Wednesday: Live Futures Trading & Market Talk | MyFundedTV 04/15/26 — Transcript
Full transcript
- 0:48What the hell?
- 1:19[ __ ] us.
- 1:42Good morning friends. Happy Wednesday.
- 1:44Welcome to my funded futures and
- 1:46myfunded TV. I am Terry Trades and we
- 1:49have our amazing, wonderful, nice,
- 1:52rambunctious expert trader Tom Sabo.
- 1:56>> Thank you so much, Terry. Good to see
- 1:57you. Good morning. Well, I I always love
- 2:00these introductions. It's just so great
- 2:01to be back and lots of energy. Good
- 2:03morning, everybody. Special hello to
- 2:04Abishek and Magnus, Trevor, Nate, Aaron,
- 2:07everybody at Wondon TV crew, of course
- 2:10to you guys in chat. It's so amazing to
- 2:12be back. Uh Terry, what is going on?
- 2:15It's so good to see you all. I mean I
- 2:17mean all week all morning
- 2:20>> I I missed you. I missed you because
- 2:22because I wanted to share so many trades
- 2:25with you after our stream but uh
- 2:28actually I'm glad I didn't because you
- 2:30might have taken the same trade. I'm
- 2:31going to tell you guys something. I I
- 2:33made some stupid mistakes after the
- 2:35stream. I was a little bit overtrading.
- 2:37So long story short.
- 2:39>> Yeah.
- 2:39>> Oh well. I can't wait to talk more about
- 2:41that. I think a lot of people struggle
- 2:43with overtrading sometimes. So this will
- 2:45be a good topic if we have time because
- 2:48today we have the debate
- 2:52>> debate today everybody
- 2:54>> and I have a special to show for people
- 2:57who didn't see yesterday. Uh we can
- 2:59share my screen.
- 3:00>> Oh yeah. Let's see.
- 3:06We have the pogo deal. I just want to
- 3:09remind everyone because it does end in
- 3:11less than one hour. So, for a limited
- 3:14time, it ends at 10:00 a.m. Eastern
- 3:16Standard Time. When you purchase a Rapid
- 3:19account using code YouTube, any of the
- 3:21sizes, once you pass during this window,
- 3:25when you when you purchase on that
- 3:27account, it will be tagged on that
- 3:29account. Once you pass that, you will
- 3:31receive a free eval of the same size
- 3:34from My Funded Futures. So, basically,
- 3:37like you pass one, you get one free. So,
- 3:41make sure you snatch one up. Let's go.
- 3:43Exactly.
- 3:43>> Tic tac, tick tac, tick tac, everybody.
- 3:46So, time is running out. Get it while
- 3:48you can.
- 3:49>> Yes. Type in one if you guys use this
- 3:52promo to hopefully get your pogo.
- 3:55>> Oh, wow. I like that.
- 3:57>> Let's go. Corb Drake says, "I'm going to
- 3:59ask my mom to buy me one."
- 4:01>> There you go. Easy, right?
- 4:05>> Exactly. Yes. I'm seeing lots of one.
- 4:08Eco Heather, let's go. Um yeah, so I
- 4:13just want to remind people about this
- 4:14deal and I will remind people a little
- 4:17later during the show too. Don't you
- 4:19worry for our friends that join later.
- 4:21Um and this is the schedule for today.
- 4:25Today is Wednesday. We have such a
- 4:27special day today because for Forex Ike
- 4:30is joining our team officially. He will
- 4:33make his debut at 10:30. So right now
- 4:36you are watching Terry and Tom on the
- 4:38morning push. At 10 to 10:30 we have
- 4:40Pine Tree Trader. 10:30 to 11:30 we have
- 4:44Forex Ike, the king of negative R&R.
- 4:4811:30 to 12:30 we have Husk and
- 4:50Methodical Man. At 12:30 to 1:30 we have
- 4:54Matt Cohart. And that is the schedule
- 4:56for today.
- 4:57>> That is This day is going to be super
- 5:00awesome. I can't wait to to hear the
- 5:01segment from Mr. Negative risk-to-reward
- 5:04trader because he is actually smashing
- 5:06those trades. So stay tuned. this going
- 5:08to be amazing.
- 5:09>> Exactly. For so many traders, like we're
- 5:12taught that it's you risk one to make
- 5:15two or risk one to make three. And but
- 5:18for people who trade negative R&R, it's
- 5:21opposite. It's like you risk, you know,
- 5:24uh a lot to make a little. And with a
- 5:27super high win rate, you can succeed.
- 5:29And Ike is definitely the king of it. He
- 5:32will show you how he does it. He has so
- 5:34many calendars where it's all green
- 5:36days. He is like, "Get your money and
- 5:38get out of the market. Don't think
- 5:40you're smart. Just get in and get out."
- 5:44So, it'll be fantastic to hear um him
- 5:46share all of his knowledge with all of
- 5:48us.
- 5:49>> Yeah, I am genuinely I'm really
- 5:50interested in it because I I was always
- 5:52like I'm still preaching that yeah, I
- 5:54like I do like positive riskreward
- 5:56trades and and I always say like, "Hey,
- 5:58I need to get at least a one to one."
- 6:00But, you know, I got to admit to
- 6:02everybody here, and this is an honest
- 6:04statement and realization from the past
- 6:06couple of months, I'm seeing more and
- 6:08more traders smashing it, killing it
- 6:10with negative risk-to-reward. And you
- 6:12know what? Especially in these markets,
- 6:14it seems like that letting your trade a
- 6:16little bit more loose and just get that
- 6:18TP. I mean, it seems like it's paying
- 6:20off real nicely for many traders. So,
- 6:22yeah, stay tuned. It will be exciting to
- 6:24hear Forex I talk about it more.
- 6:26>> Yeah. And I haven't shared this back
- 6:29test that I did on the fiveminute orb.
- 6:31It it is a negative RNR. Uh sometime
- 6:34this week, hopefully when we have time,
- 6:36I can share the results of it because it
- 6:38definitely surprised me. Negative RNR.
- 6:41So there you go. If if you change the
- 6:43parameters, it doesn't work. But it does
- 6:46work. This one trade works as far as the
- 6:48back test with a negative RNR. So it's
- 6:50really interesting.
- 6:51>> Oh, yeah. It is. It is. All right. Uh
- 6:54yeah.
- 6:55>> Yes. I see I see your chart up. Tell me
- 6:58what do you see?
- 6:59>> I I I wish I could tell you some super
- 7:01exciting things from this chart but uh I
- 7:04just can't. I mean I mean no obviously
- 7:08it it was a bit of a consolidation right
- 7:10so uh we had like great moves uh
- 7:12yesterday as well and now London and
- 7:15Asia session were kind of consolidating.
- 7:17Uh so yeah, yesterday I think we we uh
- 7:21moved like 500 points or even more. But
- 7:24uh anyway, Asia session was a little bit
- 7:26uh sideways, but London session, yeah,
- 7:29London session was like almost like ENQ
- 7:32was plugged uh unplugged, sorry. And it
- 7:34was it was just slowly progressing up to
- 7:37uh 26K
- 7:39uh and we're kind of anchoring again
- 7:41around this round number. Now we did
- 7:44have a talk about it in London stream
- 7:46and early New York stream that if we are
- 7:48able to hold or the market is able to
- 7:50hold uh above 26k you know what a higher
- 7:55time frame would suggest that we might
- 7:56going to make a new historical high. And
- 7:58so speaking of potential zones because
- 8:01that's my all-time favorite. Uh there's
- 8:04nothing I'm sorry to say it but there's
- 8:06no uh special supply and demand zone.
- 8:08There's only one, sorry everybody, at
- 8:10926
- 8:12on the 5m minute chart. Uh, so uh, one
- 8:16more thing here. Uh, during the
- 8:19pre-London session, there was a bearish
- 8:21pin bar at 1:00 a.m. We swept an Asia
- 8:24high. Awesome. We went lower. London was
- 8:28pretty much a slow grind back up there
- 8:30to 26,036.
- 8:32Interesting to see. Now I have this uh
- 8:35dotted line here at 26,036
- 8:38which is the mid level of that bearish
- 8:40pin bar and we talked about this also
- 8:42many many times that the midpoint of
- 8:44these bearish pin bars could be many
- 8:46times a potential rejection area which
- 8:48it did happen. So uh in London this was
- 8:50a London high here rejected exactly from
- 8:53there and then went lower swept another
- 8:56low and then tried to push it there. I
- 8:58think there was some sort of a news
- 8:59event here at uh 7:45
- 9:02some comment or tweet whatever. Anyway,
- 9:04we swept another high and then you know
- 9:08logic would dictate that now maybe we
- 9:11can go down to 926. So there's my short
- 9:13answer which is I might going to take a
- 9:16short to 926. But uh what's the
- 9:19distance? Because uh yeah the distance
- 9:21is 60 points. So what I would be looking
- 9:24at is maybe grab like 20 30 points if I
- 9:28can on a potential drop and I might have
- 9:31to switch to the one minute time frame
- 9:32at the market open. So yeah, I'll might
- 9:35try to scalp it down to 926. But yeah,
- 9:39that is it on ENQ. Um and on gold, well
- 9:44gold was also interesting though. But on
- 9:47gold, uh, we were also consolidating,
- 9:51swept some lows again, and now it kind
- 9:53of feels like we're pushing higher. I
- 9:54think we're going to take out that 4845
- 9:57level. There's a swing high there, and
- 9:59it's not just a swing high. We're
- 10:00currently in a supply zone right now.
- 10:03Let me just change this. We are in a
- 10:065minut supply zone area. I feel like
- 10:09gold might want to push higher. We have
- 10:11the web up. We have the midnight level,
- 10:13New York midnight level at 4848. Uh so
- 10:16why not just sweep a little bit more?
- 10:18I'm expecting gold to push higher in the
- 10:21past uh hour. It was just going
- 10:24sideways, consolidating, and this is
- 10:26still the 5m minute chart here. Let me
- 10:28zoom in. So we were just consolidating,
- 10:30going uh sideways. So we should be going
- 10:32to 4845
- 10:34and then who knows? Maybe maybe we will
- 10:37reverse. But uh just careful with the
- 10:40shorts. There you go. It's slowly
- 10:41pushing there. And um yeah, as for ES,
- 10:46kind of the same situation as on ENQ. Uh
- 10:49we had these bearish pin bars um at 1:00
- 10:52a.m. and at 7:45 Eastern Standard. So
- 10:56kind of identical as usual um to ENQ. Um
- 11:01I'm still kind of waiting for this one
- 11:03to go over it. It's it does not have the
- 11:06same five minute zone here at um
- 11:09yesterday PM session, but it has another
- 11:12zone um yesterday. session from 10:55.
- 11:15So, more targets for me potentially on
- 11:17the downside. But that being said, let's
- 11:20just go out to the 1 hour chart because
- 11:21this is what I was looking. We're just
- 11:24above 7,000 7,000 here. and and the
- 11:287,000 7K level is like a very important
- 11:32psychological number and and this is
- 11:35what could be slowing us down if we
- 11:38really want to take a short. So this is
- 11:39the 1 hour chart. I'm zooming out here
- 11:41on the 1 hour and just look at that we
- 11:44are above 7K. If ES is not going to be
- 11:48able to drop down lower then you know
- 11:51what uh it's just the same scenario as
- 11:54for ENQ. we might just going to go for
- 11:56new all-time historical highs here. So
- 11:597K is a very important psychological
- 12:02number in my opinion. So got to watch
- 12:05for that. I'm going to keep an eye for
- 12:07that how we are going to react for that
- 12:09area. I feel like it might going to
- 12:14well uh it might not going to do any
- 12:16good for the potential short on ENQ. So
- 12:19watch out what ES is going to do around
- 12:217K because um if there's going to be a
- 12:25im immediate bounce then the short on
- 12:27ENQ to 25,926
- 12:30is is no go is is a no trade. Uh it's
- 12:34difficult to be honest when we are
- 12:36around strong psychological numbers um
- 12:40it you know it can it can shuffle the
- 12:43cards really easily because now it's
- 12:45it's more difficult to read the market.
- 12:47Um, overall the big picture shows us the
- 12:50daily and the weekly. I'm not going to
- 12:52switch now, but if you look at the daily
- 12:54and the weekly that that it was a strong
- 12:56push both on ES and ENQ and we might
- 12:59just going to see another leg upwards.
- 13:01So, let's wait till the market open. I
- 13:04can't just jump in right now to to take
- 13:06a trade. We'll see what the first few
- 13:08minutes will show. But that's all I
- 13:09have. Thank you so much.
- 13:11>> Thank you, Tom.
- 13:12>> You're welcome.
- 13:12>> Yeah. Yeah. It's it was so wiky this
- 13:15morning in pre-market. and it was like
- 13:17up, down, up, down. It just did not know
- 13:20what it wanted to do.
- 13:22>> Well, hopefully sooner or later we will
- 13:25know. But whenever I see these these
- 13:27bearish pin bars and Oh, yeah. I totally
- 13:30forgot about one thing here. And usually
- 13:34I I don't really go for these levels.
- 13:36So, uh I'm sorry again. I forgot to talk
- 13:38about this. There is a level at 26,15.
- 13:43Let me show you guys on the one minute
- 13:45and on the five minute first. Sorry. Uh
- 13:47I I really wanted to talk about this. I
- 13:49don't know how I forgot this one, but
- 13:50anyway, let me zoom in on the 5minut
- 13:53chart. This is quite interesting. Uh
- 13:565:05 a.m. this morning, Eastern Standard
- 13:59Time. Now, this candle on the 5m minute
- 14:01does not have a wick on the top. So, the
- 14:04opening uh and the high point of the
- 14:06candle is the same um 15.25.
- 14:11Yeah, that's 15.25. 25 and between um
- 14:16the previous candle and this one there
- 14:18is a very small tiny um liquidity void.
- 14:22So So the candle at 5:05 after 5:00 a.m.
- 14:27actually started like uh two ticks lower
- 14:30than the previous one. Not that it
- 14:31really matters too much, but you know
- 14:33what I think? Uh uh because we're super
- 14:36close, the market can easily wick up
- 14:39there and sweep that level. So, so we'll
- 14:43see. That's uh that's almost 20 points
- 14:46up there. So, I think I think whatever
- 14:48happens, the first move, and this is my
- 14:50bet. I'm not officially calling this
- 14:52out, but we should be sweeping 15 and
- 14:55then maybe we can drop down to that that
- 14:57926. But, you know, right now, I think
- 15:01it's going to be it it's going to be 15
- 15:04up there. Yeah, we'll see. It should be,
- 15:06I think.
- 15:07>> Yeah.
- 15:08>> Okay. My funded futures did drop a
- 15:10sentiment poll. 65% said we go higher.
- 15:1435% said we go lower. All right.
- 15:17>> Yeah. Oh, yeah. I forgot one thing this
- 15:19week here. Actually, I know I saw a
- 15:21comment. Uh it went through this level,
- 15:23but it still has not been re uh
- 15:25rebalanced, which means we might need up
- 15:27close candles. But as I said, it's going
- 15:30to be difficult. Yeah,
- 15:32>> I did see in pre-market that the market
- 15:34is still very sensitive to headlines and
- 15:37tweets. Trump did tweet something and
- 15:40then the market instantly made that wick
- 15:43up and then it sold off. It took a while
- 15:46to sell off. So yeah, everyone be
- 15:48careful for sure. Um I can go over the
- 15:50other promos too.
- 15:52>> Oh yeah, let's see those. Let's see it.
- 15:55>> Okay, I just need to share this
- 15:56beautiful graphic again. I'll probably
- 15:58share it one more time before our stream
- 16:01is over. Yeah, it is the pogo deal. Use
- 16:04code YouTube. When you purchase it using
- 16:06code YouTube, any of the rapid accounts,
- 16:09once you pass that account, you will
- 16:10receive a free eval from my funded
- 16:12futures. And it is 20% off in addition
- 16:16to the pogo. So, this is a fantastic
- 16:18deal. It does end in about 45 minutes
- 16:21here. So, make sure you snatch one up
- 16:23using the best code ever, code YouTube,
- 16:26because Oops.
- 16:28It does help to support the channel.
- 16:31Oops. Okay, the E just popped off. Um,
- 16:34and we have the 30% off any of the pro
- 16:39accounts, too. That is still going on,
- 16:42as you can see here, code YouTube. And
- 16:45uh the pro accounts are the accounts
- 16:47that you can really run up it for all
- 16:49traders within my funded futures. It is
- 16:51up to $100,000
- 16:54in sim funded payouts. And as you can
- 16:56see here, it is quite a savings. 30% off
- 16:59you save $6810.
- 17:02And with the pro plan, it is you can get
- 17:04paid every 14 days as long as you're
- 17:07above the buffer. So people love this
- 17:09plan because it is like getting a
- 17:11bi-weekly paycheck once you're in sim
- 17:13funded. I love that. Do we still have
- 17:15the welcome bonus on the pro? I'm not
- 17:17sure.
- 17:18>> Yes, we do. Thank you for asking, Tom.
- 17:21For all of you new traders with my
- 17:23funded futures, it is 50% off your first
- 17:26account of any of the pro accounts. I
- 17:29would say if I had a chance to use a 50%
- 17:33off coupon, I would choose the 150k
- 17:36account because this account rarely goes
- 17:38on sale for 50% off. So, make sure you
- 17:41snatch one up using code YouTube. Thank
- 17:44you.
- 17:45>> Thank you, everyone.
- 17:47>> Yes.
- 17:47>> Yeah, those are the promos.
- 17:49>> We love it. We love it. Uh, and
- 17:54yeah, I'm kind of I'm kind of thinking,
- 17:56by the way, on a potential scalp
- 17:58situation here. But anyway, before we go
- 18:00into that, I just want to do my due
- 18:02diligence and check the numbers here,
- 18:04everybody, because we do need to check
- 18:06the numbers. We love the numbers. And
- 18:08let's see, we have 100 likes. Thank you
- 18:10so much everybody. That is a really
- 18:12really good thing. Thank you for
- 18:14smashing it. We have 300 and almost 50
- 18:17uh viewers. Thank you everybody for
- 18:19starting the morning push here with us.
- 18:21If you're watching us on X or Tik Tok,
- 18:23please make sure to drop over to YouTube
- 18:26just a few clicks away. Make sure to sub
- 18:28uh subscribe, smash the like, and you
- 18:31know, we're getting closer to 70K, so
- 18:34you know, let's smash it. Let's push it.
- 18:36We had a great run so far up to 64K. So,
- 18:39let's get it everybody. And I'm going to
- 18:41check the numbers later. Thank you so
- 18:42much. The YouTube algorithm loves the
- 18:44likes. So, let's go everyone.
- 18:47>> Yeah, I saw yesterday we did hit our
- 18:49goal. I believe we did hit our goal of
- 18:51200 words.
- 18:52>> So, 200 is the goal everybody before
- 18:5410:00 a.m. Let's smash it.
- 18:57>> Let's go. Rash Trey says W. Let's go Kim
- 19:01Capital.
- 19:03>> Let's go everyone. So, yeah. Um,
- 19:06>> so we wait.
- 19:07>> We wait. We wait. And yeah, I was just
- 19:09watching the one minute chart on my left
- 19:11here. Let me switch to the one minute.
- 19:13So, uh, yeah, as I mean, we're seeing
- 19:17quite many wicks even on the one minute
- 19:20chart. So, rejections on both sides.
- 19:22There's no clean price action,
- 19:24overlapping candles, uh, you know,
- 19:27little bit bearish, little bit borish,
- 19:29uh, bullish, bullish and bearish, and
- 19:31somewhat sideways. and it's just hard to
- 19:34make a decision. You know what? It's
- 19:35best to wait. Yeah. So, it's best to
- 19:37wait, but I would say the level that I
- 19:40would go with um for potential shorts.
- 19:44Well,
- 19:47I don't know. This could be tricky to go
- 19:49short below 980. So, I might want to
- 19:52wait a little bit more. I might want to
- 19:54wait uh let's see. I might want to wait
- 19:57somewhere at least to get down around
- 20:00970 and lower. Otherwise, I'm not really
- 20:03interested to do anything with that. But
- 20:06yeah, that could be good.
- 20:08>> Well, while we're waiting for the market
- 20:10to open uh in about 10 minutes here. Oh,
- 20:14before I show the thing I was going to
- 20:15show you, we must cover the news real
- 20:17quick here.
- 20:18>> Oh, yeah. Let's see.
- 20:18>> Um yeah, so let me look. As far as news,
- 20:24scheduled news, I do see a Fed speaker
- 20:29um that spoke at 7:30 Central Standard
- 20:32Time. Uh I'm not really seeing anything
- 20:35scheduled.
- 20:36>> Yeah, no scheduled um uh news. Yeah, I'm
- 20:40checking it too, but
- 20:42but nothing.
- 20:43>> I do. Yeah, I do see a headline that
- 20:45came out about 3 minutes ago. It says
- 20:47ceasefire in Lebanon to be announced
- 20:50tonight for one week. That's very good.
- 20:53>> Hopefully it will be that way. But we
- 20:55saw this many time happening like uh one
- 20:58one party announces oh ceasefire and the
- 21:00other part is like no there's no
- 21:02ceasefire so who knows. Um
- 21:04>> yeah that's true. It's it's like so up
- 21:06and down. Um at 7:47 Eastern Standard
- 21:09Time, Trump did write on s truth social,
- 21:13China agreed not to send weapons to
- 21:15Iran. China is very happy that I am
- 21:18permanently opening straight of hormuse
- 21:21and China is very happy that I am
- 21:23permanently opening the straight of
- 21:24Hormuse. I am doing it for them. Um that
- 21:27is what that spike up was in premarket.
- 21:30>> Okay. All right.
- 21:32>> Very interesting.
- 21:34>> Yeah.
- 21:36>> Yeah. But did you see the video from my
- 21:39funded futures?
- 21:40>> Uh the latest one.
- 21:42>> Yeah, the latest one. It dropped on um
- 21:46on uh Sunday.
- 21:48>> Oh, I'm not sure. It's um
- 21:52a I I'm not sure. I'm not sure which one
- 21:54is that.
- 21:55>> Okay, I will pull it up so people can
- 21:57see. It's really good.
- 22:01Hold on one sec.
- 22:02>> I'm not sure I did. I might have to
- 22:04check it because I used to I used to it
- 22:07it pops up. I used to watch it, but I'm
- 22:09not sure if I did. But I know we have
- 22:11some new great series of helping you
- 22:13traders out and you know it's not just
- 22:16for setting up um you know your charts
- 22:19and everything but really good
- 22:20guidelines.
- 22:22>> Yeah. Oh okay. I can share my screen
- 22:24now.
- 22:25>> Let's see it
- 22:31need to know.
- 22:32>> So here we are on the MFU website.com.
- 22:35Let's get logged in right here. So, I'm
- 22:37just going to walk you through every
- 22:39single little thing and detail so you
- 22:41guys will know exactly what you're
- 22:42looking at when you hop onto the My
- 22:43Funded Futures dashboard. Last week, I
- 22:46actually took two trades on this Flex
- 22:48Evaluation. I wanted to really show you
- 22:50guys the statistics and what it looks
- 22:51like when you actually dashboard.
- 22:54>> So, good. Yeah. So, everyone go check it
- 22:56out. Every two weeks, a new episode is
- 22:58dropping. This is the second episode
- 23:00walking people through our dashboard for
- 23:02people who are not uh familiar with
- 23:04using our dashboard. And I would say
- 23:07there are a lot of traders who trade
- 23:08with my funded futures who aren't really
- 23:11utilizing our dashboard, right? It is
- 23:13fantastic. There's so many statistics in
- 23:15there for you to review and see and
- 23:17learn more about your trading uh the
- 23:19good things and the bad things.
- 23:21>> There are lots of things you can check
- 23:23on your dashboard everyone and I think
- 23:26uh my fund the futures really did a
- 23:28great job on all the details the data
- 23:30you can follow up. It's like basically a
- 23:32trading journal. So you see lots of
- 23:34data. You can track your trades.
- 23:36>> Uh it really I think it's basically the
- 23:39best what I've seen so far. So it's
- 23:41really good.
- 23:42>> It is. I love it. Go my funny futures.
- 23:45>> Go.
- 23:48>> Let's go. Okay. So the debate topic
- 23:50today is passing eval is just a game and
- 23:55not real trading versus it is real
- 23:57trading. What do you think, Tom?
- 23:59>> Oh my gosh. That's a that's a real
- 24:02that's a that's a very good topic. I
- 24:03love it because uh I think it's really
- 24:06it can create some controversy in the
- 24:09chat I think and you know I think both
- 24:11side of this equation is kind of
- 24:15interesting and and quite spicy maybe
- 24:18I'm not sure which one which side would
- 24:19you like to take?
- 24:21>> I would like to take that it is like
- 24:24real trading.
- 24:26>> Okay. So Terry is going to argue about
- 24:28that passing an evaluation account is
- 24:31real trading, right?
- 24:33>> Yes, absolutely. I think so.
- 24:38>> You want to go first or should I go
- 24:39first today?
- 24:40>> You can go first. You can go obviously.
- 24:42I mean, you're ladies first as always.
- 24:44So, you can go first. And this is going
- 24:45to be a real cool one, I think.
- 24:49>> Yes. In about 30 minutes. So far, I am
- 24:52up two rounds. Tom is up zero rounds.
- 24:58>> I like the way you say I'm up zero
- 25:00rounds. So I'm up zero. Basically zero
- 25:02is winning. So my god,
- 25:05>> you are winning, Tom. You win every
- 25:06single day, right, guys? Tom wins every
- 25:09single day.
- 25:10>> Yeah, we win. We win. All right. Oh my
- 25:12gosh. Thank you just went out. It's
- 25:14going up. Did we tag that level? We
- 25:15talked about that 15 up there. Uh that
- 25:18we will go there first. Yeah, I think we
- 25:20just tagged it. So we tagged 15.25 25
- 25:23just as we expected.
- 25:25>> Now the question remains, oh yeah, it's
- 25:27going. So if we're going to close higher
- 25:30than this level, then you know what? Uh
- 25:32because we didn't hit the uh previous
- 25:34day high at 44.25,
- 25:37we might just have a good scalping
- 25:38opportunity here to to get that 44 up
- 25:41there. So we'll see.
- 25:44>> Okay. Oh, 65% voted that we will go
- 25:46higher. The poll is closed.
- 25:48>> Mhm. Okay.
- 25:50>> Do you know what was so fun? When we had
- 25:52that day where my fun of futures asked
- 25:54everyone in chat to vote if the cand if
- 25:57the first five minute candle would be
- 25:58green or red and if we got it right then
- 26:02um there was an extra freebie account
- 26:04giveaway. Do you remember?
- 26:06>> Oh yeah. Oh yeah, I remember that. And I
- 26:08think I think we should use a chat
- 26:09indicator for all these times because we
- 26:12should have a statistic because it seems
- 26:13like you guys in the chat are really
- 26:15nailing these levels.
- 26:16>> You guys got it right. Yeah, that was
- 26:18really fun though. I hope we can do that
- 26:20again. Yeah, we're gonna do that on
- 26:22Friday. Awesome. That was really fun.
- 26:24>> We like it
- 26:25>> because everyone was cheering on the
- 26:26same side because everyone wanted it.
- 26:29>> The the extra fee count. Yeah. Every
- 26:31hour we do have a freebie giveaway. Um
- 26:34I'd say about every hour, uh there will
- 26:37be a form that will drop in chat and you
- 26:39have to make sure you get your name on
- 26:40it right away for a chance to win. The
- 26:43winners will be announced sometime
- 26:44usually within our segment and uh you do
- 26:47have to be present and then if your name
- 26:49is called make sure you tag at myfunded
- 26:51futures prop firm to claim your prize.
- 26:54>> Yeah, keep an eye on the chat uh because
- 26:56we are not going to announce the
- 26:58winners. It's going to be typed in the
- 27:00chat. So if you see it, you got to
- 27:02react. That's how it goes.
- 27:05>> It's to award all of you that actively
- 27:07participate. You guys are awesome.
- 27:10>> Yeah. We don't want you guys to get
- 27:11lazy. Basically, that's it. So, you are
- 27:14so comfortable sitting in your chairs
- 27:16and just, you know, sitting back and
- 27:17listening to the show, which is awesome,
- 27:19by the way. But, but you know, you got
- 27:22to work for this prize. You got to work
- 27:23for it. You got to focus on this.
- 27:25>> Feels better when you win if you have to
- 27:27work for it.
- 27:30>> Oh, so this candle is a very bullish
- 27:32candle so far.
- 27:34>> Yeah, it's bullish and and we are
- 27:35closing higher than that 15. So, we'll
- 27:37see, you know. Yeah, we shall see. We
- 27:40are trading above yesterday's high
- 27:42again. My goodness, yesterday it just
- 27:45took off and we did not print a lower
- 27:47price other than that opening price um
- 27:50within that first 5minute candle
- 27:52yesterday. It was a trend day. It turned
- 27:54out to be a trend day and it was one of
- 27:56those tricky days where a lot of people
- 27:57who were trying to catch that reversal
- 27:59got ran over.
- 28:01>> Oh yeah, a lot of people. And uh and I
- 28:04feel like now they especially in the la
- 28:06in the last one or two weeks the market
- 28:08uh I mean we had we had like two or
- 28:11three weeks uh back in March when when
- 28:14the opening was absolutely we we nailed
- 28:17it. So, we had those levels uh in the
- 28:20first few minutes as we anticipated it,
- 28:22but but in the past week or so, uh it's
- 28:26doing some dirty job there uh and you
- 28:28because it's it's just sweeping
- 28:30everybody on the other side, faking
- 28:32everybody out, and then goes to the
- 28:34original direction. I did see that in a
- 28:36couple of in the last couple of days.
- 28:38So, that's why I'm a little bit scared
- 28:39to jump in now. But h you know what?
- 28:43Right now, because we're still up here,
- 28:44I would still say that let's go to 44.
- 28:47Less than 1 minute to go, everyone, so
- 28:49buckle in. Yeah.
- 28:52>> Okay, I have to take my shot of coffee.
- 28:55>> Me, too.
- 28:58Let's drink. Cheers, everyone.
- 29:02>> I have no sugar in it. Just black
- 29:05coffee. Everyone,
- 29:06>> you're fasting, right, Tom?
- 29:07>> I'm fasting. I'm still fasting. I'm
- 29:09trying to lose weight, everybody. And uh
- 29:11you know, it's it's hard, but I'm trying
- 29:14my best, but it's working. It's working
- 29:16so far.
- 29:18>> Yeah, you It's fantastic. I've heard
- 29:21it's very healthy to fast.
- 29:23>> Well, I'm trying to learn more and more
- 29:25and it seems like it's working. I did
- 29:27lose like 17 kg. I don't know how much
- 29:30is that in pounds, but it's it's really
- 29:32good. Yeah,
- 29:33>> it's at least 34 lbs, right? I think
- 29:36something.
- 29:36>> I think it's 2.2 maybe. Um, okay. Here
- 29:38we go. About 10 seconds left.
- 29:41marketing
- 29:42ding.
- 29:44>> Oh my gosh. Okay. Bit of a spike there.
- 29:47What is going This is exactly what we
- 29:50talked about. Some fake out here in the
- 29:52first few seconds.
- 29:55>> I'm feeling like with all these wicks
- 29:57I'm seeing today might be a day where I
- 29:59just focus on taking a scalp.
- 30:02>> I think that's my plan.
- 30:04>> Oh, I I think my plan is just to look
- 30:06for scalps today. But like when I look
- 30:09at the five minute chart, there's so
- 30:10many wicks on each side, I'm just like,
- 30:13"Oh, I don't know. Today is seem
- 30:16seemingly so far like very wiki day."
- 30:19Like indecision
- 30:21>> across the board.
- 30:22>> Well, yeah. Uh this is uh I'm just
- 30:26typing a message here. Somebody was
- 30:28asking how since how long I'm fasting
- 30:30since a month, but I'm on a diet since
- 30:32January 5th. So yeah, uh this is a bit
- 30:35of an interesting open and we are kind
- 30:38of ending up in a uh
- 30:41indecisive dogee candle here on the one
- 30:44minute chart
- 30:45and okay.
- 30:46>> Oh my god, you guys. There's a spider.
- 30:50>> There's a spanger
- 30:53to me last year.
- 30:54>> Terry is in danger.
- 30:57>> I sorry spider. So sorry. I I actually
- 31:00want to jump into a scalp to take out
- 31:03the previous day high. So, I'm just
- 31:05going to risk it for the biscuit. Uh let
- 31:09me see if it it's it's visible on the
- 31:11chart. Okay, it's here. Let me see if I
- 31:14can get it. It's two micros only. And
- 31:19uh I will try to take profit at like
- 31:22let's go for 44 if I can or 40. Let's go
- 31:25for 4275.
- 31:27Let's see if I can get it. If not,
- 31:30that's fine, too. I might gonna add one
- 31:32more micro to this.
- 31:36Yeah, let's add one more micro and
- 31:40and we'll see. I don't know. It's not
- 31:43looking good. It's not looking good. I
- 31:45really wanted to see this push it up
- 31:47there.
- 31:49>> H,
- 31:51right.
- 31:52>> Yes, exactly. We're We're just right
- 31:54above VWAP. Um, we did go to unchanged
- 31:58price. ES is up 10 points. Let's check
- 32:01on YM real quick. YM is up about 80
- 32:03points.
- 32:06>> Okay. Okay. Uh it's it's going to be
- 32:09interesting.
- 32:10But yeah, let's wait and see. The thing
- 32:13is, I still love uh that 926 level up
- 32:18there and I mean down there, but the
- 32:20fact that we're still holding 26K
- 32:23and whatever this spike was here at 746
- 32:28or 45, it did not go up there to sweep
- 32:31previous day high. I don't know if it
- 32:32swept it on the mini, but on the micro
- 32:35it it's still there. It's kind of a good
- 32:37level for potential liquidity sweep. So,
- 32:39I want to see that happening. If it if
- 32:41it's going to take a couple of more
- 32:42minutes to go there, I'm just going to
- 32:44close the trade manually. Come on, let's
- 32:46go.
- 32:46>> Oh, it's going.
- 32:48>> Let's go. Just a little bit more.
- 32:49>> Get up there.
- 32:50>> To the chopper. Come on. Get in. Go.
- 32:53>> I said it in Hungarian. Come on. Let's
- 32:55go.
- 32:57>> To the chopper.
- 32:59>> To the chopper.
- 33:01Okay.
- 33:02>> Okay. Is up by about 33 points. The
- 33:05Bulls so far are in charge.
- 33:09It's pushing. It's pushing. The
- 33:10overnight high is 26,58.
- 33:13We're pretty close. And we are close to
- 33:16Tom's TP.
- 33:18>> Yeah. Yeah. 4150 is my TP right now. Uh
- 33:22I'm I I'm ready to close this manually
- 33:25because the more time we're spending
- 33:27here, the more likely we're just going
- 33:28to um I don't like it. I don't like it.
- 33:32I don't like it. Do I like it? I don't
- 33:34know. It's your decision, Terry. What
- 33:35should I do? I think listen to your gut
- 33:39with the pre-market or not pre-market
- 33:41but the open. I feel I feel like you do
- 33:43have to be fast. You've got to be fast.
- 33:44>> I closed it. Closed it. Made $118 on
- 33:47this one. I closed it. I need to close
- 33:49it, guys, because I've seen this so many
- 33:51times. You know, it makes the initial
- 33:53push. It's unable to sweep that high.
- 33:55And I'm not saying it's not going to go
- 33:57for 44, but then it's just going to pull
- 33:59back into the middle of the range. We're
- 34:01going to we're going to go crazy there
- 34:03and we're going to second guess
- 34:04ourselves, whatever. And I just don't
- 34:07want to be in that situation. $118 at
- 34:09the open. It's more than enough for me.
- 34:11It's more than enough. And let's look
- 34:13for the next one. I'm trying not to give
- 34:16this back. Um and we'll see what
- 34:18happens. Yeah,
- 34:20>> in less than 5 minutes, you may some
- 34:23bucks. Let's go.
- 34:24>> But yeah, we're It seems like we're
- 34:26looking to go higher. And by the way, I
- 34:28I I was thinking we will we will talk
- 34:30about it later uh a little bit more, but
- 34:32I was thinking about this thing so many
- 34:34times even in the past few years like
- 34:37like uh
- 34:39what uh it would feel like only trade
- 34:44the market open for like five or 10
- 34:46minutes because I do know many traders
- 34:48are only doing this. So they're only
- 34:50trading the first few minutes of the
- 34:53market and you know what they're making
- 34:55excellent profits. So, it's just so
- 34:58different for everybody like how much
- 35:02time should a trader trade or how much
- 35:05time would you use up for trading?
- 35:07Anyway, I'm just thinking out loud. I'm
- 35:09always kind of thinking about these
- 35:11these things like do we really need to
- 35:13sit five, six, eight hours in front of
- 35:15the charts? I mean, not that I don't
- 35:17like it. I mean, I I like to I like to
- 35:20sit at the charts. I think trading is
- 35:21awesome and but I do know many people
- 35:24only sit like for 10 minutes or 15 and
- 35:27they're done.
- 35:28>> Mhm.
- 35:29>> Exactly. I think um if you're new, it's
- 35:33really good to get a feeling for
- 35:35markets, how they move, so I can see
- 35:38where you'd like to do that as a
- 35:40beginner and just to get an
- 35:42understanding of how markets like
- 35:44different types of days like a trend day
- 35:46versus like a consolidation day or you
- 35:50know a balanced type of trading day.
- 35:55However, I think the more time we spend
- 35:57in front of the screens, you can and and
- 35:59you have your chart open. Well, yeah, I
- 36:02guess it have to be open.
- 36:03>> Well, yeah, it has to.
- 36:04>> But the more Yeah, but the more time you
- 36:06spend uh with your chart open where you
- 36:09can execute it, there is this risk of
- 36:12overtrading. It seems like there's a
- 36:14direct correlation. Exactly what I
- 36:16wanted to say, Terry, because uh I think
- 36:18the more you sit in front of the chart
- 36:21and and you know, kind of feeling that
- 36:24urge to push the button, the more the
- 36:26chances are that you are actually you're
- 36:28risking your account, you're risking
- 36:30your your profits. Statistically
- 36:32speaking, chances are uh because of
- 36:35human emotions and by human nature
- 36:38because uh and because you're going to
- 36:40get fatigued, you're going to get more
- 36:42tired and uh you know you're especially
- 36:45after a couple of hours uh I think the
- 36:47decision-m process even if you have like
- 36:50three coffees in a row but you might
- 36:52going to get some you know your
- 36:54decision- making is not going to be as
- 36:56sharp as in the first hour or 30 minutes
- 36:59or whatever. So, you're just risking
- 37:02statistically that you're going to lose
- 37:03more. Uh, the more time you spend at the
- 37:06chart, the more you're going to risk,
- 37:08right? I don't know, but something like
- 37:10that.
- 37:11>> Yeah, I agree. What do you guys think,
- 37:13chat?
- 37:15>> Yeah.
- 37:17>> Okay. I am I'm going to put a stop sell
- 37:21order below the fivem minute candle. Um
- 37:25hopefully it gets triggered. So, the low
- 37:27of the first fiveminute candle is 995.
- 37:30I'm going to put an entry for a sell if
- 37:33it gets hit at 993
- 37:36>> on my
- 37:37>> 93. Okay, that's that's good. That's
- 37:40good. That that is a good decision.
- 37:42>> I think I also made the right decision
- 37:44by closing it down up there at 30
- 37:47something because we pulled back down to
- 37:4909. So, uh it was a good good decision
- 37:52to make. Right now, we are still going
- 37:55sideways. Uh, let me look at the five
- 37:58minute. Um,
- 38:01yeah, it seems like if we stay like
- 38:04this, we might gonna have an inside bar
- 38:06here, but I don't know.
- 38:08>> Interesting. Okay, so lots of people in
- 38:11chat are agreeing with you, Tom, that
- 38:13just spending too much time in front of
- 38:15the screen, in front of your own charts,
- 38:19it it does put you at risk of
- 38:20overtrading. Uh, I will say you can
- 38:23watch our stream because we always
- 38:26usually have a chart up so you can still
- 38:28learn about the market without putting
- 38:30your accounts at risk.
- 38:32>> Exactly.
- 38:33Uh, okay. We smashed through 44 and now
- 38:38now comes the next question. Where to go
- 38:41now? Right. So, let me switch here.
- 38:44Okay. We still have a we have a high
- 38:46here. That would be
- 38:48>> I would say pre-London high. But let me
- 38:50see the level closer a little bit. Uh,
- 38:55okay. This is not working. Let me switch
- 38:57to a different Sometimes my trading view
- 38:59is glitching a little bit. Okay, 58.25
- 39:03uh would be that buy side liquidity
- 39:05level next. I wonder if we can take out
- 39:07that uh that pin bar high or or we're
- 39:12going to pull back into that internal
- 39:14liquidity and maybe maybe go down 959.
- 39:19I'm not sure.
- 39:20>> H interesting. Okay. Oil is down 79.8%
- 39:25about it's trading below VWAP. That's
- 39:27interesting. Negative uh80%.
- 39:32Yeah.
- 39:32>> Mhm. The thing is uh the one minute
- 39:36looks terrible. The one minute chart uh
- 39:38it looks absolutely terrible. The five
- 39:41minute is eh I mean I don't like I don't
- 39:43like the way the chart looks like right
- 39:45now. I don't like it.
- 39:46>> Okay.
- 39:47>> Yeah. I mean,
- 39:50>> it's a it's a it's slowly taking the
- 39:52stairs to go higher. Should be popping
- 39:5558, I guess.
- 39:58>> But
- 40:00I don't know. I don't know. It's a good
- 40:03question.
- 40:03>> We shall wait.
- 40:04>> But until then,
- 40:06>> whenever I hear you say I don't know,
- 40:08I'm like, okay, signal to wait.
- 40:10>> Signal to wait.
- 40:11>> And wait, waiting is a signal. It's it's
- 40:13it's a trade. Sitting on your hands is a
- 40:16trade. It looks like we did take out
- 40:19overnight high, right?
- 40:20>> Yeah, we took out 58. So, overnight high
- 40:22been taken out and we're just going to
- 40:24continue to wait until until we wait. We
- 40:27can take the debate, right?
- 40:29>> Yes, we can do the debate. I will leave
- 40:32my market sell order there. You guys
- 40:34tell me if it gets hit, if I'm
- 40:36distracted, please.
- 40:38>> I you can definitely have it opened up
- 40:41and if you feel like you need to lock
- 40:43yourself in the chart, just let me know.
- 40:45No problem.
- 40:46>> No. No. I feel like this is how you're
- 40:48going to try and beat me, Tom. You're
- 40:50You're like
- 40:52distracted. Yes. Yes.
- 40:54>> No. No. We're not doing any any of that.
- 40:57No. No. No. So, um, would you like to go
- 41:00first?
- 41:01>> Yes, I would love to go first. Thank
- 41:03you, WA team Terry. Um, real quick.
- 41:07>> Yeah, everyone.
- 41:08>> Real quick, everyone. In about 19
- 41:10minutes, that pogo promo will end using
- 41:13code YouTube. So, make sure you snatch
- 41:15some up if you haven't already. Okay,
- 41:17now I'm ready.
- 41:18>> Let's get bamboozled.
- 41:22>> Go, Terry. Go.
- 41:25>> Thank you, Tom.
- 41:28So, passing eval is like real trading.
- 41:32Tom is arguing the side that passing
- 41:34evals is not real trading. It's just a
- 41:37game. Okay. So my main arguments are
- 41:41number one it is like p it is like
- 41:44trading a live account if you treat it
- 41:46like a live account. I think many of us
- 41:49get into that trap of treating it not
- 41:52like a live account and you just try and
- 41:55smash and pass like let's let me just
- 41:58put on a lot of contracts. Let's see
- 41:59what happens and you know maybe maybe
- 42:0350% hopefully of of my eval pass. If you
- 42:07treat it like that, then yes, 100% it's
- 42:09like a game. It is not like trading real
- 42:12capital. The goal though is for us to
- 42:15develop the skills to develop uh what is
- 42:18needed to succeed in a live account. And
- 42:21if we treat it like a live account, then
- 42:24it is similar to like a live account,
- 42:26right? It is real trading because we are
- 42:29using live market data. everyone. We're
- 42:32all using the same data with the same
- 42:34thing that the hedge funds are looking
- 42:36at like the the bid and the ask. That is
- 42:38what everyone's looking at. So if you're
- 42:41treating this like a live account and
- 42:43you take it seriously, then essentially
- 42:46it it is similar to that, right? You are
- 42:49developing the skills and those skills
- 42:51that you develop it 100% transfers into
- 42:55your SIM funded account. And I will tell
- 42:57you guys this, this is the real truth
- 42:59and the hard cold facts. If you're
- 43:03smashing and passing your evals, the
- 43:05same thing can potentially happen in
- 43:08your SIM funded and you will likely lose
- 43:11a lot of accounts in the SIM funded. So
- 43:14just getting to SIM funded isn't your
- 43:16goal. your your goal is really to become
- 43:19a really good trader to become in that
- 43:21top 10% of traders to make it to get
- 43:24payouts in simundded and then to go from
- 43:27there into a live account and then to
- 43:29continue taking out payouts. So Ash
- 43:32Trades is a great example, you guys. He
- 43:35has had his live account with my Funded
- 43:37Futures for over a year now. And he has
- 43:40taken out over 20 payouts from that live
- 43:45account. And and do you think that was
- 43:47possible because he was just treating it
- 43:49like a game? I highly doubt it. I know
- 43:52Ash. I know you guys know Ash. He takes
- 43:54trading very seriously. It is a business
- 43:57and uh he's such a great example, right?
- 43:59Shout out to you, Ash.
- 44:01So, so th those are my main arguments.
- 44:04Um, it is like real trading as long as
- 44:07you treat it like real trading. And I
- 44:09will hand it over to you, Tom. Thank
- 44:12you. Vote Terry. Vote Terry. T E I R I I
- 44:16vote Terry.
- 44:18>> Yeah, I mean I mean she definitely has
- 44:20an advantage because she was a
- 44:21cheerleader. I was not a cheerleader.
- 44:23Maybe I should practice that. I don't
- 44:25know. But but I do like your point. Uh,
- 44:29and yeah, valid points there, but
- 44:31obviously it's not that simple. I wish
- 44:33it would be that simple, but yeah, let's
- 44:35talk about the other side of the coin
- 44:36here. All right, so passing those
- 44:40evaluments
- 44:51here. Oh my gosh. Okay, nothing special.
- 44:53>> Yeah, I'm taking short, by the way. I'll
- 44:55I'll just let it run. I'm looking for
- 44:5750% uh negative R&R of that 5minute
- 45:00opening candle.
- 45:02>> So, we like it.
- 45:04>> Let's go. So, yeah, talking about
- 45:06talking about these uh passing
- 45:08evaluation accounts, the real trading uh
- 45:10blah blah blah, right? Yeah, it's all
- 45:12good. Yeah, but we talked about this. We
- 45:15talked about this. Yeah, you should
- 45:17consider your evaluation account because
- 45:20you know it's going to build up good
- 45:21habits and you know we're going to
- 45:23you're going to be transferring that you
- 45:25know those kind of good habits into your
- 45:27funded accounts or maybe even live
- 45:29account but you know what the thing is
- 45:33um evaluation accounts first of all
- 45:36require I think two different type of
- 45:38trade management. We don't really want
- 45:40to spend too much time on evals anyway.
- 45:43But let me tell you something. Even if
- 45:44you haven't passed your first eval yet,
- 45:47the real job starts on your funded
- 45:50account uh or live account or even on
- 45:52your personal cash account. You know
- 45:54why? Because because you have that extra
- 45:57pressure. You have that extra pressure.
- 46:00Without having that extra pressure that
- 46:02is going to I mean that pressure is
- 46:06going to change your mindset. Hopefully
- 46:08not in a bad way, but that your decision
- 46:10making process on an evaluation account,
- 46:13especially if you're new, is completely
- 46:16different. It's completely not to
- 46:18mention if you are a more experienced
- 46:20trader. I can tell you that from my own
- 46:22personal experience. Uh and I I did hear
- 46:25Pine Tree talking about this uh on
- 46:27another uh day. Like he he also don't
- 46:31like to spend too much time on the
- 46:33evals. It's just annoying especially if
- 46:35you're you feel like you can trade uh on
- 46:39your funded accounts or live account or
- 46:41personal cash account. Evaluation
- 46:43account is always requiring quote
- 46:46unquote but not I would not say gambling
- 46:49but it it it definitely requires a more
- 46:52elevated risk management. So it requires
- 46:55more you're doing things on your
- 46:57evaluation account and I'm statistically
- 46:59speaking here. you're doing all sorts of
- 47:02different type of things on your evals
- 47:04than what you do on your funded
- 47:06accounts. And not saying all those
- 47:08things are bad, but but um what you do
- 47:12on your live or or sim funded account or
- 47:15even on your personal cash account and
- 47:18that that is going to be a much more
- 47:20disciplined much more restricted and and
- 47:24uh type of trading with lowering risk. I
- 47:27would say
- 47:28just, you know, having the skill to be
- 47:32able to pass those evals is amazing
- 47:34because that's a valid skill. Okay? So,
- 47:37I do acknowledge that if you guys are
- 47:39good in passing those evals, awesome
- 47:41because that is a skill period. That's a
- 47:44different type of skill. but to hold
- 47:46that account. And thank you for Terry uh
- 47:48for bringing up Ash. You know, Ash is
- 47:51taking I don't even know a gazillion
- 47:53payouts from his one single account,
- 47:56live account at Blurro Capital. Now,
- 47:58that is real trading. And I I know Ash
- 48:01went through a lot of things, pain and
- 48:03sorrow and trouble to get those funded
- 48:05accounts. And he went through a real
- 48:07long journey and it's I I admire that
- 48:10because that's amazing. But that that is
- 48:13a different skill. Okay. So just in a
- 48:15nutshell, passing evaluation accounts is
- 48:18a different type of skill, but that's
- 48:20not the actual real trading. That is not
- 48:23what you're focusing in the long term.
- 48:24Long-term trading is I mean keeping your
- 48:28account, trading that account and taking
- 48:31those payouts even from a simuned
- 48:33account uh or from your personal cash
- 48:35account, whatever. That is actually the
- 48:38real trading. That is actually the real
- 48:40trading when you can make like maybe not
- 48:43a living but like a partial income from
- 48:46that account. All right, imagine you can
- 48:48make a partial income of like an average
- 48:50$1,000 per month or even just $500 from
- 48:53that one single account. And and yeah,
- 48:56so evaluation account trading, awesome,
- 48:59good skill. Go for it. And you need
- 49:02this. We all need this in prop firm
- 49:03business, proper trading, that's a
- 49:05skill. You need to have that skill. But
- 49:09trading on that quote unquote real
- 49:12funded account, that simulated fund
- 49:13account where you can actually get that
- 49:15money, especially the the the rapid
- 49:17accounts like you you can you have the
- 49:19the the ability to get daily payouts.
- 49:22Now, it's not it's not going to get any
- 49:24closer to a real cash account, by the
- 49:26way. Well, now you have that extra
- 49:28emotion, that pressure that is going to
- 49:30make you or break you as a trader. Okay?
- 49:33And that is why I think evaluation
- 49:36accounts are awesome, but the real
- 49:38trading comes after evalu.
- 49:47>> Oh, thank you, Tom. I have a question
- 49:50for you. Okay, we have our first inside
- 49:52bar here on the left side of the five
- 49:54minute chart. Um, I have a question for
- 49:56you though. Like your setups that you
- 49:59use, do you use the same setups in the
- 50:01eval versus in the simf funed?
- 50:03>> I'm not going to walk into that. All
- 50:05right. So, uh,
- 50:09yes and no. There's no because I'm kind
- 50:12of There's a form, everybody.
- 50:13>> Form.
- 50:14>> There's a form. Make sure to fill out
- 50:15that form. 60 seconds or maybe maybe
- 50:17more. But be quick. Fill out the form
- 50:19and be here for the announcement. All
- 50:20right. And claim your prize.
- 50:22>> Okay. I got out of my short by the way.
- 50:25Uh the inside bar is breaking on the on
- 50:28the buy side.
- 50:29>> It's okay. It's okay. Well, so there's
- 50:31no simple answer. There's no yes and no
- 50:33because you know what? Yes, I do. But
- 50:36with a more aggressive risk management.
- 50:38I told you guys I am much more
- 50:40aggressive on the evals and I'm not
- 50:42afraid to admit it because I just want
- 50:44to get through with it. But I would not
- 50:46do the that type of aggressive risk
- 50:49management. Okay. And also I'm taking
- 50:51like not just the A++ setups on the
- 50:54EVALs, but I'm definitely doing more
- 50:57scalp trading on the Evals. So it's like
- 51:00not a yes and no answer, but I I know
- 51:01what Terry tried to do here, but I'm not
- 51:03going to walk into that. So
- 51:05>> because Tom knows there's some truth to
- 51:07it.
- 51:09>> Yeah, there is.
- 51:10>> Poll is out. Everyone make sure you cast
- 51:11your vote. Who won the debate today? Tom
- 51:14or Terry?
- 51:15>> Let's go, everybody. But anyway, I mean
- 51:17I do love that was fun.
- 51:20>> Good debate.
- 51:20>> This was a really good topic as well.
- 51:23And yeah, so
- 51:25>> and by the way, speaking of the charts
- 51:27again, we are kind of I don't even know
- 51:28what the heck is going on really. We
- 51:30swept the lows here at 990. It seems
- 51:33like we're going above that previous
- 51:35high again.
- 51:36>> It's well, you know, it's it's it's a
- 51:39hard read right now. Really, it is. Let
- 51:41me switch to the five minute and see
- 51:42what's going on to the left. As I said,
- 51:44there's nothing going on. So, um, five
- 51:47and it looks like it it it wants to make
- 51:50a new high again.
- 51:52Oh my god, as soon as I say that, it's
- 51:54just dropping. 20 points of a drop in 1
- 51:57second.
- 51:58>> My goodness. People are just getting uh
- 52:00whipped left and right. I think we are
- 52:03barcoding.
- 52:04>> We are barcoding a little bit here. I
- 52:07feel like I mean hopefully the next hour
- 52:10uh is going to be better uh with Pine
- 52:13Tree because this first uh 30 minutes
- 52:15here it's it's definitely I would say
- 52:18the market is in a huge indecision uh
- 52:20area here and the major move that we're
- 52:23usually waiting uh for today. It still
- 52:27have not it still did not happen yet.
- 52:29So, uh, hopefully the next hour after
- 52:3210, um, we'll see like a more trendy
- 52:36move, uh, or or, you know, because right
- 52:39now this barcoding is just killing my
- 52:41nerves. I mean, I have no positions on,
- 52:43but
- 52:44>> but wow, this is just hard to very
- 52:50tricky. And and let me switch to the 15
- 52:51minute here. Uh, let me see what's
- 52:54what's to the left. 15 minute. I'm I'm
- 52:56scrolling to the left. There is a fair
- 52:58value gap here from oh my gosh it's
- 53:01February 3rd fair value gap right now on
- 53:04the 15. I think we're kind of going we
- 53:07might even repric it higher. And you
- 53:09know what? There might be a potential
- 53:12uh a potential zone up here. Let me just
- 53:15see that. Okay, there's no zone up
- 53:17there. Never mind. But we're still
- 53:19pushing. Okay.
- 53:20>> Oh my gosh. Well, we're neck and neck.
- 53:22Tom, everyone vote Terry.
- 53:25>> All right, everybody. You know, I mean,
- 53:29today you know it. I know it. I was
- 53:32right. You know it well. Right. So, you
- 53:34know that I had valid points that Terry,
- 53:36she's she's super awesome. She's nice.
- 53:38She's so kind. Lots of energy. We love
- 53:40Terry, right? That's true. But the truth
- 53:43today was on my side.
- 53:46>> Oh, Terry. Okay, real quick. The promo
- 53:49ends in six minutes. I want to make sure
- 53:51people do get their last chance to
- 53:55receive the pogo deal. Pass one get one
- 53:57for free from my funded futures using
- 53:59code YouTube and 20% off any of the
- 54:02rapid accounts. So, yay.
- 54:05>> Yeah, go for it. The time is ticking.
- 54:07Uh, and yeah, clock is ticking and the
- 54:10time is ticking. Both of them are
- 54:11ticking. And yes, I'm down to 49%. Come
- 54:14on, everybody. Like, come on.
- 54:17We We got to have one victory here. So,
- 54:20>> Terry, Terry, let's go.
- 54:24>> I can't do that. I just don't I I don't
- 54:26But you know, you know, I promise you
- 54:27guys if I win today, if I win today, I'm
- 54:31going to come up with with some
- 54:32cheerleading song for tomorrow. No, for
- 54:35Friday. How about that? For Friday, I'm
- 54:37going to I'm going to come up with
- 54:38something.
- 54:38>> If I win today, I will come up with a
- 54:41special cheerleading um surprise and
- 54:45I'll put my hair in pigtails.
- 54:58Tom, Tom, can you tap it?
- 55:01>> I don't know what you're talking about.
- 55:02Let's uh let's see. Uh so the market is
- 55:05pushing that 58 right now. And uh
- 55:09>> they they want you to sing, Tom.
- 55:12>> I'm not gonna I'm not going to sing
- 55:14ever. No, you promised us at 70k.
- 55:18>> Oh, yeah, sure. I'm gonna I'm gonna
- 55:20sing. All right. Well, okay. Anyway,
- 55:22guys, we need that victory. So,
- 55:25>> let's go. Oh, uh, yes, at at No, you
- 55:28promised to sing at 80K, right?
- 55:30>> Yeah, 80K. 70K only dance. Only dance at
- 55:3370K, guys. So, let's get those
- 55:35subscribers up to 70K, everybody. I know
- 55:37we can do that. I know.
- 55:39>> Have you seen the double Dutch dance?
- 55:42>> Uh, no. No, I did not.
- 55:46Type in one chat if if you've seen the
- 55:48viral dance that's going around.
- 55:50>> Oh my gosh.
- 55:51>> Dutch.
- 55:52>> I feel like that's going to be
- 55:53dangerous.
- 55:54>> Yeah.
- 55:55>> I'm going to send it to you. I think it
- 55:57would be so awesome if you could learn
- 55:59this dance for 70k. It
- 56:01>> I I I need then I need to start
- 56:03rehearsing, I guess. Uh Oh my gosh.
- 56:07This is Okay. I'm already scared from
- 56:0960K. I feel like I'm I'm in danger.
- 56:13>> Yeah.
- 56:13>> Oh my goodness. Uh any last minute
- 56:15thoughts on the charts before we head
- 56:18out? We head out in four minutes.
- 56:20>> Yeah. So I was just looking quickly on
- 56:22gold here. Uh gold was slowly slowly
- 56:26going up there. We talked about this at
- 56:27the open that we should be going above
- 56:3048 45 and then above the Viva which
- 56:33happened. So we just happening or
- 56:36actually happened. So uh we'll see how
- 56:39uh it will going to continue. We are
- 56:41right here at the midnight area inside
- 56:43of this consolidation because we haven't
- 56:45really talked about gold, but that
- 56:46doesn't really matter because there's
- 56:47nothing on gold that we can go with. Um,
- 56:51you know what? It feels bullish still.
- 56:53Uh, there is some fair value gaps here
- 56:55or are some fair value gaps. There is a
- 56:56zone up there, but I don't know. There's
- 56:59another one up there at uh 4867.
- 57:03Yeah, it does seem like it wants to push
- 57:05it higher. And yeah, just another look
- 57:07on ENQ.
- 57:08Easy. There's nothing here. So, um, we
- 57:12made the 67 high here. The five minute
- 57:15looks terrible. I don't like the way
- 57:17this look. I mean, the whole day so far.
- 57:19So, the range, let's see, the range is
- 57:23122. We talked about this yesterday.
- 57:25It's definitely not a good day overall.
- 57:27If you're if the overall range is like
- 57:29below 200 uh points, including like
- 57:32Asia, London or like overnight and
- 57:34London, like it's just not the best
- 57:37trendy day. like Scalpers Paradise
- 57:39maybe, but uh
- 57:42this is not something I want to trade,
- 57:43guys. Uh feels like it's going to push,
- 57:45but I wish I could tell you a level. Uh
- 57:48round numbers are always there. So,
- 57:4926,100.
- 57:51Yeah, but that's all I have.
- 57:54>> Thank you, Tom.
- 57:55>> You're welcome.
- 57:57>> Who won the debate?
- 57:59>> Who won the Did Did somebody win? Uh oh
- 58:02my gosh.
- 58:02>> Who will be cheering on Friday?
- 58:04>> 49%. I'm not going to sing for you guys
- 58:07uh or cheering on Friday. Sorry. No, no
- 58:09cheering on Friday if I don't win. But
- 58:11actually, it makes it easier for me. Hey
- 58:12guys, we need this win. We This was a
- 58:14good one. Final few seconds to push that
- 58:17button.
- 58:19>> Vote Terry. T E R R I. Let's go Terry.
- 58:26>> See, that's why she's better. She can do
- 58:28that. I can't do that, you know. I don't
- 58:30have that voice for it. You can you can
- 58:32Tom
- 58:35>> maybe I will.
- 58:36>> I I was just commenting um in chat
- 58:39earlier of how you have such a great
- 58:41voice. People love you.
- 58:42>> Oh my gosh. Well, we will do some
- 58:44podcast show. Oh my gosh. It's official.
- 58:47It's official.
- 58:49>> Let's congratulate everybody to Terry's
- 58:53in the chat.
- 58:53>> Thank you guys.
- 58:55Thank you for your vote and I will be
- 58:57creating a special cheer for you for
- 59:00Friday and my hair will be in pigtails.
- 59:03Yes.
- 59:04>> Oh my gosh, we can't wait for it, Terry.
- 59:06We will make so many screenshots and
- 59:08everything. So, it's going to be
- 59:09amazing.
- 59:13>> Anyway,
- 59:14>> we have another debate on Friday.
- 59:16>> Oh yeah, we're have another debate. And
- 59:18before I give the final word to you,
- 59:19Terry, I just want to say everybody,
- 59:21thank you so much for spending the
- 59:22morning push here with us. Pineree is in
- 59:24backstage and uh you know stick around
- 59:27for the whole day. Forex is going to be
- 59:29here with us after Pineree. It was an
- 59:31amazing energy. We had so much fun and
- 59:33thank you again. It's all yours Terry.
- 59:36>> Thank you Tom. I am very excited for uh
- 59:40Pine Tree Trader and also a Forex Ike.
- 59:43Thank you everyone. Thank you for your
- 59:44votes participating uh voting for Tom
- 59:46and me. We will see you tomorrow
- 59:48morning. Bye guys.
- 59:50>> Bye.
- 1:00:04Good morning. What is up everyone? Can
- 1:00:07you guys hear me? Okay. Uh mic check. It
- 1:00:11should be fine. But yeah, pine trees in
- 1:00:14the chat. Let's go. Let's go.
- 1:00:17What's going on? What's going on?
- 1:00:22Little bit of an echo.
- 1:00:28Okay. Um,
- 1:00:37sounds okay. All right. Well, let's just
- 1:00:39do it. All right, guys. Another daily
- 1:00:41payout. Let's take it. Right. Let's take
- 1:00:44it and then get right back to the charts
- 1:00:46so we can end up uh trading this
- 1:00:49account. Right. So another daily payout.
- 1:00:51My money futures rapid. We love that. We
- 1:00:53love that. So let's uh just request here
- 1:00:58and we'll get that done.
- 1:01:02Same account. And that is done. Split
- 1:01:06seconds, right? Split seconds. That is
- 1:01:08all done. Now let's get to the charts.
- 1:01:11So taking the daily payout once again
- 1:01:14and then right back to the charts. So
- 1:01:16that you can see right here same account
- 1:01:20here 3 483 632 466 568 534 637
- 1:01:28and 1310 on the rapid account.
- 1:01:32So we love that. Love that. All right.
- 1:01:35Now let's get back to the chart here.
- 1:01:39Okay. Here we go. Um, guess what?
- 1:01:42Market's going higher. That's That's
- 1:01:44what we got going on. Let's say let's
- 1:01:46say what's up to some people in the
- 1:01:47chat.
- 1:01:50What's up, Nick? What's up, Michael?
- 1:01:53Smoke Trades in the house. Rocky
- 1:01:55Mountain. Son of Wall Street. I hope you
- 1:01:58guys got in on that Pogo,
- 1:02:01your Pogo deal.
- 1:02:04Um, let's see. Son of Wall Street, I
- 1:02:07said, "What's up to you?" So, what's
- 1:02:08going on? All right, Lei. Hey, I love
- 1:02:11love love seeing familiar faces. Good to
- 1:02:13see you guys. Elf in the house. What's
- 1:02:17up? What's up? All right, market's going
- 1:02:18higher here. I am gonna watch this
- 1:02:21twominut chart. See if we can get
- 1:02:23another daily payout. We did break to
- 1:02:25the upside on this outside bar.
- 1:02:30Uh let me switch to micros here.
- 1:02:34Uh so I really haven't been paying too
- 1:02:36much. Oh, we are just ripping making new
- 1:02:40session highs. Will we go to all-time
- 1:02:42highs? That is the question. Very tough
- 1:02:44to try to short this market where
- 1:02:46all-time highs is just looming and
- 1:02:48sitting right there. How's everyone else
- 1:02:50doing?
- 1:02:52How's everyone else doing?
- 1:02:55So, I had to um So, as you see, I'm in a
- 1:02:58different location. I had to um uh this
- 1:03:01is my other office.
- 1:03:03Yeah.
- 1:03:04>> Funny thing is I forgot my camera.
- 1:03:07So, I had to buy a cheap or I actually
- 1:03:11bought the most expensive camera that
- 1:03:12Walmart had, which was $70.
- 1:03:16And uh so I had to throw it on here. But
- 1:03:18it's good enough. It's not all about my
- 1:03:20my mug. It's about the charts here. We
- 1:03:23are breaking to the upside here. I would
- 1:03:26love to see a reversal. This is what I
- 1:03:27would like like to see. I would love to
- 1:03:29see I you know these outside bars
- 1:03:31obviously it paying um to the upside and
- 1:03:34it keeps grinding higher. I would love
- 1:03:35to see have an outside bar and then take
- 1:03:38the reversal down short. But yeah, for
- 1:03:41now right now we are going parabolic and
- 1:03:43we are going up.
- 1:03:47We are going up.
- 1:03:55So I've been doing a lot of spring
- 1:03:56cleaning. So, I was up all night kind of
- 1:03:59cleaning and
- 1:04:02doing all that stuff. So, I had to last
- 1:04:04minute get all this mic set up and uh
- 1:04:06camera set up. Messed with it last
- 1:04:08night, but it was about 1:00 in the
- 1:04:10morning.
- 1:04:12Hopefully, it's all good. 26,70.
- 1:04:15pulling back here
- 1:04:25and
- 1:04:28questioning whether or not to take a do
- 1:04:31are we just going to run to alltime
- 1:04:32highs? You know, is that what we're
- 1:04:34going to do? Take a look at the daily
- 1:04:36chart. Let's look at the continuous
- 1:04:39daily.
- 1:04:41I want to know where the all-time high
- 1:04:44is.
- 1:04:45What is it right up there at?
- 1:04:51Is it exactly
- 1:04:5726,000
- 1:05:00399? Is that what is that the all-time
- 1:05:03high? Is that what you guys got? I mean,
- 1:05:05look at this daily chart. This
- 1:05:07continuous daily. I mean, it is
- 1:05:09absolutely Whoa. Came down to this daily
- 1:05:12VWAP. Isn't that interesting? Look at
- 1:05:15the I love seeing stuff like this. Look
- 1:05:18at the continuous chart right on NQ. And
- 1:05:20I just happen to have the CEVWAP on
- 1:05:23here. Looking at the continuous, it came
- 1:05:25right down, touched it, and then it has
- 1:05:28bounced. So yeah, if you would have
- 1:05:30waited a few months,
- 1:05:33it came right down here, touched, and
- 1:05:36then it has ripped higher. So that's
- 1:05:37where we're headed right now. So 26,399.
- 1:05:42Now you think, well that's, you know,
- 1:05:46300 points away.
- 1:05:50Are we going to get there? Yeah, it is
- 1:05:52very possible that we get there.
- 1:05:55So
- 1:05:57yeah, isn't that crazy?
- 1:06:04What is it? Alltime high on continuous
- 1:06:06contract on T on
- 1:06:09on uh Trading View. I I have no idea.
- 1:06:12Maybe someone in the chat has that
- 1:06:13answer. 26,399
- 1:06:15is that all-time high is where I get it.
- 1:06:19So,
- 1:06:22right now it feels like we just
- 1:06:23grinding. Um, now we did put an inside
- 1:06:26bar here.
- 1:06:29So, an inside bar.
- 1:06:33This is the very first one. I generally
- 1:06:35look for 20 points. So, I generally look
- 1:06:38for 20 points. But you can see like the
- 1:06:40placing the stop down below there very
- 1:06:43very very tough trade uh where the
- 1:06:45candle's so big that to place a proper
- 1:06:48risk you would have got it but you would
- 1:06:51have took some heat and
- 1:06:54um trying for one mini or something like
- 1:06:56that getting to 20 points you might have
- 1:07:00you could cook an account right so so
- 1:07:03that was a little tough inside bar today
- 1:07:05I've been really enjoying trading the uh
- 1:07:08outside bars on the twominut. So that's
- 1:07:12that's where it's been for me. I love
- 1:07:14this outside twominut
- 1:07:20little inside bar here.
- 1:07:23Getting a little bit of a pullback here.
- 1:07:26Take a look at the two-minute ES.
- 1:07:34Okay. Yeah, it's just kind of
- 1:07:36consolidating here.
- 1:07:40I would love to see a little bit of a
- 1:07:41pullback. Maybe try to hop in a long
- 1:07:46even try it off this 50 level. We get it
- 1:07:48down. And I'm going to trade for fairly
- 1:07:51small two micros to start and then I'll
- 1:07:54add into the winner if it continues.
- 1:07:59So far, no catalyst right now to bring
- 1:08:02the market down. We don't really have
- 1:08:04any news either
- 1:08:06except that, you know, no scheduled news
- 1:08:09except that we could have news at any
- 1:08:10moment, right? You know, with the
- 1:08:14with the um Trump tweets and all that
- 1:08:19good stuff. I mean, just you just never
- 1:08:20know.
- 1:08:22Make sure you got got your stop losses
- 1:08:24in place. Not financial advice, but you
- 1:08:26don't want to cook an account just
- 1:08:28because of a tweet, right?
- 1:08:31All right. Getting a little bit of a
- 1:08:32pullback here.
- 1:08:34Let's take a look at the five here.
- 1:08:49I feel like I want to try a long
- 1:08:52and see if this outside bar holds. You
- 1:08:54know, stop just below
- 1:08:59like risk like 10 points.
- 1:09:04I'm going to try it.
- 1:09:11Look for a little scalp.
- 1:09:18Just trying to build up some buffer. Um,
- 1:09:21as far as
- 1:09:25There we go. Bang. Nice little move
- 1:09:28there. Nice little scout. cheap trade,
- 1:09:31right? Like just knowing that this
- 1:09:32outside bar could hold. So, just getting
- 1:09:36in on that cheap trade. Stop just went
- 1:09:39below and took a little scalp there for
- 1:09:43uh 12 points,
- 1:09:45two micros. So, building this back up to
- 1:09:49try to get another daily payout. I I've
- 1:09:52been on a hot streak, not gonna lie. I'm
- 1:09:54been on a hot streak daily payout wise.
- 1:09:56So, I don't really want to
- 1:09:59I know I know a losing day is coming
- 1:10:01now. Do I want to cook the account? No,
- 1:10:03I don't really want to cook the account.
- 1:10:05Um, even though the account doesn't owe
- 1:10:07me anything, I I would like to continue
- 1:10:10and and but $1,100 is not a lot of
- 1:10:13money. And knowing that I've been
- 1:10:14getting $500 a day,
- 1:10:18you're putting up a lot of risk to do
- 1:10:20that. You know, that's that's the thing.
- 1:10:22you're
- 1:10:24it's you're you're risking 50% of the
- 1:10:27the account, right?
- 1:10:30Just to make 500 bucks. So,
- 1:10:37yeah. How'd you guys like that? Nice
- 1:10:39little uh trade there. Little scalp
- 1:10:42action. So, cheap trade, right? That's
- 1:10:43that's all I was looking for. No inside
- 1:10:45bar. Well, it was an outside based off
- 1:10:47the outside bar, but cheap trade. Let's
- 1:10:50take a look at gold here.
- 1:10:55I feel weird sitting and trading right
- 1:10:57now and and and streaming. I my other
- 1:11:01desk is a standing desk and this is not.
- 1:11:03This is not a standing desk. So, I'm
- 1:11:05actually sitting down even though it
- 1:11:07looks like I'm I'm sitting when I'm
- 1:11:09standing because I'm only 5'6.
- 1:11:13But no, I'm actually sitting and it
- 1:11:14feels feels weird. I feel a little bit
- 1:11:16out of uh this is this is my old battle
- 1:11:19station. This is This is the OG Battle
- 1:11:21Station. This is what I started trading
- 1:11:23on
- 1:11:26um back in uh
- 1:11:29Jeez, 2021. Holy cow. I can't believe
- 1:11:33this PC is still running.
- 1:11:35This is an old HP gaming PC.
- 1:11:40And uh yeah, so I've been actually
- 1:11:42trading on this for 2021. This is this
- 1:11:45is this is where I've had a lot of uh
- 1:11:48I've shed I've shed a lot of I've had a
- 1:11:50lot of joy and I've shed a lot of tears
- 1:11:52at this at this PC when it comes to
- 1:11:55trading.
- 1:11:57Yes, I am a grown man and I do cry
- 1:11:59sometimes.
- 1:12:03All right, rejecting off that 80. Let's
- 1:12:06go.
- 1:12:15short in the house. How you guys doing?
- 1:12:16Pine, do you think we'll keep trending
- 1:12:17up all day? Raphael, well, that's what I
- 1:12:19was basing it off from. Like that trade
- 1:12:21is like thinking that like well, we are
- 1:12:23kind of just trending up. Um, do I think
- 1:12:25we're going to trend all day? It it's
- 1:12:27it's very tough because, you know, the
- 1:12:29old saying is never short all-time highs
- 1:12:31and we are pushing all-time highs, which
- 1:12:34is crazy to think in this type of
- 1:12:37market. But, you know, we just kind of
- 1:12:39we can't we got to throw the
- 1:12:41fundamentals to the side and just trade
- 1:12:43what we see. So, it it's starting to
- 1:12:46feel that way right now. Yesterday, I
- 1:12:48didn't watch the market at all. I was
- 1:12:49very very busy and traveling around. So,
- 1:12:52I didn't I didn't after the I got off
- 1:12:55stream yesterday morning. I didn't even
- 1:12:56watch the market. in last night. I
- 1:12:58didn't watch the market either because
- 1:13:02um my wireless router actually crapped
- 1:13:06out last night. So,
- 1:13:09it was a it was a long night. So, if I
- 1:13:12see seem a little unenergetic, I
- 1:13:14apologize. It was a long night.
- 1:13:18I had uh I had mice. I had uh I had um
- 1:13:22my router was junk. No good.
- 1:13:27So, I was up doing laundry all night,
- 1:13:29cleaning.
- 1:13:31Yeah, it was it was fun. Forgot my
- 1:13:34camera. But yeah, it definitely feels
- 1:13:36like we're we could just trend
- 1:13:40go, you know, the what I would um here's
- 1:13:43kind of what I'm going to look at is on
- 1:13:46a higher time frame is looking for that
- 1:13:48reversal. So if we put in like an
- 1:13:50exhaustion candle where we actually just
- 1:13:52rip on like a fivem minute and then we
- 1:13:54put in a a harami candle or a big
- 1:13:58outside bar and then take the short to
- 1:14:01the downside. That's what I'm going to
- 1:14:02look for. Besides that, um I'm just
- 1:14:05going to follow the trend, right? And
- 1:14:08just look for little scalps on the way.
- 1:14:10And I don't have to get just because
- 1:14:11it's a daily payout account. I don't
- 1:14:13have to get a daily payout account. you
- 1:14:15know, it it's it's up over that 1,100
- 1:14:19bucks
- 1:14:21and um
- 1:14:24you know, in hindsight, you know, 12
- 1:14:26points. If I would have if I would have,
- 1:14:27you know, got in with three minis,
- 1:14:30you know, I would have got a daily
- 1:14:31payout. But that's not what it's about,
- 1:14:33right? It's about it's it's about trying
- 1:14:36to manage risk. Uh Terry was talking
- 1:14:38about it earlier in the debate, you
- 1:14:40know, it's about managing the risk,
- 1:14:41keeping the accounts around longer,
- 1:14:43right?
- 1:14:45Now, I am known to trade pretty
- 1:14:47aggressively. All right, we're getting
- 1:14:49that. We keep squeezing. Just keep
- 1:14:50squeezing.
- 1:14:56Nice to see daily payouts from it,
- 1:14:58though. Absolutely. I'm glad you guys
- 1:14:59are enjoying that. I wanted to really
- 1:15:01showcase. Now, if you if you give me a
- 1:15:04follow and you follow my career and
- 1:15:07since I've been streaming, I started
- 1:15:09streaming and becoming a influencer,
- 1:15:11right? You guys know I love my daily
- 1:15:14payouts and and then knowing that my
- 1:15:16funny futures has these rapids to get
- 1:15:19these daily payouts and then I can just
- 1:15:20breathe and relax and when I push the
- 1:15:23button to get the payout that it's
- 1:15:24instantly in my checking account
- 1:15:28um is the reason why I've been taking
- 1:15:31them while you know on stream knowing
- 1:15:33that I can just take them on stream and
- 1:15:35then continue the trade. So to showcase
- 1:15:37like this is what you can do with a
- 1:15:39rapid account. You can essentially now
- 1:15:42I'm not saying this is easy. This is not
- 1:15:44easy. This is this is 5 years worth of
- 1:15:47work and you know tens of thousands of
- 1:15:50hours worth of screen time to be able to
- 1:15:53do this
- 1:15:55is to get take those daily payouts and
- 1:15:57replace an income. So, you know, I can
- 1:16:00take those I can take the daily payout,
- 1:16:03make $400 or $500 or in the last few
- 1:16:07weeks
- 1:16:09just with daily payouts alone with my
- 1:16:11funded futures, it's it's well over what
- 1:16:13three thou $4,000.
- 1:16:15You know, that's a monthly income.
- 1:16:19That's way that's actually more than a
- 1:16:21monthly income at my old job. So my so
- 1:16:25it is I just wanted to showcase that and
- 1:16:28um just knowing that you guys can do it.
- 1:16:30So if you if you're struggling
- 1:16:33it it's taken years to do this but but
- 1:16:36it is possible. It is possible to do it.
- 1:16:40I know I know a lot of times it's like
- 1:16:43selling the pipe dream type stuff but
- 1:16:48it's it's really not. You can make real
- 1:16:50money. You can dig SIM money and you can
- 1:16:53make real money. Now, here's the thing.
- 1:16:55If I keep getting daily payouts on this
- 1:16:57account, they might want to move me in
- 1:17:00the live account, which is perfectly
- 1:17:01fine. I I'm I'm because you can take
- 1:17:03daily payouts out of the live account as
- 1:17:05well, I believe. So, so I'm I'm
- 1:17:08perfectly okay with it if I end up going
- 1:17:10in live.
- 1:17:13But for now, if I if I if I make over
- 1:17:16the buffer enough for a daily payout,
- 1:17:19I'm taking it
- 1:17:21in that bank account. All right, taking
- 1:17:23one trade here. Watching this 2 minute,
- 1:17:26waiting for a reversal. We are pushing
- 1:17:28up higher. 26,107.
- 1:17:30I'm not trying to get fancy. I'm not
- 1:17:32trying to catch the top.
- 1:17:35as as a newer trader,
- 1:17:39I have been I was known to try to catch
- 1:17:42the top and look for the and look for
- 1:17:45that
- 1:17:47uh and going against the trend, you
- 1:17:49know, taking a little scalp here and
- 1:17:52there if you're looking for a level
- 1:17:54maybe, you know, like at the 100 level,
- 1:17:56maybe you took a little 10point scalp. I
- 1:17:58love doing that stuff. You know, you
- 1:18:00could have got in, you would have
- 1:18:01tookund $7 worth seven points worth of
- 1:18:04heat, but you could have got 10 points
- 1:18:07out of it, you know, out of the out of
- 1:18:09aund 100 26,100 psych level. So these
- 1:18:13big levels 26,000
- 1:18:1526,100
- 1:18:1726,80s 26,20s
- 1:18:20th those are what they what I call psych
- 1:18:23levels. There's more of a
- 1:18:25they're also sight levels and also
- 1:18:27psychological levels, right? because
- 1:18:29you'll see him be uh you'll see the
- 1:18:31reactions off those levels all the time,
- 1:18:33especially with NQ. So, taking those
- 1:18:36little 10 point scalps sometimes you'll
- 1:18:38you'll catch me doing that. But, and I I
- 1:18:42love like really be honest with you
- 1:18:45guys, 10 20 points a day on my accounts
- 1:18:48is all I'm really looking for. That's
- 1:18:51it. Occasionally I'll catch a nice
- 1:18:54trend, you know, and let it ride. But
- 1:18:57when I get off stream and and I take a
- 1:19:02scalp, I I don't want to hold. Now, this
- 1:19:05is just me personally. My personality is
- 1:19:08I don't want to hold in a trade all day.
- 1:19:11That is not
- 1:19:12that is not in my uh
- 1:19:16you know,
- 1:19:18personality. I I don't want to have to
- 1:19:19check my phone. like later today. I have
- 1:19:22a bunch of errands I have to do as soon
- 1:19:23as I hop off stream. I have tons of
- 1:19:25errands I have to do this week. And I
- 1:19:27also want to go to lunch with my father.
- 1:19:29I want to you like that's that's the
- 1:19:31plan this afternoon. I'm going to go go
- 1:19:33to my dad's shop and we're going to go
- 1:19:36to lunch. You know, we go get lunch for
- 1:19:38an hour. I don't want to be thinking
- 1:19:40about my trades. Now, if you're someone
- 1:19:43that can just you think, well, we're
- 1:19:45going to you maybe you caught the the
- 1:19:47long at the open and you're thinking
- 1:19:49we're going to run to all-time highs and
- 1:19:50you're someone that can hold a trade all
- 1:19:53day. Teach his own. There's just many
- 1:19:55different ways to make money in this
- 1:19:57market. And for me,
- 1:20:00um, just taking the the 10, 15, 20
- 1:20:02points, sometimes even five points
- 1:20:05depending on the size and running, you
- 1:20:09know, take my take my money, take my
- 1:20:11base hits and and leaving. That's that's
- 1:20:13what I like. That's how I've been
- 1:20:15trading the best this year. So, that's
- 1:20:17how I've been trading the best. And by
- 1:20:19actually trading on the two-minute
- 1:20:21charts actually helped me in that way. U
- 1:20:24trading on the two-minute looking for
- 1:20:25these outside bars. love the outside
- 1:20:28two-minute bars. Now, I have someone in
- 1:20:31my community, my one of my little pine
- 1:20:33cones that actually set up a some sort
- 1:20:35of um
- 1:20:37uh maybe some sort of algorithmic or bot
- 1:20:40or something like that that looks for
- 1:20:42these outside bars and then takes I
- 1:20:45don't know his parameters or anything of
- 1:20:46what he's looking for, but he made ended
- 1:20:49up making $600 trading micros yesterday
- 1:20:52just letting the the the the bot run
- 1:20:56trading outside bars. So, pretty
- 1:20:58awesome. I don't know how he's doing it
- 1:20:59or what the parameters are, but I would
- 1:21:01love now if I could do something like
- 1:21:03that and just let it run all day and
- 1:21:05then go about my life and go on hikes
- 1:21:07and go work out and go to lunch and and
- 1:21:10do all my chores that I need to do, that
- 1:21:12that'll be that'd be awesome. But, um,
- 1:21:16but for now, I I trade it manually. I
- 1:21:18look for those those scalps, stuff like
- 1:21:19that, 12 points, and then I'm done on
- 1:21:21the day. Now, I will take more trades if
- 1:21:24I see something, but right now, I'm not
- 1:21:25seeing anything. There's nothing for me
- 1:21:27to trade.
- 1:21:29I think I think overall we're bullish,
- 1:21:32right? But really, there's nothing. Now,
- 1:21:35I have um let's go to the chat, say
- 1:21:39what's up, and if you guys got anything,
- 1:21:41please
- 1:21:43ask me any question. I am an open book.
- 1:21:47As long as it's uh especially for this
- 1:21:49show, as long as it's uh you know,
- 1:21:51familyfriendly, right?
- 1:21:54you come on my you come on my stream you
- 1:21:56can say whatever you want but but on
- 1:21:59this show let's keep it family friendly
- 1:22:01ask me any questions I'm an open book
- 1:22:03I'm on I try to be as honest as possible
- 1:22:06I tell I show you the bad I show you the
- 1:22:08good
- 1:22:09so
- 1:22:13can I give you some luck pine yeah you
- 1:22:15got to rub the uh you got to have one of
- 1:22:18these you got to have the little
- 1:22:19meditating gnome on your desk this is
- 1:22:22the this is the secret and it's actually
- 1:22:25broke. I didn't throw it across the
- 1:22:26room, but the meditating gnome,
- 1:22:30which kind of looks like me if I grow my
- 1:22:33beard out. That That's the best luck you
- 1:22:35can have.
- 1:22:41Second offices for what? So, I have two
- 1:22:43places I stay. So, I have two two uh
- 1:22:46home I have a home away from home. Yep.
- 1:22:51What happened to the pine wall? It's
- 1:22:53It's in the other office.
- 1:23:03Yeah. It's just one It's just one of one
- 1:23:05of my houses, guys. It's just one of my
- 1:23:08houses.
- 1:23:12But yeah, know the pine wall is uh
- 1:23:16no longer. I actually have something.
- 1:23:17Then I'm going to put it in a corner
- 1:23:18maybe. But I have a I actually have
- 1:23:21another boat office. No, not quite. No,
- 1:23:25not quite. I um yeah, not to get into it
- 1:23:29or anything, but yeah, I have this I
- 1:23:31have a house uh here that uh I haven't
- 1:23:34been staying in much because if you guys
- 1:23:36been following me a long time, you know
- 1:23:38that,
- 1:23:39you know, there's a reason for it. But
- 1:23:41yeah, I don't want to get into it.
- 1:23:42Anyways,
- 1:23:46that I won't be honest about right now.
- 1:23:48Oh, we're getting a rip here. Let's go.
- 1:23:51Making new session highs here.
- 1:24:01I'm very excited for this afternoon or
- 1:24:04after my stream for Forex Ike to come
- 1:24:06into the uh to join the team. So, that
- 1:24:10is
- 1:24:13Very exciting. I hope you guys stick
- 1:24:14around and I think that this is going to
- 1:24:16be a very popular segment.
- 1:24:18So, very good trader scalper
- 1:24:22just like me. Sees sees things
- 1:24:24differently, trades differently though.
- 1:24:27We actually uh I remember when I first
- 1:24:32first became aware of him because we did
- 1:24:34a trading competition once against each
- 1:24:37other uh on X and then we started
- 1:24:39following each other on X. So,
- 1:24:42so um I'm I'm very happy to see him
- 1:24:47trade and uh join the My Funded Futures
- 1:24:50team. So, for real, like I mean I think
- 1:24:52this uh the team is growing. The My
- 1:24:54Funded Futures TV uh the viewership I
- 1:24:57noticed has been getting bigger and
- 1:24:58bigger. Uh we have a lot of loyal fans,
- 1:25:01which is awesome. Appreciate every one
- 1:25:03of you guys that stop in every single
- 1:25:05night. And um I hope that this channel
- 1:25:09grows and keeps growing because to me
- 1:25:11this is what here's the thing what I
- 1:25:14like about and I'm not talking about
- 1:25:16anyone other stream in particular but
- 1:25:18what I would like about this stream is
- 1:25:21the transparency of the traders that
- 1:25:24come on and we show you our accounts and
- 1:25:28we're trading real right in front of
- 1:25:30you. We're not trying to hide anything
- 1:25:33and we're not trying to like
- 1:25:38show un uh unrealistic expectations by
- 1:25:42showing uh you know
- 1:25:46you know you're not going to see me go
- 1:25:47in with a 100 contracts, right? Because
- 1:25:49this is a real funded account that I'm
- 1:25:51that I personally am taking money out
- 1:25:53and putting in my in my checking account
- 1:25:55to pay my bills. You know what I'm
- 1:25:56saying? That's why I think My Funded
- 1:25:59Futures TV is the great is the greatest
- 1:26:02and and I know I'm being paid by them.
- 1:26:06So, of course, I'm going to say that,
- 1:26:09but I'll be real with you guys. This is
- 1:26:11this is the channel that I watched
- 1:26:13before
- 1:26:15in the mornings. This is the channel I
- 1:26:17watched before I actually got hired on.
- 1:26:19So, cuz I'm a huge fan of Terry. I'm a
- 1:26:22huge fan of Tom U Methodical Man, you
- 1:26:26know, uh, now we have Forex Ike
- 1:26:30and all the other people that that trade
- 1:26:33Ash, you know, all the other people that
- 1:26:35trade in between. And I know I know I'm
- 1:26:37leaving out people, but Matt, you know,
- 1:26:40everyone like I I'm a huge fan of the of
- 1:26:43the show first. And that's that's why I
- 1:26:45ended up started streaming myself is
- 1:26:47that I was a huge fan of the streamers
- 1:26:50in the shows. And I loved going in the
- 1:26:53chats. You guys have seen me in chats
- 1:26:56well before I was even streaming. I used
- 1:26:58to be Trader Jay.
- 1:27:00My name real name is Jason, right? And
- 1:27:03uh I used to be Trader Jay and I used to
- 1:27:05be in all kinds of different chats
- 1:27:07chatting it up with people answering
- 1:27:09questions and I just loved the trading.
- 1:27:11I love trading communities and trading
- 1:27:14is a lonely sport, right? There's no one
- 1:27:16in my house. It's just me and having you
- 1:27:20guys here as a community and being able
- 1:27:23to trade in front of you guys is an
- 1:27:24honor and um I love I love uh trading
- 1:27:29with you guys. We we help each other,
- 1:27:32you know. We help each other. So, it's
- 1:27:35great.
- 1:27:36Occasionally, we get the trolls.
- 1:27:39we get to trolls. But
- 1:27:42but yeah, we're excited to see Ike soon.
- 1:27:44So I I know I'm doing a lot of rambling,
- 1:27:46guys. I'm looking for questions. What do
- 1:27:48you think about negative RNR? I love it.
- 1:27:50Ponta trades. Uh Pa dead. I mean I
- 1:27:54negative R&R that Ike's going to show
- 1:27:56next. I am a fan of it. I have a lot of
- 1:28:00backtested data. Look, I got folders and
- 1:28:04folders and folders of handwritten data
- 1:28:06because I don't use uh I don't know how
- 1:28:09to use Excel, but um
- 1:28:13so many of my systematic trades are
- 1:28:15negative R&R trades and
- 1:28:18I will I naturally kind of trade
- 1:28:21negative R&R. Now, I usually come out
- 1:28:23right around one one and I'm I'm I'm
- 1:28:26around 60 60 to 70% win rate when I'm
- 1:28:31just trading my outside bars, inside
- 1:28:33bars, and that's where I naturally fall.
- 1:28:36But, uh, so many of my back tested
- 1:28:38stuff, um, looking at 90%, you know, 85
- 1:28:43to 90% win rates and negative R&R and
- 1:28:46scalping and getting your money and
- 1:28:48especially on a daily payout account.
- 1:28:49Like I can't wait for Ike to get one of
- 1:28:51these rapid accounts and start taking
- 1:28:53daily payouts like me. I know he can do
- 1:28:55it and then you'll see like he'll just
- 1:28:57like take his three 400 bucks and for
- 1:29:00the day for a daily payout and and and
- 1:29:02he's perfectly happy with it. You know,
- 1:29:04he's not going to try to take those home
- 1:29:05runs and and so with that being said,
- 1:29:08our our strategies are very our trading
- 1:29:10styles, I should say, are very similar.
- 1:29:13So very excited for this next segment
- 1:29:15coming up in about 30 seconds. But yeah,
- 1:29:17I hope you guys are excited too. Please
- 1:29:19smash that like button. We've taken one
- 1:29:21trade for 12 points and I've been
- 1:29:22looking for, you can see right here on
- 1:29:24the chart, I've been looking for an
- 1:29:25outside bar or something to trade and so
- 1:29:28far we're going up and to the right. So,
- 1:29:31thank you guys for being here. Um, join
- 1:29:33me tonight at the GlobeEx Open on my own
- 1:29:35stream. And with that being said, thank
- 1:29:39you and let's welcome Forex Ike to the
- 1:29:42team. All right, guys. Peace.
- 1:29:58LET'S GO EVERYBODY. THANK YOU, PINE.
- 1:30:01Thank you. Thank you. You know, we're
- 1:30:02all in the same building, everybody over
- 1:30:04here. You know, Pine's over there. Terry
- 1:30:05and Tom, good to see you guys. Thanks
- 1:30:07for the coffee. We're all here. We're
- 1:30:09all chilling. We're making this money.
- 1:30:11Let's go. Now, listen, guys. I want to
- 1:30:13get into everything about me. But first,
- 1:30:15we got time times on our hands, right?
- 1:30:17We got an hour or an hour to stream
- 1:30:19together. So, let's get right into the
- 1:30:20charts and then we'll have a little
- 1:30:21pillow talk after. Talk about my style,
- 1:30:24what I do, what I'm looking for. So, I'm
- 1:30:26going to just break down what I do on
- 1:30:28this chart, okay? And then we'll go
- 1:30:30through some questions. So, so what I
- 1:30:31want you to do right now is take
- 1:30:34everything you know about trading,
- 1:30:35right? Take everything you know about it
- 1:30:37and forget it. Everything. Okay. Good.
- 1:30:41Now, I'm going to teach you something I
- 1:30:42made up. It's called trading.
- 1:30:46See what I did there? It's a joke.
- 1:30:47Anyway, of course, don't forget
- 1:30:48everything, you know. Let me just show
- 1:30:50you what I'm doing. Let me break down
- 1:30:52this chart, talk through it, and we're
- 1:30:54going to go from there. Now, before I
- 1:30:56also go into everything here, I want you
- 1:30:57to know I believe every strategy is
- 1:31:00profitable. Okay? You can make money in
- 1:31:02any strategy. It's the trader. That's
- 1:31:04what we're working on here. So, I'm
- 1:31:05going to show you what works for me.
- 1:31:07Okay? So, here we go. Let me break this
- 1:31:08down. I got my coffee ready. I can't
- 1:31:11trade, you know, ICT
- 1:31:14and let's make le let's let's let's just
- 1:31:16get into this. All right, let's just get
- 1:31:18into this. So, first thing I do, 30
- 1:31:20minute chart. That's right. It's the
- 1:31:22highest time frame I go because I'm a
- 1:31:23scalper, bro. I'm going in for seven
- 1:31:25points, 10 points, four points. I don't
- 1:31:28need to know what happened in the
- 1:31:31morning. I don't need to know what
- 1:31:32happened 3 hours ago. I just want to
- 1:31:34look at the last few candles because
- 1:31:35that's really what I'm going, you know?
- 1:31:36I'm looking for a wick to wick. Let's
- 1:31:38get into it, bro. I'm getting ahead of
- 1:31:40myself. I'M JUST JUST DON'T JIVE UP. I'M
- 1:31:41JIVED. I'M PUMPED. OKAY, LET'S relax
- 1:31:44everyone. Here we go. 30-inut chart. And
- 1:31:46this is all I do. This is so simple.
- 1:31:48You're going to you're going to be like,
- 1:31:49"Is this a joke? Is this a joke? Here we
- 1:31:52go. 30-inut chart. I'm just looking for
- 1:31:54kind of candle closures or wick
- 1:31:56rejections. Lots of touches. Really, you
- 1:31:58know what I'm talking about? I'm looking
- 1:31:59for the touches." So, here, you know, we
- 1:32:00got a nice little top here. You see
- 1:32:02we're touching here. Now, what I don't
- 1:32:04like about what's going on right now is
- 1:32:06when we're breaking these new highs and
- 1:32:07I've got nothing to the left, it's a
- 1:32:09little hard to read, right? So, at this
- 1:32:11point, of course, we're just going to go
- 1:32:13to wherever we have to go to just keep
- 1:32:15marking the chart up. Okay, so here we
- 1:32:17go. Where are we here? This is from
- 1:32:19February now. This is where we are.
- 1:32:20We're in February and we're just going
- 1:32:23to mark this up. Look at this. I'm just
- 1:32:25looking for closures. Like, I know. I
- 1:32:26know. I know. No unicorns needed. I'm
- 1:32:29not looking for breakers. I'm not
- 1:32:31looking for Asian high. I'm not looking
- 1:32:33for market low. I'm not looking for I be
- 1:32:36this, I be that. Because can we all be
- 1:32:38real? Okay, I'm a simple man. You're a
- 1:32:42simple person, too. If you're watching
- 1:32:44this, let's not get too smart, okay?
- 1:32:46Let's not think we're a bunch of smarty
- 1:32:48pances here, okay? Because if we were
- 1:32:49all smarty pances, we probably wouldn't
- 1:32:51be trying to make some money right now
- 1:32:53trading. We'd probably be some doctor or
- 1:32:55some other [ __ ] doing that, some other
- 1:32:56thing doing that. and uh you know that's
- 1:32:59what we'd be doing. So let's let's know
- 1:33:02who we are, okay? We're we're people
- 1:33:04here trying to make a little bit of
- 1:33:06money in the market, okay? I'm just a
- 1:33:07little guy from Brooklyn trying to make
- 1:33:08a living in the in the market. That's
- 1:33:10all I'm I'm doing. Okay, so here we go.
- 1:33:12We're marking this up and that's pretty
- 1:33:14much marked up. Now look, look at my
- 1:33:16chart, right? This now I dropped down at
- 1:33:18a five. Now this is a simple like look
- 1:33:20how clean simple, right? I know. I know.
- 1:33:21I've seen other charts. Everything looks
- 1:33:24super cool, right? You got these things
- 1:33:26here, these pokey things, lights
- 1:33:28blinking. It looks awesome. And that's
- 1:33:30why people do it because you want to
- 1:33:31feel You want to feel cool. You want to
- 1:33:33feel like you're doing some cool stuff,
- 1:33:34right? Chill, bro. You're playing
- 1:33:36yourself. You're playing yourself. Did
- 1:33:38everyone hear that?
- 1:33:39>> Uh, you guys are playing yourself.
- 1:33:41>> That's right. You're playing yourself.
- 1:33:44Let's keep it simple. Let's make a
- 1:33:46little bit of money and then we we we
- 1:33:48come back and do it again the next day.
- 1:33:49That's it. Okay. Don't follow me if
- 1:33:51you're looking to make 20 grand today.
- 1:33:52That's not what I do. I make a few
- 1:33:54hundred, copy traded, and I move on.
- 1:33:57That's it. So, here we are. This is what
- 1:33:58I'm looking for. Now, we got a
- 1:34:00fiveminute chart, and I'm usually
- 1:34:02looking for just closures. I want a
- 1:34:04closure above to go up further. I want a
- 1:34:07closure below to maybe respect uh
- 1:34:09resistance and come down. This is just
- 1:34:11support and resistance, okay? The
- 1:34:13simplest strategy. It's been around
- 1:34:14since the market's been around. And and
- 1:34:16that's what works. Okay? I know I know
- 1:34:18there's a million other ones you can you
- 1:34:20you can think of, but bro, please just
- 1:34:23don't play yourself. That's all I'm
- 1:34:25saying. So, right now, I'm going to wait
- 1:34:26for a closure, okay? All my my trades
- 1:34:29pretty much are based off closures. Now,
- 1:34:31I have other strategies I do, too. I do
- 1:34:32a scalping strategy. We'll get into
- 1:34:34everything as the time goes, but let you
- 1:34:37know my main bread and butter, the main
- 1:34:39thing that I make my money with is right
- 1:34:41here. Support and resistance. Price go
- 1:34:44up, I buy. I buy high, I sell higher. I
- 1:34:47short low and I cover lower. Okay, I'm
- 1:34:49not you're not going to catch me in
- 1:34:51sniper entries first place. I'm not in
- 1:34:53the first place unless it's trading
- 1:34:55competition and I'm going for first. But
- 1:34:57in the market, bro, you you know, if you
- 1:34:59follow me online uh on X, you'll see
- 1:35:02what I post. I make three 400 a day and
- 1:35:05I copy trade. That's it. It's simple,
- 1:35:07simple stuff. Another thing on my uh
- 1:35:09bio, Ike.io, you go to my site, I also
- 1:35:13share my trading view chart for free. Of
- 1:35:15course, everything's free. I don't sell
- 1:35:16anything. Uh I sh I share my trading
- 1:35:18view chart. So anytime you want, you can
- 1:35:20always just click on my shared chart.
- 1:35:23You see it marked up and you can use it
- 1:35:25however you want to however you want to
- 1:35:27um use it, you know, like of course not
- 1:35:29financial advice, but that's what I do.
- 1:35:32So right now I'm waiting. I use the EMA
- 1:35:34here, the EMA 7 and 20. Seven I usually
- 1:35:38use more of like an entry point, let's
- 1:35:39say, and 20 is more of a stop-loss
- 1:35:42point. Now, you know, they're not hard
- 1:35:43set in stone, but this is what I do.
- 1:35:46Also, like, follow, subscribe, and
- 1:35:49there's that Pogo special going on right
- 1:35:51now, right? Pass one, get one. So,
- 1:35:54yesterday when when I saw that special,
- 1:35:56I picked some up. Code YouTube, of
- 1:35:57course. I picked up four. Here's my Let
- 1:36:00me share my other share this tab
- 1:36:02instead. I'm still learning how to do
- 1:36:04this. So, here's my my funded futures.
- 1:36:06Um, I picked up these four pogos
- 1:36:08yesterday. And this is a funded account.
- 1:36:10I've got two fundeds with my funded
- 1:36:12future. I've got this one right here,
- 1:36:13which I only did one trade on. Um, and
- 1:36:16then I've got another one that's with
- 1:36:17Quant Tower, which I'm not a big fan of.
- 1:36:20So, what what I think we'll try to do
- 1:36:22today, you know, it's my first stream.
- 1:36:23Let's get, you know, we'll we'll get a
- 1:36:25little jiggy is maybe what I'm thinking
- 1:36:27is we try to get like uh I believe on
- 1:36:30these 25Ks we can get 70 750 bucks in a
- 1:36:34day because of the 50% consistency. So I
- 1:36:37think maybe we'll try to do that today
- 1:36:39is do some of these 750s and see what we
- 1:36:42can do. So let me go back to
- 1:36:45our main chart. So right now I'm looking
- 1:36:47for a closure. Right? So if this let's
- 1:36:49say this candle closed above here, I'm
- 1:36:51going to wait for another candle to kind
- 1:36:53of pull down a bit and then I'd put a
- 1:36:55buy stop on the break of that candle
- 1:36:57high. Okay? I use buy stops. Okay? I'm
- 1:37:00I'm uh sometimes buy limits or selling.
- 1:37:02I I use stops and limits. I don't I
- 1:37:04almost never market order because,
- 1:37:07you know, I like to follow price. So, a
- 1:37:09buy stop means price has to go up to my
- 1:37:12price and then I want it to just
- 1:37:13continue going up. You know, I'm I'm
- 1:37:15just trying to catch a ride. I'm not
- 1:37:16trying to say this is the spot. I'm
- 1:37:18saying when you're going this way, just
- 1:37:20take me with you. That's all I'm looking
- 1:37:21for here. Okay. Um so, let's see. So, so
- 1:37:25right now we we we wait patient, you
- 1:37:27know. So, so, um, but I'll tell you
- 1:37:29what, if if some time goes by here and
- 1:37:31we're not seeing what we want here, we
- 1:37:33might get into some scalping. Okay? So,
- 1:37:35we might do a little scalping and get a
- 1:37:36little crazy like that. Okay. Um, what
- 1:37:40else can I tell you guys about what's
- 1:37:41going on here? Um, you know, I don't
- 1:37:44really trade gold just because NASDAQ is
- 1:37:46really enough, you know, and I've been
- 1:37:48I've been trading profitably for over
- 1:37:50three years and posting non-stop about
- 1:37:52it on X. I I think I got more posts than
- 1:37:54I than I have followers on X. Okay. Um,
- 1:37:57I share everything. I'm not selling
- 1:37:59anything. Um,
- 1:38:02you know, but I believe everyone can
- 1:38:04become profitable in the market if
- 1:38:06you're just scalping and keeping it
- 1:38:08simple. Keep it easy. That's that's uh
- 1:38:11that's really the trick. And when and
- 1:38:12and I know everyone wants to feel smart,
- 1:38:15right? I I get it. You know, you want to
- 1:38:17feel like I'm smart. You know, I'm a
- 1:38:19smart guy, right? You want to feel like
- 1:38:21that, but
- 1:38:23you're not. You're you're not a smart
- 1:38:25guy. You're like me. You're you're
- 1:38:26average. You can pass for average.
- 1:38:28You're not you're not a genius. So, what
- 1:38:30you need to know about that because most
- 1:38:32dummies think they're geniuses and most
- 1:38:34geniuses think they're average. So, I'm
- 1:38:37not saying I'm a genius. I'm saying I'm
- 1:38:38average. But, as an average trader, I'm
- 1:38:41not trying to outsmart myself by making
- 1:38:45all these crazy things on uh you know,
- 1:38:48crazy markings and crazy tools on a
- 1:38:50chart. I keep this so simple because I
- 1:38:53don't know about you, but when I first
- 1:38:54got into trading, I was doing great when
- 1:38:57I knew nothing, right? When I'm just
- 1:38:59saying, "Oh, price is going up. Bye. Oh,
- 1:39:00look, I just made 200 bucks. Take it."
- 1:39:02Right? And then all of a sudden, I'm
- 1:39:03like, "Wow, I I I could really do
- 1:39:06something here. Let me hone my skill.
- 1:39:07Let me better myself. I'm smart. I'll
- 1:39:09learn this. Watch a bunch of YouTube
- 1:39:11videos. All of a sudden, I can't get I
- 1:39:12can't get a payout all of a sudden."
- 1:39:13Like, what happened? You know, you
- 1:39:15outsmart yourself. And so the trick is
- 1:39:18recognize that you're not smart.
- 1:39:20Recognize it and then it becomes easy.
- 1:39:23You're like, I'm not smart. I'm just
- 1:39:24going to follow price. I'm not going to
- 1:39:25try to predict price. I'm not going to
- 1:39:26try to guess because data high was swept
- 1:39:29before uh London low happened that now
- 1:39:33we're going to go to the 50% golden
- 1:39:35pocket and pull out a unicorn in the
- 1:39:37kill zone. Like I'm not I'm just waiting
- 1:39:40for a closure above or below the range.
- 1:39:42Bro, can can can we get a closure above
- 1:39:45or below? Thanks. So, this is what's
- 1:39:48going on right here. We're just watching
- 1:39:49here. You see, this would have been a
- 1:39:50nice little buy over here at this uh off
- 1:39:52the EMA,
- 1:39:54but let let's let's let's wait for some
- 1:39:56closures here, right? I didn't get my
- 1:39:58closure above price kind of respected
- 1:40:00resistance here, pulled back down,
- 1:40:02touched the EMA, starting to bounce back
- 1:40:04up. So, at this point, what I'd like to
- 1:40:08do is watch this and see what happens.
- 1:40:10Another thing that I'm always looking
- 1:40:12for is wick rejections because I believe
- 1:40:15what happened before is going to keep
- 1:40:16happening until it doesn't. Right? So,
- 1:40:19right here, we're already seeing a
- 1:40:20couple wicks, right? So, to me, this
- 1:40:23means price should come right back into
- 1:40:26this zone one more time and then pull
- 1:40:29back down. Where's the other wicks going
- 1:40:30to come? Like come down to where? Maybe
- 1:40:33down here,
- 1:40:35right? Or maybe down here. We'll see
- 1:40:36what happens here. So,
- 1:40:40you know, I I and I want to get into
- 1:40:41trades. I want to show you guys some
- 1:40:43things, but we got an hour here. So, so
- 1:40:45I'm hoping something sets up because I'm
- 1:40:47not trying to just like pop in a trade
- 1:40:49for fun and uh you know, and and and uh
- 1:40:54blow an account or something just
- 1:40:55because like let me show you something.
- 1:40:57But let's see. Price is coming up here.
- 1:40:59So, another thing that I would do is if
- 1:41:00price does come up here, I might look to
- 1:41:03put a sell stop below uh resistance,
- 1:41:06which maybe is becoming support. We'll
- 1:41:08see. I would put a sell stop over here,
- 1:41:11anticipating that price will come back
- 1:41:13down here. So, I'd have a sell stop and
- 1:41:15hopefully it would get triggered on the
- 1:41:17way back down, take some money, and go.
- 1:41:19You know, I might I might take four
- 1:41:21trades in a day, three trades in a day,
- 1:41:23but I would put in maybe 15 trades in a
- 1:41:27day that I just end up canceling the
- 1:41:28order because it never executes. You
- 1:41:30know, there'll be times I'll put a sell
- 1:41:32stop like right over here, let's say,
- 1:41:33and then price just keeps going. Fine. I
- 1:41:35didn't lose, right? If I would have
- 1:41:36market ordered that, I would have got
- 1:41:38popped hard, right? So, I'm not trying
- 1:41:40to get popped hard, you know? I'm trying
- 1:41:42a hard pop,
- 1:41:46you know. Anyway, I got my negative R
- 1:41:48cup too, you know,
- 1:41:51but so so right now you got to be
- 1:41:54patient, okay? And and and that's what
- 1:41:57we're doing. I keep it simple, bro. You
- 1:41:58know, people call me uh Forex Gump, you
- 1:42:01know, or or or Forest Ike, either one,
- 1:42:03you know, that's how simple I am. Like
- 1:42:05people don't believe my strategy. The
- 1:42:07beauty though about getting payouts is
- 1:42:10no one can argue with you. Then you post
- 1:42:12payouts, which I post them all the time.
- 1:42:13You post payouts, no one can tell you
- 1:42:16anything. I hear all the time, you won't
- 1:42:17last long when they do that. I share a
- 1:42:19post from two and a half years ago with
- 1:42:21the same strategy. I don't change my
- 1:42:22strategy, right? Why would I change a
- 1:42:25winning strategy? Right? If you see
- 1:42:27someone always changing their strategy
- 1:42:28or learning something new, you're like,
- 1:42:29"Bro, I thought thought you were
- 1:42:30profitable." Like, why would you? If you
- 1:42:33make it to the mountaintop where 95 99%
- 1:42:36of traders don't make it, and you make
- 1:42:38it there and then you're going to try to
- 1:42:40perfect your Are you nuts? You made it,
- 1:42:42bro. Don't change a thing. Okay, I
- 1:42:44believe in self bettering, better
- 1:42:46yourself, all that. Not with trading.
- 1:42:48With trading, I'm sure you dude, I
- 1:42:50closed my trades early so many times
- 1:42:52where they would hit TP. I don't care. I
- 1:42:54am not looking to catch those big runs.
- 1:42:56I am not looking to change a thing. I am
- 1:42:58just looking to get my consistent
- 1:43:00payouts all the time and live my life.
- 1:43:03Okay? You can't you can't be always
- 1:43:05wondering, oh, I don't even think about
- 1:43:07it. Look, here we go. Price is coming
- 1:43:09back to that same thing. And now, let's
- 1:43:11see. We got a minute and a half left in
- 1:43:12this candle. This might not be bad for a
- 1:43:15little rejection over here, right? I I I
- 1:43:17would like it to hang out in there a
- 1:43:19little bit more before rejecting just to
- 1:43:21be sure because another problem that I
- 1:43:22have be this rejection zone being right
- 1:43:24above this resistance support is if it
- 1:43:29closes above, I'm technically thinking
- 1:43:32we're going to keep going up, right? I'm
- 1:43:34not then then all of a sudden I'm not
- 1:43:36thinking that we're gonna turn down
- 1:43:38because look look how look look how we
- 1:43:39ride in this EMA, right? We just ride in
- 1:43:42this EMA. But yeah, big part of my
- 1:43:45strategy is wicks and wick rejections.
- 1:43:49Okay. Um let's see. Uh I guess I can go
- 1:43:53while we're waiting for something to
- 1:43:55play out over here. You know, it's like
- 1:43:57it's like part of me wants to get in
- 1:43:58this, right? But I'm I'm trying to be
- 1:44:00like if I wasn't live streaming right
- 1:44:02now, I wouldn't be getting in this
- 1:44:04trade, you know? Although I do like a
- 1:44:06little short over here, especially how
- 1:44:07it's reacting to that uh wick rejection
- 1:44:09and then expecting price to come back
- 1:44:11down like around here. You know, like
- 1:44:14the right thing for me to do is to wait
- 1:44:17here and wait for a closure. You know,
- 1:44:19it's only 24 more seconds. Technically,
- 1:44:21we closed below.
- 1:44:23I'd be looking for price maybe to come
- 1:44:24back down again. So, let's see what
- 1:44:27happens. Let's see what happens here.
- 1:44:29Um, what else? What else is going on
- 1:44:32here? You know, um, yeah, but it's it's
- 1:44:36great to be part of my funded TV. I'm
- 1:44:38really happy to be here. I'll be
- 1:44:40streaming every week. Uh, again, like,
- 1:44:42subscribe, share. See how we closed
- 1:44:44here? It's just like I have to skip this
- 1:44:46trade. And and, uh, a big part of
- 1:44:49trading isn't the trades you take, it's
- 1:44:51the trades you're not taking. Okay? So,
- 1:44:53like right here, we closed above. kind
- 1:44:55of am bullish here to go up, but I'm
- 1:44:57also in a wick rejection zone, which
- 1:44:59makes me think like uh like, you know,
- 1:45:01so I'm getting when I get conflicting
- 1:45:02answers, I'm just like, I'll just chill.
- 1:45:04I'll just wait for uh I'll just wait for
- 1:45:07something more definite. I don't need to
- 1:45:08take every trade. And keep in mind, no,
- 1:45:10I'm going for, like I said, five, seven,
- 1:45:1210, 12 points, right? I'll catch three
- 1:45:16or four of those in a day. You know,
- 1:45:18that's like 30, 40 points on an ENQ. So,
- 1:45:20what do you think is easier to do? catch
- 1:45:22a 30 40point move or catch five
- 1:45:26six-point moves, right? What's easier?
- 1:45:30Catching five sixpoint moves is probably
- 1:45:32a little bit easier than catching a nice
- 1:45:33big 30-point move, unless you get caught
- 1:45:34on one of these crazy trunk handles, you
- 1:45:36know? Um, but look what's happening
- 1:45:38here. We closed above. We had a little
- 1:45:40retest. Normally, I'd have a buy stop on
- 1:45:42top of here if this wick rejection zone
- 1:45:44wasn't like this, you It's just too It's
- 1:45:46just not It's just not It
- 1:45:51It's just not It's just not talking to
- 1:45:53me yet. It's just not talking to me. Um
- 1:45:57you know, um so there's a lot of
- 1:46:00thoughts about like
- 1:46:02journaling, right? Like should I
- 1:46:05journal? Now look, I do think that when
- 1:46:07you're figuring out your strategy, you
- 1:46:09should journal in the way where you're
- 1:46:10like saying, "Am I winning? Is this a
- 1:46:12winning trade or a losing trade?" you
- 1:46:15know, like to make sure it's a
- 1:46:16profitable strategy, but what I don't
- 1:46:18agree on in journaling is
- 1:46:21overanalyzing the trades. Now, now I'm
- 1:46:23saying this because after a move happens
- 1:46:26in the market, after the move and you
- 1:46:29look back, it always makes sense, right?
- 1:46:31You're like, you see a big move up,
- 1:46:32you're like, "Oh, of course it went up
- 1:46:33there. It's because uh, you know, break
- 1:46:36or block blah blah." You know, you find
- 1:46:37a reason why it makes sense, right? and
- 1:46:39and so so it's very hard to like really
- 1:46:42analyze a trade when you see it making
- 1:46:44so much sense after now even if you take
- 1:46:48your winning trades imagine you take a
- 1:46:49winning trade and you analyze your
- 1:46:51winning trade look at this wick
- 1:46:53rejection see and look you might be like
- 1:46:54that was barely a move I'm like barely a
- 1:46:56move bro from 142 to 137 that's five
- 1:46:59points bro that's a 100red bucks you're
- 1:47:01copy trading that on uh on three
- 1:47:03accounts that's 300 bucks in a few
- 1:47:05seconds that's not enough for you if
- 1:47:06that's not enough for you bro you you're
- 1:47:08cooked
- 1:47:09Yeah, you're cooked. Okay, so you got to
- 1:47:12also set real expectations for yourself.
- 1:47:14Okay, if you can consistently make $2,
- 1:47:16$300 a day, you just need a copy trade
- 1:47:19and now you can make $1,000 a day. You
- 1:47:20know what I'm saying? You don't need to
- 1:47:21up your risk. You don't need to hold
- 1:47:24longer. You don't need to do anything
- 1:47:26crazy. You just need to add another
- 1:47:28funded account. That's what's so
- 1:47:29beautiful about prop trading. It's
- 1:47:32because you have two different P&Ls with
- 1:47:34prop trading. You have your SIM P&L and
- 1:47:36your bank account P&L. So technically,
- 1:47:39even if you have five accounts and with
- 1:47:41a $2,000 draw down on all, and let's say
- 1:47:43you blow four of those accounts, but get
- 1:47:45the payout on one. So your SIM P&L, you
- 1:47:48might be you're negative 8,000, let's
- 1:47:50say. But on your real P&L, if you got a
- 1:47:53payout on that, you're you're plus about
- 1:47:541,500. You you know what I'm saying?
- 1:47:56Like you got to focus on your money. I
- 1:47:59know I know there's a whole like, oh no,
- 1:48:01the we got to focus on the art of
- 1:48:03trading. Oh, we got to focus on the
- 1:48:05skip, bro. You didn't get into trading
- 1:48:09to become the best candlestick
- 1:48:11predictor. That's not why you you
- 1:48:13weren't like, "Oh, you know, I'd really
- 1:48:14love to predict candlesticks more. You
- 1:48:16know, I really think I No, you got into
- 1:48:18trading so you could make extra money to
- 1:48:21do whatever else you want to do, but
- 1:48:23then you somehow you get caught up in
- 1:48:25the game of I want to be great at this.
- 1:48:27I want my mama to be proud. I want to
- 1:48:29show her. Look, you see, I called this
- 1:48:31here. I bought them. Take dude, my
- 1:48:33trades, my my chart executions might
- 1:48:35look ugly as hell, but you know what
- 1:48:37looks beautiful? My payouts. They look
- 1:48:39beautiful. And when I get that payout, I
- 1:48:41don't remember. I'm like, "Oh, wow. I
- 1:48:42only scalped this for three points." I
- 1:48:44don't I don't I don't remember that,
- 1:48:45man. When I'm going when I'm pooping and
- 1:48:48shopping on Amazon and just ordering
- 1:48:49anything I want without thinking about
- 1:48:51it. I'm not like, "Oh, I'm so happy that
- 1:48:53uh you know, I I bottom ticked that."
- 1:48:55No, I don't think about that. I'm just
- 1:48:56like, "Yo, there's money in the
- 1:48:57account." Like, we we're making money by
- 1:49:00trading. Okay. Yeah, candle wick
- 1:49:02sniffer. Let let me read the chat a bit.
- 1:49:04You know, like I've never done hosted
- 1:49:06like a live stream like this over here.
- 1:49:08So, you know, be patient with me. I'm
- 1:49:10going to go read some chat over here.
- 1:49:11Let's see. But I'm also watching these
- 1:49:13candles, you know, cuz like
- 1:49:16this is stopping to look like a wick
- 1:49:17rejection zone right now and starting to
- 1:49:19look more like we're going to go fill
- 1:49:21this range up, right? That's kind of
- 1:49:22what it's looking for. We had this
- 1:49:23closure above. We had a little retest
- 1:49:25going on here and then we sprung forward
- 1:49:27right over here. Right? So, let's just
- 1:49:30keep our eye on this in the meantime.
- 1:49:32Okay. Um, okay. What else we got going
- 1:49:36on? The Pogo is still going on for 10
- 1:49:38more minutes. Code YouTube. Okay. That's
- 1:49:40what I That's why I picked up those four
- 1:49:42accounts. You know, I'm planning on
- 1:49:43passing them. See, this is this is
- 1:49:45looking like a lovely after a retest
- 1:49:47down. I'm I'm thinking of putting a buy,
- 1:49:50but let's see if we can Let's see if we
- 1:49:52can get into a little trade here. I I
- 1:49:53just want this candle to play out a
- 1:49:54little bit. We're only like 10 seconds
- 1:49:56into it. Let me get a little push down
- 1:49:58over here and then hopefully uh I'll put
- 1:50:01a I would be putting a buy stop above
- 1:50:04it.
- 1:50:06You know, this is a 25K account. I
- 1:50:08should maybe be messing with micros here
- 1:50:10like my man Mr. Zinc always tells me. Um
- 1:50:13I'm not getting in this trade yet, guys.
- 1:50:15I'm waiting for a little playout over
- 1:50:16here. I need I need a little more action
- 1:50:17on this candle. It's only been about a
- 1:50:19minute in here. See, I need another
- 1:50:22minute here, bro. But we're watching it.
- 1:50:25We're watching it. We're watching it.
- 1:50:27Um, okay. Let let let let's uh let let's
- 1:50:32read some chat here. Do we have any
- 1:50:34questions about like my simple ass
- 1:50:38strategy? Okay. Like like I said, this
- 1:50:40is so simple. Okay. So, really, you
- 1:50:43know, my strategy I could I can explain
- 1:50:44this to my three-year-old and she'll get
- 1:50:46it. She's like, "Oh, okay. See, this why
- 1:50:48I didn't get in it yet. I needed a
- 1:50:49little play out over here. I'm I'm
- 1:50:51looking for this.
- 1:50:53If it comes down a little bit further,
- 1:50:54I'm going to put I'm going to get in
- 1:50:55this. I just want it to pull down a
- 1:50:57little bit more. And then I put the buy
- 1:50:58stop because then that's like more of a
- 1:51:00confluence, you could say, or
- 1:51:01confirmation that if price does turn
- 1:51:03around to activate my buy, uh, it should
- 1:51:07continue going, right? And if it
- 1:51:08doesn't, because it's just going to be a
- 1:51:10pullback here, I'm not in the trade,
- 1:51:12right? So, let's see. How long have I
- 1:51:15been trading? Oh, yeah. That's good.
- 1:51:16See, if you tag me in the chat, it pops
- 1:51:18up. Then I could read it way better.
- 1:51:20I've been trading now for four years.
- 1:51:22took about a year for me to become
- 1:51:24profitable. And ever since I've been
- 1:51:25profitable, I've been consistently
- 1:51:26profitable. I post on X all the time
- 1:51:29about it. Uh everything that I do,
- 1:51:31trading style hasn't changed in the last
- 1:51:33three, four years. It's the same simple
- 1:51:36strategy. Um I do play stops or go with
- 1:51:41momentum. I do play stops, but if I see
- 1:51:43the way that the candle's playing out, I
- 1:51:45may trade I may change uh I may move the
- 1:51:48stop. Okay? I I will move a stop. I'm
- 1:51:50not wanting you to set it and forget it.
- 1:51:51Okay, I will move a stop. I think I
- 1:51:53might take a little I think we might go
- 1:51:55for a little buy here, guys. Now, look,
- 1:51:57this is on
- 1:52:00this is on the 25K and I'm copy trading
- 1:52:02these. Okay, so I am going to be going
- 1:52:05here.
- 1:52:07I'm only going to be going Oh, shoot.
- 1:52:09What just happened? Did I just do a
- 1:52:10market order? Oh, boy. Okay, listen.
- 1:52:13This is what we call technical
- 1:52:14difficulties. Let's see if we can Let's
- 1:52:17see if we can get this done here. So, I
- 1:52:19just did a a uh a buy a market buy,
- 1:52:23which I normally don't do.
- 1:52:26Uh let's get a little bit. Let's
- 1:52:29Let's see. We're at 50 bucks, 60 bucks.
- 1:52:31Let Let me see if I put on the trade
- 1:52:32bait. See all that those numbers? All
- 1:52:35right. I think we're going to close this
- 1:52:36trade, especially because this was an
- 1:52:38accident that I got into this, right? I
- 1:52:40was going to be doing a buy stop. So,
- 1:52:42let's just close this trade before I
- 1:52:44lose anything.
- 1:52:46Did I Did I get out?
- 1:52:49Click and exit. No. All right.
- 1:52:53That was an accidental trade. Okay. What
- 1:52:56did we get any money on that? Five
- 1:52:58bucks. Who cares? We did. We And maybe I
- 1:53:00should have let it run. I should have
- 1:53:01let it run, of course. But, right, I
- 1:53:04closed it out 156. It's at 164 16. Okay.
- 1:53:07But you see my Right. You see what I'm
- 1:53:09talking about here. Let's switch back.
- 1:53:11Uh, share this step instead. Okay. You
- 1:53:13see where um you you you get Yeah.
- 1:53:17accidental W. I mean, barely a W, but
- 1:53:18it's a W. But you see,
- 1:53:21I'm I'm what I'm what I want to show you
- 1:53:23guys and what I want you to get is the
- 1:53:25way I get into trades and get out of
- 1:53:27trades and what I'm looking for in a
- 1:53:29trade. Because, you know, lots of times
- 1:53:31you you may learn something, watch a
- 1:53:34YouTube video, something like that, and
- 1:53:35then you like you're like, "Oh, okay. I
- 1:53:36think I get it." And then you don't when
- 1:53:39you come to the charts, you you don't
- 1:53:40even know what you're looking for,
- 1:53:41right? you come to the charts and you
- 1:53:42start staring like uh do I uh do I buy
- 1:53:48uh do I do I sell now uh right like you
- 1:53:52start you're not sure what you're
- 1:53:53looking for so with this strategy what
- 1:53:55I'm showing you here I mean we are
- 1:53:57buying
- 1:53:59uh when we close above we're selling
- 1:54:01when we close below or if it respects
- 1:54:04you know it's as simple as can be which
- 1:54:06is also why most mentors or gurus don't
- 1:54:10teach support and resistance You can't
- 1:54:12teach it. It's too simple. It's like if
- 1:54:14I want to sell a weight loss course and
- 1:54:15I say, "All right, here's the course.
- 1:54:18Eat healthy and work out,
- 1:54:21right?" Like that's my trading style.
- 1:54:23Close above, buy, close below, sell.
- 1:54:25Right? Eat healthy, work out is not
- 1:54:27something you could market and sell. You
- 1:54:28know what you could market and sell? Oh,
- 1:54:30well, what we want to do here is let's
- 1:54:32drop down to the daily. Uh, right. I
- 1:54:34could talk about the chart. I could talk
- 1:54:37about that if that's what you want to. I
- 1:54:38just talk about nonsense, right? I used
- 1:54:41to be a somay in a at a wine restaurant.
- 1:54:43Okay? So, I had to talk about all this
- 1:54:45wine. And let me tell you, I was just
- 1:54:47talking out of my ass 99% of the time
- 1:54:50about wine. And the wine people loved
- 1:54:52it. They loved it. They're like, they
- 1:54:54would tell my manager, "Wow, this guy
- 1:54:55really knows his stuff. He bro, it's all
- 1:54:58garbage." When someone is just talking
- 1:55:00about, you know, of course, I I can't
- 1:55:03say it's all garbage. If that's your
- 1:55:04strategy and you're profitable with that
- 1:55:07strategy,
- 1:55:09I got nothing to say. Don't change a
- 1:55:11thing. Right? Like my man Ash, he trades
- 1:55:14very different than me and he's
- 1:55:15profitable. He's got a live account for
- 1:55:16what, a year now. Like, how could you
- 1:55:18argue with it? You can't. But that
- 1:55:20doesn't mean you can do it, right? Hey,
- 1:55:21LeBron James could dunk. Does that mean
- 1:55:23you could dunk if you watch a bunch of
- 1:55:25YouTube videos? No, bro. You'll never
- 1:55:27dunk. Not all of you, but most of you. I
- 1:55:29could tell. I see all you. Yeah. Yeah.
- 1:55:31No. None of you. You guys will never
- 1:55:32dunk. So being that you're never going
- 1:55:34to dunk and you're just watching videos
- 1:55:37saying, "No, I'm going to dunk. I'm
- 1:55:38going to dunk." You're lying to
- 1:55:39yourself. You're going to spin yourself
- 1:55:40in circles and never get anywhere. So
- 1:55:43I'm not trying to dunk. I'm trying to
- 1:55:44just sit on the bench and get a paycheck
- 1:55:46here. Boom. Quick money. Quick money.
- 1:55:47Quick money. That's my skill. That's
- 1:55:49where I'm at. Okay. Maybe if I was a
- 1:55:51taller guy, go for dunking. Maybe if I
- 1:55:52was a had a big brain, I'd be uh quant
- 1:55:55stuff. I don't know. I'd be using golden
- 1:55:57pockets. But I'm not. I don't have a big
- 1:55:59brain. I'm a regular guy trying to make
- 1:56:01a living. So that's what I do. Closure
- 1:56:04above, buy, closure below, sell. So, and
- 1:56:07I love wicks getting filled. Okay. So,
- 1:56:10we're going to just keep looking here
- 1:56:11for wicks. See, 61, you can't even touch
- 1:56:14the rim. Okay. Depends on the height of
- 1:56:16the rim. Okay. True. Myth knows it. Myth
- 1:56:18T O man, he knows. Um, where do you
- 1:56:21place the stop order? So, look, in a
- 1:56:23case like this, see, if I had this buy,
- 1:56:25remember I had the buy stop originally
- 1:56:27over here. You're looking pretty lovely
- 1:56:29right now, right? It's okay, bro. No,
- 1:56:31there's no crying in the casino. There's
- 1:56:33no, "Oh, I could have, I should have." I
- 1:56:36just want you guys to see what I see
- 1:56:38because I'm telling you, you can be
- 1:56:40profitable. But don't rush. There's
- 1:56:42nothing wrong with making $200 a day.
- 1:56:44And let's say it takes and copy trading.
- 1:56:46Let's say it takes you a month to get
- 1:56:48the payout. A month to get the payout.
- 1:56:49If you could get $2,000 times five, 10
- 1:56:52grand in a month, bro, where's the rush?
- 1:56:55You don't need that week one. You don't
- 1:56:56need that day one. Okay? Remember that
- 1:57:00the faster you chase that money, the
- 1:57:02faster it's going to run. Okay? So, you
- 1:57:04sit back, you chill, you watch this
- 1:57:06stuff, you enjoy life, you drink from
- 1:57:08your I can't trade cup, you know, or is
- 1:57:10an ICT cup. Same thing, right? Hey, you
- 1:57:12see what I did there?
- 1:57:15Okay. So, let's see.
- 1:57:19Let's see. Let's see what we can do
- 1:57:21here. Now, I used to trade gold. I don't
- 1:57:24really trade it anymore just because
- 1:57:26NASDAQ provides so much that and keeps
- 1:57:28me on my toes that I don't need to go
- 1:57:31back to to gold. Now, you know, we are
- 1:57:34on a stream here. Another thing to stay
- 1:57:36away from just cuz I look at the time, I
- 1:57:38usually stay away from that last candle,
- 1:57:39that hourly candle, because, you know,
- 1:57:41the first and last pretty much unless
- 1:57:43I'm already in the trade. Um because,
- 1:57:45you know, those hourly candles go silly,
- 1:57:46right? They can fly up or down 10, 12
- 1:57:48points. And when I'm scalping for uh
- 1:57:51six, seven, eight points, I I every
- 1:57:54point counts for me, right? I'm not
- 1:57:55trying to get in a candle and take a big
- 1:57:57draw down all of a sudden for no reason.
- 1:57:59You know what I mean? So,
- 1:58:03so like uh I usually stay away from
- 1:58:04maybe those 30-minute candles. I don't
- 1:58:06trade news. I don't trade the open. I
- 1:58:08love barcoding, bro. People complain
- 1:58:10about barcoding. Let me let me let me
- 1:58:11look. See, if you barcode
- 1:58:14and you're just going for wicks or wick
- 1:58:16fills, right? It's like price doesn't
- 1:58:19move enough to not to to to to pretty
- 1:58:23much take you to doesn't move enough to
- 1:58:24really even take you out if you have a a
- 1:58:27small 67 point uh six seven point um
- 1:58:32stop uh take profit right like chances
- 1:58:34are you want to talk stats right people
- 1:58:36are like it's not gambling if they're
- 1:58:37stats all right here's a stat for you at
- 1:58:40any given point what what contract size
- 1:58:42do I use for evals or funded okay so I
- 1:58:46usually am at one contract for
- 1:58:48everything usually. Now, Eval sometimes
- 1:58:51I want to pass it quicker. I might do
- 1:58:53two, three. Um I'm usually at flat one
- 1:58:56contract. Okay. Um of course bigger
- 1:58:59accounts, if I'm doing a 150, I might do
- 1:59:01two or three contracts, but I usually do
- 1:59:03one. I I haven't done minis in a long
- 1:59:05time. I got to tell you, I I haven't
- 1:59:06done minis because when I'm going for
- 1:59:08five, six, seven points on two minis,
- 1:59:11bro,
- 1:59:13you know, what am I trying to do here? I
- 1:59:14can't even make enough money to walk
- 1:59:16through my house, right? My kid's going
- 1:59:17to jump me before I get to the kitchen
- 1:59:19for two minis, bro. I mean, micros, you
- 1:59:22know. So, I need Okay, so I need the um
- 1:59:26So, I So, I do the minis usually because
- 1:59:28I'm in and out, bro. I'm not like I
- 1:59:30said, you'll see me me post stuff on on
- 1:59:32Twitter. You're never going to see me
- 1:59:34catch the whole move. I never catch the
- 1:59:36whole move. I always get payouts. I
- 1:59:39never catch the whole move. And you see
- 1:59:41a lot of people posting $10,000 day,
- 1:59:43$10,000 day. Look at their account
- 1:59:44balance. holding their account balance.
- 1:59:46They're only up 10,000. Wait, what
- 1:59:48happened to yesterday's 10,000? What
- 1:59:49happened to last week's 10,000? Why are
- 1:59:52you up 10,000 today? But your account
- 1:59:53started at 50 and you're at 60K. Like,
- 1:59:55what happened to the faster the bigger
- 1:59:58they run, the bigger they fall? Okay. I
- 2:00:00prop firms love me. I never been banned
- 2:00:02from a prop firm because I'm just No one
- 2:00:04minds me. I'm just here for a little bit
- 2:00:05of crumbs, right? I'm just Hey, it's
- 2:00:08just me passing by. Just just grabbing a
- 2:00:10little crumb here. I'm just here for the
- 2:00:12crumbs, bro. That that's all I'm here
- 2:00:13for, you know? But a lot of crumbs could
- 2:00:16turn into some bread, right? But if
- 2:00:18you're just out there looking for these
- 2:00:19big loaves of beds, bread, swinging for
- 2:00:21the fences, trying to get lucky, of
- 2:00:24course you're churning and burning. I,
- 2:00:25bro, I don't I don't go through my
- 2:00:26accounts. I've got a bunch of funded
- 2:00:28accounts that are months old. I do not
- 2:00:30churn accounts. I am slow, steady,
- 2:00:34dollar, dollar, dollar. Enjoy the day.
- 2:00:36Okay? And I'm telling you, the the the
- 2:00:39trap is making you think you can make
- 2:00:41thousands and thousands every day. That
- 2:00:43is the trap. Don't get trapped. [ __ ]
- 2:00:47Darn it. First time streaming, guys.
- 2:00:51Okay, I'm seeing more wick rejections
- 2:00:53and I really am liking this wick fill as
- 2:00:55well.
- 2:00:57So, I might uh we might have to get into
- 2:00:59a little buy over here on the flip of
- 2:01:00this C. Am I too late? Did I miss it? I
- 2:01:04was going to say I was going to get into
- 2:01:04a buy at the flip of this candle, but
- 2:01:06fair not. Now, there's a wick down here
- 2:01:09to fill, right? These wicks get filled.
- 2:01:11Okay, look at this wick. Imagine you
- 2:01:13were just in the market to fill wicks.
- 2:01:16Big wick filled. This got filled. This
- 2:01:18got filled. This guy got filled. This
- 2:01:20guy's getting filled, right? We got this
- 2:01:22guy here. This guy got filled. Pretty
- 2:01:24much we got this guy waiting for me.
- 2:01:26He's waiting. So, look. What I'm hoping
- 2:01:28for here is one of my favorite patterns.
- 2:01:31We call it the ping pong pattern. Okay.
- 2:01:33It's where price
- 2:01:36uh actually I don't know why it's called
- 2:01:37the ping-pong pattern. Maybe one of you
- 2:01:38guys can figure it out. They call it the
- 2:01:40ping pong pattern. Um,
- 2:01:43I don't know why, but this is what I'm
- 2:01:46hoping for. A little pingy pongy, right?
- 2:01:48So, barcodes are lovely. Look at these
- 2:01:51prices getting filled. Uh, uh, wicks
- 2:01:54getting filled. And now, what I would
- 2:01:55really like, what I would really like,
- 2:01:58guys, is I'd like
- 2:02:02price to come back down here,
- 2:02:06right? Maybe not even all this.
- 2:02:10Now, a lot of times when I'm putting in
- 2:02:12my order.
- 2:02:14Um,
- 2:02:17why am I marketing ordering here, bro?
- 2:02:21Oh, boy. Okay, so this is another one I
- 2:02:22should just get right out because I
- 2:02:24should not have gotten in this. I wanted
- 2:02:25to get in and out your boy, bro.
- 2:02:31All right, I'm going to take this. I'm
- 2:02:32going to just leave this stop loss here.
- 2:02:33If I get If I take this L, I take the L.
- 2:02:36I'm doing market order instead of sell
- 2:02:37stops for whatever reason, man.
- 2:02:40Ah,
- 2:02:42okay. Let's see if we can get out of
- 2:02:44this without losing any money here. Can
- 2:02:46we do that? Can you get me out of this
- 2:02:48without losing money? Or maybe I should
- 2:02:49just take a $30 loss here. Let's go.
- 2:02:51Turn. There we go. All right. Let's take
- 2:02:53that.
- 2:02:55Okay, guys. I'm sorry. I'm new to this.
- 2:02:59We're going to We're going to still try
- 2:03:00to get back in that sell stop. I was in
- 2:03:03a limit, that's why.
- 2:03:06Okay. Um,
- 2:03:10okay. So, let's see what happens here.
- 2:03:12Now, look, either price will keep going
- 2:03:15up and then I'm going to cancel this
- 2:03:17probably at the end of this candle if
- 2:03:18this candle closes or we end up getting
- 2:03:21into a trade and um let's see if we can
- 2:03:25make a little bit of money. Now, I'll
- 2:03:27tell you what, if this trade if this
- 2:03:29doesn't get activated, I think we're
- 2:03:31going to get into a little bit of
- 2:03:32scalping. Okay, we're going to have to
- 2:03:34do a little scalps. Okay, my little wick
- 2:03:36scalps. All right, this is a crazy
- 2:03:39it's a little little strategy about
- 2:03:41taking a bunch of ugly little trades.
- 2:03:43Okay, they're going to be ugly, but
- 2:03:45they're going to be quick 60 $70 hits
- 2:03:47that we're going to work on. Pretty much
- 2:03:49rejections on wins. Okay, we're in the
- 2:03:53Let's see what happens here.
- 2:03:55Let's Let's see where we at on the other
- 2:03:58pit. Let's look at our trade of eight.
- 2:03:59Right.
- 2:04:02Okay, we're we're
- 2:04:04moving a little bit. Let's go back.
- 2:04:09You know, let's see see if we can see
- 2:04:14where we can get over here.
- 2:04:17You know, I I we don't need that much
- 2:04:18money here. If we can It's 11:05. If we
- 2:04:22can get to like 80 bucks, I would
- 2:04:23probably even take that. You know,
- 2:04:25again, we're copy trading just four
- 2:04:28evals. the pogos I picked up with code
- 2:04:31YouTube. You know, we pass this, we get
- 2:04:34uh extra eval sitting in the bank for
- 2:04:36us, you know. Let's see what we can do
- 2:04:38here. So, so far we took two trades for
- 2:04:41small W's, but I wouldn't even count
- 2:04:43those trades. Those were mistakes. Right
- 2:04:44now, look, I got a big wick here to
- 2:04:46fill. Now, this I don't like. I do not
- 2:04:48like this right now because you know how
- 2:04:50I'm about those wick fills, right?
- 2:04:53You know how I'm about those wick fills.
- 2:04:55Let's see.
- 2:04:57Let's see. Let's see, guys.
- 2:05:03Come on. It's going to push down here
- 2:05:04and get me out of this trade. I don't
- 2:05:06like it anymore.
- 2:05:09I don't like it.
- 2:05:15We took it. It was little. I know. I
- 2:05:17know. Can we celebrate it? We could
- 2:05:20celebrate it, bro. We could still
- 2:05:21celebrate it. See, we could still
- 2:05:24celebrate it. We don't care. We
- 2:05:26celebrate that stuff. Yeah. Anytime I
- 2:05:28win, uh I anytime there's a there's a
- 2:05:30trade, I uh I pop confetti. That's just
- 2:05:34what I do, man. It's like it keep it
- 2:05:36keeps it going. It keeps it going. Okay,
- 2:05:38so we're out of this trade now.
- 2:05:41I think we're going to get into some
- 2:05:43wick rejection scalping here. It's
- 2:05:4511:06.
- 2:05:47I only got another 24 minutes with you
- 2:05:50guys here. See if this I got scared out
- 2:05:52by this wick. Not going to lie. got
- 2:05:54scared. I got scared by the wick. But
- 2:05:57you see what I'm showing you, right? Do
- 2:05:58you see what I'm showing you guys? The
- 2:06:01wicks rejection. The wicks are rejecting
- 2:06:04and they just bounce. They pogo. They
- 2:06:06ping pong. They wing wong. Okay, let's
- 2:06:09see where we at. So, yeah. So, we're
- 2:06:12if this was real accounts, right? Copy
- 2:06:16trading. These are 50 bucks times four.
- 2:06:19It's 200 bucks for really,
- 2:06:21you know, nothing going on.
- 2:06:24You know, look at how we filled, right?
- 2:06:26So now you might say, well, now what do
- 2:06:28you do, right? I think we all know what
- 2:06:31we would do. We wait for price to come
- 2:06:32back down here. We put a buy stop over
- 2:06:35here and anticipate price to come right
- 2:06:37back up there, right? I know. So simple,
- 2:06:40right? I know. I know. I want price to
- 2:06:42come down though and touch the yellow
- 2:06:43here. Really, a little bit more before I
- 2:06:45would do the buy stop over here. I'm
- 2:06:47looking for a buy stop kind of in the
- 2:06:48middle of the candle. Um, but I want
- 2:06:50price to come down first a little bit
- 2:06:52more.
- 2:06:54Um,
- 2:06:56now like I said, it's 11:07.
- 2:07:00If but if in another like 7, 8, 9
- 2:07:02minutes, we can't get like a proper
- 2:07:04trade. See, that's why I don't that's
- 2:07:05why I don't market order. You see what
- 2:07:07I'm saying? Look at that wick filled.
- 2:07:09Another wick filled. So now what what
- 2:07:11we're looking at this guy maybe, right?
- 2:07:13And look, everything's happening. Every
- 2:07:16Oops. Everything's happening like we
- 2:07:20were talking about, right? We're going
- 2:07:22from wick to wick, pingy to pongi. Okay,
- 2:07:27so look at that. See, and that's why I
- 2:07:29was saying I want it to come down a
- 2:07:30little bit more. And now what do I do?
- 2:07:32I'm going to put like a buy stop over
- 2:07:35here. Okay, look. I like how it's
- 2:07:37respecting. I like this respect on this.
- 2:07:40Uh, and now that this wick guy got
- 2:07:42filled, right? Look at these wicks. Is
- 2:07:44there is there a wick out there that
- 2:07:47hasn't been filled? Show yourself,
- 2:07:50right? like you can literally scalp your
- 2:07:54day around just filling wicks like this.
- 2:07:57Okay, I said wicks. Wicks. Okay.
- 2:08:01Um, so I'm going to wait here on this
- 2:08:03candle closure. I'll tell you why. Why?
- 2:08:04Because you might be like, well, why not
- 2:08:05put the buy stop in right now and let's
- 2:08:06go, right? I'll tell you why. First of
- 2:08:08all, I want to see where this candle
- 2:08:10closes. If we close down here, I might
- 2:08:12be expecting price to come all the way
- 2:08:14back down. Okay. Um, if we if we leave
- 2:08:17kind of a wick, if let's say it closes
- 2:08:19up here and leaves this wick, I'd
- 2:08:21probably wait for that wick to come down
- 2:08:22and get filled first and then maybe put
- 2:08:24the buy stop. So, it's like I'm waiting
- 2:08:27on a bunch of different things before
- 2:08:30I actually uh, you know, want to get in
- 2:08:32the trade because like I said, the main
- 2:08:33I I think the biggest part of trading is
- 2:08:37knowing what trades not to take. So,
- 2:08:39like I said, I might I might cancel 14
- 2:08:42orders throughout a trading day that
- 2:08:44orders that just don't get filled. Okay.
- 2:08:47Um, so, so I'm waiting. You know,
- 2:08:50there's no rush. Remember that. There is
- 2:08:52no rush. Unless you're on like an ebon
- 2:08:55day 29 and you're about to get rebuild.
- 2:08:57All right. Then, then I get it. There's
- 2:08:58a rush. Um, okay.
- 2:09:03Um, so, so, so again, this strategy,
- 2:09:06this easy ass strategy, the reason you
- 2:09:08don't see, and see now it's leaving a
- 2:09:10big wick, which would which when I see
- 2:09:11something like this, I'm not trying to
- 2:09:13get into a buy stop over here unless we
- 2:09:17fill that wick first. Okay, that's when
- 2:09:19I'm looking to get in that buy stop. I
- 2:09:21mean, truth is, both these trades would
- 2:09:23have paid me my hundred bucks on each of
- 2:09:25them and and I'd be like, you know, I'm
- 2:09:28chilling at that point, right? because
- 2:09:29like I am not trying to make all the
- 2:09:31money. I am just trying to make some
- 2:09:34money. Okay, so let's see what we got
- 2:09:37going on over here.
- 2:09:40Let's see any any questions in the chat.
- 2:09:42Is there any questions in the chat? You
- 2:09:45know the the see here we go. So I would
- 2:09:47like a buy stop here normally, but with
- 2:09:50this wick it's keeping me out. Now if
- 2:09:52price could come down here and touch
- 2:09:54resistance, then I would put the buy
- 2:09:56stop, right? First, I'd want price to
- 2:09:59come down here, show like, hey, I
- 2:10:02respect you and you respect me, and then
- 2:10:04we do the buy stop up. Now, look, after
- 2:10:07another few minutes, bro, we're going to
- 2:10:08get in this wick rejection
- 2:10:11uh scalping, which will either go really
- 2:10:14great or really bad, but either way,
- 2:10:17there will be a show. What copy trader
- 2:10:19do you Yes, I will be on MF every
- 2:10:22Wednesday, 10:30 to 11:30. set your
- 2:10:25notifications, subscribe, like, share,
- 2:10:29tell your mama, tell your Grammy, tell
- 2:10:30everybody. Um, so, but, uh, what copy
- 2:10:34trader do you use? Right now, I'm using
- 2:10:35Tracopia. Pretty pretty pretty solid
- 2:10:38right now, but you know, most of them
- 2:10:40are pretty good. Most of the trade
- 2:10:41copers are pretty good. There's always
- 2:10:43mistakes that happen with trade copers.
- 2:10:45Um I've blown accounts by accident with
- 2:10:48trade copers where I I you know so it's
- 2:10:51like you know when I trade copy now I
- 2:10:54trade copy three four accounts max at a
- 2:10:57time okay just because inev inevitably
- 2:11:01something bad will happen when trade
- 2:11:03copying just for whatever reason and you
- 2:11:05don't want to blow all your accounts for
- 2:11:07that okay you don't want to blow every
- 2:11:09account because of a technical glitch
- 2:11:12which has happened to me like I said
- 2:11:14multiple times
- 2:11:16So, um, I copy trade three or four at a
- 2:11:18time. Three or four accounts at a time.
- 2:11:20And, um,
- 2:11:22yeah. See? So, where do you think we're
- 2:11:24going from here? Right. Probably back to
- 2:11:25the yellow. I mean, probably, right?
- 2:11:28We're just wick rejecting over here. But
- 2:11:31this wick guy, you know, he he's he's uh
- 2:11:34that's a good look looking wick. You
- 2:11:36know, that wick is looking to get
- 2:11:38filled. Okay. Um, so let's just we're
- 2:11:41going to wait here. But like I said,
- 2:11:42another few minutes. Boom. Right. Right
- 2:11:45up there feeling this way, bro. Guys,
- 2:11:50you know what I'm saying? You know what
- 2:11:52I'm saying?
- 2:11:55But we're waiting. We're waiting. Uh we
- 2:11:58are not going to rush this,
- 2:12:02but we are going to do some scalping
- 2:12:03very soon. See? And and this is why I
- 2:12:05like barcoding. This is why when people
- 2:12:07complain about barcoding, this is why I
- 2:12:09like it because normally I can I can
- 2:12:11always start put a sell stop over here,
- 2:12:14then catch a buy stop over here and get
- 2:12:16in and out of of uh of a few trades in a
- 2:12:20five in in in about 25 minutes, 30
- 2:12:23minutes and be done. Like barcoding is
- 2:12:25my friend, you know. But at this point
- 2:12:28now, right, where do I think it's going?
- 2:12:29If we can keep if we close up high here,
- 2:12:32we might go to the next uh support or
- 2:12:34resistance, you know, but look look how
- 2:12:36simple this stuff is, right? Like like
- 2:12:38look at the lines I drew out, right?
- 2:12:40Pretty much if you're buying at closures
- 2:12:42and retests, especially on a day like
- 2:12:45today, you know, this candle I would
- 2:12:47have stayed away from just because it's
- 2:12:48too high. It's too close to the um to
- 2:12:52the uh resistance. So it's like there's
- 2:12:53not enough room to go. Although it would
- 2:12:55have paid, right? It would have paid. It
- 2:12:57would have paid. I don't hold 50point
- 2:12:59trades. Remember that. I don't hold
- 2:13:01those. Okay? I'm You can ask my
- 2:13:03girlfriends going back from when I was
- 2:13:0417. I don't hold out that long, right? I
- 2:13:07can't I can't I see people with these
- 2:13:09300 point moves. I'm like, how? Like the
- 2:13:10only way that could happen to me is I
- 2:13:12lost internet and fell asleep. Like 300
- 2:13:15point? Are you kidding me? Now look, I
- 2:13:17love it. I love to see it. It's amazing.
- 2:13:19It's an amazing skill. But if we're
- 2:13:21being real, 99% of traders fail because
- 2:13:24that's what they're going for. They're
- 2:13:25holding they're holding their W's till
- 2:13:27they become L's. They they're not taking
- 2:13:29their profits when they can, you know,
- 2:13:31and that's why so many traders end up
- 2:13:33becoming losers because they think
- 2:13:36they're doing right. But the problem
- 2:13:37with thinking is it only works if you're
- 2:13:39smart. And if you're dumb and you're
- 2:13:41thinking, you're just you're cooked,
- 2:13:43bro. You're just cook as the kids say.
- 2:13:46So, um I think we're going to get to
- 2:13:48some it's it's uh it's 11:15. We're
- 2:13:52gonna start doing some scalloping, bro.
- 2:13:54Okay. because the time the time is nigh
- 2:13:57and I would like to show some trades. I
- 2:13:59think you guys got a little idea of my
- 2:14:02trading style. I mean, it's so simple
- 2:14:05that it's really um it's so it's such a
- 2:14:08simple strategy. I feel like, you know,
- 2:14:09it's like poker. It takes a minute to
- 2:14:11learn, maybe a lifetime to master. I
- 2:14:13don't think it takes that long to
- 2:14:14master, but uh
- 2:14:18let's see what we can do here. All
- 2:14:19right. Once this candle finishes, this
- 2:14:21big candle, you know, I stay away from
- 2:14:23these big candles, man. They scare me,
- 2:14:25you know. Um, but look, I I still like
- 2:14:29this. Um, I'm I'm still I'm not getting
- 2:14:32rid of this wick rejection zone here
- 2:14:34until like we're clearly out of it. You
- 2:14:36know what I'm saying? Because this guy
- 2:14:39can very easily just come right back
- 2:14:41down here, right? So, I'm not sold that
- 2:14:43this is not our rejection area yet. You
- 2:14:47know, if this comes right back down,
- 2:14:48bada bing, bada boom.
- 2:14:51Okay, so let's see what how do you use
- 2:14:55my gray bars? My gray bars are just
- 2:14:57support and resistance. If you rewind
- 2:14:58earlier to when I came on, probably
- 2:15:00around 10:30, 10:35. I explain how I
- 2:15:02break those down. I go to the 30 minute
- 2:15:04time frame. That's as far back as I go.
- 2:15:05I don't go look at what happened
- 2:15:07yesterday. I don't go look at what
- 2:15:09happened this morning. You know,
- 2:15:10there'll be days I'll tell my wife, I'm
- 2:15:11like, "Yo, oh, I made 300 bucks on 12
- 2:15:13accounts today." Like, great. Did the
- 2:15:15market go up or down today? I'm like, I
- 2:15:17have no clue. I got no clue and I don't
- 2:15:19want to know, bro. I don't want the
- 2:15:21info. I I see people trading their new
- 2:15:23strategies. Oh, look at this. I'm like,
- 2:15:24I don't want to know, bro. I'm I made
- 2:15:27it. I made it to the top. I'm getting
- 2:15:29paid every week. I'm not looking for
- 2:15:31something new that's going to mess my
- 2:15:33strategy up. You know what I'm saying?
- 2:15:35Because that's what happens. You start
- 2:15:36thinking you're smart. You start
- 2:15:37learning more. And you're really just
- 2:15:40learning about bunch of nonsense. It's
- 2:15:41just like when I was selling wine. It's
- 2:15:43a bunch of nonsense, bro. Okay. But you
- 2:15:46know, people drink wine so that
- 2:15:48alcoholics can feel good about
- 2:15:49themselves. Like they're not they're not
- 2:15:52uh they're not an alcoholic. We're we're
- 2:15:54learning, right? And a lot of people
- 2:15:55want to learn about candles so they can
- 2:15:57feel good about gambling. They're like,
- 2:15:58"I'm not gambling. Look at all these
- 2:16:00stats, bro. I could give you stats on
- 2:16:02every football game. Doesn't mean it's
- 2:16:03not gambling." You go to roulette table,
- 2:16:05there's stats right over there. You know
- 2:16:06why those stats are there? To make you
- 2:16:07think that they mean something. They're
- 2:16:09there to trick you. So when you see
- 2:16:11stats, oh you know 95% of the time when
- 2:16:14there's a gap of 400 points, uh it re it
- 2:16:17fills the gap the same day. Okay, 9 and
- 2:16:19what happens before it fills the gap?
- 2:16:21Does it go down another 500 points? Does
- 2:16:23it like that info doesn't help you? It
- 2:16:26makes you think, oh, I got some more
- 2:16:28knowledge. You don't need it, bro. It's
- 2:16:29crowding your brain. But look here here
- 2:16:31here's what's going on. We're hitting um
- 2:16:34we're hitting support here or
- 2:16:36resistance. So, at this point,
- 2:16:39I got to wait for closures, bro. That
- 2:16:40that that's the problem with streaming
- 2:16:42for just an hour is when I'm waiting on
- 2:16:43five minute candle closures. You only
- 2:16:45got 20 of those in an hour. And a lot of
- 2:16:47them are not going to be closing above
- 2:16:49or below the range, right? Okay. But
- 2:16:52that doesn't mean we can't do a little
- 2:16:53bit of scalping over here. Okay. Now,
- 2:16:55again, this scalping,
- 2:16:59it's not pretty, baby. It ain't pretty.
- 2:17:02But when I get my payouts, I never think
- 2:17:05about that again. Okay. So again, like,
- 2:17:08subscribe, share, and let us cuz right
- 2:17:13here, I see, you know, with 12 minutes
- 2:17:15left and this candle not closing above
- 2:17:17the range, it's like I would have to I I
- 2:17:21I need to wait for this candle either
- 2:17:23close above or I need some like
- 2:17:26closures, a couple candle closures to
- 2:17:28kind of show that we're really
- 2:17:29respecting this support to come back
- 2:17:31down. Okay, that's kind of what I'd be
- 2:17:33looking for now. Um, but being that it's
- 2:17:37it's 11:118,
- 2:17:40what we're going to try to do is my
- 2:17:42little four point. Let's switch to trade
- 2:17:44of eight.
- 2:17:47Okay. And now what we're going to be
- 2:17:50doing
- 2:17:52is
- 2:17:54trying some little scalps on I'm on out
- 2:17:58of five minute here. I'm not great on
- 2:17:59trade of bait, so we're we're all
- 2:18:01learning together here.
- 2:18:03Um, let me open that. Let me switch back
- 2:18:05to the to my Okay, we're about a minute
- 2:18:08and a half left in this candle.
- 2:18:11Okay, so now
- 2:18:15Okay, so now this scalping strategy
- 2:18:17Forex, is that area no longer valid
- 2:18:20since the candle closed above it? No,
- 2:18:22it's still valid. Especially if this
- 2:18:23candle pulls that down. You know why?
- 2:18:25Because technically we go on a 15 minute
- 2:18:28or 30 minute, this could still be a wick
- 2:18:30and pull back down, right? So, I'm still
- 2:18:34keeping it as a valid rejection zone
- 2:18:36area until let's say this candle kind of
- 2:18:40finds its way, right? Like right now,
- 2:18:43I'm not sold that this rejection area is
- 2:18:44over because this could flip, this could
- 2:18:46close as a dogee, then fill this wick
- 2:18:48down and we go right back down. So, I'm
- 2:18:50still keeping this out here. Now, once
- 2:18:52structure kind of changes or we get a
- 2:18:53closure above the range, then yes, then
- 2:18:55I'm getting out of this. I'm erasing
- 2:18:57this one and we're going to look for the
- 2:18:59next wick rejection zone. Okay. Oh,
- 2:19:02shoot. I was showing the wrong chart.
- 2:19:03Let me show this tab instead. Sorry. So,
- 2:19:06what I was saying is this candle right
- 2:19:08here, I'm not I'm still keeping the
- 2:19:10yellow rejection zone here until I see a
- 2:19:13couple more candles to really show we
- 2:19:15left this area and we're not pulling
- 2:19:17back anymore. Again, I'm I share my
- 2:19:19chart free ike.bio.
- 2:19:22Ike.bio. It's on my uh on my X. Also, I
- 2:19:26always share this chart. So, I usually
- 2:19:27mark it up. Don't follow me for trades
- 2:19:29on it because you don't know when I'm
- 2:19:31actually getting in or out. But you can
- 2:19:33definitely use my levels and, you know,
- 2:19:36see if they make sense with you, if they
- 2:19:38stick with you, and and what you think
- 2:19:39about them. So,
- 2:19:42let's get into some scalping.
- 2:19:44Now, my whole idea here with these
- 2:19:47scalps, right? My whole idea is price
- 2:19:52often
- 2:19:54makes a wick, pulls back a little,
- 2:19:57touches the wick again, pulls back a
- 2:19:59little, you know, like all these candles
- 2:20:01touched up, pull back. Right? So, this
- 2:20:03whole strategy that I'm that that that I
- 2:20:06use really most a lot of it I use on my
- 2:20:09Eval accounts, okay? because like it it
- 2:20:12it is a risky strategy, but it's pretty
- 2:20:14much a sell limit at the bottom of a
- 2:20:17candle once it's about halfway formed or
- 2:20:19and a buy limit at the top of that
- 2:20:21candle. Look at that. We're going for
- 2:20:22this wick fill here. Let's wait. Let's
- 2:20:24see what we can do over here. I need
- 2:20:25this wick to get filled before I would
- 2:20:27want to put a buy limit here. But
- 2:20:31I need a couple wicks. Let's see what's
- 2:20:34going on here. Now, we got a wick up
- 2:20:35there. And then you'll you'll you'll
- 2:20:37you'll see me get into a couple quick
- 2:20:39little trades here. Okay, you see where
- 2:20:42we're at over here where, you know,
- 2:20:44really it's a nothing day. I mean, two
- 2:20:47of those trades were accidents. We got
- 2:20:49nine minutes left. Okay, so listen,
- 2:20:51we're we're we're going to catch
- 2:20:52something here. I just need this little
- 2:20:53wick up a little bit more. There we go.
- 2:20:57Okay, so now I'm going to be placing a
- 2:21:00sell limit right at the top,
- 2:21:03right? I already have I didn't get
- 2:21:06filled there yet.
- 2:21:09And that's really what I'm hoping for. A
- 2:21:11push up and then a pullback. Look at
- 2:21:13that. Where what am I going for? I'm
- 2:21:14going for four points. Four points.
- 2:21:16What's my stop?
- 2:21:2020 points. Four points for 20 points.
- 2:21:22That's crazy. You know, it's not crazy
- 2:21:25if you win nine out of 10 of them,
- 2:21:27right? It it's it's math, right? If you
- 2:21:29win nine out of 10 trades and one L
- 2:21:32maybe takes, you know, pulls back five
- 2:21:34of your trades, you're profitable if you
- 2:21:36have a super high win rate. And I have a
- 2:21:3790% win rate. You could see, like I
- 2:21:39said, I post everything. I'm not selling
- 2:21:41anything. Uh I post I share everything.
- 2:21:44So you can always see what I'm up to.
- 2:21:46Okay. Um I don't mind looking stupid.
- 2:21:51Look at that. Look at that. Can Can we
- 2:21:52celebrate that one? I think I got There
- 2:21:55we go. Celebrate that one, too. But you
- 2:21:57see what I'm talking about over there.
- 2:21:58Now look at my accounts. They're all up
- 2:22:00111 bucks. Okay? Now look, some uh some
- 2:22:05prop firms
- 2:22:07need a minimum of 10 second hold for
- 2:22:10every trade. If you have a prop firm
- 2:22:12like that, obviously you can't use the
- 2:22:14strategy. Now look, lots of times you'll
- 2:22:15have 10-second, 15-second, 30-cond hold.
- 2:22:18So if it's 50% of your wins have to be
- 2:22:20over a certain amount, fair enough. But
- 2:22:23the beauty about MFFF, my funded
- 2:22:26futures, is I believe their micro
- 2:22:27scalping strategy is not timebased. It's
- 2:22:30point-based. So I think you need to get
- 2:22:32at least three points. I believe, check
- 2:22:34the rules, but I believe you got to get
- 2:22:36at least three NQ points to not be
- 2:22:39microscaling. And these are four ENQ
- 2:22:41points. So you see over here, if you're
- 2:22:43looking to just copy trade a few trades
- 2:22:46a day,
- 2:22:48you can you can do this one or two one
- 2:22:52or two trades like this a day, make a a
- 2:22:54quick couple hundred and just move on
- 2:22:56with your day. Okay? I know it's not
- 2:22:58exciting. I know it's not being that um
- 2:23:02that amazing trader that you want to be,
- 2:23:05but it's constant payouts, guys. Okay?
- 2:23:08That is what you got into trading for
- 2:23:10the constant payouts. You got into this
- 2:23:12for the money. You got to remember that
- 2:23:14they the people who tell you you got to
- 2:23:16learn more and this and that are the
- 2:23:17people selling you stuff. They want you
- 2:23:19to pay for their Discord. They they're
- 2:23:21selling you stuff. Of course, they want
- 2:23:22you to keep learning. If they know that
- 2:23:24you could just make money off four
- 2:23:25points on a Wix. I mean, they know it,
- 2:23:27but if they taught this to you, you
- 2:23:28wouldn't have to pay them anymore.
- 2:23:30Right. Here we go. We're going for this
- 2:23:31wick fill. And then I might do a buy
- 2:23:33limit at the bottom of this wick. But I
- 2:23:34need this wick to get filled first. It's
- 2:23:37not just buy sell at every wick, of
- 2:23:39course, right? Like I'm I'm I'm aiming
- 2:23:42I'm looking for something to happen
- 2:23:44before I place these trades, but it's
- 2:23:46usually once per candle. We already got
- 2:23:48our 100 bucks off this candle or 70
- 2:23:50bucks off this candle and you pay me.
- 2:23:52Yeah, you see the license plates, right?
- 2:23:53And now if you go to my Twitter, Forex
- 2:23:55Ike, you'll see my new license plate.
- 2:23:57It's on there. It's worst RR. That's my
- 2:23:59license plate. I'm proud of it, bro. I'm
- 2:24:01proud of having the worst RR. Okay? You
- 2:24:03know why? Worst RR constant payout. So,
- 2:24:06so what do you want? You want a high R
- 2:24:08and trade great but never get payouts?
- 2:24:11Or do you want to not trade great and
- 2:24:13have a terrible R but get payouts every
- 2:24:15week? Like, what do you want, guys? What
- 2:24:17do you want? You want the money. We all
- 2:24:20want the money. We want the money.
- 2:24:22That's why we're here, right? We're all
- 2:24:23here for money. So, let's focus. Focus
- 2:24:27on the cash. Okay? That's what we're
- 2:24:29here for. How long do you trade a day? I
- 2:24:32usually have the screen open while I'm
- 2:24:33doing other stuff or looking at my
- 2:24:35phone. So, I wouldn't say I there's not
- 2:24:37like a certain amount of time that I
- 2:24:38trade, but I'm looking at my screen
- 2:24:42pretty much throughout the day, you
- 2:24:43know, but once I make, let's say, 3 400,
- 2:24:45I am done.
- 2:24:46>> Uh, especially copy trading or I'll move
- 2:24:48to another account, something like that.
- 2:24:49But, um, I don't trade really in the at
- 2:24:539:30, like 9 like 8 I won't trade from
- 2:24:56like 9:15 to like 9:45. I just let that
- 2:24:59kind of settle. And I don't trade really
- 2:25:02after like 3:15ish just because it's a
- 2:25:04little it gets a little crazy. Look, I
- 2:25:06might get into another scalp here. Get
- 2:25:09price to push up a little bit more. A
- 2:25:11little bit past that. Let me get into a
- 2:25:13sell limit. Little bit. Can I get into a
- 2:25:16little sell limit? A little bit. Can I
- 2:25:18get a little bit? Can we go a little
- 2:25:19higher? Get a little sell. Okay. I think
- 2:25:21I might put in a sell limit if we can go
- 2:25:23a little higher. Let's try Let's try one
- 2:25:25more cell limit right here. Oh, almost.
- 2:25:29Almost.
- 2:25:33Almost. Now look, we start pulling back.
- 2:25:35I'm going to cancel the sell limit.
- 2:25:38See, look at that. What's that? What?
- 2:25:40What do the kids call that? One tick
- 2:25:41away.
- 2:25:43Still going up. Okay, so we didn't get
- 2:25:45we we didn't catch this one. I might
- 2:25:48close this one, too. We got four more
- 2:25:49minutes here. I would love to catch
- 2:25:50another trade for you guys. Hopefully
- 2:25:52not an L, right? Like um but you see,
- 2:25:54look, if we were copy trading these
- 2:25:56funded accounts, let's say these were
- 2:25:58all funded over here, right? you'd be up
- 2:26:00almost $500 already for the day. There
- 2:26:03we go. We're in one.
- 2:26:05Let's see where we can go over here.
- 2:26:11Let's see. See, can you give me like 80
- 2:26:14bucks over here? Call it a day. Oh, we
- 2:26:16were almost there. Let's get one more
- 2:26:17push down. Call it. Uh, can we get a
- 2:26:20push down?
- 2:26:23Can we get a push down?
- 2:26:25Let's see. I'm going to have to close
- 2:26:27this out in a minute. Oh, bro. All
- 2:26:30right. Am I getting edged? Is that what
- 2:26:32the kids call it? Am I getting edged? We
- 2:26:34got to be out. All right. We're We're
- 2:26:36We're about
- 2:26:38Did I just get edged? Did your boy get
- 2:26:40edged? Let's see. I'm going to get out
- 2:26:43of this trade. This is taking too long,
- 2:26:45guys.
- 2:26:47You know, I'm You know, I want that
- 2:26:48quick hit. Um I'm going to close out.
- 2:26:57Can we Can we Can we No. Can we Can we
- 2:27:02go another four point? I just All right.
- 2:27:04We are going the wrong way right now.
- 2:27:08Let's see. We're not giving up.
- 2:27:12We're going up. Let's see.
- 2:27:14But yeah, look. I I I I get what
- 2:27:17everyone's thinking. This is crazy.
- 2:27:19You're risking so much to win so little.
- 2:27:21I know. I know what you're thinking,
- 2:27:23bro. I've been there. I've been where
- 2:27:25you are. I know the thoughts like that
- 2:27:28doesn't make sense. But think about it
- 2:27:29like this. 99% of traders agree with
- 2:27:32you. It doesn't make sense, right? And
- 2:27:3399% of traders are not profitable. So if
- 2:27:37you want to be different than them, you
- 2:27:39don't need to invent anything new. You
- 2:27:41just need to say, "Oh, you guys do that.
- 2:27:43I'm not going to do that." Right? Like
- 2:27:45that's what you got to do. Of course,
- 2:27:47there's exceptions to every rule. I
- 2:27:49know. I know. I know. It's 11:30. I also
- 2:27:51don't like being in candles at this
- 2:27:52time. 11:28. Almost time to hand this
- 2:27:54off to the one and only Myth and Husk,
- 2:27:58two goats in the game. Uh definitely
- 2:28:01stay by to see this. Like, subscribe,
- 2:28:03all that. Uh a share. I'll be here every
- 2:28:06Wednesday. Let's see if we can end this
- 2:28:08day with one more W or if we're going to
- 2:28:10end it with an L, right? Like we got to
- 2:28:13keep it real. We got to show the good
- 2:28:15and the bad. You know, there's good to
- 2:28:16this micro scalping and there's bad to
- 2:28:19the microscaling.
- 2:28:20So, let's let's just uh let's just see,
- 2:28:23you know. I mean, um
- 2:28:25because right now once you're in this,
- 2:28:27right, we are we're in it. We're in it.
- 2:28:30Ain't got nothing going to do. So, we
- 2:28:31just want this pullback. We just want a
- 2:28:34nice little pullback over here. We're
- 2:28:36not asking for much. All right. So, what
- 2:28:39we got? 1128.
- 2:28:42We got another few. Uh feel like I
- 2:28:45should just get out of this trade
- 2:28:47because I also when another thing with
- 2:28:49microscops, right? Once you're in it for
- 2:28:50like two, three minutes, bro, it's like
- 2:28:54we don't want to be in it anymore,
- 2:28:55right? Let's let's take this. Three,
- 2:28:58two, one.
- 2:29:00Just took it pretty much be that's fine.
- 2:29:03There's nothing wrong with be. It's
- 2:29:0511:30 there. Now it would have been PP.
- 2:29:08Okay, dude. That's fine. We don't care.
- 2:29:10We get in the next one. That's the
- 2:29:11beauty about fiveminute candles. That's
- 2:29:13the Look, look at that. Would have been
- 2:29:14beauty. It would have been beautiful if
- 2:29:16I had a little more coonas. It's Italian
- 2:29:18for uh guts. Uh if I would have had a
- 2:29:21little more coonas there, I would have
- 2:29:23uh got another 70 to show you guys. But
- 2:29:24it's okay. We're going to keep it going.
- 2:29:26Um again, my t h o d man. Myth myth and
- 2:29:31husk coming up live. Come back next
- 2:29:34Wednesday. Tell people you liked it.
- 2:29:36Tell people you loved it. Share it. Tell
- 2:29:38everybody. Tell your mama. Tell your
- 2:29:40sister. I bought a little popper just
- 2:29:42for fun. That's what the
- 2:29:45God damn, that was loud. Anyway, thank
- 2:29:48you guys. Thank you. I don't know how
- 2:29:51the transition goes now, so uh I'll just
- 2:29:54do a little dance while we uh while we
- 2:29:55transition out. All right. Thank you
- 2:29:57guys again. You see you see you you you
- 2:30:00see what I'm doing. You see what I'm up
- 2:30:01to?
- 2:30:03All right.
- 2:30:05Let's do it, guys. Thank you. Thank you.
- 2:30:07Thank you. Like, subscribe, follow me on
- 2:30:09Twitter, hit me up anytime. I'm here to
- 2:30:11help. I do it for the love of the game.
- 2:30:13You can all make money. I believe in
- 2:30:15you. Take it away.
- 2:30:31>> Good morning.
- 2:30:32>> Good morning, guys. How's everyone doing
- 2:30:34today? Hopefully none of you guys
- 2:30:36struggled as bad as I did today.
- 2:30:38>> Oh.
- 2:30:39>> Oh, yeah. I was I was straight up
- 2:30:41struggling bus
- 2:30:44all morning.
- 2:30:45>> They they changed it for a second. I was
- 2:30:47on your screen, husk, and I was going to
- 2:30:48say he's much more handsome today.
- 2:30:52>> Nice.
- 2:30:52>> But they fixed it.
- 2:30:53>> No, no. What what happened is it's not
- 2:30:55that I didn't have the right direction
- 2:30:57pick. What it was was the stop loss was
- 2:30:59what was getting me. I couldn't
- 2:31:01withstand those 40 point stop losses
- 2:31:03this morning. And anybody that knows
- 2:31:05that usually follows me in the morning,
- 2:31:06we we always kind of keep a very like 20
- 2:31:0925 max, but it was just ripping down 40
- 2:31:12or 50 points this morning. And I just
- 2:31:14could not withstand that stop loss
- 2:31:16without taking like massive loss. So we
- 2:31:18just, you know, just had to take the
- 2:31:20loss and walk away. So that's kind of
- 2:31:21what happened with the funded. I'll make
- 2:31:23a little recap of the the video and I
- 2:31:26can go back and look at my mistake.
- 2:31:27Basically the mistake was I should have
- 2:31:29waited for the next fiveminute candle.
- 2:31:31>> Nice. So you took a little red this
- 2:31:34morning.
- 2:31:35>> Yeah. On funded and eval. So we even
- 2:31:39lost one on the old Eval there also.
- 2:31:42>> Well, that's all right. Red's going to
- 2:31:44happen, right? They're going to happen.
- 2:31:45A part of the game. It's a part of the
- 2:31:47game. What are you gonna do?
- 2:31:50Um kind of just grinding higher today. I
- 2:31:53mean, it's kind of I would say it's sort
- 2:31:55of similar to yesterday.
- 2:31:58>> Yeah, a lot of tug and pull. This
- 2:32:00definitely has a Asian market uh like
- 2:32:03feel to it. I don't know if any of you
- 2:32:04guys trade that Asian market, but
- 2:32:06usually this is a type price action you
- 2:32:08get in the Asian market without the
- 2:32:10movement. You'll get a lot of like tug
- 2:32:12and pull. You'll move up like 20, 30,
- 2:32:14you know, five, 10 points, pull back,
- 2:32:16move up five or 10 points, pull back.
- 2:32:19And that was kind of the price action we
- 2:32:21were dealing with today.
- 2:32:24I'm watching the 21 EMA here on the
- 2:32:26two-minute chart. We've touched it a
- 2:32:27couple of times on the way up and kind
- 2:32:29of held it every time.
- 2:32:32Um, I'm going to see how price kind of
- 2:32:34reacts to this area. We may take a stab
- 2:32:36here long.
- 2:32:39>> I think the one thing that I struggled
- 2:32:41with today methodical was uh watching
- 2:32:43the ES. I think the ES is messing with
- 2:32:46me ever since I've tried to start
- 2:32:47watching the ES again because it's it's
- 2:32:51kind of hindering like my instincts of
- 2:32:53taking the breakouts because I'm sitting
- 2:32:54there watching the ES and I see the ES
- 2:32:56getting stuck but at the same time the
- 2:32:58ENQ is trying to push so it's definitely
- 2:33:00been messing with me to do that.
- 2:33:03>> Yeah. What you got to know what you got
- 2:33:05to understand when you watch the ES is
- 2:33:06like it's going to move slower, right?
- 2:33:08So, even if it's one point away from a
- 2:33:11key level and you need 10 on the ENQ,
- 2:33:13you're still probably going to get it.
- 2:33:15It just uh I don't know. It's just one
- 2:33:17of those things. It's a comfortable. The
- 2:33:19more you do it, you either get more
- 2:33:21comfortable with it or if it's messing
- 2:33:22with it, just put it away. No big deal.
- 2:33:25>> Thank you guys for the good mornings.
- 2:33:27>> You guys haven't already hit the like
- 2:33:29button for us. Let's get the likes
- 2:33:30going. A little low on likes today. 253
- 2:33:32likes. That's pretty sluggish. What a
- 2:33:35you guys pounded almost 300 likes by
- 2:33:38this time of the morning.
- 2:33:39>> So, I do like a like a 135 bounce if we
- 2:33:42can get down there.
- 2:33:44>> Um I don't know if it makes it there,
- 2:33:46but that's where I'll be watching. And
- 2:33:48if we uh kind of start to push back up
- 2:33:50here in a minute, I may still uh
- 2:33:54I may still participate. As you guys
- 2:33:57will see, I'm on trade of eight this
- 2:33:58morning because uh my quanter is not um
- 2:34:02treating me well today. So, we're on
- 2:34:06trade of eight. Uh however, this is not
- 2:34:09the challenge account, but I will be
- 2:34:10executing the challenge account. I'll
- 2:34:12drag it over if we enter.
- 2:34:14So, we are on uh Quan I'll be executing
- 2:34:17on Quant to Tower on the challenge.
- 2:34:20So,
- 2:34:20>> what's going on with your Quan Tower? Is
- 2:34:22it just
- 2:34:22>> It's being super laggy and I don't I
- 2:34:24don't know what's going on. I think I I
- 2:34:26think I heard you say that.
- 2:34:27>> Yeah, I don't know why. It's just being
- 2:34:28laggy today. It was like that yesterday
- 2:34:30afternoon. And um I just don't like
- 2:34:34dealing with it like that. So
- 2:34:37>> price I mean and it's the only platform
- 2:34:39Ninja's moving fine. Trade of evade's
- 2:34:40moving fine.
- 2:34:42>> Uh so I may um delete Quant tower
- 2:34:44completely and reinstall it. So uh let's
- 2:34:49see here. One, if we get back above 185
- 2:34:52here, I'm probably going to stab
- 2:34:55for uh
- 2:34:57I may go three micros.
- 2:35:00>> All right.
- 2:35:01>> And it'll be about a 20 point stop.
- 2:35:05So,
- 2:35:06but we got to get back above 185 in
- 2:35:09order for that to happen.
- 2:35:11The stop will be at the most current
- 2:35:13swing obviously swing low or uh I think
- 2:35:17a better idea is to buy 135.
- 2:35:21I was kind of hoping that we would get
- 2:35:22this big fiveminute trend line break for
- 2:35:24the lunch hour.
- 2:35:26>> Yeah, we might. You never know. We're
- 2:35:28kind of testing the two-minute here as
- 2:35:29well.
- 2:35:31So,
- 2:35:31>> but I also thought that yesterday and I
- 2:35:33got burnt. So,
- 2:35:37got burnt.
- 2:35:39>> Let's see what happens.
- 2:35:42>> How was uh everybody else's trading in
- 2:35:43the lobby today? Did most of you guys
- 2:35:45farewell on this uh choppy just grindy
- 2:35:48price action? I am not going to lie, I
- 2:35:50usually struggle the worst on this type
- 2:35:52of price action when we're just
- 2:35:53grinding, pulling back, grinding and
- 2:35:55pulling back because most of the time
- 2:35:57I'm such a tight stop-loss person that
- 2:36:00most of the time I'll just get stopped
- 2:36:02out.
- 2:36:04>> All right, I'm in here.
- 2:36:05>> All right, methodical is going long.
- 2:36:07Nice on the green there, uh, Michael,
- 2:36:12I'll pull this chart over for the trade,
- 2:36:14but you can see how it's like it's real
- 2:36:15I don't know. It's just real glitchy.
- 2:36:19So, we might get stopped down
- 2:36:20immediately here
- 2:36:23potentially.
- 2:36:29Just an EMA play here. Um, again, I do
- 2:36:32like it a little bit. I like the 135
- 2:36:34area better, but this just tagged me in
- 2:36:36and then uh it's pulling back. So,
- 2:36:38>> man, you've been getting fight trading a
- 2:36:40trend. Yeah, that that sucks, man.
- 2:36:43Today's been one of those days.
- 2:36:48Let's see here. I'm going to go I'll
- 2:36:50probably try to get a if we can um
- 2:36:53we'll see if we can't get a
- 2:36:57if we don't get stopped out. Let me get
- 2:36:59a potential runner going.
- 2:37:03We'll go 19475.
- 2:37:05I'll take two off there and see if we
- 2:37:07can't run into like 225.
- 2:37:10>> Yeah, I got to say this is one of the
- 2:37:11the worst days to buy breakout candles.
- 2:37:13I think if you try to buy any breakout
- 2:37:15candle today, you'll just get wrecked
- 2:37:17because every single candle you think is
- 2:37:19about to break out will always have that
- 2:37:2110 15 point pullback and then you're
- 2:37:23just you got today's one of these days
- 2:37:25you got to have your stop loss in the
- 2:37:27right place cuz I did that on the inside
- 2:37:30bar. We took the inside bar this
- 2:37:31evening. Did you take the inside bar
- 2:37:33methodical?
- 2:37:34>> No, I didn't I didn't see it.
- 2:37:35>> I mean it paid 50 points but you had to
- 2:37:38have a 50 point stop loss. So, there was
- 2:37:40just like I did I played it, but there
- 2:37:42was just no way for me to have the the
- 2:37:44right stop loss on that uh inside bar.
- 2:37:48>> Well, if you go one micro, it's fine,
- 2:37:50right?
- 2:37:53>> Yeah, we went in three.
- 2:37:56That that that was with the uh eval
- 2:37:58though this morning. That was the one we
- 2:38:00took the loss on the Eval was the uh
- 2:38:03whatchamacallit.
- 2:38:04>> So, you didn't put the stop where you
- 2:38:06needed to is what you're saying. No, no.
- 2:38:07We just had a hard stop of about 25
- 2:38:09points, so that ended up just costing
- 2:38:12us.
- 2:38:13>> Gotcha.
- 2:38:14>> All right. So, you're long from 84.
- 2:38:16>> 8475. Yeah.
- 2:38:18>> All right.
- 2:38:19I'm watching the ES here again. It's
- 2:38:21kind of right there at the 33s. Uh 35 is
- 2:38:24going to be some resistance. It's where
- 2:38:26we kind of got knocked down at a moment
- 2:38:28ago. So,
- 2:38:30we'll see if it wants to go or not.
- 2:38:33I don't know. I'm not sure.
- 2:38:38We're not moving around very much. ATR
- 2:38:40is currently 13 points, which is pretty
- 2:38:44pretty sluggish.
- 2:38:48Pretty sluggish here.
- 2:38:51But we'll see kind of what happens.
- 2:38:54I think if we get if we can get back
- 2:38:56above my entry here, we can start to get
- 2:38:57a little movement. But until that, you
- 2:39:00know, it's probably going to just mess
- 2:39:02around.
- 2:39:04Yeah, I'm kind of hoping we can hold off
- 2:39:05to the top of the hour here for myself
- 2:39:07to look for entry and see if we can get
- 2:39:10that um like uh that new hourly candle
- 2:39:14to pop here.
- 2:39:16>> Got a new fiveminute candle here in
- 2:39:17about 25 seconds. Let's see what that
- 2:39:19does.
- 2:39:20>> Nice on passing your uh eval there.
- 2:39:27We might get stopped out here. I'm not
- 2:39:29like I like these trades to go quickly.
- 2:39:32I don't like it to kind of just dance
- 2:39:33around. But of course, nothing is really
- 2:39:37moving quickly today, right?
- 2:39:40>> It's that Asia vibe, man. The Asia vibe
- 2:39:42in the the New York session.
- 2:39:44>> We don't want the Asia vibe. We need the
- 2:39:46New York vibe. Bring the New York vibes.
- 2:39:49>> That's that's what's happening here
- 2:39:51because that's what happens to me in the
- 2:39:53Asia market, man. I always get freaking
- 2:39:56hammered on the going to break even too
- 2:39:58fast. Today is definitely not a day you
- 2:40:00can go to break even.
- 2:40:02Yeah, you're not wrong.
- 2:40:05Um, as I start to move the stop. No, I'm
- 2:40:07just kidding.
- 2:40:09As we move it to break even to break
- 2:40:11even.
- 2:40:12>> Oh, let's get it to go.
- 2:40:15>> Come on, push. I need ES to get to at
- 2:40:18least test that 35 and get above there
- 2:40:20would be nice. Um, otherwise it's just
- 2:40:24going to continue to hold up here.
- 2:40:28So ES is at 34. Actually 36. Needs to
- 2:40:32test 36. So it's got a little bit of
- 2:40:33ways there to go.
- 2:40:38We'll get it again in August. Maybe.
- 2:40:40Maybe. Who knows?
- 2:40:42If it t if it can at least take me out
- 2:40:45of the first two here, I'd be very I'd
- 2:40:47be very uh grateful of it.
- 2:40:50I'd be very grateful.
- 2:40:52>> I think the one thing that I you know,
- 2:40:54we're talking about the Asia market. The
- 2:40:55one thing I struggle with the Asian
- 2:40:57market is sometimes like determining
- 2:40:59like the the trend, which way we're
- 2:41:00going to go. Sometimes that's probably
- 2:41:02my biggest struggle with the Asian
- 2:41:03market. It seemed like a like last night
- 2:41:05I literally bought the bottom on the
- 2:41:07Asian market and just got stopped out
- 2:41:09right away. Even though if you're
- 2:41:11willing to the the good thing about
- 2:41:13trading Asia, most of the time it'll
- 2:41:15come back to your entries, but I didn't
- 2:41:18want to take that chance last night,
- 2:41:19especially with, you know, that random
- 2:41:21news that happens in the middle of the
- 2:41:22night. Let's go.
- 2:41:25So there's the first target. You guys
- 2:41:26can see how my stuff is lagging. It's so
- 2:41:29laggy. I think I am going to just take
- 2:41:31this off at the high here.
- 2:41:34So stop to break even there. See if we
- 2:41:36can squeeze the high here.
- 2:41:38ES is at the 36. So I might just take
- 2:41:40it.
- 2:41:42Let's see here. What was the ES?
- 2:41:45Possibly can get that push up to what 40
- 2:41:48I think is what I saw earlier on the ES.
- 2:41:50Yeah, if it gets through there,
- 2:41:55>> if the ES can break the 40, we should
- 2:41:57get a nice little jump because that's
- 2:41:59kind of what happened this morning when
- 2:42:00we broke that uh what 26. We got that
- 2:42:03little pop, but it's so hard to catch
- 2:42:05those whenever we're, you know, it kind
- 2:42:08of pops off like that.
- 2:42:10>> All right, I'm taking that off there,
- 2:42:11guys. Back over here to the quant to the
- 2:42:13uh trade of it chart.
- 2:42:16>> What time is it? Man, we still got about
- 2:42:1915 minutes for top of the hour. I was
- 2:42:21hoping we could wait till the right at
- 2:42:22the top of the hour cuz I'm hoping we
- 2:42:24get that lunchtime pop where a lot of
- 2:42:25times we get that little push right here
- 2:42:27at the lunch hour. We still got about
- 2:42:29what 2 minutes left on this what five
- 2:42:32minute candle. Yeah, I mean I think this
- 2:42:34thing still goes. I mean I have an idea
- 2:42:36that it's going to pop into like the 220
- 2:42:38which was going to be my target but
- 2:42:41I don't know. Just kind of you know
- 2:42:44paperhanded the runner there a little
- 2:42:45bit but that's okay. We're up $59. We'll
- 2:42:48take it.
- 2:42:50Can't complain. A little $60 winner.
- 2:42:54Yeah, Max is good. He's uh he's been
- 2:42:56really good. He's over there sleeping.
- 2:42:57He's actually been relatively back to
- 2:42:59normal for the most part.
- 2:43:01Pretty much back to normal. So,
- 2:43:04>> are you Did you uh turn him loose where
- 2:43:06he can just run around the whole house
- 2:43:08and just do whatever he wants or what?
- 2:43:09Are you been
- 2:43:10>> uh No, he's still just kind of limited
- 2:43:12to my my room unless I leave the room.
- 2:43:15So,
- 2:43:18unless I leave the room, he's stuck in
- 2:43:19the room. So, now ES is up to 37 here.
- 2:43:21It looks like it's wanting to squeeze.
- 2:43:24We probably get that run into 26 220
- 2:43:26now.
- 2:43:27>> I'm going to I'm going to wait another
- 2:43:29minute and see if this next fiveminute
- 2:43:30candle can kind of print and wick back
- 2:43:32into the support levels at the 200s.
- 2:43:35Then maybe we'll try to take something
- 2:43:37off the uh 200s here.
- 2:43:39>> And we're only 50 or 60 points off of
- 2:43:41all-time highs, guys. So, let's keep
- 2:43:43that in mind.
- 2:43:44Oh, I thought all time highs was all the
- 2:43:46way up at 700. I didn't know we were
- 2:43:48that close to alltime highs.
- 2:43:50>> Is it? Or do I have it marked out wrong?
- 2:43:51Let me double check.
- 2:43:53>> I thought it was up there around 700 or
- 2:43:55so.
- 2:43:56>> Yeah, you could be right. Let me double
- 2:43:57check.
- 2:43:59Let's pull up the daily.
- 2:44:03I don't have the daily pulled up. So,
- 2:44:05let's see. Oh, yeah. You're actually
- 2:44:06right. Yep. Yep. Yep.
- 2:44:08>> Yeah, cuz I went and looked at that the
- 2:44:09other day cuz I was curious myself about
- 2:44:11alltime highs. I didn't mark out
- 2:44:13anything above there. 26883 actually.
- 2:44:16So, we're quite a ways from the 600
- 2:44:17points.
- 2:44:20600 points.
- 2:44:23>> All right, we got about 20 seconds left
- 2:44:26on this 5minute candle.
- 2:44:28>> We do have relatively equal highs at the
- 2:44:31260 area on the hourly.
- 2:44:35So, maybe that's where we're going.
- 2:44:37We'll see.
- 2:44:40We shall see. I'm still in just buy dip
- 2:44:42modes either way.
- 2:44:50So,
- 2:44:52there's a new 15-minute candle there.
- 2:44:59>> Let's see here. Let's see if we can get
- 2:45:01the pop here. Don't know if we will
- 2:45:02without maybe a pull back into the 90s.
- 2:45:04I feel like it needs to kind of pull
- 2:45:06back into the 90s.
- 2:45:10>> Yeah. I mean, I would I would tend to
- 2:45:11agree. I don't know that we get it,
- 2:45:13though. We kind of want to see ES hold
- 2:45:15above 36 since it just fought to get
- 2:45:17above there. Want to see that resistance
- 2:45:19kind of turning into support
- 2:45:22um right there on the ES.
- 2:45:26Let's see. I dropped my phone.
- 2:45:30Got to pick it up.
- 2:45:34>> We're going to see if we can take a look
- 2:45:36for a 10point stab up to 20 here. And I
- 2:45:38may even go to break even really fast
- 2:45:40because I hate the pullbacks that we're
- 2:45:42getting on this stuff.
- 2:45:45>> Husk is long. Let's go.
- 2:45:49>> And that's burnt me most of the days.
- 2:45:51Keeping these tight stop loss. Man,
- 2:45:52that's kind of what I was thinking is if
- 2:45:54that 10 needs a 90 pullback here.
- 2:45:58You do have an unbalanced gap down there
- 2:45:59at the 95. But
- 2:46:02I always ask myself like, does it have
- 2:46:04to get to it? I don't think so.
- 2:46:07I don't think so.
- 2:46:15I might stab if we actually pull back to
- 2:46:1795, but not on the challenge account.
- 2:46:19Maybe on just this regular eval.
- 2:46:22Anybody pick up any of the pogo
- 2:46:23accounts? I know the sale ended, but
- 2:46:24anybody pick up the accounts? I bought
- 2:46:26myself two.
- 2:46:28>> I know. Did anybody have any luck
- 2:46:29passing? Like just like
- 2:46:32>> we're going to do our best to pass it in
- 2:46:34one day or two.
- 2:46:35>> Well, you have to. It's two days on the
- 2:46:36uh
- 2:46:38>> only the pros. You can add the you can
- 2:46:40add the one day to pass.
- 2:46:42>> Code YouTube obviously is still giving
- 2:46:44you the best deal on the other accounts
- 2:46:46if you want to pick some up.
- 2:46:49>> But yeah, the pass one get one really
- 2:46:51good deal.
- 2:46:54It does feel that way, right, Roinga?
- 2:46:56Alltime highs feels like that. That's
- 2:46:58where we're going.
- 2:47:00>> Yeah, I think I'm just going to keep a
- 2:47:0110point stop loss on this. Um, I really
- 2:47:04don't want us back below the 200s just
- 2:47:06because we've got such a huge fiveminute
- 2:47:08trend line and I don't want to keep
- 2:47:10digging myself in a deeper hole over
- 2:47:12here.
- 2:47:14I don't hate that entry. The only thing
- 2:47:16I say is like, you know, it could still
- 2:47:19pull back to 295.
- 2:47:21It still could.
- 2:47:24So, I mean, I guess if you want to save
- 2:47:25some points there, would still make
- 2:47:28sense to keep a tight stop.
- 2:47:31I know what the other day it stopped me
- 2:47:33out with one point then ripped back up
- 2:47:36>> 195. I mean, not 295. I think I said
- 2:47:38295.
- 2:47:40You guys know what I meant. I may even
- 2:47:42take a stab at the 195 on this. Uh,
- 2:47:48what happened there?
- 2:47:55I'm trying to put an order on and I'm
- 2:47:57getting some uh really bad latency over
- 2:47:59here. Let me refresh.
- 2:48:04Huh. It's weird.
- 2:48:08A little weird.
- 2:48:11It's not letting me put an order on.
- 2:48:17>> Yeah, I see the
- 2:48:21>> You know what'll happen? It'll
- 2:48:23automatically pop up and I'll be in
- 2:48:24three or four.
- 2:48:27We can't have that.
- 2:48:30can't have that.
- 2:48:33>> I'm hoping we at least get a whole
- 2:48:34number run. That's kind of what we're
- 2:48:36looking for here, guys. Is a lot of
- 2:48:37times we'll push up to say the uh
- 2:48:41the ES must have just popped that
- 2:48:43support level or something cuz that was
- 2:48:45some crazy price action.
- 2:48:47>> It came down and tested it and now it's
- 2:48:49pushing. Oh,
- 2:48:51>> we do have the uh we have uh we're
- 2:48:54entering the macro here in about 45
- 2:48:56seconds.
- 2:48:59We also got the max signal. I don't know
- 2:49:00what it means. It either means squeeze
- 2:49:04it
- 2:49:05or not, you know. I don't know.
- 2:49:10I don't know why I can't. Okay, now it
- 2:49:12lets me buy. I just randomly pressed the
- 2:49:14buy button and it worked this time. But
- 2:49:17when I'm trying to do a chart trade,
- 2:49:18it's not working.
- 2:49:20>> Dude, come on. Oh, looks like we're on a
- 2:49:2310point struggle bus today, guys.
- 2:49:26What is going on here?
- 2:49:31This thing is not letting me. Uh, I
- 2:49:33guess I'll have to use an ATM strategy.
- 2:49:35I don't know.
- 2:49:38>> It's not letting me use my chart trader.
- 2:49:41So,
- 2:49:44I did not want to see a new fivem minute
- 2:49:46candle here.
- 2:49:49>> You're probably fine. What do you look
- 2:49:51for? 220.
- 2:49:53>> What's that? Yeah. first target 19
- 2:49:55there.
- 2:49:57>> Yeah, but usually whenever you get a
- 2:49:59fiveminute candle that's struggling with
- 2:50:00the no body, a lot of times it's such a
- 2:50:04without some kind of deep pullback.
- 2:50:08That's the only thing about these weird
- 2:50:10looking five-minute candles. If you
- 2:50:11trade five minutes, a lot of times I'm
- 2:50:13usually not a fan once we get like a,
- 2:50:15you know, a fairly big wick with a small
- 2:50:17body. So, usually I'm not a fan of the
- 2:50:19five-minute candles on those entries. I
- 2:50:22prefer like the full body light wickly
- 2:50:24wick pullback and then a pop. So,
- 2:50:29>> oh, I think this might be why. Is this
- 2:50:31why?
- 2:50:33Ah,
- 2:50:35okay. Now I see it. What was happening?
- 2:50:42Now we see uh what is the yes at here?
- 2:50:48>> ES sitting at 36, which is right where
- 2:50:50you want it to be. You want it to hold
- 2:50:51above 36 there. Find some support. Keep
- 2:50:53going.
- 2:50:55I will tell you it' be a really good
- 2:50:57sign if the 2minut can kind of close
- 2:50:58above like 211 here. That'll be a great
- 2:51:00sign.
- 2:51:04If the two-minute can do it, can it
- 2:51:06muster it? I don't know.
- 2:51:10Does it have enough mustard?
- 2:51:12I'm going to long 196 uh just on the
- 2:51:16just on an eval.
- 2:51:20I'll take 10 points and then I'm going
- 2:51:22to look for a runner into like 225
- 2:51:26on an eval if we get pulled back there.
- 2:51:34Again, ideally this closes above 211 and
- 2:51:37just goes for hust is trying to push
- 2:51:40below that 36 level. Yeah, but a trap
- 2:51:43below it is not the end of the world. If
- 2:51:45it gets a little just a little trap
- 2:51:47below it and then uh squeeze it.
- 2:51:52Pump it for husk. That's right. Let's
- 2:51:53get it up there. Pump,
- 2:51:57guys. You guys help us get above the
- 2:51:59300.
- 2:52:01We need about 22 more likes, guys, to
- 2:52:03get that magical 300 likes.
- 2:52:06>> Maybe it'll continue to squeeze if we
- 2:52:07can get 300. I don't know.
- 2:52:10push.
- 2:52:11>> If we get a close above 211, I will take
- 2:52:13a stab into the 220s.
- 2:52:17>> We need a methodical man to get under
- 2:52:19that uh candle so he can start beating
- 2:52:20it with a a stick there. Give us a
- 2:52:22little bit of nudge.
- 2:52:24>> Give it a push up.
- 2:52:26>> Yep.
- 2:52:27>> Camp it. I'll do my best.
- 2:52:30>> Let's Let's get the Let's get the
- 2:52:31magnets on the screen. I don't even know
- 2:52:34how you put those on there, but those
- 2:52:35always kind of trip me out. You got to
- 2:52:37draw the magnet at the top of your
- 2:52:39screen so you can uh get the uh the
- 2:52:42market to move up.
- 2:52:44>> I don't
- 2:52:44>> I don't have the magnet. I can't help
- 2:52:46you with that.
- 2:52:47>> No magnets. Methodical man's probably
- 2:52:50got the magnets on the wrong side over
- 2:52:52there. He's like, "No, pull down."
- 2:52:56>> Nah, we don't want to see Husk lose. We
- 2:52:58want him to win.
- 2:53:00>> We We'll We He'll lose the competition,
- 2:53:02but uh not the not the trade. All right,
- 2:53:07>> we will take the loss like a man if we
- 2:53:09>> you can win the battle and lose the war.
- 2:53:11You know, that's how it works.
- 2:53:12>> We will proudly support our baby face
- 2:53:15with our uh participation trophy for
- 2:53:17second place.
- 2:53:19>> Yeah, guys, uh the pre-ord this morning
- 2:53:21banged again. I mean, it's uh I don't
- 2:53:24know what is it three for three this
- 2:53:27week and last week it went four for five
- 2:53:30and then um the gold trades last night
- 2:53:34five for five.
- 2:53:36>> Oh,
- 2:53:37>> between six and 10. Really, really good.
- 2:53:40Um
- 2:53:42did really well last night. We made some
- 2:53:43money on the funded accounts trading
- 2:53:46gold last night. the trade of it
- 2:53:48accounts that I picked up. I will
- 2:53:50probably um move those over to strictly
- 2:53:54trading gold
- 2:53:56um going forward beyond today.
- 2:53:59So, yeah, we've been killing it on gold,
- 2:54:02guys. Killing it. I think I was up
- 2:54:04around $2 to $400 per account last night
- 2:54:06on gold. So,
- 2:54:08>> how did gold do to day in the New York
- 2:54:10session? How many trades?
- 2:54:11>> Um I took three trades and I took one
- 2:54:15off. So technically it looks like this
- 2:54:18one would have gotten stopped out. Uh so
- 2:54:21yeah during the New York it's not as
- 2:54:23good obviously. So you would have taken
- 2:54:26uh looks like two win three winners and
- 2:54:28three losers so far. So
- 2:54:32not ideal but that's just a little
- 2:54:34forward test I'm doing on gold during
- 2:54:36New York.
- 2:54:38It works the best in lower volatility.
- 2:54:40You know the strategy that we're trading
- 2:54:42lower volatility is best.
- 2:54:45Oh, we're gonna get a gonna be end up
- 2:54:48being a consolidation candle. Uh,
- 2:54:51don't we don't need no Sabo box.
- 2:54:54>> Yeah, a little Sabo box here. Nothing
- 2:54:55wrong with that. Sable box is fine.
- 2:54:58>> Eventually, maybe get a little liquidity
- 2:55:00grab out the top of it and it get you
- 2:55:02what you need. We'll see.
- 2:55:03>> Kind of also a little fiveminute inside
- 2:55:05bar, too. So, I'm hoping that we just
- 2:55:07kind of wick below that inside bar and
- 2:55:09push out the top.
- 2:55:12>> Let me see here on the inside bar.
- 2:55:15Uh, I don't know if it's on the ENQ, but
- 2:55:17it is on the MNQ. So,
- 2:55:19>> it's on ENQ also.
- 2:55:21>> Okay.
- 2:55:22>> It is there indeed
- 2:55:26on the five minute. We just need to wick
- 2:55:28into 198. All right. I'm tagged in long
- 2:55:30here
- 2:55:32with you.
- 2:55:35Let's see if we can squeeze.
- 2:55:38And I got my stop down here at the 180.
- 2:55:41So,
- 2:55:43>> that'd be a big loss for me if I took
- 2:55:44that loss, man.
- 2:55:46>> Well, this is just on a regular eval.
- 2:55:48It's not on the challenge. So, I'd be a
- 2:55:49little more aggressive with the
- 2:55:53a little just a little more. Actually,
- 2:55:54I'm going to actually move my stop down
- 2:55:56to 175.
- 2:55:58>> Technically, that's where it needs to
- 2:56:00be.
- 2:56:01>> Yeah, it looks like we're about to get
- 2:56:03stopped.
- 2:56:06>> Need that 90 level to hold here. ES is
- 2:56:09back at the initial balance high here as
- 2:56:11well. 7031.
- 2:56:13Got top of the hour here in about 3
- 2:56:15minutes. So, let's see if we can
- 2:56:17squeeze.
- 2:56:19Yeah, Asia. Asia during the gold set.
- 2:56:21The gold trades during Asia is amazing,
- 2:56:23guys. I mean, like 93% win rate on that
- 2:56:27with a negative R trade. A negative R,
- 2:56:29you know, Ike would be proud.
- 2:56:31>> Yeah. Yeah. You got to have what, three
- 2:56:33to one, two to one or something like
- 2:56:35that. You're risking three to win one.
- 2:56:38So,
- 2:56:40>> three to one risk-to-reward there.
- 2:56:44>> Ike would be proud.
- 2:56:47>> Got a little poll in the chat here,
- 2:56:49guys. Which one's better for prop firms?
- 2:56:51Copy trading multiple accounts or
- 2:56:52rotating accounts? I like to copy trade.
- 2:56:55I do think rotating accounts is safer.
- 2:56:57Personal opinion.
- 2:56:59>> Yeah, I got that's how I took my three
- 2:57:01losses this morning because I was copy
- 2:57:03trading, guys.
- 2:57:06Yeah, nothing wrong with that. I mean,
- 2:57:07copy trading if you're feeling
- 2:57:08comfortable and it all comes down to
- 2:57:10discipline. If you're able to maintain
- 2:57:12discipline and copy trade and take the
- 2:57:15loss and walk away like Hus did today,
- 2:57:17nothing wrong with that at all.
- 2:57:21Yeah, we lost I think around 130 today
- 2:57:23on our funded accounts. So, but that's
- 2:57:26okay. We're still fairly close to our
- 2:57:29payouts. Less than like 800 bucks on
- 2:57:31each account. I think the closest one
- 2:57:33was at about 650. Um,
- 2:57:37so
- 2:57:38>> all right, get a little squeeze here. I
- 2:57:40think we break back above the two 200s
- 2:57:42here. You're going to see that push real
- 2:57:43fast into that um 215 220 area.
- 2:57:48So, I'm going to get my orders in here
- 2:57:50to kind of scale out a little bit.
- 2:57:56Uh, let's see. 206. There we go. So,
- 2:58:00we're going to scale out 206, 210, and
- 2:58:03215. Then, I'm going to hold a runner to
- 2:58:05225.
- 2:58:09So, what do you need over there, Husk?
- 2:58:11>> 16.
- 2:58:13>> 16. So, he just needs to break the high.
- 2:58:15>> Yeah,
- 2:58:15>> looks like we should get that here
- 2:58:17potentially back above the 200s. I like
- 2:58:19a squeeze. I don't see anything holding
- 2:58:22the ES down here. Got a small imbalance
- 2:58:25here on the two-minute chart. Let's see
- 2:58:27if we can just squeeze through that
- 2:58:28thing.
- 2:58:32If I could cover my eyes, I'd be like,
- 2:58:36"Oh goodness."
- 2:58:38>> You want to cover your eyes? What?
- 2:58:40>> No. No. I put the little emoji in there
- 2:58:42to the little dude that's like covering
- 2:58:44his face.
- 2:58:44>> Oh,
- 2:58:46here we go. Out of my first target
- 2:58:48there.
- 2:58:49>> Nice on the trade. Methodical.
- 2:58:51>> Let's see if we can get out of the next
- 2:58:53target. 20975 on the next.
- 2:58:57>> So what happened is Methodical turned on
- 2:58:58the magnets. He's like, "Let's get this.
- 2:59:00Let's get this." So hopefully we can see
- 2:59:03another retest of the 36 level. If the
- 2:59:05ES can retest that retest that 36, we
- 2:59:08should get the last 10 points we need
- 2:59:10here.
- 2:59:12>> I'm moving stop to break even. Here
- 2:59:15>> I'm at break even. Unfortunately, there
- 2:59:17are sometimes where you get that that
- 2:59:18opportunity to get out of the trade. I
- 2:59:20just hope that was not the opportunity
- 2:59:22for me to get out of this trade.
- 2:59:24>> I don't think so. I think a a really
- 2:59:26good close above like 205 here is going
- 2:59:28to be really good sign.
- 2:59:30>> Uh
- 2:59:32we're about to have a new fiveminute
- 2:59:34candle here in about 10 seconds. So,
- 2:59:36we'll just see what happens.
- 2:59:38>> I'm actually going to move my stop back
- 2:59:40down to the previous swing.
- 2:59:43Is this top of the hour? This is top of
- 2:59:45the hour.
- 2:59:48I'm going to put the stop where it needs
- 2:59:50to be. Actually,
- 2:59:52>> dude, just realizing it's the top of the
- 2:59:55hour there.
- 2:59:58All right. Should if we're going to go,
- 3:00:01this is where we go. ES kind of swept
- 3:00:03the low there. Grab some stops. Let's
- 3:00:05see if it's going to go. If ES closes
- 3:00:08below 7730
- 3:00:10and kind of just continues to push down,
- 3:00:11then uh we probably get stopped. That
- 3:00:14might be the little pullback that we're
- 3:00:16looking for.
- 3:00:19So, back above the 200. Let's see if we
- 3:00:21can squeeze.
- 3:00:24Squeeze it.
- 3:00:27Adam says, "Long the world." Let's go.
- 3:00:32I could add here potentially.
- 3:00:38>> Just looking for a little pop here.
- 3:00:41>> Just a little pop. Give Husk a little
- 3:00:43pop. That's all he needs. Nothing crazy.
- 3:00:47just a little pop.
- 3:00:53What scares me is the lunchtime
- 3:00:54reversal, you know, but yesterday we
- 3:00:57didn't get the lunchtime reversal. It
- 3:00:58just kept going up and up and up. I
- 3:01:00mean, that's the the issue some days
- 3:01:02where you get that caught in your mind
- 3:01:04where you're thinking, "Oh, we got to
- 3:01:05have the pullback. We got to have the
- 3:01:06pullback." To me, that's just what makes
- 3:01:08this price action so hard just because
- 3:01:10you keep anticipating that pullback. We
- 3:01:12never get one. It just constantly grinds
- 3:01:14on every move up.
- 3:01:16>> You also weren't in longs at noon
- 3:01:18yesterday either.
- 3:01:20>> No.
- 3:01:23>> Kind of wicks on both sides here on the
- 3:01:24two-minute.
- 3:01:29I'm considering adding here.
- 3:01:38All right, I'm going to add.
- 3:01:42We're gonna look for that squeeze back
- 3:01:43into 210. If we don't get it, we'll
- 3:01:46blame Husk.
- 3:01:47>> It's all good. We can handle it.
- 3:01:50>> You got to blame somebody, right?
- 3:01:52>> Uh
- 3:01:56oh. So, my average sitting at 197. I'm
- 3:01:59in four micros. Looking for the push
- 3:02:01into 209 for two high a day. 21575 for
- 3:02:06the third and then a little runner going
- 3:02:07up into the 225s.
- 3:02:11So, let's see what happens.
- 3:02:13Push.
- 3:02:15>> Kind of got a little I mean, you know,
- 3:02:16if we're looking at the two-minute here,
- 3:02:18it looks looks a little bare flaggy.
- 3:02:21>> But,
- 3:02:21>> yeah,
- 3:02:21>> I mean,
- 3:02:22>> like I said, I'm
- 3:02:24>> I don't like holding trades this long,
- 3:02:26especially when you're just looking for
- 3:02:27a quick five or, you know, five or 10
- 3:02:29points.
- 3:02:33>> Yeah, it does make it scary. Although,
- 3:02:35you we are with the trend here. I mean,
- 3:02:36the trend's up. Listen, all day long
- 3:02:39it's been popping. So, we're just kind
- 3:02:41of going with that. You know, eventually
- 3:02:42it pops.
- 3:02:44So, if it wants to change on us and not
- 3:02:46pop this time, then uh you know, what
- 3:02:48are we going to do?
- 3:02:50What are we going to do there? Not much
- 3:02:52you can do.
- 3:02:54What's that line on the chart you got
- 3:02:55there? Is that just where your line in
- 3:02:57the sand kind of is?
- 3:02:59>> Uh it was just the top of this this leg
- 3:03:02here. Oh,
- 3:03:03>> okay. like just kind of we're kind of
- 3:03:05anticipate a pull back to that 95 from
- 3:03:07earlier.
- 3:03:11>> All right, let's see.
- 3:03:12>> Yes. Give us the 36 here.
- 3:03:18>> Can she squeeze back above the 200s? I
- 3:03:21think it's going to pop here.
- 3:03:24Looks like it should pop.
- 3:03:26ES is still holding below the 36 for
- 3:03:29now, but you know, it's at the top of
- 3:03:31the at the top of the orb.
- 3:03:34So that's kind of my what second or
- 3:03:36third out that we could have got out of
- 3:03:38this trade.
- 3:03:42Got another long trigger over here off
- 3:03:44the EMAs as well. So
- 3:03:47I could maybe snug my stops up to the
- 3:03:50bottom of these wicks at that 186 area,
- 3:03:52but I think it's okay. Just going to
- 3:03:56leave it. See what happens.
- 3:04:00Yeah, I feel if ES can reclaim 32s, we
- 3:04:03should get a pop here. All right, come
- 3:04:05on, ES. There we go. Reclaim the 32s.
- 3:04:07Make another 36 run.
- 3:04:09>> I think everything hits alltime high.
- 3:04:11Everything eventually, right? That's
- 3:04:13just how it goes.
- 3:04:15>> Eventually,
- 3:04:15>> that just means next week the hards the
- 3:04:17you know, not next week, but whenever it
- 3:04:19falls, it's just going to be like a one
- 3:04:21of, you remember, uh last year, I don't
- 3:04:23remember when it was when we had like
- 3:04:24that freaking like one or 2,000 point
- 3:04:26selloff that day. It's like nothing was
- 3:04:29it was just slicing and dicing through
- 3:04:31every levels.
- 3:04:32It was just I I would have to go back
- 3:04:34and look at that. I don't know if any of
- 3:04:36you guys remember that or not.
- 3:04:38>> Oh, we remember.
- 3:04:40>> Then the what very next day it it just
- 3:04:43pretty much went straight back up to
- 3:04:44recover the the whole the whole move.
- 3:04:47>> New five minutee candle here.
- 3:04:53>> Oh, dude. We did not reclaim that. Come
- 3:04:55on. 32.
- 3:04:59>> What do you got at 32 over there?
- 3:05:02>> Oh, well, I don't know why I got 32
- 3:05:03marked out. That's just the top of that
- 3:05:05that swing point.
- 3:05:07Let me take that off. Actually,
- 3:05:09>> little pullback here to 200. That's
- 3:05:11where you kind of want to see this hold.
- 3:05:13Let's hold 200 and rip back up here.
- 3:05:14We've we've kind of tried to get stay
- 3:05:16above it a few times here. I don't
- 3:05:18really want to see it back below there.
- 3:05:19Push into the 210s here. Turn this
- 3:05:21candle green and let's go.
- 3:05:24>> Pamp it. There we go. That's what I like
- 3:05:27to see.
- 3:05:29>> Squeeze above 209 here. I want to see
- 3:05:31some acceleration now. Right through the
- 3:05:34high at 216. Let's accelerate.
- 3:05:38Need to see some acceleration here. You
- 3:05:40don't want to see this thing stall.
- 3:05:42If we get above that high, this thing's
- 3:05:44just going to blast off. I think you're
- 3:05:46going to see a pretty big candle. We're
- 3:05:48going to see a Hulk smash boner candle
- 3:05:50incoming, guys. If we can get above 216
- 3:05:52here and we'll have Husk just over there
- 3:05:55dancing in the street. He might actually
- 3:05:58take his jorts off and do a little
- 3:06:00spinarooi for you.
- 3:06:04Husk is the king of jorts. Don't let him
- 3:06:06tell you otherwise.
- 3:06:08There's the squeeze again above 216. I
- 3:06:10think we just No, I think we just smash
- 3:06:13through there and go.
- 3:06:15Let's get a little smash boner candle
- 3:06:17into the 25 here. Hulk smash boner
- 3:06:19candle. Can't forget to say Hulk smash.
- 3:06:22Come on, get through there. You know you
- 3:06:24wanna,
- 3:06:27dude, here's the uh Asian market feel
- 3:06:29where it's just like oh nope.
- 3:06:32It's like so close.
- 3:06:35All right,
- 3:06:36>> I'm down to a micro here. Just looking
- 3:06:37for the runner going 22 2025. Two 26
- 3:06:41225.
- 3:06:43That's what we're looking for.
- 3:06:44>> Guys, we need about 18 more likes to get
- 3:06:46us for 300 likes before the end of this
- 3:06:48session, guys.
- 3:06:51>> Something's about to happen. I agree.
- 3:06:55Do we need to prepare housekeeping
- 3:06:58or do we need to uh do we need to make a
- 3:07:01sacrifice here?
- 3:07:04It's so you know how hard it is not to
- 3:07:06go to break even right now, guys. It's
- 3:07:08like I want to move it to break even so
- 3:07:10bad right now because of the this price
- 3:07:12action.
- 3:07:13>> Everybody put a hand in the chat over
- 3:07:15here. Hold husk hand here.
- 3:07:16>> Yeah, hold my hand, guys. Hold my hands.
- 3:07:18We're like three points away. It's like
- 3:07:20just back off the just back off the
- 3:07:22mouse cuz you know I want to go to break
- 3:07:24even so mad.
- 3:07:25>> Let's get him through it. Let's get him
- 3:07:27through it. Hold his hand. What a dude.
- 3:07:30We just we just we just tickled the the
- 3:07:32entry. It
- 3:07:33>> just gave a little It just gave a little
- 3:07:36on it.
- 3:07:39Come on.
- 3:07:40>> Don't close it. It's gonna pop. This
- 3:07:42thing's about to pop.
- 3:07:44>> There it is.
- 3:07:45>> Let's go. Give us the big candle.
- 3:07:48>> Give us the big candle.
- 3:07:51>> Come on. I'm looking for 25 on the
- 3:07:54runner. Where are you looking for, Husk?
- 3:07:55>> I'm gonna go with 30. Just right below
- 3:07:57it. I might even start I may even do 25,
- 3:08:00too, because I know we like to reject
- 3:08:01off that 25. So, we will take that last
- 3:08:0425 points on this move here. Let's go.
- 3:08:08Pushing it up here. 221 on this pushup.
- 3:08:10I want to see 225. ES is at 36. That is
- 3:08:14the scary part. So, I'm going to trail
- 3:08:16below the I'm going to trail right below
- 3:08:18the previous candle on the two-minute.
- 3:08:20We're uh eight ticks off here. Eight
- 3:08:22ticks off the 25 level.
- 3:08:24>> Dude, I I just realized I took that on
- 3:08:26my 50K.
- 3:08:28>> So, it wasn't even on the challenge
- 3:08:29account.
- 3:08:30>> No.
- 3:08:30>> Husk Husk is he he's a bonehead
- 3:08:33sometimes. Uh
- 3:08:36All right. Shoot. We might as go for a
- 3:08:37bigger move here, guys.
- 3:08:38>> May as well, huh?
- 3:08:40>> Yeah.
- 3:08:42>> All right. Seven ticks away from the
- 3:08:43take profit there. I've got uh 13 points
- 3:08:46locked in over here.
- 3:08:48>> Yep. So, that would be the 50K. We are
- 3:08:50currently up 1,400. So,
- 3:08:55>> man, do I give this uh do I give this a
- 3:08:57little room? I think I might.
- 3:09:02>> Maybe I maybe I do kind of something
- 3:09:03similar. I put it just put this at break
- 3:09:05even. I mean, why not? Let's just put it
- 3:09:07at break even and see how high it can
- 3:09:09go.
- 3:09:11May as well see if it can push up into
- 3:09:13the 240s.
- 3:09:16Let's go 250s.
- 3:09:20See if we can't get the squeeze. What's
- 3:09:22that level that you got up there? Oh, is
- 3:09:23that just your time bar?
- 3:09:25>> Yeah, it's just time bar. So that way I
- 3:09:27can watch the uh when every time I get a
- 3:09:29new candle. So, this is pretty normal.
- 3:09:32When we hit a whole number at the 25,
- 3:09:34you always anticipate a little pull back
- 3:09:35into the teens or even the 10 here.
- 3:09:38>> There we go. ES squeezing above 36 here.
- 3:09:40You really want to see this thing take
- 3:09:41off above that 36 level. You don't want
- 3:09:44it to reject here. It's done tested this
- 3:09:47level uh 36 to 38 three times. So, we
- 3:09:51really want it to get through there on
- 3:09:52this this run and it is not doing it.
- 3:09:57>> Literally hit 36 there and just kind of
- 3:09:58pulled back.
- 3:10:01You want to see it just go.
- 3:10:04It ain't doing it.
- 3:10:06What about 24?
- 3:10:09This is normal price action. Nothing
- 3:10:11new. Nothing new. Uh the ES is also back
- 3:10:14at that 36 too. So the ES got to the 36
- 3:10:17before we kind of made it to that 24 25.
- 3:10:21>> Few trades, more profits. Nothing wrong
- 3:10:23with that,
- 3:10:26>> guys. We will be getting the winners in
- 3:10:28the chat here soon. I haven't seen them
- 3:10:29yet. So, I know they're coming.
- 3:10:31>> No, I think I missed the forums
- 3:10:32dropping.
- 3:10:33>> Forgot to tell.
- 3:10:35>> I might have missed it, too. I didn't
- 3:10:36see it.
- 3:10:37>> I didn't either.
- 3:10:41>> So, if you close your eyes Sunday and
- 3:10:42click nothing but longs, you would be up
- 3:10:44crazy. Kim Capital. Yeah. I mean, yeah,
- 3:10:47theoretically. Hard to do though. Hard
- 3:10:49to do. Guys, remember the 25K rabbit is
- 3:10:52just $87 with a profit split of 9010.
- 3:10:54Use code YouTube. Rebuilds at the
- 3:10:56discounted price. Unlimited uses. Let's
- 3:10:57go.
- 3:11:01That's your commercial for today. All
- 3:11:03right. ES is retesting the 36 here. It
- 3:11:05needs to pop it.
- 3:11:10>> Go. That's a good looking candle here.
- 3:11:12>> Yeah. COA. If you're if you got a
- 3:11:14position on, that'd be me, too. I would
- 3:11:16be like waking up every few minutes
- 3:11:18looking over seeing where it's at.
- 3:11:21>> That's why I don't think I could do uh
- 3:11:22swing trading. Swing trading. I just
- 3:11:24don't think I have the patience for
- 3:11:26that. That thing would I'd probably
- 3:11:27drive myself crazy constantly looking at
- 3:11:29it.
- 3:11:30>> Imagine you were in a long from Friday
- 3:11:33and we opened up 400 points lower on
- 3:11:35Sunday.
- 3:11:37>> Yeah. Be hurting. Then by the end of the
- 3:11:39week you're back up over a,000 points.
- 3:11:41>> Yeah. So it probably stops you out on
- 3:11:43that 400 point open and then next thing
- 3:11:46you know just rips higher for the next
- 3:11:47three days, four days.
- 3:11:50So that would uh that would not be fun.
- 3:11:52That wouldn't be fun times.
- 3:11:55would not be fun times.
- 3:11:58>> It's just one of those things like it
- 3:11:59sounds it's it sounds easy but that's
- 3:12:02not easy.
- 3:12:04>> Has uh anybody in the lobby ever had any
- 3:12:05luck with uh TW swing trading? Does do
- 3:12:08we have any swing traders in the lobby?
- 3:12:12>> Trades for you know days and weeks.
- 3:12:16>> How do you uh I would like to be curious
- 3:12:17how you control your insanity from that
- 3:12:19man. I'd spend like all weekend just
- 3:12:23like biting nails and
- 3:12:26that's like a whole new level of
- 3:12:27patience
- 3:12:31>> for sure. It definitely takes a certain
- 3:12:34type of person.
- 3:12:36I could not do it.
- 3:12:38>> Yeah. Yeah. I know you can't do it with
- 3:12:39uh
- 3:12:41with most prop firms.
- 3:12:44>> Yeah. You pretty much have to be on a
- 3:12:45cash account.
- 3:12:46>> Yeah. that that would be kind of like
- 3:12:47your cash account or something, you
- 3:12:49know, just asking in general. I didn't
- 3:12:51know if anybody had any experience with,
- 3:12:52you know, doing that type of trading.
- 3:12:54The cash account,
- 3:12:56>> the leverage that you need, the
- 3:12:57overnight, you know, the the capital is
- 3:12:59pretty pretty hefty for the overnight
- 3:13:01holding or the overweek holding there.
- 3:13:05Insanity.
- 3:13:09So, still squeezing. I'm still long.
- 3:13:11Husk is still long. We're in the same uh
- 3:13:13position. Both on non-challenge
- 3:13:15accounts. So, I've already taken my $60
- 3:13:17winner on my challenge account over
- 3:13:19here.
- 3:13:20>> I know we're up 122 today. There should
- 3:13:22have been $120 victory for the
- 3:13:28the uh 25K.
- 3:13:30>> When I come on the stream husk, the
- 3:13:31first thing I do know,
- 3:13:34>> I make sure I'm on the right account.
- 3:13:36>> I thought I put it on there before I
- 3:13:37started, but I guess I must have
- 3:13:38selected one because it's number two.
- 3:13:41So, I thought I selected it. I put it on
- 3:13:43every uh every chart because that way if
- 3:13:46I take an ES trade, if I take a gold
- 3:13:47trade or an ENQ trade, I make sure I'm
- 3:13:50on the right one.
- 3:13:52So,
- 3:13:54>> yeah, the the little mistakes have been
- 3:13:55cost me the last couple days, guys.
- 3:13:57>> Listen, if it would have been a loser,
- 3:13:59you'd have been like, "Yes,
- 3:14:01>> true. I guess it could have went either
- 3:14:03way." It could have went either way,
- 3:14:04guys. So true.
- 3:14:07>> But it's okay.
- 3:14:10All right. kind of knocking our head
- 3:14:11there on 2325. Not able to get through.
- 3:14:13ES not able to kind of sustain any sort
- 3:14:16of movement above 7036
- 3:14:19for now.
- 3:14:22So what I like to see is for this next
- 3:14:24fiveminute candle to print and that'll
- 3:14:26be kind of like a little like one candle
- 3:14:28bull flag and that very next fiveminute
- 3:14:30candle will be like the the Hulk smash
- 3:14:33candle to the top side.
- 3:14:36>> Could be. Could be.
- 3:14:39every bullish um kind of uh PDRA or
- 3:14:43whatever you want to call it on the way
- 3:14:44up. It's pretty much held. Every move,
- 3:14:47every single pullback's just been bought
- 3:14:48right back up.
- 3:14:51So, that's kind of nice. In in
- 3:14:53hindsight, it looks easy. But in real
- 3:14:57time, it's not that easy.
- 3:15:00So, you can go back and be one of those
- 3:15:03hindsight people and say, "Oh, you could
- 3:15:04have just bought every dip today. Oh, I
- 3:15:06would have bought here. I would have
- 3:15:07sold here. I would have bought here. I
- 3:15:09would have sold there.
- 3:15:11>> Yeah.
- 3:15:11>> Yeah. Not really.
- 3:15:13>> Yeah. Don't. The hindsight will get you.
- 3:15:17Usually just go back and pick out your
- 3:15:18mistake. What What did I make a mistake
- 3:15:20here with this trade? That's what I like
- 3:15:22to do. So this morning, my mistake was I
- 3:15:25basically entered way too soon. If I had
- 3:15:28waited for the next five-minute candle,
- 3:15:30and that's one rule I try not to break
- 3:15:32is buying those five minute breakouts.
- 3:15:34And I did that this morning. That's what
- 3:15:36cost me because I couldn't withstand the
- 3:15:38pullback. So,
- 3:15:40>> all right, I'm getting out right there.
- 3:15:42Um, on my ch on the non-challenge
- 3:15:45account. I don't like the lower high
- 3:15:49that ES is putting in here. Now, I think
- 3:15:50I do think if ES makes a new high here,
- 3:15:52you're going to get a really a really
- 3:15:54big candle, you know, up into the 250s
- 3:15:57probably. But, I don't like how it's
- 3:15:59struggling here. So, I'm just going to
- 3:16:00take my $100 and be out.
- 3:16:03>> Nice.
- 3:16:04So, I'm up $98 on this account today.
- 3:16:06Day one on this account. One of the
- 3:16:08problems I've been having with these
- 3:16:10newer accounts is like I'll have a good
- 3:16:12day one, a good day two, a good day
- 3:16:13three, and then I just crash and burn.
- 3:16:16>> I got to stop doing that.
- 3:16:18>> That's where you got to take some advice
- 3:16:19from your good buddy Husk. Put your
- 3:16:21account away. Got to shut her down. So,
- 3:16:24what I did when I took my loss this
- 3:16:26morning, it was just straight, oh, got
- 3:16:27to disconnect. Got to disconnect.
- 3:16:30You can't be holding
- 3:16:32>> disconnect the account
- 3:16:34>> cuz it is so hard to uh take that loss
- 3:16:37and you got to sit there and look at
- 3:16:39that red. You know, you're just
- 3:16:40constantly looking at it like, "Oh god,
- 3:16:41man. Son of a beast, man.
- 3:16:45Most of us have been there
- 3:16:48with the
- 3:16:48>> You went You went ahead and trailed up
- 3:16:49into profit there."
- 3:16:51>> Uh yeah, I took it to the bottom of this
- 3:16:52wick here at nine. So this way if it
- 3:16:55does decide if it can't move higher.
- 3:17:01>> Uh cucarito.
- 3:17:03>> Yeah. Or cucarto.
- 3:17:05Yeah. This range is tough. I mean like
- 3:17:08it's kind of one of those deals. You
- 3:17:10almost have to just trust that it's
- 3:17:11going to continue to go higher. So if
- 3:17:13you're buying on an EMA pullback or
- 3:17:15something to that effect, you just got
- 3:17:17to trust it's just going to go higher.
- 3:17:20So ES back above 36 here. I mean, if it
- 3:17:23can break a if it breaks above 37 38
- 3:17:26here, um I think I think we'll get a
- 3:17:28nice little shove into the 240 250 area,
- 3:17:32but we'll see. My target for today
- 3:17:36really is up there around that 265 on
- 3:17:38the ENQ. I think if we can run up there
- 3:17:39to 265, I don't know how much higher we
- 3:17:43get today. Who knows?
- 3:17:45>> I thought only way we were going to get
- 3:17:46today is with like the ES on this last
- 3:17:48like couple hours. The ES was going to
- 3:17:50need to get above 40. I think that's our
- 3:17:53next big leg push. If we get above those
- 3:17:5640s, you know, kind of push back up to
- 3:17:57the 50s.
- 3:17:59But we have yet to get out of above 36.
- 3:18:02We've been just stuck here at 36 for
- 3:18:04what since 11:00. Seemed like for almost
- 3:18:08two hours, we've been stuck here at the
- 3:18:0936 for ES.
- 3:18:12>> And for anybody that's sorry, anybody
- 3:18:14following the ES,
- 3:18:15>> no real sustained pullbacks either.
- 3:18:16They're just dips and then going,
- 3:18:19>> guys. We need 10 more likes to get to
- 3:18:21300. I mean, it's free to like, it's
- 3:18:24free to subscribe.
- 3:18:26Let's Let's get it done. And you know
- 3:18:29how giddy Husk gets. He He'll give you
- 3:18:31that nice husk laugh.
- 3:18:32>> Yeah.
- 3:18:32>> If you get 300 subscribe or 300 likes.
- 3:18:36Um Yeah. Oh, there we go. ES making a
- 3:18:39new high. NASDAQ squeezing up into that
- 3:18:4240 area.
- 3:18:43>> Heck yeah. Hop on the pump train, guys.
- 3:18:46Hop on the punch train.
- 3:18:48>> Maybe a small pullback here.
- 3:18:50>> No pullback. We still got 1 minute left
- 3:18:52on this 5minute candle. So we need to
- 3:18:54hit our target in the next 40 seconds.
- 3:18:57That's what I want to see.
- 3:18:59>> Well, typically up into the 240s, you
- 3:19:00kind of get a little bit of a pullback
- 3:19:02235 230s
- 3:19:05>> and then the next next sort of uh shove
- 3:19:08through there gets you.
- 3:19:11Let's see. All right, there's 239.
- 3:19:14You don't want ES to just wick above the
- 3:19:16high here. It needs to have some sort of
- 3:19:17sustained breakout.
- 3:19:20So far, it just kind of wicked up into
- 3:19:22the 3850 area.
- 3:19:28Guess the word. First person to find a
- 3:19:30word gets a 50k rapid account.
- 3:19:38FOMO.
- 3:19:39We've got Pogo.
- 3:19:42Um, Bozo.
- 3:19:44Um,
- 3:19:46let's see here.
- 3:19:49Toto. I don't know what else it could
- 3:19:51be. Max is over here whimpering.
- 3:19:54>> Max is like, "Me, me, me."
- 3:19:55>> He hears somebody in the kitchen. So,
- 3:19:58>> oh,
- 3:19:58>> all the way up to 245 here. ES
- 3:20:00approaching that 40 area.
- 3:20:03>> 3950 on the ES there.
- 3:20:06>> And you got that new fiveminute candle
- 3:20:08here just going to the moon. Sabo.
- 3:20:11That's a good guess, too.
- 3:20:12>> Ah,
- 3:20:14>> so answer is pogo. All right,
- 3:20:17yolo.
- 3:20:18>> Congrats on the winner.
- 3:20:19>> I didn't think about yolo.
- 3:20:21>> So, the only thing I don't like about
- 3:20:22this fiveminute candle is we did not
- 3:20:24create a wick on here. So, you know,
- 3:20:26eventually it's going to come back and
- 3:20:27tag in that wick.
- 3:20:29>> Short king 884. Congratulations. You won
- 3:20:32a 50k rapid account. Let's go.
- 3:20:36All right, we're going to go up to take
- 3:20:38our stop loss here up to 37.
- 3:20:40>> Uh, short king. I would like to know
- 3:20:42what is considered a short king? How
- 3:20:44tall are you?
- 3:20:46>> How big a boy are you?
- 3:20:49>> Nice, guys.
- 3:20:50>> Why don't you target the 265? Oh, you
- 3:20:52already hit your target,
- 3:20:53>> dude. Come on. We targeted 50 points. It
- 3:20:55doesn't get any better than that, man.
- 3:20:56>> I thought you were going to go for I was
- 3:20:58just thinking the 265 could be a good
- 3:21:00target.
- 3:21:01>> Shoot. I was happy to get 50.
- 3:21:06Yes. All right. Come on. Let me get the
- 3:21:08We got to have the 300 likes. We got a
- 3:21:10We got a 50point trade. Methodical man's
- 3:21:13banging off the winners. Just got
- 3:21:14winners everywhere. Oh, we need six
- 3:21:16more. Six more likes.
- 3:21:20>> Yeah, I took mine off over here, guys.
- 3:21:22I'm the paper hand king. What you want
- 3:21:24me to do? What you want me to do?
- 3:21:27>> Oh, goodness.
- 3:21:30Nothing I can do over here, guys.
- 3:21:32Nothing I can do. Hey, I might be able
- 3:21:34to hold trades with the ENQ, but I'm
- 3:21:36when it comes to gold, I cannot hold
- 3:21:40gold. I'll be over just itching to go to
- 3:21:42take profit. I did it last night. So, I
- 3:21:45was texting back and forth methodical.
- 3:21:47We were taking these gold trades
- 3:21:48together. He's like, "You still in it,
- 3:21:50guy?" I'm like, "No,
- 3:21:52>> paper hands."
- 3:21:53>> I'm like, "No, paper hands."
- 3:21:56>> Uh, Sean King said 5.9 in. Um, I I think
- 3:22:00that's above average. What do you guys
- 3:22:01think, chat? Oh shoot.
- 3:22:05>> What do you guys think?
- 3:22:07>> What do you say? 5.9.
- 3:22:08>> Oh, 5 feet 9 in.
- 3:22:13>> I guess that puts me in the short king
- 3:22:14status there cuz I'm 5 foot eight.
- 3:22:16>> 5t 9 in. Let's go.
- 3:22:20>> Oh goodness.
- 3:22:23Husk is only 5'8.
- 3:22:25>> Yep.
- 3:22:26>> It's all right.
- 3:22:27>> It's okay. We've lived with it for a
- 3:22:29long time, so we got over it.
- 3:22:31>> How tall is the wife? Husk. I can't
- 3:22:32remember.
- 3:22:33>> 54.
- 3:22:34>> 54. Yeah.
- 3:22:35>> Yeah, that's fine.
- 3:22:36>> Yeah,
- 3:22:36>> that's fine.
- 3:22:40That's fine.
- 3:22:44I do think we're going to uh this 26
- 3:22:48375 here. 264.
- 3:22:53Can you guys hear uh Max over there
- 3:22:56whimpering?
- 3:22:57Do we still got anybody in the long in
- 3:23:00this? Is anybody still got the diamond
- 3:23:02hands and still holding the If the ES
- 3:23:04loses the 40 here, guys, we're we're
- 3:23:06going to get a we're going to get a pop.
- 3:23:09>> Where's your next level up? We got 7049
- 3:23:12or 48.
- 3:23:147048 on the ES next level up. About a
- 3:23:17good eight points up there.
- 3:23:18>> Yeah, that's what I was saying. ES pops
- 3:23:20his 40. Man,
- 3:23:22>> I'm a little tempted to just chase here,
- 3:23:24but we're not going to do it. No FOMO.
- 3:23:26Not going to do it.
- 3:23:30We are I'll show you guys my P&L.
- 3:23:33>> Yeah,
- 3:23:34>> right here we're up $5928
- 3:23:38and on the overall competition I'm up
- 3:23:41I'm at two $25,265.
- 3:23:44So just grinding right along.
- 3:23:46>> Yeah, today would have been my uh kind
- 3:23:48of to get back in it cuz we're about
- 3:23:50$100 down. So we almost made what 180
- 3:23:54today. So that would have put me
- 3:23:58about a 100 bucks over the
- 3:24:0125K, but instead
- 3:24:03>> extended the lead over Husk a little bit
- 3:24:05here. Here's the thing though.
- 3:24:07>> That's what I was talking with Husk
- 3:24:08about yesterday. One bad day by me, one
- 3:24:11120 $150 loser. One day like today like
- 3:24:15he might have had if he was on the right
- 3:24:16account right there right back to even.
- 3:24:20>> So long competition. It's going to be a
- 3:24:23while before a winner is established.
- 3:24:26But listen, you know what are we trying
- 3:24:28to show with this competition? We're
- 3:24:30trying to take small accounts, right?
- 3:24:31$1,000 in draw down, 1500 profit target
- 3:24:34and showing you how they should really
- 3:24:35be traded. How you should really be
- 3:24:37managing your risk with these smaller
- 3:24:39accounts. You shouldn't be trading them
- 3:24:41many. You shouldn't be trading more than
- 3:24:43three micros. Five micros maximum if the
- 3:24:46risk is defined. you know, if you got a
- 3:24:4810, 15, 20 point hard stop, you can go
- 3:24:50up to five micros potentially. Um, so
- 3:24:53that's what we're kind of trying to do
- 3:24:54here. Nothing wrong with taking it slow.
- 3:24:57Nothing wrong with taking three weeks to
- 3:24:58pass an account, four weeks to pass an
- 3:25:00account, you know, and also we are
- 3:25:02trading in a very small window, very
- 3:25:05narrow window, just one hour snippet of
- 3:25:08the day. And I would argue that uh it's
- 3:25:11not a very good
- 3:25:14um hour to be trading, right? You could
- 3:25:16argue that another guess the word, guys.
- 3:25:18Guess the word
- 3:25:22get a 50k rapid account. Let's go.
- 3:25:27We see the Rocket Scooter fam joining
- 3:25:29the chat there. As you guys are coming
- 3:25:30in, you know what to do. Hit the like
- 3:25:32button. Subscribe if you've not yet
- 3:25:34subscribed.
- 3:25:36Let's go.
- 3:25:37>> Yeah. Apparently, uh, Sabo is going to
- 3:25:39get us a dance once we get to 70,000
- 3:25:41subscribers. So, I'm really really
- 3:25:43hoping.
- 3:25:44>> What kind of dance? I'm not so sure.
- 3:25:45Sabo has the hip movement that he needs.
- 3:25:48He needs to start stretching the hips.
- 3:25:50Okay.
- 3:25:51>> You think he's going to be affected by
- 3:25:52the age? I'm not even sure how old Sabo
- 3:25:54is. So,
- 3:25:55>> he's like 40. Uh,
- 3:25:56>> okay. We're all in the four. That's
- 3:25:58that's still tough.
- 3:25:59>> In order to in order to have a really
- 3:26:02nice uh dance, you got to have you gota
- 3:26:05it's all in the hips,
- 3:26:08you know, that sort of thing. So,
- 3:26:11>> Oh, good. I I know that that's the
- 3:26:13reason why I couldn't be a dancer
- 3:26:15because it's all in the hips. What was
- 3:26:19that on? That was on uh
- 3:26:20>> Happy Gilmore.
- 3:26:21>> Happy Gilmore. Yeah. Yeah. Happy
- 3:26:22Gilmore.
- 3:26:22>> When he was teaching them how to putt,
- 3:26:24he was standing behind them on the the
- 3:26:26putting green.
- 3:26:27>> Yeah, for sure.
- 3:26:29>> Hilarious movie. Funny movie. Happy
- 3:26:32Gilmore, too. Not Not quite as good, but
- 3:26:34still funny nonetheless.
- 3:26:36Still funny.
- 3:26:39That's what we do. I'm a little tempted
- 3:26:42to maybe jump in another long here. I
- 3:26:44mean, we're retesting the 9 EMA on the
- 3:26:462minut. We still have the 260s above.
- 3:26:50>> Have we touched the 21 today?
- 3:26:52>> We've touched the 21 on the two-minute,
- 3:26:54but the fivem minute, I don't think so.
- 3:26:56Let me double check.
- 3:26:58>> I don't think we touched it on the five
- 3:26:59at all.
- 3:27:01>> I would like a a 21 touch on the five.
- 3:27:03We touched uh on the five very early in
- 3:27:07the day. Um, where was that at? Yeah,
- 3:27:10like uh 9 at open basically 9:45. We
- 3:27:14touched it at 9:45 and it's been off to
- 3:27:16the races ever since.
- 3:27:17>> Okay,
- 3:27:19>> so remember guys, for the very best
- 3:27:22discount, use code YouTube with my fun
- 3:27:24futures.
- 3:27:25>> And the thing about the EMAs is, I mean,
- 3:27:27I talk about that all the time, like you
- 3:27:28don't really know what kind of day we're
- 3:27:29going to have, right, until we have it.
- 3:27:31>> Oh no, man. You can't come in hindsight
- 3:27:33and it
- 3:27:33>> so you don't know. I mean like in
- 3:27:34hindsight you be like, "Oh, the EMAs
- 3:27:36look really well." Well, on a day like
- 3:27:37today, they're they're going to look
- 3:27:39easy. They're going to look it's going
- 3:27:40to look like it's super easy to trade,
- 3:27:42and there's no reason you shouldn't have
- 3:27:43caught the move, but realistically, it's
- 3:27:46that's just not the case. So, we got
- 3:27:49about two minutes left in the session
- 3:27:51here, guys. Let me check to see if we
- 3:27:52got 300 likes.
- 3:27:53>> Oh, yeah. Thank you guys for helping us
- 3:27:56get to 300 likes.
- 3:27:57>> All right, Husk Husk is going to blow
- 3:27:58you guys some kisses for the 300 likes.
- 3:28:01Uh, let's get the Oh, he actually did. I
- 3:28:04was actually kind of meaning uh in the
- 3:28:06in the using a emoji
- 3:28:08>> in the chat, but Hus took it too far
- 3:28:10there. He actually did it.
- 3:28:12>> Oh, nobody wants the fake. Come on, man.
- 3:28:14We want the real stuff here.
- 3:28:16>> Helpful G, congratulations. You won the
- 3:28:1850K account. Let's go. Helpful. I
- 3:28:20haven't seen you around in a while.
- 3:28:22Where you been? Where you been, helpful?
- 3:28:24You just been around not saying much.
- 3:28:26Maybe he's been in the chat and I'm just
- 3:28:27missing it.
- 3:28:30But congratulations either way. There we
- 3:28:33go. Hus dropping into the chat now.
- 3:28:35>> Was the forms released today or did I
- 3:28:36completely
- 3:28:37>> I think they're doing the um they're
- 3:28:39doing the uh riddles. Oh,
- 3:28:41>> okay. Riddle giveaways today. Okay.
- 3:28:43>> I just wanted to make sure I didn't miss
- 3:28:45them cuz I know sometimes I when I'm
- 3:28:47paying attention to the charts, I'll
- 3:28:48look away from the chat.
- 3:28:49>> So, I tried to be a little bit more
- 3:28:51involved with the chat.
- 3:28:52>> Oh, you don't say the wild stuff like he
- 3:28:54used to.
- 3:28:56He he said he learned no longer getting
- 3:28:59the the the ban the hammer.
- 3:29:03So no longer throwing the hammer down.
- 3:29:06But guys, get ready for Rocket Scooter
- 3:29:07Matt coming up here in a moment. Get
- 3:29:09your glasses on. That's going to do it
- 3:29:11for Husk and I today. We'll be back same
- 3:29:14time, same place tomorrow. Uh hopefully
- 3:29:17>> hopefully we can like find some better
- 3:29:19spots. I mean, trading has been tough
- 3:29:21the last couple of days. I'm going to be
- 3:29:22honest with you. So
- 3:29:24>> yeah, usually whenever we hit this
- 3:29:25stuff, man, I just look at it. Got to
- 3:29:27survive. Got to survive these rough
- 3:29:28days.
- 3:29:29>> Yeah. So we appreciate you guys watching
- 3:29:31and we will see you next time.
- 3:29:48Welcome Rock.
- 3:30:06Hey, hey, hey, hey, hey. What's up,
- 3:30:09guys? Look who we got. A special guest
- 3:30:11on the show today. We got Matt and we
- 3:30:14got the eye do. Get your sunglasses on
- 3:30:16everybody. We are ready to roll. What's
- 3:30:19up friends? Good to see you all here.
- 3:30:23How's it going? How's it going by the
- 3:30:25way?
- 3:30:25>> Well,
- 3:30:27yeah. Yeah, yeah, yeah, yeah. What's up,
- 3:30:29friends? What's up, chat? We are here.
- 3:30:30We're ready to roll those rocks in chat.
- 3:30:32You know how we roll here. Thank you.
- 3:30:34Thank you. Thank you. Love the rockers.
- 3:30:35Love the scooters, my friends. Good to
- 3:30:37see Ra. Where's all these red candles? I
- 3:30:38just popped a short up here at the top.
- 3:30:40Finally the level I waited for 26242
- 3:30:43popping us a quicky little 10 G's here
- 3:30:45on this little short here. I've been
- 3:30:46taking some heat the last three or four
- 3:30:48days. This market has been confusing. I
- 3:30:50like methodical signing off by saying
- 3:30:51that it's been really hard and really
- 3:30:53weird to trade, right? Where's the top
- 3:30:56to this thing? Where's the end to this?
- 3:30:57How far up does this go? We have been
- 3:30:59running straight and I mean straight up
- 3:31:01since the Trump thing and we're going to
- 3:31:03resolve with Iran and all that stuff.
- 3:31:05We've gone up and up and up and up and
- 3:31:06up and up and up and up and zero and I
- 3:31:08mean zero pullback. We have not had a
- 3:31:11single 4hour candle that's been red uh
- 3:31:14with the exception of last night and it
- 3:31:16was very very very tiny. Like I just
- 3:31:18watched this and it was like up and up
- 3:31:20and up and up and up and up and up and
- 3:31:22up and we are very very close and I mean
- 3:31:24very close to at least on front contract
- 3:31:26all-time highs. If you go to the ENQ uh
- 3:31:29M6 contract, which is this own M26
- 3:31:32contract, this particular contract is
- 3:31:35not relative to its own all-time highs.
- 3:31:36This one traded close to uh 26732 way
- 3:31:41back in October. So, that's really what
- 3:31:43the quote unquote all-time high would be
- 3:31:45for this contract. But if you're just
- 3:31:46looking at the front months, we're
- 3:31:47getting pretty close to where those
- 3:31:49front month levels were at. Uh this is
- 3:31:53by far DDAN short. I've been I take this
- 3:31:55stab pretty much every time uh the last
- 3:31:57couple days. Finally, it's paying out.
- 3:31:59Uh I've taken some losses trying to
- 3:32:00short this the 206 level uh last week.
- 3:32:04So, it's been a pretty kind of blah
- 3:32:06week. Remember, I got uh close to like
- 3:32:08700k profit. Took out withdrawals two
- 3:32:11times in a row. 300K uh and then like
- 3:32:14350 I think together and then went back
- 3:32:17down to the starting point the or 300
- 3:32:21300 something like that. uh left at
- 3:32:23myself at 200 and then I'm down to 145
- 3:32:26right now. So this uh I took some heat
- 3:32:28uh trying to short at 206 here and then
- 3:32:30trying to short at 206 here and then
- 3:32:33just kind of let the market wait and
- 3:32:34I've been waiting for each yellow line
- 3:32:35attempt to try to take a stab at. I
- 3:32:37skipped this one. I tried to take this
- 3:32:39one and this one also was a loss
- 3:32:40yesterday and then I'm finally taking
- 3:32:42this one here instead of joining the
- 3:32:43bull market which I'm normally known to
- 3:32:45do. I don't believe in the fundamentals.
- 3:32:47That's why I've been avoiding the bull
- 3:32:48side. I feel like this was a bare market
- 3:32:51squeeze rally leading into expiration
- 3:32:53and into VIX expiration which I thought
- 3:32:55whenever VIX would finally roll over
- 3:32:57into the new month which was uh this
- 3:32:59morning we would start over in a new u a
- 3:33:03new VIX futures contract right we're now
- 3:33:04on the May contract and Matt's magic
- 3:33:06number that he gives you every every
- 3:33:08month I want you guys to write this down
- 3:33:091947 on VIX futures is the key level we
- 3:33:13call this our triple B but really what
- 3:33:15this is is contain a midpoint all
- 3:33:17morning VIX has been sort of climbing
- 3:33:18and climbing and climbing and climbing
- 3:33:19even though we've been sort of above
- 3:33:21this level. Anytime you're above here,
- 3:33:22you can expect some volatility. I don't
- 3:33:25expect a reversal, but I am expecting
- 3:33:27volatility. And it looks like I nailed
- 3:33:28the pivot pretty good uh right here. My
- 3:33:31cost base is at 223, which is kind of
- 3:33:33nice. And I'm hitting this pretty
- 3:33:35freaking moderate, at least for the size
- 3:33:37of the account. 24 is really big. So, um
- 3:33:41you know, are we overdue for a
- 3:33:43correction? Is this just a bull market
- 3:33:45rally that we are not seeing? uh
- 3:33:48something that Wall Street knows about.
- 3:33:49Does Wall Street know that earnings are
- 3:33:50going to come through? Great. Does Wall
- 3:33:52Street have projections that inflation's
- 3:33:53about to come down? Who knows what Wall
- 3:33:55Street knows for the market to fly
- 3:33:57straight up like it did? But I can tell
- 3:33:58you some mechanical things about this
- 3:34:00type of movement is the majority of it
- 3:34:03was short squeeze with the exception of
- 3:34:06today. This is the last part where we
- 3:34:08found liquidity. Were there actual
- 3:34:09buyers? Most of this when you see the
- 3:34:11markets move like this, this is uh this
- 3:34:15is considered short squeeze. Whenever
- 3:34:17the market speeds up as it's moving, so
- 3:34:20I'll show you which part is like this is
- 3:34:22bullish, right? Where the market moves
- 3:34:24this way and slows down, there's a
- 3:34:25there's a a news element. Everybody's
- 3:34:27buying and then the the news impact
- 3:34:29becomes less less impactful as time goes
- 3:34:31by. But as as you sit here, shorts that
- 3:34:34are upside down get they start to cover
- 3:34:36and then they start to cover and it
- 3:34:38bumps other people, which speeds up as
- 3:34:40it moves. When the market speeds up as
- 3:34:42it moves, when it's shaped this way,
- 3:34:44it's a short squeeze.
- 3:34:47uh when it's like this this is this is a
- 3:34:49genuine bull rally rally bulls are
- 3:34:52entering the market here bears are
- 3:34:53exiting the market and this particular
- 3:34:55move was was was kind of shaped this way
- 3:34:58so this is like once we squeezed all the
- 3:35:00bears now we've attracted some buyers
- 3:35:02now dealers can dump some some some
- 3:35:05selling on that liquidity there which is
- 3:35:07what happens when short squeeze happens
- 3:35:08markets are looking for sellers and so
- 3:35:10we went up we found the sellers and then
- 3:35:12once we got up at the top the sellers
- 3:35:14started coming in and we had some
- 3:35:15genuine buyers and jump in this day. The
- 3:35:17question becomes now that liquidity has
- 3:35:19been found. Is this the bull trap? Once
- 3:35:22as soon as they find liquidity, that's
- 3:35:24usually where the trap can be if there
- 3:35:25is one. For instance, you got to a lot
- 3:35:28of stuff you need to sell. You're the
- 3:35:29seller.
- 3:35:31Let's just move up. No, those are
- 3:35:32buyers, but those are shorts covering.
- 3:35:34Ah, these are buyers. This is real
- 3:35:36genuine long something. Okay. Um, so out
- 3:35:39the door, the long is kind of slowing
- 3:35:40down and the volatility is starting to
- 3:35:41pick up. Uh, is that the greater bull
- 3:35:44trap that we end up here? And then
- 3:35:45Friday expiration, do we do something
- 3:35:47like that? I don't really know, but I
- 3:35:49don't believe in a stronger bull rally
- 3:35:53yet off of Iran, the straight or muse,
- 3:35:55and the freaking oil stuff. Uh, this
- 3:35:59completely, I think, has blown
- 3:36:00everybody's minds. I think from this
- 3:36:02day, we had no idea it was going to look
- 3:36:04like this at all. Back to all-time
- 3:36:06highs, economic data deteriorating.
- 3:36:08Like, who knows, right? Who knows what's
- 3:36:10going on here? I can't figure it out.
- 3:36:13My intuition was that when we had the
- 3:36:16news event on Iran that it would just
- 3:36:19slowly trickle up and then that we would
- 3:36:21sort of return to the more aggressive
- 3:36:24sort of um you know decline. Not
- 3:36:28aggressive but like mildly aggressive
- 3:36:29sort of decline because the data is
- 3:36:31coming out worse. GDP is coming out
- 3:36:33worse. Growth rates coming out worse.
- 3:36:36Inflation's going up. like all the signs
- 3:36:38that we had last December from the Fed
- 3:36:39projections that said things are getting
- 3:36:41better, they're getting worse. Every
- 3:36:44month the data is getting worse and dang
- 3:36:47it.
- 3:36:49And if we were breaking uh all-time
- 3:36:52highs
- 3:36:55and then good earnings were causing
- 3:36:58prices to sell off,
- 3:37:01I mean, sorry. Uh good earnings at high
- 3:37:02prices. the stocks were selling off when
- 3:37:06we were beating earnings. Then this next
- 3:37:08round with inflation being higher, I
- 3:37:10expect earnings to be worse. So, how was
- 3:37:12Wall Street? And again, this is what's
- 3:37:14confusing to me. Why is Wall Street
- 3:37:16selling
- 3:37:18good earnings and then buying in bad
- 3:37:20earnings? I don't understand. So, this
- 3:37:22is either telling you one of two things.
- 3:37:24Either A, they're pricing in the fact
- 3:37:27that inflation is probably going to come
- 3:37:31down faster than we thought. like the
- 3:37:32tariff is like a a year only thing or
- 3:37:34it's a shortlive sort of thing. Are we
- 3:37:36expecting company?
- 3:37:38You know, you can peek out that window
- 3:37:39right there and look down and see if
- 3:37:41there's somebody standing there.
- 3:37:43Somebody ringing the doorbell. Another
- 3:37:45flower delivery. It's going to cost me
- 3:37:46250 gs. I know it. But anyways, uh you
- 3:37:51know what I'm saying? Like it it's been
- 3:37:52very confusing to me. Let me let me
- 3:37:54clear this chart up a little bit. It's
- 3:37:55been very confusing to me nonetheless.
- 3:37:57Like I I've of course some of the
- 3:37:59selling was getting ahead of the war
- 3:38:01maybe but you know even before Iran was
- 3:38:04even a thing markets were starting to
- 3:38:06sell with high volume as people were
- 3:38:08getting out of the way uh government
- 3:38:10shutdown the gold frenzy liquidity
- 3:38:11crisis all that stuff we used to we had
- 3:38:13back here and then every single earnings
- 3:38:15that we had people were selling the
- 3:38:17earnings beats
- 3:38:19now the PPIs and the CPIs of the world
- 3:38:22are showing prices are not coming down
- 3:38:24they're going up shows prices are going
- 3:38:26up GDP slowing down. All of it's in
- 3:38:29adding up to an a slowdown in the
- 3:38:31economy. And so you can expect with
- 3:38:33prices going up, sales will be down, and
- 3:38:35companies would not beat expectations
- 3:38:37two earning seasons in a row. That if
- 3:38:39they beat expectations here, then the
- 3:38:42fact that tariffs made their way through
- 3:38:43that, they would miss expectations here.
- 3:38:45So earnings will be less this quarter
- 3:38:47than that quarter. But the weird thing
- 3:38:49is with better earnings,
- 3:38:53we're here.
- 3:38:55And with worse earnings,
- 3:38:59we're here. Better earnings, worse
- 3:39:02earnings coming up. It's so confusing
- 3:39:04for a trader. Makes no logical sense.
- 3:39:08But see, Wall Street's already pricing
- 3:39:09something in ahead of time. So, this is
- 3:39:11the lesson today. Maybe here that people
- 3:39:14are like, you know what? We know that
- 3:39:15Trump's about to do this thing in Iran.
- 3:39:17Let's go ahead and sell anyways. Every
- 3:39:18pop, let's just get out of the way till
- 3:39:19the Iran thing is over. If it's World
- 3:39:21War II, we're glad we sold at the top.
- 3:39:23Okay, that explains where that selling
- 3:39:25was coming from. It wasn't rational
- 3:39:27selling. It was just let's get out of
- 3:39:29the way because of the Iran step. It can
- 3:39:30get worse. And then here, it's probably
- 3:39:33everybody betting on it getting worse,
- 3:39:36getting squeezed when it got better.
- 3:39:38Maybe it's not a demand for stocks, but
- 3:39:40just a larger short squeeze. And so
- 3:39:42maybe that's where we're sitting right
- 3:39:43now. Um, and maybe maybe Wall Street
- 3:39:47just has an appetite for the current
- 3:39:48situation being that uh, you know, this
- 3:39:52tariff problem, this inflation problem
- 3:39:54is probably a short-lived sort of thing.
- 3:39:56So, we don't know. Um, looks like my
- 3:39:58trade is up about 20 G's. That's good. I
- 3:40:00wanted to get that bigger retrace off of
- 3:40:01this. I've been taking some heat last
- 3:40:03couple days. It's good to put a W on the
- 3:40:05board at least.
- 3:40:07Um, or it be Nancy Pelosi and know
- 3:40:09something. So, always ask yourself, does
- 3:40:11Wall Street know something you don't
- 3:40:12know? And the question is you may not be
- 3:40:14able to know what that is but you might
- 3:40:15be able to speculate uh using the
- 3:40:18following you know this is a very strong
- 3:40:20postulate is that all available
- 3:40:22information is always priced into the
- 3:40:24market in real time. So whatever's
- 3:40:27coming up next or the next couple of
- 3:40:29nexts what's on the calendar what's
- 3:40:31coming up you can assume that people are
- 3:40:33already has the have the information for
- 3:40:34and already trying to price it in. So um
- 3:40:39good deal. Finally, for the first time
- 3:40:40and ever, we've got some some uh selling
- 3:40:43pressure off of the off of one of these
- 3:40:45tops and yellow lines. We haven't seen
- 3:40:46one of those in a while, which is kind
- 3:40:47of good. Um
- 3:40:50I put some dubs on the board. Feels kind
- 3:40:51of nice. Um I've had like maybe like
- 3:40:53three or four losing days in a row. I
- 3:40:55dipped under the 200K, which is kind of
- 3:40:56blah. This is 30K, so I'm happy with
- 3:40:59that.
- 3:41:01Um at least want to take a small put
- 3:41:04some small lock on that.
- 3:41:07Um,
- 3:41:10drop that down to 20. I don't know if
- 3:41:12this is the big reversal, but we're near
- 3:41:13all-time highs. I think uh S&P is right
- 3:41:16up here. So, that's good. Good deal.
- 3:41:19Good deal. Good deal.
- 3:41:24Good deal.
- 3:41:28Perfect timing, baby. My call space is
- 3:41:30228 right up here at the top. I love it.
- 3:41:33I love it. That's better than a sharp
- 3:41:35stick. And my dad say, "Matt's cooking."
- 3:41:37Thank you for watching the chef cook. I
- 3:41:39appreciate it. I take all my stabs of
- 3:41:40these yellow lines every time, which is
- 3:41:42kind of nice. Um, we'll see what we have
- 3:41:44here.
- 3:41:46Somebody deliver some blower to us.
- 3:41:48What's going on?
- 3:41:50>> Oh, what kind of weapons did we get? Oh,
- 3:41:52knives. Yeah,
- 3:41:53>> my knife collection came in.
- 3:41:55>> Cool. All right, I'll take the 30g and
- 3:41:57lock it in. So, uh, let me see what
- 3:42:00happens from here. Like I said, I think
- 3:42:01this is just volatility. Uh, the market
- 3:42:04might have this desire to test highs. I
- 3:42:05don't know if this is the big reversal,
- 3:42:06the sell-off, but let me play with it
- 3:42:08again a little bit.
- 3:42:11It's It's really hard to trade this
- 3:42:14and I don't want to I don't want to do
- 3:42:16too much lock it in. Yeah, just some big
- 3:42:18selling pressure closer to these alltime
- 3:42:20high levels. Um
- 3:42:22DD band quick short. It's a 92 DD ratio,
- 3:42:25so I'm going to take what I can get on
- 3:42:27those scalps. So, that's pretty good. Uh
- 3:42:29that was uh 30k profit, so uh I'm
- 3:42:33chilling on that.
- 3:42:35We'll see now again if I rocket scooter
- 3:42:38yellow line is a rocket scooter
- 3:42:39proprietary calculation. Yes sir. Well
- 3:42:41it's it's an exploit of the margin
- 3:42:42buffer limit which is CE thing. Nobody
- 3:42:44nobody teaches how to trade off of that
- 3:42:46except for us. These yellow lines are
- 3:42:48beautiful pivots. That was a 30k trade
- 3:42:50in 20 minutes. So that was good. Yes
- 3:42:53sir. Harvey. We teach in the boot camp
- 3:42:55too how to do it. It's a manual couch.
- 3:42:57So um
- 3:43:00the bull trap of a lifetime. It's over
- 3:43:02now. Let's go. Let's go. Hey,
- 3:43:05maybe so, right? I'm so scared to be
- 3:43:08short this market, though, man.
- 3:43:11I don't like quick candle drops like
- 3:43:13that. That's why I closed out. I like to
- 3:43:14see the market I like to see the market
- 3:43:16change its mind by slowly building a top
- 3:43:19on a quick spike and a quick drop. I
- 3:43:22usually don't like unless there's news
- 3:43:23driving it, I don't like to hold it.
- 3:43:26I like to be in if I'm in a trade that
- 3:43:28sort of like works its way like higher
- 3:43:31and fights and fights and fights and
- 3:43:33then gives up a little and gives up more
- 3:43:35and gives up more. That's usually where
- 3:43:37it's squeezing people and then it starts
- 3:43:38to fall faster and speeds up. When the
- 3:43:40market's like this and it just drops
- 3:43:42really quick, it's like a liquidity test
- 3:43:44and I usually just take the profit on
- 3:43:46that. And a lot of times I'll miss out
- 3:43:47on a bigger move if that happens. But
- 3:43:53that's all right.
- 3:43:55Quick drops are better for long indeed.
- 3:43:56Yeah, with the volatility being high,
- 3:43:58this could just be volatility on the
- 3:43:59move. But hey, we'll see. We'll see how
- 3:44:02well it goes.
- 3:44:04Uh, can we end up down here by the day?
- 3:44:06Let's look at the Let's double check all
- 3:44:07the techniques here. Uh, resiliences are
- 3:44:09all positive. Things are good. Uh, S&P
- 3:44:12just got really close. The 7043 level, I
- 3:44:14think, was S&P's alltime high, at least
- 3:44:17on the continuous contract.
- 3:44:22Yeah, I think the 7043 was it. Let me
- 3:44:24see if it went higher than that in
- 3:44:25October.
- 3:44:26It did not. No, it didn't. So, on the
- 3:44:28continuous contract, which isn't
- 3:44:30necessarily the all-time high, it was
- 3:44:32just the high of the front month when it
- 3:44:33was the time. That's that level. And you
- 3:44:35can just see there's some always some
- 3:44:36technical resistance at these previous
- 3:44:38contract highs. You always see that.
- 3:44:40That's pretty common. And uh that was a
- 3:44:43pretty that's pretty obvious play. Uh
- 3:44:45scalping it inside of this. Do I think I
- 3:44:47get a bare reversal from here? I don't
- 3:44:49know. I really don't know.
- 3:44:52Wait for the PM open. and see if we're
- 3:44:53wanting it back to stop. Yeah. Uh
- 3:44:55retracing the full the full trade would
- 3:44:57go to 117. So,
- 3:45:06uh I'm looking across the board. Looks
- 3:45:07like most of the stocks are pulling back
- 3:45:08a little bit. Uh Nvidia pulling back
- 3:45:12right there. Apple
- 3:45:14sort of selling a tiny little bit. Meta
- 3:45:17little bit. Mark Salt a little bit.
- 3:45:22AVGO lot of bit AVGO fell back to open a
- 3:45:24second ago.
- 3:45:26Now, this is where the real test
- 3:45:27happens. This market's bullish. It'll
- 3:45:29it'll pick up right back to here. This
- 3:45:31is a bull market. Uh it'll it'll somehow
- 3:45:34make its way back to there very quickly.
- 3:45:38And who knows what it does, but this is
- 3:45:40the spawn. This is the scalp. Um it's
- 3:45:44pretty solid trade. Uh that's that's
- 3:45:46that's typical. Now, that trade has lost
- 3:45:48the last uh three times I tried to do
- 3:45:50it. So, it's not really uh it's not
- 3:45:53really it's more of a 50/50 shot, but in
- 3:45:55a greater bare reversal, I'm certainly
- 3:45:57bigger bearish on the market at these
- 3:46:00levels when I can find a pivot to short
- 3:46:01from. So, here this example is um here
- 3:46:04it worked. Here it didn't. Here it
- 3:46:07didn't, and here it didn't. So, I I I I
- 3:46:10won, lost, lost, lost, and then won. So,
- 3:46:13it's like hit or miss. It's not really a
- 3:46:15strong uh you can't create like a strong
- 3:46:18technical bias out of which direction it
- 3:46:20goes. But you know if you're like when
- 3:46:22the market's trickling up and you're
- 3:46:23like I definitely want to short today.
- 3:46:25You wait for that level and then that's
- 3:46:27your that's your coin flip. If I'm right
- 3:46:29or wrong on the trade, at least I'm
- 3:46:30right from the right place or wrong from
- 3:46:32the right place. It's just the most
- 3:46:33important thing. Picking the right spot
- 3:46:35is very important. And we have this down
- 3:46:36to a science at this point. So
- 3:46:39whether I get it right or wrong is
- 3:46:41obviously a coin flip, but at least I'm
- 3:46:43not wrong. My losses aren't too big when
- 3:46:45I'm wrong. My losses are pretty pretty
- 3:46:48tight if I am wrong. So I was giving
- 3:46:49myself like 40 points off of this. Uh
- 3:46:52and then from 41, I made 80 points off
- 3:46:54of that. So
- 3:46:57not that uh not that hard to plan around
- 3:46:59it. But yeah, this is such a good
- 3:47:02uh that was such a good play. Now I
- 3:47:03could I could have keep shorting this
- 3:47:05further. Uh but we'll see. Is this the
- 3:47:07day that we sell off and crash? Who
- 3:47:09knows?
- 3:47:12Who who knows with this market, man?
- 3:47:15It we're we're overdue for something
- 3:47:17like this, right?
- 3:47:19And obviously this is volatility and
- 3:47:21this is pretty easy to see because all
- 3:47:23morning volatility is starting to pick
- 3:47:24up
- 3:47:26um down here.
- 3:47:28Vix was picking up like crazy. So, or
- 3:47:31not like crazy, but a little bit. So you
- 3:47:33can see the volatility starting to cook
- 3:47:34its way in.
- 3:47:36Um
- 3:47:39so probably best case scenario maybe an
- 3:47:41hour maybe two hours of selling. Maybe
- 3:47:43this tries to retrace to 7:30. Um bumps
- 3:47:46into here and then sort of press it way
- 3:47:47down for a second wave. Uh we shall see.
- 3:47:56Did I take any longs past two weeks? Uh
- 3:47:58I did but not for like the last three
- 3:48:00days. cuz I was only trying to short it,
- 3:48:02which is the wrong thing to do.
- 3:48:08I was a mix of longing and shorting all
- 3:48:10through the big sell-off and all through
- 3:48:12the first couple days of rallying
- 3:48:13through. I was doing both sides.
- 3:48:17All right, so here's the first bounce
- 3:48:19from the from the 50 retrace on here uh
- 3:48:22about this area. I'm looking to see, you
- 3:48:23know, if it does hold this, if we if we
- 3:48:26do sell off today, it'll it'll bump to
- 3:48:27there and then continue to go, which I
- 3:48:30don't know if we get. Obviously,
- 3:48:31positive resiliences are strong enough
- 3:48:34to support this key area, and I think
- 3:48:36that it might actually try to try to
- 3:48:37fight its way off. It'd be very, very
- 3:48:40unpredictable to guess what's going to
- 3:48:42happen. We do have expiration Friday
- 3:48:44where equities will expire.
- 3:48:47Uh, and like I said, I don't think this
- 3:48:48market's looking to reward bears just
- 3:48:51yet. Uh, I think that this is going to
- 3:48:54probably try to make its way higher and
- 3:48:55then sort of just spend the rest of the
- 3:48:58day maybe squeezing higher. It might it
- 3:49:00might be stupid. Who knows? Who knows
- 3:49:01what happens to the damn market?
- 3:49:05I'm stupid. You kidding? Are you
- 3:49:08kidding? Did you hear what she said? Did
- 3:49:11you hear that?
- 3:49:13Did you hear that?
- 3:49:15I'm stupid. All right. Maybe this is
- 3:49:19true, but still. Come on, bro. Why'd you
- 3:49:23have to go there?
- 3:49:29She just
- 3:49:30>> We're sorry for you.
- 3:49:32>> Out of the blue. She just goes, "You're
- 3:49:35stupid."
- 3:49:38Come on, man. Same team, bro. Come on.
- 3:49:45>> Yeah. No. Stop. Do Do not support what
- 3:49:49she's Do not Do not support her when she
- 3:49:51does this.
- 3:49:54How dare you.
- 3:49:57I can't believe any of you. I thought I
- 3:49:59thought we were friends. No, don't don't
- 3:50:03encourage
- 3:50:04her. No. Aby's going to start banning
- 3:50:06you if you encourage this behavior. This
- 3:50:08is not allowed. This is a professional
- 3:50:09place of business. How dare How dare all
- 3:50:13of you. All of you.
- 3:50:17Oh my god. Where's HR? We have an HR
- 3:50:19department here.
- 3:50:23Trevor's here. Get out that banhammer.
- 3:50:25Don't Don't encourage her. Don't let her
- 3:50:27talk in chat.
- 3:50:32Everyone's ganging up against me.
- 3:50:39All right. So, it looks like I got out
- 3:50:40kind of at the right spot on this trade.
- 3:50:42Looks pretty good. Oh, by the way, we
- 3:50:45sealed the deal on Idok's car. Part of
- 3:50:47this morning's stream was to help her
- 3:50:48pick out a license plate color. The
- 3:50:50biggest the biggest most important
- 3:50:52question we've had today was does does
- 3:50:55uh pink crash with the lime green or the
- 3:50:57mint green? So, Id do got a new car.
- 3:51:01Hold on, let me let me start over.
- 3:51:02Should I have this car yet? This might
- 3:51:05have been a stupid decision on my
- 3:51:07behalf.
- 3:51:08>> Okay,
- 3:51:09>> I'm just kidding. I'm just kidding.
- 3:51:11I'm kidding. So, we got ID do a new car.
- 3:51:14This to celebrate her brand new business
- 3:51:16opening uh which is opening this summer.
- 3:51:19Probably end of the summer, right?
- 3:51:23>> Maybe. Or maybe. Yeah. Fall. Fallish.
- 3:51:27So, uh we got herself a nice little car
- 3:51:32uh for her present,
- 3:51:36her congratulations present.
- 3:51:38Here we go. Let's see what happens.
- 3:51:40Moment of truth. Is this market dying
- 3:51:42today? All right, guys. Form in chat.
- 3:51:44Hit that up. Hit that form. Do I still
- 3:51:47have the Maser ready? I actually still
- 3:51:48do. I should probably go sell that
- 3:51:51today.
- 3:51:53I'm going to go sell it today. Probably.
- 3:51:55I'm going to dump it off at a CarMax or
- 3:51:58something. CarMax is far away though.
- 3:52:01I hate driving
- 3:52:03all the way out in the BBS. Carvana,
- 3:52:06CarMax or something. I didn't trade it
- 3:52:07in. Um
- 3:52:10uh because I'll probably get a little
- 3:52:12more money. If you go to like Carvanas
- 3:52:13or CarMax, I usually get a little bit
- 3:52:14more money out of it.
- 3:52:18>> Yeah, leave it open a little bit.
- 3:52:21I'm sure if I'm lucky, I'll get 15k out
- 3:52:24of that Maserati.
- 3:52:27Dude, that volume's picking up. Look at
- 3:52:30that. Do I want to get back in on this?
- 3:52:40Nah.
- 3:52:42Nah. This is the first first wave of any
- 3:52:46selling that we've seen that's been
- 3:52:48strong. We haven't seen strong selling
- 3:52:50in about
- 3:52:52maybe two weeks,
- 3:52:55I would say.
- 3:52:59>> Which one?
- 3:53:03>> The week started on Monday here. So,
- 3:53:07>> it says Monday at the bottom. You see
- 3:53:08the bottom of the screen?
- 3:53:09>> I'm not stupid.
- 3:53:11>> You're stupid.
- 3:53:13>> That's crazy.
- 3:53:15>> Monday money Monday at the bottom, then
- 3:53:17Tuesday is here, and then Wednesday is
- 3:53:18here.
- 3:53:19>> Each one.
- 3:53:22Where's the week start? And I'm the I'm
- 3:53:25the I'm just kidding. Actually, week
- 3:53:26starts on a Sunday technically.
- 3:53:32>> Has
- 3:53:33>> pretty much like this is more of a
- 3:53:34variety stream. Anything you guys want
- 3:53:36to know about dogs, HOAs,
- 3:53:39uh taxes, owning businesses,
- 3:53:43really really bad dancing. Does do
- 3:53:45colors like pink and green clash with
- 3:53:47each other? This is more of a variety
- 3:53:49stream than anything. Uh all right. So
- 3:53:51here, yeah, we haven't had any really
- 3:53:52strong selling, I guess, since maybe
- 3:53:54like last Wednesday. That's the only day
- 3:53:56there was any significant amount of uh
- 3:53:58selling throughout the majority of the
- 3:54:00day. Uh before we had that announcement
- 3:54:02about the rand stuff, things have just
- 3:54:04been sort of like pressing up with no
- 3:54:06lower lows being found. So I think that
- 3:54:08today uh as it maybe trickles up, I
- 3:54:10might want to take like I said, I maybe
- 3:54:13it's going to be really hard for me to
- 3:54:15believe that this comes down to here,
- 3:54:16but it can. If it sells today, it sells
- 3:54:18really hard. So maybe it does. I don't
- 3:54:20know.
- 3:54:22Maybe I want to do something small
- 3:54:25instead of something big.
- 3:54:28Let me build a second time on a wider
- 3:54:30play. So, this is more of a risky thing.
- 3:54:32I did close right here, but I kind of
- 3:54:34want to build
- 3:54:37off of Maybe it does do a big sell.
- 3:54:38We'll see. Okay, I'll put in six
- 3:54:40contracts
- 3:54:43and we'll play off of this. So,
- 3:54:44basically, I closed here, let it do its
- 3:54:47thing, and then I jump back in with six.
- 3:54:49Just imagine me like closing 20 and
- 3:54:50holding a runner. So, I've got six. In
- 3:54:52case it bounces back to there or bounces
- 3:54:54up, I will average into it at a high to
- 3:54:56build a second time and let it fall.
- 3:54:59Let's see what happens.
- 3:55:01It does it does have that feel like it
- 3:55:03actually can fall below lows today. Now,
- 3:55:05resiliences don't give me that sort of
- 3:55:07play. I would say
- 3:55:10resiliences are still very positive. So,
- 3:55:12it'll be hardressed to see if we hit the
- 3:55:14open and keep falling, but maybe. I
- 3:55:15don't know.
- 3:55:18So when I closed out all just in case it
- 3:55:21was going to jump right back up so I can
- 3:55:23short again. I still want to build in
- 3:55:24the same place.
- 3:55:26Uh but we will see if this squeezes back
- 3:55:29up to 210. That's like hundreds of
- 3:55:30points of move or whatever. I'm going to
- 3:55:32build same position through the same
- 3:55:34place here and here with pretty much the
- 3:55:37same heaviness. I'll try to do the trade
- 3:55:38once uh six in case it falls. The next
- 3:55:41140 points that I want to see it fall
- 3:55:43maybe even further. Uh, I can get 25 at
- 3:55:47the top if it jumps.
- 3:55:50We shall see. We shall see, friends. Uh,
- 3:55:53guys, I have to tell you, thank you guys
- 3:55:54for giving us here at My Fund and Future
- 3:55:5664.1,000
- 3:55:58subscribers. That's huge. Uh, we've
- 3:56:01grown so big on this channel. I think
- 3:56:02when I started, we were barely at 10K.
- 3:56:04So, that's crazy to see us grow like
- 3:56:06that. Uh my channel Monday had the
- 3:56:10biggest views we've ever had in the
- 3:56:12history of my channel in 10 years of
- 3:56:14streaming. Uh which was crazy. Uh until
- 3:56:16Tuesday, which was the biggest channel
- 3:56:18views we've ever had in history of the
- 3:56:19channel. So Monday was a record and then
- 3:56:21Tuesday broke Monday's record. Today
- 3:56:23hopefully equally huge. You guys have
- 3:56:24been helping us grow this channel uh
- 3:56:26here and of course my own channel. I
- 3:56:28can't thank you guys enough. So it's
- 3:56:29been cool.
- 3:56:31It's been very cool to grow with y'all.
- 3:56:33MFFU is huge. That's why with all
- 3:56:36supporters. That's right. That is right.
- 3:56:39Uh don't forget our prop score site that
- 3:56:41I've made launch as a free service for
- 3:56:43the community allows you to rank prop
- 3:56:46firms based on the score which is based
- 3:56:49on the mathematics of the offerings of
- 3:56:51the score.
- 3:56:53>> Yes sir. And what it does is it lets you
- 3:56:56see how good a prop firm is based on its
- 3:56:58actual offerings rather than subjective
- 3:57:00ranking. So you'll see like all the
- 3:57:03things like DLL, consistency, all that's
- 3:57:05ranked into it and you can see which
- 3:57:06firm is actually better based on dealing
- 3:57:08app. All right, prickle. You want some
- 3:57:09of this? You want some of this? Come
- 3:57:11here.
- 3:57:13You want some of this? Come here. Come.
- 3:57:17Come here. Come on.
- 3:57:21Come here. Come on.
- 3:57:27>> He surrendered for some reason.
- 3:57:30>> Good boy. Ready?
- 3:57:33Come on. Come on.
- 3:57:37Get it.
- 3:57:42>> He didn't want it this time.
- 3:57:43>> Yeah,
- 3:57:44>> he didn't win it this time, dude. Early
- 3:57:47on the stream, he was barking at me and
- 3:57:50I pointed the money gun at him and he
- 3:57:51just ran off. He got scared and ran
- 3:57:54away. Oh, they can't see it because he
- 3:57:56was uh Oh, the screen doesn't show it.
- 3:57:58That was me plant like on that screen
- 3:58:00just looked like I was squatting on the
- 3:58:01ground shooting money everywhere. But if
- 3:58:03you if you if you could see the whole
- 3:58:05scene the pickle pickle was down here uh
- 3:58:08barking at me. You guys can't hear it.
- 3:58:10So I was uh chasing him around with the
- 3:58:12money gun.
- 3:58:15He was barking and I I pointed the money
- 3:58:17gun at him and I go freeze and he's like
- 3:58:20and he ran off
- 3:58:22and then uh he picked up one of the
- 3:58:24dollar bills and he literally destroyed
- 3:58:26it. There's a tweet I made of it. But
- 3:58:28anyways, uh, Prop Score is a big thing
- 3:58:30we've been building for months. And
- 3:58:31speaking of my funded futures, it ranks
- 3:58:33as one of the best mathematically best
- 3:58:35prop firms out there with the best
- 3:58:36rules, cheapest prices, uh, best returns
- 3:58:40for investment for time and markets,
- 3:58:41quick things like that. It's all good.
- 3:58:43Oh, thank you very much, man.
- 3:58:45So, a free service for you guys. We just
- 3:58:47built this um you know cuz we look out
- 3:58:50there and we see that this prop industry
- 3:58:52is really hard for you guys to kind of
- 3:58:53make smart decisions because it's all
- 3:58:55marketing, right? You go on social
- 3:58:56media, it's everybody's marketing.
- 3:58:58Whoever pays the most for marketing, you
- 3:59:00hear the most about. There's not really
- 3:59:01an honest sort of place for you to just
- 3:59:03hear uh what what actually is good and
- 3:59:06what actually is bad. People just say
- 3:59:08whatever is good because they're they're
- 3:59:09paid to market it. So, it's really hard
- 3:59:11for you guys to sift through noise and
- 3:59:13is this firm actually good? Is this firm
- 3:59:15actually have good rules? Uh so
- 3:59:17mathematical auditing is just this is
- 3:59:19the facts of the firm. These are all the
- 3:59:21data points that go in and here's the
- 3:59:22number that comes out. It's free service
- 3:59:24for you guys. We launch it on May the
- 3:59:254th on Star Wars day which it's
- 3:59:27excellent. Uh maybe I'll dress up like a
- 3:59:30like a Jedi for the stream. So that's
- 3:59:34coming out soon. We've been growing so
- 3:59:36much. We're so excited to be all doing
- 3:59:37all these cool new projects. So I am
- 3:59:40thrilled.
- 3:59:42All right. So I put a sixrunner back on.
- 3:59:44Uh this is just basically where where I
- 3:59:46closed at right here. So I'm kind of
- 3:59:48back into a small trade. Uh I don't know
- 3:59:50if it does sell off from here. Probably
- 3:59:52not. But I I still want to kind of take
- 3:59:55a possible stab if this is a a trade
- 3:59:57that that sells off for like a couple
- 3:59:58hours maybe. Um we shall see. I'll add
- 4:00:01two more to it right there on that pump
- 4:00:04and keep it at close to eight. Maybe
- 4:00:05maybe maybe 10 in this range and then
- 4:00:07I'll put 20 25 back at the top. Dress up
- 4:00:10like a Wookie. Oh my god. Maybe Pickle
- 4:00:13can be a Wookie.
- 4:00:15Hey, Piggle, can you make a wookie
- 4:00:17sound?
- 4:00:19>> I can't do it.
- 4:00:22>> I sound like I'm garling mouthwash.
- 4:00:26>> I don't think I can do Wookie sounds
- 4:00:28that good.
- 4:00:30>> Travel anywhere for work.
- 4:00:33>> Oh, let me tell you about Wookie sounds.
- 4:00:35So, one of my one of my friends told me
- 4:00:36a story about somebody they know played
- 4:00:38a prank on somebody they knew by writing
- 4:00:42writing their phone number on a bathroom
- 4:00:44wall, a bathroom stall wall, and saying,
- 4:00:47"Uh, if you call this number, there's a
- 4:00:50contest. Call this number and leave a
- 4:00:52voicemail with your best Wookie
- 4:00:54impression,
- 4:00:56and you can enter to win a prize for
- 4:00:58something big." And they said, he said,
- 4:01:00this guy they knew had to get a new
- 4:01:02phone number because he would get
- 4:01:04hundreds of wookie wookie calls a week.
- 4:01:05You just pick up the phone and be
- 4:01:08like, just imagine picking up your phone
- 4:01:12and somebody just like throwing Wookie
- 4:01:14sounds at you like non-stop. I mean,
- 4:01:16what like the most epic troll that you
- 4:01:18could give to somebody that you
- 4:01:19absolutely hate? Like, you know what I
- 4:01:20mean?
- 4:01:22That's funny.
- 4:01:24Um,
- 4:01:26anyways,
- 4:01:31what's up? All right, what do we got on
- 4:01:33here? All right, the new giveaway format
- 4:01:35where winners are winners are ran
- 4:01:37instantly. Oh, I can't even read here.
- 4:01:39Winners
- 4:01:41ah, winners are ran instantly was better
- 4:01:43than before or worse than before. Vote
- 4:01:45now. Might affect the future of these
- 4:01:46giveaways. Do you guys like the new
- 4:01:48thing? That's a new story from
- 4:01:50Australia. Is that what it was? My
- 4:01:52friend was telling me the story. So, I
- 4:01:54don't know if it was his story.
- 4:01:57That's where they did it, too. But
- 4:01:59that's where it originated. Uh, was it
- 4:02:01Peter that was telling us that story?
- 4:02:04That was Peter, right?
- 4:02:05>> The Wookie story.
- 4:02:08>> Who's the one that told us the story
- 4:02:09about the Wookie from the phone number
- 4:02:11on the bathroom?
- 4:02:13Jason and Peter.
- 4:02:15>> That's who I think was telling us. Yeah.
- 4:02:17>> I wouldn't be surprised that those are
- 4:02:19the those are the two that would do it.
- 4:02:21Our friends like to prank each other a
- 4:02:24lot.
- 4:02:31You met the guy that told us the story,
- 4:02:33Charlie, at u at our party. He was
- 4:02:35there.
- 4:02:40Okay.
- 4:02:42I said I'm not really too convinced that
- 4:02:44uh let's just double check where VIX is
- 4:02:46really quick. I'm not too convinced this
- 4:02:48is the day that sells off, but I still
- 4:02:49want to take make attempts at it. So,
- 4:02:50this is back where I was. Just pretend
- 4:02:52like I closed out everything up till 8
- 4:02:55and I'm holding on to a runner just in
- 4:02:56case. Uh, VIX has been going up. The VIX
- 4:02:59has now turned into a bull long up. So,
- 4:03:01we now have uh bullish propagation of
- 4:03:03VIX itself uh through its own hedging.
- 4:03:06So, this could create a larger
- 4:03:08volatility.
- 4:03:10uh if this fails here again this can try
- 4:03:12to make its way back up but if it does
- 4:03:14fail here
- 4:03:16um
- 4:03:17can create a larger volatility and then
- 4:03:19larger moves. So it's it's possible but
- 4:03:22not likely that we do sell off from
- 4:03:24rolled into the new hour. It's now noon
- 4:03:26noon o'clock my time and if anything it
- 4:03:30is very possible that we do retrace a
- 4:03:32lot of this over the next day or two. I
- 4:03:34don't know, but I'd like to at least
- 4:03:36take a stab for it. Stab at it.
- 4:03:40Not Not the big
- 4:03:43He's in a bagel's in a mood today.
- 4:03:56>> You didn't even carry him yet. You
- 4:03:57haven't come here.
- 4:04:00>> He always like every time I come over,
- 4:04:01he looks at me like he's in trouble.
- 4:04:03He's like, "What did I do?" All right,
- 4:04:04let me show you Pickle's trick. Ready?
- 4:04:05He sits He sits straight up. He never
- 4:04:08wants to be down. When he's in the
- 4:04:09chair, he always sits straight up.
- 4:04:10What's up, bud? What's up, boy?
- 4:04:16>> Scratch your armpit.
- 4:04:17>> Scratch your armpit. Scratch your arm.
- 4:04:19>> Smell it.
- 4:04:20>> What's up, boy?
- 4:04:24What's up?
- 4:04:26You want attention? All right.
- 4:04:29>> Let everybody know what's up.
- 4:04:34He got his hand on the ball. Look at
- 4:04:36this boy here. Hey.
- 4:04:38>> Oh no.
- 4:04:38>> He's like, I don't want to talk. He's
- 4:04:40like, nope. Nope. None. You want to
- 4:04:42talk? Nope.
- 4:04:45You don't want to talk. All right. You
- 4:04:47want to talk? Nope.
- 4:04:50No mics today, please.
- 4:04:53All right. You want out of here? Okay.
- 4:04:57That was pretty That was pretty epic.
- 4:05:00>> He's like, "Nope. No,
- 4:05:03not today. No comment. No comment.
- 4:05:09No comment today.
- 4:05:14Okay, now this could retrace the whole
- 4:05:16way up. Like I said, I wanted I wanted
- 4:05:17to maybe have something just in case
- 4:05:20this is the day I want to be prepared
- 4:05:21for that day. But maybe maybe the bulls
- 4:05:23jump back in on this. We'll see. Nvidia
- 4:05:25had fallen all the way back, I think, to
- 4:05:28close to its open. I don't think it made
- 4:05:29it the whole way down, but it got pretty
- 4:05:30close. No, it did. It made it all the
- 4:05:32way back to open.
- 4:05:34So, uh, the really the really stronger
- 4:05:37support is likely to be down in here.
- 4:05:39So, my my thought is if we were to hit
- 4:05:41MHP, we'd have like another possible leg
- 4:05:43down. If we get down to here, I'd be
- 4:05:45very excited about that.
- 4:05:47But this market is just not finding a
- 4:05:51big wave of sellers.
- 4:06:04The algos are still on buy mode here.
- 4:06:13So I have a small position here and the
- 4:06:16same the same exact play from here. So
- 4:06:18if it gets back up to that top, I'll do
- 4:06:21I'll I'll make the same the same play.
- 4:06:22if and if I enter one more time, it's
- 4:06:25like all or nothing back to the bottom
- 4:06:28or not. And I always take these stabs
- 4:06:29like this. A lot of times it doesn't
- 4:06:30work. A lot of times it's just that's
- 4:06:32the big first sell and then the market's
- 4:06:33going to test and then you fail and keep
- 4:06:35going, which is very possible. Um,
- 4:06:39but I got to take a stab at it because
- 4:06:40every single time it's like a small
- 4:06:42loss, small loss. But if you get it,
- 4:06:43then it's a big win. So if it is the day
- 4:06:46that does sell, it's really hard to tell
- 4:06:48because that bullishness still sort of
- 4:06:50is there, right? You can still feel it.
- 4:06:53Um, but VIX is getting higher, so the
- 4:06:54volatility is going to get bigger. So,
- 4:06:55your V's are going to get somewhat
- 4:06:57bigger. Um, so maybe we can get to here
- 4:07:00and then maybe it gets bigger. We'll
- 4:07:02see.
- 4:07:07We shall see.
- 4:07:11It's crazy how there is just
- 4:07:14no end to this. Let the hedging begin.
- 4:07:17Yeah. Right.
- 4:07:27And I just wait. So now I'm now I'm
- 4:07:28scooping it. Like if this is a if this
- 4:07:30is a bigger like reversal downside,
- 4:07:33which I don't know that it is, but all
- 4:07:34all the all the stuff is there for it.
- 4:07:36VIX isn't a bullish liquidity map, which
- 4:07:39is good. Uh none of none of these things
- 4:07:41are bullish. This is all I mean bearish.
- 4:07:43These things are all bullish. But VIX
- 4:07:46climbing means the volatility is getting
- 4:07:48bigger. So the question becomes, is this
- 4:07:49just volatility, right, that's going to
- 4:07:52sort of clean up itself by tomorrow, or
- 4:07:54is this just that we got close to the
- 4:07:56high, now this is the one day that sells
- 4:07:58off and then the bigger reversal goes
- 4:08:00tomorrow. We we shall see. Uh or the
- 4:08:03bigger runup. We have expiration on
- 4:08:04Fridays. So I'm not really
- 4:08:08I'm not really betting on a on a bigger
- 4:08:10mechanic of things changing until closer
- 4:08:12to then. Maybe Thursday, Friday, we'll
- 4:08:14probably maybe see some movement, bigger
- 4:08:17movement. Um, we'll we'll see though.
- 4:08:21I thought that this would be sort of
- 4:08:23that peak to be at. So, took one one
- 4:08:26short there. And now I'm building a
- 4:08:27second. My call space is at 130 though,
- 4:08:29which is kind of really bad because I
- 4:08:30did I did jump in here. Um, we can
- 4:08:40just going to wait and then if we get up
- 4:08:41to here, I'll smack it one more time.
- 4:08:46Actually, let me
- 4:08:536 to 210.
- 4:09:01Yeah, usually
- 4:09:05if my Spidey senses tell me correctly,
- 4:09:07this might actually just support here
- 4:09:09and keep going. So, that just retrace.
- 4:09:12All I did was mark the halfway point.
- 4:09:13That's all this tool is here is to mark
- 4:09:14the halfway point of that move. Then the
- 4:09:16halfway point of this move just to mark
- 4:09:18like where where where buyers was found
- 4:09:20were found on that large volume
- 4:09:22liquidity was found and then right here
- 4:09:23when if the market does reverse down uh
- 4:09:26where's the middle? So I look at the
- 4:09:27middle to be sort of like gauge
- 4:09:33look for any trades. Yeah. So I shorted
- 4:09:35this a second ago, made about 30G on it
- 4:09:37and then I closed everything out. Then
- 4:09:39right here I'm starting to build a
- 4:09:40smaller position just in case it does.
- 4:09:44This is the one day we have a, you know,
- 4:09:46one day retracement sort of sell up
- 4:09:48thing and we'll see on this one.
- 4:09:52And again, me knowing this market, it's
- 4:09:55probably going to eclipse this and keep
- 4:09:56going.
- 4:09:59It's been very hard to find volatility,
- 4:10:00but it is the perfect storm of of
- 4:10:02volatility. Um, a bullish volatility
- 4:10:04liquidity map, which is good, which
- 4:10:06means we probably still have enough chop
- 4:10:07in here for me to get some money on a
- 4:10:08trade like this, too. Um, and then we've
- 4:10:12got VIX above the contango midpoint,
- 4:10:15which is the brand new 1947. We rolled
- 4:10:18into new VIX contract last night because
- 4:10:20we had VIX options expire this morning.
- 4:10:22Every month on the third Wednesday of
- 4:10:24the month, VIX options will expire
- 4:10:25monthlys. And then you roll into a new
- 4:10:27VIX contract the night before. So you
- 4:10:29see this green line right here on
- 4:10:30Thinker Swim. We rolled into the May
- 4:10:32contract now in VIX futures. And anytime
- 4:10:34you're trading above this tripleB level,
- 4:10:36which is the contango midpoint, when
- 4:10:37you're in contango, the market just has
- 4:10:39the ability to have more volatility. So
- 4:10:41when you're like last month, for
- 4:10:43instance, we were just trading below
- 4:10:44that level for so long. Um
- 4:10:48it was here the April was uh at 2262
- 4:10:52and once we dropped below it
- 4:10:56like the last three or four days right
- 4:10:57here, 22 once when we once we fell below
- 4:11:00it, the market just did not have any
- 4:11:02volatility, right? we didn't have any
- 4:11:03more chop, but now we rolled into a new
- 4:11:05contract. It's a new dynamic and VIX has
- 4:11:07been starting to climb all morning. So,
- 4:11:08we know that there's some chop potential
- 4:11:10there. So, usually it's like the dynamic
- 4:11:12sometimes because of hedging just gets
- 4:11:14set in stone until you roll into a new
- 4:11:16event. So, usually the third Wednesday
- 4:11:18of the month, you have a new VIX event,
- 4:11:19right? Expiration and then the third
- 4:11:22Friday of every single month, you have
- 4:11:23equities expiration, which also an
- 4:11:25event. So usually that Wednesday and
- 4:11:28that can cause some volatility to start
- 4:11:30to appear like today and then Thursday
- 4:11:32Friday if there is any kind of trade a
- 4:11:34lot of times in strong bull markets
- 4:11:36you'll see that like the market will
- 4:11:37rally up and then Thursday Friday we'll
- 4:11:40like sell sell and then Monday Tuesday
- 4:11:42and keep going for the next month and a
- 4:11:44lot of times in bull markets the last
- 4:11:46two days of the month usually can cause
- 4:11:47some selling profit taking usually a lot
- 4:11:50of times depending on the environment
- 4:11:51now it's more like an empirical
- 4:11:53observation but I'll show you guys some
- 4:11:55what what I'm talking about here.
- 4:11:58Do a fresh clean chart.
- 4:12:00So leading into, you know, like we
- 4:12:03haven't seen a bull market in a while.
- 4:12:04So let's kind of go back to what I mean
- 4:12:05when I'm talking about like an actual
- 4:12:07bull market. So these red lines are
- 4:12:09expiration lines, right? So you know,
- 4:12:11rally rally rally rally pull back and
- 4:12:13expiration. Rally rally rally rally
- 4:12:15rally pull back slightly before
- 4:12:16expiration. Rally rally rally rally sell
- 4:12:18off and expiration. Rally rally rally
- 4:12:20sell off expiration. This is very common
- 4:12:22in bull markets to have near or around
- 4:12:25or right before expiration to have a
- 4:12:27little bit of selling into it in a
- 4:12:29strong bull market. So the question
- 4:12:31becomes you know there there there there
- 4:12:34fairly empirical you can see like this
- 4:12:36some data supported evidence um here
- 4:12:39it's not always but you can see that
- 4:12:41usually have a little bit of shifting
- 4:12:43around is kind of what I'm saying. You
- 4:12:44don't normally see like uh expiration
- 4:12:48markets go bull bull bull bull bull bull
- 4:12:50bull bull and keep going without at
- 4:12:51least asking itself okay we're ending
- 4:12:54the month what's happened like there's
- 4:12:55money shifting around by monthto monthth
- 4:12:57this could be a different scenario
- 4:12:58though this is a weird market we haven't
- 4:13:00seen something like this in a while
- 4:13:01that's a lot like this market um where
- 4:13:04maybe expiration had a little bit of
- 4:13:05selling but it just it just glazed right
- 4:13:07through it like it even happened
- 4:13:08sometimes big strong waves don't even
- 4:13:10care about expiration so we'll have to
- 4:13:12see but at least you get some kind of
- 4:13:14wick action the day of. So I always tell
- 4:13:16myself like you know Thursday, Friday if
- 4:13:19I'm expecting any sort of reversal at
- 4:13:21least mechanically there's a there's a
- 4:13:22high probability you get that uh around
- 4:13:24those days at least some kind of some
- 4:13:27kind of trade like you know like Friday
- 4:13:31we peak we hit alltime highs and break
- 4:13:32above it and then you know if it is a
- 4:13:35nice bull continuation I can expect the
- 4:13:37market to kind of look like this um like
- 4:13:39here and then here and then Friday is
- 4:13:42like that and then Monday keeps going
- 4:13:44you know I mean that's kind of possible
- 4:13:46But at least the high like the midday
- 4:13:48high on Friday is going to be probably
- 4:13:49an obvious short for some, you know,
- 4:13:51some obvious reasons. But if anything,
- 4:13:54uh, if this if the wick candle is here
- 4:13:56today, which should be kind of nice, and
- 4:13:57then Thursday is down and Friday is down
- 4:13:59and then we keep rallying out because it
- 4:14:01is bullish, then that's kind of what I'm
- 4:14:03aiming for, too. I don't want to miss
- 4:14:04like a nice little juicy uh 3-day turn
- 4:14:06if we get it. So, we'll see. Again,
- 4:14:09volatility kind of dried up. uh all that
- 4:14:11selling volume ended and then the market
- 4:14:13algos are back on track in the stocks
- 4:14:15and things are about to keep going.
- 4:14:16Google's bullish today. Nvidia uh
- 4:14:20bullish but sold off most of it.
- 4:14:23Microsoft has been such a such a killer
- 4:14:25last couple days with like without even
- 4:14:27stopping. It's just been rallying
- 4:14:28straight up. Microsoft opened in a
- 4:14:30bearish liquidity map that actually had
- 4:14:32enough bullish pressure to create a
- 4:14:33gamma squeeze. So Microsoft went
- 4:14:35straight up um which is kind of crazy.
- 4:14:40Um Google straight up
- 4:14:43Amazon
- 4:14:45bullish but with support like nothing's
- 4:14:47bearish yet. Stocks are still looking
- 4:14:49pretty good. Maybe Tesla like for
- 4:14:53whatever reason same thing like you know
- 4:14:56just
- 4:14:58short squeezing up and no pulling back
- 4:15:01but like maybe I'll say maybe Tesla's
- 4:15:02pulling back a little bit. Um but still
- 4:15:05way above uh these these support limits.
- 4:15:08Crazy, right?
- 4:15:13We'll see.
- 4:15:16S&P just regained a lot of that selling
- 4:15:18pressure there. This is remnants of what
- 4:15:20we've been seeing last couple days. So,
- 4:15:21like overnight, we had two little spikes
- 4:15:23that return back to starting point and
- 4:15:25then a little spike and drop and a
- 4:15:26little spike and drop. I think there's,
- 4:15:29you know, the mentality is, you know,
- 4:15:31buy every single dip. And S&P is like
- 4:15:33kind of flirting with all-time highs
- 4:15:34again. 7043 is that um
- 4:15:38front month contract high and I don't
- 4:15:40know what that equates to. Let me see
- 4:15:42where the S&P's actual
- 4:15:46high is for this contract.
- 4:15:52So the actual S&P high
- 4:15:56on the M contract was
- 4:15:597098.
- 4:16:02That's crazy.
- 4:16:05We're almost there.
- 4:16:07I kind of do want to be sure I mark this
- 4:16:087043 and 7098.
- 4:16:12Uh, clone clone 7098. It's way up here.
- 4:16:22A little little text on this one. Um,
- 4:16:25we'll call this one uh ESM6
- 4:16:30contract all-time high.
- 4:16:35Mark just that for information. And then
- 4:16:37we're going to do a little clone of
- 4:16:38that. Then we'll do uh front month
- 4:16:41settings.
- 4:16:50So we'll call this a continue continuous
- 4:16:52contract front month alltime highs which
- 4:16:54means it's the high of the front month
- 4:16:56at the time it was the month trading. So
- 4:16:59continuous contract just daisy chains
- 4:17:01front months together. Front month means
- 4:17:02that like currently we're all trading
- 4:17:04the M6 contract. That's the front month,
- 4:17:05the expiring month um called something
- 4:17:09called spot month sometimes. And so this
- 4:17:11is the front month all-time highs in the
- 4:17:13continuous contract. So this is what if
- 4:17:15you were to load up a chart of just ES
- 4:17:17without specifying the specific contract
- 4:17:19that shows you what's called the
- 4:17:20continuous contract. Front month, front
- 4:17:22month, front month taped together. And
- 4:17:24so this is the all-time high
- 4:17:28on the S&P chart. Uh, NASDAQ. What? What
- 4:17:31did I just do here? Oh, volume.
- 4:17:35What did I do here? Oh, let me kick this
- 4:17:37to the bottom. Um,
- 4:17:40NASDAQ
- 4:17:42was
- 4:17:44Where was NASDAQ? I think it was here at
- 4:17:4542. Let me double check. Fantastic one.
- 4:17:55The M6,
- 4:18:05the NASDAQ M6 all-time high was 26732.
- 4:18:11So, let's mark that over here.
- 4:18:19And then we're going to mark uh whatever
- 4:18:21the NASDAQ contract high is for M I mean
- 4:18:24for the continuous.
- 4:18:32So this would have been over here which
- 4:18:34is like 4 I think 400
- 4:18:39400 26 400
- 4:18:44Okay.
- 4:18:54Okay.
- 4:19:09Mark that up here. And then we'll make a
- 4:19:11little clone of that. Put that up here.
- 4:19:31So, if you're like the kind of person
- 4:19:32that's like a technical trader, like I
- 4:19:34want to short double tops only and
- 4:19:36things like this, these are your actual
- 4:19:37double tops. If you're willing to get
- 4:19:39very specific uh with your charting, you
- 4:19:42want to use these levels. Uh if you're
- 4:19:44that type of person,
- 4:20:00Let's
- 4:20:39450 for the stream is over. 500 views.
- 4:20:42Oh, views. Views. Okay.
- 4:21:06All right, now we're prepped and ready
- 4:21:08to go.
- 4:21:09Uh, knowing knowing my luck, uh, this is
- 4:21:12probably not going to give me the trade
- 4:21:13I want. But if I can get a
- 4:21:17one to two day sort of into this, I
- 4:21:19think that this will have to work its
- 4:21:21way lower like that.
- 4:21:23I don't think we're going to get even if
- 4:21:24I get it, I don't think we're going to
- 4:21:25fall straight down. It's going to be
- 4:21:26crazy. The market still has buyers. It's
- 4:21:29got to exhaust them. And the fact the
- 4:21:31volatility is high and going higher,
- 4:21:33you're going to see you're going to see
- 4:21:34some waves. So, I think trading it today
- 4:21:36like this makes if I get the trade I
- 4:21:38want, it's going to like sort of uh
- 4:21:41slinky stairwell slinky way down.
- 4:21:44So you can measure it like here's the V
- 4:21:47and wherever it falls again you can sort
- 4:21:49of like imagine like a second V slightly
- 4:21:51bigger.
- 4:21:53I would love to see something like this.
- 4:21:56That would make me super duper duper
- 4:21:58duper happy
- 4:22:00cuz I want to kind of like I've been out
- 4:22:02of sync with the market. So I feel like
- 4:22:04you know as soon as I get in sync with
- 4:22:06the market again then I feel a little
- 4:22:08bit better about my trading. I've been
- 4:22:09sort of sitting out of this bull side
- 4:22:10because I'm out of sync. Anytime I don't
- 4:22:12really feel the market, I don't really
- 4:22:14do much until I get back in in sync with
- 4:22:17it. Where are the continuous levels?
- 4:22:19It's very blurry. I'm curious why that
- 4:22:21is. Yeah, why it's blurry on on the show
- 4:22:23here. They should probably investigate
- 4:22:26uh streaming in at least
- 4:22:292K. Let me double check this. Uh go to
- 4:22:31your settings on YouTube. Uh normally on
- 4:22:34YouTube, you can change the resolution
- 4:22:36that it's streaming on. There's a little
- 4:22:37gear settings. Uh, you can change from
- 4:22:40quality up to 1080p. Make sure you at
- 4:22:42least do that. Um, in 1080p you should
- 4:22:45be able to see it, but like bottom
- 4:22:47bottom right of your YouTube, click that
- 4:22:50gear and then change that quality. Um,
- 4:22:53it'll 1080 should be better.
- 4:22:57So, and that should be able to see the
- 4:22:59continuous levels uh on S&P and NASDAQ
- 4:23:01are here. 26400 for NASDAQ. Uh, 26731
- 4:23:06for the M6 contract. and the S&P is 7043
- 4:23:10and 7098.
- 4:23:12It's still blurry. If you change 1080p,
- 4:23:14then that's on your end because 1080p
- 4:23:16shouldn't be blurry on a on a normal
- 4:23:19screen.
- 4:23:211080p should be enough to see the see
- 4:23:24the text. But maybe you try on a
- 4:23:27different device that has better
- 4:23:28resolution.
- 4:23:34Yeah, I'm like I'm watching the stream
- 4:23:35over to the side on my end.
- 4:23:38Like if I make it full screen over here,
- 4:23:42I can kind of see the levels. Like if
- 4:23:44it's full screen. Yeah, it does. It's
- 4:23:46it's it's it's a function of like it
- 4:23:49being 1080p plus they compress it
- 4:23:52further. Um
- 4:23:56because they have to make the the little
- 4:23:58window smaller.
- 4:24:02Yeah, maybe that's a note for them. They
- 4:24:03can investigate that. producers, if you
- 4:24:05guys are listening, uh maybe investigate
- 4:24:08a way to sharpen up the screen a little
- 4:24:09bit.
- 4:24:13It's a little blurry. Yeah, that that is
- 4:24:15that kind of does make it hard, right?
- 4:24:16If it's blurry for you guys to see it,
- 4:24:18maybe we'll see if they can look into
- 4:24:20it.
- 4:25:14You should make it wider. Just overlay
- 4:25:15the cam. That would be That would be
- 4:25:18smart.
- 4:25:19I think this is the traditional format
- 4:25:21of most live trading streaming shows is
- 4:25:23like to have picture to the left, screen
- 4:25:26to the right. It's I think you could
- 4:25:29play with the uh I don't know if you can
- 4:25:31play with the like resolution of which
- 4:25:32which resolution you broadcast from.
- 4:25:34Some broadcasting let you broadcast like
- 4:25:36two and 4K. So that will tighten it up a
- 4:25:38little bit.
- 4:25:45Yeah. We'll see what happens here at
- 4:25:46this level.
- 4:26:05as fun and shortlived as that was, uh,
- 4:26:08doesn't look like we're getting the
- 4:26:09reversal here right at 210. That's like
- 4:26:11my next that's my next entry point.
- 4:26:13That's the next that's my next thought.
- 4:26:14One more time at the same spot. S&P
- 4:26:17gunning for that all-time high, trying
- 4:26:18to trying to get that crown for the end
- 4:26:20of the day.
- 4:26:23Uh, we shall see. But I got four minutes
- 4:26:25left on the stream, you guys. I love you
- 4:26:26to death. I got to bounce in a little
- 4:26:28bit.
- 4:26:31>> They don't call me stupid. Well, they
- 4:26:34did, but
- 4:26:41a little shortlived selling pressure
- 4:26:42here. Let's let it bleed its way back up
- 4:26:44to the top and let me see if I can get
- 4:26:45another trade off the same place. Um,
- 4:26:49SPY is already all time highs. Yeah.
- 4:26:50Yeah. Yeah. Spy Spy is is um
- 4:26:54is uh Let me see where that is.
- 4:27:02Yeah, Spy right there.
- 4:27:06697. Oh yeah.
- 4:27:12So, we'll see what we get.
- 4:27:15We shall see what we get.
- 4:27:22Another great segment as always. Yes,
- 4:27:24sir. That was a good short. Uh, I said
- 4:27:26I'm building a second time right around
- 4:27:28here. I'm not jumping in too heavy, but
- 4:27:30just have something in case. The first
- 4:27:32one was, let me get the scalp. The
- 4:27:34second one is all right, maybe it's
- 4:27:36working its way lower. So, let me have
- 4:27:38at least something in case it does fall.
- 4:27:40Something moderate. I don't need
- 4:27:42anything big because if it does sell
- 4:27:43off, it's going to sell off pretty big.
- 4:27:44So, if I just hold it, put a stop at my
- 4:27:47normal place, which is 40 points above
- 4:27:49here, build the same spot, maybe 10 or
- 4:27:5115 contracts probably total inside of
- 4:27:53here, and then just let it ride. You
- 4:27:55know, if it falls to where I want it to
- 4:27:56fall by tomorrow, 920,
- 4:27:59uh, a contract, uh, a play a trade of
- 4:28:01this size is, you know, worth like
- 4:28:03another 40k or something. So,
- 4:28:07we'll see if I can turn that into
- 4:28:08something good here. But anyh who, uh,
- 4:28:11couple minutes left, guys. Don't forget
- 4:28:13to sub to the channel
- 4:28:16on the way out. We're about to close
- 4:28:18down. You don't have to go home, but you
- 4:28:20can stay here. Time to get out. But we
- 4:28:23will be live on my channel.
- 4:28:25Uh, mods will probably post that up in a
- 4:28:27second over there at the Rocker channel.
- 4:28:28We stream in the afternoons, mornings,
- 4:28:30and nights. Uh, feel free to support our
- 4:28:32channel as we're always you guys can
- 4:28:34mark it off. But my, uh, my my boy Neon
- 4:28:36and Brad will be streaming today. my
- 4:28:37voice uh Neil will be live in a couple
- 4:28:40minutes on my channel. Uh don't forget
- 4:28:42Stephen Kon in the My Funded TV channel.
- 4:28:46That would be evening at Asia sesh.
- 4:28:49Uh we had that really awesome pass one
- 4:28:51get one deal but unfortunately it's over
- 4:28:52now but there is a 50% off pro still
- 4:28:55going on my fun feature. Don't forget
- 4:28:5720% off all your rapids. Uh those are
- 4:29:00kickass deals and of course um
- 4:29:03uh you know
- 4:29:06the channel. We'll see you guys in a
- 4:29:08little bit. I got about 30 more seconds
- 4:29:09here. I am going to probably hang out on
- 4:29:11this trade. Close it out at 280. If I'm
- 4:29:13wrong, uh just see what happens here.
- 4:29:15And if I'm right, uh let it ride down.
- 4:29:17So I think today if I am right, it's
- 4:29:20slinky trade. It's not fall fall.
- 4:29:24Volatility is not big bad enough like
- 4:29:25that. It's got to ask the question, have
- 4:29:28we exhausted the buyers? And that's all.
- 4:29:30All right, guys. I'm out. Time to go. I
- 4:29:31got to run. Uh got some very important
- 4:29:34prop score meeting stuff to do. But uh
- 4:29:36from I do me and pickle to you. Adios.
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