Orderflow Live - February 17th

Andrea Cimi walks through real-time order-flow analysis of the S&P 500, explaining liquidity heat maps, absorptions, and ice-berg orders. He breaks down his opening-range breakout methodology using volume-profile value areas and answers chat questions about tools versus strategies.
Chapters
Test Test 123 welcome back everyone to Order Flow Analysis Live. This is your host, Andrea Cimi. As always and today as always, we're going to apply to the markets some order flow trading models on the S&P 500 on the American Stock Market. We're going to try to make some assumption or predictions or anticipations of where price is likely to go based on raw order flow data, the real smart money concepts as I like to call them, or the smarter money concepts and look together at the market, comment the auction in real time, comment the news that are eventually coming out and build a bias for the day together. And quick some updates for you guys. We are about to launch Deep DOM which is going to be available very soon. But for now I don't have a date for the launch yet for you guys. But what we can do in the meantime is you can join the waiting list for Deep Dom. So you can simply go on our website@deepchats.com and if you click on Deep Dom, go on wait list and basically join the wait list to get this software over here which is going to be a separate software that you guys are going to be able to purchase in the next few months. We're gonna launch it very soon. So we cannot, we really cannot wait. We're very excited and it's the one I'm gonna keep right here from today on as it's basically ready to go and ready to roll as always. As you guys know, we start with a five minute chart and what we like to do is, well, yesterday was no session at all but we had some couple of really amazing sessions. Unfortunately this session, even though it was extremely profitable for most of our community, I happened to be live when it happened and I manage it pretty poorly to be honest. I got out a break at break even probably here and I traded the opening range breakout. It was very frustrating because I traded the opening range breakout right here. So this was the trade and I put a break even very early, which normally I don't, I do not do. But I did it because I was in a live session and I said, you know what, I cannot really monitor the position so let me just put it to break even just in case. So I put break even plus some stop in profit type of thing. I got stopped down right before the big move down happened and it would have been like probably a $15,000 session. Then I opened a last trade at the end of the session betting on end of session low volatility and there was some huge spike of Volatility at the end. So it ended up a really big losing session instead of being one really, really good profitable session as it could have been. And as always, trading, if you're not 100% focused on what you're doing in front of the charts, market will, they will not forgive you that. You always have to be super focused. You always need to be on point, prepared and ready and 100% focus, no questions asked. Because again, the market will not forgive you any lack of focus or any lack of preparation. But that's what we're going to start by doing today. Yesterday was a bank holiday. We did not have any action at all. We was a pretty balanced session. There was no volume, markets were closed. But for the rest of the sessions we can do, and this is something I really like to do very often is we either draw the volume profile from the impulse to, let's say, the last point of our price distribution. So we kind of develop our main range. So as we can see, this is the main range of consolidation. This is the lower part of our value area where we're starting our session now. And this is the upper edge of our value area. This is our P. Okay. And as always, I'm going to place this as supply, place this area as demand. And when we open like this inside of the range of the ranging distribution, I like to go to the other side. So my goal for this, if we break out above the opening range, which is delimited by these two lines, is I'd like to see price breaking above and entering the trade. And the first type of targets that I would kind of try and reach are these ones up here. If instead we break to the downside, I can either do one of two things. When we reach these levels, I can either wait for a failed auction, which is, you know, the more premium type of setup that I would look for. So something like price dropping down, creating some big trades here and then them big traders being absorbed. An initiative auction that brings me back inside of the range and then trading it to the upside the exact same way. Okay, this is the idea. Yeah, let me just redraw. I did a mistake. Let me redraw the areas real quick. And let's draw them properly and perfectly. Yeah, this is the area. And now I can also draw the objects from the 5 minute chart on my 1 minute chart and I can wait for the breakout of the 15 minute operating range. Another trading strategy that I see a lot of traders using is the five minute opening range. I'm not a huge fan to be honest. But we can test it out for the science and look together here. If it's a good setup. This is yesterday's range. This is also another thing that I typically look at. If the last session has closed here and there's a gap between the opening of the current session and the last cash trading session, want that gap to be filled as first thing. And that's actually what just happened. Didn't give it get a chance to position ourselves, unfortunately. But that's fine. And the opening auction is always, as you guys know, we have market on open orders. Okay. And market on over. The market on open auction or the opening auction is typically where you get the most volume. It's one of the two moments where you get the most volume inside of a session. You either have the opening auction or the closing auction. I like to look at here in Financial Juice. I like to see how the opening auction goes. Is there an imbalance? Yes, there was an imbalance of 146 millions and as you can see, that reflected into the price action as well. But for now, we're just gonna wait for the five minute opening range. How I like to approach it is count the first five minutes. So 1, 2, 3, 4, 5. And whenever there's a breakout of the five minute range, you can just position yourself on the nearest imbalance cluster. But you know, it's a little bit aggressive for my style. But if you expect a very strong momentum at the opening and if you, if something happened during the weekend that, you know, implies that we can be very bullish in stocks, a lot of volume and a lot of volatility can happen in the beginning of the session. And that's what we like to trade with the opening range breakout. And then based on this bias, we use order flow to time our entry with precision. And you know, with a data driven approach also to the entry model. Okay. Because it's just based on data. What we do here is we base our decisions on data that we can actually see orders that are actually entering the market and absorptions, initiatives and other order flow patterns that we can quantify and qualify with these type of charts. But I want this to be here. And the last thing I have in my arsenal, as always, as you guys know, is Deep Dome, which is the heat map. It shows me where new potential areas of liquidity can be explored, as these areas typically act like magnets from price. Because smart money is looking for liquidity, because the markets are born for these big participants to be able to fill their order in a Comfortable way. And the only way to do it is if you have liquidity, if you have a big order, if you have 100 shares you want to buy you, you need 100 shares worth of sellers to be the counterpart to your trade. So they're gonna automatically be. There is this tendance of looking for liquidity, for looking for these liquidity areas where you can be somewhat sure that that level there, that really hot level there, is liquidity that is meant to stay there and it's not gonna be deleted. Because always remember that this liquidity can be spoofed around, can be deleted, can be, you know, there's, there's a lot of spoofing going around, but it's not necessarily spoofing per se. It's typically orders that will be canceled, orders that are not going to stay there. So the type of orders that, the type of areas that you want to look at in these type of liquidity heat maps is the levels that actually stay there for a long time. Okay, not or not levels that has just recently appeared. And also you want to monitor how that liquidity area is, let's say behaving as we approach it. Because we don't want to see orders going down when we approach that area. We want to see that liquidity staying exactly where it is. This, for example, is one big trader moving around like 100 ish contracts and as you can see, he's moving his. But pretty much the idea is the same and the deep dom, this heat map will come out likely end of March or something like that. But for now you can just click the link that I'm gonna put in the chat so you can subscribe to the waiting list in the meantime. And you can save your spot for the launch and get notified as we launch it. Okay, so the opening auction now today is not necessarily huge volatility in my opinion. I've seen way worse. But there's a decent amount of volume. I'm not sure we have a lot of news coming out today. Let me see. But most of the news last week were already delivered today. We might have some auctions in the bond market. Whatever, let's see tomorrow. Tomorrow let's say we have mortgage, we have durable orders, industrial production. Yeah. And there's a, there's a FOMC member talking. Well, we don't have a lot of big macro data apparently. And the overall sentiment, in my opinion of the current state of the market, why the market has driven such a short term bearish auction is mostly because of the new data that Came out both on the inflation side of things and also on the unemployment side of things. There's some really promising data on both sides in my opinion, except maybe the cpi which was slightly harder than expected if I'm, if I remember correctly. So the thing is, with also the new chairman at the Fed, what you're going to typically see, whenever there's a little bit more hawkishness in the expectations on how the Fed will handle monetary policies, you're going to see more bearishness in the stock market. You're going to see more fear in the stock market. Especially when you're at all time highs. Because when you're at all time highs, typically protecting yourself with options is really cheap as an investor. So you're going to see a lot of short gamma from market makers because everyone is buying puts everyone and when everyone buys puts most of the counterpart from that is market makers. And as market makers will hedge their delta by selling into falling markets. You're gonna see these very, you know, very participated short squeezes that, let's say long squeezes, these really big, high volume, high initiative movements to the downside that will basically be way more directional than most bullish days. You know, because there's this drift, there's this flow of money that is getting out of the stock markets and hedging flows that contribute to these huge market movements. And especially when we're at all time highs and we drop this fast, those are the moments where opening range breakout strategies works the absolute best. That's where they perform the best historically. And so if we keep this bearishness for today as well, even though, you know, we're in the lower part of an acceptance range. So this is the acceptance range. And the thing we expect now is as we're right on the lower area, we could expect price reaching the other side. Right. As we discussed before, this is one of the setups we're going to monitor for today. Let me have a pen so I can draw things around. So my idea for today is to stay inside of this range. Right? There you go. So my idea here is to either wait for a failed breakout here, which is like my main idea I would say for today. So I would like to see fake breakout here. Sellers being absorbed in the wicks of candlesticks and initiative on the buy side looking for a test or AP and move to the other side of the range. This is the first idea. Another idea we can evaluate is as always, the opening range breakout undiscriminated by discretional conditions. So just literally Just selling as soon as the 15 minute range has been broken out of with a strong candle. But this is for example what I like to see. This is for example current state of absorption. When do we know it's actually absorbed? When do we know that these sellers are actually being absorbed when they close on the wick. Because order flow analysis is always somehow a volume spread analysis. Right. You need to see the effort through order flow and the result in price action. There's no just order flow or just price action. They are undividable things. One is the cause, the other is the consequence. One is the effort, the other one is the result. One is the participation, the other one is the discovery. So this bubble over here, if that effort gets rewarded with price and the rest of the market and the rest of the auction following up that movement then we know that these bubbles are big traders that are dominating the current short term auction. If instead the candle were to close above here, we know that buyers took control of the auction again. As of now it looks like we might be closing here. Let's add with our deep charts, indicators, our countdown timer so we can see we're going to close in 26 seconds. Let's see how this candle is going to close. We're likely rejecting now but there's a lot of good liquidity levels right below here. By the way. There's still some, some potential bearish space below. Yeah. We closed with an absorption at the bottom. So this is not a confirmation to sell from our opening range breakout because we want a candle to close below. If this candle close bearish, it could have been potentially a setup to short it. Just based on the mechanical model of the opening range breakout that does not require any extra discretional context. Okay. We have big participation. On the downside. Look at this bro. Look at this. I wish you could see these things with price action but unfortunately you can't. We're likely going to have a 000. Yeah, yeah, yeah, yeah. This is a. This is what we call a one side auction. Bang. I just totally made that up. If you look inside we don't really have a name for that other than a massive imbalance. Look at this. Just sell auction. Just aggressive sellers. This is a huge order of thousands and thousands of contracts. This is exactly how we began our short auction of the last really really bearish auction we had in the last sessions. So this is already a really good, a really good signal. That's some phenomenal stuff. Look how they ate all the levels in the book. This is what we Call book sweeping. And typically these sweeps will get rebalanced. But it depends, it depends, depends on other factors because now we also have buyers absorbed as we speak. We have buyers absorbed here. Let's see if, if the candle is going to close above, it's a rejection, basically order bubble. And if we close and we absorb this huge seller, it means that we could be ready to go to the other side. If this candle closes like this, the mechanical entry model is officially activated. At which point you can either wait for the test right above here, or you can build your position slowly and. Yeah, but we got strong buyers on the bottom. We need to be careful. If you trade more momentum, then you can also have maybe one order here, one sell order here, just like Fabio does. And he position builds and you gradually mediate your entire risk profile into three entries. But at least you do not miss the move with a sentinel position that you open at the beginning. For now, we're just going to wait for the test. Keeping in mind that we, you know, you could, you could still consider a momentum type of entry. But this is a good signal. This is a good signal for sales. And this is exactly the type of orders we had here. See this big order here? If we actually go and zoom it in with the footprint chart, you're going to see the exact same thing happened. See if I can remember the candle. I think it was this one. No, not that one. This one. See, this is exactly the same thing that happened. One big market order. This is panic profit taking, okay? From big players. This is time based algorithms, right? This is fomo. This is, this is a strong, bearish signal that they are, they're not waiting for like their best execution. Algorithms now are not prioritizing volume, they're just prioritizing time. Like we need to get rid of these positions as soon as possible. It's a strong liquidation move. We're likely going to continue bearish if we don't have some very strong buyers coming into the marketplace. The only reason why I might be a little conservative with sells today is because we're already selling at the bottom of a range, right? So if, for example, we were to be bearish today, and it seems like, you know, we could have really good reasons to. I would like to see this first. Not just price discovery, but price acceptance and another failed attempt to break inside and another breakout. This is the conservative option. If this happens, this is a really good short trade because we're breaking, we're officially breaking out now. This is a very strong auction. So the only way this can happen like it happened here is if buyers step in really aggressively and as of now they are not. And if they are, they're being absorbed. We're already at the protection level of our IVB model, which is a statistical projection. But we could even go as further as these lows over here and revisit the lows of February 5th. Let's get a little more data on our chart. We're currently 781 people in the live. Welcome back everyone. Yeah, we're on the lower part of the entire distribution. Like this is where buyer got aggressive. If we break below, we're likely going for a potential 5% correction from the all time highs as now how far are we from the all time highs done in minus four. Yeah. And the minus 5% is like this sort of psychological threshold for institutional protections. So the last few candles we had some buyers that got completely obliterated. This is a very strong sell auction. Unfortunately in these types of situation, if you're trading an opening range breakout strategy, it's not giving you a lot of, it's not giving you a lot of entry possibilities on the way down. Like it's not doing a small breakout, giving you a test and then you can short. It's just starting to go. So the only way here is to trade momentum. But I'm honestly not a huge fan of momentum trading the es, even though Nasdaq instead can be a good momentum asset to trade. We have more and more liquidity on the downside. So that's where we're likely going to go. We're likely to continue auctioning lower and pierce through all of these first one pierced. Big trades. This is a phenomenal day. This is a phenomenal short day. Unfortunately we did not get our entry, but it's really good. It's really, really good short day. A lot of volume. Beautiful. So unfortunately it's very likely that we're not going to get an entry by the time we're live. Because as I said, I'm waiting for a ranging type of situation because in these levels what can happen is that all of this cell inertia that is below, you know, these lows can either create a phase of balance or it can create a very strong low instead. And if a strong low is created, and by strong low I mean high volume during the breakout, high participation during the breakout and, and high participation also on the reversal, then that means that we're, if we break back inside, we're not ready to auction lower yet. And this is just a Liquidation move and it's not a real initiative, it will be a failed auction. But if after this delivery, okay, if after this auction we basically managed to create a range, this means that both parts of the auction agree that this is a fair price to trade both sides. Aggressive sellers that sold here, here, here, here, here, here, here, and aggressive buyers that tried to buy all the way here. So at that point, if they break out again, then sellers are in control and I'm on the right side. But as of now, the odds are not necessarily stacked in my favor. So I do not need to execute if the odds are not stacked in my favor. I only do it if maybe they give a proper test of this area. Let's see if we have some questions in the chat. Because that's now we're just gonna have to wait a little bit. How are you guys doing? How is your trading been going? How is the last few weeks? How many of you guys are in deep charts? If you guys do not understand the types of strategies that we're using or you know, the PBD model and the ivb, blah blah blah. You probably missed some videos on this channel. So please, please, before watching these sessions, do re watch the last, I think three or four videos. Hendra, what do you do in days where there's low volume? Do you then trade in the fair value from the last session or you just don't trade because this environment is very unlikely. I mean today there's not low volume. To be honest, today is high volume. But high volume does not mean necessarily ranging, sorry, directional. Like you can trade a range with high volume and there can you explain what you mean by them agreeing on a fair price? What's the benefit for them to trade on a range that are just buying and selling to them self? I'm not really understanding that question. Ernesto, can you please formulate it in a more understandable English? I guess those big traders, sellers we have seen almost at the zone where sellers get absorbed last Friday. Guys, please, if you make some questions, formulate it as a question. Order flow has definitely put my training on steroids. Thank you guys for the content. Amazing to hear that. Do the bubbles of aggressiveness represent a single player making a strong entry into the market or several one strong entry. We basically aggregate the data through MBO feeds as we're able to do it with also DX feed as well. Even though it's not let's say as precise, as rhythmic for some specific data. As in they're only telling us the limit order ID the passive Order id. They're not showing us the aggressor id. If I'm correct, I might be saying something completely wrong. You should ask Antonio on these types of question. But yeah, you can basically see when a big market order is eating the book all at once. In the subscription of deep charts. Are we getting DX feed subscription as well? Not included. We don't have real time data feeds included in the subscriptions we have on the website. By the way, we're about to plot a strong low. We're probably about to plot a strong low. It depends on the next few candles. It all depends on that. By the way. How's the audio guys? I see it might be cracking a little bit. 1, 2, 3. So as you can see here, we got a lot of sellers on the bottom of these wicks, but then big buyers joining the auction and driving price higher. This is exactly the type of strong low that I was explaining before. You see a lot of volume on the way out and also volume increasing on the way back in the range. Now this is the second option, right? So this is probably if we're planning to see a P. So after this we want to see this, right? So strong move down market, agreeing on a fair price. I would like these sellers over here to protect their positions and basically keep selling as they have sold here. They would still evaluate these prices to be cheap enough to keep selling and bring back the auction in a state of balance outside of the main balance, right? That's the idea. You want both sides of the auction to agree, not just one side. And you want them to agree for a long enough period of time. That's why I use candlesticks based on time frame. Because this is the same concepts, right? First, aggressive participants and passive participants agree that this was the fair price to trade. Then you had a situation of price discovery. These are not prices considered fair by both sides of the auction. Now these are the fair prices, right? So this is the model, right? And so now even in the short term auctions, if we break below in the short term, I want to see at least some acceptance, at which point then I will be shorting up to these lows. But it could be that these sellers that are selling now are not willing to still be selling at the same rate, aggressively speaking, at the same rate that buyers will buy aggressively. So if buyers will consider these prices to be cheap enough to keep aggressively buying like they did in the last session, then we're likely to see this. And if we close back inside, then my trade is this. But let's see. It's still early. Still early in the session. We have a response from sellers. That's good. Let's see how the auction is. During this. Bearish auction, We had some big cell absorptions over here. I can see it below from the footprint chart. You see this level? Yeah. We had a lot of volume traded on the ask. Sorry on the bid here. And price could not break below. Let's see if they're going to be able to do it. Now. Are you guys offering courses or just deep chart subscriptions? The courses are inside the deep chart subscriptions for free. So we give software and the education is free. Then maybe Fabio does some private live sessions, but that's a different thing. So if you're new at deep charts, you just need to go on mydeepcharts.com my.deepcharts.com and you're gonna see. Let me just. Get into the right user area. Yeah. So this is the user area for deepcharts. You're gonna go on the learning area. And here you have a master, like a full master class on Oracle, how to use it, how to understand and how to read the use the tools and basic strategies that we're using here live. Plus on this YouTube channel you have some other strategies so you can find all the education for free. Plus, we're going live. Live is the best education you can have because you can see things happening and developing in real time instead of, you know, this could have happened, blah, blah, blah. So this is what's happening now. We're currently consolidating here. It's good. It's already good for bearish because right after this pullback, which is a lot of profit taking from short term opening range trading algorithms. Okay. It's a lot of profit taking, but very even though it's very extended. So of course it's aggressive. Now the next few candles are going to be crucial. If the next candle closes bearish, it means that we're consolidating here and that we might do this tap on these big trades, fall back inside. That's my first idea for the potential entry if we want to be short today. But we're going to have to wait. And the job of the trader is to patiently wait for the conditions to be on your side, not to force any trades. Not important. But can you show how to get Emily to sound when you place an order? I have training sound turned on, but still nothing. That's weird. You typically want to go to options. Sorry, options alerts have trading sound on and in the settings, you're gonna select Emily. And that should work. Maybe there's a problem in the audio of your PC. You need to maybe open it up a little. Okay, we got volume slightly decreasing as it is normal, but we're still somewhat active. Like 5,000, 4,000, it's still good. And you know, it's normal to have these numbers at the opening auction. The thing is, later in the session we're going to probably start lowering down in the volume. So most of the volume typically happens in the early stages. And the late stages of the session soon will be available one month subscription on DeepCharts. Not anytime soon, but likely by mid-2026 because we're building the infrastructure to have subscriptions. Do you have specific mentorships or course where you present something that you don't show on YouTube? Not necessarily. Not really, no. The only thing that we make people pay for is live sessions, not courses. If we break below this low, we break the 200 SMA. It's not an indicator I'm using, so. But this is the cool thing, right? This is the cool thing about order flow is you don't need those, you don't need to add stuff on top of your charts. This is not price based indicators or oscillator, right? This is data. This is literally just real time unfiltered data. It's not like calculations or projections based on what price did in the past. This is real time order flow. This is the only indicator you need. Do you really hate ICT traders? No, I, I love everyone. I love everyone. My, there's no space in my heart for hate. I just love to make fun of ICT traders. But not all ict. Not just the ICT traders, but the, the people who say outrageous shit on social media is like they hunt for your stop losses or you know, they. There's an algorithm that controls everything. Like that's just funny. Like if you say this, I'm gonna make fun of you. It's like a guy saying, well, the earth is flat, you know, like, okay, bro, science and reality are a little bit different from what you're talking about. So I'm gonna make fun of you. You know, I think they're certain, like they want it. They want me to make fun of them, otherwise they wouldn't say this outrageous claims. The markets are totally controlled, bro. They're controlled by one single algorithm. Markets are rigged. They hunt for my stop loss, bro, of course I'm gonna make fun of you and, but, but if I, if you have, if I have to speak with intellectual honesty on what do I think about the overall framing, the overall technical framing? It's not entirely wrong. Like fair value gaps are just simply imbalances in order flow, right? Very simplified, Very, very simplified. But they're trying to reach the precision of order flow, but with the simplicity of price action. So I kind of appreciate that part. The problem is there's too much of a cult around it. There's too many myths around it. People get confused and they get, instead of looking at fucking bubbles, okay? Of real professional tools, they complicate price action so much. They put all these names and numbers and letters and smc, ifvb, ifvg, cisd, like all this, all this overcomplicated nonsense. While you can simply see where is the pressure with bubbles, okay? And it's make it much more precise, much more easy. It's just, you know. So I criticize the oversimplification, the myths, the cult around it. But if you want to trade those strategies and they make you profitable, I'm never going to be the one saying don't. If they make you frame the market in ways that it's even. Even if it's simplificative and maybe stupid sometimes, if it helps your psychology, if it helps your eye to read the market in a somewhat objective way, if they help you clear up your mind, then use them. If they make you more confused, don't use them. And this is with everything, even with order flow, it shouldn't confuse you. You should learn how to read it in a way that it makes it easier for you. As of now, I could not trade without order flow. So because I would feel like naked. You know what I mean? You know what I mean? Like, I would feel like. Let me put this as we're waiting. I'm going to put the camera like this. Yeah. I would not be able to trade without order flow. When you trade order flow, when you learn how to read order flow, you never go back because you feel like you're missing a very important piece of the puzzle. So I have to apologize to everyone. Our product is very addictive for traders. It's very addictive because after you learn how to read this shit, you realize, how have I traded without it before? How would I assume that there's a liquidity grab when I don't even see the liquidity? I don't even know where the liquidity is because I cannot see it. I don't know if there's big traders. I don't know if there's volume and there's participation in this move, I don't know if this is where the party is really going to. And I just have to rely on candlesticks. I would be, I would be having a really hard time, guys. I would have really hard time. But again, if you want to trade these other strategies, just do it. And if you want to keep trading those, let's say, SMC ICT stuff, I would tell you, try and trade them with order flow and see what happens. Because you're going to see that you're going to improve a lot on the precision, on the win rate, on the risk to reward ratio, and you're going to love it. You're going to absolutely love it. I'm sure, I'm sure. Because I come from that school of thought as well, right? I've studied from Fabio, who studied from Chris Laurie, which is the source of ict, by the way. And we've been a part of that, let's say, school of thought, we could call it, right? But look at these candles, bro. Like, This is apparently the beginning of a strong low. We got big buyers all over here. Big buyers here. There's a 1.3 thousand contracts that were absorbed by sellers. Look at this huge thing over here. Huge, huge, huge bubble over here. As soon as they broke out of it. Oh, sorry, it's not even that one. It's probably this one. Yeah, this is the iceberg. So this is when you see icebergs, right? It's when you see a lot of these big bubbles all filled up at one place. That's what you call an iceberg. And this is the most common way smart money hides their trades in plain sight. You see a lot of these big trades here. This stuff you cannot see with price action. And as soon as they break it, if they break an iceberg on the short term, it's very highly likely that you will have a strong drift to the upside because a strong hand is moving the market and a strong hand has taken control of the auction. Look at this. Yeah, this was, this is exactly what I was expecting. A lot of sellers absorbed at the bottom, buyers taking control of the auction very aggressively, making low volume node after low volume node breaking icebergs. And now the first level that they're gonna feel is this one. Because all of this was the big trade. As of now, we see it just at the bottom of the big trade. But if you count the zeros, the trade started here. So see how aggressive sellers are trying to reject from here after not being present in the entire auction, the first level that they're going to be present is exactly where previous sellers. Look at this. Where previous sellers were active and aggressive. And this is exactly where this area started. Remember, look at the zeros. This is where the zero was, the initial zero. You see this level? Look at where they respond. Look at the admire the precision of these numbers. It's just data, pure raw data. No need for SMAs, no need for other indicators. There was no short candle in this entire move. The only time where sellers actually try and be concretely aggressive is exactly when that big trader before has started. You cannot fake this shit. You can literally not fake. This is this level of technical analysis and precision you cannot get with any other tool. And again, it's not a strategy. This is not a strategy. It's a tool which is very different. We are not selling strategies, we're selling a tool. You need to build a strategy around it. You need to learn how to read order flow. You need to understand how to interpret it and use it in the timing for your strategies. Then we show you, you know, how I use it, how Andrea is using it in the opening range, breakout, how Fabio is using it with absorptions and what's his methodologies with the volume profiles. But we're selling a tool, we're not selling a strategy. This tool can be used in so many different ways. You have no ideas. Imagine how many price action strategies there are. Breakout, trading, counter trading, swing trading, support and resistance. Basic market structure, Auction market theory, opening range, breakouts, gap fills. There are so many strategies, so many concepts. We're giving you better tools for the job. You are the samurai who needs to go at war and and kill people and take your profit out of the market. We are the swordsmith. Our job is to build a weapon that is the best possible weapon you can have. But there will always something, there will be always something missing in the weapon. It's not the weapon that makes the warrior, it's the warrior. How he uses the weapon that makes the warrior. Look at this. Like Morpheus said, right? I can show you the door, but you're the one that has to walk through it. The first level where there was zero. I told you this level is going to be rebalanced and that's where it gets rebalanced. And sellers take control of the auctions again. Liquidity is now scattered all along the price ladder and we're breaking back in. And this is one of the setups that I've explained of the PBDs. Exactly. As I was saying, one of the ideas is when we have this Breakout like this. We wait for this to happen, candle to break back in. And that's potentially a short idea. If the candle closes like this to go to this side. So this is a short idea because we did not manage to break back in. Oops. I have too many lights in the studio. I cannot see. Yeah, if this candle closes back inside here, we're probably gonna reach this level again and we're gonna absorb more sellers on the bottom. There's lower volume on the way in. I don't like this. I would like to see volume increasing in these candles. So this is not a good sign. It's likely that this could be only a test of the area. Let's see. So in these situations, the most probable path for price is this. There you go. But ideally you want to see this with big volume. Unfortunately, this time there. There was no big volume on the way down. It was only big volume on the way up. But they got absorbed. They clearly got absorbed. Over here. There you. Go. This is the s and p. What methods do you use to recognize if the market is trying to form a range when the range is formed? I know it. I know it only when the range is formed and when a decent amount of volume creates this B shape. So whenever we break back inside, that's the short idea to move to the downside. I've explained it I don't know how many times in the channel, so please go and re watch it. But I typically want to see it with big volume. The fact that there's lower volume is not really convincing. I at least want to see if I want to search for continuations. I want to see this level being broken and sellers holding the auction with strong volume. Will Carmine Rosado start using deep charts soon? We'll see. We'll see about that. If he enjoys it, he will. Yep, it's all on the Chris Laurie course without the bs. Yeah, we all know it. All the world knows that ICT copied Chris Lorre. I've talked with Chris. He confirmed it. That's how it went down. He repackaged Chris Laurie stuff. And Wyckoff. We know it. Well, we all know it. You know, he's doing all this fuss about, huh, you cannot see this stuff in Wyckoff. Blah, blah, blah. Yeah, but what the fuck? Wyckoff? What the fuck, Wyckoff? He was using daily charts that he drew himself out of a physical paper tape. Just, just. But people love it. People love, you know, cults are made like this. You have to say outrageous stuff and build myths. What time frame Is this. This is the 5 minute when will you track a tread. What does. Why you don't trade gold? Because order flow is very dirty on gold. I don't like it. I don't like how to read it. Is Fabio quantitative research because he's have the certificate on LinkedIn? Well, he's not necessarily a quantitative researcher, he's not a developer, but we do a lot of quantitative research. Yes. All of our edge, all of our edges are validated quantitatively. If we use quantitative edges here, we're using qualitative edges and qualitative analysis. Discretionary trading. You see how we reached the target already? First target is on the bottom of the value area. There you go. Now we have it. And the next step will be to see if price is going to drop below here at the protection level. How? There was also the test, by the way, on the opening range, breakout, which is this. This was the area also. So we had these two setups. Setups aggressively above here, set up conservatively after this candle has closed inside of the range. But we got buyers taking control again exactly where you would expect them to. All of these bubbles, same place, same price. Amazing stuff. Amazing stuff. Did you take any trade today? No. Guys, I'm live with you and I want to avoid taking trades when I'm live because I need to do. I need to think about the live sessions. I cannot think about the trades. I'm not like Fabio because these are very explanatory live sessions. Plus I'm currently executing not on deep charts, which is a pity. As soon as I will start executing directly on deep charts, it's gonna be awesome. It's gonna be fine. And I'm thinking of making a challenge. Like we could put, I don't know, 10k on an account and see how much we can grow it in a year. Just with the live sessions. Could be an idea. What do you guys think. Is your style? And Fabio's radically different. Yes, radically different. He's a scalper. He's. He does momentum trading on nasdaq. I'm an ES trader aiming at intraday swings. See how we tested the high volume node right here? We broke back in, tested the high volume node, dropped to the other side. The exact setup I've explained countless times is in profit. We're eating all of this liquidity. We're likely going to break and reach the 7975s, all of these areas. There's a big sell order here aggregated. So the next thing I'm waiting for is for a Strong breakout over here. Strong breakout test. And we move on way below. Around the exit average or, you know, I don't have option data on my, on my hand, but we're probably going to have them on deep chats very soon anyways. At that point this could be a potential target. Exit average is exactly coinciding with the previous day low. Sorry, previous week low. So it's a very high probability areas for the shorts today. Do a quick beatbox, please, guys. They used to pay me for that shit. I'm not just going to do it for free for you guys. Okay? I did it. Fuck it. You got it. You got me. Let's see, we're about to break below. You typically see a squeeze in these areas. Some strong sellers joining the party or some very weak sellers join the party. There you go. That's the squeeze. The classic fchew sellers, very active, also aggressive buyers. You see 666 contracts. Come on, this can't be real. Really. 666 contracts. DIY Protaji BA, Allahu Akbar, whatever. But this is Shaytan. Someone fuck these buyers, please. We don't want, we don't want these buyers in our auction. Okay, so strong breakout. Let's see if it holds. But that's very good. It's very good that there's strength below here. There's participation. We're likely to continue. Yep. Look at this, bro. Look at these big trades. I want this level to hold and a test here so that we can move on to even lower levels. And our final target for shorts today is, as I said, the 6755 to 6745. This 10 point range. Yeah, that's also pretty much within the ATR of today. You got any Muslims in the chats? Any Muslim, bro, in the chat? We're starting the. Look at this, bro. So fast. Tomorrow or the day after, we're starting the Ramadan Eid Mubarak to everyone. Work class. Edges like those things are closing that the current program is closing very soon. Okay, we got the test. See if they're going to close above these big trades or not. If they're closing back inside. One of the other setups, if this is a more aggressive setup is you. You buy when these, this candle closes above the last one. Very aggressive, Very, very aggressive. But as I said, let's stick. All the people asking if I'm a Muslim. No, I'm not affiliated with any religion as we speak, but I empathize with both. With both Muslims and with Christians. Alike. Also because they're both, say, religions from. They're both Abrahamic religions. So they're pretty much. They're similar in a lot of values. But aside from the books and the cultures and the symbols, it's the culture that I evaluate. It's the culture that I empathize with. It's the value for life in general other than the names and the parties and the celebrations and the symbols. I thought you were ICT religion. No, no. In the markets, I have no religion. There's only one religion that maybe you can beat the market with. I still haven't proven it. Have you taken anything yet? No, I'm not trading now, guys, because I have to. I have to take care of you guys, your questions and blah, blah, blah. Which is why probably these sessions are going to be moved to the latter part of the day. See the test. And now we're breaking back below again. We broke out with big volume. So we got three setups for today. The cell on the test, the classic one where we place our stop below the stop above the opening range. Sorry, the point of control of the opening range, that's already a 1 to 5 or even just a 1 to 2 is enough. The second setup on the test, as we said before, first target on the other side, that's a 1, 2, 3. And the last setup is this one that we're not sure yet if it's gonna go to profit. But even with the stop loss above the point of control again, or the highest volume node, even if this one goes to stop loss, it's still a very positive day with this very basic ideas. It's nothing complicated. And the final targets for the day would be this level here, which is the exit average. Also for the opening range, this is plotted automatically based on the ivb, by the way. So we have a lot of liquidity over here ready to pierce through these areas. We have more on the 80s, on the 85s. And as you will see, all of these levels are typically options levels. And the last big levels for today would be the 75 52, which is exactly where we have our exit. Why you don't trade us oil? Because I don't trade it. I've. When I'm day trading, I'm so I'm only. To be honest, I'm only trading US Oil if I'm trading swing. But on the day trading, it's really hard to monitor more than one asset, to be honest. How do you improve your interpretation of order flow data? How do you deal with information overload? Early on. That's a really good question. And that's where I would strongly advise you to delete anything that is not volume and big trades at the beginning. Just look at the big trades. Then you can start learning a little bit about initiative auctions, about absorptions and exhaustions and book sweepings and all of those types of patterns. They're advanced stuff. Just look at how much volume is during the breakouts. Just do something as easy as that and see what happens. We are about to launch some Turkish content with my friend Janar over here. We're, you know, for all the Turkish community. See you soon on YouTube. Please open liquidity charts just. Guys, it's the same thing. It's the same place. Liquidity chart is just the same exact levels. It's going to be on the, on the, on the zeros and on the 85s exactly as one minute ago. It's not going to change anytime soon. Why are you not using a delta footprint? Because I can assume the delta by the distribution of bid and ask volume. And also the color of my volume profile in the scandals is based on delta. So I see the delta through the intensity of the colors inside of these little footprints that is telling me the delta. So I don't use number delta, I use color delta. I'm staying in Istanbul at the moment. That's good. Now we're just gonna wait, guys. Now it's just about trading is just a waiting game. It's a lot of just waiting game. So that's pretty much all for today, guys. We've been through literally every possible order today. I hope you appreciated this live session. If you, if you did. So please leave a like. Okay. Leave a fucking. You're here. You're live. We are live. Now you're gonna leave a fucking like to this video as right now I'm gonna wait. Come on, leave this like. Come on, don't be lazy. Let's go. Okay. You click the like button. I appreciate it. I'm gonna see you next week, okay? We're gonna do this every week. I'm gonna keep you posted on my Instagram at when that's gonna happen. And as always, trade safe, trade deep. And I'll see you on deep.










