Original subtitles

All right, everyone. Thank you so much for this private take profit call. I'm

excited this morning because we have Steven, one of our pro traders, who's

actually going to be showing us how he incorporates SMM, WaveRunner, and the

products that we've developed.

in addition to kind of his own flair on how he trades.

And today he's got about 80 funded accounts.

The guy is absolutely incredible.

I'm excited to have him on a team, someone that I can personally call as

one of my mentors and hopefully be a mentor to you guys as well. And that is

why these calls are so good. And I'm excited to have all of you guys on here.

Just real quick, a disclaimer that I have to read to all of you guys.

This content is for educational and informational purposes only and is not

financial or investment advice.

any trades shown by steven are not considered a recommendation to trade do

not trade along with steven or make trade decisions based solely on this

live commentary or actions futures trading involves substantial risk of

loss and past performance is not indicative of future results my future

success incorporate is not liable for any losses and advise no trades to be

taken during this call so guys i'm gonna go and stop sharing my screen here and i

would like to

introduce steven and if steven before we go in here do you mind just giving us a

little bit of a background to the new people that are on this call potentially

for the first time who you are how you got involved with this and and what you

do because you are you are a full-time day trader and you've had some really

good success sure thanks uh justin welcome everybody good morning good

afternoon wherever you're from

Yeah, basically, you know, I'm just like a lot of other people, you know, worked

a nine to five job for many years, have been in trading for a long time. I must

admit, I've been in trading probably at least 30 of my 50 some years old, so at

least 30 years my father traded. But I've been trading professionally for

multiple years, first with options and then, of course, with futures. But

definitely been doing it professionally as my only income.

Definitely enjoy it. There's, you know, there's a lot of ups. There's a lot of

downs. So just remember in trading in your journey, you know, don't listen to

the YouTubers that tell you that it's just, it's easy.

And then it's, it's, you know, you can make all this money. You gotta be, you

gotta put your time in and you gotta do it the right way. But I think, you know,

it's, you know, the tools that you use and, you know, finding Justin, obviously

in the last, maybe probably a year, year and a half, I guess, you know, I

definitely enjoyed the SMM.

tool as he's evolved it from trading view into obviously i was excited when

it came to ninja trader just because i was so familiar with ninja trader and

obviously to see it where it is today with the ems you know what i would tell

people is if they you know if if if this isn't just a hobby which usually starts

out as a hobby at first you know you work your job you do this you see if you

can do it um just keep at it You know, you're going to have tough days. You're

going to have great. The great days are really high. The bad days are really

low. But just try to stay even keeled. You know, you're going to have both. I

can tell you it doesn't matter how good of a trader you are. You're going to

have bad days.

But, you know, trading for me, I do trade a lot. So for me, I'm in front of

the charts probably, and I'm not exaggerating, probably 10 to 14 hours a

day. I mean, I am in front of it, maybe even more.

I'm in front of it in the Asia sessions overnight, depending if it's moving.

So I look at the charts a lot, and you'll notice with charts, there's

really only six to eight ways the market moves. It's not as much as people think.

It's either going to trend up, trend down. It's going to go sideways.

It's going to have...

Tight consolidation, it's going to have more of a bigger consolidation.

There's only certain ways that the market moves, I can tell you. There's

not 15 or 20 ways. There's not.

You'll see when you sit in front of the charts.

You'll notice there's so many days in the month that it goes a certain way,

and there's stats on that, right? So just sit back, relax. Hopefully, we get

some movement. I made some trades earlier today.

I will just, you know, just full transparency. I do have the five pro

accounts that I'll trade. I did disconnect all my other stuff.

And really, for you guys, I like to be interactive.

I'm going to ask you guys questions. I think people learn that way. I'm going

to ask you guys questions, what you think, what you see.

And I think it'll make you see a chart better. And if you can just get 1%

better, it will help. Trust me.

It doesn't mean it's not going to change overnight.

But you'll see the way I trade. And depending on what you guys want me to

do, if you want me to scalp, I can do that.

If you want me to do something on the YM, I can do that. If you want me to

trade, what I would trade is an intraday type trade.

Which for take profit trader, that's primarily what you do once you get past,

right? Because in the beginning, it's just end of day, which is beautiful. But

there's different strategies that you might want to employ.

That's up to you. But I can show you what I would do aggressively on an

evaluation. I have plenty of evaluations.

I have plenty of...

obviously funded accounts, but I will trade a funded account.

And I will trade the EMS. If you want me to do EMS by itself, I can do that. So,

you know, whatever you guys want, I'm willing to show you. And I will just

tell you, there's a couple of things before you trade.

Some of the things I was thinking about last night is first off, you want to

make sure that your computer is the time. If you go to time.gov on a website

and make sure your computer is not off by more than a second, you don't even

want it off a second, to be honest with you, but make sure you go to a site to

check your time.

That's key.

I'm just being honest with you. That's key. You don't want your charts lagging

because your time's off, and it will.

The other thing you want to do, honestly, is make sure that you only

have so many charts that there is no lag. If you have too many charts like I

do, sometimes you'll get lag. So be real careful if you're trading, especially

with the EMS stuff. With the EMS stuff, if it's on, it's going to come right in,

and it's going to come in real fast and real nice, and it's going to put you in

advantage.

So be careful there.

The other things that I would do is I always look at a five minute. So for me,

if you guys want me to share my screen, I can share two screens. I believe

they'll allow me to share two, but the problem is it'll be real small.

But I always look at my five minute and then I always look at the SMM. So you

guys let me know what you want me to do and we can get to it.

Steven, if you are able to do like a split screen thing, we can try to do

like a share screen and see how that looks.

even if you might do like an entire screen and have two things up, maybe

visually, let's just kind of see how that looks to start. There we go. Do it.

Sure. Go ahead and try that again. Now allow the share.

Steven, Tom here. I would really like to see some of your YM stuff. I think I'm

ready for something a little bit calmer and a little more, I guess, predictable.

And thank you for what you're doing. This is greatly appreciated.

No problem. We can do that.

Let's do these two screens. And scalping for sure. I still can't get that YM1226

up. It just shows a green line all the way up.

I have a quick question. Do you trade with VPS?

No, I do not.

All right. So I can see two screens on here, which looks really good.

Is it too small to see or not?

Honestly, it's not.

It's not bad. I mean, depending on how large of a screen people are on, it's

really not that bad. I think that's actually worked pretty well.

If anyone else has opinions too, I think you're good, man. Yeah. Okay.

So, you know, basically I'm just going to go over a few things before I make

any trades. I mean, hopefully we get some good movement. I'm just going to

tell you, I've already made trades as you can see here. And it's just a SIM. I

was scalping. So I made like 1300 just on a SIM.

So now I'm actually going to go, once I start trading, I will go to, just so you

guys see, these are all pro counts. Okay. Just, you know, transparency yeah

i did disable all my other accounts you know i obviously disconnected so i'll

probably trade this one here but um is this ym no this one this one is m and q

but ym is right here i i knew you guys would want ym so i wanted to show ym if

you can you know look at it it's actually i wouldn't trade this right

here and i'll tell you and i'll tell you why the m and q i would trade and

actually i'll tell you right now the m and q as you can see was sitting here

There's not a lot of movement. I would actually drop this down. One of the

things you got to look at when you're trading is, can you really see any big

movement? No, not really. I would probably drop this down for me.

If I'm going to scalp, like right now, if I was to scalp, I would drop this

down. I would look.

I call off hours. I would look at this and see if you can get better entries,

and I'll show you why.

So you can see this entry here and this entry. So you can see you get better

entries if it's slow.

The market's not that fast.

I'm going to tell you one secret that I do.

You might look at Justin's charts and you might say, well, why does his

candles look different?

And I'll tell you one of the things that I do is I actually take off my candle so

it doesn't sit with the trending where it's going to be colored. Because this

would normally be colored red, right? It's going to sit red here. That's

right. Yeah. I want to see the movement because if you look at any of the stuff,

whether you're using EMS or not.

i want to see when this starts to move and i also want to see it up here you

know the some of the sauce i'll give you guys when you look at this trend here

when you see go green watch this right here see how it goes green here and also

you get the bigger dots now bigger dots i would go in i would actually go in but

if you look even back here see how it's all of a sudden it's trending you know

right here is all this is all chopped i wouldn't trade in any of this this is

all chopped but when you look here all of a sudden you say okay well you know

there's not too many dots in a row that are big right but then all of a sudden

you get a switch over right here and then look at that move right there and

then you can see it even over here you can see that this is all you know you

wouldn't trade this i mean see how it's all still green so it kind of gives you

the fake house and you say no if it's green i'm staying you know i'm staying

even here it's small there's no big dogs so one thing i would tell you you know

if you want to look at your candles and the nice thing is when you put on the

strategy of course your doji this would be the one that would be your yeah your

reverse doji right it'd be this one your reverse doji would be this one so it's

kind of nice but that's up to you you can leave it as the trend color that's

up to you but some of the things i look at like right now see how it's very slow

i mean you know i don't tell me but you can see this is on a 35 10 and you can

see this is really very slow action oh yeah this is snail pace i

mean and then you know one thing you want to do too is a trader you want to

look to say what What do I want to trade? Is the YM moving better?

Is the M&Q moving better? Is gold?

Is oil?

Those are the things. And you always want to look at oil. One thing that I

look at now, you have to look at the oil that's corresponding to the YM and to M

&Q. If oil, which is down $1.90 right now, is favorable probably for the

market. The problem today we have is the Fed.

We have a lot going on. The Fed's going to be huge. So that's going to be huge

swings either way.

But so you can see right here, so like right here, this would be, you know, for

me, I would look at it.

The other thing I would look at, I'll show you is on this chart here, you can

see this is my five minute. My five minute is my go-to and I'll explain some

of this. I know it looks like a mess, but I'll explain it.

So this is your VWAP right here.

If my VWAP is flat, a lot of times during the day, at least once it's going

to come down and you can see it came down earlier, pre-market.

But a lot of times, it's going to come back to VWAP, especially if VWAP's going

straight here.

The other thing I'll tell you, too, is if you look at this here, this is my 8

and this is my 21, I believe.

As long as my price is above the 8, you go long.

Hey, Steven.

Yes, sir. Real quick, can you change your hashtags to a pointer?

I don't know if that would make it better for everybody else, but I know it

would make it better for me. So I can see exactly what you're pointing at.

Yeah, it makes me dizzy watching all them lines flying around.

All right, you're crossed to a pointer.

Let me see.

Let's see. I don't think it lets me do that. Let's see.

Now I can't change it. Just over to the right there. Yeah, there you go.

Yes, it doesn't.

It doesn't let me do that.

Yeah, it only gives me these options.

Usually I do local.

Let's keep going.

Let me just show you what I would look at. See, I'll tell you what I would look

at. See, I would miss this trade and I wouldn't have missed this earlier.

This is yesterday's high.

Okay. Which is super important and then this is yesterday's low. You can see

it's a huge huge difference This is this big red part is just a huge gap that was

on a Sunday night. So this is a monster gap But right here anytime you get near

the top like this and you see in your five minute just so you can see on

regular candles You can see how it stalled right here.

This would have been that this would have been the candle right here You look

at it right here. It stopped stopped here.

This is your pair box ours these tell you whenever prices, you know, basically

and if it's above price you go down so this means it's a down probably next

five minutes is down so you can see how these pair bucks are is basically tell

you if your price is above it you go um prices below it you go down you'll see

it you know it's hard in the pre-market but you'll see it on a five minute so

right now for me i would have looked at this going down and i would look at it

and the reason why i think it goes down is if you look at your 21 sales flat

it's not going up it's not pointing up

It's not traveling with it. And what it should do is if it's going to go up

tremendously, this thing should be open and it should be going right up with the

green. I think we're seeing a different chart.

Shouldn't be.

You're on the M&Q there, I think.

Yeah, that's an M&Q in the bottom left.

Yeah. Yeah, both are M&Q. Yeah.

Of course, this is short-term. This is short-term. This is going to be your

five-minute.

Right. And then what I do down here is I just look to see what the market's

doing. So this down here just tells me what it's doing.

You know, it's going to give you me, you know, so I know the market's almost up

200 points.

But I would always look right here. I would look to short. If it comes back up

to the top here, I would look to short it. But, you know, you got to look to

see what it's going to do.

You know, I would short it up here. I wouldn't go, you know, I wouldn't want

to buy into it. I would want to sell it.

But I have to look and see what the price action, everything's about price

action. So like right now on the SMM, you can see that it still wants to go up

right here.

Steven, I got a question for you on that five minute timeframe, because it's so

nice to be able to get an overall bigger picture at the top where you had the

parabolic SARS and it's telling you that price is going to come down. If you

didn't want to, if you didn't went to the SMM and you were to just kind of

take the red backgrounds, since that's overall the.

immediate trend that your analysis is showing on a five minute you've got some

big movements there just with those sales since that's like a 35 10 chart so

yeah what i would look at right here is you know see how it's just stalling this

thing isn't moving worth a squat i mean you're talking 10 15 it's not doing

anything i mean but you know for me you know this doesn't this doesn't look like

it's going to do anything it's going to sit here and then eventually what'll

probably happen

You know, today's an awkward day just because it is Fed Day. So you really

have no idea what it's going to do. And you don't have any idea what it's going

to do at 2 o'clock or 2.30 or when he speaks. So you got to be real careful.

Normally on a Fed Day, it does go up into the 12 o'clock period. I've noticed

it. It'll usually rise for some reason. It'll usually rise until the time frame.

And then, of course, you know, you get a huge movement. But for me, I'd be

looking at, I wouldn't make any trades until it came up and passed this right

here. And then if it got to here, I would definitely be looking to short.

For me.

But I got to see what happens. I mean, right now, you know, it's going up.

You know, it's probably going to just dance in here. But see, if your 21 does

not go up, if this stays down here, it will come back down to this 21 if it

doesn't open. But if it starts to open up and this starts to go up, then look

out. You know, the wider the gap between these two, the more volume and power it

is to go.

So you got to look at that on a five minute. But you can see your VWAP is

down here.

V webs is down here saying that you know at some point it's probably gonna come

down But today is awkward day like I said today is a day that is not normal

So you gotta be you gotta be real careful. You gotta know what you know,

you gotta know what's going on I'll probably make a trade here Once I see

something move, but if you look even on the estimate look at this right here is

this is consolation this is on a 3510 this shows you if I went back to my If I

go back here You're not gonna see anything. Let's see. You're gonna see

tight. It's tight right here It's true.

You know, and so that's one thing you want to, you know, don't be scared to

move it down.

Don't be scared to move your, you know, the size of your bricks.

See, even right here, you get a buy signal. Now for me, I wouldn't buy that.

I, you know, I just wouldn't, I wouldn't buy that signal right there. That's me.

I know you got this curling up. You see, you got this curling up. I just, this to

me is just too much consolidation for me.

I mean, as you can see.

What do you use for your ATM settings?

Well, on this scalp, this one I was going to show scalping because I know a

lot of people want to scalp.

Yeah. For this one, I believe or not, I have like a 50.

It's only like a 55.

And I do dollars. It's only like a $55 scalp.

It's like a $100 loss. So it's almost, you know, two to one on the reverse,

right? So I know people would say, well, you shouldn't do that. But it's not.

I'm scalping quickly.

And all I'm looking for is $55, you know, 50 bucks after commissions. That's

what I'm looking for on this particular. So how many points do you have there?

How many ticks? This is what I know I have set to like, well, points.

Yeah, ticks, whatever.

Well, the ticks, I don't have mine set to ticks. So it's going to be $55 with

two contracts. So you're going to have to divide that by four for each tick,

right? The M&Q is one tick is a quarter point.

So, but I could show you, like, if you go in here.

Yeah, see, $55, $100. And then here's the thing. If you're going to scalp what

I would tell someone to do, you go break.

Do you mind? Sorry, can you go back? So you're doing it in dollars then.

You can do it. I like dollars.

I mean, because that way when it shows up on this chart, you're going to see if

I make a trade, you're going to see it show up on my stop loss or my take

profits. You're going to see them come up.

Yeah, so you're doing two M&Qs.

Two small M&Qs, yeah.

Yeah, okay.

But I'm only going for $55, and you'd be surprised when you do it. If the

market's moving, you'd be surprised how quick that $50 hits.

Yeah, really. Right here, if it breaks this. And then what do you have for

custom?

Is it the trailing or something?

Well, for me on this one, I only have my profit trigger. So as soon as it goes 30

ticks, I'm going break even plus four just to basically.

And the plus four doesn't even cover.

really the commission but for me i don't want to have it go against me if i'm

going to go profit i don't want you know yeah that's a great idea yeah don't go

don't let a good trade or a positive trade go negative on you just don't want

to do especially if you're going to scalp look i'm going to you know

obviously if i'm going to trade my pro accounts right they're going to be it's

trailing intraday trailing right so i don't want to give up anything and

unless i trade you'll see me i'll move it i'll move it tight i don't care you

know once i get 20, 30 bucks in profit. I'm not giving that back.

Like, you know, I traded earlier, you know, and I got $1,300 doing it, but I

mean, that's just playing with, but like, see right now, if this doesn't

break here, I'll just show you if this breaks, look out, we could go up, you

know, pretty good. But I mean, if you look at your five, see it right here,

it's going to test it again.

But really, if it really, what needs to happen, if it tests right up here, which

is, you can see the number, right?

The numbers don't lie. So 29, 500 really is the key. That is huge. Whole number.

Yeah. The whole, your whole numbers are key. I'll give you guys hints.

Your whole numbers. It's not every whole number, but they're the whole numbers

are very key.

75 is another one, not 70, but 75 is one.

And then from 75, you go right to 500. So you're going to get these big

algorithms that make the moves to either go up or go down. So the next one down

will be 50.

And then you probably have 20. And then of course your whole number.

So that's the way they move. See, like right here, people say, well, why didn't

you go up? See, I wouldn't, because you can just see it's stuck here.

What I see here is this is a gap. See this gap right here?

The thing is it shot up too fast. There's orders in here.

And normally what happens is if you play FBGs, and I know it might be advanced,

if you play them, a lot of times it'll touch them, and then sometimes it'll go

right back up.

But the other times it'll touch them, it'll go halfway through, then go up. Or

if it goes through it, it crashes it.

Then you're coming down.

There's two ways to do it. Usually it touches it and then it continues up or

halfway.

50%. Some people have a 50%. This is an FBG. It just shot up too fast here.

There's orders in here for sure.

Steven, that red box, rectangle box at the top, that's your liquidity zone?

The red box at the top? Yeah.

That's actually an FBG. That's an FBG as well.

That one probably got broke, so the FBG got broke. That's why it stopped. Now,

this big red one here is from Sunday night. This is a huge one.

And the way you'll see it is you'll see it right back here. You'll see it right

here from Sunday.

Sunday opened. It's a huge, huge gap.

see right here see how it's just sitting here that's why i said i wouldn't take a

trade because it's either gonna come here or i'll tell you i can tell you

what's gonna happen if this doesn't start moving up with the green line you

know and this starts to flatten out look out it's coming down here but don't make

any trades on my recommendation you're right and i'm just telling you and if

you look at look over here this thing is not doing anything now i for me I

already know.

See, I would go here. You can't look at the 60.

It's not doing anything. You have to go to 3510.

That's true. So in the short term, what does it look like? And I'll ask

somebody, what does it look like it's going to do here in the short term?

Could someone answer that?

It's going to range.

It's either going to range, and guess what? So if it's not, guess where it's

going. It doesn't look like it's going up. This is short-term. So remember,

what I say is short-term. All I care about is price action. That's what we're

trading. I don't care what happens three hours from now, an hour from now. I only

care for the next few minutes, literally, right?

So it's ranging right here. Even on a 3510, it tells you how slow, which kind

of sucks.

But for me, if I'm looking at this, okay, this is starting to curl down,

right? So that's a good indicator that it might come down, right? We got red.

We don't have a red background.

We just have this here, but does it look like it could go down? Sure.

But look at your Bollinger. Your Bollinger hasn't curled yet either.

So the Bollinger hasn't curled. So it tells me I'd stay out of the trade.

I wouldn't trade it.

And then one thing about trading, and I'll tell people, you know, and for me,

it's one of my biggest things that before I was not patient. I am super

patient. I mean, that's why I trade somebody else. I am super patient. I

will wait.

And so you can see this bullish dojo. That's why I said I would not go down. I

wouldn't do anything. This hasn't turned over.

And if you look at your five-minute, look, it's just sitting here.

The five-minute is so key to me. I mean, it's one of my go-tos. I mean, the five

-minute is so key.

But I can tell you right now, this is going to make a big move at some point

here. This is just sitting here ranging. It's going to move big.

And before probably 12 o'clock.

It's either going to come down.

But so you can see this is starting to point up a little bit.

mm-hmm and you have you have your parabolic SARS if people know about it

basically it's a stop and reverse type thing and so what that means is this is

down so this means that it would go up right so if it's if it's below meaning

that it would go up if the dots are above and prices below means it's going

down I do like using these I've always I was taught by my mentor to use them on

the five minute and I like it but right now see I would not trade a single thing

and if you're trading right now do not I you know I would say don't trade you can

just see it's it's barely moving i mean if you look at this right here we were

at what 200 points when we started talking 197 it's only at 215 points it's

only been in the last it's only been a 20 30 point move and i mean it's very

very small since we started talking at 10 something right it's very small move

and mind you this is on a 35 10.

this tells you how little it's moving and you can see this is tight

consolidation i mean this is tight

Can you trade this? Yes. You know what I would do?

I was going to say, right?

You go short at the top and of course you go long at the bottom, but what is

the bottom at the bottom here? Is it here?

Here's the other thing.

Super, super important to watch your hundred. Look how flat that is. So you

know what that tells you? I'm going to, you know, people that know it, look what

it tells you. It's going to come down to it and it's going to probably do this.

It's going to go like this.

It's going to snake across it. As you can see, it already did let down, back

up, down, back up.

what's it probably gonna do here if i was to look it would probably come back

down snake back up oops which um is there an indicator

for the previous day high and lows that you are using yeah i do use uh this one

up here i do use this one i think it's from um trade saber um but you can use

you know you can mark them i like that it marks it up blue for me and then red

for the bottom i do and and i'm telling you right now anyone that trades knows

how important those are those are super important yeah exactly it would be nice

to have them drawn for you in the screen let's see like right here i don't know

if you guys are trading i wouldn't i mean you know anyone that's on here

would not trade this i mean this is just chop 100

Can we get off of current time, then, and maybe go back and show us what you

would do, not what we, at this moment, shouldn't do?

It's easy for me to tell you what I would do, because see, like in here,

this is all chop.

Everything's chop. Yeah, I mean, that's quite obvious.

I mean, for me, I'll tell you what I would do. So I would look at all these

that change over, and they're on a different color, all these dojis.

and then play them that's what i would do you know that that's how i would play

this right now um because all of these are profitable if you look at every one

of these profitable but this is a tight range i mean if you you know you know

you don't want to get chopped up but even this it's back down to the line now

here's what's going to happen here it's either going to break down here come

down here and then probably go back up so

I mean, this is not where I would trade. I just wouldn't trade it because there's

not enough movements. I mean, look, we're at 205, 203 up. There's not a lot

of movement here.

Steve,

can you also go over your YM scalps and how you're using Maverick?

Now, see, YM looks good, but look at the slow movement here. If I'm looking at

YM, look at the red. So that's a beautiful down.

So does it look like it wants to turn up? Yeah. Here, it looks like it wants

to turn up.

Like MES, actually. What about MES? Because that's making a move right now.

MES should be super slow.

So MES should be super slow. I don't know what it's up, but it should be

slow.

It's making a really big move to the downside.

To the downside?

Mm-hmm. So if it's going down, I can tell you right now, if MES is going

down, then you always want to look to see if NQ is going to go down. They

should follow each other.

What is your brick settings for YM?

So my YM, this is what I use for YM.

For my YM, if I'm going to trade one, this is it. It's always a 200, 200. I

already know.

What is your brick setting?

No, your brick.

The Ranko setting.

Oh, Ranko is 16-4.

16-4, okay.

If you're going to scalp on the YM because it is dangerous, my profit

target is just 15 and I go three.

I always want to go break even because you got to be real careful. You can get

huge moves, as people know.

It doesn't take much, even on one contract, to make a lot or lose a lot.

So be very careful. That's what I do.

And I'm going for 200 bucks.

And I don't want to lose more than 200. You can do that pretty quickly, even on

one.

Hey, Steve.

Yeah.

My question to you is you have 80 accounts.

I don't know if everybody's listening or want to ask this question, but 80

accounts is a lot. So for me,

how are you able to, what, what method, what prop firms are you diversifying

with to have that many accounts?

And then what trade copier are you using with those

accounts? That's probably one of my, my, my biggest things.

um that i struggle with because i have a decent amount of accounts too and i

worry about like slippage and accounts not closing so having 80 and i don't

know if you're trading them all at one time um but having 80 how are you able

to diversify it how many platforms are you using and what trade copy are you

using good question um i've used multiple trade copiers and i'm not here

to say one's better than the other but i do believe in my personal experience

I won't go back. After affordable, it does everything for me.

So affordable indicators, to me, is worth its money in gold. A lot of people

say that.

I used to use Replicon. I used to use the Apex one, which was the same as

Replicon. The thing I found with Replicon, a lot of times you'll have

ones that the trades don't work, even if it's just you're trading 10 or so

counts. Sometimes you'll get some that don't go, and then you'll get some that

are ghosted out there, and it'll actually do the reverse trade.

I never liked that. I've had some bad stuff with them.

Hello.

That's my opinion. Hey, babe.

The other thing is, okay, I'll tell you all the ones I traded with. I can tell

you I have Apex, Aqua Futures, Blue Guardian, FFF, which is, what is that?

That's Futures. I can't remember that one.

Funded Futures Next, Funded Next, Futures Elite, Goat, Legends, Lucid, My

Funded Futures.

Take Profit Trader, Top One Futures, Trade Day, and Tradeify. I have accounts

with every one of those.

I don't know if you realize you probably have Apex.

After six payouts, you got to restart all over again.

Yeah, I have no problem because they're so cheap. It doesn't bother me. You

spend $50 or $70 a count.

It's worth, I mean, when people want to complain that you can't make the million

dollars anymore, it doesn't matter. How many people are going to make it to six

payouts? Not many.

Oh, yeah.

Fair point.

Let's look at, see, this is so slow, too.

And I was going to just say real quick, not that I have anything to do with this

platform, but Future Funded Families right now has a 90% off.

They're running a special for their straight to funded account.

Just an FYI. I saw that email. I did see the email. I do have accounts with them.

I have some Velocity ones, which are cheap as all get out. If someone wants

to do those, they're cheap.

I mean, I would tell people. It's like $49 for a straight to funded. It has a

25% consistency rule, but it's not bad.

And it's only going to be for a couple of days.

Yeah. And when I would tell people, they'd say, what's the best companies to

use prop firmwares? I'm going to tell you my top three.

Take Profit Trader for sure.

I've told Justin this too. And I believe it or not, the other two best ones, and

there's really three other ones for me.

Trade Days always paid me. They're great.

Tradeify is amazing.

And so is Lucid. Lucid, believe it or not.

is up there you know you won't hear a bad thing about lucid you know one-time

payments i think i was telling justin you know you just pay one subscription

for you don't have to pay ever again end of day two end of day which is nice too

so you know for me and i'll tell you the ems if you do ems auto and you want to

do it automatically tradeify and lucid allow total bot trading so

so i just want to give a question Yeah, this is Dave. I'm going to answer a

question for David regarding the forms and the slippage and the

reversing orders.

I've been on the hunt for copiers and these answers forever.

I mean, I've worked one-on-one with Joel at Affordable.

We've tried, I mean, Replicom. In fact, when we talked a year ago, when you were

running... Just coming out with Ninja and you were going to run that free

copier, you and I were on a call and I said, you're going to want to definitely

get an affordable or replicable because scalping in these copiers are

nightmares. The biggest thing that I've come up with, and any firm will tell

you, when you bucket your accounts in the copier, make sure all the firms that

you're copying are the same firm.

The problem starts to arouse.

arise with these copiers when say you have apex take profit and lucid in the

same copier you're firing orders to three different companies three

different systems back to the market at three different times so the copier

doesn't know what to do other than

Follow the master account.

So, you know, if Lucid has a two-second delay or a millisecond delay, and then

Apex has a one-second delay, and Take Profit doesn't have a delay, all them

factors you don't realize as a trader need to be factored in because the best

thing to do, again, is if you're going to trade Lucid, copy only Lucids. If

you're going to take Take Profit, only copy Take Profits.

Don't intertwine firms.

on the copier because you're going to have problems with that because of the

speed that you're dealing with the connections.

So I got a question here for Dave and Steven. Steven, sorry, I think you

might've got muted there.

On affordable, are you guys able to actually almost separate and kind of say

only trade these prop firms together?

Absolutely. So then you don't get that issue, right? Is kind of what I'm

getting at.

Okay. Okay.

very well yeah one thing you can do uh justin like when he said it's true

sometimes what i do is you can see you'll see here like i have these things

called leads right so i have five different groups that i'm going to set

up different you know depending on what way i'm trading and which platforms i

want to trade whether it's evals or funded so i haven't set in groups so i

might have

i might have a couple from different now i don't just trade one i don't just

trade you know tpts by themselves i will intertwine and i do find what he said is

correct if you trade one of them and it's like let's say it's apex and it

might be slightly behind the other ones because your connection feed especially

if you have rhythmic rhythm makes a whole nother thing You know, I would do,

I would create one of these and I know some people will say, well, don't trade

from a SIM lead, but believe it or not, I like to send leads.

I get better fills on my SIM leads than I, than I do from leading from like,

let's say take profit. Right.

That's how mine works. But yeah, you know, and then the same thing, Steve, I

have the SIM auto and I trade and that's my lead on affordable indicators.

And then I just click the rest of them to add.

Yeah, I think it works good that way.

Rhythmic's a little different. Rhythmic, I always find, to me, always seems

delayed, even when you're logging in. I don't like rhythmic connections myself,

but some people love it.

Well, Affordable is the only firm, I believe, that has corrected the rhythmic

issues.

Yeah, I agree with you. I think they do a better job than some of the other

ones.

Rhythmic, a lot of times, you'll get disconnected.

You'll get where it's still running behind.

I don't like rhythmic.

In my opinion, but that's me.

Hey, Steven. This is Jason Bell. How are you doing?

Hey, Jason.

Have you guys used that ultimate connector with affordable?

I have not, but I have not. Look at this trade right here. What did I tell you

guys? See this?

All the way down. If it breaks this, this has to follow it down. Just real

quick. This has to follow down. It could come all the way down here.

It's got to break that.

That would have been a good trade right here. This would have been a good trade.

Go ahead, Jason.

I didn't mean to turn on my camera, but what I was saying is that I did purchase

that ultimate connection, and what it does, it fixes that rhythmic issue where

you can have five of them, and it's always connecting to the millisecond to

seeing if your connection stays connected or not.

And so when you do your dashboard and you do it sync, you know, sync the

connection, it makes sure it syncs with your rhythmic connection as well. And it

also identifies if it's a strong connection or bad connection. So a lot

of those issues that you typically have with rhythmic, they really fix it with

that new connector that they've created.

Nice. Why would you use a rhythmic account?

What's the advantage?

I don't like Rhythmic.

Yeah, from what I understand is that it doesn't, like, it won't

reverse trade like sometimes TradeOvate does.

Rhythmic is very much like it will follow exactly the trade that you're

doing. The problem is the connectability.

That's one of the big issues that always has through NinjaTrader because you only

can have one account, I think, associated with it versus with a...

The other issue, too, what Jason is saying is you have to have your own

account. You can't log in with a prop firm's account. They won't allow any

rhythmic connections.

If you've got a trade of eight, let's say, with TPT, they won't allow you to

use their login and use a rhythmic connection.

You have to have your own.

Interesting.

I have a quick question. Do you trade mainly manual or do you use the EMS? I

noticed you haven't heard on.

turn on the ems much i do both actually i do do

both um so like here i do i want to make a trade i want to trade for you guys

right here i do but but i you know the trader in me says look at this i mean

this is on a slow period why would i trade this yeah what's what strategy do

you use for the ems when you do use it I'll be honest with you, about 90% of

the time, as Justin says in his videos, the reverse doji, and only because it

does get you in earlier than when you have to wait for, let's say your buy

long or sell short. The buys long and sell short gives you the confirmation

that it's still going to go that way, but it's three candles normally.

I noticed three candles normally late. Like lagging, yeah.

So you just got to be, you know, but then again, if you want to be sure.

you know you would highlight see like right here you know left you say why

aren't you trading i'll just tell you why you know and all you traders know i

mean look at this this is a 3510 this is this is this is so low you wouldn't

trade it and do you use the ems with a 3510 or do you use it with a 6416 or

does it change i use it with both i will use it with both i'll be honest with you

i think the 3510

get you a lot of your scalps quick and nice and fast more so i found in the 64

16. that's just my opinion i just think like right now see if you were to scalp

this right here you would you would have gotten you know you would have gotten 50

points you know 50 real quick here if i would have done it here but if you did a

64 i'm not sure you would get it right i mean this thing can reverse back down

because you're looking at your 100 and you can see this 100 is flat as all get

out and this is flat super flat So what this is probably going to do, it's going

to do the same thing I told you before. It's probably going to go up here

somewhere. It may go up here. And then you know what's going to happen?

It's going to wander back down. As long as this stays flat, it's going to wander

back down probably. And you can see right here, see your Bollinger?

It's flat as a pancake.

So for me, people say, why don't you take this trade? I don't see

continuation here. I don't see it at all. I mean, it shows me that in the

past there hasn't been any.

This is the best price.

FOMC at 2 and then again at 2.30.

Yeah, we got big news today.

It's probably just going to consolidate.

What was that person saying about the price action?

Well, this is the best. This is Travis here. This is the best price action for

a professional trader to show people that you are 100% patient.

You are sitting and waiting and you do not see your edge present.

And so a lot of things, especially for a professional.

is is being able to know when your edge is present and when to interact with the

market i always say it's like playing with a snake sooner or later it's going

to bite you and well said and so this is this is very perfect for people to

realize you're talking about 80 accounts you do this you do that and you're and

you haven't had 15 trades and borderline blowing your account today because right

and if you look at it if i would have traded this you know if i would have

traded this

I already know what happened. I'd be negative for the day.

I just know.

Because, you know, yeah, maybe I could have gotten these. But what if it

didn't? What if it chopped it and went right up? I mean, even right here, look

at this. This is total indecision here. There's nothing here.

Look how much it's up. It's been bouncing from, like, 195 to, what, 216

up. I mean, you've got to look at that stuff. You've got to say, okay, well,

we're here.

And there's no commonality. Look, here, here, here.

Even on the lows, there's no commonality at all.

It sucks because I do want to trade. I do want to trade, but I know to teach

you guys what I would trade.

YM is doing awesome.

Is it?

YM is doing good?

Yeah, so YM had a beautiful move.

Yeah, wow.

Well, let's look at YM. Let's trade YM.

I'm finding there's so much more quality moves with this.

On YM. Can you stay on the 64 with YM? Is that pretty much your rule with YM?

It is, but at night you'll notice sometimes it doesn't move worth their

darn. So just be careful at night to trade it. A lot of times it doesn't

move. So be careful trading it at night. And when I mean at night, I mean, like,

let's say Asia session. Like, you might get a move at 8 o'clock as soon as it

opens up.

But just be careful on why I'm at night. That's all.

And can you incorporate maybe some of your Maverick stuff, like what you like

to look at here? I thought the zones were great.

I mean, I can show that stuff.

I can. I mean, I do have charts with that on there.

I could show some. I kind of wanted to do the SMM predominantly just because I

think for, like, for this one, and I'll do YM. If you want to look at YM, this

is easy to spot. Look at the, the YM is beautiful, and that's why I love YM.

This is a beautiful chart. Yeah, I prefer the SMM.

What's that?

I prefer you keep using SMM, right?

Yeah. So if you're looking at YM, I mean, let me just ask you guys, what do

you think is going to happen with YM? If you want to look back, what do you think

is going to happen with YM right here, if I was to ask you?

It's going to reverse.

So here's what I think would happen by looking at this.

So here's a key level, right? So you can see this right across the board. This 5

,500, it's going to be huge. You can see it, right?

It's a whole number. Look at it here.

Consolidating. Right.

And then look at these lows where it stopped here for a while, just when the

market opened.

Now, look, it already broke, so it's going up. So probably what's going to

happen here, if it gets to 500, which to me it could easily do because it came

here a couple times. Look at how many times it came here.

But it's going to be slow. So what I would look to do, this is me personally,

I would watch this stuff.

It's either going to break up.

tremendously and it's going to just keep running i mean you know it's going to

keep running and remember you always want to be on the december you don't

want to you know september there's no contract so always make sure you know

what has the most volatility and it's really easy to find out you just go to

the website and see what the volatility is and how many contracts are traded

it's really simple but see this right here it's pausing so for me i might take

this trade i gotta see this i gotta see this come and i gotta see this go i i

gotta see a nice movement down and and i'll tell you another thing don't ever

If you can help it, don't ever trade opposite of the color of the candle. And

what I mean by that is if you're going to go long, make sure it's green.

If you're going to go short, don't say, well, I'm going to get this early, you

know, because what happens, you want to be in with what the big guys are doing.

And if it's moving and you got an advantage, that's one thing about the

EMS, I would say, is it a big advantage?

As you know, when it gives you that signal, a lot of times, you know, you're

in and you're.

You're profitable instead of being negative. Sometimes you'll get in here

like, okay, I'm profitable already instead of being negative, right?

So that's the nice thing about the EMS. If it's going up, you know you're going

up. If it's going down, you're going down, right?

So that's one thing about the EMS that I do like. And the reverse doji works

good. But right here, we're pausing.

I still wouldn't say it's going down, but what I would look at is say, okay,

this is the 100.

And I'll tell you, you have to really look at the five minutes to see what

it's going to do.

Steve, could you go to five minute on YM and let's just take a look. That's what

I was going to say. You want to look at the five minute. Sure.

Kind of get that bigger picture feel.

All right. So let's look at the, let's look at this one.

I don't know what this is here.

So, okay. So five minutes.

If you look at this five minutes, this tells you everything you need to know.

And this is nice.

So you do see it up. You do see an up movement.

Here's, here's VWAP.

It's near VWAP.

And then this is the high of the day. You always want to be real careful of

the high of the day from yesterday.

So to me, when it gets to the high of the day, I'm not saying that it's not

going to go through. I would look too short. But that's me because your

biggest seller is there.

You know, your biggest buyer is going to be down low, right? So wherever the low

of yesterday was down here,

so you always want to look at that. And you know what? To be truthful, I would

tell you guys this too, right?

And I know people won't tell you this. It doesn't matter. Your orders don't go.

They're not routed. So it doesn't matter that there's not somebody. There's no

one on the other side. This is sim trading.

So all you want to do is follow the big money. You don't care about anything

else. Just follow.

But the big money is you want to trade. No one cares. You're not live trading

where there's got to be someone on the other side taking it, right?

This is sim trading. When it's sim trading, it's going to take it no matter

what. So all you want to do is be right with the big guys. That's it.

i mean it's just being truthful so right here i would look at this there's a

here's a here's a here's a fvg right that's because it dropped down so what

might happen is it might come up here and touch this and then it would

probably happen not saying it's going to but what would probably happen is once

they get those orders and it doesn't break halfway it's going to go coming

down but that's that's what i see even right now you got up you know you got

enough stuff here but see how it's like slowly just sitting here I also touched

the VWAP is so important. I would tell people I learned VWAP.

It's so important.

I mean, a lot of people don't look at, but it really is very important.

But this is real slow, right? I mean, this is slow. I mean, it's a very slow

move. This was a nice move here.

Can you show how to take the color candles off with the trend and then how

to put that indicator on that hundred? I think you said it was.

yeah that's real simple so basically in here when you go in here and you go to

your indicators so what i like to do on this one

so on this one all you do is you go in here and you

just take you just go down here and just turn off the trend right and that's on

smm main you guys yeah sma and then the other one that i like the thing that i

like the i think you're talking about the the are you talking about the hunter

that turns color

The 100 EMA.

I do love this one. It is free.

So that's going to be this one right here, this EMA colorized.

It's by Ninja.

It's free.

I do like it because it gives you a nice visual.

That's a third-party install, correct, Stephen?

Yeah, it's free, though. You can get it free. Yeah, totally.

And then how about your VWAP? I know you have to have special settings for that,

but your VWAP that's changing color up there?

Yeah, that one, I'll tell you, I like the VWAP that you do get with Ninja.

The issue I have with it is that you've got to use a prop for one or you've got

to pay for it, so I don't like that. But I do like mine, the way I have it set up

here.

And what I have it set is really it's a default one, but I do have it change

color. I do have it where it will change color. Whether it's below, it turns

everything red. When it's above it, usually it goes green.

Mine's a little confusing because I have...

You know, I have orb right here, which makes it a little, you know, it's hard

to read some of this. I mean, I know all the lines, but it makes it hard.

But I do like when it's below it, it's pink for me. And what I mean by pink,

pink, it's going to sink.

You know, green is going to go up.

But, you know, if it doesn't, you know, and my settings are real simple. All it

is, I fatten it up a little bit so I can see it. I have two deviations, which are

just standard deviations, one and two.

And, you know, I'll just tell you, whenever you get past two.

Most people know this. If you get past two, most of the time, not always, it's

going to come back up. So if you get one deviation, it does it a lot. Two

deviations up, a lot of times it'll revert back to VWAP. So you always want

to look at that.

Sometimes you can have a third one, which would be way down here.

If it gets past three, that's extreme.

And it's like a rubber band. It usually snaps. Just like you can see here, it

came down.

Look at your VWAP. It's kind of flat.

Right back up.

Yeah, smart.

I mean, this is really slow. Like, for me, this is really slow trading. Like, I

wouldn't trade it. I don't think I've ever seen a day this slow, to be honest.

Yeah, it's really bad. I mean, I'm going to be honest with you.

Yeah, it's real bad.

Let's look at, I mean, look at this. This is, I mean.

Oh, yeah.

I would love to trade for you guys. You can't, but it's exactly what I said is

going to happen. It's going to do this, and then it's going to come down

probably.

Let's look at this.

I mean, this is flat as pancakes. So it's going to come down probably here,

maybe touch it, maybe come down here, and then it's going to do the same

thing. It's going to roll back up and do the same thing. And that's what today

is. You can clearly see it.

And I wouldn't, you know, I would tell somebody, I wouldn't, I mean, look at,

let me put this to a 6416 and look what you guys see. You tell me.

Would you trade this?

Okay, so I think the question I keep, I'm trying to ask.

Take away the process of today's a shit day. We all know that.

In general, what is your process?

If today was like a normal day, that's why I ask, go back in the chart to a

more open session. I know we can all see it, but give us the process.

It's like this needs to take place in order for this, for this, for this, for

me to place the trade. What are your steps?

All right, let's do that. So let's go yesterday.

And I know we can all look at the chart and be like, well, I wouldn't take that.

I mean, be honest. If you take the trade and it loses, it loses. That's part of

trading. But, I mean, I'm looking for your process, not the current market

conditions. Well, and I'd love to show you my process, but I can tell you the

thing is the process is always different, right? Not one process works

for every day.

You've got to deal with change.

Understood. Totally.

Understood. the reason i don't like really going backwards because you know

what every youtuber every person can say well this is what i would have done well

and and what i've done that's what i just said be honest with what you're

right i mean just right we're looking for your process and i've yet to see

your process yeah i'm an honest guy well yeah if i would have traded you see my

process but my process is to stay on my hands to be truthful at this trading

yeah like

is to stay enhanced because you don't just because you're in front of the

chart doesn't mean you got to trade it because you do that i'm going to tell

you what's going to happen you're going to blow your accounts that's not trading

right that's just pushing buttons that's gambling trading is being patient you

know would i love to go short here of course right but i mean what i would do

is i always look at this i look at my i look at my hundred and look at it break

and when it starts to bend and the bollinger bends well how many how many

how many confluences do you have right you have red here red background you got

a doji you got a self short you got this breaking down you got this changing over

dots below you got this going down and you would have a downtrend if i had my

downtrend it would say downtrend and then i would wait and here's the other

thing you want to wait see how this is down here doesn't mean it's always going

to come back up real quick people think well it comes down here it's going to

have to pop up no it's set down here for a long time right but then the next time

i would what i would do the next time it goes clean the next time i see this

right here And I look and see where this is. This is at, what, 220?

I go and I look left.

Well, guess what?

This is a good opportunity that's going to go back up, right?

Look at that.

That's a good opportunity that's going to go back up.

It doesn't mean it's going to stay up. It just means it's a good opportunity.

Totally. Steven, I've got a question for you that might kind of help Dave's

question and some other ones here.

And if you were to take it as like a bigger timeframe and then go down to the

SMM afterwards, if we were to focus on a five minute chart over on the right hand

side, because I like how you do that top down analysis.

When you look on there, you're like, yeah, that one there.

If we all were to pull up a five minute, what are you looking at there to be

like, okay, this is where I want to go long or short. And then you dial it down

to the WaveRunner afterwards.

Is there something that you're...

Looking at like a VWAP bounce or something?

Well, I'm going to tell you the keys that I've learned. I'm telling you right

now the keys are, and if you have the profit wave, all a profit wave is, is

really the distance between these two, right?

So you always want, you know, I learned from my mentor and it's as simple as

this, and I hate to be this simple, but it really is.

If price is below my, this is an eight, not a nine.

If price is below that, right?

I stay with my short.

If it cups it, what we call cupping it, he used to call it cupping it, and it

puts it under its hand and it wants to curve up, I only go long.

So in this case, in this case, on a five minute, you'll see that even, you know,

you'll see that it follows it a lot. Watch, right?

So right here, for some reason, price is up, up, up, up. And then all of a sudden

it breaks, right? And then you have a crossover, but it breaks. As soon as

price breaks.

You want to look here first. And then if it breaks that and breaks your 21 or 20,

whatever you're using, it's down. And then you just stay. Mike, he used to

say, you just stay in that trade. And then you got your crossover, right? So

you know your crossover.

This crossover says nothing but down.

Nothing but down until right now.

And even right now, it's basically going up.

What you really want to see is you want to see this kind of this price come down

a little bit. And then you want to see this sharply point up.

and do another crossover and then what you know widen up and then if it does

that's going on but right now it's not something i'm taking out of this that

can kind of summarize this really simple for a lot of traders too is if you're on

the five minute time frame and you have an eight ema and if price is below that

you could literally go to wave rudder and look at all red background changes

and then you're actually overall trading with the bigger trend if that was

specifically just what you focused on that would actually make some really

decent money so you see how like right now on the chart on the five minute,

we're above that eight EMA. Look at every green background change that was

above that. Those are all big profits, right? You wouldn't be trading against

the trend at that point.

So this is where I love and what I'm going to start doing as well as try to

look at that bigger time from a five minute and be like, what's that overall

direction? And I like your eight EMA because we can all visually see it. That

sucker follows so close. It bounces, but if it breaks, it breaks.

And that's literally your bullish bearish indicator.

to then know exactly what opportunities to take on.

Yeah, let's look at M&Q. Is that the green line or the red line? Which one's

his eight?

My eight is the green. The green is the eight.

Yeah, the green one.

So let's look at M&Q just so you can see. And M&Q is wild. Let's see the same

thing. And these pair box dollars are pretty good. So, you know, it goes above

it. You stay in that trade until it breaks it.

Totally. You stay in this trade until this candle breaks it on a five minute.

But then it breaks it. And then, you know, you always want to look at your

slope. As soon as that slopes, you're in and this one you know pair box hour says

guess what stop and reverse boom and then you then then it's just

consolidation city right here right and you can see if you're 21 is i'm going to

give you the secrets if you're 21's flat it's coming down right so if you're 21

isn't pointing up it's coming back to it right so even right now if we look at it

right now see it shot all the way up 21 started going up slowly and it is going

up so it's an up trend and then if you look at the green look See, it's just

staying in the, you know, it came down a little bit here.

But it's in it. See, it tested that 21.

But if you look at it right now, everything is pointing up on the MNQ.

There's no down. There's no downtrend.

Here's my uptrend, actually.

But there's no down. And if this gets wider, if this gets wider right here and

this can actually point up, it's going up. But it's kind of flat right here.

See this here?

You always got to look at slopes.

I mean, you have to.

The slope of this.

It's not really pointing up, but it is open. And the gap makes a difference.

The wider the gap, the faster it moves.

Yeah, totally.

But so right now it is up. I mean, you can see, see, it's up. It's an up

movement until now.

So here's a trade opportunity. If it comes up here and it breaks this 500,

I'd be interested in shorting. But that might be my first trade. But I wouldn't

short until I see confirmation of what it's going to do. But this would be my

first opportunity to go short.

for me because right now you're you're breaking this already and it's got to

break the momentum it's got to push you just got to push quickly so if it pushes

quickly like it is it's got to push quick so you'll have a whole bunch of

buyers coming in now what you want to always look at you want to see whether

this is going to move up if this moves up sharply look at it could be a nice

move up uh you know until probably 12 or so one um i just

like the that aema green candle in the five minute green on on a lower 64 16 or

35 10 just seems to work so well yeah see right here now that big money's

moving it's going to touch that 500 and then you want to see the reaction of the

500 does it break through with power or does it get does it get slammed down and

then here's an important candle so you know you depending on what you want to

call it you know you call a shooting star it was starting to create a

shooting star it didn't see so you want to wait see and see if it goes through

it guess what's power and guess what

It could continue.

I mean, this could really continue up.

And you're seeing on your chart too. I mean, if you look at this right here,

this is a big trade.

Big momentum.

That's why I always tell people it's so important to look at that five minutes

the same. I don't trade without looking at the five minute and then a lower time

frame. You have to look at it.

So this is pushed up and now you can just say, okay, well, this candle is

super important. So I'll tell you what I would do.

This could be my first trade.

If this stops and this candle gets eaten, and everyone knows this right and

the next candle on the five minute which is about four minutes away if it's red

and it breaks this base right here i would go short that's that's

what i would do but i you know i gotta see it happen first so we'll see this

thing could continue to go up and this thing could go the next stop would be

probably 550 if i was to guess if it's going to go but it's got to move the

power and it's not we'll see if it does

I mean, you're talking, it's what, 11 o'clock. So you got the Europeans coming

on in what, just a few minutes.

So the Europeans can make a big difference. So you always gotta be

cognizant of when things are traded.

You know, your 10 o'clock timeframe, your 10 or 10.30 reversals. When the

Europeans come on, right, the Asian sessions, I mean, those are all, you

know, orders at three o'clock, orders at 3.45, 3.50.

You gotta know when those come in because those are usually your big

movements.

So if this candle here,

As you can see, it's having problems.

If this goes and goes red, then it's either means obviously red to the

momentum stopped. It's either paused or it's looking for a reversal. And I want

to look at my for my five minute. I want to look at my SARS.

You know, I want to get a pair of SARS. Is this thing going to go and give me a

dot up here or not?

But until it does, it's still an uptrend.

It just is.

So Steven, if you were to get a dot on the top there and let's say the next

candle closes below the base of the one we're on, that's a pretty good

indication that you're looking to come back down, right?

Right. Like even right now, see how this, it takes a lot of power to get

eaten right here. So this is a shooting star, right? Or, or, or doji, but it's,

you know, so this is a doji. So this, the next candle is big.

Yeah. Next candle will say a lot.

Right. And see, it didn't, it didn't power. And then, you know, right here is

a tight spot. This is yesterday's high. So you gotta be real careful here.

So either it's going to flush.

decently here we'll see but that takes a lot to eat that candle a lot of power

believe it or not to get that to go all the way up to 514

and see if you look if

you look at it over here it's saying everything's saying short right short

short short that reversal doji is still the winner It seriously is you guys

like who's at that EG mags. I'm not kidding. It is.

It's gold.

Yeah. The reverse doji. Yeah.

When we, we get done, if I could show something on my screen that I've been

doing with the YM back testing, testing the last few weeks since Steven

mentioned it.

I'd love to do that when he's done.

So this doji is dangerous here, right? So now all of a sudden you've got buyers

coming in, right? So this is basically a do-nothing doji.

What you want to see, if you want to go short or you want to try to go short,

you've got to see this thing fill in red, see?

And that's why you wouldn't trade is you have to wait. You've got to wait on a

five-minute candle.

So you've got a minute, what, minute nine?

So this up here is just lag too. If you ever want to see how much lag you got,

that's important now on your charts.

This is real time. This is your chart time. So you want to have it pretty low,

one tenth of a second.

Steven, when you get your doji candles on the five minute after it closes, can

you kind of...

Did you sometimes maybe just put a box around the top and the bottom of the

wicks and then say the break of whatever that is, is a good way to sometime

analyze or how would you do that?

So for me, I mean, for me, it's easy on a five, five minutes are the key to just

about any trading really. I mean, yeah, totally.

What I would do is, you know, this is, this is such an important candle right

here only because of the location, right?

Doji's, you gotta know where doji's are important.

You know, you get doji's all over the place.

It's important.

Where they form, either at the top or at the bottom, is the biggest power for a

doji candle, right? On a five-minute, the most power you're ever going to have

is when it's near a top or near a bottom.

To show people, how do you know when a reversal is coming? That's how.

A lot of times, this doji, not anywhere in here, doesn't matter.

Key places here, and then if it was down here, it would be huge.

You know, saying reversal.

But I have to see this do something.

So, obviously, there's a...

You just saw an FBT come right there. So what would probably happen, and I'm not

going to say it's going to, but this is what I would look at. It would probably

touch this and then bounce back up.

Or it would come down here and go halfway down.

This to me would be a short. But I have to look at it. I have to see power. I

have to see it break this right here. It's got to come down and break it.

Even though we're in an uptrend, you can see we're still in an uptrend.

Everything is pointing up.

This is an important one. That's, you know, it's got to crush it though. It's

got to come down quick and there's no power right now.

Right.

So kind of doji is that key level of support of either like the previous high

or the low or really good ways to look at it. Those are how people say, well,

how do you know what the top and bottom is? A lot of times the power to get on a

five minute, it takes a lot to do this, a lot to change it.

That's why it's stuck here. See, it's just, it doesn't know what to do.

So I wouldn't, you know, I wouldn't have, I wouldn't trade this yet until it

breaks it. It's got to break it.

But you do have an FEG here and you have a big FEG here too. You do have these.

And you do have your, look at your VWAP. Your VWAP's flat. Kind of flattened.

Flattened. So for it to really move up, these really, and these are pointing up.

You can see they're both pointing up.

But it's just the action is so slow that it's very slow.

Yeah.

But I think the short potential is here. It's everything I said. I mean, you

know, you got the yesterday's high.

But, you know, there's just there's not a lot of conviction. If you notice

today, there's not a lot of conviction in any of the moves.

Yeah. Once you think there's a moment, it kind of reverses. Go ahead. They had

a question there.

Yeah. Can you show the indicators you're using on the five minute? Like, what is

the uptrend indicator and which VWAP are you are you using?

Okay, the uptrend is basically, that's a Maverick tool. Basically what that does

is that looks at a few different things on the Maverick stuff, which is like AI,

MIX, GD, TR, and BB. So it's going to look at, and I can show a chart on that

that shows, I mean, I can show it if you want.

Hold on one second.

Basically the uptrend is looking at the Maverick AI Pro. And so if it's showing

that it's in an uptrend on a, let's say a one minute, it's going to show

uptrend, which it is, it is uptrending. And you can see it, it's an uptrend.

But this is just the same that they have. So basically, if you have a flat

top, what they call a flat top, this thing either goes flat top, nothing, or

it goes down. So there's no in-between. It's either flat top, meaning this is an

uptrend from here on up, which is right.

So it's hard to actually trade against the uptrend. It is. I mean, I would look

at it and say it's hard to trade. And that's why I said, if it doesn't break

this, I wouldn't trade it. I mean, it's got to come with power and it didn't,

see?

So here it goes.

The up could be 550.

See, and that was power. You saw that move at what time?

1108. That was a beautiful move right there.

And it's all, it's just, like I said, that's why I wouldn't trade. It's all an

uptrend, and you had to see this crash down. It didn't do it. That's why I

wouldn't trade it.

So, Stephen, I was going to say something here real quick. I just want

everyone to kind of look at this again, kind of what I was saying a second ago.

Do you remember when we were saying on the five-minute timeframe, you look at

the eight EMA, right?

You see how price is above that? Look at the WaveRunner right when it turned to

green on the background.

that is you're in that is such a good spot where you're literally just taking

bigger analysis of a bigger time frame putting it down smaller and just

following that quick little trend you've got probably 5 10 15 points there where

if you're just scalping out those like a five point and then trailing you've got

movement there and just get in and out it that's it's so powerful because it

keeps you out of that red right so like you wouldn't take the short because on

the five minute all your candles are green you're only going to take the

green background and you're just scalping out I go trade after trade

after trade.

I love that, Steven.

That's, I love it, man. That's green, green.

So watch this. So watch this number. So the 550 would be key. It would usually

hit resistance at 550. You know, it's going to hit them at certain, certain

whole numbers, but 550 private assistance, you would get a pause and

then possibly down.

Now I'll tell you the trade I'd be looking at. I mean, honestly, I'd be

looking for me. This is just starting to move up. So you gotta be careful. It

could be a nice move up, but I would start looking to say, look how far down

at 414.

The issue I have, as I told you guys earlier, a lot of times into FOMC, the

market moves up, just like I said earlier.

A lot of times it will move up to the 12 o'clock hour and it's doing exactly

that. So I would be very careful. Today's an interesting day to trade.

And you're almost at your third deviation too.

The third deviation would be somewhere up here for sure. Yeah, because you're

already past your second.

So if you go 550, I would look at 550 and say, okay, what does it do? Does it

get rejected?

And if it gets rejected, if this...

If this doesn't follow it up quickly, the rejection will be hard and swift

down. But we'll see.

This has to move up. This has to point. There it goes. See that point? I would

not. That's a strong move up. I would not touch it until it comes down quick.

And that just changed because that's taking that candle into consideration.

So then this candle is huge.

Now, if this candle reverses and it goes red, I probably will take a trade here.

Because you're going to have some exhaustion here. I mean, look, this is

still flat.

The problem I have is my 100 is pointing up.

My 8 is definitely pointing up. My 21 is pointing up.

And there's a gap. But I mean, they are pointing up. They're not flat.

If they were flat, then I would tell you right now, if they were going flat, then

it's coming down.

But this is big. So this got to, what, 35 or so?

36?

You might have exhaustion here, but still, I would not. The trend is telling

you. The trend is up.

Everything's up. So do not go short yet.

I can show the Maverick. If you wanted me to show some of the Maverick, I could

do that.

The Maverick, I can just tell you, the Maverick right now is showing up, up,

up, and away is what it's showing.

That's what it's showing.

So on a normal day, let's say in the morning, say, how many trades would you

take? I know that's kind of hard to answer.

Good question.

That's a good question. I would, I mean, depending on the account, depending on

what, you know, I am honestly, I'm good with two, 250.

Now there's times where they make, you know, three, 4,000. I mean, but it

depends on like, like today, I already know what I'm going to do. I'm trading

after FOMC. I mean, it's a no brainer for me. I already know since it's

already 11 something, I probably won't trade till FOMC and I'll definitely

trade while he's talking, but I'm going to be very careful and I will take those

trades.

Because, you know, so what happens here is this will do this to about 12. Like I

said, it usually goes up to about 12.

Then things start to settle and people say, OK, what's going to happen? Well,

we all probably watch the news, right?

Today's one of those ones where it's a no win, right?

Do they move rates up? Maybe. Do they leave them the same?

Everyone knows that either way, the market could crash both ways, right? I

mean, you guys probably know this. If he raises rates, guess what that signals,

right? We got inflation, we got a problem.

If he doesn't, then guess what?

Maybe we have political issues.

Maybe we have stuff where we can't control inflation.

That's in the market. You could dump a thousand points today. I mean, we've

seen it before and it can do it. So be very careful.

I would tell you to be very, very careful today.

You know, after FOMC, be real careful of your accounts. But so here, the key is

if it breaks this halfway, a lot of people go in halfway. So if it breaks

this candle halfway, a lot of traders will say if it breaks it half, it's a

lot of power. They go in. I don't necessarily do that, but some people

will say 50% of the break of the next candle.

You know.

go in but if this was a smaller candle it'd be basically a bearish engulfing if

this was a much smaller candle it would engulf it it hasn't engulfed it but this

is a big candle so for me i see again here i'd wait because i don't see i

don't see down i don't see you know my stuff says uptrend right so if the

uptrend you know i can't go against what it says you know i can't go if this goes

to nothing

then it might say, well, that's a changing direction. I say, okay, well,

now all the bullishness is gone and maybe we get a huge move down. I don't

know. Right now, it doesn't look that way. I got to see what it closes.

I mean, it's a rough day. I kind of figured it would be a rough day. I

almost knew that it was going to be one of these type of days because they

usually are on FOMCs.

So what would you be looking for to trade?

Because you said you're going to be trading.

during the FOMC meeting?

Oh, I am for sure.

Yeah, I mean.

So like, what would you be looking for to?

Well, I'll tell you what I look for on FOMC. People will know this one anytime.

You get a huge move one way or another. So a huge move up.

And what happens is you wait until you see, you know, you can call it what you

want, John Wick, whatever.

You want to see something like this. Like you want to see a huge move up, way

up or a huge move down.

And then usually what happens at some point, if you can see where the bottom

is, you'll see where you'll get.

you know basically a doji so you would get and there's no there's no dojis here

really except for see this one right here see this doji this was a huge

candle this was green it went red and what did it do it went down here's a

reversal i i wouldn't say this is a good doji but this is a doji and it went up

so you always want to look at dojis on five minutes but it's got to be in key

spots see this is there's no doji there's no doji here the doji for here

See, there's no dojis. I mean, there's none that I would take.

See, this one was a doji right here, and then it reversed.

I don't like this. Are you regular candles or HA candles?

No, these are regular, but I do like the Heiken Ashi candles as well.

Smooths it out, I think. But see this right here? That's why you wouldn't

trade. I know people are saying, why isn't he trading?

You know, I can't give you guys a disservice and trade it because...

Now this is key. This breaks here.

And you just want to look at your volume. See these volumes here? They're

not the best.

You got a spike here, but this volume does show down.

So this uptrend is still in.

If this does break, this could be a nice move down to here is what I would target

first. I would target just, if it was me, I would target 15 points if it makes

the move, and then it's coming here, and then maybe a bounce up or a bounce

through it. And if it bounces through it, and these turn over it could be a

huge down but you know right now you can't go against the uptrend the uptrend

yeah i can't go against it at this point but this does look bearish if you look

at this this does look pretty bearish and if you look at let's look at let's

look at the this is saying this is starting to turn over too it's starting

to say okay we went from a transition this is a transition let's see

transition and now if you get some volume you get some power this looks

like it could dump

Yeah, that definitely could.

So you're over 50%. You're over 50% right there. But what you want is you

want conviction. You want to move. You want a strong move down right here. You

want that down.

It almost does look like it wants to. Let's see here. Let's watch here. This

might be interesting. It looks like if it's going to dump, it's going to hit

here first.

And if it doesn't, if it moves right through it, it's coming right here for

sure.

But it's just so slow.

There's not a lot of conviction today, and that's the problem.

Just another thought here real quick, you guys. If you guys look at the five

-minute time frame, do you see what color that candle is on the five-minute?

Look at the background on WaveRunner.

I'm telling you, red candle, red background, scalp it.

I'm just trying to simplify what Stephen's doing, too, just to put it in

terms like that. Go ahead, Stephen.

I know someone wants to see Maverick. Let me just throw you something real

quick.

I think you guys can see.

I do use SMM with some of the Maverick. This is Maverick. I'll get off Maverick,

but I do use Maverick.

And we'll get off that in a second. But you can see these traders are all

saying, look, it's starting to change over to red. So what that means is every

tick they're going, okay, this looks like a downtrend. Green candles up.

And when I mean green, I mean bright green. Light green means transition

over. If it goes gray, it means indecision. And then what a lot of times

happens, it will go gray, green, or it will go green, gray, red, pink.

This would say, okay, my grade. So right now there is no.

Right now I would say don't trade because there's not an A trade.

Although everything was pointing up a minute ago, it's not right now. These

are pointing up, but there's no grade.

ES was pointing up. It is, but there's no grade. So it's saying right now you

really wouldn't trade.

But if these go red real quick, if these go red, especially in the one, two, and

three, five minute real quick, then it's usually a good indication of a lot of

selling. But even right here, I wouldn't.

And here's my orb, right? So this orb is a beautiful trade. But right now, see,

you can't trade this. And there's no trend.

I mean, this is one of the hardest days to trade, to be honest with you.

Do I think it's going to come down? I do.

But that's thinking and doing are two different things. And then here, it's

breaking this, what they call the Maverick Guide.

A lot of times when it's below it, you go short.

So it looks like it's a short to me. And if it's a short, it's probably down to

here, probably to 464.

But, you know, I don't know that. It looks like it's going down. And so

you're starting to get more red come in.

But, you know, you want to see this flood of the red. You want to see it

fast red. You don't want to see these little, you know, this is every tick.

You don't want to see it flashing green.

I mean, what conviction do you have, right? There's no conviction. There's no

grade. What conviction do you have? It's just slop.

Honestly, I hate to say it. This is slop. Yeah, no, totally.

I mean, this is one of the worst days to trade. I mean, this is worse.

I haven't made a trade today.

And you can see, see, that's why I wouldn't have taken this. See, I don't

see where, you know, it's got to come in with conviction. There's no conviction

here. There's no grade A.

And all these mean is this is Maverick AI Pro. This is multi-X.

I think that's the Maverick guide trend, you know, bull bear. And then this is

what, you know, something they use. But, you know, this is something I use in

conjunction. And you can see, see, I was just stuck here. I wouldn't have traded

it. See, I wouldn't have taken that short, see, because there's no

conviction.

And this is a horrible day to trade. One of the worst days I've seen, to be

truthful.

And you can see even the SMM is saying the same thing. Look, what's there to

trade?

So on a good day, you take, whoops.

Excuse me, I apologize.

Would you mind going over on the five minute?

What you're looking for on the Bollinger, I mean, I know you're saying

when it looks like it's going down or whatever, but when you're scalping, do

you not pay much? I mean, do you kind of blow that off?

Okay, yeah. And so on scalping, good question. So on scalping, I want to see

what direction.

People say you have to have a bias. No, you don't.

You only have to have a short-term bias. You don't need a daily bias because

every time, how many people have done a daily bias and they're wrong, right?

It's true.

But here, short-term, I would say, I mean, it wouldn't take a grandmother to

read this and say, this looks like it's exhausted and it's going down, right?

You don't see anything going up.

There is no trend. Do I think it's going to come down? I do.

But do I, would I trade it? No, because I don't have conviction that it's coming

down.

But I'll tell you what, if it does, if it breaks this with power, it's coming

down, it's reversing.

you know this is flat as a pancake so the v-wap is down here but i need to see

the two the two keys are these i mean these are key i gotta see this price

come below the screen and then come down to wherever the red's gonna be at that

time and then when it breaks it it curls like it does yeah i call it curling so

curling is like this it curls and when price is below it it's downtrend price

is above it when it goes above it it cups it right here see on the five

minute cups it And it goes up. And it's basically like holding your hand. So

just think of it as a hand.

If the hand is holding you, it's going up. If it's below, it's going down. And

it works a lot.

So for me, on a five-minute, that's what I do. On a scalp, I just say, okay, it

looks like it's going down. On a scalp, I'd be like, it looks like it's going

down.

So I'd be looking for a down movement. But as you can see here, look at this. I

mean, this is horrible movement. I mean, it really is. This is really bad.

I mean, would you guys trade this?

I don't know if anyone's trading it. If you're trading right now, would you be

trading maybe the YM?

Now, the YM looks like a good short.

It does look like a good short.

I'd have to look at the five-minute, but that looks like it's a good short down

to here, probably.

Flat.

Yeah, unless you're scalping out quick little points.

The longer holds are brutal this morning.

I wouldn't trade it. I'm being truthful. I wouldn't trade it any trade.

today yet i i really you know and see here we go again look at look at these

look at this it's it's sloppy action see if i would have traded this just to

trade i'd be i'd be the loss right now i already know i would have went short and

i'd be the loss and i wouldn't like to show the people that trade because it's

not sometimes patience and i hate to you know patience is the key but the way

this is moving in my experience it's not good charting i mean it just isn't for

me

Because it's not moving.

Yeah.

I got one short in today there off that upper VWAP band, but that's a different

style and my edge was present. I had to sit here and wait to the last five

minutes to enter.

You took a small short?

Yes. Well, actually, let me see here.

See, right now it looks like it wants to move up. In my opinion, this looks like

it wants to move back up again. So you got to be careful. It looks like it

wants to go back up and test this again. So be careful here.

I took 32 points on one micro and then Q.

That's pretty good. 32 points is big. Well done. So just be careful here. It

looks like if you look at this here, you got an uptrend. It does look like it

wants to come back and maybe even test this.

But, you know, see, if I went short, I'd be in trouble.

If I went short just to show a trade and say, well, I know what I'm doing.

The part about knowing what I'm doing is I don't want to go against my dots that

are showing me that it's still an uptrend. This was an uptrend.

Nothing's telling me that it's going to come down. And this is a huge key area.

Now, if it breaks this, I'd say all day long, go down.

But it's just not.

Yeah, I mainly just wanted to show that, say that, because.

Different people do trade different ways. I don't mean to confuse people

here. But what it shows is I spoke earlier and said Stephen was showing us

great whatever because he was waiting to see when his edge was present. And I sat

here for 45 minutes before my edge showed it was present and

took it. So that's the most valuable lesson he's shown everyone today is

that. And he's walking through the process to show the patience and how

it's building. And when he sees ready to execute, he will execute.

And that is wonderful to see that live.

Thank you. And let me just tell you, it's going to make a big move. Everyone

knows. And see just what I told you guys. I thought this would go back up.

That's why I wouldn't have been in a short because I said the way it looks,

you can't go against what you see. A lot of times with people's minds, you want

to say, well, I'm going to do the opposite. I want to get in early on a

short. Don't do it. You know how many times I've tried that in the past and

lost a lot of money?

You're like, okay, I'm going to try short.

You have to be patient.

When you see a candle like this, this candle was not red.

It didn't show me that it was going to go red down. That's why I said be

careful. It looks like it wants to go up, and it is.

Do I think it's going to test here? You can see this starting to flatten out. I

think it's going to test this band.

Do I think this is going to go short? Yeah, I do. Eventually, do I think it's

going to come down? I'll just tell you the reasons why.

It's exhausted up here.

Your VWAP, look at it.

So do I think it wants to come down? Yes.

But do I know it's going to come down? No.

Do I think it's going to grab this fair value gap? Yes. Do I think it's going to

come below this? Yes. But, you know, that's just guessing.

I don't guess.

The other thing, too, you want to look at these WICs. These WICs are so

important. You know, people understand the WICs are so important. And a lot of

people say, well, the WICs are showing what direction? WICs showing that it's

up, right? WICs. WICs are showing down. So if you have big WICs, you're down,

right? So this WIC is showing up, right?

you know ate that red candle and look it's probably gonna go here and then if

it breaks that it's 250s where it's gonna go for sure that's why i wouldn't

have went short see i mean and i could have traded that i'd be in a loss see

malcolm do you have a question i see your hand up there for steven

well it was mainly for you uh

um justin so i'm looking at the Not trying to interrupt what Steve was

talking about.

Something just occurred that I had a question about on the EMS screen.

You see how it was going down red?

One of my strategies, not trying to put a strategy on anybody, and I'm mainly

asking for understanding.

What I do is I see it going down because the main thing I was taught was support

and resistance, and I'm trying to make sure I understand it properly. So it

looks like it's about... So I would have gotten in right here on this long

because it was coming towards the EMA and it looked like it lost momentum.

And I was thinking that I would, you know, just from my perspective, it

looked like it was about to, you know, hit a resistance mark and go back up. Is

that like the correct thinking about that? Because I feel like I'm still

trying to understand how to use support and resistance with, you know, while

also understanding how to use the EMA as well.

Can I give you a really quick, easy solution to all this? Yeah, yeah, yeah.

Go ahead. Go ahead. If you have a support and resistance on your chart,

right, and you have the lines going, wait for the support or resistance and

have the reversal doji turned on. And the first candle, so if you're coming

down to support, put on the reversal. The first doji that comes in the

opposite direction, have that as your entry, or it could be your entry, and

put your stop below the previous swing low or that support.

like on your chart, you can kind of see on, on Steven's there, we came down,

tested support. We got the doji to the long side and then it went back up.

Well, if your stop is just right below the, that low, you know, it's going to

go the other direction. Just get out of it.

But those doji candles, just like he's saying on the five minute timeframe on

big whole number level levels is the same thing on support and resistance.

And just look at that too.

Okay. Thank you so much. I appreciate that.

Totally, man.

Yeah, Ralph. I think that was Ralph there. Go ahead. How you doing, man?

Hey, Steve. Thanks. Great presentation.

The reversal or the continuation doji have been gold for me today.

Look at 1053. That was the one I took that made 20 points on. And I was very

patient. I didn't take the first one. But the second one, look what I got. I

got double arrows. I got my hook arrow.

And then I got the EMS arrow.

Also, I was above the Golden Brick Road, the Bollinger Band.

You can't lose that trade.

Yeah, I think you're talking about the green kind of bullish long within that

green patch there.

That's 1053.11.

I see exactly what you're looking at.

100%. That is such a good trade, man.

It is. It's got my dot in Doji.

It's got my dot set up. It's got my square and dot.

It's gotten raised gold in the brick road, crossing the Bollinger band.

If you have patience, that's what you have patience for.

That checks every box.

Totally. Because just like Ralph and Travis were saying, and Steven's like,

they've got their plans. They've got a game plan. We're in where it's like, if

you don't have three boxes checked before you enter that trade, you can't

take that trade.

Steven hasn't taken a trade because it doesn't check everything in his thing.

Perfect. That's exactly what we want to see.

Ralph took a trade. It fit everything.

It's getting close to take a trade, I'll tell you.

Yeah. If you're watching right here, just watch how many times this thing's

sitting up in here.

Right, right.

It doesn't take a rocket scientist to figure it's either going to go way up,

it's going to come crashing down. This is going to make a big move shortly,

hopefully, but it's going to make a big move. For me, I'm cautious because I

know what today is. Normally, I'd be done trading, but with FOMC.

You just don't know what you're going to get, but you know you're going to get

huge movement late in the day where I could capitalize.

So this is always tough. This always usually moves up to 12 or so.

So noon, you know, you got the Europeans on now, so you got to be careful.

But see, even right here, if you went short, you just can't. I mean, nothing

is saying to go short, right? And even though these are down, it doesn't

matter. What has to happen is this has to come below it, and then this has to

start curling.

And this is actually the only thing I would tell you right here. This is

starting to flatten out a little bit, meaning that that possibility is to come

down. See how it's flattened out a little bit?

Totally. So this would be the only thing I would say now is this could be a

possible short. If it breaks this, it needs a break with power. And you got

the SAR on top now. You got your SAR on the top saying down.

No trend, so it might be reversing down. And you need power. You need this to

come down real quick and break. That's what you need.

And see, and that's normal. And it would pause there normally, just like it would

in, you know, basically a VWAP. It's going to pause.

Sometimes it, you know, builds back up and all of a sudden it'll just go way

down. You know, it'll come right down quick, but then you have a FVG right

here. So probably tap that, go halfway. And then if it breaks it, then look out.

Big movements from there.

It's a rough day for sure.

Totally, totally.

Guys, what we'll do is have Steven and kind of on here for another 15 minutes

or so, 845.

And then we'll, we'll try to not go past nine o'clock if that's okay with all you

guys. But in the meantime, I'll stay out for the next five hours.

Oh, I know you would. I know you would brother.

And this is where, do you guys like the feedback that we're doing here? Do you

like these style of videos?

I want to know that feedback as well, because I, I love you do. Okay.

I just want to know. So one more thing, Justin, One more

thing, Justin, sorry.

I can't remember his name, the guy that wanted to show us the YM settings,

something that he was playing with.

That's me, Dave.

Let's do this then. Stephen, are you okay if we switch over real quick and I

have Dave do this and then we kind of wrap up today's call?

This is the input I need.

If this is how you want these Wednesday calls to go and have Steven on, I'd

actually, Ralph, I know your strategy is really good. I'd love to have you on and

kind of do analysis one day.

I think there's a lot of education that way to go forward.

So... Dave,

yeah, yeah, go ahead.

Since this was such a crazy day, a solid day, can Steven come back?

Totally, you guys. Absolutely. I love the idea of guest speakers on here and

showing what they're doing.

And if that's how we want to kind of cater these calls and stuff, that's how

I want to do it for you guys.

Absolutely, Steve, we'll be back on.

I have a couple other traders that I want to reach out to on here that have

done extremely well. I want them to show them what they're doing.

Hey, Justin, this is AJ.

Long time no see. My man!

AJ!

AJ! AJ's the...

The OG goat on here, my man. Where you been, AJ?

I've been in touch about just not coming into the room and stuff, but I've been

in touch with Justin, and then he's telling me about this system. So I

haven't traded in a couple of months, and then I said, okay, let me just try

his new system.

And to tell you the truth, I mean, I like it here. It's really nice. I used

to do Renko back about 10 years ago, and then I kind of... Perfected a little bit

from my perspective there. But the way he's doing it, I think it's really nice.

It's really good. And I learned a lot from him and also learning a lot from

Stephen today just by looking at how he's doing the trades and stuff. So good

to be back.

AJ, always a pleasure, brother. You are amazing, man. Check out the trade. Check

out the trade. I hate to interrupt. Check out the trade that I was talking

about that it hit the FBG. Actually, he's touching the FBG right now. Look at

that trade down.

Coming down into it. So it's doing exactly what I thought it would do. It

should touch this FBG. On mine, it's touching the FBG.

So be cognizant. If it breaks through with power, it's a down move. If it

doesn't, watch the move up if it's halfway.

Just be careful.

Brilliant. Dave, you got your screen up right now? Go ahead. Take it away.

Well, first off, thank you, Justin, Stephen, AJ.

I got to thank you, Ralph.

Everybody's got to come together with what I'm talking about.

Because as you know, I've been with you, Justin, since we started doing these

calls. Over a year and a half ago.

This all started with Steven, like, God, how long ago did you mention the YM?

Must have been a good, almost a year ago.

With, you know, the things that we've added from with, you know, AJs, with the

dojis and the reversals, and then Ralph, you know, I've always been an NQ

scalper. And, you know, Nick will tell you, that's how him and I got connected.

I've always been looking for ways to not always scalp.

And because, you know, when you take five points out of the market and it

goes another 75, you're always like, well, how do you get back in to get that

as a scalper? You don't. You just sit there and watch it. And then you're

always not aggravated, but always disappointed.

You're leaving all of that profit on the table.

But then you accept it being a scalper.

So the NASDAQ has been, as we all know, so wild and crazy the last, you know,

six months.

that it's very hard anyways to trade. I mean, it seems to be wicks on both sides

of candles, you know, 50-point drops every second.

You know, the volatility has been immense. So when we started talking YM

here, well, a month and a half, a month or so ago, I kind of looked at it. It's

like, how can I do this and not only scalp profit, but yet continue to

let runners run and work?

And first, I'm just showing you two charts.

Everybody's looking at the 16-4, which is what this chart is.

I actually have jumped up to the 24, and I'm going to flip back and forth for a

second. And they're both the same time frame.

You'll see, like, on this red move down, which is the one I'm going to refer to,

on the 16-4, you actually had a doji close above, which was a reversal,

continuation, above, and then reversal, continuation.

But when I jump to the 24, that smooths that out and gives me two wicks, which

I'll get to that in a minute, how I use them in the benefit of my continuation

part.

And what I'm doing, and I'd be more than glad to slow it down or say it again,

everything we've talked about from day one, I'm processing.

When we get a color change and a doji reversal, you know, I got the horror

arrow up there.

When I get the arrow and the reversal, I use this as, like, this is my put the

antenna up, something's about to happen bar. This is my information bar. It's

telling me the market is potentially wanting to reverse.

I then wait for the second candle to confirm that it's a reversal.

And then as soon as this candle closes, I enter with five micros.

And all I'm doing is I'm running, again, two.

go back to aj i'm putting a stop initial stop on my entry and i got right here ym

set up here's the thing it's a 40 tick stop the 100 100 point profit gets

pushed out of the way as we move down but this 40 point stop is only there on

the initial candle um should that candle immediately get in and reverse

i'm out for for 40 ticks on a point 40 tick stop But once the market starts

moving, I do a two-candle step down behind, every candle coming down with

five contracts now. So every step, it's $5 a step because it's four

points. What would that be?

I'm sorry, Stephen.

$10 a step because it's $25 a point, and we're doing four points at 20,

but we're doing it with five, so it's 10.

So each step down is $10.

When I get to a point, like, I'm going to turn the crosshairs down. Don't get

mad at me, David, because I hate them too. So like that, you follow my

crosshair left to right.

This small doji did not affect my stop, so I'm still in with five. It came down,

and it continued.

Now, when we get to this doji, which when you go back to the 16-minute chart,

that was a green reversal, close above, and it actually would have been.

Okay, reversal, nope, failure because you didn't get reversal with the

confirmation candle being second.

So go back to this.

As soon as I get a close or a tick above the two

-candle stop rule, I drop four contracts, I leave one on.

So if I'm going to take a full stop, which for me a full stop is a white dot

above the EMA right there or the haul that we have here.

like that candle there would be a full stop. Are you following me when I'm

saying? Yeah, above the Bollinger Band, White Dog closing this full stop.

So again, at this point right here, and let's use price, at $52

,097, I would drop four contracts off and leave one running.

This candle, it went all the way up to $52,106, but it never closed up there.

It then continued back down and closed here.

Immediately on the next bar opening, I had four contracts.

So now I'm back to five.

I've never been out of the trade. Yes, I took some drawdown.

I took massive, not massive, more on a singular micro than on all of them.

And then I continued on my way down the track with five, five, five, five, five.

We get to this point here again.

I dropped four.

I'm in this drawdown from here up to the top with one micro, all the way back to

the bottom with one micro.

When that bar closes with the dot at the bottom, the next one opens, wham, I

smack the mouse because I'll change the value after I get in on the trade, you

know, like over here down from five to four. This is a different, this is an

aftermarket chart trader.

It's not ninjas. That's why it looks different than everybody's. I use that

so I can have buy and sell orders.

Let me do it when I'm here. But anyways, I'm not at current time.

I'm back in the market. So how do you know to close the four contracts there?

How do you know that?

Well, again, if you use the two candles step back rule, which AJ introduced a

year and a half ago, a year or so ago, my stop is two candles behind current

price. Ah, yeah, yeah, yeah. And then you have one of it, you have it above.

right so this candle here let's just say this candle's forming none of this has

happened yet this is all history that we don't know but you know this this candle

opens and it comes up past this point which is the second doji or the second

candle behind i drop four contracts i just come over here hit you know you

know in this case sell market bang i hit close it closes four contracts it gives

me p l price i stay in the trade for with one micro for the rest of that

candle now if it closes here i'm out for the loss of that little bit of drawdown

on the four and a little bit of drawdown on the one but in this case it never

closed up there it came back down i re-entered the market with four we kept

coming down to here same thing the green candle is now where we're going to

finally be out of the market i dropped four of the contracts right here which

leaves me with one And then the last one gets taken out right there.

Now, you want to play the game. Not only is this the close of this candle, which,

you know, roughly that was, you know, we got in, you know, and you could do the

math on this with ins and outs. Half of that would be, what, $320?

So minus maybe $20 from the two that you took off and put back on.

So you're looking at, say, a $300 trade right there.

that that i stayed in the entire time really without taking massive amounts of

drawdown because i'm going in and out with contracts um now again you want to

play it tight not only is this your removal bar it's also your antenna up is

this a reversal bar for the next trade so i have the potential trade we got the

arrow here's the confirmation bar i'm in on this trade so i've been on this

straight from here here here here here it gets to here i drop one contract it

comes on i go to add but but there's nothing to add to it immediately falls

down and you're out with one contract and again you get a reversal

confirmation you never got you never got in on that trade because it opened on a

short then you got the reversal confirmation you're in you're in this

one here you would have got out with one stayed in and then back in that one you

never got stopped on And you come down all the way to the turn of the corner

and then got up. I'm not telling you to do it. I'm telling you to spend a few

days or a few hours and just back test it.

It's going to blow your mind. It's so simple. Thank you, Justin. It's so

stupid. But man, is it? And I got to thank Stephen, AJ, you, Ralph,

you know, Justin. Well, he's in here somewhere.

And Dr.

Nick, I mean, these are all things we talk about.

that i just keep putting in the bucket like a bucket of monkeys and i pull the

monkey out and all these different names around the monkey and it's like how am i

going to make these monkeys work today and this is all i do um and i'm finding

it very lucrative on this and the rty i haven't tried oil i definitely won't try

gold and and the nasdaq is it's not a question you can maybe try it on the es

but the nasdaq will rip you apart um and that's i'm tired of i'm tired of giving

back

profits on the nasdaq on a trade that you're in and it slams down and it goes

right back and they're like what the freak just happened you're out of the

market but you're still in the trade you should have been in um so and i like

your setting on here too dave of the 24 yeah it just seems to kind of smooth it

out a little bit it's kind of nice and we go back to like in this chop area uh

you know and you go to the jump to the 20 and this is the same chop area I

mean, it kind of like, this would have been, you can call it a small loss,

because that one there, it was your setup, your confirmation you were in, it

came down, and then that one would have whacked you.

Okay, you took a loss. But then immediately, the next, there's your,

well, your antenna's up, confirmation bar, you're in the market, and you're in

the market that whole trade. So the loss you just took is now replaced with a

$220 winner.

And you talk about that all the time on YouTube. All the time. I don't know how

the freaking idiots write the stupid shit they write on there because they're

idiots. But I don't mean to be rude to people writing stupid shit, but just do

the work, people. Do the work. I mean, you are giving us so much to work with,

Justin. So much to work with. And again, AJ, it goes back to you and the people

that weren't here a year ago, August. I'm sorry for that.

You changed the way I looked at all of this back then.

And it's continued to make me involved and stay active to where we are now. And

I've got a group of guys we trade with. I have a guy that sits next to me three

days a week, Brandon. This is all he trades.

He was a manufacturer engineer.

He ran a steel plant. He was the general manager.

And through history, you know, shit happens. New buyer, get let go.

What's the ATM?

I want to.

Learn to trade. And I said, look, there's this guy out there, Justin's got

the SMM. And granted, we weren't to this level a year ago.

But a year ago, August, he started doing just the, you know, trading off your

call outs, your flags.

And he's involved from that. I mean, he'll pass five, six e-mails in a day.

You know, taking payouts all the time.

And he doesn't know nothing but SMM. It's all he knows.

Yeah, kind of simplifies it for him. It's so simplified. It's like.

You've made the groundwork so easy for a beginner.

But let your imaginations go. Don't be like, this is what we've got to do. No,

it's not.

And if you like what Stephen's doing with that, or Dr. Nick mentioned that, I

forgot what it was even called because I wasn't focused on it, that other

indicator he's using.

Well, then figure out a way to add that to your trade. And you don't even have

to do what I'm saying here.

But if you take the time and walk through it, Even the small reversals.

And you'll start to learn, like Stephen said, your EMAs are flat. Just stay out.

Just stay out.

And I'll use the lower grid.

As you can see, you're overbought and oversold.

Oh, my God, we're starting to get overbought here.

We're going to get a reversal. And sure enough, we get a reversal.

If you want to wait for the cross, somebody had mentioned they wait for the

cross to here and get in the market.

There's so many good.

tidbits of information every session you do this.

Thank you for that. And all we need to do as traders is take notes.

And you give us the replay.

Take notes.

You know, I mean, there's a lot. And the reason why you got this, I got it as

well, because you switched contracts in the middle. This is price from the old

contract catching up to price from the current contract.

That's why you've got this big, massive bar.

I believe tomorrow when you come in and the market's had time to reset, when you

come to the YM, you'll see it, you know, from the beginning of the rollover. But

this is where you chose to roll over. That's why you see this big green line.

Thank you for adding that in. Thank you so much.

Yeah, we appreciate it. Thank you so much. Yeah, this was the old September

contract. I flipped it here, and this is where we look at the time. You know, 10

.30 when we were all doing that.

That's why you're getting that big green kaboonger.

Justin, can I say something to Dave? Sure.

Yeah. So what Dave's saying is 100% right.

You heard me say Wild Wild West.

Yeah. He's right. And if I can show my chart right now, it's exactly what I

said. Oh, yeah, I'm done, buddy. And again, thank you for everything. Because

if it wasn't for, you know, you talking about the YM a year ago, I wouldn't have

even.

You kill my chart. I can't see how to kill my chart. Well, no, I love that you

used the YM. I do think the YM, that's what I cut my teeth on. The YM, I think,

is the way to go for beginners, even for me.

But look at this.

So, Dave, man, excellent. I'm glad you're doing well. And stay on that YM.

You got it down pat. I am going to use.

Oh, shoot. Man, my machine just blinked out. I am going to use your new setting.

I like that, too.

The 24 is brilliant, dude. And I like your way that you enter in and waiting

for the confirmation second bar in trailing two back. And you'll, you'll

see in chop that that'll actually help you more than that.

That was a $10 per.

If you go with a five, you know, you can, your risk tolerance is you, but I,

I mean, I don't want to do a single lot mini because that, that destroys the

whole fact of taking off contracts to lose.

Lose the fact the need to put deodorant on during drawdown when you can take

drawdown with one micro and then get right back in with four micros and

continue on and never miss the whole move.

Totally. He's right. Look at this.

24 what? 24, 10, 24, 24. I do 24, 24, four, right?

No, it's 20 slash four.

Oh, and then do you mind? So you had 40 ticks, right?

40 ticks for your take profit?

My initial stop, when I click buy, my bracket's giving me a 40 tick stop

on that bar only.

Because the next bar that forms, I'm going two back and starting my process.

And then you had an eight plus four custom?

Yeah, all that is, it's an auto break even. That was something I was messing

with. So that would be when I go eight, eight.

Eight ticks in profit, it moves it plus four.

And again, pay no attention to that. That was just stuff I'm constantly

messing with stuff.

Okay. Do you manually move your stop?

Yes, sir.

Okay, I thought it was kind of a mental stop where you would pull off four.

I'm wondering how you work the four-in-one thing with the stops.

When you're taking one off.

When he's taking four off, rather.

Yeah, so I can't see my screen. If you put your DOM on contracts for the order

initial, you initiate the order with five contracts.

Okay?

And then you go up to your order quantity and drop one off to four.

And then from that point, you're going to follow price two candles back.

And if it crosses that two candle line, you...

You close out the trade four contracts.

So you're going long. You're going to sell four contracts, leaving one on.

And then if you don't get that $4 doji close or candle close above, you then

add four back when it continues in the bottom.

This will all be in the recording so you can watch it over and over. Let's do

this real quick, you guys, just to kind of sum things. Dave, if I can ask you

this question since we're all on here.

Would you mind being one of the guest speakers on here, kind of showing your

strategy on YM?

So let's get that book, Dave.

Let's get in contact after this.

Steve, you guys on timing here, I do need to wrap this up by nine. I got one

question on here from Ricky. I can see a hand, but Steven, if you can take it

away real quick on what you were going to go over and then Ricky, and then

let's close this up for the day. I just want to respect time, but this has been

amazing so far.

Go ahead. Just like what I said, if you guys remember, I said it would either

come down here, touch this, and then bounce right back. Look what it did.

And I said, I think I told you guys it would be 550.

Look what it went to.

Straight up to 550.

And so it is. Obviously, the algorithm filled it. So I'm just going to tell you

what I would look for now. But that's exactly what I said would happen. It

would either come here, bust through it. It would either come here. And then

remember I said it would either bounce back up, which it did.

550 target.

552 is not bad. I'm a little off.

What I would look for right here.

This is flat. See this right here? This line's flat.

I would look for this. This was a huge thing that's coming down. I would look

for it to be coming down.

But just be careful if you're going to trade.

But that's exactly what happened. It's interesting that it took a while, but

it's exactly happened before 12 o'clock. So I do think it's going to come down. I

think it's going to come down. It's going to crush through here.

But that's my opinion.

Only because there was a huge fill. Some big player was up here, took it right at

the 551, 552.

Interesting. Be careful trading the rest of the day.

Be careful. Yeah.

Well done, Steven. Thank you for the input this morning. You know, everyone

else on the call here as well.

Ricky, I see your hand up there. Yeah, I'll try to be really quick. First of

all, yes, I think these are so informative. I really appreciate them so

much. My request for some time in the future is for us that

can't really kind of sit and trade all day, the EMS, like what are people doing

strictly using EMS? Like YM and what are the ATM settings? Or RTY and what are

the ATM settings?

You know, some meeting eventually about just EMS and what charts and what ATM

settings. And then I was just going to tell you really quickly.

I'm the one that on the VPS, I put the old version, which is just the first OG.

And I was just doing the same, the 64, 16, with the 120 stop loss and the 120

take profit. For example, like overnight last night, it made $1,000 just in the

overnight session.

So I have found, but because you can leave it on, that old version, the first

OG, it just...

It takes trades overnight.

So again, I know you talked about in the new version, maybe making that reversal

doji be able to repeat. I just want to give you examples of what I've been

doing with the old version with the first doji.

And I've been doing that over and over. I think really I've only had one losing

day where that reverse doji, because of the 120 stop loss, it just hit a couple

of them and it was a loss. But overall, it's been profitable.

Ricky, that's amazing, man. I'm telling you guys that one little button was four

hours away of not going on it. And then I finally saw it. I'm like, I think this

might be the most powerful button on the whole system.

And I'm glad you're able to kind of test this out and do it and kind of be a

testimonial for it too. And yeah, that sucker is pretty good.

Yeah. I was telling you the same thing.

I used that reversal doji overnight.

I was tracking it for like, like three or four weeks.

I only had one losing night. Every morning I wake up, it's either like

five, six hundred or a thousand. And even the one time that it had the loss,

it recovered.

Right.

Man, that's insane.

Oh, my gosh. Well, I mean, there you go, you guys.

Reversal doji just.

But that's the question like you're going to go over, like what are the ATM

settings? And that's something we can do on a call as well.

So, guys.

Thank you. Dr.

David, I see it up here.

I got two minutes to answer a call here, and then we're going to be done at nine.

David, go ahead.

Yeah, I just got a real quick question.

No worries, man.

No, no.

Do you still use Replicanto as your trade copier?

So I use Replicanto.

What I'm seeing from a majority of people with Steven and others,

Affordable Indicator is the one to go for.

I would actually put my money on affordable over NinjaTrader at this

point. I just haven't made the change.

I haven't seen any issues myself.

But when you get into more accounts, affordable is where it's at, it seems

like. And you got to remember with Replicano, you got to buy a yearly

subscription or you don't get the updates.

So you're constantly buying.

Every year you got to buy a $35 or $39 maintenance fee or whatever they call

it.

Okay. Because I'm sort of new, and I guess the thing is I do have a Rhythmic

account, and I was trying to see what the gentleman was saying earlier.

That was me. You definitely want to be affordable with Rhythmic.

Okay. All right. And then do I need to do some kind of up something you said,

too, in addition to that?

No. Because what I don't like about that.

Oh, I'm sorry. Go ahead.

No, no. I'm sorry, David. Go ahead.

Oh, I was saying with Rhythmic, you can only trade, like, I lost an account

because they say you can only trade, like, one.

And I'm like, man, that's, that's crazy. Cause I get a couple of strategies I

would like to do different. And so, all right. So affordable indicators.

Take a long one and short the other and hedge yourself.

Yeah. It doesn't matter what firm you're with. You'll get whacked for that. Yep.

Okay. And then my last question was, do you know how to take off the take

profit? And it's maybe something you just chose later, but I have like a

bunch of take profit accounts.

So like, say if I blew them, they're still on my Ninja trader.

And it's like, really?

It's like 30 accounts. I can't figure out how to get them out of there. And I

try to delete them and say, you have to disconnect to delete it. But when you

disconnect, the accounts unpopulate.

Okay, let me write in and find that out.

Justin?

Go ahead, yeah.

Yeah, you go to their chat room and then tell the...

customer service to take all the disabled ones out and they do it and

they do it brilliant okay okay perfect thank you so much totally all right guys

we're wrapping up 859 on the dot thank you guys so much for being so respectful

for the questions and stuff here Let me just give a huge thank you to Steven for

being the guest speaker today and going over what you're doing. Thank you so

much. I will get together with a couple other ones and announce on Sunday who

the next guest speaker is going to be next week, if that's how you guys want

to kind of go forward with this.

David, if you want to reach out to me, Dr. Nick, other ones, Ralph, yourself,

all of you guys have brilliant minds that I want to be able to share this

success with.

I know it wasn't one of the best trading days with price action, but you know

what? Just as Travis has said, sometimes the best advice you can give is to not

trade when you don't have that perfect setup.

And the two people that end up having good success, what did they do? They

waited till their golden hour, their golden moment and made money on there.

So guys, thank you so much for being on this call. This is how I want to

continue to do these calls. If this is your first time on this call with me on

a Wednesday, thank you for being here.

Thank you.

When the registration link goes out on Sunday, as long as there's three or more

TPT accounts in active status, I do that because I don't want to see accounts

blown. I want you guys to be consistent, take advice that we're doing here.

And if you pass accounts, let me know on these calls too. I really want to give

you a shout out.

But thank you for being who you are, believing what I'm doing in this team

here.

You guys have an amazing rest of your week, and I will see you guys all next

Wednesday. Thank you, Justin. Thank you, Justin. Thank you.

Thank you, Justin. Thank you.

Thanks, Justin.

You're welcome, guys.

Absolutely. I'll get this recording sent out later today or early tomorrow.

Thanks, guys.