Making Sense Of Multi TimeFrame Trading: Plan, Trades, Logic with Tom B at the Traders Lab

today. Uh, this week, this stream is exclusively in the Bookmap Discord Trader Lab Discord. >> William says, "Scratch my VHV and long if you're watching this after the retest of 55 from the lower around 11 hours, 12 minutes, and 45 seconds." >> IBL target. Currently, you don't have to be a Bookmap subscriber. Uh, the stream is really about traders working with traders. Uh, Trader Lab is a group of >> CCM replied to William, "55 short was good ones." >> Nice. >> Trader Lab is about the business of trading, uh, building out trade plans, only engaging with market participants when you have a statistical edge that favors you. Uh, the outcome of any individual interaction with the other participants, or trade if you will, uh, is random. And we need to change, in my opinion, at least in experience, uh, change the way we relate to the market. Market is random. Gaming the outcome, gaming is random. So, what are we doing when we trade? We are sampling an edge. Now, an edge means over a random distribution of interactions or iterations, that if we have an edge and we actually wait for the edge and execute it per plan in a disciplined fashion, and we repeat this process that we have vetted, then over time we can extract dollars in this random environment and random distribution of outcomes. So, it's not about being right in the sense of win-lose, though I understand, and you do too, that we experience it that way. Of course, we all want to win. But, the way to win in trading is not the individual trade, it's the edge. So, ex- develop an edge, execute the edge, and if you actually have an edge, and you execute it per the plan, then over time, randomly, you extract the dollars from the other participants. It's not any more complicated than that. Now, the complexity of it is the randomness. So, we have to solve for randomness, not for being right. Right is the plan. So, that's the basis of Trade Algos differentiating our fantasy. Uh this is not a video game. It's just a business. So, losses are cost production and overhead. It's not a validation of your ego. And if you're sitting there needing something to do, then your mind is wired to seek a dopamine fix. You have to learn about the psychology, and not only the things you're conscious of, but what's working under the hood. And this is part of what the Trade Algos is built on. So, I hope uh if you're visiting in YouTube after the fact, remember, uh these streams, by the way, will be available, but 2 days after the fact this week. So, be aware. Now, the basis of this process is built on a hierarchy. The auction is really how the market works. Why does this market go up and down? And you're going to say you throw your hands up and you run out of the room. Uh really, it it's a function of figuring out pricing. What's too high, what's too low. The other element to this is the condition of the market. It's called context. Context is which side is out of balance. By out of balance, that means if the market, like today, if the market opens in a big gap, uh and there's shorts in the market, what might happen? Well, early on, you get continuation selling. What happens to the shorts that are in the market from early today and from yesterday, which we'll be going over in just a moment? Well, the potential is for them to get squeezed. That's called market mechanics. And so, trading is not really a mechanical process. You really have to understand how the market works, and how you can use that understanding to develop plan and edge and also accept the accept the randomness of it. So, we need to understand context and we need to identify this condition in multiple time frames. Um I'm always a little allergic to using the term time frame because in the auction time is an element, but that is not what the how the market works. It really works in a rotational process. Uh that is participant base. So, uh I understand we all learn the thing time frame and it's not that you can't use time or interpret it with time. But, when you're a day trader time is not the element, it's rotation. So, you can convert you can call it time to measure a rotation or you can just use rotational behavior that is not time based. Uh Bookmap's the order flow tool uh to see you might say under the hood uh to see all the elements that aren't visible to most other retail traders who don't understand order flow or have a high tier tool. Also, a reminder, there's a library of webinars, uh PDFs, a doc- document section, template uh for trade plan building and much, much more. Uh 60 of these of structured trades you can download if you choose and reverse engineer. There's no plug and play, so I don't want to disappoint you, but I have to disappoint you. You actually have to learn how to trade. That is [snorts] so there is no plug and play and it's not do what I do. We all trade different time frames or rotations. General disclosure, all Bookmap limited materials, information, and presentations are for educational purposes only and should not be considered specific investment advice or recommendations. Risk disclosure, trading futures, equities, and digital currencies involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Let's go now to the higher time frame. I like to start with this because this sets everything up for today. Isn't that interesting? So, let's look. Now, this is yesterday. Now, let's talk about this. This is Thursday before the long weekend. Market This is Tuesday uh June 23rd, 2026. So, we had June 10th on Friday. So, the market was closed. So, this is Monday's RTH. This is Thursday's RTH. And this is Wednesday. It was an FOMC day. And we did the Acapulco cliff dive. Now, couple things I'm going to talk to you about. I'm going to start a little bit short-term and then go to higher time frames. I'm a little bit different. Uh Buy stops are here, and the market is short here. Now, I'm just starting with market mechanics. Then, I'm going to go into what all of this might mean. And I'm always going to say maybe, cuz that's it. Maybe. Maybe it'll do this. Maybe it'll do that. Maybe nothing. Who knows? Buy stops are here. Buy stops are here. Buy stops are here. Let's remember that. This is the fair price, and I'm using the auction now. And I'm just going into this distribution of volume, which is from down here over here to the all-time high to here. So, this is an important level. Think of it like shopping. This is the auction. I'm not paying that. Yeah, you're out of here. Yeah, but this is too low. Notice what's here. Too low. What happened over here? Too low. Too low. What about here? Stops. So, sellers are here buy stops. Retail price. Rotation. Fair price. If it's becomes unfair, I go to another area. And you'll see why this how this works. Buy stops are here all time high. Who knows what happens to the shorts? I'm sorry, to longs that are in here. Sell stops. What happens to them? Hasta la vista. Thanks for playing. You get a coupon to the buffet. Double bottom and the ETH low was right here. We opened here on this day and it was the Acapulco cliff dive. Where we go over here? Back here. Where do we come out on the other side? Down here. New low. And the ETH low, I believe was either it was here or here on this day. Sets up the longs. Where do we come back? Back here. What happens to the shorts? Hasta la vista. You get a coupon. Buy stops. Buy stops. Now, let's look at this. What is this up here? This is another These are called micro composites. So, I'm breaking down the rotational behavior. This is now the high volume in here. Well, if we're doing the squeeze at area, in other words, all these shorts get blasted, you know, it's kind of like thanks for playing. Let's give them cocktails and a ticket to the buffet. And I come up and I know I have buy stops here. Buy stops there. These longs got trapped. Look at the opposite behavior. I have a gap from here to there and where it's too high. Now, I don't know where too high is until hindsight. What do I see here? I see sellers. And what do I know about this? I have a gap. What happens over here? Sellers. So, the longs now, right? Are potentially trapped. And where's my target? Back here. Notice how this works. Here to here. If it's too high, I leave. I come to this one. If this one's too low, I might come to this one, which we did in the ETH. Then I have my shorts. That's the fuel. I come back to this one. What happens here? I come back outside, back to this one. If it's too high, think shopping. Where do I come? Back to this one, back to this one. Now, let's look. Where do we go? We open down here. What happens? Where do we return? Back to this one. This is a higher time frame. This is before anything. Is everybody tracking? By the way, I'm looking at the chat on my phone. I have some computer elements here that are interesting going on here. So, let's take a look here. Just taking a look. Okay. Sorry, guys. I I'm just a little challenged here because of some uh issues. So, these are the levels that are important. So, for me today Uh now, I'm going to take show you trades I took today. Um my thing, you may find this a little challenging, is uh I took a couple longs today, but primarily my thesis for the day was shorts. So, in the morning, I took shorts. Then I anticipated a rebalance. All this is posted in Trade Lab. Once we had the rebalance, which means longs, I was looking for shorts. Again, uh this was my target for the longs. You might say, "Why didn't you get long?" Well, I just follow a plan. Not too smart. Just follow a plan. My plan is different than yours. My time frame is different than yours. Traders in Trader Lab took longs, so they had a great day. Me? I'm looking to take shorts. So, I pick a side that I perceive to be dominant. Just me. And I have to really be specific for you everybody who follows this stream and Trader Lab processes. Everything is generic in the sense of market mechanics. In other words, how does this thing work? We can figure that out. We cannot figure out how, if, when, where. But, with the auction, we can anticipate where and then wait for it. I always think of it like a bus. So, for me, shorts, squeeze, potential longs if it's in my plan, shorts out of here. So, I started selling up here. To get the longs. How does the market work? Market does what? Market goes up to go down, market goes down to go up, market goes up, and this is yesterday. This was such a nice day. Now, for yesterday, this is where This is Thursday. So, remember how this works. I've got shorts hanging out in here. This was a target. I gap higher on Thursday. I Don't forget I have shorts. I get selling early. Next thing. No, sorry. I get short covering on Thursday. We open, we go higher first, which squeezes and gets my longs in. And then, my shorts were up here, and it was for an outside day, which which means take the buy stops out here. And the interesting thing is the stops are up here, too. It's And it works like this. If this, then that. If then what? Here's the what. Because the longs that bought up in here become the sellers. Sell stops are under here. And now I have some what I have as sellers here. Longs here who become sellers. And then we close on the low, lower value area, fair price. Gap low. If I gap low and the gap they open was down here, now I have shorts and I can go the other way. And I can squeeze. So the squeeze was from here to here. And that's either I take this out and I potentially come back here which is unlikely given the gap. Or I sit here and if I'm taking longs I target this or I sell this. And that's me. Not you, me. Not saying it's a good plan. Just a plan. Is everybody with me? And again, I'm having a little trouble with the uh Discord in the sense of being able to look at the chat. I have to do it on my phone. Okay. Now, so here's what we have. ETH low. This is called a a low volume node 7410. It's an outside edge in a higher time frame. This is the last auction, the ETH, which is the fair price. So what do I know? Well, highest volume is here. I'm going to show you just a little bit more. The outside edge of the ETH was out here. In other words, if the high volume is here in the ETH then it's outside in. It's called mean reversion. So my trades were shorts at this point and I was looking for full session VWAP at the time and um and I don't remember if it was here or not. Can't remember. And um LVN this. So, if we came out here, my trade was to trade it back here and to potentially come further outside. So, but I was taking all shorts early. Now, again, in the trader lab, and this is not right wrong thing. We all have to get over this right wrong and I knew what was going to happen. Um I don't know what's going to happen, so I don't think about it. What I do know is what my trades are, I know when they qualify, I know when the condition changes in my time frame, and I just let it go at that. So, the first trades in here are short. Let me show them to you. Now, this trade is called a V POC migration trade. It's the most aggressive trade and it's the last place traders are to trade. It's as simple as that. So, let's let's start putting this one together. And the reason this is so hard, we're in here 20 seconds. This is why there is no time with this trade to process it. It's a unconscious competence trade type. Uh that's why you can learn to read the market, like speed reading. This this speed forces you to learn to read a language. This is too high. So, let's watch this behavior in a micro. I'm going to just show you something very advanced, but also and very nuanced. This is a sweep. Lovely. RTH open. It's a wonderful thing. What does a sweep say? Potentially higher. Now, it doesn't mean it says it's a order flow phenomena and maybe if we understand what it might mean, we can extract something from it. So, this now it's either this, right? Or this. If I break from this, right here, this is now resistance. Now, please remember, this is the micrometer out and this is not where you should trade. This is where you can learn uh to read. Uh the way I kind of look at this uh in my own development was language, uh foreign language. So, yeah, this is very foreign, but it is a language. All we're doing is reading participant behavior in a very short structural or time frame, if you will. So, let's look. If I find my sellers here, there's an iceberg, who knows, and I know from the ETH this is maybe uh by the way, has about an 80% probability, and this has about a 98% probability. I know if I sell this, I can run towards this, and I can run it towards this liquidity. So, that's why this is extremely aggressive. Now, there's a few ways to work it. Uh too high, no clue. New retail price, watch. Too low. Too high. New retail price, support. You see it? There. Where's resistance? Here. Here. Let's just mark these. I'm just showing you micro, and then I'm going to move along. Uh resistance. So, resistance, resistance. Support, break low, resistance, resistance. All these are shorts for me. This and then lower. Watch. Resistance. I'm going to take this selfie. I'm showing you micro structure. I'm showing you how to read. Mid VWAP, who knew? Who cares? Me? Not so much. I'm following the auction. This lagging it shows me the average position. You know, a VWAP is all the difference between this and this is this is the current high volume in the developing timeframe. This is the average of the volume. Sellers are in control here and sellers are in control. I can see it from different you know, different aspects of the behavior. When I come out here it can rotate. This is what we're looking for. 98% and uh we'll see after that. We'll let you know. Notice the resistance. So, all of these now this can be a short. Stop has to be outside. That can be a short. This can be a short. Stop can be and we're going I'm saying it can be. I'm not saying it is. I'm showing you the mechanics. You have to already know what you're going to do before the market even shows up. You're in here 20 seconds. So, if you didn't get any of these but you have your reference. This is the language. I know this is too high. I know that's too high and of course I have the opening swing high which has buy stops. Also, we know that the market is 100% short in the ETH uh the inventory. And what happens is when the market gets lopsided which it is now. So, let's think about the mechanics. I already know that the shorts who are here including me are going to potentially get squeezed. I already know where my next trade will be if that happens and I anticipate it will happen. So, my next trade is going to be here and the outside edge low volume. So, this is where I'm trying to go. I get the sweep. Now, this is a huge sweep. It's a buy sweep and depending on the behavior here, it's going to tell me what's next. Watch. So, sweep. The sweep suggests downside rotation. I want to stay under this sweep. Okay? So, here sweep suggests downside. I want to as they say want or need to get below here. I'm below the ETH low. I'm under this. I already know if I reverse, this is my next target up if I took a long, which I don't have on my plan at this point. Okay? So, I come down. I get below this. This now is where my buyers absorbed right here. You can see the icebergs and I know this is support because my buyers are here. I break low. So, now my sellers are in charge still and this becomes resistance. Just going to put a little line there. Now, as far as I know, it's going to go to zero. Watch. So, this is my trade you know, so basically just short here. V POC migration. Looking good, Lewis. What is this? Watch the process. By the way, if you have questions, I'm going to come up and take a look. Um I cannot monitor them here in real time at the moment, so I have to pause. And we'll pause right now. Okay, I don't see any questions, so let's keep going. Trade alert. If you have a question, post them. Uh, if you're in YouTube watching this after the fact, uh, use the link in there if you want to visit the Trade Alert community. Currently, you don't have to be a book This is resistance, okay? So, you see how I'm working with this resistance V POC migration. I'm not paying that. Oh. This is the language. So, what's the What are they saying? If the Think of this is shopping. If the high volume is here, and you notice as the market's going down, the volume is moving. That means that in Think of it like shopping. When I have a price, if it's too high, and I break away from it, and it's still too high, when I come back to it, I'm not paying that language. And now I shift down, it's showing me I have more volume here, which of course I did, right there. So, if I break low, now this is important. I have a sweep. This This sweep is the opposite of this. This suggests down, this one suggests up. V POC migration. This now, right here, I have to crossover, and if I don't cross, and I get this, I can go lower. So, right here is now resistance. New retail ranch. New fair price. Going to zero, isn't it? Now, for me, at this point, I'm only on shorts. That's what I'm doing. And I'm And remember, I'm conscious and in my plan for a squeeze. So, I'm not overstaying this. What I'm doing is I'm participating with the [clears throat] the sellers who will become the buyers. I already know that. Now, what I don't know is if, when, where, you know, right? Do you? I don't. So, I just align. Now, here's behavior. Let's look at the change in behavior. Resistance. Support. Butt sweep. Break low. Resistance. Sweep. Support. Sweep. Looking for this. I get that. So, this has lower. Now, I come into this. Now, let's look where resistance is. This is the first time you see me other than here crossing over. [snorts] Resistance is here. So. This is resistance. You can see why. I'm not paying it. Shopping. I come down. This is resistance. I'm not paying that. I come down. Absorption is here. No way to know until hindsight. This was too high. This was too high. Crossover here, the trade is over. Now. Next place for me was to take this and short it. And I have two locations for continuation shorts. Now, don't forget I'm already aware of the squeeze potential. Where is Yeah, up here. So, this is where So, I have this and this area to short. So, these I'm still looking that if I get short covering, that if these are weak buyers that I can rotate. All I'm looking to do is trade rotations. That's it. And up to my target, the target above is this. Which I pointed out at the top of the stream. So, I'm trading towards this. Uh which is where my short my actually the preferable location uh in that timeframe. But, I also trade rotation. So, I'm just going to tell you. That's all. That's just what I was doing. Now, the beauty of trading is other traders in Trade Lab uh took a long took longs. Uh for me, this is a cover. It was not a long. And you're going to go why didn't you do that? I'm going to say it's because I'm just following my plan. You know. I don't sweat the small stuff. You know what I mean? So, this Here's my sweep. I'm looking for a counter rotation. I break above. Now, let's look a little further. I location location, think real estate. That's kind of how I think. Location. So, I wait for locations. I have the sweep which says counter rotation. I push above it. Not so much. So, that means uh no. But, it's not at a location. I'm location oriented. This is the ETH fair price, high volume. It's the same as this, except this is in a developing timeframe or auction. And this is from the ETH the last auction. This one doesn't move around. It's fixed. What does it mean? This was the fair price. In different timeframes, I'm shopping. This is the fair price. It's too high. I break above it. Now, it becomes too low. This is the last place that was too high. I break above it. Now, I got your VWAP in mid here. And uh right here we can come there or there, but we do this. Here, break high. All of this says get out of dodge. Now, my plan remember is sellers in the morning, squeeze those sellers, get longs in, and then fade. My plan, your plan, get long, get short, trade the rotations, doesn't matter. There's not a right or wrong. You always Traders always say, you know, why did you do this? Why did you do that? I'm just saying it's just a plan and it's just edge. Doesn't matter. It's a time frame or rotationally based process. So, here is my location. Location, location, think real estate. Let's go a little further. I have a sweep. Now, this sweep suggests upside rotation. So, I'm at a location, the teeth start chattering. The teeth were chattering here, but then I was looking at this going, you know, you go FOMO kicks in. I don't want to miss it. You know, I don't want to miss it. Well, yeah, of course not. But what did we do? Where was my opening swing? Wasn't it like right in here? So, if I come out and take out the buy stops from those early sellers, and I don't get buyers above, and I come to a location, I can sell it. Now, I have a sweep here. This is another piece. Break high. And right here, as far as I know, I don't know. Of course, I never know. But let's look at what happens here. Buyers are here. Here's the delta. They're absorbed. So, I have buyers. Buyers are here. These guys are buying. Buyers are here. Sellers are there. Buyers absorb them. I come down. Buyers are still here. Going to the moon. What happened up here? Sellers are here. Sweep. So, I can isolate this and again, I have to stress location, location, location. Now, we were discussing triggers yesterday. What's a What makes a trigger? Is it just this? It is not. Where's the change in behavior? Notice the rotational change. This rotation is approximately, I don't know, 7 8 points. Where do you see What kind of rotation do you see over here? Uh I don't see one, do you? That indicates or suggests change. In fact, right here buyers are here, as far as I know, right? Break low. Nothing yet. Resistance. Right here, as far as I'm concerned, that I mean, by that, I mean north, cuz the high volume, this in the microstructure, let me show you micro. Look at the alignment. So, here's what I how I look at this. These little high volume areas are auctions. In other words, to high the two low is here. Cuz that's where the buyers were. Volume, looking for this. When I break this way, it now lets me know, and I can see it in the delta, too, but that these buyers got run over. Now, the longs that are in here are potentially vulnerable, okay? So, this is I took a short here. Stop here. And now I get VPOC migration. This creates a problem for me. I was trying to go here for what's called mean reversion. So, this is a reversion. I call it It's almost like a double reversion trade. Here's what it is. This is the mean from the ETH. This is a developing time frame mean. When it shifts higher, it says this is too low. So, I got a problem, right? So, this becomes very very critical for me. So, when this here, I'm now looking out here cuz this is an outside edge. So, the idea this trade to go from here to here. And then, you know, whatever. That's all it is. And I am looking still at the squeeze. Notice the behavior. So, what I did here, I got risk neutral. I was looking for the stops at the VWAP in the mid. I have to be very careful here because and here's my sweep and I'm looking for potentially to come back here. In here. So, I have this and this as uh locations. Just saying. So, uh anyway, I took the short. I got a scale. Uh this I got my migration. This becomes my resistance. This becomes my support. So, right here, resistance. So, I come up here, the teeth chatter again. I have to get below here. Doesn't do I get taken out. And notice where we go. Now, when we came back, notice where I come. So, short, scale, taken out, short against here again, scale, same trade, you know. So, I I'm taking the reversion trades and I find reversions a little more challenging because we never really know where the you know, it's two-sided trade. It's a different behavior. Same trade, scale, same This is support. See the support? Once I in sweep, break, and this is my target. V H V N right there. So, and then I'm looking, you know, with one more here to see what happens. This is support. You can kind of see it. Now, and I think I'm looking at this, you know, and I always say in hindsight, you know, you should have held it. Do you ever say that to yourself? Well, this is a structure trade for me. This is a reversion trade. So, the market's going reverting to the mean. This is called the mean cuz it's high volume. Mean reversion. The opposite trade is the same. Mean reversion. The problem, of course, is, you know, how far is it going to go? And right here is support, you see. So, just the way it is. So, you can sell this. You can sell this. And if it gets through here, now you have sell stops here, and you're looking at this, and next thing for me was down here. Didn't do it. Got taken out again, and that's fine. Trade's working. Now, once I get above here, it changes things around. Let's look. Why? Question. If this is resistance, see it? What happens? You've heard this thing about resistance becoming support. Sweep. This is a potential long against this. Notice what I'm doing. All I'm doing is if this is too high on the way up, I can sell it. If this is too low on the way down, it's a target. And either we break below and hold it and continue, or break above, and now if I can't get below this, and I'm above this one, then trouble. And then it's trade management or however you do it. Once you get above here, break high, you have the sweep. Now you have a sweep here, and this is where your resistance was, right? This can be a long or nothing. Now, I have another trade that I'm looking at out side, which I already spoke to you about. It's the LVN out here. This. Now, an outside edge, a low volume node, is where it's poorly auctioned in the ETH. And if you look over here, this also This is the full session. So, this has everything in here. But as we're coming up, you'll notice out here, there's the volume drops out right there, 118. So, this is where And you can kind of see the structure. And it goes like this. I'm not paying that. Fair price, overnight volume point of control, if you look to the right, and then too low. So, the idea of this trade is reversion. In other words, I'm trading multiple concepts or time frames of reversion trading. Reversion works a couple different ways. It can check high volume from both sides, and it's reversion. If the overnight VPOC is too high, I can go down. If I get above it, and it's too low, I can go up. And you're going, "Huh, brilliant." Now, the other part is, this is the outside edge And this was the fair price from the ETH. If I come out here, in this area, I can sell it to come back and revert. So, I'm trading reversion. I trade both sides, it doesn't matter. This is a long, or I'm just waiting for the short. Watch. Right here, I'm in my area and I'm looking for the short. Now, other traders are long. They got the better trade, personally, but I'm just following my plan. I don't really think much about it. So, this is my location. There's my liquidity. I get VPOC migration. Teether chattering again. This was too low. It's the last place. Now, I know I have another trade in Trader Land, so you know, called mid or VWAP the VPOC. So, I might I as far as I'm looking at it, I'm trading counter trend at the moment. I'm okay with that. Not saying anybody should, I just doesn't matter to me. Kind of work with it. So, here, this is a short for me. And it's because of this. And the goal is to come back around and now, since I'm counter trend, I'm only trying to come out here. So, it's this kind of a thing. And then, if I can get under here, I got more, but primarily, I'm just trying to come out. So, yeah, counter trend here. Took a stop, okay? So, that was very exciting. So, again, I come outside and I'm in the counter trend mode now. So, I know that any shorts I take up here now are high risk. This was the target for the longs, okay? Remember the top of the stream if you didn't see that. This was the target for the longs. So, uh I think, when I think about it, even though I took this, this is a plan trade, um and it just didn't work, you know. So, I I took a stop, you know, here. Now, I when I say take a stop, I mean the trade didn't work. Uh I always scale, but let's assume I just cuz that's all a matter of plan, you know. Where do you try to scale? Well, I was trying to come out here. Okay? Low volume. So, it was sell to come down. So, and there was decent range here. You know, really wasn't a terrible thing. I mean, I got risk neutral, but it didn't pay, you know. By the time the dust settles, you know, it's like my broker's going to send me a gift basket. So, now I come up again, and I'm seeing my sweeps, and I'm starting to stock the shorts in this area. Again, for the reversion. So, I'm trading reversion. Now, this gets tricky. Watch. Sweeps, location, location, location. Longs in the trade labyrinth are shooting up this for targeting up in here. I'm looking to get short. Now, I don't have a short. I'm looking to get short. Here's what Watch where where we are. I'm looking here. I have a sweep. I'm at my location. Sweeps, sweeps. Here, I took a short. It was And my st- my stop was here. And you know, so I got stopped out, full stop, okay? Now, I get another sweep, and I'm out here, and this is still a location. I I just put the trade on, you know, it does whatever it does, you know. Same trade. I mean, what's the difference between this with a stop here? That's how I do it. Not saying And good, I'm just saying it's what I do. I get the same trade here as this, okay? So, right here, it breaks, I have my sweep, I got my rotation. The downside rotation is larger. Now, this one, when I saw it, it looked, you know, it fit. But, when you look at the look at the downside rotation. So, I have to review this and say, well, maybe you know, you didn't quite do this right. Maybe, Tom, that was a little bit of FOMO. I think the trade is okay. But, notice the change. This one, we were talking triggers, right? Notice this rotation compared to this one. Now, they look pretty much the same, but the range of the rotation. So, I sold it here, and the better thing would have been to wait for the retracement, and I didn't. You know, I got in it here. It's not much difference, but notice the difference here. This is what's important. So, sold it again, stops up here. Trying to come across. Same trade. VPOC migration. Trouble, right, Tom? Trouble. Except, maybe not. So, you're going to find this strange, but for the most part, up until the stream, I was working the shorts. Too high. Support. Right here. See it? Watch. See the structure? So, too high, variable high volume node. So, short, shifts up, leaves chatter, resistance, break. This is another short or an ad. Shifts down, break. This is too high. Support. And then trade management. Watch. Too high. Support. Too high. VPOC migration. I'm going to make mark this. All these levels are relevant on the way back. If we come back there's a 98% probability to take out the first hour's higher or low. That makes me extremely uncomfortable. The first hour's 9:30 Central Time, but my comfort has nothing to do with my P&L. My comfort comes from conflict. So I have to just follow my do my thing. What does it say, calm? Too high, new retail price. Outside resistance. Break low. Look at the structure. Support. Resistance. Support. Resistance. Support. Resistance. Break low. What happens? Too high. What's next? Where's the last place? Out here. Where was the last place? This outside edge. So now it's just trade management, you know, trying to come here. There you are. So that's it for me. Try to come and here's the other I didn't Let's just make sure I got this right. Yeah, overnight VPOC. So coming back down, you're coming out here and you're coming back to this. I don't think we touched it, but that's the idea. That's the way the trade is built. Let me just And now, if you have questions, make sure they're in there. I'm going to stop and look. Sweep. So, this is resistance. This. Break low. Test. This is another way to use order flow. Outside edge, low volume area. Break low. Sweep. Notice the resistance here. Break low. This comes in no clue. Work in this. So, once you're over here, then finito. Bark a lounger. Let's get back Now, let's get over here and see what's going on. Let me look at at your questions. Uh Leo, is it Leo? Uh there's many streams on uh how to work the uh micro composites. I use swings, swing highs, swing lows, outside edges, and look where the In other words, what is an outside edge? You know, cuz it's a rotation. The market is a rotational process. It uh you know, it's going to It does this kind of stuff, you know, it goes too high, too low. And you notice how it keeps coming back. So, I'm always looking at extremes. Outside edge is there and an outside edge is up here. When I go down into shorter rotations like this, cuz of the change in behavior, then I'm going to start slicing it up into something shorter. This is an outside swing here. And that was the fair price up here, and it didn't get there. The language of the market says that's too high. When I go down in time frame, I'm doing the same thing here in a shorter time frame. That's too high. This is too low. Higher time frame, too high, too low. So, how do I create these? I mark them. And as the volume comes in, I'm looking at the distribution. When I go into the individual days, I'm looking at the profile of how it develops. This is today. This is yesterday. By the way, yesterday, you notice we had the squeeze in the morning. Take the shorts out that have their stops here from Thursday. They're out. Thanks for playing. Coupon to the buffet. And then outside day, and this sets up the continuation shorts for today. So, the longs are in here. Hasta la vista. Thanks for playing. And then we get our uh gap here. Trapped the shorts. Rebalanced the inventory. Come back to the primary fair price, 82. And that that sets up your shorts. No precision. You know, it's like uh where? So, me, pick a side, you know, it doesn't matter. This is the thing about trading, you know, um there's not a right or wrong. There is edge. So, uh and this is always an interesting conversation in the trader lab is other traders are getting long, and they're totally committed to the long side, I'll be getting short. They'll have a great morning. I'll take stops. And then I always have to say, well, could I have done it better? Uh if I follow my plan, I can't do it better. Uh I can always change my plan if for some reason I don't have an edge, but I do. So, I have an edge in this. And for me, it's shorts. Now, that's not a recommendation. Other traders are going to be using this for longs. And then you're going to say, which is right? I'm going to give you the the truth. There is The only thing right is why might this be a short? You see, do you know why I might take a short? And do you know why you might take a long? Both are are correct here. If you know why and you have it vetted. I know this is seems complex, contradictory, doesn't it? Where did I get the micro composite V POC glitch at 7482? Okay, let's take a look. Right here. From here. Taking all the volume in from all-time high to this key test. Remember, this was tested in the ETH. It's too low. That So, if I'm I'm trading reversion, and primarily the market reverts, that means it goes and checks pricing. This is where the the sellers got trapped, and it created this. This is where the buyers got trapped, so we squeezed out the sellers, and now we came back here. So, to answer your question, I have this is too high. In this whole thing, cuz I'm breaking it down, this is the fair price. Notice, this is called mean reversion. So, if this is too high, I can come This is a reversion, also. I'm checking this price. I'm not paying that, I'm out of here. Where do I go? Back to this one. Is this one too low? Well, I can bounce up, but what I know, and this is what I was discussing the past few days and in the streams and Trader Land, this is too high. Well, if I know what might be too high, and I fail to get the stops here, or squeeze these guys out, and I know I got this thing going, I got buy stops above here. I got them. If I can't get buyers above here, then what? I got a gap, and I can fill this gap. Now, I get my shorts back to here. And so, this is why this price is material. Then what? If I can't get here, let me add one other piece here for you. These yellow lines are the RTH high volume. It's the same as these, except this is higher time frame. This takes all the volume in here, and then individually, the bright yellow line is the highest volume for that RTH session. So, too high, and then I go up in time frame, too high. This, no clue. As far as I know, going to might go there. Remember, might maybe's the best you have. And if I don't get there, then I'm looking at it to go here. What do I get? Too high, sellers. This sets up your shorts. This sets up your shorts. That's your target. Now what? Squeeze on Thursday. I got shorts in here. They become buyers. I have shorts in here. They become buyers. I have buy stops here, buy stops there, and that's too high. Come up, get the longs trapped in the morning. No idea whether or not we're going to get the buy stops there and check there cuz those are viable targets. If not, then get them, get them, and come out. If I come out, the plan and this was an outside edge down here, by the way, was to come out, come back. If I come back, I can look at this. I can sell it for counter rotations. Or I can come back into this. Whatever, it doesn't matter. So, I'm just trading, you know, shorts in the morning, squeeze, shorts out here, a longer one or two longs along the way here, but you know. And that was it for me, you know. So, it's been a good morning. With with a few stops thrown in there just for good measure. Anyway, I hope that answered your question. Uh Glitch, does that answer the question on the 7482 micro composite V POC? The volatility, Louisa, what's the question about the volatility? Uh Uh, I'm going to look up here. I don't see it. Stephen, can you please put a link also in here? Uh, actually never mind about the link. I'm just looking here. Yeah, I don't see the question about volatility. Will you want to repost that for me? You have the question of volatility, so I don't see it. Just throw it back in there. And welcome to Trader Lab. I haven't seen you here before. By the way, if you're new to Trader Lab, welcome. Uh, Trader Lab is about the business of trading. It's open to everyone. Currently, you don't have to be a Bookmap subscriber. You do have to confirm your Discord username to make sure you're not a spam alert. Uh, not interested in that. Also, just be advised Trader Lab is not Romper Room. It's really serious. So, uh, it's not a trade calling room. Doesn't do you any good to take my trades or I take my stops. You take them, I take them. Doesn't bother me. Um, a little bit of annoyance, but it it's just part of the random sampling of the market. So, I don't experience it like I used to. I don't think of trading in the terms of P&L. I think of trading in terms of edge. So, uh, I just know when I put a trade on, it it has a likelihood of a stop or a gain. Now, you're going to say that's brilliant. No, it's not that. The likelihood is about a statistical probability. It's not a predictability. And this is where most retail traders never mature in the business uh, because it's all about P&L. I don't trade my P&L. I just trade my plan. P&L's the outcome. You know, uh, the plan is what creates it. And my execution. And, uh, my discipline. And, uh, nobody wins every day. If you think that's that's what's going to happen, that's not realistic. And why why would you not have winning days some days? Here's why. Your plan is vetted to sample the market. If it's vetted, and hopefully if it's not vetted, you're just playing a video game, and that's fine, but that doesn't create sustainability. So, if we have an edge, we know that the distribution is random. Your trade plan and the condition of the market are not always going to be in sync. The other part is that the market transitions, and we don't recognize transition until hindsight or a way of defining it. Uh I use a very simple process. It's a conditional statement. It's if this, then that. If not, then what? If this is too high, if this, then rotation, then that. If it gets above here, then what? Then I can continue more into this gap, which may or may not happen. Doesn't matter. So, I can go, if this is too high, then reversion, then that. If And then I can just rotate. I'm not looking for it to take out the low of the day. So, and there's a 98% probability of taking out the either the first hour. It's called the IB uh stat, IB high or low. First hour's low, first hour's high is up above here. Probability favors this. The obstacle is this. So, if I can get above here, and I have shorts. Another way Remember how this works. I got shorts in here. I have the gap. I got shorts down here. They got squeezed. That sets up this. If this is too high, I counter rotate. 98% probability take out first hour's high or low, and the shorts that sold out of here, like me, um now have buy stops above here with a 98% probability to take this out. Now, whether or not it does that, not my not my job. My job's alignment, not prediction. So, for this, since we're returning here, and we have shorts, we now have our fuel and it doesn't have to do this. If we don't get back out here and stay above this, then we can start rotating in here. If we come back up, then either and not necessarily today, but it's not my job, we can come back and fill this gap and come back here. So, I already have my targeting. I have this and eventually, not necessarily, you know, not not necessarily ever, I have the gap here and I have this. So, if I have shorts, we can squeeze them. And if I run out of buyers, then I can rotate. That's what I know. So, let's see what it does. And what is the volatility question? When you say volatility is 90%, what do you what are you referring to? Oh, you're in options. Okay, okay, okay. Got you. Well, if it's volatility decay, I don't know, you know, is it in the money, a little out of the money, what are you doing? I mean, options are kind of a different animal, you know, but if you're trading something that's expiring, you know, >> [clears throat] >> uh and you don't have any time in the thing, um you're always It's like sitting in a cab stuck in traffic in Midtown Manhattan, the meter's running. But I can't give specific information on how you would trade that specific option. Um I think options are fine. Um if you are trading larger rotations. But I don't focus on options here. I I focus on market timing. Um and understanding market mechanics. But you can adapt this to any timeframe, which is I always say. So if you want to trade options, you're basically going to potentially uh and I really I'm out of my area that I want to focus on. Uh you can swing trade those things. But you got to have enough time in them, you know? So if you're trading the zeroed uh you know, options and all that, zero DTEs, um that's another thing, you know? Swing trading needs time. If you're going to use options for day trading, um you know, uh it's just another way to skin the cat, no offense to cats. Um I used to uh use expire I used to trade expiring options. Uh back in the you know, when they'd be back maybe the last one week to go or a couple days, I would use those to trade the S&Ps. So they this is back when it was the big S&Ps. And uh and cuz a stop buying the option could be higher leverage and lower risk. Uh and I would buy them. So it just means less risk, more leverage. And I was don't forget I would I was always thinking this way to trap the other side, especially when we were going into expiration. But those were quarterlies. So I I don't trade that anymore. Uh but I did it for a long time. But only the expiring ones. So you guys have different kind of option structures now. You know, that's a good question for uh Doug Plus. Uh Uh, I don't know if you watch his stream. he does options, he comes on after me somewhere. Uh, you can check the schedule. Maybe Stephen you can, uh, put a link to that in the, the Discord chat for those who are interested in, uh, how to deploy options. And you can ask him questions on, you know, how to, how to do that. Yeah, Justin, you like the taxi analogy. Yeah. Um, Yeah, that's how I used to think of options. I'm stuck in traffic, time decay. You know, not moving. What's happening? The meter's running. And by the way, I was not a, um, I was prime, I would primarily buy the options. I was not, I would not write them. I also, when I was trip positioning futures, I would use options for risk management. But that's a whole different, you know, it's a whole different conversation and it's not really, uh, suited for, uh, Trade Alchemist. Chris is asking, do I believe the market is efficient? Yeah, I do. Efficiency really is involving everybody in there. Uh, it's very efficient, I think, cuz it's the truth. The market is the truth of the current perception of value. And the purpose of the market is to figure out what this thing is worth. By the way, what's here? So, what are we, what are we doing here? Great question. Um, this is a multi, this is very multi, multi-distributed here. So, it's not, it's contested. Now, are we in a bull market? Here's the great question for this astute group of traders. Well, let's say maybe we are. What does that have to do with day trading? Investors, bull market. Traders, both sides, different. Thanks, Stephen. So, this is too high. This is support. I can do something with this. Now, the question I have for you, do you want to be long or short? Which trader is right, long or short? So, for me, the last thing was short. You know, now, nothing, cuz I'm in the Barca lounger with you. But, this was the outside. You can kind of see how this might work. Right? Now, this is now your area of support. This. So, if this is outside, then this is outside the other way. This is now resistance. If I break above, might this become support? And is this resistance? Look at the liquidity. Now, I'm not suggesting anybody trade any of this. I'm just showing you structure. You, when I mean you, the collective you, need to understand how the market works, where you might get behavior, and why. Why? You need to be able to answer why. Why is this resistance? Why is that support? What is happening here? Outside is here. Outside edge. I'm not paying it. Fair price, mean reversion. Outside edge is out here. So, it can do this kind of thing. And you're actually isolating up this behavior. What we know is too high too high too high break high too high too low. So, we're trading this thing right here and now. Now, I This is not how I trade. I use these as locations, but that doesn't matter. I'm more of a um and I always like to bring this up. It's not it's your trades, it's not my trades. I'm going to show you and share with you market mechanics. The adjustment you make is to the rotations you trade. Um when I if I sell this as an example, I know that's where my buyers were. You see them? So, what might happen if the I know the buyers are here. I might get my buyers here. I get the sweep and I break high. Now, I know my sellers are there. I can work this right here. My scale can be there. My short can be here. My scale can be there. Break low. I can This is a trade management structure and so is that. Break low. Support resistance. Just look at the structure. Support resistance. Uh break low resistance. All right. Support is down here. This thing. Where's resistance? Here. What happens here? Break high. What does resistance become? Support. Where's my other resistance? It's here. So, I know if I'm going to get long, I got [snorts] to deal with this. I know if I want to stay short, I got to deal with this. That's what I know. That's all I know. I don't need to know anything else. You see? And and then it's just wrote I was starting to say I trade large rotations. Other traders are going to be jumping around through all of this. I don't. Um for me when I take a stop and I take them like everybody else, you got a overhead and cost of production. It's not so material because when I'm putting risk on, I'm not I put an almost an equal risk on depending and then it's adjusted for the number of contracts. But let's just assume uh a minimum two lot configuration. Job of the first contract to get risk neutral, which would be here if you sold this and then hold it and manage it per plan. And cuz for me I'm looking at this. That pays for the probes as I think of them. So when I'm putting the trade on as long as I'm following my plan and I'm in alignment despite of the stops which I'm going to take, um that's okay because when things work out, I get this. When I put a trade on, let's just say here which is not a trade for me. Um cuz this is support. Um then I got to go there. I already know it. I don't know if it'll get there. Now what happens if I sell this? I don't get there, but I already rejected it. You see? If I test the location and I don't get under it, what does it tell me? Too low. Then what? What was too high? Here. What's above here? Buy stops, buy stops and the next level of resistance. And where is it? Here. Let me look at your questions again. Hope we're doing okay, guys. I hope you're getting something out of this. This is Trader Lab. Yeah, buy low, sell high. >> Thanks for posting that, Steven. So, Chris, yeah, I believe it uh market is efficient. Um what happens though if the market gets out of balance in a direction um then in other words, it gets lopsided. The same reason we have rotations in all time frames is the reason it's all the same. That's why this is all happening here. Goes down to go up, goes up to go down, goes down to go up, and then uh you know, whatever. I do think if since we got shorts and now we're coming back, that this is vulnerable. Um the longs So, you could trade either side here, you know, I just do whatever. I don't like to really discuss too much uh because I don't want traders to overtrade. Uh but um I try to take less trades, more range. Uh less trades means less risk if you if depending how you look at it. So, I think about it like, well, if I'm going to risk mm 4 points, 5 points, you know, whatever it is in this volatility and rotation, then I'm looking for larger rotations. So, when I get stopped out, um or scaled and scratch, you know, which that happens more often than the stops, but you know, everybody takes them. Um I'm still looking for the bigger rotation. This is telling me that we're in a two-sided trade, and this is the key. Uh if I can I can still come back above here, I have a high probability of taking out either the first hour's high or low. That status still open. Now, it doesn't have to, you know, it can just stay inside, but I would say considering what we did here, we opened, we got the stops out, and we have the shorts in here, we are This is basically we're rotating back. This is the interesting area. Right here. This is the attractor. It's like an attractor beam and it's sitting over here. That's what you're looking at. So, and that IB, which is the first hour's high, has about a 98% probability. Nothing says we won't come out, come back, or just keep going. We got a gap, right? So, this is where the stops are. Right here. So, what do we know? Well, too low. What about this one? Too high. Too low. Break high, too high. Too low. Get above this, where's the next one? Here, and then what? Here. You can put this together structurally and narrate it, and it goes like this. If this is too high, that's too high, then that. If that's too low, then that. If this is too high, then that. If I don't clear this, so if this, then that. If I don't go below, then what? Then back here. If I do break below, here, then what? Then down to the next one. If I don't get down here, if this, then that area. If not, it's not if it is too low, so we're not going lower, then what? Then reversal. Where's the next place? Here. If this is too low, then what? Then that. If that's too high, then what? Then that. If I get below here, then what? Lower. Out to here. If not, then what? Then that. If I get over there, then what? So, I have this to there and I have if I clear to there. So, I can just manage my trade and where is the higher time frame volume point of control? Volume point of control is the same as this yellow line. So, this is developing and you can see where it is right now. It's sitting here. This is the highest volume. And in the intermediate time frame, that's the same thing. Except it's higher time frame. So, when I'm trading inside of these, it's a vertical integration of time frames. Uh visually or psychologically, uh think of this like uh Matryoshka dolls. They're inside each other. So, when we think multiple time frames, we're actually thinking multiple auctions. So, all these levels are relevant in different time frames. So, we start out in micro, which is the shortest time frame for triggers. Then they look like those. Now, remember the catch-22 with the trigger is you need a true reversal, like this one. This one is the uh what are you doing? Moment, you know. Uh break high, go into the moon, sweep, runs into liquidity. It could either break high, hold, keep going, break low, and now the rotation. This is what sets you short up. See? And to there. So, you could kind of see all this structure, can't you? Can you guys see the structure? And how you might use the structure. That's Now, we don't know what'll happen. But, I think if you think a in a different way, you can think in the sense of how the market works. Hold on a second, guys. I'm just making some adjustments here. Actually, I got to make another adjustment. One moment. See how this works. Making some adjustments in the Investor RT, so we can see HVNs and LVNs in here. You'll see this now when it comes up. Notice the resistance. Now, so you need to understand is this is not mechanical. You know, there's a line on a chart. How many of you have drawn lines on the chart and you still have those tire marks on your back? So, I draw these because they represent participant behavior here. High [snorts] volume. What is high volume? It's the same as this, except this is for the full session and these are I'm breaking it down into I'm not paying that. Yeah, Tom, but it's on sale. High volume. If I I come up to a level and I have my liquidity, I have my sweep, and I break and I break, I can this now it's too high in the short time frame as you think of it. It's right there. I can be selling this. Not a recommendation. I know my outside edges there. My high volume is there. I can sell. These are not trade recommendations. I can sell this. And all I'm trying to do is come back here. To get under here. Or to come here. VWAP and all that. And then you got met. These are structured trades. Now, the thing to understand is the fact that this is here doesn't mean anything. What it means is if you are trying to work a reversion. And you got to remember, stops are up above here. So, how do you operate in this? This is where time frame and plan come in. This might not be your trade. Some other trader may take a short here. The has everything for the short. Uh Where What is the condition of the market? Let's come back. We're looking at this. So, time frame determines if this is a trade you can take. Other traders are going to be long. And they're sitting in their Barca loungers looking for this. 98% probability. Past performance not indicative of future results. Other traders are going to sell this. Which trader are you? Kind of complicated, don't you think? Doesn't it create conflict within yourself? What should you do? Hm? Versus ask me, what do I say to people saying there's impossible to have an edge in an efficient market? Um No, no, no. If you're >> [laughter] >> Efficiency has a lot to do with uh depth. This market is the most has the largest depth, I think. Maybe bonds. I don't remember. I used to trade bonds, you know. But, this is where most of the action is. And and in the options now. But, uh it is efficient. But, we're trading rotations. Edge is created on rotational behavior. Is there an edge here? Go there. Do you think there's an edge here? How many points is this? Is this enough to qualify? I trade this. I'm not saying it's a good idea. Other trade Now, here's an interesting thing for you. You know, just to keep it interesting. This is a short for me, and it's absolutely not a recommendation. And I'm only looking to get risk neutral. And maybe come out here and pick stops. These This is a rotational trading uh process. I know the longs in here have stops there. So, if I'm trading a short, I'm trading into what I call fuel, which is under here. And this. No. No. And then, what you're trying to do with this, maybe, is trade this kind of a thing. And that's all the trade is. It's just like there to there. Or down here. I mean, it could do anything. So, it's Get your trade on. Uh get risk neutral. And then manage the trade and scratch it or whatever it does it does. Or you get stopped or whatever it does. The first key to this whole thing is risk neutral. And then, we may pick these guys off, the VWAP and the may because longs trail their stops. Write this down. Think like a retail trader. Don't act like one. >> Yeah, the efficient market thing is really not material to trading. Not as far as I'm concerned. We trade rotations and we need to be thinking about where the other side is in all time frames. Where is the other side? Well, we got longs. What about the weak side? Well, the weak longs micromanage and their P&L are in it. Where is their stops? They all pile them in the same place, which would be here and under here. So, if I can get back here, that's okay. Um if I take a short, I get risk neutral and then if I get taken out, I get taken out. Notice this is pulling. So, that might take the lid off the pot and then it comes back. It's just a trade, doesn't matter. But as far as the efficiency of the market goes, if you're saying it's a zero-sum game or something, yeah, it is ultimately cuz for every buyer there's a seller. But we're trading edge. So, I mean, you could be in markets uh that are not as efficient, that are thinner, uh but the behavior is the same. It's just you're going to have uh trouble uh with fills and slippage. That's primarily and they're like gold or uh NQ. I was a high-volume NQ trader for many years and uh high-volume. So, uh different, you know. But um and that's thin. So, when I think of a market, um all markets really it's the depth of the market that you need. Uh you know, for more efficiency and risk management. When you get into thin markets, you don't your risk really you're kind of subject to where that liquidity is sitting. In ES, it's the most liquid market. So, that one gives you better risk management. Now, risk is always an issue, but how many times have you traded like gold or you know, any of these? I can't even remember anymore cuz I used to trade everything, you know, but orange juice, you know, coffee, ridiculous things, you know, and some of those not only huge gaps, but um thin. So, you could put a stop somewhere and they'll call you next week. So, that's part it has to be part of the your vetting process. Trading is generic in the sense of how the market works. You need to adjust to a market, I think, being a market that aligns with you psychologically. Um and that's really the key. Does the ES align with you? Does the NQ? What about gold? Do you want to trade crude? Good market, thinner, different behaviors. You have to understand the nuance, the depth, the risk management, do your job that So, this thing, what are we looking for here? We're only trading this right now. Do you see this? That's what we're actually trading right here. The market is short, the stops are here. Shorts are pretty much subway purse snatching. Up to you. Or you're not taking a short, you're with some other traders in Trader Lab who are long, right? Which one is right? For you. >> How we doing, guys? Everybody tracking? I see I'm having some sound issues again. Uh in YouTube. Not sure what that's all about. Sorry about that, guys. Um Something keeps changing in the OBS. So, YouTube, if you guys are hearing this later and there's sound issues, we're working on it. We thought we had it straightened out. So, let's watch this behavior. I got about 3 minutes. Final questions. And remember, this is exclusively this week Discord only. Uh YouTube will be posted several days later. Um if you're visiting in YouTube after the fact, if you want to become part of the Trader Lab community, there's no cost for it. You don't currently have to be a Bookmap subscriber. Use the link in YouTube. All you have to do is verify your Discord username. Um and then uh you will gain access to the Trader Lab. Um there's a library of webinar's in there, a document section, and of course the Trader Lab community that's open to all of you. Remember, possibility to go here. This is strictly short-term rotational trading. Um the overall probability is to take out the shorts. And uh this is just a short-term rotational trade right here that we're looking at. Okay? So, hope you got something from this, guys. Um Have a good day, everybody. Thanks for visiting the Trader Lab. Appreciate you and your patience. If you're watching this in YouTube, uh there might be some audio issues, so we're trying to straighten that out. Hope you guys are doing okay. Thanks again for visiting the Trading Lab. If you're watching this in YouTube, please leave like, support the channel, and take advantage of the Trader Lab community while it's still available. Nothing lasts forever. So, when I'm streaming, I don't get to trade. So, you know, just keep it in mind. So, take advantage of it while it's here. Thanks again, guys. Have a super day. Appreciate your time and interest. And thanks for visiting the Trader Lab.