Live Session – May 19th 2025

[00:00:18.10] - Speaker 1
Welcome, everybody. Welcome, team. So first, first things first. So let's run the disclaimer for one minute and then we are ready to start. So let's go.

[00:00:52.07] - Speaker 2
It.

[00:01:20.19] - Speaker 1
All right, I think we are good. So I hope everyone have a good day today. How's going? Let me know if my voice is working. Give me a yes or no in the comment on FHQ and then I know you can hum me. And we are ready to go.

[00:01:57.12] - Speaker 3
Hi, patrick.

[00:01:59.14] - Speaker 1
Welcome. All right, let me know if my voice is working. Fabio.

[00:02:09.07] - Speaker 3
Yes, loud and clear.

[00:02:10.20] - Speaker 1
Perfect. All right, so I'll be ready. I'm good. I set up all my levels. We will speak today also about your daily routine. But first let's focus on the market. So what moves the market down, Fabio? I think this was the credit rating from the us. You see the clear sign. Look at the Euro, US dollar. So it was crazy. We're going straight to the upside today. Boom, here we go. This is a good sign that the Euro is very strong at the moment. But let's see how everything works out and then we are ready to go. Fabios.

[00:02:56.22] - Speaker 3
Yes, absolutely.

[00:03:00.03] - Speaker 1
Maybe you will share first. All the levels are working out and then I think we can go into the market action because let's see how everything looks like. And then we were ready to go.

[00:03:16.17] - Speaker 3
Yeah, sure. So basically, I mean the end of day positioning from Friday was obviously very positive overall. Of course then we had the news that you mentioned and obviously the weekend. So anything could happen in those two days based on events, news and catalysts. So right now we are still waiting for the intraday opening snapshot. Will be here in about 20 minutes. But yeah, we are. We were at the end of Friday in back in a positive gamma environment both on SPX and the futures. But today we are already below the HIVAL level from this morning. So obviously we are below the one they mean. So we need to wait for the opening, opening Snapchat to see anything that change at the open. But yeah, that's where we stand on the future side.

[00:04:16.23] - Speaker 1
Yeah. And we are one. We are back over the one day min with the market open and that's really cool. That's what I really like on the mental cure level. So if you think like the levels are be drunk and everything doesn't work very well, looks not so nice. Wait a little bit. The one day min and the one day max will be working mostly at the end of the day. Everything becomes clear at the end of the day. And let's see if John is also here. Yep, I see Him. Here we go, John. Welcome Jordan. How is going on your end? Everything's good. Let me know if you can speak if you could. Yeah, so I think we are. We are good. Market is open. I take a long. I'm not taking so much risk on I have only one contract on the nq. Let's see if we come back over one day min and that's my trading idea to push the mark that the market will be pushed over one day min. Why I feel be comfortable in my position we were speaking about this very often about the one day min and the one day max but I see also names what I never see before.

[00:05:50.12] - Speaker 1
Maybe Fabio. You can give them a little tiny overview about 1 day min and 1 day max and why is this so strong?

[00:05:58.20] - Speaker 3
Yeah, sure. So the one day max and one day minimum is our proprietary volatility indicator and levels for the following day. So it's calculated based on at the end of the option positioning and we also have an update at the open. So if we are going to watch qqq in about 20 minutes we're going to have the updated one day maximum one the minimum after the open. But the idea is to provide traders with an accurate level of volatility where the price should stay within the day. So we have some backtesting statistic on our website and basically what we typically see is that when the market breaches those levels in many of the cases they tend to retract. But it could also be a nice target point, stop loss level and also reversal point for trading like Patrick is doing now.

[00:06:56.02] - Speaker 1
Yeah, I'm trying so have always a plan. I'm not taking blind trades so my plan is already that we're pushing over the one day man. I have also the NDX open. I'm using this as intraday. People can ask me Patrick why you're not using QQQ now. I like to stay on the on the indices at the moment so that's why I have the NDX there. But I'm switching very often between NDX and QQQ but for now I have NDX there and also we have a question from someone is rising the hand. Let me know if this was a mistake. Lukash if not, here we go. You have open mic. Feel absolutely free to ask us any question what you may have and then we are good. But the first minute is very often where we practice be patience, be calm so don't get involved in any situation and then we are good. Lukasz if you have any questions feel Free. You have open mic. If this was a mistake, please take down your hand so that we don't get see the hand anymore. Hello. Hello Luke. Yeah, sorry. I just noticed like email coming yesterday about daily lessons and I was not sure if this like this meeting or another like I am just like here for the first time ever.

[00:08:49.00] - Speaker 1
Okay. Welcome, welcome. Yes. So the lessons will be start after the live trading session. So we have two hours. We will end the live trading session I think in 90 minutes and then we will step to the lessons and here. So. Okay. And the recording. So it would be also this live trading included in for the post. Yeah. So. So if you be, if you be a pro member you have access to any recordings and you have access to any lessons. If you a premium member then you will be get the recording from the live trading session but the lessons will be in the program also. Lessons are only in the pro. Okay. Okay. Thanks. You're welcome. All right. We're breaking our one day min. We're breaking one day min on ndx. Look at this strong candle. Staying real, staying calm. Follow your, your, your, your trading plan and that's it. See if we can break out from here we can hold this. If not, Let's take the first profit. US$500. Why I'm taking my profits. That's always a good question. I can hold this a little bit longer but I don't like it anymore.

[00:10:31.18] - Speaker 1
My trading Idea was breaking the 1mn making my profits. That idea was working well. So basically I was making my profits with my trading idea and that's it. Now let's wait and see what we get next. But what me and Jordan always seen doing the sessions when we be with the pros waiting for your entry. Be patient. That's so important. Have a clear trading idea. So if I would be going all long or short, I don't know. I don't want this anymore because there's no reason anymore for me. I can go long of course 100% but I like that we see a retest so that we're going down again touching one day min from the NDX or the one day min from the NASDAQ and then boom, we're going straight to the upside again. Or maybe we're going to geck 3 and high walls UDT on NDX and put support in high wall. That could be very possible by the way. We could be half a strong move. And I will wait until we be in this area. I will not getting in in the middle of nowhere because that's what, what we most seen.

[00:11:51.08] - Speaker 1
That's like where we're taking the most losses. If we have clear trading setups, clear trading ideas. If we trusting the levels that mostly works perfect. And I don't know Jordan, if you can speak, if you feel good, maybe you can add some comment. Feel absolutely free. We cannot hear you John, if you speak. But Fabio, when John will be fixing the mic, so let us know if you'd be ready. John. Lucas, you have open mic. So if you was raising the hand, you can do it again. You can speak if you want. Sorry, it was just misclick. No worries, you're welcome. We love to have questions. So if you have any questions, we're absolutely free.

[00:13:03.22] - Speaker 2
Can you hear me now?

[00:13:05.00] - Speaker 1
Yes, sir.

[00:13:06.23] - Speaker 2
Okay, thanks.

[00:13:07.20] - Speaker 1
No worries. So John, we are here also with the pro with the premium members and yeah maybe you was listening to this. What I was saying before our biggest lesson, what we take the last week and I think the days before is waiting for your. For your good entries here. So waiting yeah until it hits some level and for myself waiting for the retest. I know I let at the moment some money on the table because I'm taking my profits too early but that is, that is what it is. So I'm trading my trade idea and I'm be really happy with this and I feel not fomo, I feel not going into them because I have a clear idea what, what's next, where I'll be looking for for my next opportunity. And I don't know if you have.

[00:13:55.18] - Speaker 2
A plan then you can trade calm.

[00:13:58.24] - Speaker 1
What is your, your training plan at the moment, John?

[00:14:02.04] - Speaker 2
I am looking for scalps off of the major levels right now. I did catch a, a micro break off of the 21300 and I'm already out of that. But I'm looking for this morning I'm going to look for some reactions at some high gamma levels and look for some scalps.

[00:14:27.13] - Speaker 1
Yeah, like it. So what we have on a Magnificent Seven Tesla down, Amazon down. Of course we have not to look into this after the market was down night makes complete sense that the magnificent seven also down. But for me, where I've been looking at the moment is how the 6e is working at the moment, the Euro FX futures. Because all the day we was going straight to the upside doing London and now maybe we get some little nice sell off again back to the downside where we came from. So and that's something where I'll be looking for at the moment, how they're reacting and also of course the NQ looks very strong now, but I have no interest anymore to get involved in this because it's not on the area where I really like I taking my profits. Let's take a look into gold into gz. Here we go. Let's wait until we get the levels. Boom. I'm using the intraday levels from iau. So we hitting the core resistance. We're hitting the one day max and now we get a nice clear reaction. Let's take out the midnight. That's something what I really like to see.

[00:16:02.17] - Speaker 1
So I'm not seeing this before because I was focused on the nq but I think very soon we have a nice opportunity where we have great better trade ideas and yeah, so let's see. Maybe we get the retest again on the one day max call resistance. So that's why. But put the trade alert on 2230 and if we get hit, boom. We get the information what's on crude. I'm not a crude oil trader but very often I'd like to see what happens. Yeah. So let's see. We're hitting perfectly high Vol 0dte. Boom. And now we are back to the downside. And I think this was exactly what Dee was saying in the. In the call. Yeah. In the. In the webinar what we have with. With the if I be not wrong, Fabio, when she was speaking about crude oil that we very strong reserve from London to New York open and she was speaking about this in your interview. Maybe we can post the link if you be include Earl Trader. That's a really good information. She was talking about this very well. But now let's focus on the NASDAQ where we are and that's it.

[00:18:12.09] - Speaker 1
And also welcome Alexandro. Nice to see you here.

[00:18:18.09] - Speaker 3
Yes.

[00:18:22.05] - Speaker 1
Are you sitting together.

[00:18:25.14] - Speaker 3
Very close? Yes.

[00:18:27.02] - Speaker 1
Okay, nice. Welcome Patrick. You have open mic. You're a pro member. That's why you have open mic. Let me see if I see some other ones. If I miss someone and you be a pro member, please rise your hand. Welcome Michael.

[00:18:50.23] - Speaker 3
Patrick, I have a question for you.

[00:18:52.19] - Speaker 1
Yeah, let's go.

[00:18:54.03] - Speaker 3
Could you walk us through your thought process of the break of the one day min. Because of course very interesting and of course the idea worked really well. But what would be really amazing is why did you when the market was down, how did you formulate this idea on BET on the break above that level?

[00:19:19.17] - Speaker 1
Yeah, really simple. Let's take a look into this together. It's a good question. Okay, let's use the arrow maker. So we Starting to calm in the range. I think it was here, it was at London open at 4am around 4am and at around 4am what was happened? We stay all the time in the range. Boom. Here you see it here? Yeah. We stay in the range and then what we get, we get a nice strong bullish candle where we're going through the range prove the support and resistance area. And then we came straight to the one day min and one day max. So my first sign was okay, if we have a strong candle, if a strong bullish candle and we breaking truth to range where we were staying since 4am Boom. That's a good information. And also we are approaching the high wall area on the ndx. The high wall is the gamma flip. Flip from positive to negative gamma. That was also something where I get highly confluence with. And then there was the one day man and let's go take it. Because of course you don't know any time if you're going into the market if you'll be wrong or if you'll be right.

[00:20:47.20] - Speaker 1
And for me it's not so important if I make money or if I lose money. For me it's more important than I be good with my trading idea that I have a trading idea and I execute based on my trading idea and not based on my feelings. That's why I'm not getting in in into the market at the moment. I wait until we hitting another level to get some confluence to maybe short the market to go long again. And that's good. I'm fine. And that's why I was taking my profits. For most people who not know me will say hey, you take your profits too early. But I say hey, I was making US$500, I was executing based my trading idea and that's it. For me this was a perfect trade. And the risk, my stop loss was a little bit below the range because I was thinking okay, if we're not getting truth to one day min one day max now what could be happen? We can going back in the range, testing the range and then maybe we come back to one name in. And that was why I was also good with to risk a little bit more.

[00:21:59.01] - Speaker 1
It's not a good risk reward but for me it was a good option to make money. Why? You must explain this. Most of the time we stay between one day min and one day max. And every time when we're in this area, you know it Fabio. Mostly I'm trading on the long side. So it's not my first time that I'M executing trades like this. I'm doing this very often basically. Yeah.

[00:22:28.06] - Speaker 3
Thank you Patrick. That was great.

[00:22:30.01] - Speaker 1
Yeah, you're welcome. And now we came to geck3. Hi. What's UDT based on NDX now let's see and wait what happens, how they're reacting there and then maybe we find a new trade. So that's basically what we're waiting for. And I think Jordan to come back to you, you were saying something last time about soldiers if I understand this correctly and maybe you can talk about this again. So every time when we have soldiers below us it's very.

[00:23:12.12] - Speaker 2
Yeah. So if you think about a line of every line GEX line or whatever you're looking at is a line of soldiers. And the more that you have at your back, the better it is whether it's resistance or support. So you know, if you have let's say you have BL9 and one day Max and Gex7 and they're all lined up together and if you're looking for a long above them then when it comes back you have all those soldiers at your back to to protect you from your stop loss. The more you have, the stronger this. Does that make sense, Patrick?

[00:23:53.15] - Speaker 1
Yep, 100%. And also very often, not always but very often we have also confluence or correlation with with gold. So I get now the message on gold so that we hitting some price level that's also really important. So now let's see if we can break in between one day max call resistance UDT Gamma was UDT and we flashed down on gold. This could be also a push on the nasdaq. Why could this be really important? Because we're fighting with high volt zero dt again. So but let's see. I like more on the downside because the move was good maybe for a few ticks. Yeah. But let's see. I'm not in a trade. I'm looking forward but I'm waiting for the retest. That's something what I was learning very often wait for the retest before you take action. And that's something what I want do. I'm waiting for the retest. Switch to the one minute time frame. Waiting for the retest and then let's see. As you see we're touching on the one minute all the time to high wall. That's something where I'm looking for wait for the retest and then hit the button. Bobby, are the new intraday levels out now?

[00:26:03.02] - Speaker 3
Not yet.

[00:26:04.11] - Speaker 1
All right, if they out let me know because it's really really interesting how they position after the market was open. All right, could be a nice risk reward. Don't risking too much. Only the profits what we make before going short. And that's.

[00:27:16.03] - Speaker 1
If the trade will be not working. Everything is good. I'm risking only my profits. What I was making before then I'd be flat for the day. I'm not losing something only maybe possible profits. But as I said before, for me it's more important that I was executing based off my trading idea, not on my emotions. And something what helps me personally is taking three braves. Breathe in. Breath out. Breathe in. Breathe out. Breathe in without. And then think again about the trade. And then if you like it, execute it. All right, I can see intraday levels for 935 on the chatbot already Perfect. Maybe Fabio, you will going over this and let us know what you can see. And in the meantime, I will update my trading view.

[00:28:18.18] - Speaker 3
Yeah, let me.

[00:28:24.04] - Speaker 1
I will stop the sharing so that you get full monitor. One second.

[00:28:49.12] - Speaker 3
All right, so what we have here in yellow are the intraday levels. And what we see here in color are the end of days. So as you can see, the one day did not move much compared to to our end of day levels right there. Let me just make sure we have the updated data. Yes. Okay, I still don't have. No, actually, so I still don't have the updated one. Let me see.

[00:29:47.14] - Speaker 1
Right.

[00:29:50.15] - Speaker 3
Okay. So in that case, trading view takes a few minutes extra to upload them. So in that case what I can do, I can use my custom levels and basically add the data from the dashboard. Okay, so now we have the levels right here. Okay, so this is the, the 930 snapshot. So yeah, so sorry, the one, the minimum is here, 509. This is QQQ. And we also see that our put support has gone down. So it's a few points below. And we have our ivor level that is actually above here. We can convert this to qqq. And then you have the interdilaos here. Let me know if you have questions.

[00:31:04.04] - Speaker 1
Yeah, that's good. But maybe go into the dashboard because we have a really good future where we can show the intelligent jacks so that people can see what what is also changed. Because that's also a really good habit. Maybe you don't like to convert intraday levels, but it's a really good habit to look for you into the net check snapshot from the intraday to see the feeling from the market, the heartbeat. What has changed how the net checks has Changed is there more positive change is a more negative change? What is now the feeling from the market? I think that's really important.

[00:31:40.17] - Speaker 3
Yeah, absolutely. So the first thing is of course we can look at our zero net gamma exposure chart and you can see for today's expiration we have a lot of like negative gamma. 515 is obviously a level to watch for but also our 520 on QQQ. And then what you can also see is the difference between Friday's close or the 745 snapshot with the updated open interest from last week. So as you can see we have basically negative come across the board on all different strikes. And then what we can also do is we can go over our liquidity summary right here. So we were in positive gamma but at the open we are now back in a negative gamma condition. So of course you know what that means in terms of volatility. We had minus 125 change in netjacks compared to Friday close. And then of course we have our top volume strikes right here. And then we have our put support level change. So we output support increased by 60 point. We have a decrease in our 00t's and then here you have the different different levels there.

[00:33:17.17] - Speaker 1
And with the intraday levels also a little bit my trading strategy has changed because now it looks a little bit different. That's why I like to have the intellect levels there because Now I have GEX1 and the X on top on my end I will be sharing again with you guys. So that's something what I really like what helps me with my trading decisions also. But let's go. I will share again. Give me one minute. One, two, three. Here we go. Let's shoot again. All right, so what has changed now? So we have now the GEX one and the X here we have to put support for resistance and the X. So everything has now changed a little bit. It's going more to the upside and that's something where where I have be respectful. And this is no more my trading idea anymore. So I'm looking to be become possible flat on my trade or if I cannot getting flat anymore I will push my stop loss a little bit higher because we have no X1 and the X here we have put support on 400. So what I can do basically I can now bet a little bit on taking a bigger loss if it will be hit or not.

[00:34:51.12] - Speaker 1
Let's see. I will wait if the G1 and the X will be break. Yeah. Calculate the pin risk a little bit and move it a little bit higher to the put support 400, 410 and then try again. All right, I have the second short contract. This test of put support core resistance. I will play around with this. If it squeezed me above this too much then I would be out for 20 max loss and that's it.

[00:36:44.20] - Speaker 1
And maybe form you when we now maybe attracting put support and call resistance. Maybe give the people a little tiny overview about put support and call resistance.

[00:37:03.07] - Speaker 3
Yeah, sure. So basically core resistance is the level with the highest coil gamma and put support is the levels with the highest put gamma. So those are typically what we call primary levels because they are the levels where we see the highest gamma at those levels. So when we get close to those levels we typically see a reaction. And I think I can also share a link because we have some new videos in our gamma levels course that we recorded last week. So for those who have not seen those, it's worth like checking them out because there's going to be a lot of really cool information on how to use those levels. So I just posted it in the chat.

[00:37:52.16] - Speaker 1
Perfect. John, what is on your side where you're looking for at the moment?

[00:38:04.10] - Speaker 2
Can you hear me now, Patrick?

[00:38:06.01] - Speaker 1
Yes sir.

[00:38:06.23] - Speaker 2
My computer's having all kinds of problems today. I was going to add to what Fabio is saying is that he says the put support and the call resistance you can expect reactions at those levels and that's kind of the, the core basis of my scalping is looking for that reaction at those levels and just getting in and out.

[00:38:28.01] - Speaker 1
Exactly.

[00:38:29.22] - Speaker 2
For example, we just hit the put support on the NQ at 21400 and, and rejected off of it. And that's for a, a winning scalp. So that, that's, that's the, the core principle of the scalping strategy is looking for those market maker reactions.

[00:38:52.02] - Speaker 1
Good point. And are we hitting again the put support? It was not getting truth this. Let's see. Let's take a look on the es. What is the S doing? So we are, we are above put support. 0dt we came now to the high wall, the UDT STX.

[00:39:48.13] - Speaker 2
Yeah, this is an example of the, the soldiers because you've got the put Support and the HVL right there within 10 points of each other on the NQ. So it's going to take a lot.

[00:40:03.08] - Speaker 1
To get through here probably.

[00:40:08.19] - Speaker 2
And, and, and they just slice through that with no problem.

[00:40:13.06] - Speaker 1
I was want to invest my position once I say they kicked me out so everything is good. So they kicked me out of my position.

[00:40:23.03] - Speaker 3
That's why it's a good example of the reaction you see when the price goes through this level, how strong that candle was.

[00:40:30.24] - Speaker 2
Yeah. Because once it goes through, it adds fuel to the fire. Right, Fabia?

[00:40:37.03] - Speaker 1
Yeah. Now let's see if we can hold the momentum. I switch my position to the long side. Now I like, I like all the levels, what we have there. It's a strong area. So that's why I placed my stop loss a little bit above the Gags one. Oh, on the X1. Here we go. Now I place it below the Gex one and then let's see. See, we on the way to the 1mx. Fabian.

[00:41:45.10] - Speaker 3
We'Ve seen this before. Patrick.

[00:41:47.01] - Speaker 1
Right.

[00:41:47.07] - Speaker 3
Remember.

[00:42:23.09] - Speaker 1
So we have bring back some money because we're taking some losses before. So let's let the position a little bit more run.

[00:43:45.03] - Speaker 1
Like the one minute candle. But let's see.

[00:44:14.18] - Speaker 3
And Jordan, a question for you. How many trades do you normally do per day with your kind of scalping strategy?

[00:44:22.02] - Speaker 2
It really depends where. Where we are as compared to the levels. It could be one, two, or, you know, if we're getting a lot of reaction where all the levels are, then it could be, you know, maybe four or five. But it's usually I, I will use the first or second touch at an important level. Once there's more than that, it's. They tend to weaken.

[00:44:53.21] - Speaker 1
Yeah.

[00:46:28.15] - Speaker 1
Oh. We came down to call resistance unity. So. See if my support is holding for me or not. And then if not, getting out. And that's it.

[00:47:05.11] - Speaker 2
Now we're coming back down to put support. So I'm looking at this as another bounce.

[00:47:19.12] - Speaker 1
Yeah. To put support. I don't want weight. That's a big battle.

[00:48:32.07] - Speaker 3
And also, guys, if you have questions, let us know past them in the chat.

[00:49:16.08] - Speaker 1
John, what is your tick strike doing?

[00:49:18.21] - Speaker 2
It's. It's ticking a little bit green on the QQ on the SPY now. Now it's starting to lighten up a little.

[00:49:26.23] - Speaker 1
I mean, all right, I take partial profit. Okay, nice. And I'll let it run. And after this, I need a coffee. Champs.

[00:50:34.22] - Speaker 1
Getting strong candles, strong swing. One minute candles. Like it. Let's go.

[00:51:00.10] - Speaker 2
It.

[00:51:26.11] - Speaker 3
Patrick, how many contracts were you training.

[00:51:35.06] - Speaker 1
At the moment? Four contracts. I was in with eight contracts on the long side. But then I take out partial. I take out four and then four other ones.

[00:51:44.03] - Speaker 2
But Fabio, Patrick drops the two zeros off the end always. So it's probably 400.

[00:51:51.18] - Speaker 1
No, no. Probably so on. On my first, on my first fit, I was in with one contract. It was not working. And then I add again one contract, it wasn't working and then it kicks me out. But now I have bring back some losses. So that's why I was thinking like could be a good opportunity to go in a little bit bigger. But now I'm taking my profits and that's it. And we are now. 152 in profits. Amazing. So yeah, we are back in profits. So the first loss was a bit stupid for us but now we bring it back so we are in in profits again. That is the game. So you have to lose something and you have to bring it back. So and this is what I was posting, I think on Tuesday was the best example. Take your loss only go in the area where you feel that you can bring it back and that's it. So if you're not can bring it back then take it earlier that you don't get emotional or something.

[00:53:25.07] - Speaker 2
You're talking about being able to make your profit back on a normal day, right?

[00:53:29.17] - Speaker 1
Yeah. So. So if you be in a drawdown I think from 2000 4000, 5000, call the number, whatever you want. But is this, is this a drawdown where you feel be comfortable with can you bring it back? And that's something where I be really strong with sometimes. Sometimes I be in a drawdown with 25k but for me that's no problem. I can bring it back in in one hour if I want. That's something what I was learning. So if you've been a drawdown from 2000 US dollar can you bring it back to break even and end maybe the day with 20004000 West Dollar profits? Yes or no. And if you don't can do it then stop trading if you've been a drawdown.

[00:54:17.03] - Speaker 2
And that's.

[00:54:31.19] - Speaker 1
So we got the question. Hello, Y and the X and not qqq. And do you have some ratio to ndx? Yeah, my ratio is auto ratio. It's really simple and easy. You have it in your indicator. If you go to custom you can convert to auto ratio. I have no menu ratio. Why? And the X not qqq. I was talking about this earlier before. Sometimes I have qqq, sometimes I have ndx but I won't be stay on really only on the index like NDX and spx. So that's why I'm staying here on ndx. Yeah. And then. Hey Patrick, I saw a video where you and Fabio talked about the P PIN with switch for NQ was about 20 points either way of a level. Did you already enter that first trade after 20 points above that pin risk. That's a good question. I'll be sure. I was looking into the pin risk, but it's more a price action feeling. What do you, how, what is your feeling about the market at the moment? And, and you were seeing this here also. If you're looking now to, to our put support and we was touching the PUT support.

[00:56:00.04] - Speaker 1
Boom. 405. So we're getting the pin wrist and then we get again a pin risk. So basically that's something where you have to be aware of and calculate based on this. But give me one minute break. I need one minute break. I need some, some fresh air for one minute and then I'll be back. So that's something what I'd be doing every time if you was too long in a trade, take a little tiny walk in your, in your house, in your flat, wherever you be and then come back after one minute. That's what I'm doing now to become a little bit more of a clear mind. I will take now a break for one minute and then I'll be back.

[00:56:52.06] - Speaker 3
Nice. And in the meantime guys, if you have questions, just post them in the chat and I don't know, Jordan, if you have any questions for us to explain, maybe something the people would find value from in terms of data and best practice that you use.

[00:57:40.01] - Speaker 1
Question.

[00:57:40.24] - Speaker 3
My levels show 9pm for end of the levels. Yes. So end of the levels would be as of yesterday.

[00:57:50.24] - Speaker 1
So.

[00:57:51.08] - Speaker 3
Yes.

[00:57:54.15] - Speaker 2
Fabio, I was talking to you for a long time without realizing I was on mute.

[00:57:58.17] - Speaker 3
Yeah, sorry, I'm muting because there's some background noise. So when you're.

[00:58:02.03] - Speaker 2
Oh yeah, yeah, yeah, yeah, that's my fan. Let me turn it off. Okay, so my question to you was at what point during the day do you find that the zero DT levels, the power of them diminishes?

[00:58:18.03] - Speaker 3
So I would say that the, the strong hour is definitely from 9:30 to 11:30. But I think especially when we are going through some weekly expiration like OPEX or some like expiration with a lot of gamma, even looking at those towards the close can give you like some very strong reversal. Because as this option expire, if this, if the volume of those option is very high, even like a small movement in price of the underlying could actually trigger like a strong reaction. So I wouldn't say there's a time like I know a lot of traders, they trade also like at 3 o', clock, 3pm because if they are able to capture that, that move, then that could actually move the underlying quite fast. So it really depends on the amount of gamma expiring if we are in positive or negative gamma and then of course if we are approaching any expiration.

[00:59:19.10] - Speaker 2
Okay, so you're saying even at that time they're still using the, the leverage.

[00:59:24.24] - Speaker 3
Yes, because so the gamma becomes very sensible as we approach expiration and we have maybe a strong move or a strong candle. Even if there's a lot, not a lot of time to exploration, it could be that this kind of changing in government delta due to the underlying could actually move a lot. Could actually have a very strong reaction.

[00:59:50.10] - Speaker 2
Okay, gotcha.

[00:59:51.21] - Speaker 3
Yeah, so like there's a lot of traders that use like well 30. They start looking azurities levels at 1230 to like 3 and then they place bats. Because of course if you are able to capture the direction, you can get very strong moves in a very short amount of time.

[01:00:09.18] - Speaker 2
Yes. Okay, makes sense.

[01:00:14.19] - Speaker 3
So then I'll be back by the way. So yeah, there's a couple of more questions. So Donald, the custom level indicator would be part of the enable indicator that you have on your trading view. If you don't see it, then go back to the dashboard, disconnect your TradingView account and reconnect it and then you should be able to get it part of the premium subscription. Okay. I think Patrick, the chat is disabled. I imagine that's why.

[01:00:50.17] - Speaker 1
Yeah, you have the fhq so you can put your question FHQ and feel free.

[01:00:59.02] - Speaker 3
There's a question about 935 levels. Those are the intraday levels. So intraday is on stock CTFS indices and they update 14 times per day. There's a question from Chain, can you explain how do you get all the option data from the market? We have reverse of the data directly from the exchange. So that's part of how we get the data. And then basically we use the data, we create our models and basically we then create the output which is chart levels and all the data that you see within dashboard.

[01:01:46.21] - Speaker 1
And look at this. So people asking me, Patrick, why you use qqq, why not why MDX and why not QQQ at the end? No matter what levels do you use? It's very often it's working and you see it on my end. So I was getting out of my short position because we was hitting the X1 and the X and it was really respectful. And I will give you some something what I was observing very often in the last few days. It's only the last few days where I'm observing This but maybe this could be something really helpful when we have a range day. Here we go. Let me so what I personally where we often not like to see is when we have strong levels together in a really near tiny area. And as you can see we have here the call resistance from NDX and below we have also the core resistance. So core resistance UDT and core resistance ndx. And if we're speaking about pin risk. So basically this could be your pin risk. So we can stay between Paul Resistance 0dte and Core Resistance and then we can stay from call resistance again 20 points.

[01:03:15.09] - Speaker 1
So that's something what I don't really like to see if there are two strong levels directly in the same price area. That's I don't like it. And the best example maybe let me check out for you. We was posting something about this in the pool room about the best example for pin risk. Here we go. I get it. Let me share this with you guys. Stop the sharing. I will switch now let's go to the discord. And I think. I don't know John, was this Friday or was this Tuesday? I think it was on Tuesday.

[01:04:10.12] - Speaker 2
The pin risk thing you did? Yeah, no it wasn't Tuesday. It was later in the week. It was Thursday or Friday, I think.

[01:04:18.12] - Speaker 1
Okay, so that, that's a really good example about the pin risk. And this is where my observing going. So you have in the middle put support. Put support zero DTE. And we have the 30 minute candle. That's basically five minutes. But I was also looking at the 30 minute candle at this time. And above you have gigs five and below you have GEX two. So basically we was not able to go through everything we were staying in in the range. And that's basically for 21, 425, 450, boom. 24, five points pin risk. Boom. Exactly. And then below this 25 points. Boom. Exactly pin risk. And we was not able to go into this. And if you see something like this that you want to short or go long on the put support. But I don't know, maybe 20 points or 25 points above you have a next strong gamma level. You can be bet on this that you will be stay a little bit in the range between this. But this was my observing what I was doing the last few days. I don't know Fabio, maybe you can can add something to this from.

[01:05:40.17] - Speaker 1
From your perspective.

[01:05:42.21] - Speaker 3
Yeah, I mean the concept of of pin risk is basically that as we get closer to expiration and as you know the gamma effect the option Positions, market makers are forced to buy and, and, and short the underlying. And that causes the kind of price to move around a level. So whenever they start adding those orders, you will see the price basically sometimes even like staying at the level for, for a very long time. And that's the concept of pinning effect on the price due to dealer hedging.

[01:06:23.24] - Speaker 1
All right, Pastor, you, you was giving me a really good comment. I really like it. Let's talk about this for a few minutes. Patrick, I struggle on how to decide when to use end of the day versus intraday level. What is your process for using both of those levels for NQ and wix? Okay, let's stay, let's stay for one minute on, on NQ and then we will go into the concept about end of the day and intraday. And let me go quick on my execution platform. If everything is working like no open position. No, I have no open position. All right, so let's take out the other. So that's basically what we have on the white lines. That's our major gamma levels from the NQ from today. So. And as you can see, they're working perfectly. So we are hitting now put support. We are on high wall. We have our pinwheels there. So we're going from 400 to 335. 377. It's again the 25 points what we were seeing before. Basically they're working, so everything is good. And now if you say to me, hey, I'm struggling about the levels with intraday and end of the day.

[01:07:58.18] - Speaker 1
What I'm doing is I'm adding now my levels from NDX and they guide me through this. So I'm working with Booth together so that I have a much fewer picture because we was talking about the pin risk and I was telling you why I'm not liking this. Call resistance ndx we have call resistance UDT there in the middle we have high wall. That's exactly the same pin risk factor what we have. So you can now short along on high wall. But hey, above you have core resistance udte not so funny. And below you have also core resistance. And put support. Not so funny. If you're shorting, put support not so funny. You have GEX1 and the X there. So that's, that's how I'm reading this and how this helps me. It helps me to guide through the market. And I will not looking into like this because then I will getting. If I see something like this, I will be struggling with this also. But what I'M really doing is I'm zoom out. I focus only now what is in the play. What is in the play. It's only this one GEX2MDX GEX1 and the X put support call resistance high wall at the core resistance udt that's at the moment what is in the play and that's something where I be focused on.

[01:09:25.15] - Speaker 1
I'm not focusing on what is on the far away to the upside and what is far away to the downside. I am focusing now really on what is in the plane and that's it. And this helps me more and more to be become more and more comfortable and how to read the weeks we were talking about this in the Pro we have this week I think some session about the weeks and then we will cover this then But I hope this helps to understand with them intraday end of the day and how you should be reading this. So for me it's like zoom in. If I have both levels there, I'm zooming. Boom. And if we go to GZ I have there also my other levels. Boom. I'm zoom in. I'm looking only what is in the plane and here we go. So I have my call resistance on our one day max and that's it. That that's what is in the player and that's it. Nothing more. If you look into the ES same what is in the plane, what is in the plane. Boom. That's it in the play GEX2 I was UDT.

[01:10:41.12] - Speaker 1
I was UDT put support CBDT and one name in. That's it. Nothing more is in the plane. That's. That's what I'm focusing. Maybe John, you can add something to this.

[01:10:56.12] - Speaker 2
Give me one second Patrick, I'm trying to middle of a trade here and.

[01:11:01.08] - Speaker 3
I can add something to that too. Patrick. So basically from a product perspective why is end of day very important is because the open interest of option.

[01:11:15.03] - Speaker 1
On.

[01:11:15.11] - Speaker 3
Stock city action indices and also on on futures update once a day. So that's when we have the updated value from the chain which is also a very important input in the gamma models. So the end of day on futures are very relevant because option trade 24. 5 but the open interest update once a day so at 11pm is when we get the updated value and that's why the the data is very very relevant. So across perspective I would always add the end of day and then of course the interval is becoming very very important as well as the market becomes more volatile.

[01:12:15.15] - Speaker 1
If you're asking me now why I'M getting long on call resistance udte. Why not waiting for the pin risk at the moment I'm liking the long so looks. Looks good for me, feels good for me and that's it. And if I don't like it anymore, I get out and that's it. But maybe we can play a little bit around on the areas and it's building some positions without risking too much.

[01:13:05.08] - Speaker 2
It.

[01:13:37.18] - Speaker 1
Because as John was saying before now you have your soldiers. So if you like the long, you have your call resistance there, you have the high wall there, the put support and yeah so you can build your positions around this. So that's what I was doing. And then if you be good in profit you can take it and then set it. I'm out taking I don't know 320 words to last. Yeah, that's good. That's fine.

[01:14:30.23] - Speaker 3
Nice.

[01:14:32.15] - Speaker 1
It's a cappuccino. So basically you leave Boof EOD and intraday levels open. Yes, that's it. And I don't know what is your trading style. It's if you trading intraday and you you're scalping more you build your positions like what I'm doing, like what also Jordan is doing then zoom in and I think you will not getting so much noises. But it makes for me a completely different. So if I would be taking out now the the intraday levels basically from NDX so then I have only my high words, even my high wall and my good support there. Yeah it looks good but I get much more details if I would be adding also the NDX levels. Because as a scalper Jordan, I think you can also play around with the levels and can put your stopper. So if you're going now long for example and it doesn't work, you can put your stop loss below call resistance UDT from NDX only for example. And if you if we're going through this, that's it, you're out.

[01:16:26.17] - Speaker 2
Yeah, that's right Patrick.

[01:16:29.20] - Speaker 1
That's another point for adding the intraday levels on your shop. And I like your question so that this session is for you guys. I was making my profit. So feel free to ask and I'm more than happy to answer all your questions.

[01:17:21.24] - Speaker 3
Sorry Jardin, I think I muted you by mistake.

[01:17:29.08] - Speaker 1
Okay.

[01:17:29.20] - Speaker 2
I was saying let's see if this HVL put support can act as support again for a move higher.

[01:17:39.10] - Speaker 1
Hey Kam dog. Thank you, I'm new here. One success for members. If you are having issues with the audio, there's a live Transcript future which is really helps if you miss something. Bottom at the bottom. Thank you. Good point. Hi, quick question. When trading. Yes. Is it we able to use buy or SPX Gamma levels as proxies given their similar reactions to the key level? Since SPX has far more options data available, would it be more accurate to anchor ES trades to SPX Gamma or is it better to use ES specific levels directly? I will pass this first to Jordan and then maybe you can answer something from your product perspective.

[01:18:29.08] - Speaker 2
I think it's, I think it's, I think you use both. Why not use all the information at your fingertips and if you can see that the levels really align with each other, that just makes it even more powerful.

[01:18:42.23] - Speaker 1
Exactly.

[01:18:44.09] - Speaker 3
And from a, from a product standpoint, the beauty is that like Jordan said, you can have the free asset which they have three different option chains. So looking at what SPX is doing and if there's any divergences with what SPY is doing and yes again can give you some very, very good insights. So you have the flexibility. So you can use one of them, all of them. You can build a roadmap around them. So yeah.

[01:19:21.13] - Speaker 1
And if you're looking out to my trading view shot, I have also SPX and ES and it's really interesting. So you see we have good supply and demand areas between 5950, 952 and 965 and 950 67. So that's basically telling me both the ES levels and the SPX numbers without I will not having this. And I can maybe more accurate placing my stop losses. That's something why it's a good idea to have the Internet levels on the ship. So you can put both on same chart. Yes, you, you can use your indicators. So you have Mentor Q custom levels and the intraday end of the day, whatever you want, you can use this. And then you have the ability to convert basically from SPX to es. But you have to open again a new indicator for ES level. So if you want convert SPX to es, that's one indicator. And if you want plot ES only, that's also one indicator, you could actually.

[01:20:56.00] - Speaker 3
Use the same indicator.

[01:20:57.05] - Speaker 1
Patrick, this is working now.

[01:20:59.02] - Speaker 3
Yeah.

[01:21:00.07] - Speaker 1
Okay, cool.

[01:21:05.06] - Speaker 3
And then within these settings you can actually have the option to only show the converted level or show both of them.

[01:21:13.10] - Speaker 1
But this, this works only with the new indicator, not with the custom indicator. Correct.

[01:21:20.01] - Speaker 3
If you go try go on custom levers on the setting.

[01:21:24.14] - Speaker 1
Not yet, but I will, I will, I will try it. All right, so we approaching our put support let's see if we can go and truth this. Or if we will hold this. Let's see. I will take a short. I'm in. I think they fooled me. Yeah. And as a scalper. So if you know the pinwheels this is something what Jordan is doing scalping the pin risk. So he knows okay, it can go for 25 points to the downside or to the upside. And he will try for the 20 points. Correct. Jordan.

[01:22:11.06] - Speaker 2
Hold on one second.

[01:22:12.04] - Speaker 1
Patrick.

[01:22:17.06] - Speaker 2
Yes, that is correct. I also got him short with you. Patrick. I We kept trying to go up and we never could. We kept bouncing off this put support level. Now we're finally breaking it. We're getting some negative flow in here.

[01:22:35.04] - Speaker 1
Okay, well I like to save my profits. Our not tools again. I would hate this now if I lose so say, let's say 150 Westerners. If they kick me out, it's fine. But I get my 150 US dollars. And I take my 100. Good. But I like this. Yeah, man. It's a good area now. All right. I will add again a short job. I think maybe we can go into the upside. No. Or we break it. 405. Put this to 410. Here we go over this candle and let's see. Rule the map to strong go. Take my position.

[01:26:11.08] - Speaker 1
And we get the pullback again on Gex1 and DX. So was not a bad decision to have the NDX on my shot today.

[01:26:23.16] - Speaker 3
Yeah, very strong.

[01:27:35.05] - Speaker 1
Patrick, do you use ICT concepts in your trading? I don't. I don't know. I'm not using. I'm not so familiar with ict. You see one indicator I have SMC toolkit. So the only thing what I'm doing is looking for the midnight close or the midnight open. Whatever. Call it whatever you want. And the 9:30am or 8:30am Sorry, that's the only thing. But I'm not an SMC SMC ICT fan. That's basically the indicator gives me the option to plot this and not showing me the history. That's why I'm using this. But I'm not using ICT concepts or something like this.

[01:28:28.23] - Speaker 2
Patrick, you don't use those concepts.

[01:28:31.22] - Speaker 1
No, I'm not really not using this.

[01:28:36.21] - Speaker 2
No, I know. I was just saying you're definitely not using.

[01:29:37.13] - Speaker 1
They give me an opportunity to go back even. But I don't take it. I'm an idiot. Here we go.

[01:29:46.05] - Speaker 3
I'm out.

[01:29:49.19] - Speaker 1
There was a big to oversizing. That's why I was happy to be break even with A bit profit. So I was battling too much that we fall down. But it could be very possible that we stay in the range between GEx1 and call resistance udte and the X. That's why I don't like it. If the market gives me the opportunity to be break even with little tiny profits, I will take it and that's it. Because I'm talking very often about this. If you be wrong, the market gives you very often, I would say 90 of the time the chance to get out without a big accident. And if you have the opportunity, I was learning to take it and that's why I was taking out my profits. Fabio, it could be that I'm letting now profits on the table. Of course, baby. But it was not looking any more good to me. That's why I was taking out my profits.

[01:31:18.18] - Speaker 2
It.

[01:31:50.20] - Speaker 1
All right, let's see what we get if we cannot going through this. Jordan, I know you're looking also for this one. I know it. Now let's see.

[01:32:05.23] - Speaker 2
How did you know.

[01:32:08.10] - Speaker 1
He was looking for this the other time and we not get it. So maybe we get it now. So let's see. But taking only a small position. Here we go. All right, let's see if we can have it.

[01:32:31.21] - Speaker 2
I'm looking for a move down to like 45 where I have a high volume node down there.

[01:32:44.03] - Speaker 1
But I'm sorry, Trump is no more in Dubai so I can talk to him.

[01:32:51.08] - Speaker 2
Did you, did he have a nice dinner in your house?

[01:32:54.11] - Speaker 1
Oh, man, I wish I could have a dinner. But you know, in Dubai there are many traders, so sometimes we have really great dinners with friends. And it's so funny, so many different trading styles. And as someone was saying, ict me Yamala was the other swing trading with, I don't know, crazy indicators. It's so funny. But at the end we're doing all the same. We love the market and we try our best to make money. Good that I was not taking this. And Fabio, maybe we're getting very often the question about QQQ and NDX as NQ trader. So what is the difference? So first we have to understand rules. Trading NDX and who is trading qqq. Maybe you can explain this.

[01:34:11.23] - Speaker 3
Yeah, it goes the same way for SPX and SPY. So when we look at QQQ and SPY, typically you would see retail traders buying QQQ and SPY for longer term investment. 401k plans would buy QQQ and SPY to put in their portfolios to get an exposure in the market. And that's why the option activity on those assets is very high. When we look at SPX is by far the index with the highest option volume. NDX doesn't have as much option volume. So when you're looking at QQQ and nq. Sorry, NDX and QQQ versus nq, normally the highest option volume is in qqq, but the NDX lab will often act as very strong reaction level too. So I would always consider who's trading what and then that could help you understand where the volume could come and where the implication could be.

[01:35:20.01] - Speaker 1
Yeah, and also I think it's why I'm not using GLD and why I'm not using USO for. For gold or for crude oil. I think to add something, what you were saying, Fabio is looking also to the underlying assessment test. What is the Q. Q. Q? What is Uzo? What is UO? So they are different assessed. So the NDX is purely the index, Correct? Yeah. And what is qqq? So QQQ is not purely the index. So underlying they have the shares, so they replicate the index, but it's not really the index. And that's why I'm using ndx, because I like to have more at the moment the really only the index, because when we come to SPX and es. So if you're trading SPX options, where the market maker could be hatched of course with es. If you're trading NDX where you could be hatched, of course with nq. And that's something where I won't take advantage of. And that's why I was choosing especially today, the ndx. And as you can see, it works perfect. So we stay in the range between call resistance, the UVDTE and GEX1NDX. And in the middle we have put support and high wall from the qqq.

[01:37:00.07] - Speaker 1
If I would take this out only as example. So I would only see this high wall, put support. Boom. And then I would be wondering, holy, what's going on? Adding now the intraday levels. Boom. I have a better picture. And that's it. That's why I have this on my shot. And I think this should be absolutely clear. John, don't fight on this air.

[01:37:27.18] - Speaker 2
You.

[01:37:30.11] - Speaker 1
Don'T fight, don't fight. We in a range.

[01:37:44.03] - Speaker 2
I'm not fighting with market as much as I'm fighting with my computer.

[01:37:48.03] - Speaker 1
Oh, all right, okay. Because I was hearing you clicking, click, click, click. I was thinking, oh, man. Now he go in and out, in and out. All right, five Minutes left, then we go to our lessons. So let us know if you have some questions for the trading before we go to the lessons and then we are good. James, Barry. Hi. My NDX conversation levels are different from yours. I'm using NQ1 and NDX symbols inside of the EOD indicator. So basically, if you're using EOD, you're using EUD intraday levels. EUD levels. I'm using intraday levels from NDX. So you could use basically your intraday indicator and convert NDX to nq. But if you convert NDX to NQ on the end of the day indicator, you will. You will get also the end of the day levels on the ndx. So that's why it could be possible that you see this. No, the white lines are basically the mq. Well, let's see if we can. Okay, let us trade. Let's see if we can get some short now and then. I'm good. And we were trading in the afternoon for the power hour together again. It.

[01:40:25.09] - Speaker 1
What I like to see at the moment, John, we cannot break the high volume. So we was trying this one times, two times, three times. Now we came down again.

[01:40:45.18] - Speaker 2
Yeah, I think. Yeah, we're not breaking it. I think we may be heading down. But the. I don't know.

[01:41:14.11] - Speaker 1
All right, we are good in profit. So. Take some partials and add the rest. 1.

[01:41:38.17] - Speaker 2
We're bouncing right where we did before, right at 2day v. Web.

[01:41:42.03] - Speaker 1
Okay, I'm close enough. And Fabio again, that's really the best. Okay, let's close my execution platform. How much profit I was making? 2, 100 US dollars. Congratulations, Patrick. Yeah, nice. Thank you. But yeah, it is what it is. But I think what is much more interesting for today is how we can deal with intraday and end of the day. So again, let's take a look into them to the shot again. If we would take out now the intraday levels, let's say from ndx because I like the ndx. Now we have only the high low level there and the put support there. So of course we can use the candle rigs and maybe someone will read something about this. But with my intraday levels, I was directly see that he was in the range. So we was in a range between call resistance 0DTE and GEX 1 and the X. Boom. And if. If I add now my NQ levels, I get a. So nice and clear picture. And we was getting the short where we're getting out. Boom. And why are we getting out because we know we came to gigs 1 and the X.

[01:43:16.21] - Speaker 1
What was happened when we touched X1 and the X? We came to the upside, he was reserving. And if you play the range trades, of course you cannot go long. If you go on the X1 and the X it's a good opportunity. You can short now the call resistance, the udte or like what we was doing shorting the call resistance and the X and put support to think we get now maybe a flash down but we don't get it. So but we get our exit points. And this was based on NDX gamma levels. So really cool, really simple. Thank you Fabio for this great tool and I would say you can put in your questions now. We give you 1 minute, 2 minute left before we go to the lessons for today. I will take a break for one minute and then we will answer first the questions and then we take the lessons.

[01:44:15.02] - Speaker 3
Thank you Patrick. Let us know guys if you have questions past them in the chat and we go over it together.

[01:44:37.07] - Speaker 2
It.

[01:45:04.14] - Speaker 3
Question from Vivian. Can I map 20K 225? Yes. With the indicator you can convert any levels to any ticker. So you could potentially use for example spx level or we also have 6J which is the future currency future on JPY. So you could, you could map that if you wanted to. And to answer your question, Chaim, it could be that you have a different snapshot. So the intraday levels update 14 times per day. So it could be that Patrick did not update the latest snapshot and you do have a different snapshot. So that's why you see the. The difference.

[01:45:57.15] - Speaker 1
Oh yeah, the difference is. Sorry for this. I was on explaining this but mostly people who are in the program with me or hanging around with me, trading with me, they knowing that I'm using the only the last intraday snapshot where I update is when the market is open. So that's basically the 9th 50 snapshot or let's call it 935. Why I'm using this because that's the last time where we calculating the one day min and the one day max. And for me that's one of the most interesting part. That's why I'm using only the 935, the 950 snapshot. I'm not changing this anymore. The only thing when I'm changing this is when we trading before the power hour. So the last two hours from the market and what we're doing today. Then I will update also my levels again but in the morning session I'm using only the Last time the 9:35 9:50 snapshot and why I'm using this as as you was was seeing. So when I was having my intraday snapshots or my end of the day levels, it was a completely different view of the market. I have a trading idea in my mind and with the intraday levels, every time when you update your intraday levels, it could be possible that the core resistance Udte is now going to, I don't know, 460.

[01:47:43.23] - Speaker 1
So basically you have not anymore the same trading idea. And I'm not an options trader and. And you can hate me, you can love me. But Fabio, I was saying this very often. I'm not an option straight. So for me it's not so relevant. What the name is is this now call Resistance UDT is the scamma War Z Dte. I don't. I don't looking too much to the. To the names of the levels. I know only that this is a strong gamma level and strong gamma levels reacting as a magnet. That's something what I was learning and for me I was seeing basically on my shot. Hey, this was completely valid. So this was the range. There was some liner called core resistance. There's a line of course called wall 0dt and on the bottom there's a line it calls the X1 endings. Of course. Now I'm knowing what is the methodology about call resistance and G1. That's good, that's fine. So I become more comfortable. But at the end for me that's basically supply and demand based on options data based on real time data. And that's how I'm using it. I don't overcomplicate it too much.

[01:49:03.09] - Speaker 1
I don't want be a perfectionist. I don't want be Everything must be highly accurate. No? If this works and I see based on the chart that the lines are highly working perfect. I have not to change something and that's it. Fabio, maybe you can add something based on product perspective, because this is only my trader perspective.

[01:49:39.01] - Speaker 3
Yeah, I think what I if you guys have the chance. I pasted early in the chat the gamma levels course because I think that would be a key resource and I know it's an investment of time, but I think once you go through it, you will exactly know and understand how these levels can act and why is there a reaction there. So I would say Patrick, agree with what you say, but within the course we explain basically the principle behind it. So those reaction that we saw today, they are not random. So I, you know, I suggest everyone to go through that and it's available for everyone. So I'll post in the chat again. But.

[01:50:26.02] - Speaker 1
And we was also really successful to add this for the people who may be new, I think for before six months, let's say before six months what we have, we have blind spots and we have our gamma levels end of the day. And we was really successful with this. So that's, that's where we was growing. That's why our members was talking to us and say, hey man, your level's working nice. So nice reaction. So that's why I become really comfortable with the end of the day levels. And when we was launching the intraday levels, we was talking to this, hey, there's a dangerous situation. So if you try to update all the time your intraday levels because you want this intraday, so then the levels are no more there where you was looking for, where you have maybe some trade idea in your mind and everything is not changed and you have to react on this. And that's for some traders like me, it's a dangerous situation. But other people who may be options trader or high frequency traders, they, they need that, they love it, they want this. That's why we was introducing the intraday levels.

[01:51:51.24] - Speaker 1
Sorry again. Okay, so, and that's, that's why I'm using only the last Snapshot for the one day min, one day max calculation. And this is the, the 935, 950 snapshot. And that's why I have this in my mind that this is enough for me as futures traders. I'm not an options trader and I was proof I was making money. It's working on my end. Yeah. And that's it, that's good. All right, Tom, you was rising your hand, you have open mic. Feel free to answer your question. If not, then we will start with the lesson really quick with the morning routine and then we are good. I will stop the recording now. All right, Tom, if you have no other question, everything is fine. Any questions? Open what I was maybe not seeing.

[01:53:08.05] - Speaker 3
No.

[01:53:10.01] - Speaker 1
All right. Okay Tom, I, I put you on mute again because there was no question from your side. No worries, everything is good. I will start a new recording.

[01:53:27.07] - Speaker 3
I need to jump on and call Patrick, but see you again later or tomorrow, okay?