How to create a Trading Roadmap and an A+ Setup

[00:00:02.02] - Speaker 1
Welcome everybody. Welcome team. Welcome Mentor Q fans. I get again a really nice question from you. And the question was, Patrick, how you prepare yourself for the trading, how you can find good entries and exit on your site and what are you doing in detail and also what are most important gamma levels and why are they important?

[00:00:26.22] - Speaker 1
And I will give you now the answer. So you ask, I will deliver. Business as usual. So let's take together the deep dive. Are you ready?

[00:00:36.20] - Speaker 1
All right. Born ready. So first of all, what I'm doing is I am building my roadmap. This is the number one. The number one is building your roadmap.

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And this is so highly advised from myself before you came into the market build your roadmap that you have any idea what's going on on the market and that you can based on your roadmap, planning your trades and that's it, my friends. And how you can build your roadmap. We will do it together. Simple and easy to understand for everyone. So first of all, I will plot the blind spots version two from the nq.

[00:01:21.15] - Speaker 1
So here we are. What are the blind spots version 2? The blind spot version 2 is an indicator to identify some ranges based on highly correlated assessed will have strong overlaps to the nq. All right, all right. And this is what I'm doing.

[00:01:42.08] - Speaker 1
So map out the range here, boom. Map out the range here, boom. Let's make it a little more beauty. That's it. Did we have some other range?

[00:01:59.03] - Speaker 1
No, I will say no. All right. So for this reason there's no more reason to plot the blind spots version two on my end queue chart. So the second step now I will plot the blind spots version one. The blind spots version one is basically we copy the gamma levels from QQQ into the NQ chart and convert this to nq.

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How I'm doing this is simple and easy.

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I was speaking very, very often about how you can generate the text file for your trading view indicator. So please watch the other videos. That's not the time to discuss this, but we have often the discussion about the ratio. What ratio do you use, Patrick? And I'm using for my site always the ratio 41.26.

[00:03:05.09] - Speaker 1
And this is fixed. I don't change it. I don't recalculate this. That's fixed. Why?

[00:03:14.14] - Speaker 1
Because it works. And why I not change it? Because it works. And because it works, I don't change it. Simple and easy, no discussion.

[00:03:29.02] - Speaker 1
Don't ask me any questions again, Patrick, why you don't change it? Because it works. All right. I have not to recalculate the ratio. Why I should change a winning system?

[00:03:43.08] - Speaker 1
No reason. All right, okay, so then we are. We are now on the same level. All right, so My ratio is 41.26. All right.

[00:03:54.20] - Speaker 1
All right, so. And here we go. So first thing first, I'm looking for really important gamma levels, Q levels. One of the most important Q level is of course the one day expected move max. So it gets from me the blue color.

[00:04:13.24] - Speaker 1
Boom. Here we go, blue. And then I'm looking also for the one day expected move minimum, same color, boom. Blue. All right, and then what's the second important one?

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Core resistance on my point of view. All right, I map this out. Core resistance. Core resistance. Get from me the color red.

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Boom. Boom. And then what is also really important? Put support. All right, where we have put support here, my friends.

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Here we have to put support. Boom. Put support. Get the color green for me. I add this boom here.

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Let's go. Boom. We have now the put spot. Did I miss something here? I miss high volume.

[00:05:11.20] - Speaker 1
But we have here high volume. And let's take a look. No, we don't miss something. So for this case on the QQQ gamma levels, who I plot on the NQ shot with the ratio 41.26, I map out the one day expected. Both maps the call resistance, the put support, the one that one day expected with minimum and the high volume.

[00:05:38.01] - Speaker 1
That's it. So did I need the QQQ levels anymore on my shot? Of course not. It is boom. All right, the next one now we're going to the NQ futures from Mentor Q.

[00:05:53.09] - Speaker 1
Same, same stuff. What we're doing now, one day max. Boom. Looking for the one day max. Get the blue color.

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Boom. Then we're looking for the one day max, minimum. Where's the minimum? Or right here we have the one day expected. Here we go.

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Blue color. Same. And then what we're looking also we're looking for high volume. Boom. Here we go.

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High volume. Get the color orange for me. We add this also so that we have blue, red, green, orange. All right, that's our main colors. And what we have also we have to call resistance here.

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Look at this. Here's the core resistance. I like it so much. I like it so much. Boom.

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Did I miss something? Yeah, I miss also the high volume. Here we go. High volume. Get the color orange.

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Go. That's it, my friends. That's it. Put support. Of course, double check is always good that we don't miss it.

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Put support. Get the color Green boom. Double check if I miss something. No, I don't miss something. And now what I'm doing is hide the levels.

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Then for you I will change to my regular time frame. And here we go. Now we get the roadmap. Now we have our roadmap. My friends, this is the roadmap from today on my end queue and based on the roadmap as I was told to you, I will plan my trades.

[00:07:44.13] - Speaker 1
But first things first, if you know me, I, I'm most of the time trading short. No matter which market direction we have. I have a strong BS and short selling. This is my edge. I'm really good in shorting the market.

[00:08:06.23] - Speaker 1
If the market goes up, I find opportunities where I can place my shorts maybe for 20, 50 points and that's it, I'm out. And this was also in my, in my mind. So we know, everyone knows that the market is really crazy in the last few days. We have a strong uptrend. And for this reason I was looking for a really good opportunity where I can go into the market and place my short.

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And what was for me, based on my experience, the best opportunity to go short, it was based on the core resistance. So let's open this again. The QQQ and the Q levels for the futures. We have here the core resistance. You see it?

[00:08:57.02] - Speaker 1
Core resistance, core resistance. So and this was my trading plan, my friends, short below the two core resistance. Because I was thinking if we break this area, if we break the booth, the core resistance, then we get a strong momentum to the downside if we cannot hold this. And this was exactly what was happened for this reason what I was doing, I was placing a little bit higher to this price area. My first alert.

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You can do this really simple, you can do here at all on nq. Boom. And that's it. So here you have your all out and Q crossing. And if the price is crossing, I get my all out.

[00:09:46.16] - Speaker 1
And this is something what I was doing and then I was showing up, I was looking into the market. Hey, interesting. The market comes in my favor because lesson attention. We don't trade the market, the market comes to us again, we don't trade the market, the market comes to us. And this is a huge, huge difference if you trade the market or you let the market come to you.

[00:10:25.07] - Speaker 1
All right? And this is something what is in my mind so strong I let the, I let come the market to me not trading the market. And this is why I set my alerts to be show up when it's a reason to show up. And this is what I was doing. But I know based on my experience, when we hit first times, strong areas like call resistance or put support or high volume, we get the test.

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And this was exactly what was happened. Boom. We test this level, we get the pullback. And then I was in, in the second one, I was in here. This was my trade entry.

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And I trade this to here. As you can see in the futures trading room where I was really, really open to you with my entries and my exit. You can see everything. I will not show this now here in the video because I wanted you go in the futures trading room for mentor queue. Look into this and learn from this.

[00:11:34.19] - Speaker 1
But here's my explanation why I was doing this. As I said, I'm not trading the market. I let the market comes to me number one second, I'm not trading the first test. Because if we, if we would trade the breakout on the first test, most of the time on strong gamma wallets like call resistance, put support, high volume, one day max, one day minimum. What you receive the pullback.

[00:12:07.12] - Speaker 1
And the pullback can hit your stop loss very fast. And this is something what I don't want. And for this reason I'm looking for the second test or the third test. But here it was the second test and I was showing up. Boom.

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Going in and going out. If the market was rejected, I was going out take my profits. It needs only 15 minutes. And that's it. Boom.

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That's it my friends, that's it.

[00:12:41.00] - Speaker 1
Nothing crazy, nothing big. Simple and easy. Let's repeat it together. Number one, we don't trade the market. The market comes to us.

[00:12:57.00] - Speaker 1
Number two, have a trading plan, have a roadmap and trade only your A plus setups where you think like this works for me. My A plus setup in this market condition was the core resistance break. If you break the core resistance, I would take it. And now Patrick, you can ask me, Patrick why he was going out here. I was going out here because I was, I was a little bit scared.

[00:13:28.08] - Speaker 1
I was thinking about one, the shot was working good. I was making nice profits. But I don't want risk to pull back. And I was not strong believe that the market came down. What was happened?

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What we can see here. So we came down. I was not, not thinking about this. Why? Because the market was so strong.

[00:13:47.12] - Speaker 1
Of course, if the market is now, now done and we see now what was happened, everyone can tell you, man, this was clear, you can think about this, blah, blah, blah, blah blah. I give a shit about this because It's a big difference if you be in the market and you trade based on your rules or if you recap something and say what what what would be the best decision? But to look in the past and say what's the best decision? Is most of the time simple and easy. But it's completely a different approach if you be in the market.

[00:14:26.01] - Speaker 1
And for this reason I was going out because in my point of view the market was really strong. I was never believed and it came so hot down. That's it. But in my mentorships, when I give one to one mentorships to the people, I say always to the people, hey, we will win and we will learning. But what we was learning today.

[00:14:57.02] - Speaker 1
So and I asked myself also the question what I was learning today? My learning from today was Patrick, why you was not thinking about that the market can became much more down. Why you have to believe that that's enough. The market cannot come down. Good question.

[00:15:19.04] - Speaker 1
I have to be look into this. I was doing some some analyzing stuff. So what I was missing, what I was not seeing or was I only looking in the past? So on my past experience or did I have not an open mind? So I was request myself also what I was learning and why I was going out on this case, why I was not re entry.

[00:15:51.24] - Speaker 1
Why I was not thinking that the market can much came more down? Good questions. I was making really nice profits. And also because I'm taking the wins. I asked myself what I was doing wrong.

[00:16:06.16] - Speaker 1
How I can improve myself, How I can become better tomorrow, How I can become a better trader. Ask yourself every day how you can become a better trader, how you can grow so important, my friends, really important. How you can become better every day and you can come better every day. On my point of view, only with if you haven't strong, why if you have strong goals. I don't mean my goal for this week or my goal for the next year.

[00:16:49.23] - Speaker 1
No, I mean your goal for the next 10 years, my friend. How you will be in 10 years. Where you will be as trader in 10 years. And then become so excited about your goal that you want to work every day on your vision where you'll be on the 10 years. And this is something what I'm doing.

[00:17:15.04] - Speaker 1
I. I share with you my goal. My goal in 10 years is have 10 billion under assessed in 10 years. And this is why I'm so hard to myself. I know I must make profit. No question.

[00:17:28.15] - Speaker 1
Good day. Everything was working. But why I was leaving so much profit on the table? What I was doing wrong. What I was not seeing.

[00:17:41.02] - Speaker 1
Why I was using my past, my past experience. And let this come to my trading decision. Why I have not an open mind.

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And this is a big big advice from you champs. From me to you. Do it. Do it. What I was saying to you.

[00:18:03.24] - Speaker 1
All right. And then last but not least, my friends, we get the question about the Q levels at the gamma level. So what? Gamma levels are really really important. And I think really important is as I said, the one day max, minimum and maximum.

[00:18:25.24] - Speaker 1
The put support, the core resistance, the high volume and the zero dte ones. And why we can have now mathematically stuff why based on the options market, blah blah blah blah blah. But you know. Exactly. My goal is to simplify trading.

[00:18:51.01] - Speaker 1
To go back to the roots. Go back to the basics. Anytime, no matter what. And the simple answer is because that's strong support and resistance. That's it.

[00:19:05.19] - Speaker 1
That's it my friends. One day max, One day minimum call resistance, put support, high volume, go back to the basics. Strong support. That's it. That's it.

[00:19:20.03] - Speaker 1
And what we get on strong support and resistance, price action and what pays us volatility. That's it. Simple and easy, my friends. Don't over complicate easy stuff. All right?

[00:19:36.12] - Speaker 1
And I'm not a mathematical guy. I'm not an options trader. I'm only in futures contract trader. I'm. I'm using the options data to become a better trader.

[00:19:49.09] - Speaker 1
But I have no idea about the mathematic behind, about all the theories behind. For me what's really important. As I said, the basics to understand that strong support and resistance we have on this areas price action and the volatility came into the market. And that's it my friends. That's it.

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But again one last point my friend, one last point.

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Why was this area also really nice to go into the trade? Of course this was the core resistance as I was saying. But remember what I was saying. It's all about timing, setup, location. Was the setup good?

[00:20:43.22] - Speaker 1
Yeah. I was explained this. Perfect. A perfect setup. I like it so much.

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Was the timing good? 100. Was the timing good? Why was the timing good? Because look at this my friends.

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Look at this. We get the hourly close here. Boom. We get the hourly close every time. When we get the hourly close, we get some, some clear direction.

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We get get a direction where the market can goes and that's it. Hourly close here at 9. And then the hourly close at 10. It was here. Boom.

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And we came in again. Okay. Hourly close at 9. Look at this my friends. Down move.

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Hourly close at ten down move. Magic. Yeah, magic. The hourly close is magic my friends. And don't forget, don't forget our best friend the weeks.

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Look at this. Nine o'. Clock, nine o'. Clock. We came from the put support and then wow.

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Strong to the upside. Never fight the wigs. If the WIX have a strong momentum like what we see here, this have something to say. But don't make the mistake and think about that. The VIX is synchron with the NQ or with the S P. No, that's not.

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Most of the time the VIX is a little bit faster. You see first price action on VIX or the momentum on the VIX and few minutes later you see it on the. On the futures, on the indices. And that's it my friends. All right, I think that's enough.

[00:22:34.07] - Speaker 1
It was a nice deep dive. I hope everyone taking out some notes. Everyone taking out some really cool stuff for his own trading style. Because think about every trader have his own strategy. Every trader is individual and that's it.

[00:22:53.07] - Speaker 1
And that's so good. But if you find some gold nuggets, if you find only a little tiny puzzle, puzzle, puzzle. What I was saying now to you then this is not nice. This is what we want. All right.

[00:23:09.11] - Speaker 1
All right. And as usual, if you need help, send me a message. Maybe your question will become the next video. If you want and one to one mentorship, send me a message. We can discuss this.

[00:23:22.20] - Speaker 1
And for now we see us happy trading. Patrick.