2024-12-12

## Unlocking the Secrets of Trading with X-Ray Vision

In the ever-evolving world of stock trading, having an edge is not just beneficial; it’s vital. On this front, JR Romero offers a groundbreaking approach through his video presentation titled “Stock Trading Lesson: How to Trade With X-Ray Vision.” This knowledge-sharing session not only unveils unique strategies but also dives deep into advanced trading methodologies that G.R. has mastered over his illustrious career.

### Insights from JR Romero’s Trading Expertise

#### Understanding Market Dynamics with Advanced Tools
JR Romero, a seasoned momentum and price action trader, highlights the limitations of traditional trading tools like candlesticks and emphasizes the power of advanced analytical tools that provide deeper market insights. According to JR, these tools help in uncovering the true dynamics of market demand and supply, something candlesticks alone fail to achieve.

#### Beyond Candlesticks: The Power of Tape Reading
JR’s approach is deeply rooted in tape reading – a method that examines order flows and transactions beyond the superficial layers that typical charts offer. This involves analyzing how stocks are bought and sold at different price levels, which can significantly enhance the accuracy of entering and exiting trades. By integrating methods like volume profile analysis and footprint charts, JR equips traders with the capability to see the ‘footprints’ left by market movers, thereby trading with so-called “x-ray vision.”

#### Real-World Application and Case Studies
During the presentation, JR dives into practical case studies such as a detailed analysis of Nvidia stock. He uses specific tools like anchored VWAP and regression channels, combined with footprint charts to illustrate how traders can spot high probability entry and exit points. These examples effectively showcase how the integration of these advanced tools can lead to successful trades.

### Revolutionizing Trading with Innovative Methods
By embracing JR’s methodologies, traders can significantly improve their ability to make informed decisions based on comprehensive data analysis. This includes understanding absorption, consolidation, and distribution phases in market cycles more accurately and comprehensively.

#### Educational Opportunities and Resources
For traders eager to learn these advanced techniques, JR offers specialized courses and workshops that delve into the intricacies of tape reading and its application in today’s fast-paced markets. His courses are designed to empower traders to move beyond basic chart patterns and indicators, to leverage real-time data and sophisticated analysis tools for better trading outcomes.

### Conclusion: Mastering The Art Of Modern Trading
JR Romero’s “How to Trade With X-Ray Vision” is more than just a trading lesson; it’s a transformative approach that challenges conventional trading wisdom. By adopting these advanced techniques and tools, traders not only adapt to the complexities of modern markets but also gain a significant competitive edge.

For those keen on mastering these skills, following JR’s detailed lessons and tapping into his extensive trading knowledge could very well be the first step towards achieving trading mastery in the modern financial landscape.

Watch this video below for more info:

Stock Trading Lesson: How to Trade With X-Ray Vision – Hosted By JR Romero



2024-12-12 10:46:08
1) Hit “Add to Calendar” down below to set a reminder (HIGHLY RECOMMENDED)

2) When JR goes live on Wednesday, the video player will appear on this page.

ABOUT THIS EVENT:

Tape Reading is dead.

The old-school way, that is.

JR Romero is going LIVE on Wednesday to show you he predicted:

-Bitcoin’s rally from $32K to $104K+
-Datadog’s big move from $135.25 to $169+
-Tesla’s shocking rally from $172.50 to to $370+

How?

With his ‘New School Tape Reading” strategy that gives him virtual X-Ray Vision when breaking down the charts.

So if you want to see this unique Tape Reading method — which works GREAT for swing trading — do not miss this event!

-T3 Live

P.S. Don’t forget to set your Calendar Reminder here!

Video transcript:
ladies and gentlemen it is time to learn how to trade with x-ray vision with my favorite Trader in the world J.R Romero and yes he is my absolute favorite just don’t tell anybody else but J.R you are the man so how is everybody doing out there I hope everybody is excited to learn Jr I I understand you had a fun day with Tesla today so how are you doing Cricket Jr Oh I thought you were asking the the the room I’m doing great had a fantastic fantastic day today uh ever since Tesla went gamma positive over for 100 we’ve just been uh the key level was 379 and 372 we were we started going heavy there and just trading the up move with a great Gusto and alacrity and today we had a follow through day on Tesla with volume and just you the gamma squeeze was uh fantastic so uh just a great day in the room alacrity it’s a very unique word we don’t really hear that in the markets very often so guys let let us know where you are dialing in from we have our friend Katie from Detroit Katie are you from bidge Brooklyn originally by any chance I used to know a ktie Kennedy keyboard Warrior one of our Legends he’s in Tennessee we have Florida Oregon uh Nantucket Massachusetts Colorado Tampa Utah Toronto we have we have a Canadian in the house very nice perfect I I am half Canadian J.R so that that is not acceptable language I love my Canadians I just like the Rhythm a little bit yeah okay so guys type in 11 if you are from the momentum Express vtf with JR we just want to see we have any any folks in the room give us an 11 special people know what the 11 means or just give it us an 11 if you are excited to learn from Jr so let’s talk a little about who my friend Jr is so Jr runs our momentum Express vtf it’s one of the largest trading rooms in the industry he is a price action and momentum Trader with a heavy emphasis on news flow and relationship based trading he’s worked for some of the largest hedge funds in the world and he went to unfortunately he went to Columbia University very very sad but Jr is one of the Legends here and I absolutely love working with him because I learned something every single time I work with JR so some fun facts about just Jr’s community so his room 526 members as of Monday people are from all over the United States plus the UK Switzerland Spain South Africa Slovakia Singapore and a whole bunch of other countries which just shows you how awesome of a community Jr has and how many Stu like happy eager students he has all across the globe So today we’re going to turn we’re going to learn about why pure candlesticks can fail you Jr has the Cure he’s going to show us what really works um and if you’ve been waiting for Jr’s tape reading course I know a lot of you people in the room have been harassing Jr for this since like 1979 but we are going to talk about it and it’s going to be completely different from what you expect and so we’re going to go over what tape rating is what Jr does differently again where candlesticks fail and we’re going to give you a very special opportunity with JR okay so in basically you know the good old days of not books and simple time and sales are over now it’s all about x-ray vision yeah tdv says he’s been teasing it since 1981 okay so Jr so I do think like the big question is when I when I think of tape reading I think of Trading Places I think of Billy Ray Valentine with W with the pork bellies and talking about the GI Joe with the Kung Fu Grip so can you give us briefly like how you define tape reading sure uh tape reading in my opinion is the analytical review of orderflow in uh whatever way you can get it you know uh Richard woff used uh used the tools available during his day which were basically ticker tape and point and figure charts and today we have a wide array of tools uh I I often like to say there’s nothing wrong with watching time and sales if you use it as a gauge so you know you know if you have if you look at the dashboard on your car you’ll have a you’ll have your RPM gauge you’ll have your temperature gauge you’ll have your speed gauge time and sales which is you know traditionally seen as the uh primary uh taping tool is a tool that’s an important gauge for measuring uh velocity and some aspects of order flow but it’s a very incomplete tool so what I what I aim to do with my traders in the room is to show them how how tape should be properly read in the 21st century because we have a a vast array of tools and analytical methods to get a much more complete picture of the behavior and strength of the supply demand cycle okay so um is it fair to say you’re filling in the blanks with next generation tools with our good friend peard here yes captain that is correct okay so um I know like a big point you make is that candlesticks are a very tiny amount of information because you have the high you have the close the open and the low so what is missing from candlesticks uh candlesticks uh don’t really give you a complete picture of the uh Supply demand and strength the Dynamics of the auction and often times you don’t really get to see uh you know within a five minute candlesticks you have a Candlestick you have an actual full world of orderflow information that you just don’t see you you don’t see you know as you are going higher how many orders were actually be being filled on the bid you don’t see the actual diverges the Delta divergences within each candle uh that you know may be actually critical to you understanding what the key level is within that particular five minute auction especially if you’re you know say for example you’re an intraday scalper and you have a very large candle within that large candle there are very important levels uh that uh the candle does not expose so what I aim to do is provide my Traders a better understanding of how the behavior of the order flow can give us a better idea as to what’s actually happening are you in a period of absorption a period of consolidation are you uh in a period of reaccumulation or distribution just looking at a Candlestick pattern alone does not give you enough information okay so you Jr you’ve talked often if you watch our live streams um you often talk about how of the market as a price auction and you know you’ve told us you’re just a Jewish guy from Brooklyn and you talk about the idea of being a merchant so with you how does your style of tape reading fit into that idea of a merchant analyzing the auction in real time yeah so you know um wof and Dalton are my bigger influences and you know I I’m constantly looking for value and it imbalances in value within the auction and and so the the Candlestick really does not give you enough information a Candlestick is like you know you you flash your you flash a flashlight at someone and you’re seeing a shadow on the wall it’s a it’s a shadowy representation of the auction but you’re not actually you’re not actually looking into the guts of that auction and the candle stick right you can look at time and sales but it goes by so fast that you don’t have the ability to really assemble those key price level especially for example if you’re trading um you know Nasdaq futures and you’ve got a candle that’s 20 points or Tesla and you have a five and a half Point candle there’s a lot that happens within it that’s really really important and and the human brain does for most people doesn’t have the capacity to sort of index all of that information and retake especially if you’re dealing with u you know a a 10 to 20 bar uh inaday scalp there’s a lot that happens that’s very difficult for the brain to sort of index and analyze and retain okay so you just mentioned trading Nasdaq futures now with your style of trading can is price just price does the instrument matter like can you use this with equities options cryptos like are there any limitations in term of price no there’s no limitations excellent okay do you want to P pull up your charts and start bringing us through some of these ideas and I think this is going to be really interesting for people because and let us know in the audience are you only using standard Candlestick charts and your run-of-the-mill indicators like trend lines and moving ad averages and those things let us know type A yes if you’re only using candlesticks right now okay so um I you know because we have Li time we’re we’re doing two examples today and it’s just a a very quick snapshot of uh what we’re going to be going into so let me go ahead and okay we’re getting um whole bunch of yeses everybody saying yes except for keyboard Warriors being a wise guy I know your real name keyboard Warrior you better watch it okay one say to PO favore we’ll be up here in just one second there we go all right perfect so this was um you know a trade we’re we’re still actually in uh you know uh Derek and I Derek golden Smith and I really liked the idea of the pullback in Nvidia uh back uh last week uh you know we said there’s a demand Zone important demand Zone r one 3 150 one um uh uh yeah 130 150 or so so the first thing I did was I anchored a vwap on the September 11th Breakaway bar which gave us the this entire sequence here and then uh you know I I really like channels since since the late August we had a new igniting sequence in Nidia that gave us a very strong trending Channel okay and we’re talking about this day over here uh which was last week this uh Little Candle the Candlestick so we were looking at buying the bottom in Nidia and so we you know plotted the regression Channel saw that in video was coming to the bottom of the channel it was at the September 11th anchor vwap which is the igniting bar you know you have an a pivot a b pivot and a c pivot in the channel and so that was the key uh uh anchored vwap and then we profiled I profiled the move and and I you know like like I said I’m a big fan of trading trading value areas and saw that we were right into the intersection of the anchored vwap which is the green line and the value area low so that was the key criteria for buying the dip in Nvidia which went into the 145 146 handle here from the 13175 132s and so now we’re going to go into the actual order flow so I can show you how I made that determination so this is that day and what we’re looking at here is uh basically a footprint chart it’s a it’s a type of chart that actually literally gives you an x-ray view into the flow of orders at every step of the candle right so the orders on the left are the orders on the bid the orders are on the right are the orders on the offer and each of these These are 10 cent increments I didn’t want to have a you know a a a six inch scale for for every candle but the idea here is is to Showcase what it is that we were looking for in Nvidia now we already had a predetermined bias and a thesis right the J.R sorry to interrupt um so your chart is kind of small on the screen are you on like like a wide an ultra widecreen monitor I’m on a gigantic Ultra wide yeah can you try sharing instead of the whole monitor like like just the app just the um like if you go to present uh share screen window and then for just the the charting application I think that’ll fix it window okay one second guys we’ll be up in just a minute you know what it is I’m actually I’m sharing the slide itself uh I don’t know that I can make it bigger um is it in a like like a Chrome tab uh I don’t know one second folks technical difficulties let me see uh no it’s not in a Chrome tab should it be in a Chrome tab is it is it the PDF it is not the P I can make it into a PDF um yeah like like whatever it is if you can if you can um just show I make it into a PDF hold on yeah guys thank you for for bearing with us we’ll be back up in just a second I’m not known for my computer skills irony very ironic okay on second guys you should play some background music some nice elevator music I will for oh everybody relax take a deep breath it’s been a crazy day hopefully everybody’s been making money Jr was doing indecent things to Tesla today we were doing some very ugly things to Tesla things that should be illegal in Most states I say all right so let’s see here let’s go to our page we got a PDF okay thank you for your patience guys we love you out there thank you sorry about this guys I’m just making this a little bit bigger one second guys it’s too [Music] big what are you get what are you trading out there guys what is everybody trading today you guys in Nvidia you guys in Tesla paler okay I have uh let’s see foxit PF all right tell me if this is better guys this is better it’s much bigger we can go with this the music is over unfortunately thank you thank you everybody for but that gave us the opportun let some more people in so we’re up to almost 500 people watching thank you everybody we love you all right perfect so anyways so we have that we have that demand Zone in in in Nvidia so this is the down day Nvidia gap down here and we really wanted to uh to buy this relatively important demands on Nvidia run 13150 132 and so you know Nvidia G down and immediately started selling off okay and what what we have here is the visual representation of the prints on the bid and and the asside okay and so inid came in very very heavy volume this day uh and and what you what you saw was a tremendous number of prints on the bid here you had uh you know uh 1.2 m798 th000 77 uh 779 th000 and 37,000 by 20,000 so uh we were coming into to uh the 13170 and they had breaken the 132 handle we saw a distinct decrease in volume on the bid and then a very quick uh jump after a rounding bottom sort of accumulative schematic uh a rejection of these lows due to lack lack of salar honestly and that told us that our the level we had plotted was correct and so Nvidia reversed and Clos near the highs on a very green print that bright green print right here that you see up top is your actual uh point of control your most traded volume of the day so Nvidia came in very very red prints being absorbed by passive orders uh and then when they broke that level you see here only 37 37,000 orders on the uh on the bid which is minuscule for NVIDIA and then the the the trade intraday reverse higher Clos near the highs um with 73,000 by 2 million on the offer and so that was that was our our our signal and you know we’re buying Nvidia right here with all these passive biders that the trade was on and then the next day you gapped higher and you have another what we call a p-shaped profile which is basically a volume profile on the on the footprint that denotes most Buy near the top that is a very bullish signal especially on a gap up off of a demand Zone denoting again more bullish interest more bullish interest in in uh in uh you know uh re accumulating Nidia post the Gap up and so we had a inside day here off the daily 21 which is normal and notice you have a on top of each of these candles on day three let’s see if I can I do you guys see my annotations or you can because I’m um on day three here uh can I annotate within this app I don’t know that I can um I’ll look at that in a second uh let’s see if I can do you guys see this oh there we go y we can see it okay so here’s your summary of volume okay and what you see here is that you had more selling on the bid than on the ask despite uh the fact that Nvidia actually gapped up and went higher this is called a bullish Delta Divergence in order flow and it’s actually a really bullish signal right that despite the fact that you were selling more on the bid than on the ask or in transacting more on the bid on the the ass the the buyers managed to pull it higher and then on the on the next day he here you have a little bit of an inside day with a push toward the 21 and now the Delta is fullblown positive so uh you have here basically uh a major accumulation date and absorption day right you absorb these sellers okay and close near the highs then a a uh breakout day with a lot of uh a lot of volume and then two re accumulative inside days with what we’re looking for which is positive Delta flow and points of control that were extremely green okay uh finally uh on the on the on day on day five you have the big p p-shaped profile day that takes you higher on Nvidia uh and basically what this ends up looking like is a giant bull flag right so this is the X-ray type of vision we’re talking about here where you’re looking inside the candlesticks uh even on a swing trade and you’re making determinations as as far as um you know where real V value is if there’s a um an imbalance and value which there clearly was down here okay and then really who’s in control of the auction which in case was clearly the buyers uh and then finally you you basically broke out of this reaccumulated structure here and you got the mark up through 145 uh the key level to watch was um was uh 14250 around here and uh they cracked that here you can see here uh that was your PRI overhead Supply Zone and you can see here a big big uh print that looks red right that means uh you know you had you had a lot of uh a lot of prints on the bid but despite that the buying pressure was was so strong that they actually got through it uh and then on the second on the on the finally the sixth day okay the point of control on the day was right here and you see they uh they managed to uh absorb this prior point of control here and push the stock price higher and so that is a you know prime example of how we lose we use tools like uh volume profile analysis and and uh uh price volume analysis in conjunction with orderflow tools to tape tape read our way into really effective entries precise entries to capture big imbalances big imbalances uh in value and uh capture very large gains so that’s uh here okay perfect I don’t usually use the this PDF tool so I’m a little rusty with a a okay so this is an intraday intraday trade example uh much respect to Elon uh so first of all I just want to set the background here in terms of net gamma exposure it you know we had a clear kind of call wall around 400 uh and and Tesla had just cracked 400 and defended the level the key level we were looking at to enter Tesla and traded aggressively to the long side was uh like 372 and then 379 so we’ve been trading the entire um sequence on the daily chart inaday and then you know when we came in to this day we had clearly cracked 400 uh and had a beautiful um opening drive here which I didn’t trade until later right I didn’t I didn’t trade this Tesla uh how do I undo here control Z sorry edit sorry guys sorry live television I apologize all right thank you such fancy music all right uh so yeah there it is sorry about that so anyways uh so we we did we did trade the this beautiful little buy setup here uh for a you know attempt to make a measured move but we’re going to talk about here is a much more technical trade now the the whole idea here is uh we’re we’re we’re thinking Tesla is in a really bullish context given the fact uh given the fact that we are now uh over over the four the uh the $400 uh handle and you can see here every time every time time Tesla came in and and challenged the $400 handle it just found found buyers right so that is that was a confirmation we were looking because now you know you had a b basically a little bit of a gamma flip and we started looking at this tweezer bottom here off of a rising 21 okay that was the the idea we were looking at with Tesla and we wanted to capture a move back to intraday highs right there okay so this example this first example is going to show what it is that we were looking at in in terms of the trade um in terms of the trade trade and Order flow so the first thing we did was we profiled the volume of of this fail breakout so here you have a tweezer bottom and then an outside bar reversal bullish harami and outside reversal bar okay and we were able to basically profile the amount of volume traded here and we we saw that it was about a million a million Lots okay and we had a point of control here in the middle of this bar around 40350 uh it was you know 16,000 uh 16,000 shares traded there which wasn’t wasn’t a whole lot so the trade determination we were trying to make is you know in terms of risk reward probability you know and trading this tweezer bottom and vwat pin tried here what was the likelihood that this trade was going to work so here’s a snapshot of how we looked how we used our orderflow tools and our tape reading uh to to make that determination so here is what those same candles look like okay in in a footprint chart okay we had um a a a uh uh a very strong set of prints here between 40310 and 40340 okay and U we were looking at the the top of this tweezer right here so we came in uh off these off these highs uh bounced off the 21 and then had that two ShakeOut bars that gave us tweezer bottoms right here okay these bars look like this right tweezer bottom which is T typically a sign of absorption and you saw here on the first test you have 1801 by zero at $4.50 and then 300 by 305 right very very little amount of traded volume at $4.50 again and then 100 by zero that told me that there was not a whole lot of interest in selling uh Tesla there below the level and that the 400 gamma flip uh was most likely going to hold so we set a buy stop right there right above V up around uh 4 two and a quarter okay and we were looking to match this prior climactic print so when when Tesla made its high here it made a weak High Z by 115 but prior to that particular uh print you had zero by 23,000 okay so this print right here is your climactic print in Tesla meaning the print that that we needed to watch because as we approach this level again it’s it’s very likely that you find some profit takers or maybe some some traders who were stuck in the trade so we took the we took the 402 and a quarter here okay uh and again we were we’re trying to get through 987 th000 Lots in this particular uh area of uh of the price action and and and there is a scalp right we uh take four two and a quarter and you have a partial sale here and you see here a very strong again what we call a pshape profile meaning the majority of this of this of this flow was taking was take was happening near the top of the candle right so in terms of my trading decisions as a as an intraday Trader okay that tells me okay we’ve reached this prior High here we have a nice profitable trade I have to make one of two decisions I have to either add to the trade or take partial profits to finance my stop okay now because I’m I’m using uh I’m using uh orderflow to determine my stop my stop isn’t uh the bottom of this candle $4.50 my stop is where these big prints are right I know that if they can’t defend these prints we’re going to go to the bottom of the candle so I having you know as we say x-ray vision into the flow of orders I know that if we can’t hold the 21 which happens to be you know this big print and this big print and this big print that we’re most likely going to test the Lo and I’m not going to wait until I test the Lo to stop out of the trade right so I’m looking at financing my my my trade this is my risk okay this is my initial uh reward which is about 3 to one so that’s a pretty good scalp and that’s how we made that determination and as you can see here as we go higher into this prior minor overhead Supply Zone okay you have some trepidatious Sprints right some some selling on the bid here 1920 by 1730 13 but as we get through this value area high the volume of the prints increases thereby giving us the much vaed and look for p-shaped profile and the actual profile of the volume within the candle again perfect example of having uh you know your prints displayed within each candle giving you a an enormous Edge as opposed to someone just looking at an igniting bar right sometimes you you your your candles have a lot of volume in the beginning of the candle and they close near the highs but they close with thin volume the likelihood of having follow through and that kind of volume profile is very very low okay and so that was uh a great example of using you know very traditional type of setup which is your your you know your tweezer bottom off of a medium moving average but understanding uh having a much Keener understanding of the actual important liquidity levels near the low so you don’t have to take a full stop and understanding how much uh overhead Supply you actually need to absorb to make this upside trade work and as you see here n you know 900 ,000 or you know 980,000 shares to absorb when you’re doing you know at least a million or more shares per candle is not a whole lot so again this was a great risk reward and but much more importantly great probability right and so uh we saw the break of value area high here at 40340 and you had some trepidation here some volume uh at the the prior high right this was the prior high and then as soon as we close at uh Zero by 826 meaning the most of the mo most of the orders were on the offer there okay we opened a little bit lower not a whole lot of volume uh off this little pullback and we just RI higher so not only is this really helpful in finding targets it’s also really helpful for making sure that you you stay in the trade so next in the sequence okay later in the day we had a a bullish reaccumulation here at 40610 okay and so we had a a buy setup that triggered here okay I actually missed this buy setup uh again the whole theme in in this entire sequence is Tesla’s going through gamma flip we are now uh we are now uh in a highly bullish context okay and we’re looking for signs of reaccumulation so we can find the best risk to reward trades with high probability so uh Tesla had gone uh prior to this bar uh to the left uh had made two important highs 408 and 409 okay so we’re looking at this at this uh re accumulative structure here here was the buy setup I actually missed this one and then we have two inside bars and we see here the these inside bars are Delta positive still okay and we have that nice uh igniting volume here and then digestive volume and then off these uh off this candle we have a a quick ShakeOut the ShakeOut we have 1100 by 325 not a whole lot of volume denoting absorption right you you had some a few passive biders here at 405 and then we rock it higher and finished uh 16,000 by 21,000 as as soon as this candle closes deep in Delta positivity here uh we rock it to 408 and 409 okay so again being able to look at the candles and understanding that the big levels of liquidity here we’re right here at 40610 allows us to just uh take it at 40610 and not have to wait for 40640 40645 which was actually the top of this bar allows us to front run with confidence and catch those quick intraday scalps and in this case this was about a three three and a half Point move which was very nice and now I’m gonna give you guys an example of the you know the the uh the reversal okay so Tesla went to again to 40950 off that trade that we just talked about and now it’s a little bit later in the day and Tesla’s getting uh overextended we’re over 70 on the RSI uh volume’s getting a little climactic we have a nice p-shaped profile here okay but we start to notice again Delta divergences right so this was uh we were Delta positive by 40,000 shares on this bar and then we lose uh we lose symmetry in this bar right there and by the way these were all we these were all trades we called out loud in the room uh yesterday we walked Traders through this trade in real time we we did some live tape reading if you don’t believe me you can ask so um you know you you still finished to Bar Delta positive but now you have a big Divergence between this Delta and this Delta and the Delta again is the difference between shares traded on the offer versus shares traded on the bid right it’s a great sign if you combine that with um candle Symmetry and uh technicals to denote an THM top right so as soon as this happened and this bar came in I I I told my Traders the first thing I said is okay we have Delta Divergence into a uh an overbought condition the technicals look like they’re getting ready for reversal I said this is not a good place to be buying that fast moving average whether you’re treating the 90 ma the 80 ma the 10 whatever it is I said this is a dangerous place to be trying to reaccumulate Tesla here okay let’s let’s see what kind of point of control this candle forms and as you can see here we went from 40101 to 26,000 uh very quickly okay very very uh sudden Delta shift and this bar here where a lot of people were buying this dip at 131 by Z into 408 okay all of a sudden The Bu the dippers are all getting uh getting taken out right there we actually entered right at the break of 408 and I told my Traders fear not this is a very very likely a retest of 40610 we as soon as we flush 40750 you can see here we flushed uh 407 and finished the trade on what now a b-shaped profile meaning the the the U the the core of the volume in this down slush was near the lows right so we had a really nice precise entry an ad right here on this break and then we had a beautiful follow through flush uh into vwap this this trade we called out in real time in our room uh and it’s a prime example of how orderflow can keep you from doing really stupid things if you’re reading the tape properly you know better than to buy this EMA you know no better than to just sit blindly here and buy this 21 okay the Dynamics of the auction have changed you you’re going very quickly from accumulation to distribution here okay and the only way to see that properly in my opinion is through proper orderflow analysis so uh we came into uh a very heavy print here at 405 and despite the best efforts of the Bulls you can see they flush through that uh zero prints on the bid here 400 they tried to defend it and then they just flushed it all the way down to 403 which was our Target now at this at this point what’s really interesting is I told my Traders guys uh be very careful chasing this candle over candle our technicals were uh deeply oversold and I said you’re going to get one or two candles worth of mean reversion because you’re probably going to get some some short covering interest here and potential Rec accumulative interest at 403 which was a key level from before so we’re combining key uh you know demand zones from the prior uh morning in the prior session with basic technicals uh to make those determinations and what happened you get a nice p-shaped profile this looked like a hammer and then a move right back to vwap with a weak weak set of bids and offers at the top and what did I say okay guys now let’s watch let’s watch the next uh the next point of control which was on this candle right there okay 2572 by 16 334 which was basically the retest of 403 after the ref the rejection of 404 and view up so this became an interim overhead Supply Zone okay and uh in the next uh and in in the next uh slide here you can see uh this was our exit this was our nogo candle okay we are into a a demand Zone we’re oversold you have your climactic volume candle here and you can see you go from 78,000 Nega 78,000 toga 177,000 on the Delta on this bar okay so that’s why this was a nogo short I told my guys and gals wait for wait for the short covering to and you know wait for these uh wait for this short covering and the the Optimus to you know fail back a v up and we re-entered the trade properly once we broke the b-shape point of control right there uh right at the 403 as soon as we saw big Delta positive prints after this climactic cell volume 177,000 by 18,000 okay I told my people the same thing guys trades over okay this green candle was uh was um was you know at that moment deep red but we saw these prints forming here we saw these prints forming here and I said okay this is a clear sign of deep absorption of this move we saw the volume we saw the Delta shift in real time and you know while all this is happening we’re also looking at time and sales right which is right next next to next to and the window next door and so we made a very precise exit determination I think I trailed out 20 cents higher or something like that but I pretty much knew in all likelihood the trade was over and so this is a great example to the short side of not only how to make exits properly but also not fomo into oversold conditions and wait for retest of interim overhead Supply zones to capture additional downside moves off retracements and the the the road map here was very clear if you are watching the order flow and again this none of this is uh none of this is um what do you call it uh Monday morning quarterbacking we called this entire sequence and traded it in real time in our momentum Express room that’s that’s all I got Michael okay it was quite a lot so guys uh we do want to show you how you can learn all the details of all the stuff and how Jr does this in real time but before we do that type in 11 in the chat if you liked Jr’s lesson and you want to learn more just pop in 11 in the chat let us know what you think it’s 11 or nothing yep Todd’s giving us an 11 yep tons dozens of people are typing in once coko even gave 1,1 Pitbull Brian TVV Mike I think this is actually Michael Jackson is in here very interesting okay how to set up okay so we’re gonna get into all this so yeah so everybody is having a good old time okay so now I know especially you guys in in gals in the momentum Express vtf wanted to learn Jr’s tap reading system so he is putting it all together and it’s coming very soon stick around and listen carefully because of course we have a fun special offer for you guys so again we want to learn show you how you can learn Jr’s entire tape reading system and again thank you guys for all the 11 Kathy Kathy cath can we call Kathy our MVP J.R is she the MVP for 2024 um she’s my spirit animal for sure also the Chuck Norris of d trading I don’t know is Chuck Norris of day trading here Chuck Norris of day trading if you are here let us know please okay all right let’s get back to the okay so again this is this system is for serious Traders only obviously this is not casual stuff if you log into your account once a month to see what’s going on um this is not for you if you don’t know what Market hours are if you are confused at all about the basics this is not for you so Dei is saying you are not charging or are you well we can’t charge you without your permission so we can’t even get into that so okay so we’re calling this new school tape reading and again it’s we want you to trade with x-ray vision where are my x-ray goggles all right I guess I lost them in here okay so this is two days of live training with JR so J andr Jr and I had a huge fight I said Jr we need this whole thing done in three hours Jr he yelled at me he threatened to quit and he said we need to give the people two full days so this is happening on February 1st and 8th 2025 which are Saturdays and again this is for serious Traders only so this is what you you’re going to accomplish with this so the big thing is you you’re G to go beyond the two-dimensional Candlestick charts everyone is looking at everybody wants to learn about these volume profile and footprint charts and Jr is going to break them down in plain English for you because it’s a whole new way of looking at the market like you very rarely see this stuff on Twitter or YouTube this is a new thing A lot of people are jumping on to and Jr wants to help you find the top 1% of setups because you see where true supply and demand are that’s where he’s finding Nvidia at 132 Bitcoin in the low 60,000 um I remember even a couple months ago he was calling out Carnival Cruise Line and Tesla and um Robin Hood chewy he’s act he’s killed this whole Market he predicted SPS 6000 a while ago and he’s going to teach you how he makes all those big calls I could sit here all night talking about what Jr does so again serious day Traders serious swing Traders you should have some trading experience and you should be willing to work hard because Jr only wants to work with committed students you can’t just show up not paying attention looking a half asset Jr only wants to work with committed people you we once did a poll asking what do you need to work on 69% of people people said entries and exits 22% said risk management 9% said psychology now this helps you with everything because you’re going to learn about the entries the exits risk management and that fixes your psychology you can be this happy little teddy bear with glasses on the desk smiling like could you imagine yourself like this this can be you and again a small sample of what you learn rotation the trend the three most important phases of a stock Jr’s talked about absorption consolidation accumulation so you can look at charts and understand where a stock actually is again those volume profile charts anchored vwap everybody’s talking about anchored vwap right now I don’t think a lot of people know what know what they’re talking about because they just look up the number on their chart and declare it buy or sell Jr’s going to show you the right way he has a whole section on swing trading which I think Jr I think people really should listen to Jr and swing trading because he’s made a million great calls again again time and sale trading strategies I and again you’re going to read orderflow like a children’s book you put it all together you have X-ray vision like the fine fellow on the screen here so we have we have to pay respect to our friend Captain peard um you’re gonna have more patience more accuracy better focus improved stress maximum consistency because again this is about transforming your trading skills it’s not just about learning a couple of different chart patterns we want you to feel more confident as you become more profitable so again the so the pricing for the two days of live training $1,495 but since is the this is the first time out we want to make you guys a special deal so it’s going to be just $794 for you $794 for the two days of live trading you save $71 but you know what the hell let’s make it better type in 11 in the chat if we should make the deal better obviously this is this is pre-planned we’re not really doing this on the fly but just type in 11 on the chat if you want us to make it a better deal okay so if you join now you get a one-year subscription to Jr’s swing trading newsletter Edge Trader Pro which gives you Jr’s number one swing trade every week every single week this is a $299 value absolutely free so we’re going to throw this in to sweeten the deal a little bit so if you belong to Edge Trader Pro just in FYI we’re going to add one year to your current subscription term if you’re not in it you’ll get it for the next year you save $1,000 in total with this deal so recently Jr killed um dated data dog from 135 to 168 in about two weeks yes our friend David Wilson said a deal of to trade like Billy Ray yes you can be the new Billy Ray uh also Reddit another killer trade this this is this stock went absolutely bers went up like 40% in a couple of weeks Jr nailed it 1,000% micro strategy might be the trade of the Year 187 he was slapping everybody around giving this crazy price I remember live on Twitter and YouTube everybody was saying he was full of it but Micro strategy has gone absolutely Bonkers so guys let’s set it up so it’s a $1,495 value for the tape reading course $299 value for Edge Trader Pro $1,794 total value and it’s just $794 for you you save $11,000 John B is asking for a room member discount yes so John this is your room member discount it’s $1,000 on the screen right now because we’re doing this for the first time so you can go to T3 live.com tape and you can secure your $1,000 rebate T3 live.com so this is feedback from Jr’s other courses because J.R is an absolutely amazing teacher and we’ve gotten I would say nearly 100% positive feedback on his courses so Ken from Houston um I believe he took the scalping course just had the best day of my career career one week after the class Dave from Massachusetts says I’ve been ra registered for 34 years Jr is the best I’ve ever met Sharon from Oregon said no one has offered this kind of education Duncan said my favorite class about thing about the class is Jr’s humor satire and witty sarcasm yes David is so we actually have this David is here with us so again we actually have that guy in the webinar room with us Rick was talking about one of past one of Jr’s classes he said the class was worth $5,000 because of all the knowledge he learned Mark said J.R has an understandable matter with some humor Parson yes J.R makes a lot of jokes he could have been a standup comedian in fact if he ever gets out of the markets I actually think Jr should go into a comedy um Derek from Washington DC reduced my habit of going Cowboy so if you find feel like you’re impulsive this is the class for you um Jimmy from Canada he’s talking about being selective in the right trade setups Derek said J.R made me a more patient Trader Harry from Florida I’ve learned to see charts as a merchant so we’ve we we have like hundreds of these testimonials because people love working with JR again Nan from Utah Jr is the real deal um Dell from Nevada say He is 100% one of the best no denying that also a great and patient teacher so again guys go to T3 live.com tape and you can get your $1,000 instant rebate on this new program Brian saying I concur best Trader and classes that I have been exposed to so guys if you have questions pop them into the chat and I will ask our friend Jr here so Jr I think I’ll ask you the the big question what is the difference between this and any standard technical analysis C course I can go out there and learn about chart patterns and indicators what are are you going to do that’s different for me I I want my my guys my gals to think like Traders uh the the thing about order flow is that it forces you to focus on the auction itself and the Dynamics of buyers and sellers we’re not looking at the you know origami on paper and saying okay that’s a a leaping baby monkey or whatever weird Japanese pattern people are focused on or thinking like merchants we’re thinking like Traders and we’re focused on one in one thing only which is where is there an imbalance in value and how is that imbalance playing out in the order flow I want my my people to think like Traders not like pattern recognition experts that’s not enough you can be a you can be a a chart reader or you can be a Trader it’s up to you chart readers Don’t Make Money traders do so you’re saying you’re not going to be teaching the ichim mo clout not today son that’s terrible news okay our friend uh Jay Clark is asking will it be recorded yes absolutely our live courses are always recorded so even if you can’t make the live session you might as well join because you’re GNA get the full recording okay so Jr so our friend Todd is asking a good question does this work on daily and weekly time frames it works on all time frames orderflow is orderflow all time frames and and just we covered this at the beginning Jr but end all instruments so if people are trading crypto Futures stocks it works on everything with the price I assume yep we’re just tracking the uh we’re track the reason they’re called footprint charts is because in this case is be because we’re we’re tracking the footprints of the auction we’re tracking to see who has the upper hand in that particular section of the price cycle and where the where the auction is most likely to break in terms of demand and Supply uh you know as as breakout Traders as day Traders where we’re looking for is inefficiencies in in the auction inefficiencies in in value and the the in my opinion the best way to find that is through orderflow analysis excellent and I will thank our good friend Elizabeth for being the first ever student for new school tap tape reading so Elizabeth if you want to say hi inside the streamyard chat please do thank you for joining us cheers okay so Jr a b a question we were getting in the chat was um what platform are you using for your charts uh I I use uh for uh I use uh trading view for my general charting and tc2000 for my footprint charting my order flow I use a a platform called ATS atas okay so uh Peter’s asking not really for a beginner so JR this we should just let’s just be like totally honest how much experience should people have to join up look in my opinion this is the most important aspect of trading the if you don’t have uh if you don’t have the basics of uh of technical analysis down you’re going to struggle yeah okay and I I will say this just to everybody out there at T3 we try to avoid having people sign up for things they shouldn’t sign up for so we’ll tell you flat out if you’re like a total beginner and you’re just getting your feet wet do not sign up for this yes it’s a great deal but do not sign up we don’t want you signing up for things that are too advanced for you so um what other questions um do we have out there in the audience Okay so like so PE just so people understand what they’re getting into um like how much detail are you going to be going into in these with these Concepts uh by the time we’re done people are going to have a clear understanding of how to read time in sales uh along with u depth of book depth of market and we’re going to have H they’re going to finally you know people ask me all the time how do you profile uh the way you do why do you profile the way you do that’s we’re going to go in depth into a volume price analysis and then we’re I’m going to go in depth into uh you know real world setups that you can make actionable uh and execute with a great deal of precision using this information so we’re going to go pretty deep okay um Todd is asking do you get recordings of the day’s lesson if you buy yes yes we we everything is recorded um because a lot of people like to go back and watch um these things over and over again okay so J.R um can you talk a little bit about the importance of um bookmap I think some I don’t know if it’s the proper term but somebody’s talking about bookm bookm bookmap charts yeah book map is a good tool it’s basically a u liquidity map it’s like having a visual level too it’s it’s a great way of uh looking at current and past liquidity in the market um so if you can imagine level two visualize uh uh in color coded within uh within a screen with giant bubbles um that’s what it is but B primarily bookmap is a depth of Market tool Okay and like I use it I mean it’s great yeah so a lot of these tools like um like the footprint charts and volum profile why do you think people haven’t caught on to these just yet I I see them maybe once a week some random person will will pop one on Twitter but why do you think they’re not more widely used now and like what what are people missing um I think in the retail trading world there’s a a deeply performative aspect aspect of what what trading is and you know like a there’s a platonic ideal of what trading is a stylized ideal which is very easy to sell you know you take this Candlestick pattern and you plug in this indicator and uh you make a million dollars and buy a Lamborghini uh with total disregard for what trading actually is which is a very down and dirty business of uh buying and selling merchandise uh imagine if you were actually buying and selling merchandise you would need to see you would need to look at the books who’s buying who’s selling where are they buying how are they buying uh you know you don’t get that from looking at charts uh I mean you get you get a residual in uh sort of in intrinsic sha shadow of it but you don’t really get to look at the books um uh this is how trading actually works in the real world it’s how Specialists trade it’s how institutions trade is certainly how robots trade robots aren’t looking at U trat patterns they’re looking at order flow they’re looking at liquidity um and they’re look looking at tools like this as well they have a volumetric view of the market yeah I I think of people should think about this like you could look at a car’s paint job and and think you know how it’s running because it might look nice and shiny but this is going to teach you to get under the hood and look at the engine and the transmission and see what’s really working and what is not working so guys again if you want to claim your $1,000 instant rebate go to T3 live.com tape you’ll get two free two full days of trading with Jr plus all the recordings the videos the PDFs and you could watch them um over and over again so Jr um so somebody’s asking about um trading view does trading view have volume profile Footprints and footprint charts and Order flow they have a pretty good set of profiling tools they have uh a version of footprinting that they’re actively working on and they’re going to improve uh I I don’t think it’s quite ready for prime time yet but uh it’ll get there that’s included yeah okay all right and uh Jay Clark is asking does this work for daily and weekly swing trades yes absolutely Jr has a whole section on swing trading um in this course so like Jr’s made a million amazing calls this year on like Nvidia Tesla Bitcoin chewy Robin Hood Carnival and the list goes on and on so you absolutely can use this for swing trades okay so Jr that is going to close us out we are up about an hour now guys everybody thank you for joining us we really really appreciate it the replay will be going out probably within a half hour um Amber will also email you the link out but again go to T3 live.com tape T3 live.com tape and if you have any questions email info@ t3.com and put Jr send me in the subject line and that will put you right to the top of our email Quee so Jr thank you for being my favorite as always I hope Sam’s not listening but J.R thank you for being my favorite thank you Sensei all right everybody everybody have a great evening thank you