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Published by cntttam, 2023-04-18 13:19:15

Bookmap-Masterclass

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Bookmap-Masterclass

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 205 • Sweep • Is always a 90° move ! • Is always extremly fast (max. 2-20 sec.) • Leaves always a vacuum • Vacuum must be closed within a short period, always (!) • is always triggered by algos • Is most of the time the end of a swing or capitulation • Liquidity • Not existing • Sweep to a liquidity level = Absorbtion • Volume • At the beginning of a sweep not existent • At the Top or Bottom ends in a „Big Volume Cluster“ • Always followed by a massive reaction to the Big Volume Cluster in the DOM • LOB shows no volume because of the speed of the move • Chart Range Volume Profile shows no volume either (LVN = Low Volume Nodes) Trade into the Sweep Prerequisites

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 211 • Sweep trading requires experience • Sweep indicates • a pause in trading • a reversal • Stop runs (immediate response) • Execution • Wait for the largest volume or „Large Volume Cluster“ of the sweep (1-3 sec.) • A fill on the top is in most cases unlikely (Slippage e.g CL) • Wait for a retest with lower volume • Consider this entry and place your stops above the liquidity level • It takes some time to lift off or to drop • A sweep indicates further • To clear your position (long or short) • To tighten your stops • End of the price movement • Disadvantage • A sweep can happen 1-2-3 times in a row (dependent on the instrument) Trade into the Sweep – Execution

Liquidity firm 12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 212 Trade into the Sweep – Execution 1 Sweep 90° Vacuum Sweep - Immediate Rejection Most of „Energy“ absorbed here Short Area Stop Area

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 214 Trade into the Sweep – Execution 2 90° + Vacuum Most of „Energy“ absorbed here Sweep as Reversal Short Area Stop Area Book flip

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 218 Trade into the Sweep – Execution 3 Sweep – Bottom and Top Formation Most of „Energy“ absorbed here Long Area Stop Area Book flip Sweep 90° Vacuum

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 223 Sweep – Basic Decision Table for Conservative Entries Sweep? Wait! No Retest? Wait! No Yes Yes Entry on low Volume Yes Entry ok? Cancel! No Runner

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 225 Trade into the Sweep – Execution 4 Most of „Energy“ absorbed here Sweeps in a row Short Area Stop Area Sweep 2 Sweep 1 Most of „Energy“ absorbed here

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 229 Advanced Trade: Sweep Correction Sweep 90° Vacuum Most of „Energy“ absorbed ~ 50% of the Sweep TIME!! Advanced Scalping Technique: For experienced Trader!!

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 232 • Trending Environment • Pullbacks or Reversals always in a Trend • Conditions • Move ends in a Volume flurry or Large Volume Cluster!! • Absorption of Volume (loss of Energy!) • Covering or profit taking starts • Volume • Pullback ends in depleted volume = Exhaustion • Divergence in Chart Accumulated Volume Profile • Liquidity • Good Short Term High Liquidity above / below the volume cluster Pullback Strategy - Prerequisites

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 233 Pullback: Pattern Absorption – „short“ Retracement Indicates strenght in the price movement Small short covering NO Liquidity above or below Price drops Absorption – Retracement Short Covering Liquidity above or below Price seeks Liquidity Liquidity acts as Resitance or Support Absorption – Continuation Liquidity was absorbed Book flipping LOB – Market Order indicates the strenght of current market Pullback „small“ covering Pullback „Big“ covering Pullback Pullback

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 234 Pullback – Scheme and Execution Most of „Energy“ absorbed here Short Area Stop Area Exhaustion Volume Cluster Short Term Liquidity in the LOB Divergence

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 235 • Pullbacks happen always in trending moves • Pullback Entry • Look for Short Term Liquidity above or below the last Large Volume Cluster • Let the market trade towards the Short Term Liquidity • Remember: Price seeks Liquidity! • Place your trade below or at the Short Term Liquidity • Stop must be above the Short Term Liquidity • Volume • Low Volume close to Short Term Liquidity • Exhaustion is indicated • Watch Chart Volume Profile (CVP) for LVN (Low Volume Nodes) Pullback Strategy– Execution

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 Stop Loss above POC Sell Volume Cluster Stop Loss aggressive Recall exhaustion Set realistic limit order Target – High Liquidity Book sweep 239

Bookmap™ Strategies Part 2 Correlations

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 245 Syllabus Absorption Liquidity Strategies Correlations Auction LOB Exhaustion Adv. Analysis Tools Book Flipping Spoofing /Layering Quote Stuffing Stop Runs Bookmap™ Oganization and Data Presentation Data Feed CVD Large Lot Tracker Ice berg Detector Volume Imbalance POC Sweep Practice Practice Practice Practice

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 246 Trading Advice Correlations gives an additional level of confidence in trading. Utilize this additional information in your daily trading decisions.

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 247 • Many markets have close interdependencies Correlations help to see and recognize the direction of a market • Correlation is a statistical measure that determines how assets move in relation to each other. (https://www.investopedia.com/articles/financial-advisors/022516/4-reasons-why-market-correlation-matters.asp) • Although Correlations exist, they must be always viewed in the economical context. Correlations

12 December 2019 © 2019, TTW Trading Services Ltd. based on Bookmap™ 7.1.0 248 S&P 500 MSFT AAPL AMZN GOOG FB INTC 45% NASDAQ 100 MSFT AAPL AMZN GOOG FB INTC 3,8% S&P 500 MSFT AAPL AMZN GOOG FB INTC 28,6% DOW JONES VIX Volatility Index SPY ETF Fund $ / YEN Source: https://www.slickcharts.com

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