Ликвидность в трейдинге Полный курс от А до Я

Comprehensive course on liquidity in trading, explaining order types, market mechanics, and how to avoid being liquidity for major players.

Key Takeaways

Liquidity is created by traders' orders and is a key driver of price movement.
Understanding order types and execution is fundamental to grasping liquidity.
Major market players exploit retail traders' liquidity to move prices.
Not all liquidity is equal; recognizing SWP, grab, and run helps anticipate market moves.
Successful trading involves avoiding being liquidity and instead using liquidity knowledge strategically.

What the video covers

Explains how traders' orders like stop-loss, take-profit, and entries contribute to liquidity and price movement.
Covers three main types of orders and their execution, essential for understanding liquidity.
Discusses the formation of buy/sell liquidity and how major players use it.
Introduces concepts of SWP, grab, and run liquidity movements and their market implications.
Explores advanced topics like fair value (FV), gaps, order blocks, and liquidity heat maps.
Provides a strategy for identifying and managing liquidity to trade like a major player, not as liquidity.
Uses everyday examples like store purchases to explain liquidity and volume impact on price.
Analyzes market depth and price movement differences between liquid and illiquid markets.
Emphasizes the importance of understanding order execution and market participant behavior.
Challenges common trading beliefs, especially about trading reversals, advocating a contrarian approach.

Chapters

What is liquidity in trading according to this video?

Liquidity is the ability to buy or sell an asset in any quantity without significantly changing its price, driven by the presence of orders like stop-losses and take-profits.

Why do prices often move to where most traders set their stops?

Because these stop-loss orders create liquidity that major market players target to trigger price movements for their benefit.

How can traders avoid being liquidity for major players?

By understanding order types, recognizing liquidity points, and adopting strategies that align with smart money rather than following common reversal trading advice.

Full Transcript — Download SRT & Markdown

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You think you're looking for liquidity in trading. But what if you're actually that liquidity? Your stop-loss, your take-profit, your pending order, your entry—these aren't just chart actions; they're actual orders that can become part of price movement. And when you

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understand how these orders are executed, it becomes much clearer why the price sometimes goes exactly where most traders set their stops. Why does the market then reverse sharply or, conversely, continue moving? In this course, we'll explore where this

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liquidity comes from. We'll go step by step through how an ordinary trader becomes liquidity, and try to figure out how to stop being liquidity, to side with those who trade against ordinary market participants, who are liquidity. In fact, my entire channel

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is built on this logic. And a long time ago, I decided for myself that trading reversals is a bit incorrect. More precisely, this is downright incorrect, because everyone wants us to trade reversals. If that's what everyone wants, then we need to go in the

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opposite direction. The entire course will consist of five major parts. In the first part, we'll cover three types of orders. And in fact, we could stop here, because if you don't understand how an order works, a simple, regular

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order to enter a position, you won't understand what liquidity is. Most traders know what a simple market order is. But in reality, orders have a multitude of variations. And the process of executing our orders is the key to understanding the subsequent

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price movement. Therefore, we will definitely cover all three types of orders and discuss what happens when you open a position. But an order is not only about opening a position. An order is also your take profit and your

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stop loss. After all, a stop loss or take profit isn't just yours; it's also the case for a major player. And it's possible that your entry is sometimes the take profit of another market participant. We'll definitely talk about this. Next, we'll discuss what

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comes out of orders—buy sells liquidity. We'll discuss how it's formed, at what points it forms, and we'll try to figure out what these points are trying to convey and how to see them. After that, we'll discuss types of liquidity, specifically SWP

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and grab and run. In Russian, these are equivalents to "seizing," "clearing," and "continuing" movements. In Russian, these terms usually derive from English words, so we'll use "swip grab run." We'll explore how the market works, the processes behind these movements, and what a major player wants from you in

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specific situations. In fact, they derive entirely from the first part of the order. How are entry and exit points formed for other participants?

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Next, I think you didn't even expect to see in a video about liquidity: FV, gap, and order block. These are the things that people consider areas of interest, but they don't realize that these areas of interest are often liquidity. And

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here we return to the first part—orders. How the decision to enter a position is made and how it's executed.

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We'll also add the order low and a liquidity heat map. Finally, we'll create a liquidity management map and build a strategy for understanding liquidity, looking at the chart, and, essentially, what I advocate on my channel: not being the liquidity the

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market is chasing, but being the player who sees this liquidity and uses it in their trading. The goal of this video isn't to simply talk about smart trading, as all the channels and videos do. In preparation for this video, I've

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watched a lot of videos about liquidity and haven't found the information I'm about to share with you now. It's all superficial, guys. Here's liquidity, know that it exists. But what do you do with it? Why is it here, and why not

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there? This isn't explained anywhere. I'll try to close this topic. Well, as I do in most of my videos on my channel, I want you to fully understand liquidity after watching this course and ask yourself, "Why is it like this?

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" What's your goal now? Open this video in full screen, put your phone away, make yourself some tea or coffee, grab a notebook, and start watching attentively, thoughtfully, taking down the main points. The first thing we'll start with is talking about what

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liquidity is. In fact, we encounter liquidity every day. I can't say every second, of course, but we definitely encounter it every day. Let's take a look at a store. Look, a simple everyday example. You go to a store or

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a market and buy something. Does the price change after you make the transaction? The transaction didn't affect the price at all. Why? Because when you bought, say, a kilogram of oranges, there were still a lot of oranges left in the warehouse. Yes,

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even if you've bought out all the oranges at the store, there's still a distribution warehouse with a whole truckload of them. Yes, even if you've bought out a truckload of oranges, there are still plenty of other warehouses stocked with oranges,

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because they're a very affordable and popular commodity. And there's so much of them that a single purchase, or even a large one by the case, doesn't affect the price at all. So, what is liquidity? Liquidity is the ability to easily

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sell or buy something in any quantity without changing the price. I'd like to point out that when defining liquidity, volume greatly influences liquidity.

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Because if you go to a wholesale market and want to buy one box of oranges, you'll be offered them at one price.

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But if you go to that same wholesale market and want to buy 10 boxes of oranges, you'll be offered them at a different price. The item is still liquid, and your purchase hasn't significantly changed the price, but they'll be willing to make a larger

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concession based on volume. The trading market is a little different because in a trading market, you have a huge number of buyers and a huge number of sellers at the same time, both willing to buy only at the current price. If

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they want to buy at the future price, they need to wait out this entire process. We'll talk about this a little later when we analyze the market depth.

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It's important to understand that if we take, for example, an antiques auction, all items are sold individually. For example, a single vase, a single watch, a single painting, and a single seller wants to sell this item to a large

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number of buyers. It's unprofitable for the seller to sell this item at any current price. They'll naturally ask for a price negotiation, and that's what the auction is for. And this process of bargaining between different people is precisely what drives price

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movement in the market. We see this price movement when, for example, markets are closed on weekends and there's a pre-market. That's where everyone essentially places bets.

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Something like—roughly speaking, but something like buying. We must understand that every time a transaction is executed, the price moves. When we talk about the vegetable market, the price doesn't move. It moves, I couldn't draw a straight line, but it moves in a straight line. When

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we talk about an antiques auction, we have a price at the starting point, but when the transaction is executed, it moves somewhere further and then waits for the next transaction. Then, for example, it moves further again. At the

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same time, when we are buying and selling on a liquid market, when the chart is zoomed in—we're no longer talking about regular trading; our chart moves in small increments; we call this movement highly liquid. Not by 5-10%. I just recently opened the

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euro there on purpose. Here, the movement can be 0.32% in a day. Let's remember Bitcoin. In Bitcoin, we can see a movement of 20% per day. In crypto and other instruments, this is standard. In less liquid instruments, prices move much faster when trading. Here,

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for a liquid instrument, this can be a couple of tenths of a percent per unit of time. In a low-liquidity instrument, the movement is percentages, meaning several times more upward movements. We must remember th

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ordinary traders, almost always provide liquidity for a major player. To a large extent, we fill their orders and keep track. There's a saying: buy at lows, sell at highs. But the problem is that we never know where that low and

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that high are. So they always try to trick us into believing that this was a low, only to get a second, third, fourth, or fifth bottom for free. In this case, we are that very liquidity.

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Now let's compare these markets from a trading perspective by liquidity. To ensure a fair comparison, we'll compare two instruments: GPM USDT and Ethereum USDT. I've opened the chart for 5 minutes to demonstrate the difference in liquidity. When we see a highly

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liquid instrument, we see smooth movement and shadows. Yes, there is a shadow, but we see that these shadows are not blurred. Some people describe gaps as a lack of liquidity. However, gaps aren't always a sign of a lack of

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liquidity. For example, you'll see gaps in instruments like stocks. Why do gaps occur there? Because there's a market closing. A sign of a low-liquidity market in markets with 24-hour charts is candlesticks like these, where each subsequent candlestick has a huge

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shadow. This indicates a lack of liquidity to fill these orders. When the price moves with small shadows and large candlesticks, you should understand that the market is sufficiently liquid. What's the problem with a liquid or illiquid market? You

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might want to open a position, for example, we'll place an order at the lower level, and even though the price seems to be just shadows below, it might not actually fill, even though it was shown on the chart. This is because

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there wasn't enough liquidity to fill your order. When we talk about a highly liquid instrument, in fact, even Ethereum, with our deposits, is a very liquid instrument for us. No matter how much you pour into it, there will be

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liquidity. If we talk about the euro, for example, there's a bottomless pit there, because so many countries and so many banks trade the euro. From this, we can draw a conclusion. Liquidity is the ability to easily sell or buy

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something in any volume. But when you don't have liquidity, you experience price movement. You ask me, how can this be? Specifically, when you have an offer at one level, say, for 3,000 Ethereum, and you'd like to buy 5,000

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within that range, then to fulfill your desire, you need to buy that level and even higher, unless during the buying process you find sellers willing to sell at the initial level, that is, at the initial price, the volume you need.

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We'll talk about this a little later when we examine the order book. This is a very important process. This is precisely why the market moves. If we understand why the market moves, if we understand who is driving the market,

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we can take advantage of this. Liquidity is the cornerstone of future trading decisions. If you understand that there is interest at this level, then this could be where, for example, a distribution point can form, where you will participate. For example, you

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understand that there will be a flat here, and this will be your fixing point. Or, for you, this will be a point of short-term movement, since in a flat market the market will move up and down, and you have the right to get

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the right positions with a fairly high probability. But to open a position, you need to immediately understand how to do it. Order types will help us understand this. We are moving on to the most important stage of this course

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. If you skip it...In fact, everything else is simply useless for you. If you don't understand what I'm about to tell you, everything else is just empty space for you. Therefore, carefully write down as much information as possible so that you can better

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understand and use it later. In total, there are three types of orders in the market. It would seem simple: a market order, a limit order, and a stop order.

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In fact, the simplest type of order is a market order. The essence of this order is as follows. This order is traded at the best available price. So, if the price is currently $ 100 per unit of something, then if we press a

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market order, we'll likely get a position at $ 100 in a liquid market. But there's a problem here. If we're in an illiquid market and we're currently at $ 100, but we're some distance away from our nearest possible sell

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opportunity in this illiquid market ( for example, the volume of lots you want to buy is only at level 102), then when you open a position, you won't get a price of $ 100, you'll get $ 102.

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That is, you'll get the closest available price. If, when you press a market order, you have, for example, one lot at level 100, three lots at level 101, and, let's say, 10 lots at level 102. What happens if you need to

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buy eight lots? So, you want to open something at $ 100 with a market order for eight lots. One lot will be instantly filled at $ 100. Immediately after that, three lots will be filled at $ 101, and the remaining four lots

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will be filled at $ 102. This leaves four lots left in the order book. And if someone else wants to buy at the market, they can buy not at $ 100, but at $ 102, and so on. So, if you see

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that the price on, say, Ethereum is currently at 2716, that doesn't mean you can buy at 2716. It means there's some offer there that you can buy. What is offer that you can buy? It's someone's willingness to sell to you.

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In the market, the price can't move on its own. In the market, the price moves only because there are buyers and sellers. If you want to place a market order, you need to ask yourself, "Are there people who want to sell to me at

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this moment?" Well, if I'm buying, or are there people who want to buy from me if I'm selling? If you're in a liquid market, we rarely ask this question. But when we're in a market, especially in small cryptocurrencies,

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this question is always up in the air, because it often happens that your positions aren't executed at the price you want. So, the mechanics of a market order. I clicked, and my position was instantly executed. Now let's talk

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about a limit order. A limit order is a desire to return to the previous level.

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So, if the price is currently at, say, $ 500, meaning it's reached $ 500, we can assume that if it suddenly returns to $ 400, I'm prepared to open a position to, say, lock in at $ 800.

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Essentially, at this point, when we're planning for the price to return to $ 500, we're creating liquidity. Limit orders are the process of creating liquidity so that it can be executed at a later date. So, with your desire to

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buy, or with your desire to sell at, say, $ 700, so the price will fall, you place a pending order in these two areas so that someone who wants to buy at $ 700 can buy from you at that

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moment. If we recall slippage at this point, yes, without supply, if at this point there is no offer at the $ 700 level, the price will go to 701, 702, 703, and so on until the order is executed. The same thing applies to the

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limit order below. The problem with a limit order is that this limit may not always be executed. When we trade on a chart, we get the following approach.

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Let's return to the same market. Let's say we have a certain price level. And at this price level, for example, for apples, we see that the price is set at $ 5 per box of apples. At this price,

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you can buy, say, 10 boxes from one seller for $ 5. The next price that will appear on the market if you buy out the person selling at $ 5 will be $ 6. But he has, say, 30 boxes of apples.

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Mechanically, it is more profitable for you to buy apples at $ 5. But they're the same for you, right? So you don't understand the difference between them any more than $ 6. But a problem arises . You need to buy 20 boxes, not 10.

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What happens when you go to the market and see that the market price for some asset is $ 5? You want to buy 20 units of that asset. The offer only shows 10 units. By clicking a market order,

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you'll buy that volume and part of the volume here. At that point, the price will be $ 6. Now imagine someone who sets a limit order to sell the entire volume at $ 6. How does that look from

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their perspective? They see that the price of an apple is currently $ 5, but they'd like to make a little more money and sell it at $ 6, knowing, for example, that the price will eventually be $ 4, and they'll buy the apples back

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at $ 4, ultimately earning margin by selling them. What does they do? When the price is $ 5, he sets the price at $ 6, hoping that when all these apples are bought, buyers will be forced to buy from him. But then a buyer comes

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along who only needs 20 boxes. He buys these 10, and instead of 30, the seller's capacity becomes 20 boxes. The price becomes $ 6 per box of apples.

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However, there are no other buyers willing to buy apples at $ 6. What happens next? The limit order was only filled for 10 boxes. And if suddenly another seller comes into the market wanting to dump the price and sells

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apples at $ 5, the price will become $ 5. And the merchant who set his limit order for 30 boxes will not be fully filled. That's how a limit order works.

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You may not get a full fill of your position. This works both long and short. It doesn't matter which way you open the position. For it to be filled, you must understand who is currently willing to buy and who is currently

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willing to sell. If someone isn't there , there's a high probability your position won't be filled. A limit order is a buy or sell order at a historical price. If the price returns to its previous level, your order will be

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executed. What is a stop loss? A stop loss is a buy or sell order at a future price. So, if we're currently at, say, $ 300, we both understand that the market will correct. And very often, after the market corrects, it may not

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return at all. We're not prepared for that. And if we're at $ 300, if we place our stop loss order at $ 500, only when the price approaches that level will a buy order be executed.

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It's essentially speculating on the same apples, only in the opposite direction. If there are $ 5 apples in the market, but you're not ready to buy $ 5 apples, you say, "Guys, call me when apples are $ 7. And when the

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market clears out all the $ 5-$ 6 apples, meaning people come in and buy those 30 boxes, then only then will you start buying them." Of course, this is unreasonable from a market logic perspective. However, it is reasonable

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from the perspective of long-term movement planning and, for example, a breakout strategy. In my case, when I use this logic, I follow this approach.

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If the price has made a correction, I need to see that it has finished this correction and continues its upward movement. This way, I won't pray for it to reverse here. I'll just wait until it actually does reverse and enter the

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continuation of the price movement, which is exactly what a stop-loss order allows. A stop-loss order works exactly the same way in a downward movement. If the price is currently at $ 300, but I know I want to short this instrument, I

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need to sell it, say, at 220. And when the price reaches 220, my order—a sell order—will be executed. That is, someone should buy from me at this point. Moreover, the logic of this order, in fact, returning to the

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illogicality of market operations, will work more effectively in terms of answering the question: who wants to buy from me in this case? When the price drops low, people will be willing to buy this asset from me, because if

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it drops low, then let me buy it cheaper. Here in the market, this logic works even more effectively. Naturally, the higher the price, the more sellers will want to sell me their apples.

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Accordingly, when the price reaches seven and I am eager to buy, my order book will fill up many times faster.

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Why? Because trends often move, FOM traders, unwilling to miss out on the momentum, actively create liquidity. In other words, the stop order itself is a clear indicator of liquidity. I'd like to point out that when the price reaches a set trigger, a market order

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is triggered. Not a limit order, but a market order. There's a fourth type of order: a stop-limit. You set a level, and when the price reaches that level, the position will be filled upon returning to a certain price level, for

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example, $ 103. This approach is used when calculating our take profits for buying and selling. When you buy at the market and set a stop-loss, you're using a stop order. This is precisely the understanding of the price movement

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process when a sell-stop is triggered; that is, when the trigger is met, a market order is opened. When taking a take profit, when you receive a trigger and a limit order is executed, you sometimes see the following: the price

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reaches the take profit, but you don't get it because your limit order was triggered and, like this seller, you weren't willing to buy apples at the current price. And the price seems to have reached your level, even indicating that it was there, but in

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the end, there's no take profit. How does this all look on a real chart? Now I'll show you how, without using any exchanges, you can try displaying these positions on a chart in TradeningQue and even trade a little, using paper

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trading. Right-click, click "Add Order, " and a huge number of different exchanges will pop up. Your task is to select paper trading. By clicking this tab, we click "Connect," which allows us to trade. So, our task now is to see

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how these orders work on the chart. When I right-click the "buy" button, we see this text here. What does this text mean to me in this context? If I want to buy and the price is currently at 2717, I'll wait for the price to move

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down from this level. If the price reaches the required volume, my limit order will be filled, or partially filled. If it doesn't reach the required volume, I expect the price to continue moving higher. So, when I try to open this position, I expect there

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to be a large enough number of people in this order block willing to sell for my limit buy order to be filled. When we enter a position, we can set a stop-loss and take-profit. By moving this slider, we can set our stop-loss.

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What does a stop-loss mean in this case ? If the price that opened at this level moves lower, I set a stop-loss order to immediately execute my position at any available price. So, this order will be called a stop order.

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It seems like I opened it with a limit order, but it will be closed by the stop order. That is, if the price reaches this trigger level, the market should immediately execute this position at any available price. Let's

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put this into context. So, when the limit is filled, our position will open at [the limit], and below that, when the level is reached, it will be triggered at any available price. And now, finally, after some time in this

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course, we come to practical actions. Let's recall what overacceleration is and what imbalance is. Imbalance is precisely the movement created by the stop orders of other participants. This is a huge number of stop order executions. In other words, people, by

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setting their stop orders at certain levels, are saying, "I'm ready to buy anything at any available price in this case." Now the question is: is there anyone in this range who is ready to buy at the price you want to sell at?

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And if, by some miracle, it turns out that there aren't enough buyers in this , this, or that range to buy out the entire volume of orders? But you're not alone; there could be many of you. And when I say retail, I don't just mean

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you and me with our measly $ 100. I'm also talking about large funds and large banks. They are also retail for larger banks. And depending on the market, for example, in Forex, they are the small fry that are exploited and

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manipulated. In small cryptocurrencies, you and I are the tasty morsels because there are no other small fry. And the question is: will someone want to buy from you, or will the same imbalance occur, the same overacceleration, when you won't be able to fix the position?

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And instead of a stop at $ 107 of loss, you could be dragged down so much that you get a stop at, say, $ 0 of loss.

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Regarding the take-profit in a limit order, when the price reaches the specified order block and continues its upward movement, we expect that upon reaching a level of, well, let's say, $ 2,900, we will have a take-profit. In other words, we will lock in the

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position. In this case, we have the same limit-filling process. What does this mean? If the price reaches 2,900, only when there is sufficient volume to fill this position will our order be fully executed. If, by some incredibly unfortunate chance, we reach 2,900 and

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there are only 10 lots willing to buy, while we want to sell 30 lots, then the price will not go higher after reaching 2,900. But, for example, some people will appear who consider this price too high, and they will set their limit

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orders lower, lower, lower, which will cause the price to go faster. That is, when a market order is executed, the price will simply physically move down, down, down, and your limit order at 2,900 will remain unfilled by 20 units.

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What does this mean? That if the price returns here, even after being at 2,900 , at the take profit level, without being completely filled, you can get a stop loss on the remaining amount.

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That's how a limit order works. How does a stop loss work? A stop loss only works when the price continues to move forward without having reached a certain level. What does this mean?

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Right now, the price is at 2,715. We're not ready to buy at this price because we'd like to, well, for example, break out of the level—a really awkward example in terms of movement logic.

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Let's say this. If the price moves down here and begins an upward movement, we'll be ready to enter a position at this level with this movement format.

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This would be more reasonable in terms of practical application in real trading. So, we're assuming that until this scenario occurs, we won't even set a stop-loss order. What would a stop-loss order mean in this case? If the price reaches this level, then upon

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reaching the level at any available price, we'll have to buy. That is, if there's nothing at the level we set at 273763, and we want to buy, say, one Ethereum, the price will be executed higher, higher, higher. That is, at any

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available price, naturally, up, never down. What will happen at the stop-loss level? Upon reaching the level at any available price, my asset will be sold.

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What's in Auntie? Same deal. Upon reaching the level, provided there's the necessary volume for those willing to buy, only then will my position be executed. It's precisely this awareness of what's happening that allows you to understand what people would like to do

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now. And if you understand what other participants see in this case—well, very often this is related, for example , to these kinds of sweepstakes—do you understand where these participants 'stops might be, where their take profits might be, and how the price

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will behave when these levels are reached? Well, if you click a market order, a position will automatically be opened in any direction at the current price. But stops and take profits will work the same way when any level is

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reached. There will be a stop or take profit only when a limit order is filled. Understanding how these orders work, we now move on to applying them to understand what's happening in the market and where the price will move

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given supply and demand. Therefore, let's explore concepts such as the order book, market depth, and spread.

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So, we've covered the different types of orders. Now we need to understand how a limit order or a market order is executed. We've covered the mechanics.

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Now, however, we need to understand where these orders come from. They come from the order book, the order book.

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When we go to a tomato seller in the market, we're actually looking for a specific person and choosing tomatoes.

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However, in the market, in trading, we don't see the seller from whom we buy, say, Bitcoin. We're looking at this Bitcoin from the order book. So, there's someone, no matter who, no matter where, who wants to sell us

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something at the current price. Then there's us, who wants to buy something either now or below the current price.

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If you look at the order book, you'll see that we have nothing in the "buy above" section. Why? Because if I place a limit order at 11054, remember what should happen: I need to find someone who will sell to me at that price.

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However, there's a problem: they want to sell at a price lower. This means that if I place a limit order above, I'll be sold at the current price because the market will be looking at the closest available price in this

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context. But if I'm not willing to buy the asset at the current price now, I'll place my stop-loss order at 1154.

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What will it say? When the price gets there, it'll be executed at any available price. That is, if there's a seller here, the position will be executed at this level. A stop-loss order is an upward move into the future

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. A limit order is either now— essentially, the market—or down earlier. That is, the price must go down. If I want to place a limit order above, it will be executed at the current price. Why is this important to

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understand? It often happens in the market that buyers and sellers simply disappear. Many people actually trade through robots. We don't trade through robots. We won't trade through robots.

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However, we'll be working with cunning market makers, cunning large players whose liquidity is created by robots.

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And very often on many exchanges, you'll see that this volume seems unreal. The moment news comes out, it completely disappears. There's nothing you can do about it. And counting on six lots being filled in five minutes is also pointless. It's important to

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simply understand the mechanics, where to look, and what to look for on the chart. So, let's summarize. On the left in the order book, we have the buy order, and on the right, we have the sell or limit order. That is, when this

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level is reached, the order will be executed if there's a buyer at the same level. There's also something called market depth. It often appears as, you know, two waves merging into a single point. Essentially, since positions are being executed at this point in the

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market order, they feed off each other, saturating each other. And when one side is saturated, the price starts to move. Essentially, when one side is saturated, we have more people willing to buy at previous levels. So, this wave starts to grow, bigger and bigger.

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It turns out that you can't know in advance at the current point what volume of people willing to buy will be at this level. It's impossible to see this purely from the order book and market depth. However, a little later,

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when we talk about buy-side liquidity, sweeps, and all the rest, we'll be guessing at what point these orders, which we haven't yet seen, will appear in greater numbers. What do you need to understand from the market depth? The

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degree of this slope. The more vertical this slope, the more liquid the market. The more horizontal this slope, the less liquid the market. If you're planning to trade something with low liquidity, be sure to go to the order

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book, check the market depth, and understand whether you can close your volume instantly, and what this order book and market depth look like in real life. If we look at the BBIT website, we'll see the following. We have limit

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sell orders at the top, and limit buy orders at the bottom. We see their quantity. Yes, this column shows the number of bitcoins at the current price . The next column shows how many bitcoins are needed for the price to

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reach the next point. So, we see that the price is currently 83,100. To reach 82,700, someone right now at the current price needs to sell 1,000 (or 400,300 bitcoins). Price movement, buying and selling, happens instantly.

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We'll see the same here. In order to reach 82,700, which is literally just a little bit, we need someone to buy 1,150 bitcoins now. And we see how this price is rising vertically. You see, the price is constantly moving. This

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order book, it's constantly moving. This is mainly the work of robots. And we, with our 100 dollars, also contribute to this, also move it.

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Incidentally, even on this chart, we have something called a spread. If we take a very small movement of $ 10, we'll see that there's a difference between the buy price and the sell price. Here, it's 10 cents. That 10

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cents is precisely the spread. If you want to sell Bitcoin right now at the current price, you won't be able to do so. Because of the spread, you'll sell it for 10 cents less. The same thing happens with buying. That is, the

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spread is the difference between the current fastest sell price and the current fastest buy price. It's the price action in the order book that causes the chart to move. If there's no seller at 1050, we'll see a price of

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1051 after we've consumed all the sellers. If there are so many sellers at this level that they buy up all the assets on offer, the price will drop to 1049. And this happens constantly, every minute, every second on the chart

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. The process of limit orders being executed is precisely what drives the market. The market moves precisely because of someone's deferred desire to buy or sell. More precisely, if this desire weren't there and someone hadn't immediately decided to execute a trade,

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there would be no price movement. Why is this important to understand? It's important to understand that limit orders, the deferred anticipation of people, are what drives liquidity. Let me reiterate: deferred anticipation is what drives liquidity. When positions are executed, and this is accompanied,

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for example, by a lack of limit orders, we experience a surge in momentum, when people are ready to buy right now. And in this process, we see the same imbalances. That is, we have a certain number of limit orders triggered, and

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then there's nothing. No one wants to sell in this range anymore. That's it, all the sell limit orders have been consumed, and so every rare future limit order pushes the price higher.

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This is what the order book and the logic of understanding the actions of the orders themselves allow us to use in liquidity. Having covered the previous topics, a logical, natural thought emerges about some known liquidity, in which something

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predictable will occur. And this is where a trap for most participants arises. Most participants think there's some secret setup that always works the same way. However, without understanding the market mechanics, this setup is impossible to understand.

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It's impossible to predict what will happen next. To this end, we will examine BYS site liquidity, which is essentially the basis for everything we discuss below. And based on this, it is essentially a consequence of the sell orders themselves. When we talk about

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prosai ssitequidity, it's all very simple. We have a certain level visible to everyone. And this level is essentially a cluster of stop orders.

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When we were discussing order types, we said that any participant's stop is essentially a location, a trigger, a level at which a buy or sell order is automatically issued at any available price. When we look at a short position

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, for example, what do we do when we open a short position? We take an asset from someone, a liquidity provider, in this area and sell it. Mechanically, if we, well, distribute it, come to the market as usual, then, for example, we

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borrowed a phone from someone, I don't know, assuming that this phone will one day become cheaper. And since we borrowed the physical item itself, then by buying it back, we make a profit.

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And this delta is precisely what we are left with. This is what we'll get as profit. So, we borrowed a phone from someone, sold it, and expect to buy it back for less, thereby profiting. But we can set a stop. What does a stop

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mean in this case? It means that at a certain price level, for example, we were expecting a new iPhone to be released and the price of another iPhone to drop significantly. But we see that this isn't the case, and the

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price is moving up. We accept a certain level, a certain point, at which we'll buy the iPhone back at any available price. So, here's where we have a sell order. We borrowed a phone from someone , and here and here we have a buy order

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. A level at which we must immediately buy the phone on the market at any available price. Well, in the case of trading, the asset we borrowed from the exchange is a limit order here, yes, a limit order here, and a market order

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there. This is very important. When we look at BY Sellsite liquidity, we should always keep in mind what the BYS level is, what the visible level is for others. This is the zone where a lot of traders are likely to place their stops

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, wanting to sell during this movement. When the price reaches this point, this stop will turn into a buy order at any available price. When we talk about BY Sellsite liquidity, the market reaches a certain level, bounces upward, and

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the trader, assuming the market has reversed, decides to sell and places their stop order—a stop order for, naturally, a low. Some place it slightly lower, some slightly higher.

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What's the logic? If the price breaks this level, then, well, I, for example, will go short. And when the price reaches this point, an instant execution order is executed here. Who benefits from this? It benefits a major player who needs to distribute a large

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amount of the asset within a certain range. Now we'll talk about a hypothetical asset, and then I'll show you a real asset that you might want to ask yourself. Look. Let's say there's a major player who really, really wants

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to sell an asset they bought much earlier. Their goal, by setting a large limit order, or having a large limit order—usually it's all done through grumbling, not by hand—is to distribute their position at this point . We won't discuss the mechanics of the

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movement and how they force the price to go higher. We'll only discuss what happens during the price movement, because the mechanics of movement are a whole other video. So, when a market situation arises in which a trader assumes we're definitely going to

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plummet, their goal is to open a sell position in this range as the price moves downward. The major player, understanding this action, will then, during the process, when the price returns to these levels, sell the asset directly, distributing it quite a bit.

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So, in this case, with the instant execution of buy limit orders, what exactly is a "multiple" of buy limit orders? If we take the depth of market, we have a certain number of sell limit orders at each level. When your buy

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limit order is instantly executed at any available price, every single move, every single volume, is immediately consumed. And when all this volume is consumed, the price essentially creates an imbalance. So, during the movement, no huge seller emerged, no great desire

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to sell to anyone. But if, at the moment the sweep is triggered, we experience an instant reversal, we conclude that there is a large sell order. For what purpose? For distribution. That is, someone closes against these participants, a forced

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execution of a large number of buy orders is triggered, and someone sells to them. This is important. Why is this important? Because, understanding that a major player has done this several times, the next time they may no longer

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be in the market. He's already distributed it, he's already sold everything he needs, he's fulfilled his task. And what do we get in the future when we watch equal highs? We say, " Okay, this is a strong level, guys.

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What kind of strong level is this? If we go further without a seller, there's no one here. On the contrary, we'll go further on the huge desire of buyers and that's it. And all these future stops, they will be the fuel for simply

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flying upwards. How does this mechanics work specifically for selling? For selling, this mechanics works exactly the same way, when you understand what a Cell stop is for you, that is, a visible zone, you understand what lies behind it. An important process. For

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example, on my channel I talk about working against smartmoney. Smartmoney's logic is extremely simple.

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There is a certain zone of interest on a higher timeframe. If the price reacts from this zone, we potentially have a cell liquidity drawn below. Well, in this example, I understand who is here, and I understand why they might be

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hunting. That is, I analyzed the chart. So, let's say we will analyze this situation now. We continue to move Down , and people dream of reversing the chart. What happens when the next one is made? In this case, many traders

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were used as liquidity to ensure that a major player would fully distribute himself within this range. Please note that the market very rarely does this.

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It only does this when we have a super-aggressive buyer. That is, when we have a whole site of liquidity, people are forced to sell at any available price. But what if there is no buyer here, they will buy higher,

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higher, higher, and trigger that very upward movement with imbalances, when that's it, we're just flying upwards.

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And it's also important to remember that in this movement, when balances are being drawn, many people assume that a reversal is imminent, because, well, we flew there, right? So we need to reverse immediately. They don't want to see the process; they just want a

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reaction. Both soleside liquidity and buyside liquidity can be seen on the chart. In fact, you can just sit down, look at the chart, and say," This level is now definitely liquidity. "Incorrect . Why? In conventional theory, in Smartman, and in ours, the following

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logic applies. Look, we have any visible level, and therefore, we look at it and buy liquidity. For example, this level, for example, in this case, this level, for example, previous historical highs are also a level.

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However, very often we forget an important idea. We talked about understanding what will happen here, whether there will be a limit order here at all, whether a major player will want to distribute. When we try to fly very high, we forget one small

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problem. When you eat lunch, you have a moment when you're full, right? And then, even if you have the most delicious food in the world, you'll still stop eating it. So the market is cyclical. The market also can't move

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infinitely in one direction. When traders make a trading decision that we're going to fly infinitely high in the final part of this impulse, it's often when a major player has already had enough. So, what does it mean to be

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sated? He opened a position here. Now he needs to create positions on the distribution. He's sated, and he'll be creating points for his potential exit here. This means he needs to create some manipulations in order to lock in

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someone. When we see an overly aggressive, unidirectional movement, we forget that the market doesn't move like that. The market always moves impulse, correction, impulse, correction, impulse, correction. When we experience over-acceleration, in a rush of desire, passion, we forget

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about the idea of" I'm definitely going to make millions, millions right now. " We forget that the market is distributed. Therefore, I suggest looking at SS liquidity from the perspective of what other market participants are currently wanting.

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Then you can't use every high as BSI SS liquidity. Why? Because for you, it won't be a bait that we must necessarily remove, but a logical action. Very often, people, especially those who want to consider shorts, aggressive shorts, highlight this area

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as Sol-liquidity. I strongly disagree with this. And I disagree with identifying all these positions as" sideside liquidity "up to, say, this point. That is, at this point. Only then can we find sideside liquidity.

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Yes, every previous high in an uptrend will be" sideside liquidity. "I completely agree with this. Regarding shorts, we need to see the process of price movement downwards, that a major player has truly become saturated, and therefore, for example, a new major

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player appears, driving the price further into its distribution phase. We are monitoring these trends, and we are trying to join them. Not manage them, but join them. We cannot manage this market. So, how the process of sideside liquidity works is described at this

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level. Did you think I would show you this hype? No, you can watch that in any other video, where it's unclear why you're even showing this. They're telling us. Let's see what's going on here. When the price reaches a certain

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level and pulls back, we have a large number of people willing to sell. Wanting to sell. And where will they place their stop? At the level of this high, a little higher. A little higher.

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Can we say that in this movement there are signs that the price has already reversed? No, we can't. Therefore, we think for the big player. If we see a sign that after the stops are triggered , that is, buying at any available

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price, the market will not go up indefinitely, but will begin a downward movement, we will open a short. A small , short, simple short, together with a big player who is currently distributing his asset. Do you understand? The logic is that I don't

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follow the crowd. I understand where and what the desire of other people is, and I take advantage of it. The second time the price approaches bye liquidity , I don't open a short, I just wait to see what happens next. Or the price

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will start again A downward movement, though, needs to be drawn a little higher, and only then will I start shorting. Or I simply continue the upward movement, realizing that we're heading to the next distribution point.

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And now, now we need to move on to this range. And it's here that we need to discuss, what's happening? What's happening is copying, placing. In this case, buy-side liquidity is created, it's removed, and the downward movement begins. Yes, not every downward

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movement, especially such aggressive ones, is absolutely super-clear for local joining. Therefore, we must always clarify what we have the right to do. And in such ranges, we have no right at all to place our take profits at the breakeven point, that is, before

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reaching this ID. IDM, by the way, is also liquidity. Accordingly, in this case, we will still take part of this range, but then we will wait to see what happens in this range. And if the price comes again, shows the process

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again, we will have to wait if we want to go long, and Act if we want to short in this process. This is what working with BY and BYS liquidity is all about, not things like," You see a high, go

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short, "" You see a low, go long, "and so on. The same thing happens here.

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Here's your breakout, here's your downward movement process. We have a level here that we're breaking through downwards. And then, on a pullback, we should join the shorts until the next level is created. Yes, in the process on the same Ethereum, we see that there

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isn't much work with BYS liquidity here , but you can find it on a lower timeframe, right? You can do all these things on a lower timeframe, and look at all this on other timeframes. Pay attention to what the price does with

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BYS liquidity. And we'll smoothly move on to the process of how the price works with liquidity. And now that we've sorted out BYS liquidity, I think it'll be pretty easy to understand what it is. SwiP and Run. I can tell you

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about fast breaks, slow breaks, acceleration, and so on. We've just covered the mechanics of movement, and now try to anticipate what I'm about to discuss. When we see one of the initial movements approaching liquidity, we'll understand what's happening precisely

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by the process of its breakout. When the price immediately reacts to this level before the sweep and flies in the opposite direction, we understand that there's active selling here. There's an active, large player here who's selling this entire movement. When we see a

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sweep that acts slowly, stops at a level, even a full-body closes, but then still begins a downward movement, we understand that price movement is taking place. And this also allows us to continue working. We'll now look at these two things on the chart, see how

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they look, and maybe even try to find some kind of pattern on how to proceed.

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Understanding this and run. What is a run? Essentially, it's the complete absence of a seller. in this range.

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That is, this distributor comrade is no more. He has completed his entire task, and we, happy and satisfied, will fly further upward. Yes, at the very point of liquidity with this approach, decisions will not be made. But I have

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a question for you. Well, do you know this comrade who will be distributing here so that you can trade directly against him? Or, perhaps, not knowing him, but seeing the signs of how he operates, will you simply work with him

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? Maybe this approach will be more correct when we...Let's, by the way, find this on Bitcoin. It was simply beautiful on Bitcoin. And to understand this, it seems to me, it will be just wow. What do we see on Bitcoin? We see

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a very cool movement on Bitcoin, a cool action in which the price worked. We have a new historical high. Here it is.

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Happy, satisfied. And what do we see here in the process? We see the following movement in the process. We have an instant acceleration and an instant Absorption. After this instant absorption, we have a long distribution process, a little observation. After

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this long distribution process, we have a slightly longer decline phase. This isn't exactly a 100%observation.

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However, let's just, let's say, write it down. After the manipulation, it seems like the next movement is, you know, so deceptive. Guys, this is definitely a long, right? That is, the first time they showed that it was a

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sweep, they urgently need to shuffle somewhere. That is, they collect liquidity in both directions, and then that's it. Well, off we go, off we go.

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Now, on the pullback, we'll go long. That is, in this movement, people will continue to think, damn, well, we've secured the level, so it's time to fly higher on the pullback. After which we have a flat and happiness, contentment.

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We've flown. Then we exit. We are there in accumulation. Exit again and we'll see what happens next. And then we have a similar process. Then we'll be with one candle. They went beyond the high.

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Yes, there was a full-bodied breakout, but the decline immediately accelerated . And look, our aggressive downward movement ended with a more complex, beautiful, impulse correction, which, of course, worked with the liquidity on the left side, but also during this

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acceleration, it said:" Guys, this is definitely a long, we definitely need to buy. "Look, a major player is enticing. Their job in these movements is to entice, to show:" Everything is fine, this was just a liquidity drain, and now this is a true breakout. "And

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therefore, when this is a true breakout , you and I will go further upward. And this true breakout is a trap to force you and me to endlessly buy. And what happens at this point of distribution?

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We did it this way, or rather, not we, but a major player did it in such a way that he launched it, he simply stupidly began to drain everything to zero. And remember what happened next. This is just a stupid distribution about all of

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us, and, unfortunately, on October 10th Or fortunately well unfortunately there are reasons. But fortunately, when the market showed who was who among the bloggers, and how their strategies performed over time, the market simply dispersed into a crowd.

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Dispersed into a crowd. That's the understanding of working with liquidity . Yes, we can't see this in euphoria.

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Yes, in euphoria we don't want to understand it, but in this context, the same thing is happening below. We come in, make a tiny, beautiful sweep, leave immediately, go lower, show a stop, lots and lots and lots of volume. And

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then, it would seem, well, guys, we'll definitely go and update this low right now, and fly further upward. Watch this . See how the market deceives us. The current movement in this case also says ," Guys, we're definitely going to fly

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higher. "This means that at the very least, there will be a longer flat here . So, I'm waiting for the local low to update to confirm this. But maybe this isn't the distribution phase yet, right ? But in this context, this is a hint

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at a larger flat, a very complex flat. Please take this into account. And in our course, we go further. The next element in our analysis is internal and core liquidity. The problem with liquidity is always that on each

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timeframe, internal and external liquidity are not obvious. And sometimes we can perceive external liquidity as some kind of core liquidity, although on a higher timeframe it means nothing at all. And this is a problem of liquidity and perception of the entire market. So,

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let's figure it out. When we make certain trading decisions, we look at the chart from top to bottom. Usually, we take, for example, a weekly, monthly chart, or maybe a daily chart, and identify some clear highs and some

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clear lows on it. These clear points will be external liquidity for us. At the same time, you must understand that this liquidity is visible to all other market participants. When your market reaches a certain bottom and If a price

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bounces from this point, anyone can see this low. In most trading strategies, this low is used as a potential stop.

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Just like this high, when the price moves down, it's perceived as a more protected zone. That is, a zone where it's not a shame to place a stop.

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Moreover, as the impulse moves from the top to the bottom, we will see a large number of small pullbacks. And each of these small pullbacks momentarily represents a certain local liquidity.

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The question is: who sees this liquidity? This liquidity is seen by traders on lower timeframes. This is what the market will collect. And as the market moves, it leaves internal liquidity and collects internal liquidity. What does understanding primary and internal liquidity give us?

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In fact, there's a cool thing here called IDM, or impulse. When we see the first correct pullback—that is, the first movement that was accompanied by a pullback pattern, that is, with the removal of liquidity from the previous candle—the market breaks through this

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liquidity and then continues to zigzag. Falling downwards. This signifies a local reversal. And we assume that the market will continue its downward movement, which will allow us to work with you on the new emerging trend. If we see that the market doesn't break

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through this liquidity, but simply accumulates more and more liquidity on the left side, then we confirm that the trend is still ongoing. It hasn't changed, and for us, any pullback will be a potential point in the continuation of the upward movement.

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Now, look, when we discuss this logic, we essentially learned how to build a trend movement through liquidity in just a few sentences. If we add the logic of IDM to these trend movements, we can build a structure and work

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within this structure. At the same time , we need to understand the points at which this structure stops. For a more detailed analysis of IDM, and essentially, what working with internal structure means, be sure to watch the video included in the message. There

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will be a link to a more detailed video , where we won't go into great detail.

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So, when we look at a chart, our perception of internal and external structure depends on the timeframe we're looking at. That's why it's necessary to constantly move the chart to see what trend we're in on each timeframe. When we make a trading

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decision, our task is always to identify the main points of external liquidity. They're always at the highest highs and always at the most visible lows. Everything between these points is internal liquidity, which is precisely what we're interested in. And

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why are we interested in it? Because this liquidity is precisely the very areas of interest that other market participants want to see for themselves . If we delve deeper into this topic, it turns out that it makes sense to

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understand how other participants perceive this liquidity for themselves. This is what our next section will be about. And here we'll begin to discuss seemingly illogical things that exist on the chart. However, why on earth would I want to call them liquidity? If

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you didn't miss the previous section about internal and external liquidity, then you Remember that if we look back at internal liquidity, we'll understand that we should usually identify areas of interest based on the structure. And what will these areas of interest look

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like? Naturally, it will be IDM. Naturally, it will be an order block for IDM. Naturally, it will be extreme liquidity, an extreme block. What other areas of interest are there in the current structure? And this is that very imbalance, that very point that

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everyone sees, and everyone wants to make a trading decision at this point. It doesn't matter what. The important thing is that everyone sees this zone, and everyone wants to participate in it . When we understand that these zones,

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these levels, these blocks, this 50%are visible to everyone, we understand that this is the decision-making point at which liquidity is created. Look, there's an important thought coming up now. When we see the work with these zones, and we understand that the local

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trend has changed. What allows us to see that the local trend has changed? It's a breakout and a continuation of the downward movement. Then we must ask the question: what exactly do other market participants want to do in this

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range? And here we are. So, let's figure it out, where's the liquidity? Here's the answer. This is liquidity.

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In this movement, having formed the top point, we begin a movement for the liquidity that the market generated on the left side before this point was formed. And everything below here will be liquidity for us until the market is

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saturated and either distributes or purchases what it needs. And each zone of interest that it encounters along the way will be a point of internal liquidity, which will generate its own internal liquidity. Perhaps this is a little complicated. Let's talk about

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this in the current movement. So, we see that we have a continuing uptrend. What is the logic of an ordinary trader who trades with SmartMoney? Well, or, in fact, any strategy that trades, their logic will be simple. If the

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price comes deep enough, for example, it makes a full fill with a balance, it , for example, touches the order block, the task of this trader is to open a position from the current block. How is this position usually opened? The

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trader waits for an approach to this zone, a pullback, and on the downward movement, they will look for a long position. If we switch to a lower timeframe, the following happens. When the price enters our order block or

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makes a balance, that is, completely fills it, the trader's task is either to rush the market during this movement or wait for a pullback to this movement . I'll draw this now. A pullback to this upward movement, to its zone of

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interest. That is, within this impulse, there are also certain zones of interest. And thus, the trader will look for a long position. Look, knowing that the trader will act this way, my task is to work against them. If I know

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that in this case the trader wants to look for longs, and, for example, what else will confirm liquidity? Posts on Telegram. The trader will write:" I want a long. "This is definitely a long . From this zone, a long is definitely.

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Having seen a fair number of posts on this topic, we understand," Yeah, right , "if everyone wants to go long, then the long won't go the way they want.

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And we have the right to consider a short position. In this case, it's a short position. And this approach allows us to understand where cell liquidity lies. It's right here. That is, look, the internal structure and actions of other participants allow us

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to understand exactly where the liquidity of other participants' stops is. And what will happen to this liquidity? If we see a further downward movement and the market's reluctance to reverse, we have the right in this case to continue the downward movement,

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something we discussed in previous parts of this course. If at this point you still have questions about why, specifically here, seeing such a movement, we can allow shorts to continue, go back through this course and review everything you've seen,

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starting with the entry points. From there, we began to build a clear logic for the action map for this movement.

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This approach is the very first approach in this action map. Now let's summarize. We'll combine internal and external liquidity and the balance gap (Orderblog). When traders see certain structural points, their task is to guess the limit order at these

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structural points—to guess that the price will start to rise relative to these structural points somewhere before [the order is missing]. What actions will they take? They'll look for certain zones of interest. These zones of interest, for example, are: if

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the price completely fills the gap, it will reverse. If we reach 50%imbalance, the price will reverse. If the price reaches the order block, the price will reverse. Accordingly, understanding that these zones are decision points, we must see confirmation that the

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market is forcing traders to enter here from these zones of interest. Receiving this confirmation, we confirm the presence of, well, in this case, sls-liquidity, which is usually located below the levels of these zones, and we have the opportunity to trade against

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them. Now let's look at another tool that will help us see the liquidity that's forming, that's in the process of forming. We can find this tool directly in TradingQue itself. I believe, of course, it's only available with a paid subscription, but I suppose

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you can find free indicators for this tool yourself. This is the volume profile. This mm tool is actually very good at showing the areas where traders will make trading decisions. How do you use it? We have a certain momentum, and

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the purpose of this tool is to show the zones where there was the greatest accumulation of trading activity. In fact, by the end of my explanation, you'll be able to use the volume profile tool yourself. The main thing

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is not to lose the essence of the idea. What does this indicator mean? Essentially, it sums up all the candles in a row and identifies the largest traded movement within a certain period . It can also show an average. In fact,

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this average is not particularly necessary, but the range within which the largest traded volume occurs is what is important. What do we see when we apply this indicator? To tighten it, you just need to click the indicator, take the lowest point, and then take

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the highest point. We can see that in this range, we have two critically large zones. The first zone is this range. The second zone is this range.

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And look what a breakout of this level means for most traders. Even in the current image, we have written: resistance zone, support zone. For many traders, a breakout of this huge movement means that, guys, we've reversed, and now we're definitely

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headed down. However, before we break through, this level, this range, is perceived as a support zone. That is, we're about to hit this range and fly upward. We're definitely going up. I swear we should go long during this

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action, seeing signs of desire—that is, this confirmation in the same posts of other participants that they are considering longs here—we get visible action in this range and a continuation of the downward movement for ourselves.

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Look further. We're entering an imbalance. What will happen? So, this is an empty range, right? What would a participant do here? Yeah. 50%imbalance , long. But when the market shows it's not going anywhere, sweeping this liquidity compression, the market

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displays the next liquidity manipulation, after which it super-aggressively says," Guys, we're definitely heading to the next big range where we need to make a trading decision. "That's exactly where we'll definitely fly higher. For us, the volume profile essentially replaces all

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the interest zones we know. Imbalance is a void. The order block is the range on the left. The logic for working with it is exactly the same as working with an order block, with imbalance, and with a gap. Our task is to see the

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desire and what other participants see in these zones, and make a decision based on this about where the sell-side and buy-side liquidity are. Essentially , sell-side and buy-side liquidity in this case form our trading predisposition. Once we've developed a

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trading bias, we make a trading decision to move in a certain direction against the liquidity we understand.

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This approach will allow us to profit alongside a major player against the liquidity they're seeking. If we don't use this, we'll still be liquid. Now for the bonus. How do you create a volume profile yourself? Take a certain

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range. It's not that complicated. Take the lowest point. Take the highest point. Now your task is to use a rectangle to highlight the areas where the highest trading volume occurred within that range. Well, I don't think that's a particularly difficult task,

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right? It's extremely simple. And if we think about what I'm highlighting right now, I'm essentially highlighting areas of interest. If I stretch the indicator , what happens? Miraculously, I've correctly identified all the prominent areas of interest. You don't need to

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buy any subscriptions to do this. In this case, you yourself are the volume profile. So what happens? When the price breaks through this huge accumulation range, we develop low liquidity below, which the market eagerly eats up, which it has taken.

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And right now, after the big sell-off on October 10th, many wanted to go long , but ended up having to go short. This is what working with liquidity suggests . Another important element in terms of finding liquidity is a heat map like

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this. In fact, this heat map also shows liquidity, limit orders of other participants, limit order volumes, buying desires, or rather, even of other participants, which historically seem to be working. Well, look, it's all quite simple. Here you have a

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super-duper yellow level that you absolutely must reach and absolutely must reach. Here's the next super-duper level, which you need to reach, reach, reach, reach. In fact, when you look at the history, you'll see that for some reason all this is somehow working very

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poorly. For some reason, somehow, it all works, well, really, not at all. It all works as if based on history. What if we treat this heat map exactly like a volume profile, exactly like order blocks, exactly like imbalances? And

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then it turns out that those zones that people have always seen here—and this zone has been around for a long time— it turns out that precisely because it existed, we were eating up liquidity from below, trying to trick other

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participants here into believing that a long position was about to occur, so we could take liquidity from above. It's logical that we need to get there. Try looking at this map. On the contrary, everything everyone can do, everything

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everyone knows, doesn't work. So, why should I use it if I can try not to be part of this action? We've now covered a full course, a full course on liquidity, which I—well, I can guarantee myself that such a course

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isn't available on YouTube. The problem with this course for many will be that they won't want to think. The problem with this course for many will be that they didn't want to write down and analyze the theses I presented in this

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video. On the one hand, yes, they spent time, watched a fairly long video, on the other hand, there's nothing. Ask yourself:" Are you sure this is why you watched this video? Or did you watch this video to change your worldview and

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change your ideas about liquidity? If you got a lot of information out of this video, watch it again. Not now, but in a week. Believe me, you will see a lot of useful information in this video. I imagine this video will become

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a reference for many people. And that will be wonderful. And once again, I'll take you back to the very beginning.

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Start by understanding and analyzing what happens in the market when your order is executed. It is this understanding that will provide many answers to all your questions. Don't be lazy. And that's all from me. That concludes the course. Bye.

Topics:liquiditytrading ordersstop losstake profitmarket depthsmart moneyorder executionliquidity managementprice movementtrading strategy

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