EdgebyRS x LDP | Member Intro: Sat, 31st Oct'26

Finance-Focused Summary

The session introduced two complementary futures-trading approaches: Lewis’s footprint and order-flow tools for short-term entries, and RS’s broader market-structure framework for planning trades across sessions and timeframes.

Lewis’s Footprint and Scalping Approach

Lewis described returning to futures around 2019 after more than a decade away. He said micro contracts and lower commissions had changed the market, so he had to relearn how it worked.

His charting tools are custom visual studies—not automated trading systems—designed to flag patterns in individual bars and groups of bars. He emphasized that a signal identifies behavior or a possible shift; it does not automatically mean “buy” or “sell.” Context and confluence matter.

He uses multiple charts with different periodicities, including tick- and delta-based charts, to examine microstructure as well as broader intraday conditions.

His self-described “biodal” method combines:

• A scalp with a 2-point target, which he equated to $100 per futures contract.
• A second, longer-target intraday trade, or “runner.”
• If the scalp does not move in his favor within roughly one or two minutes, he may exit. His stated maximum adverse movement before stopping out is 2.5 points.

He generally trades the New York session, closes positions by the end of the day session—often by the cash close—and says he rarely trades Globex or holds into it.

He cautioned that “voltic” long/short alerts are micro-scalp signals intended for roughly one- or two-point moves, and are risky without checking broader T10 confluence. He described “matrix” signals as better at detecting larger moves, with a six-point move considered large from a scalper’s perspective.

Order-Flow Tools Discussed

• Zero-auction tops/bottoms, completed auctions, taper, and exhaustion patterns.
• Delta bottoms/tops and absorption. He cautioned that absorption does not guarantee a reversal; it can end once a large order is filled.
• Bar-level point of control, volume and delta, flow-anomaly lines, and large-volume trades.
• An LOB (limit order book) algorithm that tracks orders being pulled, restacked, or increased in size. He cautioned against assuming that order movement is automatically spoofing.
• Tape Analyzer, which he said uses order IDs, duration, and other features to distinguish commercial from retail activity. This was his description of the tool, not independently verified performance evidence.
• T10, which he described as a customized, modified derivative of the Bloomberg SP5T1 signal—not simply a reading of ten large stocks.

In an example around the 7,560 area, he described a day-session VWAP extreme near −2.0 to −2.5 standard deviations, a possible reversal structure, and subsequent price movement on lower volume. He said some entries reached his two-point target with little or no drawdown. The example was presented as a confluence illustration, not a general performance result.

RS’s Market-Planning Framework

RS said he had traded for 13 years and organizes his approach around three pillars:

1. Auction Market Theory: market and volume profiles, balance, value areas, pivots, and auction structure.
2. Intermarket confluence: comparing ES, NQ, and DAX to assess trend, exhaustion, reversal, or consolidation. Divergence between markets can itself be informative.
3. Market memory: historically significant levels and events—including FOMC, CPI, geopolitical headlines, and company earnings—that may shape later price behavior.

RS said roughly 95% of his analysis comes from these pillars, with conventional tools such as VWAP, supply/demand, and trend lines making up the remainder. He also said there is no 100% framework and described his target performance as roughly 70–80%.

Planning and Execution Process

RS prepares a weekly plan that includes market structure, key pivots, balance ranges, events, and levels to watch. He said the plan is intended to provide guardrails for the week.

He uses customized balance ranges rather than simply copying textbook profile ranges, seeking confluence with other markets and market memory.

Balance rules: Within a balance, expect rotation between the range’s edges and midpoint. A breakout—especially one with a gap and a close beyond the range—can indicate initiative activity. A breakout, back-test, and continuation can strengthen that interpretation.

His LIST framework, tracked on a 15-minute chart, involves:

1. A breakout candle appears.
2. The candle’s full body closes beyond the relevant zone or line.
3. Price retests the level, immediately or after several bars.
4. The trader enters following the retest.

RS described zone trades as higher probability on the first test, with stated stops generally around 7–8 points. He said he may intervene in live commentary when a zone appears likely to fail. In his framework, a failed zone is not necessarily “invalid”; it may strengthen the directional case and create a breakout/retest opportunity.

He cautioned against going long directly into resistance or short directly into support, and against treating every exhaustion signal as a trend reversal. Exhaustion can indicate an interim high or low without changing the larger trend.

RS advised new members to allow about 90–120 days to understand a framework rather than drawing conclusions in a week. He recommended starting with one contract, using simulation if appropriate, and avoiding trades based on intuition or feelings alone.

Examples and Levels Discussed

• For an ES-related example, RS linked a potential rotation to prior FOMC and earnings references around 7,680, 7,575, and 7,560. He cited a Friday regular-session low of 7,558 against a 7,560 target.
• He said the setup involved event-to-event rotation, exhaustion, a balance reference, and Lewis’s order-flow signal converging near the same area. RS described a potential 50-point move against a planned 7–10-point risk; this was his illustrative trade rationale, not a guaranteed outcome.
• RS described scaling into a position as price moved through an FOMC low, including adding within roughly the 7,560–7,570 area. He said this was his own swing-trading practice, not a required entry method.
• Other levels cited included an intraday zone near 7,810, structural references around 7,751 and 7,776, and a broader balance extending into the 7,800s.
• RS cited intraday exhaustion of roughly 108–117 points and gap exhaustion of 167 points in the example discussed. He also referred to NQ being down about 980 points and to a typical event-led exhaustion range of 1,100–1,400 points.
• He characterized a Friday move as a balance breakdown with a gap below the prior week’s weekly value-area low, calling this “3x seller control.” He also discussed a B-shaped profile as a possible long-liquidation structure: if consolidation fails to break upward, a breakdown may give sellers the upper hand.
• For a longer-term example, RS described a merged P-shaped profile across April, May, and June, a prior high at 7,897, and an average downside reference around the 7,320s. He also said SMH had been a leading sector within NQ.
• RS described SPX as a cleaner chart for some higher-timeframe views when futures contract rollovers create discrepancies. For DAX, he discussed a potential catch-up move after relative underperformance versus ES and NQ, and cited a weekly exhaustion range of roughly 900–1,200 in that example.

Performance Claims, Timelines, and Cautions

• RS said his monthly zone statistics had been around 70–75%, and cited an example of 52 winners from 62 zones. These were presenter-reported figures and were not independently verified in the session.
• He also cited an “eight out of ten” success description for a particular setup and spoke of potential 100-point swings. These were claims about his framework, not assured results.
• RS framed November and December 2026 as a foundation-building period and said traders could be better prepared by the first week of January 2027. He also advised members to expect more trend sessions and event-driven rotations over the following six months.
• Lewis and RS presented different holding styles. Lewis generally closes by the end of the day session; RS said he sometimes holds CFDs over weekends using guaranteed stops and broker-specific arrangements. RS explicitly said he did not recommend others copy his weekend-holding practice or emulate him one-to-one.
• Both presenters emphasized risk management. RS warned against oversizing, blowing up an account, or blindly following a signal, and advised traders to ask for help after losses. Lewis also cautioned that micro signals can be dangerous without broader context.
• No standard “not financial advice” disclaimer was spoken in the subtitles. The presenters did, however, repeatedly frame their methods as requiring judgment, risk controls, and individual execution rather than automatic trade instructions.

Assets, Instruments, and Events Mentioned

• Futures/indices: ES (E-mini S&P 500), NQ (E-mini Nasdaq-100), DAX, and SPX.
• Sector/instrument: SMH (semiconductor sector ETF).
• Other references: Bloomberg SP5T1 signal; CFDs; micro futures contracts; VWAP, volume profile, market profile, footprint charts, and the limit order book.
• Companies and events: Amazon, Google, Meta, and Microsoft earnings; FOMC, CPI, and Middle East headlines.

Presenters and Sources

Presenters: Lewis De Payne (also rendered as Lewis/Luis in the subtitles) and RS.

Other sources or references mentioned: Bloomberg’s SP5T1 signal; Ray’s Compass FX coursework; IceWild’s chart commentary; Discord commentary and tutorials; and market data from the instruments discussed.