 Okay, welcome to the book map platform details webinar. This is Bruce at book map risk disclaimer trading futures equities and digital Currencies involves substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results for more information about book map go to book map calm and You're able to Try the product or or I'll go through the the pricing is just recently changed as you guys know But along with the product comes education. So there's a four-part educational course and Along with that course comes supportive webinars that cover order flow phenomena in the live market Every day at 11 Eastern time so directly after this webinar. So we Provide the education and then we back up that content in that education in the live market Okay, and we anticipate the price movements in those webinars as well. So looking for You know Order flow phenomena that that gives us factual evidence to a High probability move in in a specific direction. Okay All right, let's take a look here at book map calm quickly and Go through it here. Just at the website. There's an intro video as you scroll down more information about book map here And then NASDAQ total view you can also connect book map to US equities and I'll Get into that in just a minute Okay, a bit further down connectivity. So what book map is is a visualization software trading platform okay, unique visualization of order flow phenomena and just really a unique view of the market in general and However, we are not a data provider. All right, so you will need to provide your own data for futures and US equities actually for the digital currencies we We're not providing it But we have an offering where you actually just get connected for free. Okay So no charges there for the for digital currencies. All right, so Now we're a platform just like some of these that you see here like Ninja TTX trader pro and interactive brokers traders workstation We connect to via the API of these three platforms though. So that's a possibility if you want to do that However, we're a platform just like they are so you can connect directly Through CQG rhythmic gain IQ feed transact and dev experts now the dev experts here is for that NASDAQ total view Okay for the US equities and we prefer that You know, you connect directly to the data feed instead of going through the API of another program and then have that Program then spit out the data into book map. Okay, so it's a little bit Well slightly quicker and there is no manipulation of the data. It comes directly from your data feed All right, but further down pricing Okay, you can see here. You can go monthly or yearly for a 20% discount There are two Versions here basically digital and global now there the digital one here is free It is a no credit card required or anything. You can just download it now. It's real time You get you know, the full depth and it's only for one digital currency though. Okay, so that's all you get and You also get just the basic education, which is this webinar and other resources on the on the website that are free and you also have limited support, okay, but You Can connect no no data feed is required Since we're offering that through the the G-DAX For that one currency Now the digital plus here. Let's go to monthly Is the same as digital here except that you can get up to 20 different Instruments yeah, you can record your data and replay it back in replay mode, which is a real benefit As well as you get the one-click trading so you can click With one one click from the book map chart and it will take Trades in in your G-DAX account if you have a G-DAX account All right, you also get full support and advanced education Global here is $49 per month includes everything in digital plus, but it also supports us futures so CME your X etc. And also us equities now we don't provide the data you will need to provide it But we offer the support to it so you can connect to over 10 different trading platforms or different data feeds All right global plus what you get is everything in global But you also get the ability to trade right from the chart with the one-click trading and then there's a host of these Advanced add-on Indicators okay now these are what we put together They're proprietary looking for specific phenomena in the order flow and We're also starting to identify specific players. Okay, like the large lot tracker looking for players that are holding majority of liquidity or Iceberg detector those larger players using iceberg orders that don't want to show liquidity You can also see some in balance indicators as well as a correlation tracker Okay, so that's what the different offerings are and then let's take a look here at our Twitter page you can see at Bookmap underscore pros the Twitter handle all sorts of information that comes up here retweets, etc Here's one from a webinar series that we did for John John Mark Sulu excellent trader over in in Paris and Yeah, you might want to might want to check that one out it's translated but He's a excellent trader that looks at volume profile And uses book map on high time frames. All right, so that's kind of the interesting thing about John Mark Not only does he scalp? But he also looks at higher time frames and is a big fan of book map on those higher time frames Okay Here's our YouTube channel. Okay, you can subscribe to YouTube and when there's new videos you can get update Or alerted for it Here's the pro trader webinar series here. You can click on the playlist here Okay, and that'll open it up here. You can see that we have more add or futures trader 71 here He's a Excellent trader many of you are well aware of who he is And then here's a John Mark Sulu down here if you want to watch that one Which which was just retweeted. Okay? right Then if you're new here, I would You know recommend watching some of the intro videos here and then browse some of the features and components The book map 7.0 overview here is new so you might want to check that out and then get into these order flow video snippets Okay, this is the concepts very concise videos that cover these concepts of order flow And then we go into detail in the advanced order flow webinars with this these concepts All right, well, let's take a look at book map. There's been lots of volatility here All right, so Let's see right off the bat. It got a question here What are the numbers that appear at the end of the best bid and offer? Okay right here these numbers? This is the last traded volume. Okay And There's there's two numbers here actually so I I'm gonna send you to a video on that And I'll show it here. Okay, so let's go to features and components if you want to understand the two different numbers there it's Highly requested for for a while by advanced traders wanting to understand the volume trading at a specific price level and the accumulation at that specific price level So go to the features and components playlist here and then scroll down a bit aggregate volume counter. Okay, it's this one here All right Okay Okay, well, I mean we can look at now. No, no problem. We can look at the S&P We've been looking at Nasdaq for quite a while Due to the lack of volatility and that doesn't seem to be a problem the last few days Tons of all utility. So be careful out there lots going on larger players You know unwinding. I mean, there's a lot of things going on. So be really careful out there You may want to really kind of zoom out you if you know if you're trading used to trading just one lot then you may even want to just kind of stand aside and and watch and less You know, you you're looking for something very specific If that is the case, you're gonna have to widen out your stops. You're gonna have to take on more risk and I Would also recommend zooming out and looking at these higher levels of liquidity in the book and understanding these levels because You know, even the S&P now is kind of trading like the DAX So it's just moving back and forth several points very quickly here. I mean, this looks more like It's even kind of quicker than the Nasdaq usually is okay, so That's I mean you can obviously it's it's heaven for you know scalpers and and and traders but if you You know are You know trading out with just one lot or you know are not accustomed to taking a lot of risk Then please You know don't all right. I Mean you can see that the book here. So I mean, this is one of the concepts that we cover I mean look at look at the order book here. All right. Here's liquidity at these price levels. I mean, this is I Mean, there's a bit more liquidity than the Nasdaq usually has But you know, you see hundreds of contracts up here whereas Nasdaq usually is you know Somewhere around this like, you know 30 to 80 level something like that, right where it's about 10 times this difference here You know, we see I mean there's we're in the tens here Usually like at each price level in the S&P you see 200 All right now that goes over a very key concept here. Okay to understand in these markets Okay, and this is why you know book map is the visualization of book map is is fantastic Right and we can just demo it with this very simple concept here of lack of liquidity Thin markets and volatility. Okay, there are thin markets. There's not a lot of liquidity. Where is liquidity? It's up here at 30. Looks like we want to come up and test that right now Let's see if the the buyers step in and lift the offer up into 30. Okay And it can climb through these areas rather quickly like it just did and there we go right into right into 30 All right, so there's your move right there and we're seeing also a little bit of nefarious stuff here There's a little bit of a flip of the book here a little bit of spoofing on this side. Here's your beautiful flip This is kind of concepts that we go through in the advanced order flow webinar. So You know, they're providing liquidity here on the offer and they flip to the bid And look at the volume here now, you know, it's it's trading above 29 or above 30 Okay, and it's trending really nicely right now. Okay, so looking for 40 now because that's where the liquidity is And they're pulling right so you can see how quickly we I mean, we just moved 10 points Right is due to the lack of liquidity Okay, I just think of like your fundamental releases, you know your economic scheduled releases like oil inventories or your CPI or retail sales They pull liquidity before the market. So where does the market go? It goes to those areas where there's high liquidity Okay So really important to understand liquidity and how it works And bookmap visualizes it here for you. So, you know, where's the high liquidity now? It's at 46 Okay, so let me get into some of these details here about what what we're looking at here and what we're showing okay because You know, if you're new here You probably don't know what I'm referring to with some of this these orange areas here or yellow areas Or maybe even some of these blue areas or white areas because it's it's the heat map here, right? It's it's taking this data. That's in the depth of market your dome. Okay Where there's liquidity and traders lined up to provide Limit orders at these levels here on the offer and these levels on the bid We take the data and we paint it into this window here in a heat map. So this is your best bid and offer here Okay And if it's high liquidity, it you know, you'll see it in the heat map Okay, this area is orange 392 contracts up here. That's why it's high liquidity And that's why it's orange. Okay And what the what's interesting though and makes this dome so useful on not only, you know small time frames, but high time frames Okay, because we take the data and we record it and project it onto the chart So now you can read it. Okay, and this is why it's going to be helpful, especially in times like this Okay, let me zoom out a bit and I'll show you Okay, I'm having some internet Problems here and it's not bookmap. I mean even my browsers are pretty pretty slow. So Let me know if you know, you can hear me okay and see my screen here, but Anyway, alright, so the dome is pretty useless here. I mean we see these numbers changing pretty rapidly Well, here's the recording of it Okay, and look what kind of insight we're getting here. We come down to high liquidity here trades into it trades through it It slows down for a bit though and it trades into the next area of high liquidity down here Okay, it trades through it for a little bit, but for the most part this was absorbed Okay, this selling pressure was absorbed by this larger player who is sitting in the book for a long time Okay, in fact, you can see their movement here actually pretty interesting stuff Okay They they were staying in the book here and then they actually bumped it up Higher higher liquidity in this area here and they they pulled it But then as price is coming back down they added back in okay So it's showing something it's giving us the understanding and the intent of these traders in this auction at these price levels And then this larger player is it's most likely the same player here Has pulled a lot of the liquidity at this level here I mean it could be a number of players and they're just reading off of each other And then they added a little bit lower though. So they're not so interested here They're interested just you know a couple points lower here and they stayed in the book Okay, why did this reverse? All right. Well, it's because a lot of that selling pressure is getting absorbed Okay, in fact, we can see here. There's a You know it trades through a little bit more And there is some selling down here, but after that there there's no more no one else hitting the bid We start to rotate back up and buyers stepped in And trade it back up into the this kind of range here It's gonna be the a high volume node of this range and we don't trade above it Okay, and actually we sell right back off to where where these guys got filled Okay, and so we can see what what's occurring here and Are these guys back in the market here down at this price level of? 2618 nope, you know, they're they're gone or they're they're in the market. Okay, and we can see the reaction Okay Now we're coming up into some of these other levels higher levels up here This guy or these these traders up here. You can see just above the swing. Okay note that so they're looking for anyone that's Gonna gonna be short as probably gonna be covering above the swing here And they're they're willing to provide high liquidity up there and actually we can see their behavior here as well They pulled Okay, it's actually pretty interesting. They added in as price is coming up And then it looks like we got maybe a little bit of a spoofing type of activity here They drop it down lower And they they're pulling but they're adding well, they're they're still kind of at this level up here around this 48 and a quarter. Okay, so without any sort of indicators any sort of You know derivative of time price or volume, we're really understanding what's going on in this market Okay, it's a pretty transparent view here. We know it's not because there's some fib level down here We we know what it's because there's traders down here and they got filled Okay, and there were no more sellers That's what happened here All right now If you you trade fibs, well, that's great Line it up with the high liquidity that you see here understanding of absorption of selling pressure understanding of buyers coming in and getting aggressive on the other side and lifting the offer to higher levels and and look for targets too, so if This was another fib level or whatever kind of level it is for you And and there's liquidity up there. Well, that should Mesh nicely with your your trading strategy Okay All right any questions Okay, so yeah, we're really kind of stepping back here as you can see. I mean it's just Just moving so so quickly here And due to that lack of liquidity All right, I mean it's usually we see somewhere around 400 maybe, you know to 800 At these at these price levels instead. We're looking at in the tens Right and in you know the low 100s. That's That's quite quite a change here and that's why the S&P is behaving like this right now Okay Let's see for you know, usually I go through this process with the candlesticks and showing you like how We break apart the the candlesticks and and showing that Understanding of what book map is Displaying here for you I'm kind of bypassing that one today because I wanted to cover these these higher levels And in utilizing your your dome On these higher levels now because you can Right, whereas the dome is almost useless at our high at higher levels higher timeframe levels because It's it's impossible to I mean you're really gonna have to be some sort of like savant or something to Memorize all of those levels how they behaved did they add did they pull where did they add or pull to? How long ago well all of that information is just recorded here in the heat map It's just a really objective view of the market and it's there Plotted on the chart for you. All right, so now you can understand that part And on the higher time frames All right Now the traded volume Let's let's cover that a bit and then there's some phenomena. I want to show you guys and I may end up Taking that to the advanced Webinar Because there's all sorts of things really interesting things going on in this market right now so Yeah, let me let me go over the volume and then if we have a moment or two because we got to end in about five minutes if if I if I do then I'll go over some of the Ignition algos and some of these really interesting phenomena that we're seeing here So what and what I'm talking about is this Okay Just a moment It's my chart Refreshes here. Okay. Look at this. I'll go here Okay, so, you know, we can start to identify specific players in the market Right And we know that this is one individual actor because he's he's pulling liquidity adding it lower Adding you know pulling it adding it lower and very quickly right so most of the time what what this is You know, I'm it's very suspect when you see these types of things to That they're skewing the limit order book trying to maybe spoof or push You know showing lots of supply to maybe push price lower into higher liquidity In this case though in this kind of environment you know, this guy maybe just really needs to get out of the market and You know, maybe he just turned on his algo up here and said get me out Okay, you can see it was blue up here and Let's zoom into that area All right, and let's see this this behavior You know at a certain point maybe Who knows right? I do know that there's a lot of a lot of people got caught on the wrong side of these moves here, so That's why a lot of a lot of the Order flow or a lot of the this kind of behavior is going to show up So we want to be kind of careful in this environment. Yeah, it looks looks kind of like it right kind of looks like This guy he switched on his algo here Maybe it might have been here for a while and then it switched on and then it's just I got to get out of the market and You know he went from 45 down to down to 30 Okay Yeah, well, who knows I mean it Here he is with high liquidity here, you know 184 contracts Here's our large lot tracker this one this line here shows that one player is holding almost all of the liquidity at this Price level okay, so that's the large lot tracker identifies it, but we can also just identify it by this activity And you know he ended up not getting filled here right in fact. He's still working it so then Based on this it looks like he's trying to work it into some of this these levels here so it does look like an ignition algo a type of activity to skew that You know the the auction to get to get price to move down a little bit lower into some of these levels All right Very fascinating stuff to see this would be invisible in the book. You wouldn't see it Okay Anyway, you're able to to see that kind of stuff. Let's go back to the current market here and I Just I'll just briefly go over the volume here. So you guys understand what it is covered the heat map pretty much in depth here But the the book guys really does look like the Nasdaq All right, so We're just showing here and let me take the heat map off just for this Demo, okay, there's just three elements on this chart that we're showing so far One was that heat map? Okay, so you guys know what that is The other two elements are right here in front of us. One is historical best bid and offer. That's it. It's there's no Aggregation here like in a candlestick if you see the bid or the offer change. It's recorded in book map And that's what we plot. Okay, we just plot price And then you can see these dots here. Okay. Well these dots signify transactions their trades Okay, a green dot here is an aggressive market buy. Okay, they it's aggressive because they cross the spread they paid up for it and They took liquidity off of the best offer. They didn't provide it. They took it. Okay, a market sell is here Okay with the red dot And that's that. Okay, so those are the two elements there on the chart and we also have this You see these numbers here. This is a Add-on indicator of the iceberg detector. Okay, and then the that that third element is simply the heat map Okay, that's it All right, guys. Well, let's wrap it up. It's time to get to the next webinar It will we'll see you there or we'll see you same time tomorrow here. Okay. All right. Take care. Bye. Bye