 And let's go through the live order flow analysis here in bookmap, okay? So anyway, risk disclaimer, trading equities and futures involved with substantial risk of loss is not suitable for all investors. Past performance is not indicative of future results. Let's see, you guys are already in trial or members, so you know all of this information here. The bookmap portal, where you can find all sorts of resources, but just in case you don't know about the YouTube page or following us on Twitter, okay, at bookmap underscore pro. But the YouTube page, I need to give you a link for all of the recorded webinars here. I do have them, so let me give that to you. But these are available to you guys, not for those that are just the basic public, all right? So we're honing the content for the more advanced users. So it doesn't confuse the other new traders here. So just a moment here, and I want to give you that link. Here it is. Okay, so you guys have been asking me about this, so there's the link for the webinar recordings, okay? And you can see the other features, components, video snippets, the educational course. If you guys are in trial, I would highly recommend that you watch a few of these video snippets just to start with, and then go through the educational course as well, okay? It's four parts. Four parts here, you're going to learn about these markets, and then what bookmap is showing you, too, and then how to start using bookmap within these markets, okay? And then these are the recorded platform webinars for the basic people. All right, well let's jump in here. We had the oil fundamental release here, the inventories, and let's watch some of that, because we're getting a lot of price action right now, and just you can see the volatility back and forth here, okay? So let's see the oil inventories here. Let's see what was the number, all right? So negative 1.5, and the expectation was negative 3.2 million barrels, okay? So, boy, you know, I mean, some of these releases, I mean, that's, you know, basically bearish activity, but we're seeing a nice spike to the upside, but right into this area on our higher time frame, okay? So just have an idea of the range that we're in, and the higher time frame here, between, well, 49, you know, 32 or something, and the lows here at 48.55, and then let's jump over to bookmap, all right? So, and I'll go through any questions you guys have regarding this fundamental release and start to understand what's going on here, because the basics of order flow and mechanics can be seen very clearly, I think, within some of these releases, economic releases, because of the lack of liquidity and how the market behaves with a lack of liquidity, right? And anyway, we can see that real, real pretty aggressive move here to the upside. I'm looking for continuation, and just why do I say that? Because I'm looking at, you know, maybe some of the weaker players are going to be placing some of the stops up in these areas here, and this is what looks like they're gunning for, okay? They're gunning for that higher liquidity up in some of these areas, and we can see them here at 49.30, lining up in the book, ready to take any of those stops at some of those areas, very high liquidity here, okay? And that's how we're starting off the process here when we show up to the marketplace. We're looking for the current condition of the market, okay? Where's the high liquidity? 237 contracts, 214 contracts up here at 30 and 31, and then 25, starting to show a little bit of interest as well. And then what about on the bid, okay? Well, they're down here at 49.11, okay? Interesting to see this, the figure here, 49 even, actually the big move here started before that, okay? So down here at 48.95, but you can see them starting to line up here at 49.05, okay? So very little traded here at the figure. Usually you see a lot of activity at the figure, okay? And you can see that in the volume column here, okay? Look at our very low volume node here. So this actually didn't quite auction out correctly, and we want to see that auction, you know, that is more in line with, we know that there's traders in here. And actually it doesn't look too bad. Here's where it looks a little thin, but I mean, this is, we see the intent, right? Look at the very, very aggressive, the big green dots, okay? There's a little bit of lack in some of this area. So we might get a retest in some of that area, okay? And that's just a market auction theory, but that's something to consider if you follow that. And what else do we see at the moment? So current configuration of the book, okay? We identified that high liquidity, okay? That's the first step. We want to understand the current market, okay? Add an auction. It's just like showing up and where are people really interested in buying or selling? That's it, okay? Same thing we're doing here in Bookmap, okay? Now what we want to start to identify is the behavior of those traders at these areas. Do they have the intent to trade at these areas? So there might be a lot of sellers or a lot of buyers at a specific area, but when price approaches them, do they really want to buy or sell? And that's what we want to gauge, okay? And this is, you know, the data is all here. It's very objective in Bookmap, but we can't, there's no indicator out there that is going to gauge that intent to trade. I mean, we can, just because a big white line appears in Bookmap doesn't mean that the price is going to stop and reverse or, you know, trade into that area. It just means there are a lot of buyers or a lot of sellers, okay? But where this becomes, and that's very objective information, but we need to read and understand the context of the areas around it, and that is important to understand, okay? So that's what we went through yesterday, and we'll continue to do this. It's just what, how you can really gauge that intent to trade, and that's going to give you insight, a lot of insight to the price movements, okay? Because right now, for example, if you're trading something like, oh, I don't know, you're looking at, you know, some sort of MACD crossover, or let's look at an indicator here in the subpanel, or CVD, okay? And you're looking for maybe, oh, I don't know, maybe a retest of this area. Well, we might get it, okay? We don't know right now, but the real story here right now is the liquidity here between 05 and 10, okay? And that's where they are lining up to buy, and it's the context to it right now. It's not a lot, right? But that's where they are, okay? We can see that beforehand, where they really built out the book was down in this area. This is a really nice break. This is really good data to look at here. High liquidity on both sides, and then a breakthrough in trades in a battle, big battle in some of these areas here, and just real strong upward pressure, okay? So, you know, people flipping out, they had it wrong, they're going to be natural buyers with their stops being triggered, etc., okay? So anyway, we're gauging the intent to the trade or the traders in that auction, and we're starting to understand these levels in context to the auction, okay? Current auction, well, you can see they're getting pretty interested at lower levels here at 49.20, okay? And now they're getting tested here too, okay? We're one tick away from that high liquidity. Look at the battle. So, we can see both sides, very narrow channel here, and you know, this is, there we go, okay? So, the buyers took them on. We already got our retest of it, and we're off to the races here, up to our 49. Well, up to that high liquidity, okay? 49, well, 35 to 40, okay? That's exactly where we went, right? Okay? That's why we stopped there, okay? Now that we're seeing a little bit of a rotation, but we understand that was the target, okay? Okay? And, you know, from the get-go, you know, I was looking for continuation, and I didn't have enough time here to go through it. We can see a little bit of spoofing right here, and here, spoofing type of activity, okay? And that channeling and that battle that we just saw that was unfolding here, okay? We noticed that as well, and we see the victor now, okay? And I like the way this auctioned. You know, we see big green dots pushing, you know, or pulling price up, okay? And that's, and we're still trading up in a range now that is up above pretty high, pretty strong breakout, okay? But it doesn't mean we can come back down and test the low volume node here, but I'm curious. I want to see if traders start to line up in this zone here around 25, okay? They're actually down a little bit lower at 49.20, okay? We can see them, and why are they here at 49.20? Because this is where we broke from, okay? If these buyers here, this is important to understand and read book map, okay? We can see high liquidity here, we trade through, we see the transactions take place, and this is where the initiated buying started right here at 49.20. Look at them flip from offer to bid, okay? And they're lining up here to support price. So they want to be buyers again down at this area. So this might be our new range and value area of what traders consider the value of crude oil, okay? Between 49.20 and 49.40, and that is currently where we are channeling, okay? Look at, now we're starting to read the context of that breakout, okay? This is a little different than previously, okay? This is a little, it's showing a little more weakness here now, and why do I say that? Because we're coming down, okay, let me back up for a minute, and let me show you. Look at this range here, okay? This range here has been broken. If we zoom out, look at this range here, okay? Let me know if you guys have any questions on this, okay? But I want you to understand this point. This range here is pretty bullish, okay? Because the price action is taking place at a higher area, okay? This is a very strong breakout. We did not come back down to where we originally broke from down here in this area, okay? Instead, we break higher yet again, right? And that is bullish, and that's why I was looking for extension to the upside, okay? Does everyone understand that? So, then what's the difference here in this range, in this breakout? Anyone? And why am I calling this a little bit weaker? Short trap, Adam? No, I wouldn't say that. This might be a little trap right here. That's very possible, this little micro range right here. And why do I say that? Because I mean, we see the same thing kind of repeat again and again. Look at this little microstructure range, and we have not come back down to it yet, right? So, we're back up into our previous range. So, you might be right, Adam, on this. It might be a trap volume. And we'll see one more push to the upside here. And here we go. Let's see, okay? And now my expectation for this next push is less than the previous one, or maybe equal to the previous push, okay? So, somewhere about this range between 23 and 38, okay? So, that's what, 15 ticks, right? So, I'm expecting this breakout here to be less than or equal to 15 ticks, okay? And why do I expect that? Or anticipate that action, right? I mean, well, we can see really high liquidity up here now at the figure, half figure 4950, really starting to get interested in this area here, okay? Well, so, let's go through it again, okay? So, this range is at a pretty high level here. This is a pretty strong breakout. Let's measure this breakout here, okay? Into that high liquidity, okay? I'm actually surprised that this really strong breakout did not go up into the 3930 area here, kind of basically exhausted out a little bit in one sideways, and then we see the break here to the upside into 30 and a bit beyond, okay? Now we're getting up into 40, and now it's kind of struggling, okay? And we anticipated that already. The reason, and why we anticipated that to be a less significant breakout is because we can see it waning here. The breakout here was not as strong, okay? And the pullback was stronger, all right? So, Adam correctly identified the trap volume here in the microstructure. We can see it, okay? This little, this is where that volume was trapped, was right in this area right here, where they hit the bid, or lifted the offer pretty hard, okay? And we get our retest here, and you know, on some of these little areas as well, okay? And that's a microcosm of some of the other things we're looking at, and that's why it's microstructure. Anyway, this breakout here, the pullback was very shallow. So, I'm anticipating movement to the upside to find high liquidity to still value, to find value, to determine the value of this instrument. What is it worth to traders, okay? Look at them lining up here now at 4920, much more so than before, okay? So, this is where they wanted, this is where we didn't get a retest of 20. We got, we almost did here, and then we get, we see one more push to the upside. They're lining up here at 20 though, okay? Now, I would start to anticipate these guys lining up here at 20, to not only get tested, but I would start to anticipate it to trade potentially, we'll get a bounce here, and maybe move back up into 30, and then continuation to the downside, okay? And it's already on the move. We have already broken out of the microstructure, okay? I just don't have enough time to go through all this. So, why I say that, boy, let me finish one point and then move to the next. The pullback here was shallow. The pullback here was deep. The breakout here was not as strong. The breakout here was even less strong. That's why I was looking for less than or equal to 15 ticks, okay? We didn't even get 15, not even close, right? And then now we can see the pullback to this area here. It tested, right? It tested it, and there were buyers. They supported it for a little bit, okay? We got another retest of the high. Now look at the high though. Look at the buying up here, in these areas here, very little, okay? We see high liquidity at the half figure, right? And we see that this move was pretty meager, and we see immediate retest of that move, okay? And then we see the breakdown here, okay? So, that's why I was anticipating a move back down in 249.20, okay? And instead, we didn't, we got about halfway there, and then we got a little bit of a shift, okay? So, we may still make it that one more big push into the half figure here. That's possible. We'll keep an eye out for it, but that's one scenario here that can unfold. Another scenario is testing 20, and then we might see, we need to see if they're still interested here, that intent to trade, and then maybe we'll get the bounce up into 50, right? But another scenario, and why I'm leaning toward it is the breakdown of 20 is just due to the news, and, you know, just due to what we saw, and not only due to the news, due to the breakouts that I'm witnessing and the pullbacks. So, the value of this currency now, currency, of this commodity is between 20 and 40, or, you know, basically up to 40 and 50. So, and we are channeling between those value areas, okay? Responsive buyers down here, responsive sellers up in this area, all right? Okay. So, anyway, that's any questions, pretty detailed analysis here, and some more advanced concepts for you guys, but I think that you will find it helpful, right? And I'm just, you know, we're very objectively looking at this process here of reading the auction, okay? We're reading also the moves, we're also reading the trading ranges, okay? But within those moves and within those trading ranges, we're very objectively reading the auction, where they're lining up and their intent to trade, okay? We haven't even really covered, I've covered some, but we haven't really covered much of the traded volume, okay? That's the, the reading the tape here, and we covered a little bit here on that retest of the hot, here we go. Let me see if we get our 4950 area here. Now, what we're going to have to have, what are we looking for here, if we're going to get a test into 50? Anyone have an idea? Yep, that's right, we're looking for really, really big green dots to pull the market up. Aggressive buying, yep, exactly, exactly. And here we go, okay? Here we're starting to see, look at that volume cluster here of aggressive buy volume, and these guys pull at 4940, okay? 4950 is in, it's in the, you know, it's on the radar here. Now, I'm looking for, okay, are they going to support it here around 37 or so? Are they going to show up again and start buying more aggressively here? Okay, let's see if the high liquidity comes in at this area, okay? We want to see high liquidity here, skew the book, and we also want to see that combined with aggressive buying to pull that market up. And we want to see them pull at 4945 to get up in here to 50. Okay, here we go. Now, they're adding up here, you know, maybe at 30, but that's not very aggressive. That's far away. Okay, here, just aggressive buying, basically, 4945. Okay, let's get our test. Come on, guys. They might need a little push here, so let's see. Some front running starting to come in before the figure, half figure. Okay, now, due to that front running here, that's when a lot of times we'll see that, you know, we'll see the skew in the book on the other side here on the bid, because these guys are getting eager here to get filled. Okay, so the larger players, you know, that how are they going to get filled? They've been waiting up here. How long have they been waiting? They're getting tested now. Okay, let's see if we get that skew. No, they just buy it up. Wow. Okay, there we go. We got our test. Okay, and I'm looking for, now we want to see if we have 60 on the map. Okay, we also have them getting a little more aggressive here. They want to be buyers here at 39. Okay, but look at the breakout here. It's pretty meager. Okay, maybe just one more push. Come on, one more push and just really get people going. Any weaker hands that started selling here, they're going to be covering if we get without one more push. All right, so yeah, now we're starting to see the sell-off starting to occur, starting to see a little bit of a rotation. Okay, we are below where they were starting to buy here just to push it up through 50. Okay, now look at the behavior here and the intent to trade. Okay, they're showing high liquidity at lower levels here. Okay, and look at the what, look, how about the retest? Look at the high here, very little. Okay, none here. Okay, no aggressive volume. So now we might start to see that shift in the order flow. Okay, what we need to see now and what we're looking for is aggressive sell volume at lower lows. Okay, and we're not, we're not getting that right now, not yet, not yet. Okay, I want to see a lot of selling at lower lows, the commitment of those sellers. Instead, they're starting to dry up in some of these areas. It's pretty, it's pretty weak. Okay, I mean we are selling off, okay, we're down to 40, but we want to see, you know, that tape start to tell us that, you know, the order flow has kind of shifted over. Okay, we saw the shift over here with that high liquidity, but this is very short term. If they want to be sellers, they'd stay in the book. Yeah, beautiful stuff holding up these these little microstructural areas, you can gain a lot of insight from these microstructural areas. It leads to the bigger moves, and this is where book map is going to help you, is start to identify this. Adam started to identify this area here as a, you know, potential trap, and that's exactly what it was. Okay, we even get one more retest here, but we're still not getting down into that volume down here, right? Daily moving average is at 47. Ah, okay. Rick, I can send you a link to this webinar here. Okay, it's in the chat as well. You can see it there. Here, I'll put it in again. I still have it loaded. There you go. Okay, now, you know, obviously, it's going to be up in a bit, but anyway, it's going to take, you know, probably look forward in about an hour and a half or so. Okay, so Adam, interesting. So you're saying, I'm sorry, you're saying at 49, 47. Okay, so looking at that 200 moving average. Okay, got you. The, well, you know, you know, maybe the longer-term traders are looking at that. You know, this is why I don't really like looking at moving averages, because I don't know who's looking at it. I don't know what who's committed. It's not very objective for me. Okay, knowing where the traders are lining up and that intent to trade is very objective. I know they're there. I see it. I can see them getting filled. I can see them staying in the book. That's what I want to know. I don't care about a moving average. I don't care about some derivative of price. Okay, the cumulative volume delta is also, you know, it's a derivative. It's an indicator. It's measuring, and it's a good one. I mean, I like it, but it's still, and a lot of traders use it, but you know, I want to know where the traders are committed and what kind of trading it is. Okay, this is basically exactly what we've been looking for here. Maybe that one more push and then exhaustion is kind of what I was looking for, but we didn't even get that, and we still might. We still might. But because we can see another range starting to develop here, right here. And you can see that's where the buying started. So are they going to start supporting that once again here at that level? That's what we want to know. And what about the micro range? Well, let's see. You can see I'm lining up here wanting to absorb at $49.40. Okay, so there's the analysis I'm looking for. I want to see that auction to support price where they were supporting it earlier. Okay, now we can draw a little trend line in here. And right here is where I'm looking for. Let's see if those buyers are really committed. If they are, we'll see big green dots pulling that price up into higher high or at least to test the previous high. And it's looking pretty meager right now. Not getting much. Now, let's see if they, let's draw a trend line in here as well. Okay, that's what we're looking at. I want to see volume trade above not only this trend line, but also this little swing here. So $49.45 is where the action is going to take place. Okay, we might see it in even like a really, you know, micro range here take place as well. We can keep an eye on it. Okay, right now I'm starting to see sellers line up, you know, aggressive sellers trying to chew through $49.40. But that can flip very quickly. And we'll see. All right, now we get the breakdown here. It's still pretty meager here. I mean, like, you know, this can reject as well. You know, looking for now looking for this is going to be your trap. Right, the breakdown of $49.40 or $39. This could be the potential trap. But I'm not seeing a lot of committed sellers here. And that's what I was looking for. And not yet. I mean, that can happen in a heartbeat as well. But right now, we don't know if they're going to show up or not. Okay, if they are, we'll see the book skew and the aggressive selling here. Okay, starting to get some. And you can see it in here. But it's still pretty meager, but it is pulling price down. Okay, now we're testing here where we broke from previously. Okay, so now it's this range here. Now let's see if those buyers show up. Okay, showing pretty aggressive behavior here in the book, but no commitment on the tape. It's just kind of going back and forth here. And heat map here, let's adjust this a little bit. It's not helping. All right, that's a little bit better. I mean, it's high liquidity and it's very aggressive. So the battle is getting ready here. We're shaping up for the battle. I'm just not seeing any commitment here on the buyer sell side. Okay, and the liquidity also is not very committed here at 32. And also here pretty far away at 40. Okay, this might be, look for these areas here. A lot of times you'll see the larger players start to enter their targets first. Okay, 49, 45. Okay, we know we can see the behavior. Okay, they're getting first in line. That is their intent. Okay, now we might see something happen here. Okay, and let's see if we get the skew. Okay, the liquidity's pulling here at 36. We're getting the skew and let's see the aggressive buying. Okay, let's see it guys. Okay, testing our trend line, but it's still above here. I'm more interested. Okay, nothing to hang our hat on at the moment. Okay, you can also see that traders lining up immediately after here targeting this area on the bid at 28. 28 is kind of funny. It's just below the swing here down here, but it's not where we broke from here. Okay, yeah, I'm still not getting any insight here. Okay, that picture was very different over in these areas where it was very insightful. We saw the commitment, we understood the liquidity, we understood the intent to trade, and we started to anticipate these price movements right now. I don't know. Okay, and Bookmap's telling me that. I'm just reading it. Okay, here's the skew. Okay, at 34, we still, you know, we need the aggressor. Also, another thing. Notice how, now, okay, this is kind of medium term liquidity between this 28 and this 45 area, and we're channeling between it. Okay, and it's longer term liquidity more, it's longer than this area here. Look what's happening in between that longer term liquidity. There's very short term high liquidity. Okay, little auction skews. I mean, that's usually where you see a lot of that activity, and that's why you get these little trappy areas between high liquidity and a range. Yeah, it's, I mean, there's really no, I don't really see any commitment here. So when we see things like this, okay, now, let's say we saw right in this area here, so this is how to maybe start to, it's hypothetical because I'm, you know, I'm looking for, let's say we saw big green dots in this area here, we'll look for a quick retest or just join in, just jump in. Okay, this is a strategy we went through in part three of the book map education series. Let me show that. Okay, it's on the YouTube page, part three right here. Okay, so that's where you can find it here. And it's hard to catch these. I mean, we don't have an insight here. So, you know, they can just jump in very quickly, skew the book, sweep the book, and then have aggressive buying all of a sudden like move price quickly. We're seeing a skew here, okay, at a higher area. Let's see if we get hit our target here at 45. Okay, this looks pretty good. So what I'm getting at here is when we don't know and don't have that insight, you know, the movement will happen very quickly. And that's where you're just going to have to, you're going to have to jump in with a market buy. All right. Else, another strategy is you can look for the pullback, okay, and you got two of them here, right here, one, two. Okay, but on those kind of pullbacks here, look at the volume that traded here, nothing. Right, so you're not going to get filled. So the aggressor, that behavior is just going to pull price up quickly. Right, so that's why, you know, you might need to just aggressively jump in. Now, in this context here, it is still not telling. And the reason being is that we need more commitment here on the buy side. And I just don't see it. So I, you know, I would stay away. But if we did start to see this microstructure broken and we start to see the aggressive buyers starting to jump in and we see a skew of that book, then the potential strategy for using that information is to jump in, looking for those, following those initiated buyers to pull price up out of the level. Okay, or look for the pullback. Okay, so there's two. Now, another thing is you might not get the pullback to where it broke from, like in this case here. But you can place it maybe a ticker too higher. And if you're looking for the pullback, right, you might take a, you know, a little bit of heat, but you'll be in with the initiated buying. Okay, hopefully, there's not a lot of contracts that trade on the sell side. So you might not get in. So just keep that in mind. As you know, price leaves the, you know, the station, it leaves you behind. Okay, well, we almost got up. We came one tick away from our 49-45 area here. And that was it. But we do have the microstructure broken here around 37 and we're testing that area right now. Yeah, you know, I still like, I'm not getting too much insight here, starting to see some aggressive limit orders on the sell side. That's looking pretty good. Okay, so maybe we'll see the sellers now start to get committed here. Okay, and then what will this volume be up here? Anyone? Yep, exactly. Yeah, it'll be trapped. It'll be trapped volume. Okay, all right. All right, guys, well, let's wrap it up. Let's call it a day. And we will, we will catch up with you tomorrow. Okay, yeah, you guys, you're welcome. Okay, bye-bye.