 Okay, welcome to the book map platform details webinar. This is Bruce at book map risk disclaimer trading equities in futures involves substantial risk of loss And it's not suitable for all investors past performance is not necessarily indicative of future results Let's see here a lot of current customers in the webinar always great to see you guys in here and Ask questions. This is your chance to or the this is the proper format to ask questions about the platform if you have any and I can go through them in detail and and then at 11 a.m. Of course, we're going to go through the advanced order flow webinar So that's what you get at book map comm here We'll take a look in just a minute, but you get a 14-day free trial period of the platform. It comes with education The educational course here and then access to the advanced order flow webinar series And there's other Educational resources as well. You can reach out to us at book map comm support at book map comm and Let's take a look here. All right, so let's go to the home page in the beginning here and We can just start scrolling down There's some intro videos here in the about section and then just overview of what's going on here in book map This link here for the webinars. I'm going to update it probably in about another hour and a half or two and Then you can click here to register for next week's webinar series. Okay? Or you should get in an email as well, but anyway, that's how you can register if if you want to as well Just benefits etc Continue to scroll down. There's book map for equities here. So you can get equities feed We can look at some equities if you want. Just let me know Connectivity, okay, you will need a data provider. We are a software platform not a data provider Okay, and this is how these are the different ways that you can connect book map Pricing tab. Okay, so you get a 14-day free trial with book map basic or advanced here And let's go through the differences. Alright, so you also see quant over here now The only differences between these are the different features that are added on okay? For example that like on advanced you have the ability to trade right from the book map chart This is a significant significant advantage because you can Manage your orders within the liquidity heat map. That's displayed. Okay? And then there are these proprietary indicators that we also put together that Read the order flow. Okay, so they're they're not your Usual MACD or RSI or whatever it might be These are a very specific Indicators Okay, now if you need a data feed And you don't you don't have a data provider Click on this link here, and you can access that to get access to a trial period of a of a data feed Okay, and if you want more insight on which all the differences between the two you can click here for the feature comparison Okay, and quants you'll have other Specific features like connecting to your own data feed or your own data And your own indicators, etc. So just click here for to learn more and we can also contact you Let's see you can follow us here on Twitter okay, this is the at book map underscore pro is the Twitter handle and you get the most Updated information here. You can see that It's pretty active. We have some new new updates here on looking at some candlesticks and looking at Some order flow here as well, and then you can see that we also now There's a press release here for a Top-step trader. I don't know if any of you Are top step in the top-step trader program, but we also now offer book map in top-step trader Okay, so all sorts of news and information on the Twitter page you can also subscribe to our you our YouTube page here and All the different videos that you'll see for those of you are new there's a intro section here to go through and Just watch a very short videos here to get you up and running here and understand what's what's in book map And then features and comparisons Okay, so this is or components. I'm sorry to Understand really what the user interface what book map is showing you how to use it And then these order flow video snippets. This is reading the market Okay, reading what what book map is is really uncovering for you through its data visualization and then how to read that comprehend it digest it understand it and And then trade Based on that. Okay, how to start to use this tool to give you Optimized trading execution a more insight etc. Okay, so Let's take a look at book map Just curious on the bigger picture here for the moment Okay, and let's take a look at book map all right Okay, we'll take a look at the the NASDAQ and What's going on? All right, so All right for a lot of you who are new here Let's just go through the basics and then you can ask questions All right, so what we're looking at here in this this chart may look very foreign to you Okay, we also have an indicator subpanel as you can see here, but I'm going to close that up All right, and we're just going to look at this this chart here Okay, and we're really zoomed out here. So here's a 930 open and then this is current price right here Okay, so let's make this more familiar and We'll make it into a candlestick chart Okay, and I'm going to take all these other layers off here of data And then we're going to get into it and show you exactly what book map is displaying and how to how to read it This is a five-minute candlestick chart, okay and Now it's open high low close of a five-minute period and that's it right. We all know that We we also have a volume sub chart down here as you can see and this is Usually the the view we're accustomed to to to accessing There might be some other indicators proprietary indicators, etc But for the most part we see chart We see price displayed as as bars and it is an aggregated or a consolidated View of that period. So for example right here this big green candle with a big wick here Well, we This was five minutes of data and we don't know what happened between this candle previously and this one the net on the Next candle we have no we have no clue Right, we don't know For example, there might be little structural areas in here that were broken and And then we see volume come in and then drive price up and you know come up to the overnight or this at least the Highs here and then we see that there's some selling pressure in here, but we still have no clue About the type of volume that took place What what the auction was telling us at this time? How much volume really traded in specific areas in the micro structure? There's all sorts of data here that we just don't have access to and That's a problem. Okay, and that's where book map can solve this issue here Okay, because we can we can show you very specifically what's going on All right, and that's going to allow you to make much more informed trading decisions So for example, let's look at this little swing here And just start to piece things together. Okay, I'm just gonna zoom in quickly. All right. Well, this is what occurred All right, we see a lot of sideways action here at after the open. Okay, this is what I'm looking at here What I just added onto the chart is Historical best bid and offer. Okay, so we're looking at we're only looking at two different types of data here our five-minute candlestick chart and Historical best bid and offer. Okay, historical best offer is the red line and historical best bid is the green line Okay, and What what kind of insight is this giving us? Well first off is giving us a pretty good insight that this is a range We can see that there's you could draw in a trend line in this range and you can see that That range or that trend line would be broken in this area here All right And that's already giving us insight Okay, we can also see that we're gonna I'll wager that we're going to see Aggressive buying come into the market probably around this area here. Okay, certainly up above here And then probably a lot more up in these areas here. Okay, and that's gonna be pulling price up Okay, now all of that is lost here in this candle. We have no clue to any of that Any of that buying pressure? We don't know where it took place. We don't know about any micro structure We don't know the How much Exactly traded at that at that moment in that position here And then what type of volume? Okay, none of that none of that information is here Not not one not one bit of it So what let's turn on the volume Okay, so if I turn on the volume dots now we have the insight to on the historical best bid and offer in these little structural areas We have an understanding of what? Where the transactions took place? Okay, so here's our move on our break above here and we can see that in indeed there are some Some aggressive buyers here pulling price up Okay, don't see many here. Okay, I was thinking we'd probably see a bunch here We see a little bit, but really the aggressive buying took place up above this little range right here Okay started here and then in the they really followed through here to the upside Okay, so Anyway, so now we know now we know where that cluster of trading activity took place And that's already giving us a lot of insight here So for example that if that buying initiated in this area here We're looking for pullbacks into that area to see if they're still going to support price Okay, and that's exactly what kind of occurred here. All right, we can we can see it All right We see the pullbacks right here beautiful little pullbacks right here Okay, one and two we even see a little more aggressive a pullback and we see Exhaustion in these little areas here. Okay, we see we don't see too much trade activity at all Okay, it's exhausting out. In fact, we see more buying at higher highs. Okay That's very indicative of a trendy market to the upside. Okay, we're looking at here though a reversal pattern and that's what's going on up here we're going to see a shift in the order flow and We can get in we get into that more in the Advanced analysis webinar, so we're just going to go through the basics right now. In fact, that said I'm I'm going to put into the chat here a link to the advanced order flow analysis for you for those of you who are new here So if you don't have to usually you have to be in trial or a current customer so We just try to separate the two so those that Aren't Already in the in the trial or current customer can ask questions about the basics here And then we can really focus on the advanced analysis in the next webinar. Okay anyway And we will go through that We can see that Basically a shift in the order flow most likely kind of in this area here. I think but Yeah, this would be the best area here and then we see them hit the bid pretty hard. Okay, dry fries right back down anyway Now we understand where the volume is taking place Very specifically and this is what allows you to really optimize your trading Okay You know to start to understand Where the volume is trading exactly now? This is even more information than you're going to get from a footprint chart because that footprint chart is also going to be Related and aggregated on a bar Okay, it might be a bar rotation. It might be a time. It might be volume. Whatever it might be It's still going to be on a bar. Whereas we're giving you every single market event here. Okay, and Let me let me demo that so let's we'll zoom into this area right here. Okay All right, now we're going to get into very specific information here Okay, so that big cluster that we saw of buying Okay, this is what really occurred here So now the details and this is right here a very very clear objective view of the market Historical best offer is the red line Historical best bid is the green line These big dots that you see here these green dots these are market buy orders Okay, this is aggressor classification of volume The aggressor hit the market buy button and they took liquidity off of the best offer And that's what occurred here now. I'm zoomed into Millisecond level so we're looking at thousands of seconds but I'm going to hover over this dot and I'm going to use this data tip tool as well and Note that this is for a volume of 83 this dot. Well, there's more transactions that actually took place here So we're going to continue to zoom in here And we're going to break apart all of that trading activity Okay, this might have been one one trade for a volume of 40 Okay, and I we can we can actually we we can look that information up here And and know exactly what traded. Yes, it was it was one trade here one We have a trade counter in our volume counter over here in the columns one trade for a volume of 40 Okay, that is fact right and No matter if we zoom into Microsecond level or if we zoom in like we can we can do that we can continue to zoom in here Right and we can look at even nanosecond level. We're looking at billions of seconds This was one trade for a volume of 38 All right. Now note that there's another trade here for volume of five Okay, now note as I zoom back out and I compress the timeline I'm compressing all of that trade activity into a bigger dot and it's displayed here And it still gives me the overall I have the date the time The liquidity that was on the ask at that moment and the volume that traded 172 contracts All right, so we know exactly what occurred here This all market events there are very very objectively recorded and plotted onto the chart Right. Here's a market sell that took took liquidity off of the best the best bid Okay, so that's the traded volume. That's what you're looking at now note is I zoom back out see how this turned into a Pi display Okay, we're still giving all of all of the volume here 251 contracts But we see that the majority of it is aggressive buying but there's some selling in here as well That's because things happen so quickly That to give you a shape and understanding of what occurred here We have to give it in a bigger dot and we have to split up that dot in a pie display All right. So anyway, that's the volume and that's just the volume here Okay, and it leads to a lot of insight Okay, it allows you to start making better much more informed trading decisions. Okay, so for example, this is a shift in the order flow right here Okay, we see more selling starting to come in but then all of a sudden we're seeing that countered on the other side with aggressive buying Okay, we see another Move to the to the downside here Okay, now this is not it did not it really exhaust out This would be more like exhaustion where there's nothing that traded at these little areas. Okay, note This is a great little pullback right here And nothing traded there on the sell side. All right, so market rotates up higher So we start to see a shift in the order flow right here right and Yeah, we'll note it in real time in the in the in the live analysis webinar All right Now the that's the traded volume if Let's zoom out to current market. Okay, and let's take the candlesticks off at this point all right, so the Understanding the volume is really insightful. Okay, but it's not everything Okay, we there's still another really important piece here to the order flow and it's usually not covered in the with a lot of traders because It's it wasn't possible to to really record this this information and that is the auction right the depth of market and We usually access that with the dome. Okay, and this is your dome and book map Okay current order book and we can see liquidity here at these at these price levels Okay, 75 contracts up here at 94 66 here at 93 on the bid side Looking at well, we see 117 way down here All right Anyway, that's important information. We want to understand like where larger players are where the liquidity is And how is it behaving? How are they behaving in this auction? I mean if you show up to an auction and you know that they're bidding at a specific level That's important information to know right doesn't matter about transactions at that point the story is the interest of the of the buyer bidding and How aggressive they might be and do they are they really serious, you know, that's gonna skew the The the price in the auction And we see it all the time here and So that information Is important and it is lost here in the dome Okay, and this is a good snapshot of the current market right now, but this This liquidity changes and we see that those 117 cotton This is way far out from the market right now is several points away And we've already seen it go from 117 to 121 Okay, it's not much right. It's only four contracts, but it changed What if then this is a larger player our large lot tracker? Is this little white line shows that one player is holding the majority of liquidity at this level All right What if he pulls okay, are you gonna remember that at 86 and a half there was a larger player? Okay, that was like several points away in price That's a problem because you're gonna have to remember all that and that's rather difficult Where a book map what we do is record that data Okay, here it is we give it in this in this window here Which is the best bid and offer and this is your last traded volume right here and note note How the heat map is changing here Okay, that is the adding and pulling of liquidity So here are some guys some some players here around this 88 level are adding and pulling high liquidity We can see them Because when they pull and add that liquidity, it's recorded and it's plotted onto the chart historically So this is the adding and pulling of liquidity. Okay, it got really bright and then they pulled they added in again They pulled they added in again All right, so now we have an understanding of the historical best bid and offer Where the volume traded on the historical best bid and offer and the historical? Limit order book or auction Right, so here's that player down here, and this is where they started to get interested They added in high liquidity At this price level back around 1045 Right, so and that's it. That's what you're looking at here in book map Okay, now there's all sorts of other it's We have all sorts of other features as well. We have our cumulative volume Delta indicator here We have other many different data types here to look at You know, we can look at a trades counter quotes counter quotes Delta Time and sales your custom notes, etc All right, and you can customize your your columns You know in all sorts of different ways All right other things that we have up here Click on studies configuration and you're gonna note These are all the proprietary indicators that we have order book and balances large lot tracker our iceberg detector Okay, iceberg detector. I'm gonna turn on our indicators here. It's gonna show me where iceberg orders are Okay, and we in it's plotted with the number on the chart here as you can see All right, so there's another thing as well. I mean there's just all sorts of features We have API in book map. You can write your own trading strategies. It's Java based. So if you're Java programmer You can or hire one you can have your own Automated trading strategies. We actually offer three here chase escape and execute these These Algos here are reading order book and balances and then managing your trades based on that Okay, so really All sorts of different features those those algos You will need the book map advanced version to access those because you need the one-click trading. So Just note note that but it Set up your conditions looking for an order book and balance and then that will justify your position to you know, either allow Your limit order to stay in the market or to pull it and move it to another area Or to execute it immediately right Okay Anyway, those are the basics here And let's let's wrap it up. I gave you guys the link here. Let me put it into the chat again so in about three minutes we'll join over in the Advanced analysis webinar Okay All right guys, well then let's call it a day for now and then we'll get into the advanced webinar Analysis here in just a few minutes. Okay. Thanks for coming