 The cast is now starting. All attendees are in listen-only mode. Good morning, traders. Can you hear me and see my screen? If you could, just type yes in the questions. All right. All right. Thank you. Okay. Good morning, everybody. Okay. All right. Let's get started. Welcome to the Bookmap platform. Details webinar. This is Bruce at Bookmap. Risk disclaimer, trading, futures, equities, and digital currencies involves a substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. For more information, go to bookmap.com. The product comes along with education. Okay. So you get an educational course. It's a four-part series, about an hour each. Going through very specific and probably unique for a lot of you, a lot of traders. Just understanding some of the basic project mechanics in order flow. And then branching out from there. Okay. So then it started needing to look into structure and how the order flow behaves within a structure. And then a third part is more about understanding looking for specific setups within those structures. And then the fourth part is about advanced analysis of some of those structures and using some of the add-ons that I'll go over in a minute. Every day as well with the product you get the access to the advanced order flow webinars. They start at 11 Eastern. And so we cover the content and back up the content that is in that educational course. But we just go through it in the live markets. So we put those together and we start to anticipate the price movement based on what we see in the order flow in the live market. Okay. So let's take a look at the Bookmap.com website here. You can scroll down and there's an intro video here. Just get a feel for what's going on. But further down just information here about Bookmap in general. There's Bookmap for U.S. equities with NASDAQ TotalView. And I'll cover that here in just a minute. Connectivity. Okay. So what is Bookmap? Bookmap is a visualization software trading platform. Okay. We are a true platform and we're not a data provider. So for futures and U.S. equities you will need to provide your data. Okay. From your broker or from a paid feed, CQG Rhythmic, Gain Capital, IQ Feed, Transact Futures, or Dev Experts for that NASDAQ TotalView for those U.S. equities. Now you can see there's three other platforms here in our list. Like Ninja Trader, TTX Trader Pro, and Interactive Brokers. We connect via the API of these three platforms. Okay. So you can go that route as well. But we are a platform so you can connect directly with the data feed. Pricing information is here under packages. And I'll just go through this here. You can see it here monthly or yearly. Okay. If it's yearly you get the 20% discount. If you subscribe monthly. If you subscribe monthly. Okay. It's not working. Let me reload here. Okay. There we go. You can see the pricing difference that you receive. There's digital version and global version. Okay. The digital version is for all the digital currencies. The global version is for both the digital currencies as well as for U.S. equities and for futures. And that's the global. So you can see the digital here is free. You get live connectivity to the GDAX exchange for digital currency. Only one at a time. You also get a delayed U.S. data or feed for the U.S. equities data. So it's not real time but the GDAX connectivity is free as well as live. Okay. So you get the complete view of the heat map and the order flow, the volume, etc. And it is limited though with the education support. Okay. So support is not very limited. We're not going to go into detail with the free version. The digital plus version. What you get with that is you can trade right from the book map chart using the one click trading for your digital currency as well as you get up to 20 instruments that you can display at once. Okay. And you also get the advanced education as well as the full support. The global version here is what you'll need for connecting to futures or U.S. equities or both. It includes everything in digital plus but you also just get that connectivity. Okay. Global plus is everything and all of these here but it also includes this add-on package. Okay. The ability to trade right from the chart and then our host of add-on indicators that are proprietary based on understanding the order flow. Okay. And balance indicators, large lot tracker, iceberg detector. Being able to understand not only order flow phenomena but certain players, larger players in that order flow is getting very specific. A few links that you might be interested here. If you're new to futures you can click here and demo a data feed. So if you don't have a data feed you can get like a two week trial. If you want to see the complete list of comparisons for all the different versions here you can click here and if you have questions there's FAQ section here. Alright. Social media you can follow us here on Twitter at bookmap underscore pro and the YouTube page you can subscribe to our YouTube page and just briefly go through some of the videos here in the content. If you're new here you might want to watch these three intro videos and then there is a bookmap seven overview as well if you want to watch that. That's also included in this playlist here for features and components and just all the different kind of features here in bookmap. Order flow video snippets you might be really interested in these because what we're going through here in these order flow video snippets is the phenomena that bookmap uncovers in the market. These are concise videos that go through these concepts and these concepts are gone through in detail in the advanced order flow webinars. Let's take a look at bookmap and what's going on here and then get into some of the details. Let me know if you have any questions. We're going to look at the S&P E-mini here. Let's see there are some new traders in here so just reaching out to you welcome and let me know if you have any questions that's what this webinar is for to answer your questions and in general I need to go through and just describe what are the elements you're looking at here in the bookmap chart. Looks like there's a lot going on here and indeed there is a lot of data here but actually it's really simple and straightforward. There are only three elements on this bookmap chart one is historical best bid and offer the other are the dots within the historical best bid and offer that's the volume dots. We're seeing the volume plotted very precisely on the chart and then we're seeing this colored heat map here and the colored heat map what it is showing is the recording from the limit order book from your dome, your depth of market. High areas of liquidity in your dome is recorded graphically and then plotted on the chart historically. We can start to see how people were behaving at these areas previously and currently in the auction. Officially launching the bookmap XP portal Thank you. Thanks for mentioning that. That's one thing that I can cover right off the bat for you guys. I have the bookmap global plus here but I want to show you this here. You can see here what I'm connected to. I have multiple connections here. I have the GDAX exchange here for digital currencies or cryptocurrencies. I'm connected to Rhythmic for my futures data. I'm also connected to S5 Trader for futures data and then you can see here I'm also connected with DX feed for those US equities. So if you have any questions about the US equities I can go through those or about the cryptocurrencies. Here as well you can see that the Cedro crystal I'm not connected at the moment but I can also connect to the Brazilian Cedro market there. Edson is talking about the XP. Thanks a lot Edson. I really appreciate that. Let's go through some of the details here in the chart. S&P is coming down into pretty interesting level here. We can already see the action in the order book. We're at the 2700 figure that we struggled to get to yesterday but it kept on continuing to advance yesterday and now we're coming back to test that area and you can see the buyers lining up here in the order book. Let me close up. This is a CVD cumulative volume delta subpanel indicator that we have. I'm not going to cover that here. We're just going to go through the basics in book maps so you guys understand what you're looking at. Let's turn on this candlestick chart here because we do have candlesticks as well. I'm going to take everything else off so that we're just looking at the candlestick for the moment. Here we go. Here's our candlestick chart and we're all accustomed to this kind of view here. It's a five minute candlestick chart. Here we are breaking down below a price range. We want to see if we accept down below in these areas. You can see that we've been trending kind of down since 930 open. The candlesticks I don't have anything against them. I like them. I just think that it's quite hard to read the buying and selling pressure in here by just looking at these four data points of open, high, low, and close. We just don't have any insight to what happened inside that aggregated period. See that's the problem with the candlestick chart. It's a problem with many of the charting platforms out there. They aggregate their data. Bookmap does not. You're getting a very, very clear and objective view of the market. We pull that off by just being able to display here the historical best bid and offer. Very simply. That's it. I just added that onto the chart here. What this allows you to do is see the price action within these five minute periods of the candle. What constituted that candle? For example, you can see here some of these little micro structures. Let's zoom in. Here's what occurred. We broke down here into another little micro structural level here. You can see the sideways action back and forth. We broke out of that area here right here after this five minute period closed. We actually went above the swing here as well. We can see that we accepted above this range here. We were trending down and now we're starting to see a change. This is micro structural of course, but the change is still here. You can use that to your advantage if that's something that you want to, if you were bullish, you'd be looking at these areas here and understanding that we broke that area. We came up and tested the high here and we returned back here to a little bit higher than where we actually broke out from. We accepted higher. We did not come back into this range. That's a lot of detail just by historical best bid and offer. Let's see how the volume behaved in this area here to give us insight to the tape, the order flow. Here we go. We can start to see who's in control in some of these areas. For example you can see as we're coming down here you're starting to see more red, which is the aggressive seller. Starting to turn around here we see some buyers starting in some green coming in here. Look at the clusters of these transactions here on the way up. This is very typical. You're seeing a change in the order flow. More aggressive buying on this way up here. We can zoom in a little bit more and get more insight. You can see what I'm talking about. Look at the little retest back here. This is a really nice little area here. It retested. There's very little selling here. The majority is buying. This is bullish. We're reading the tape and we're looking at these areas where it pulled back to. We can see that there's still bullish intent here as we see more buying up at some of the higher highs in this microstructural area. Based on the tape we're looking for a retest back to the high here and we'll see if we break out from that area and accept higher. Let's get some insight. We tested up higher but we actually traded back into the range here. There's another little micro range here as well and you can see that we accepted above that. This isn't so bullish because here's the swing. Here's where we accepted slightly above this area here. Already a tremendous insight here just by looking at the volume, understanding that volume understanding these moves and breakouts of that microstructural area and putting those pieces together. All of that data here is completely opaque within these candlesticks. We just don't know. We have no clue. We don't know where the volume traded. We don't know how much traded where exactly and what type. What I mean by what type. This is important and I cover it every day here. Let's assume into these two elements that we're showing here. Historical best bid and offer. Best offer is the red, best bid is the green and then the dots here. The transactions that took place on historical best bid and offer. This green dot here is a market buy. We're displaying here this pretty typical display but not every platform is showing this. It's the aggressor classification of the volume. We consider a market buy order aggressive because it didn't provide liquidity. They didn't wait. They crossed the spread and they paid up and they wanted into the market now. That's what the market buy button does for you. It takes liquidity off of the best offer. The opposite is true here for the red dot. If I zoom into some of these areas here you're going to start to note these clusters of this buying. We can really start to understand. We're looking at microsecond levels down here. We can continue to zoom in and look at nanosecond levels. We're talking billions of seconds here. Here we are. Look at our timeline. Billions. We're recording every single market event and plotting it onto the chart. You have access to all of that data. All of that data is displayed. We're just graphically aggregating that into a bigger dot. It's all still here. It's displayed this way so you have a better understanding of what's going on. Let me bring up the dot size to make the point. Here it is. This dot right here we can use our data tip tool and hover over this volume dot and we get the date of the time. What was on the offer here at this price level and the volume. This dot constitutes a volume of 53 contracts. Here's a smaller one over here. This is for 5. Volume of 5. We know as we zoomed in here that we saw dots within dots. It's all still here as it unfolded. It's really just your time in sales looking at it graphically and horizontally. Being able to read it that way with the price swings here. Those are the two elements here. Even a footprint chart is something that gives you the aggressor classification as well. Lifting the offer, hitting the bid, who's in control type of thing. The problem with that footprint chart is it aggregates this data as well within a bar. You won't be able to see these little micro structural areas and how price is behaving within them. That's the problem with the footprint chart. That aggregates data. This chart is from the heat map. Let's turn that on and turn off the candles at this point. We see the historical best bid and offer, the volume that traded there. Now we're looking at this colored heat map. What does it represent? Let's go to the current market. Zoom in a little bit and here we go. In this window here, this is the live current market. Best bid and offer is the dashed lines here. Last traded volume is here. Here's our price ladder. This COB column, this stands for current order book. Zoom in a little bit more. This is your dome. These are contracts here on the offer. Here's contracts here on the bid. Note how these numbers are always changing. People are adding and pulling liquidity constantly in the market. That's the problem here with the dome. When these contracts update, that previous data is lost. How do you know if they pulled or added previously in that area? What about the areas around it? How did they behave? Were they adding or pulling or front running? All of these kinds of things we want to understand. That's really tedious to recall all of that data and have it in your mind for using a dome in trading from the dome. This window here, we take the numerical values and turn that into a heat map. Here's the heat map scale up here. Dark gray is low liquidity and high liquidity is the orange. Here's yellow. It's pretty high liquidity, but up here there's more. 400 contracts here is what this represents. Up here at 05, we see it's almost 500 contracts. Let's see how... Do you know if a level will be broken or if it will hold? Well, we never know. What we do know is understanding the context and their behavior in the book. We don't know if they're lower or lower probability. For example, look at how they're pretty aggressive here in the order book. They were up here on the offer and now they're lowering that offer. They want to be sellers at lower areas here. That's skewing the auction. This is new information in the auction. There's more supply up here than we have demand to come up and test that area. We're finding that it's skewing the auction to the downside and it looks like it wants to press it into some of these areas. We're in a 98. Let's get into 97 and 96. Understanding this kind of behavior is just great insight. We can see what's going on here. It's been stained here waiting to get filled. Look at the behavior on the other side. Pretty aggressive here, 98. Looks like a job well done here. Let's see if the sellers take these guys on here at 98. We see a lot of buying down here now. Coming into this higher liquidity as well. It's a moving type of activity. Now maybe the target here is 03.25. They're pretty aggressive here at 98 and they have not been tested yet. That's what we're putting together in terms of context. I'm looking for aggressive buyers to start stepping in here and let's see if we can come up and get into higher liquidity up here. It's not an indicator here. It's the market and we want to understand the context of that market. This kind of analysis that I'm doing right now is what we go through in the advanced order flow webinars. Understanding the context of the transactions within the liquidity heat map. Let's see if we can come back down and test these guys now at 98. Let's see if they mean business here. Sure, Bill. Reach out to us. You can go to the Contact Us page. There's a phone number there. As well as an email. No problem. That's what we're here for. Bill, I do need to let you know though I have a few different meetings this afternoon so it's going to be pretty much later in the afternoon if I be able to contact you. Please note that. I'll be pretty busy this afternoon and early afternoon. Let's check this out. How do they behave here? I'm going to get into this area and I'm going to get precise understanding and I think this will help answer your question as well. Look at the high liquidity here and look what traded. We're going to analyze this and we're going to understand exactly what occurred in this market. Here on the bid, they stayed here and we were noticing that here at 98. 223 contracts. Note how we're trading into that area. These guys meant business. Now they polled here as well but it's starting to take their liquidity. We went from, let's zoom in and just get really specific here because this is going to help understand the context of the traders at these levels. Here we had 112 contracts. Well out of all of that, about 400 of them traded. The majority of these contracts traded. That is fact. We know that. We're identifying larger players willing to trade here. This is real liquidity. They stayed in the book. What does that mean? It means that we need to zoom back out and understand what's going on here. They're absorbing here and they're absorbing up at a higher level. We also want to understand the context of the aggressive selling. It also means here if we want to see the reaction after this occurs. Here's our answer. Here's our context. There's a lot of buyers starting to step in here as well. Look at the selling down here. There's still more appetite for selling. We did not break any microstructural levels. We did not trade above any of these areas here. We're starting to note that there's more selling appetite. We're coming down and testing further into higher areas of liquidity. There's still staying in here and absorbing. Larger players can absorb as price is going down against them. What we're going to note here is there's going to be a shift in this order flow. As they absorb selling pressure, there's going to be a certain point where the selling pressure starts to exhaust and we see buyers step in. Here it is here. You can see it. We need to come up and test above the swing here at this 95.5 area and we need to see more significant volume trade up in these areas here if we're going to get a complete reversal. Else we just may go sideways here for a bit. We may even see more sellers engage again and test into lower areas. Whatever the case is we're going to read it. This is a microstructural area here that you can see they broke it and traded up again into these areas. We're looking for a bigger move here. We need to accept above at least this swing and maybe then we'd get up into the swing up here around 99 and the figure up here at 2700. I need to leave you with that. Some good stuff and we will continue tomorrow. Thanks.