 Okay, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap Risk Disclaimer, Trading Futures, Equities, and Digital Currencies Involve 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. There are a variety of new products. They come with education, except for the free one. So what the education includes is the educational course. It's a four-part series, and about an hour long each. And then you get access to the advanced order flow webinars that start at 11 Eastern time. So the advanced order flow webinars cover the live market, but go over and support the content that is covered in the Bookmap Educational Course. So let's take a look at bookmap.com. You can scroll down here, intro video, information about Bookmap. There is DevExperts data feed here, and just a bit further down, connectivity. So this is important. Bookmap is a visualization software trading platform. We don't provide data. So we do have actually a unique connection where automatically you're going to get connectivity to GDAX for digital currencies. So that is available now through Bookmap 7.0. The new beta version that I'll be demoing here. But for all the rest here, you will need to provide your data. So this is how it works. So you can see we connect to NinjaTrader, TTXTrader Pro, as well as Interactive Brokers Traders Workstation. Now these are three platforms, but we will connect via the API of these three platforms. But we are a platform, just like they are. So you can connect directly, which is the preferred method, to connect directly Bookmap with like CQG, or Rhythmic, or Gain, or IQ Feed, or Transact, or DevExperts, which will include the NASDAQ TotalView. And that's for all US equities. Okay, let's see a question right off the bat here. So Forex, Carmen, the Forex markets, they don't have a centralized limit order book. It's over-the-counter exchange. So it's very different. Therefore, we really, I mean, yeah, I mean, we don't connect to Forex. Instead, we connect to the currency futures, though, through the CME, or if it's offered on another futures exchange, that has a limit order book. Okay. Yeah, I'm not sure about that, Carmen, about XP in Brazil. I know that we're working on that, and I don't have any sort of release dates on that yet. But this is going to be, yeah, EquipTrader is, right now, you're getting Bookmap through EquipTrader. Okay. All right, so that's connectivity. Here are the packages that are available. There's monthly or yearly, and you get the 20% discount here. There are, there's two different versions, the digital and the global, okay? So digital is free and no credit card is required. And what you get is one currency that connects to the GDAX exchange. And that's it. All right, so you get to check out Bookmap in the live markets with the heat map, real-time data, full depth, and full visualization. But there is, oh, it looks like there is a one-click trading here at the moment now. Okay. Oh, I'm sorry. This is only in simulation for the one-click trading. And then the, yeah, one instrument, limited support, and then only the basic education. Okay. Not that advanced education. Okay. The digital plus comes with the education and full support. And whoops, let me go back here to the monthly. It comes with the education and support. And you can load up to 20 different instruments, okay, for digital. Global is everything with digital plus, and it also includes supports futures markets as well as U.S. equities. You get the advanced education and you get full support, all right? And then global plus is everything with global plus. You get the add-on indicators, okay, the ability to trade right from the chart with one-click trading. And then these add-on features here that you get, like, a large lot tracker and balance indicator, iceberg tracker, and the correlation tracker. Okay. All right, you can follow us here on Twitter at bookmap underscore pro and get the latest up-to-date information. And then you can also subscribe to our YouTube page. Just to go over it briefly, some intro videos here. There's a playlist. I'll link on this link for the playlist. Features and components. Another playlist here of all the different features and components. Here's the bookmap 7.0 overview if you want to see that. That's a new video. And then these order flow video snippets, okay? These are concise videos that cover order flow phenomena that we go through in detail in the advanced order flow webinars, okay? So bookmap is able to visualize. A lot of these different concepts or phenomena that just other platforms simply cannot do. All right? So it's how to see it and how to read it and what it is and, you know, using bookmap. Okay. Let's jump into bookmap and take a look here. Looking at the NQ, okay? We're going to look at the NASDAQ here. And for a lot of you, new to bookmap here, well, you're going to look at this and think, wow, I've never seen a chart quite like this. It looks very complex. It's actually not. It's actually pretty straightforward stuff. And there are only three elements on this chart, okay? If I just take some of the other ones off here. And the three elements are the historical best bid and offer, okay? The volume dots that show the volume that traded on that historical best bid and offer. And then the third element is the heat map, which shows the evolution of the dome, okay? The limit order book, okay? So that answers your question, Carmen, about why not forex? Well, because with the forex market, you're not going to get a limit order book here or a dome, okay? That's going to be quite accurate, all right? So that leads for a lot of insight here, okay? So let's go through it here. One by one, what are these elements here? And I'm going to take everything else off of the chart here, okay? And we're just going to look at some candlesticks, okay? Because we're all familiar with this view and what it's showing, okay? So it's open, high, low, and close in this case of a five-minute period, right? Now, reading aggregated data like this is deceitful because there's all sorts of other information that's just not here in the chart. And why isn't it? Well, because it's a five-minute period of aggregation. So we don't know what happened between this candle and this candle. We just know open, high, low, and close and the reference to that. And that's a problem because this is a breakdown here. We want to understand microstructures within this area here and the volume that traded on that structure to look for why this continued to the downside, okay? And then over here, why it has reversed and come back up to test where it originated from here at the 930, well, a little bit above the 930 open here. Okay, back up to this kind of swing up here, right? Well, that's information we want to know. So let's turn on the historical best bid and offer and look at microstructure, okay? So very simply put, the historical best bid and offer can show the microstructure. It's a very simple thing, but that's lost in the aggregation, okay? So for example, this move here, I mean, we can very clearly just point to many of these candles. Look at the 930 open, the move down, and the move back up above where we opened, okay? And then look at the retest here, okay? And then we continue to the upside, okay? So understanding these little pauses and these little structures in here are important to understand. And we can see who's winning the battle in these areas because it's time and acceptance above these areas. So for example, very clearly here's where we opened and we came back and tested almost exactly where we opened, okay, after the move to the downside, okay? And we can see here again and then we see a breakdown here, okay? And that comes back to that original candle we were looking at right here, okay? And the move to the downside, okay? So we're getting all sorts of information about these structures being broken in time and in acceptance above these areas, but let's turn on the volume, okay? Because the volume is going to give us a lot of understanding of where the majority of the traders are transacting, okay? And there is a lot of buying up in this area here. There's both on both sides, I mean, this is the open, so you can see there's just a lot of activity. But look at the open here in the immediate drop to the downside. Anyone who sold this area here, well, they're probably going to be placing their stops up here and you can see this is probably a stop run to the upside combined with some initiated buying and we continued up again into this area. And all of this kind of data here is completely lost on that candlestick. Look at this cluster of volume up here, okay? There's a lot of buying up here, okay? And there's not too much selling, right? We come down, retest this area and come back up and retest where we see this cluster of volume, okay? That's good insight to know that there were a lot of transactions up there, okay? In the end, we did not make a new high here. We came short of it. And look at the cluster up here compared to over here, okay? We don't see as much action, okay? So we're getting tremendous insight by just looking at these first two elements on the book map chart. The microstructure and volume and how that volume relates into the microstructure, okay? So in the end, what happened on this double top here, and this is what constitutes a double top, come back up, we don't quite make, in this variation of a double top, we don't quite make a high or high. And we don't see as much volume up here. So we kind of rotate back and we retest one more time and we don't even make another high or high. We make a lower high, okay? That's twice. Sellers read that and they start to hit the bid on the other side here, okay? And drive price down below, all right? So that's the insight that we're getting here. And let's zoom into this area and I just want to be clear that these two elements are very simple, okay? And let's zoom into like here, okay? This is the best bid, this green line. This is the best offer, this red line. The red dot that you see here is actually, it's a transaction, okay? It's a market sell, okay? Someone hit the market sell button and they took liquidity off of the best bid. And the dot is produced here on the best bid, okay? This is a market buy here, a green dot, okay? So all we're doing is plotting the transactions. We can continue to zoom into these areas and we may see there's more and more trades here. In this case, it's only for volume of one, so it's not possible. But we can zoom into larger clusters like over here, okay? And we're going to start to pull apart all of that data. So you can see that book map here, for example, this cluster, is recording every single market event, okay, down to nanosecond levels. Those are billions of seconds, okay? And we can handle that, the software can handle that. Now, we can see the, each transaction here, but as I zoom back out, note how we consolidate it, okay, just graphically, okay, or aggregate it just graphically. All the data is still there, but we give you an overall shape and understanding of what occurred there with the larger dot and you can see that there's some selling in here. So we'll continue to zoom out and these larger dots are going to turn into a pie display, okay? So you can see that, like for example here, there's buying and selling, okay? So we're over here, all right? So all the data is still there. We're just giving you the overall shape of it and if you want the precise numbers, you can just hover over that dot and it tells us exactly what it is, okay? This volume up here was for 12, okay? As you can see, there's one over here, 21, okay, I'm sorry, for 4, let's just zoom in here, 10, you know, one and another one, all right, and then I zoom out and I get to a certain point, I can hover that and it gives me the overall here, okay? All right, so that's book map, what it's showing you and we haven't gotten yet to the key feature, which is the, take the candlesticks off, the key feature here is the heat map, okay? So what is the heat map telling us or what is it to begin with? The heat map is derived from the limit order book, okay? So if we zoom in here, all right, this is your dome, your depth of market here, here's your best bid and offer, okay, and then this is your depth on the offer here and your depth on the bid. So we can see exactly where traders are lining up to provide liquidity, all right? And we want to understand that, going to the dome is good, it gives you a good snapshot shot of where traders are lined up to provide liquidity, okay? And the problem here, though, is when these numbers change and you can see they're changing all the time, well, then we don't have a record of that data any longer, okay? We don't know what occurred there, okay? So that's where book map solves this issue because we record it. So we take the data in this window here, areas of high liquidity, it shows up as a, you know, a high area here in orange or yellow to the heat map scale up here, okay? So dark gray is very low liquidity and orange is very high liquidity. So now we can understand where they're bidding and offering, okay, they're popping in and out of the book up here. So look how we record that data, okay? So we can see precisely, this is one individual actor, you know, we're pretty sure of that. Pulling liquidity adding higher, pulling adding higher, pulling adding higher, okay? So, you know, we're starting to gauge not only where there is liquidity but the games that they're starting to play or their intent to trade at these areas. And that's giving us tremendous insight here, okay? So he's pulling liquidity and going higher, well, that means that the buyers can come in here and try to reach higher areas for higher liquidity, okay? And you can see that that's what's occurring here, all right? Okay, we can also determine here very simply, you know, a lot of traders will tell you like if you look at the dome, well, I don't look at the dome that much because traded volume is king and the limit order book doesn't tell me anything because all of those orders are fake. And that's not true because we can look precisely at some of these areas like down here and we can see exactly what occurred, all right? This is not fake liquidity, okay? They provided that liquidity and they traded right into it here, okay? So that's real liquidity, they had the intent to trade here, okay? And they pulled some of it though, okay? So some of it traded and then some of it was pulled but you can see here that the larger players are providing their bids here with limit orders and they're getting filled. We just made a distinction between real liquidity and fake liquidity. Our fake liquidity was up here, this guy pulling, he has no intent to trade, all right? And what kind of insight did that lead to? Well, if we understand larger players are down here providing high liquidity and getting filled at these areas, well, we start to look for a turnaround and look for the aggressor on the buy side to jump in, okay? And that's indeed exactly what happened here above the little swing and above this swing now and it looks like they're shooting for next area would be up here and then maybe the high of the day here, okay, at 69.45, okay? But look at them come into the book now at 69.40, okay? So sellers are up here, all right? So yeah, anyway, we're starting to understand the limit order book and then also who's in control in the volume, okay? I see a lot of selling in here too, okay? On this way up, there's both, on both sides here. So I think we're probably going to slow down a bit and, you know, yeah, I mean, the target here is high liquidity at 40 and we'll see if maybe they reignite more trading here, okay? But we're seeing some sellers at some of these areas too, okay? So, you know, it's just not, in a trending market, what I'm trying to cover is a point that we look at in the advanced order flow webinars all the time and that is what order flow looks like in a trending market, okay? And usually this is not it, even though we are trending up here. Usually what you'll see in these little points down here is you're not going to see much selling at all. You're not going to see much transactions at all, okay? Instead you're going to see just clusters of buying at higher highs, pulling the market higher and then looking for price discovery to the upside, okay? Instead this is looking for a slowdown here and these guys are actually getting squeezed out and having to cover up at higher areas and let's see here, what do we have? Did we get to our high of the day yet? That was, yeah, it looks like we're just about up there, okay? So anyone that was selling, they're going to have to cover up in some of these areas and you can see we also have here another insight. This is what liquidity looks like around these whole numbers, okay? 69.50, an important number. Your players, 163 contracts by far, the biggest in the book right here, okay? And we'll determine as price starts to come up here, are they going to stay in this book and are they going to get filled or are they going to pull, okay? So putting all these pieces together, we're starting to understand the total market in terms of their intent to trade at specific levels and their transactions that shows where they're committed in the market, all right? So, yeah, that's book map and if you guys are interested, you can give that free trial or not trial, it's just book map free for a digital currency or give it a shot for a month and see if this is something that works for you, okay? So with limited money, you can start to access not only the book map software product but the education as well, okay? So for example, these guys up here, yep, look at that, absorption right here, 127 contracts at the 69.50 area, okay? So there was 160 though, right? So that guy pulled some of it, okay? So we're seeing that there was absorption here and, you know, did it reverse? No, but we're not looking for reversal on these things. I mean, we're looking for who's still in control now but we're noting these areas here, okay? Yeah, Carmen, just go to bookmap.com and, you know, check it out, go through the process there and get up and running in book map. There's also some free data feeds that are available for trial for like 14 days, so you might want to give that a shot if you don't have a broker or data provider, okay? All right, well, I'm starting to look for more absorption at some of these higher areas and then I'm looking for some sellers to start to come in and we're starting to break some structure and not make higher highs here and then see the same thing like before. Lower highs, here's a good example of some exhaustion. The sellers are going to read that, right? And we're going to see if we can get down in this area here and we see a nice cluster of selling, I would look for continuation to the downside, okay? Instead, we're kind of going sideways here at the moment, but we just exhausted out one more time up here, okay? So it's kind of bashing around at the moment, but here come the buyers initiating again to, as you can see, just reading the dots here, reading the order flow, okay? All right, guys, well, let's wrap it up. We'll call it a day and then we will, oh yeah, I mean, you can reach out to us at Carmen through, if you look at the contact page on the website there, and there's a phone number as well. All right, guys, we'll continue on tomorrow. Thanks for coming and see you then. Bye.