 Now starting, all attendees are in listen-only mode. Good morning, traders. If you can hear me and see my screen, just type yes in the questions, please. And we'll get started here. All right, excellent. Thanks, guys. OK. Just copying a link here for you guys so you can attend the Advanced Order Flow webinar later today. In about 26 minutes or so. But this is the Bookmap Platform Details webinar. OK, so 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. So let's just go through it here. There's two webinars today. Every day there's two webinars. One is this webinar here, the Platform Details webinar. And this is just to go over the basics so you guys understand what Bookmap is, how to connect it, the markets that it connects to, how to get it, and then some of the elements in the user interface, and then some of the Bookmap or the phenomena that Bookmap uncovers due to its market visualization, and then how to read it. So it's just putting those basics together. But then we have the Advanced Order Flow webinar that follows that. And this is at 11 AM Eastern. And it goes for about an hour. We go through a lot of detail here in the order flow. And starting to look at bigger picture, top-down approach into microstructure. And due to our analysis, then we start to anticipate future price movement by reading the order flow and what Bookmap is objectively telling us. So no bias. Just what Bookmap is saying, what is showing us here, reading it, then we can start to anticipate the movement of price. And that's the whole goal of this second webinar. So I'm going to put that link in here for you. So if you want to register for that today, you have it. And we'll start at 11 Eastern. So that gives you insight here as well, that when you register for Bookmap, it comes with education. So let's go back to the Platform Details webinar. And you can see here, Bookmap Educational Course, listed down below here. And this is, whoops, sorry about that, hold on. All right. So the educational course is available at any time. It's already been presented, and it's recorded. But it's a four-part educational course. And even advanced users have been trading for decades, may not be aware of some of these things. And it's nothing really advanced. It's just more into the microstructure and really what is making price move. Understanding those elements is important, very important. You see it on all time frames. So we take that data and then we, or that education, and then we cover that same process in the Advanced Waterflow live webinars. So you can learn about it, but then you can see it every day in the live webinars. And you can ask questions about it. So now that's the process here. So when you subscribe to Bookmap, it comes with the education. And going through that whole educational course there. OK. So let's dive into the website. And we'll define what Bookmap is, how to connect it, and what it costs. So just scroll down here a bit. There's an intro video in the beginning here of the website. We'll continue to scroll down. We also connect to US equities. And then I'm going to scroll down to and stop here at connectivity. So let's define what Bookmap is. We are a software trading platform with unique visualization capabilities. So we're not a broker nor are we a data provider. We connect to three different types of markets, digital currencies, futures markets, and US equities. Now the digital currencies right now is for GDAX exchange only. That's going to change soon. You'll have the capability to connect to other digital currency exchanges as well. And that data is free from us for the GDAX exchange. So even with the free version of Bookmap, you'll get access to live GDAX data. But for the US equities and for the futures, you need to provide the data. And this is how you connect. All of these different data providers here. And you can see that in the list here, we have some platforms. You can connect via the API of Ninja, TTX Trader Pro, and Interactive Brokers Traders Workstation. So you have that option if you want. However, it's better, much cleaner, better data to get it directly from the data provider like CQG Rhythmic, Gain, IQ Feed, Transact, and Dev Experts. Now, if you're not familiar with Dev Experts, it's kind of newer or maybe you've never heard it. This is for the connecting to US equities through DX Feed. And you can read about it here. And you get NASDAQ Total View, you can get EdgeX, or you can get both of them together as a combo consolidated feed. If you have questions about it, just ask me. Be happy to go through equities. Went through a couple of different webinars yesterday. Maybe you guys attended and looked at a lot of different types of setups and order flow phenomena. It's great stuff to see in the equities market store, where the larger players stick out a little bit better. Now, define what book map is, how you connect it, and then here is how you can get book map. You can get it yearly, 20% discount, or monthly. And then you have the different versions here. There's digital and there's global. And the digital version here you can see is free. Connects to a live GDAX account or exchange. You only get one digital currency at a time, though. That market's open 24 hours a day, seven days a week. So you can always see how book map is operating in a live environment. That's the whole idea here with the free version. Even if you trade equities or just futures, still you get book map up and running in a live market without any data fees or any, you can get it on the weekend and take a look. No problem at all. Now it's limited support. It's also limited education. So the digital plus version connects to GDAX exchange. You get up to 20 different digital currencies at a time. And you get a U.S. equities delayed feed here. You also get that in the free version. But you also receive the advanced education that I've been talking about and access to the live order flow webinars. You also receive full support. And you can trade right from a GDAX or right from the book map chart into a live GDAX account fully funded. You have that capability as well. You can also record and replay your data. So a lot of different features here for the digital plus version. So that's the distinction there. Now the global version includes the digital currencies. You get everything in digital plus, but you also get the capability to connect to futures market and the U.S. equities that I just covered. All right, now you will need to provide the data for those, but that's how you connect to those markets with book map global. Okay, now the global plus version, the only difference here is that you get all of our add-on indicators. One is the ability to trade right from the chart, which is a big advantage because you have the liquidity heat map in front of you. Front-run high liquidity to make sure that your target is hit or your entry is filled or hide your stops behind high liquidity. So to try to keep your stops from getting hit. Large lot tracker here. We're looking at very specific players in the market with our proprietary add-on indicators here and identifying their behavior. And balance indicators for both book and volume. Iceberg detector, great stuff. We saw a really good example yesterday. We're using in the advanced order flow webinar. In fact, I'll probably take a screenshot of that and put that on our webpage. Great stuff there. It's a new indicator. There's actually two iceberg indicators now so you have your choice. Using that new one though has been giving us some pretty good information. So it's hidden liquidity. You don't see it in the book. And we can identify that with these algos. Then we have a correlation tracker. You can add other markets onto the book map chart. All right, that's that. Let's just move on here. A couple other resources you might want to check out on Twitter, follow us here at bookmap underscore pro. You can see all sorts of data here. And this is about the new iceberg, for example. You might want to take a look. And then the YouTube page here as well. All sorts of videos here. This is the basic education. And just go through some of the playlist homepage. You have the intro video here. Intro videos, features and components. And then order flow video snippets. Watch as many of these as you can. This is the kind of content we go through in the advanced order flow webinars. All right, so let's take a look at book map and the book map interface here. Okay, we're looking at the NQ, okay. Nasdaq E-mini. And let's, you can see that there's, I have a lot of add-on indicators here. So actually I'm going to close those up. You can see like for example the sub panel here for cumulative volume delta. Let's close that up. Our iceberg detector here, I'm going to turn that off. We also have a historical VWAP. And we have a point of control indicator here, which is the blue line. We're going to close all of those. And we can look at those. We're going to turn them back on in the advanced order flow webinar. Okay, but we're just going to go through the basics here. All right. And all right, so just looking here at the book map interface, and what's going on here in book map. Well, for those of you who are new, you might be looking at something that you've never seen before. It looks rather confusing. What is this big blob here? It's liquidity, okay. This is the heat map in book map. This is the history of the limit order book. Okay, so let's go through the process here and we'll go through each element on the book map chart. Okay, there's only three of them though. So it's really simple, really straightforward and very objective data. Okay, there's no sort of indicator here or derivative of time, price, or volume. It's truly the market and very objective view of it. The three elements on this chart. Current and historical, best bid and offer. The volume that traded on that best bid and offer. And then the heat map here, which is just showing you the evolution of the order book, current and historical. All right, so let's switch those off. So we're gonna really simplify this here. And then I will, I'm gonna turn on a candlestick chart. We're gonna look at a five minute candlestick chart here. This is a view we're all accustomed to. Open, high, low, and close of a five minute period. Okay, now we probably, you know, depending on how long you've been trading, you might have been looking at this for years. All right, decades even. And there's so many problems here with the candlestick chart, okay? Number one is its aggregated data. Okay, it's a time period. And we don't know what happened within that time period. Okay, it's locked up. Okay, it's completely opaque. Open, high, low, and close of that five minute period, for example. Okay, what about the volume? Where did the volume trade? Precisely where did it trade on the candle? When, what was the speed of the move? Where was the microstructure? All of these questions, we just don't have an answer to. Okay, it's all completely locked up in a candle. And we can very simply start to look at just the price action of this candle here by turning on best bid and offer, okay? And that's a first element on the book map chart here is historical best bid and offer, okay? So now we have it. And now we can zoom into that area and we can look at some of these. Hold on a minute. Okay, and we can look at some of these microstructural areas. Okay, what I was mentioning before, okay? And this isn't, it's not a bad example. So what do I mean by microstructure, okay? Well, let's just put this whole five minute period into the chart here. So now between each dotted line is actually one minute. And the microstructural elements here, well, here's an area of consolidation. And it was broken. It was broken to the downside. This is, you know, really, this is truly microstructure here. Another little area of consolidation that was broken and the move down, okay? Now, look at this, you know, this is like an ABCD move. Well, there's actually one more leg here. But look at how the retest here came right back up to where it broke from, okay? You're gonna see that again and again even on the monthly chart, the highest time frames that are there, okay? So here's another little area of consolidation that was broken and it came down into this area here. Actually, that was now broken and it came back up and look at the little retest here almost to where it broke from here, okay? And anything that you guys notice in this little area right here, okay? Any patterns there? I'm gonna clear the drawings. As well as the reverse head and shoulders, okay? And this is obviously microstructure, but you're gonna see these patterns again and again. You're gonna see why they exist. They exist because of the order flow. And anyway, we continued on up. We came back up to where we kind of dropped from up here and then we continued to the downside. Anyway, the major point here is the, all of these kinds of microstructural areas, we want to understand how that evolves and who's in control and we're gonna see that with the volume and the heat map, okay? But we need to first see the microstructure, right? Now let's turn on the volume, okay? And let's see who's in control in some of these areas here. And this is not a bad example, it's pretty indicative. You can see them hitting the bid here and we see a lot of red, right? Clusters of red and that's the volume that is trading. It's aggressive cell orders. Let's zoom into this area and let me show you, okay? And these are those two elements in detail here, right? So we're looking at half a second between each vertical dotted line now. And you can see truly like how these markets trade. For that first element we defined best offers, the red line, best bid is the green line. The green dots here are transactions that take place on the best offer. These are aggressive market buy orders. And we have all of that detail here if you want to use this data tip tool down to the nanosecond level we have this data. And you can see precisely when this volume traded, how much and what type here, right? So not a lot of buying here, but look at the selling. Cluster of selling over here. Okay, about a little back and forth here, another cluster of selling as they continue to hit the bid here. And we can see precisely these details. So that's what we're displaying here, those two elements. And you can see if we continue to zoom in here, we're gonna really start to open this up and you can see down to millions of seconds here. Okay, even billions of seconds. We're recording every single market event. Now, as we zoom back out, we do aggregate it just visually, okay? Into a bigger dot and then that's it. Okay, so everything is very precisely recorded. None of it is aggregated. So you know exactly what traded here. Okay, here's our downtrend. Okay, hitting the bid here, clusters of selling, another one here and another one here. And then look over in this area here where the buyer starts to step in, right here, okay? Still in a downtrend, okay? And don't break the high here. We come back down, retest where we broke from here and we find more buyers starting to step in, okay? And then our head and shoulders pattern plays out. Anyway, those are two elements on the book map chart. Okay, now the third element is the heat map. So let's add that on, okay? And you'll note that this is what's happening outside of the transactions. Well, it includes transactions as well, like right in these areas here. But this is where they're bidding and offering, okay? And that's all it is. So it might look like a lot of noise, but it actually gives quite a bit of insight here. For example, look at them in these areas here, okay? And is this real liquidity? The answer is no, because they're pulling. Boy, I shouldn't say that, it is real liquidity, but they don't have the intent to trade because as price is coming down, they're pulling and they continue to add lower. They don't want to trade here, okay? Although they're in the book, they don't want to trade. They're pulling, okay? They pull again and they pull and then down here they stay in the book. This is where they actually decided to trade, okay? And this is fact, we know this, right? They stayed in the book. Some of it pulled and then some of it stayed in and look how the transactions take place right into where they're providing that liquidity, okay? In fact, they completely absorbed it at this price level here, okay, at 25 and a half, okay? Why is that? Well, because there was no more transactions below it, no more selling. Sellers dried up, they were absorbed, okay? And we go up and we go sideways for a bit, but these guys are out. We get another test down here and we see that the selling continues, okay? But at this point, they were absorbed, okay? And you're gonna note this kind of phenomena again and again, you're gonna see it on low time frames to high time frames, okay? And then maybe that puts a whole new kind of spin on how you look at what's going on in the market, okay? What's going on within these candles here, okay? Now, how is this whole heat map derived? Let's cover that and then we're going to go to the, we'll stop this webinar and we'll continue on in the analysis, because we really haven't gotten to a lot of analysis here. Good stuff down here, really nice, okay? Down at the figure 7,200, okay? Absorbed, completely absorbed here, buyer step in, all right? So we'll go through this in about five minutes in the advanced order flow webinar, okay? But for those that are new right now, let's continue to cover what's going on here in the heat map and how it's derived. So you have an understanding, a context of these three elements on the book map chart. And let's get rid of the candlestick chart, just really gets in the way. All right, so how is it derived? Well, okay, let's zoom in here a little bit. And then we'll start with this vertical white line here. This divides historical market and current market, okay? Current market is right here, okay? This is our current best bid and offer, okay? And this is the current market window and you see the heat map here, okay? Well, how is it derived? It is all derived from the limit order book, okay? Here's our price ladder here. And then you can see the red numbers up here. Well, these are contracts. It's liquidity. It's where traders are lined up to provide liquidity. They want to be sellers at these specific price levels and they're waiting to trade, waiting in line to trade at those levels, okay? So that's the sellers on the offer. This is your depth on the offer and now here's your depth on the bid and where they want to be buyers. And we can see them very clearly, right? Now, the numeric values that you see here, for example, let's look at the, a little closer here, 101 contracts, 100 contracts up here at 15. Now, when they start to change or pull and add liquidity, and you can see that is happening constantly. They're always adding and pulling liquidity here. It's reflected here in the heat map, okay? As it is right now, you can see it's down to 77 and it's yellow. So the scale of the heat map's up here, okay? That reddish orange is very high liquidity, yellow's less liquidity, then white, then blue, and then black is the lowest amount of liquidity. And here it is. They just pulled and they just started to add back in as price is coming up, okay? So in there, now we've traded through that area. But they pulled a lot of that liquidity, right? Well, let's get an answer here, precisely what traded here, okay? And how much, was it real liquidity? Did they stay in the book? And yeah, looks like 73 of those contracts traded, okay? And that's fact, okay? So now we know. And they were providing about 72, yeah, 75 here, and then 72 and then, you know, they stayed in the book. These guys are filled. They waited, they stayed in the book. They got what they wanted. They are short at this price level, okay? Feeling the squeeze here. Well, who knows? I mean, larger players like to layer in to these positions. So they're probably the same players that are up here as well. And starting to absorb even more. And starting to stay in the book as well, a bit here, a bit pulling as well. And you can see they completely pulled here, right? So what's starting to understand now, okay? Derived all from the limit order book in the current market. And then when they pull that liquidity, it's reflected here on the chart historically, okay? And it's these striations here that we see in the heat map. This is the adding and pulling of liquidity. So what this allows us to do is start to understand the intent of traders in the auction, okay? Here on the offer and here on the bid. Now we continue on up to the upside and they're starting to add in a little bit higher here at 22. We've seen all sorts of stuff here. Look at the bid is getting very aggressive here. 90 contracts at the best bid. They traded into it and we were finding, well, we found a few more buyers, now the sellers took them on. But we're starting to understand this auction here. This might be new information for you and it can be invaluable. It's real, we can make the distinction between those that have the intent to trade and those that don't. That don't. A lot of times you'll see or you'll hear from other traders that, well, I don't really look at the dome that much because all of these areas of high liquidity is fake and it's not true. We can see where they're getting filled or not. And now you can start to understand the context of that auction and that's what we're gonna take to the next webinar. So you guys have the link. Let me paste it in here again. Okay, there it is, it's in the chat. So sign up and then join us in the next webinar here. We do this for Friday, Friday only and then else you can subscribe. But it's to give you guys a taste of what we do in the advanced order flow webinars. All right, okay, we'll see you there, bye.