 Okay, welcome to the bookmap platform education or a platform details Risk exclaimer trading equities and futures involves with central risk of loss is not suitable for all investors Past performance is not indicative of future results. We'll get into the all of this down here But I want to show you this fundamental release We have the economic data for crude inventories here at 1030 And we can see liquidity up here at the half figure 5050 and down here at 5010 Okay in this area here. Oh look at some interesting liquidity just popping in here and Yeah, look at this area here where you can see the algos start to shut off and some of the Some of the areas starts to get dark here just before the release. Okay So there's a lack of liquidity in the market at the moment Okay, and that leads to the volatility That we're going to probably see here in just a moment and there it is Okay, right up to the half figure. Okay more liquidity up here at 5060. Where's the liquidity on the bid? It's still down here at 5010 Okay, so we'll see now if we come back down So it looks like the news is bullish here Okay Market searching for liquidity Okay, it's up here at 5060 A little flip of the book very quickly there from on the half figure. Okay, so larger players here Okay Coming up to this if we can get to 5060 now that would be the target 225 contracts up here Okay, let's zoom in a little bit And let me take the dot size down a bit. That looks better Interesting. Okay, so a few different things here just to to quickly go over this Look how There is a lack of liquidity and you see the trading that took place and where exactly where it went to fill that longer term High liquidity that stays in the book here. Okay. Now. We're up to 5060. Okay, 5065 5070 Okay, that's where the liquidity is the market needs liquidity to trade Pretty bullish flips here as well. They were on the On the on the offer here. They flipped to the bid. So they want to be buyers at higher levels Okay, and this interesting pullback here. Okay, this is something that we cover as well during the advanced webinars A pullback right here to 5040. Okay. Why is that it actually went down a little bit further? Okay, well, why did it do that is because this is where the last traded volume big volume was it was right here At 5040. Okay, so we come back to test to see If those buyers are still still here and engaged and indeed they were and the sellers well, you can see the selling here okay, but This is where it got overwhelmed by the buyers up in this area. Okay, and we continue on up test the highs And then they initiate again here Okay, then we finally made it to our 5060 area Okay, we haven't come up to 5070 yet, but it looks like we're just about to Okay, very aggressive underneath here on the on the bid to Okay, just need to find those those aggressive buyers here on the market Market orders to lift the offer and up into this 5070 to 75 now pretty pretty high area of liquidity there Okay, you can see the number of contracts up here any questions on this I'm going through this rather quickly just because the the Crude inventory release usually it's just fast and furious. I don't even know what the number is I didn't even take a look yet. Let me take a quick look Yeah, negative six million. Okay, so yeah, it's pretty that's pretty bullish Look at look at where they're coming in as well here Okay, with high liquidity at the half figure. Okay 50 50. Okay 143 contracts So if any if there's any pullbacks here, this is where we're coming, you know, pretty large pullbacks Else you can see them, but you know still down at this area just below the swing here Okay, with pretty high liquidity as well. So any any questions you guys have any questions on this? just just trying to understand like Let me let me go through it here the the basic market mechanics in play here and how important this really is And and how bookmap is showing this data here for you. Hey, here we come We're down into this higher level of 50 55 Okay, and let's see if we they absorb or pull and they're doing a little bit of both Okay, but the higher area is down here now 161 contracts Okay. All right. Well, let's see if there's no no questions here at the moment that we can get started with some of the other Other issues here that we usually cover in the platform details webinar Okay, but I did want to show this to you guys since we had the 1030 data here as you can see And and and cover that right so Where am I going with all of this? Well, just to understand these basic market mechanics of really how these markets trade and it's obviously there's a lot of Algorithmic activity, you know HFT Etc, but the mechanics are still the same the market needs liquidity to trade it found it here. This was the first This was the first stop here And and we went right right to it like a magnet okay, so This activity that you see here. Let me show you in our YouTube Channel just a moment from our playlists here our educational course here All right, so here's the playlist for the educational course that comes along with with book map. All right There's parts one through four this this part here It covers part one covers the basic market mechanics Okay, so if I click on that you open this one up here I want to show you this because although this looks like it might be very basic stuff. We're watching it play out here Okay, how how transactions take place? how the the market sweeps through specific areas and And finds liquidity Okay, and trades into that liquidity and that's exactly what we're witnessing here. Okay There are buyers in here, but the you know, they're there's they're searching They're lifting the offer very very quickly because there is no liquidity here the liquidity is up here Okay, at at this 50-50 area and that's exactly where it went to and that's exactly where we see the first pullback Okay, well we we trade into it and through it Very very quickly up here, but then you can see the that we did pull back Okay, and we pull back to these areas here usually where you find You know the initiated buyers that usually jumped in and and we'll probably find more buyers in some of these areas as well Okay, and that's exactly what happened All right, so anyway, I encourage you to go through that and watch the That educational course. I think you'll find it very helpful and understanding these markets and how important it is to understand liquidity and the traded volume Okay, so look how we came down here to 50-50. All right, we just traded into it All right finding buyers here. We went through a little bit, but the buyers are lined up now Okay, and we need to see more aggression here on the on the buy side though And then we'll come up. This is where we drop from up here That would be the first target to wait for a return To see if this if the sellers are still engaged up here. I don't see them I see them up here more at 50-70 and above Okay anyway This is the kind of analysis we do in the advanced webinar Okay, and I'm gonna cover it again today in the advanced webinar. So so you guys if you if you Are already in trial or have have book map or your current customer Then in your already in here. There's gonna be a little bit of a review But this is what we go through and this is what we we we gauge and understand Looking at book map we get the insight here because we have the transparency in the market Okay, so here we are back up to our place where we drop from up here And let's find let's see if we find some sellers up here, right? Okay there We found a little bit right but a little bit of a pullback. I still think we're coming up to 50-70 but Just because these guys been waiting up here in the market knows it can trade up here And it looks looks pretty bullish right now but Anyway, we'll see, you know, we get we'll get flips and in the in the market very very quickly here and we'll see it Unfold Okay so Let's let's go through the the regular process here. What you're looking at in book map and And give a little bit of definition to This quick analysis that we just covered Okay, and I know that might be a rather for some of you Who are new to trading this might be kind of Advanced it's actually really simple stuff Just to think of this Forget everything else and think of this as an auction That's truly what it is We found the sellers up here for example that's how the market works and We traded into them and then we found buyers at a higher level up here and we're above that level now Okay, so that this is this is the new acceptance after that crude inventories release For for this for this time period and after that release. This is what we understand value of this instrument All right, so let me digress and we'll get into the The presentation here, okay, so I already went through the risk disclaimer But if you want to find out more about book map go to book map calm you get the free 14-day trial period And then you'll be able to access the Advanced order flow webinars that I like I just covered. Okay, that was more like the advanced webinars here understanding This economic release Okay, and as well as other resources that you get Once you signed up for book map. Okay Let's see. Here's where you can find book map Go to book map calm you click on explore here. There's some intro videos We'll continue to scroll down some of our partners some of the advantages here You will need to have a data provider. Okay, we're not data provider We're just a software platform. Okay, these are the ways that you can connect book map Okay, you want to give it a trial this is where you can find it And like I mentioned 14 days book map basic 49 per month book map advanced is 99 per month Okay, now the difference between these two the ability trade from the chart with the one-click trading and then the add-on indicators that we've developed for understanding order flow a lot better understanding what's going on in some of these areas Okay, just like what we just covered here, and that was like I said more more advanced understanding here of this price action JH do we have referral programs to your data providers just reach out to them and Yeah, I mean, I don't know what the details are with some of the you know the the the business details with some of the data providers or brokers But if you're I just know that if you're interested in book map and you want to connect That's these are the Here you know these are the data providers and brokers that we we support. Okay. All right Okay, so That's the difference between book map basic and advanced if you're a quant You're probably going to be looking at very very precise data your own data sets that you want to study and There are other features that we enable if you're a quant and looking to harness some of that That data and some of those some of that analysis Okay, so just reach out to us and we can help you there You can also follow us here on Twitter And then you can also Come to our YouTube page And let me open that up here and another all right And here's our YouTube page. Okay Put the features and components just go through the basics These order flow video snippets. Hey, this is a lot of what we cover in the more advanced webinars that are 11 Eastern Like the flip of the book that I just covered here during the the crude inventories You know, they were here on the on the offer over here at 50 50 now. They're on the bid. All right, so Price is now accepting above 50 50 Okay, very very easy and visual to understand here Okay, all right, so if you want to Learn more then I would recommend watching these video snippets and you can see our pro trader webinar series We had a couple weeks ago if you want to review some of the professional traders and how they use book map All right selected webinars you can get peek into the advanced order flow With some of these webinars here As well as some of the platform details All right Okay All right. Well, let's get into What book map is showing you we have some some new traders in here. So Welcome to to the webinar and let's Put a little definition to what you're viewing here. All right, so I'm going to start off by taking off layers of data Okay, and then we'll define them as we go through Okay, so here here we have five minute candlestick chart So we all know what a candlestick chart looks like open high low close of a five minute period all right and You know the candlestick chart, I mean, I don't know I I like candlesticks. I don't have anything against them I just think that there's a lot of transparency that is lacking here and This is where book map offers Transparency into what's going on behind these candles Okay, so you can see the buying buying pressure here in the wicks, right? But you can still see we opened a Higher than we closed here Okay, so there's still a little bit of selling in here, but you see some buying pressure come in you see selling pressure in here But there you know, it's a little bit bullish for over that five minute period And then obviously here's our big candle of the of the release. Okay, we have no clue though What happened in here? We have no idea that up at 5050 there was a lot of liquidity and we went through that area Okay, we have no clue about the pullback that we saw to the volume that occurred here on that candlestick so all of that data is lacking here and that's a problem if we're making financial decisions in the marketplace we want more transparency and That's where book map can help you it can help you make more insightful trading decisions So let's take a look at just we'll start with just historical best bid and offer Okay, and we start to see micro structures evolve From historical best bid and offer it gives some definition to these candles Okay, now let's put on the volume dots. Okay now the volume dots here are going to show you where the transactions took place Okay, and this is important We want to understand where traders are committed look at our little area that we looked at here and we saw the pullback here Okay Right to the 5050 figure. Okay. Let's mark that up. Okay right here Well, let's go with a volume dot Okay, so a little bit below Okay, that's where we came to okay it and and that's where we've accepted above Okay, you can say it's the fit half figure up here and it's important of course But it's not just because it's the figures because there's volume. There's traded volume up here. This is this is why We have accepted above this area Okay, we can see that here now in book map. Why okay? You would also think maybe maybe it was here, you know down at 5045 because You know look at the volume profile here And you can understand that yep, we're we're accepting above this area Okay, so But now we have the insight. Okay, we can see it here Okay, this this is why It's not it's not the volume profile here All right. It's the commitment of these traders at this area Okay, that's a nice that's nice insight and transparency into these markets. Okay Now that's half the picture. Okay, this fundamental release is illustrates the importance of understanding the the limit order book okay the dome the depth of market, okay, and Here's the dome over here in book map Okay, and here in book map we can see or in the dome we can see where traders are lined up to provide liquidity Okay, this is an important area to Understand the the auction here the problem with the dome is look at these numbers are changing as we're coming through our 5050 area Okay, we're breaking down through that area here. Okay, so others are taking control of this area now All right, all of these guys above here Well, they're gonna be trapped volume if we can get down to some of these levels and maybe knock some of their stops Out of the marketplace. Okay So we'll see if we get down there or if we will see if more buyers become engaged in this market All right So Anyway, the dome This is it gives us a lot of insight we can see where traders are lining up in the current market The problem with the dome. Okay is if I zoom in here a bit the the dome Just gives us the current market condition All right, when these numbers change we've lost that data. Okay, we don't know what it is It's just refreshed that that level and this is where book map Can be helpful because it it we define That data here in a heat map Okay, it's in this window here Here's our best bid and offer and this is liquidity here in the heat map high areas of liquidity are gonna be painted bright white Okay, so it's pretty pretty bright right now. In fact, I'm gonna have to Kind of bring up some of the Settings here it doesn't take much just very quickly Okay, well, there's a lot of liquidity in here Okay, 202 contracts here Okay, buyers are down here 50 35 So anyway, that's that's the dome and it is really good to read that in the current market condition Problem with the dome is like I said once this this data refreshes. It's lost Okay, this is where book map shines because we take that data and we project it on the chart historically So now I understand how the Auction unfolded historically. Where were they bidding? Where were they offering? How much what was their behavior like did they start to pull liquidity? Was it filled? What about areas around it? Did they bid it up? Did they the flip of the book? Did they did they support price? That was on the offer is now on the bid Okay, what about in some of these areas that they bid up and they certainly did in these areas here Okay And what about on the offer? How are they behaving? They actually were getting pretty aggressive on the offer here lowering liquidity Okay, starting to understand not only where the market can trade in terms of the liquidity But also understanding some of the players individual actors. Okay, like this little area right here Let's just zoom in here. I'm gonna click on the hand tool hover over this area in zoom in Look how this player up here is providing high liquidity at up here at 50 63 and And then pulled that and got more aggressive on the offer providing more liquidity at a lower level It's got to be the same player because the moment they pulled they added one tick lower a high probability And then we can gauge the intent of this trader at this area. Did he really want to trade? Okay, we can zoom in here. It doesn't take much and we can see he certainly did not Okay, he pulled that high liquidity here. We can use the Data tip tool hover over here 208 contracts Pull down to 160 150 Okay, so, you know, we just lost a pretty high percentage of liquidity here in the market trades on right out on through Okay, so now we can start to gauge this player What is their intent? Why do they get aggressive like this? Okay? Well, maybe that maybe you know, I mean they we know that they did not have the intent to trade because they pulled Okay, so maybe their game is to fill this higher liquidity. That's waiting down here at 55 Okay, this is kind of spoofing type of action All right, perhaps. I mean we don't know but We just we know the behavior here Okay, we can also gauge the behavior look at the behavior here. It's much different with this guy down here at 55 We trade into that area of high liquidity. Okay Look at the size of the liquidity here 479 contracts. That's huge in this market. Okay, and we trade right into it. Okay 276 traded Okay, 280 traded in that area. They wanted to trade to these guys This is the distinction between Longer term high liquidity that stays in the book and wants to trade at this level. Okay, we know that this is fact We can see it here. Okay, we see the transactions take place All right, and then they started to pull though too. Okay, that was 348 they filled about 280 and then they pulled Okay, and it went down to went from 348 down to 150 so 150 contracts were pulled Okay, so it's actually a combination. It's a bit of both But they they were willing to stay in this market and trade and they did all right So now we know and in the dome that would be really hard to read Did they really want to trade here or not? Okay, and You know because a lot of this data here in the dome is a Lot of traders will say well, you never know it's all it's all a bunch of Smoke and mirrors and we don't know the intent of these traders and we never will Well, I'm showing you right now emphatically That they had the intent to trade here and these guys up here on the offer did not We know that okay All right Let's take a look at current price now and what's going on here And then we'll we'll end the webinar and and jump over to the the advanced analysis webinar Okay, well you can see the the let's take off the candlesticks here And we'll put on the indicators too. Okay, we have proprietary indicators here Showing areas up in these you can see 287 contracts traded that were not in the limit order book Okay, this is these are iceberg Orders getting filled not showing their hand in the limit order book They don't want to be seen they want to get filled and that's why primarily you can see why we didn't reach our 5070 area up here that high liquidity. They're getting filled beforehand Okay, look at look at the the icebergs the size of these icebergs compared to the on the bid Okay, these are really really high 424 filled before hitting our 5070. Okay, that's why we didn't reach it Okay, these guys are absorbing Without showing their their limit orders All right, and that's probably why what what started to cause the This kind of a breach of this 50 50 area and now we're accepting down below it Okay, putting the pieces together. Okay understanding these areas of high liquidity and icebergs And really starting to understand what's going on in this market and how does it trade? okay, all right guys, well, let's let's end it up and If you're interested in in giving book map a try you get a 14 day free trial and then you can come into the Advanced webinar ask questions in there understand order flow at a higher level here and And just continue on asking questions. All right. Thanks guys talk to you later