 Good morning traders and welcome to the all markets webinar. This is Bruce at book map and We'll go through markets webinar We'll go through the analysis of the order flow using book map For any market that you guys want we start with the S&P e-mini But we can look crypto or stocks today later we have a special event with actually Josh from Cybertrading University 1 p.m. So you might want to join in for that Let me show you where you can find more information on all of these things if you go to book map calm Click on the more button here go to the learning center under resources And you scroll down you'll see all our different streamers in here and then the events calendar. Okay, and you can see that We have a special event here stocks with Fausto Puglisi is usually the the presenter here from Cybertrading University. However, it'll be Josh as the main trader today All right. So anyway, you can subscribe to any of these events here all day long come to our discord channel And you'll see these events listed as well General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor Recommendations risk disclosure trading futures equities and digital currencies Involves the central risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results all right, let's jump in and we can see the 930 cash open here. We see the bump to the upside and the continuation here and Yeah, nice move into high liquidity here as you guys can see and continued on up So a pretty pretty nice little move here. Maybe a bit more maybe up to about 91 Right now, but kind of looking for a pullback at this point here. The momentum is excellent here So looking for maybe a bit of continuation But we should be starting to see maybe a bit of a slowdown here. All right, so Here here is the reason why it's here in the order flow high liquidity here on the offer gets filled at the open And then high liquidity here. It also gets filled And there's also other areas of liquidity up in here getting filled right so we know that there's other Participants on the other side limit sell orders taking the other side of this trade But it is the aggressors who are driving market They market buy and sell orders and you can see the Nice strong move here through all of that liquidity And so I don't see a rest quite yet looking for a little bit higher and then maybe kind of a bit of a break in the buying here, okay, so And then we could look for maybe pullbacks to around this 87 level here Maybe down even to this kind of high volume node or where it broke out from here Just just before 10 o'clock All right, so yeah, this is something that we see You know this kind of continuation move and momentum move here So when you start to see the buyers rolling in like this This is along the lines of from our learning center where I was just showing you all the events We have a course for this momentum strategy. Okay under strategies and setups here It is a flag pattern looking for these impulse moves on strong volume away from a consolidation period a Low volume pullback and then a continuation Impulse move to the upside All right, so we're looking for these kinds of things all the time Hey, and you can start to see it unfold here. In fact, there's a small one right here There's a bit of an impulse move on on, you know, it's not the highest volume, but for this little time period in here It's not bad Here's our pullback here on a low cell volume that actually there's more by volume in here So once we start to see buyers come in again You look for that continuation move and you start to target these areas of high liquidity and That's why we're still looking for this to continue up into 91 and now we haven't even looked at higher time frames yet, but We know that drivers drivers of the market right now are buyers and we can see that even here at the cash open Let me know if you have any questions on that It's important to understand that who's who's driving the markets and on what time frame So let's let's take a step back. Let's look at our higher time frames in here and see what's going on The we have the daily over here on the right. I'm sorry. This is the weekly right now We can start by looking at that and then we have the hourly here in the center And then the 15 minute here on the on the right and what we want to ascertain in here Is who's in control in some of these moves? And so the weekly is pretty clear We've been following this since really good data FOMC non-farm CPI data all through within this area here and it was just bullish week after week after week So looking for small pullbacks and looking for that bullish continuation So let's look at the daily in here And let's understand what's happening now in the market So you can see the daily over coming up and testing previous swing here. You can see it better here on the hourly And pretty good momentum behind that move and look at look at the bars in here And let me reduce the bar size It's better. Okay. So yeah, you can see the gap up here And then looking for the we see the buyers coming in and see it more clearly here on the 15 minute chart This is interesting. It's a gap up. It's above all of this price action from Friday And you see momentum on the buy side now It's coming up into these areas where the sellers came in last week All right, so we want to be careful up in these areas here And if you're in these moves, this is where you can start to look to Reduce some risk along the way All right, because we don't know if there's enough buying pressure To trade up and through this area here this previous swing All right, so yeah, here's our move up into not quite 91, but still still looking for it And yeah, I imagine we're gonna find some profit-taking. We're gonna find some sellers We do not see them yet, but we do see high liquidity getting filled on the offer on the way up All right, so good sign there That we know that they're getting filled in here. You can see it right we can zoom in here If you really want to verify it all and look at the details in here Look at all of this liquidity. Look at the trading right into it here so good good stuff and It makes sense that we're gonna get a bit of a slowdown in here All right, let me know if there's any questions. Let me jump over to Discord good morning, Steven And Rob and slowdown good morning right, so Yeah, this is Still I mean we still see the the buyers coming in But this is what I mean by kind of a slowdown in here and this is important to understand in order flow All right, it's in that in that strategy and set up for a continuation pattern But you can start to see some of these things like really strong move here strong move Look at the angle look at the volume on that angle And look at this one here. Okay now we're starting to see this and Starting to pick up right now. So a little bit You know, maybe we can come up into that 91 and maybe maybe pierce it a little bit But we're starting to look for You know, you can kind of see this the strong move and then there's just kind of going sideways here We do not see the same type of volume coming in yet like this over here In the current market and that is a part of the slowdown that we're talking about Okay, so we're not anticipating a big move unless we see that big change right now Okay, in fact, look at this. This is a retest back up here and Look at the buy volume within that area After the big transactions into this liquidity here. This is how you start to read and understand order flow Okay, this context between buyers and sellers in here passive sellers and aggressive buyers So do we still see those aggressive buyers coming in a little bit? Not much it's muted right, but we need to see a big change in that for this to continue higher Starting to see a little bit here, but we're probably gonna see some sellers counter it on the side Hey, it did looks good down here high liquidity coming up see that in here. Hey, we're noticing that that's a good sign They're starting to pull it was a little bit in the heat map in here a little bit brighter or colored and That's a good sign too for continuation and you can see what what what happened just now sellers are coming in right so And this is what we were anticipating Hey See if they can reach down to the swing here and we're gonna look at the liquidity down here as well Liquities down further where it broke out from here at 87. All right any questions Good morning trading for them. Good morning everybody Yeah, so yeah, here come a little more selling in here. All right, let's see if they can reach this liquidity at 87 I imagine we're probably going to see a bit of a bounce around here Just around this area in here We might we might come down a little bit further here at 86. Okay. We're kind of broke out from but Anyway, we can look at some of these areas in here again by understanding the volume pressure behind it and the Context of trading into this liquidity in here Okay, we can look at the size of these moves in here as well And you know, this has been a pretty there we go it down to 86. Okay, so Looking for a bit of a bounce here now. Maybe back up to 88 Kind of the bottom of this range in here. Okay. What was kind of support is now potentially resistance Okay, so a nice move into that liquidity now. Let's see a little bit of a bounce out of it Or back up I should say and we're just a low volume pullback basically. We're not looking for much here Just to move back to 88 just to After this pretty pretty strong move on the sell side Yeah, one of the things we can look at in here, too That I want to go through with you guys is some of these use case scenarios with market pulse And then let's bring up for example market pulse price change Hey, so I have absorption pressure in here. We covered absorption pressure really nicely on Friday Let's just take take a quick look at price change now. This one's free for everybody the price change one It's a good algo. So it's a nice one to offer for free to you guys so Also, if you're interested in this you can get it for free in the bookmap Academy Hey, we're looking for people to join the bookmap Academy and It is let me show you the web page for it Okay, if you're interested in it from book map comm click on the more button and go to bookmap Academy here And then you can read through and sign up here. This is a process to onboard Traders who are interested in becoming a more professional trader Hey, we're we want to give you feedback and coaching and mentoring if you are willing to Journalize and document your trading you can even you can get bookmap for free as well as part of the the program Hey, so Anyway, I I highly recommend that you check it out and sign up and start creating some content Hey, this is a great way to become a better trader and you will get And you will get feedback too, okay, so here's our pullback we were kind of looking for that All right, and and then what do we think now? Well, not much Not much Selling is in control now from this in this time frame here the smaller time frame And so what yeah, we can see the retest back down here And just not seeing much at the moment guys. All right, but anyway, let's go through this price change I'll go in here And how you how you might consider using it Okay Really nice one. I'm I've been using this more like kind of ATR To understand certain moves and when they reach their it kind of extended move we can look for pullbacks or You know Maybe taking some profit in some of those areas a reaching that high liquidity and taking some profit You can see that that would have been beautiful If you were in this trade from back down here, you can see the price change move And this is based off of five minutes if we go to the settings in here I have a five-minute period in here the look back or training period and Just understanding where Within five minutes, what's kind of an average move and this is over this is extended This is over the 70% line Here these little white lines in here. Well, let's actually bump that up in here makes sense, right? We're looking for a really extended move We can try 85 percent. When does that happen? Well, it happened up in here. Okay, so it started to happen in here and Yeah, it wouldn't have been a bad place to take some profit We got you know almost double the move out of it and we don't actually get an 85 percent Move up in here, which is kind of funny But yeah, this was a pretty big move This one here you can see Compare it here compare these moves in here. See the see the move in here. It did reach that 85 percent here It just kind of touched it here, right? So obviously this is much much bigger And that's an anomaly here In this in this case And so this is as big as the move can get now. So look at the move on the sell side here Okay, so it's not a surprise that it's it can be pretty big now, too Okay, so we're starting to judge and see and a shift in a change maybe in some of the ATR some of the moves and For example now we can integrate that within our trading here So now we're starting to see we're hitting it now, right 85 percent. Okay, right where we found sellers earlier Okay, so now what we're gonna do though is it doesn't mean like, you know short this here We want to look at these this context up in here Are there still buyers? Are they still willing to continue to buy and trade up into 91? And let's see Okay, so I'm actually looking for some sellers to come in here at 90 and For them to take it right back down here to 89 Or maybe even 88 Okay, because of this this price change I'll go here Okay, so it reached this extent here. We're looking for our sellers now To see if they can drop it back down into some of these lower levels Just based on the price change move Okay, now we're looking for in stocking or the context between the order flow And the volume in here to give us insight And we're not getting too much insight out of it here a little bit of selling in here some buying just came back in So we need to see more sellers here around this 89 50 Okay, or exhaustion here by that buy side and then our sellers come in all right sellers Let's see if you can do it. Let's see if you can drop it back down here maybe 88 50 Or a bit lower 87 Yeah, I like 88 50 to begin with here See a little bit of selling in here not much There we go beautiful. All right, so let's see if they can continue though, right? We're still looking for this to now maybe reach an ATR over here Or I'm sorry a price change move Khalid, okay Not sure what what you're thanking us for over there in YouTube, but you're welcome Yeah, if price change algo is fantastic Slow down. I I agree well Shark shark below you you can use price change and Absorption I'll go together. Absolutely. It's a good idea a fantastic idea. I mean we've been looking at price change versus volume pressure and also versus the Order book pressure Okay, we continue to cover these in here guys like there's a lot of value in here Most of us are I've been looking at and hitting the Hitting up the volume pressure which which is really good. I mean it's working just great But starting to understand some of these other concepts from market pulse There's a lot of value in here and we can see it with this price change We you know, we're looking for those sellers to come in and they did and we're down here now at 87 Which is what the move we are looking for Hey, so just based on this context between the price change And the order flow in here Right, so I like your idea shark blue. I would I would encourage you to Test it go go check it out Use use the absorption indicator Make a few pieces of content on it some use case scenarios and And check it out I mean, I think I've got the Absorption yeah, I've got it here so we can take a quick look at it right now Okay, and then we can compare and contrast these here Okay, so now look we have two different lines down here. So it's a little confusing, right? Which one's which well you can hover over it and it will tell you Hey, so if I'm hovering over it see over here tells me that is PC price change this one here it says it's API hey, so that's the absorption pressure in balance It's so that's how you can you can also just move these away if you want There you go and see it a little bit clearer. All right, so what we can do now is right click on it and change the colors in here Okay, so we'll just change the line color. I've been using yellow And then I've been for the middle and I've been using blue here or The let's make it a little bit brighter blue Okay And then red in here Turn to change it to this kind of pink Jenta Okay, so then we can see the distinction between the two All right Now look at this move right back up And so now do we see anything in here that gave us some insight? Not really. We didn't get an extreme reading in here on the price change And we didn't see anything happen on absorption which makes sense when we don't see much absorption in you at all Okay, now we're getting extreme price price change move up here or Reading Okay, you guys can hear it. Probably just very faintly. I have it on very faint All right, let's So let me get rid of the absorption one the one that I haven't covered Well, we've covered before I haven't gone into too much detail on is the sweeps Okay, so first thing we need to do is we need to turn on the sweeps indicator here And I will turn off the absorption Pressure here indicator. So you can see this is a indicator working off of another indicator now This is using bookmap broadcast API, which means you can write algos off of your sweeps indicator absorption indicator and You can you can also create it for market pulse Directly. So what market pulse is reading is the sweeps indicator here So I need to cover this because it's important. We have the inputs here And it's in automatic mode right now, which means that see it says to 250 up here In automatic mode this now it just jumped down to 199 We don't want that. No, this is a great tool here For your sweeps indicator, however, it will not work very well within market pulse because this this number is always changing here When it changes it then it has to update the The market pulse I'll go. Okay, so We want a static number in here Right, so it doesn't always update it. Okay, so let's go over here and then we'll we'll select sweeps Sweeps pressure and balance and we'll click play Let's see what we get here. Okay, so we're looking for maybe This this could be a really nice thing to look at use case scenario here Look for your price change and a sweep a book sweep into high liquidity okay, so Real nice idea Okay, so let's see it in the sub chart here So we get we have price change in the sub chart, right? Yeah And what about sweeps? Let's look for that in the sub chart And are we getting any data on this here? Okay, yeah, we're not getting much data on this at the moment the reason being this is just too high They will drop it down to 50 and see what we get So yeah, now we can see it here a little bit So this will recalculate and we'll get some data here. There we go See how we just want getting much data off of that here. All right, so this is our our sweeps indicator here Okay, so we hit this is this is a this is a beautiful signal right here crash crash F16 here you go, you know, you've been the the resident expert here with our market pulse tool But here's it. Here's a beautiful thing a sweeps and in the right into the Price change Okay, so let's see if we get another one here. So we're coming right back up now Okay, first we're looking for price change Hey, we see high liquidity in here And we're looking for a book sweep now Okay, there's a sweep right there. And now it's it didn't cross the threshold Yet, but there's our sweep They mean it there we go. There's a nice sweep. Okay, so into high liquidity. There's our sweep Hey, now it still didn't reach the threshold which is funny. I Guess it's just not not enough And our price change also just not quite enough yet Okay, what we're looking for both of them in here now. This is this is a nice idea nice concept in here because We're looking for a book sweep, which is like a stop run basically it can be And it most likely is above swings and then we're also looking for a price change and we can assume that if this is a Stop run through that area. Well, is there still more demand or is that it? People just the buying is the buying pressure is just people getting stopped out And there's a stop one or four or two up here great. Okay, so yeah, we can even compare it to Your stops in here. There you go. Thanks. Thanks, Stephen. So you got your book sweep Stop run you hide the quality here We just don't have price change yet right guys see how this is like breaking down these these markets into a kind of a more Maybe tangible like understanding of the market structure Okay, with a price change using price change in here Okay, now here we go. Here's another sweep up into here Look at now We're getting sellers in here looking for sellers to come in on the other side and trade it right back down They look for maybe this 8850 or this liquidity here. Maybe 88 the swing here Okay, just based off of these These ideas and these concepts in here. Yeah Blank, yeah, absolutely. There's a Relationship between sweeps and and stop runs Yeah, now book sweep is is very very simple Indicator and so is the absorption. They're basically the same indicator. We broke them into two Because users wanted wanted the fun functionality of both. It was actually one indicator originally and the reason Or the difference between the two or what is reading is very simple Okay, and then I'll go over the difference It is just reading within a certain time frame very short time frame that a certain amount Transacted that's it Okay, now for absorption and we would assume that if massive Transaction takes place And it is unable it only takes place at one price level is unable to move the market We assume that then it is absorbed Okay, either by an iceberg or by high liquidity or both Right, so that is the idea Now the sweeps is the same indicator within a very short time frame We're looking at transactions that occur at one price level But more than just one price level at least two you can input three or four or whatever it is that you want Okay So guys see how nicely this this sweeps indicator combined with price change worked in here You can see that we see the drop back down to this kind of 8850 level here. Okay, that's what we're looking for And maybe we can get even further here. I mean you can see our price change I'll go actually I gave us a bit of a reading here. So Extreme reading, okay, and we're looking at 85 here. So, you know that that's You know, we might get a we might get a move like this on the sell side coming up next and might come all the way down here We don't know we just know that these moves in here Over the last five minutes It moved more than in other areas Okay, because it crossed that threshold All right, we have another sweep here And just a couple of price levels that a lot transacted very quickly Anyway guys a few these are a few ideas to chew on here for your For your market pulse Let's see here. There's a few other questions over in YouTube. Okay. Yeah, I see a Louise answered your question There's a couple different things that I that may or may not relate Tom To what you're what you're talking about or asking if we look at these you have to have the sweeps indicator I Selected here within the instrument in order to get market pulse to work for it. Okay? so like for example, let's take a look at market pulse here for For absorption if I come up here into Absorption and I select absorption see I get the warning here Hey Telling me if I hover over it here. It tells me that I you know, I need to subscribe to absorption for this instrument Now the other thing that you need to do and this is we just covered it earlier vitally important is For sweeps and absorption. This is working off of bookmap broadcast API, which means That we need to have the static number here within sweeps indicator and absorption indicator if you use automatic mode in here this number changes and if this number changes it means that This your market pulse will change it will affect your market pulse Okay in it will have to update. So if this number is always changing you're always going to get updates in here Okay, so that's something to consider So I just leave in a static number and then I'm getting my my output here market pulse for sweeps Guys I've got to go here actually this has to be a short one. I've got Some other engagements here But we went through some pretty nice Scenarios here with the sweeps and absorption along with price change and work really really Nicely in here some some nice concepts and ideas for further study So, you know take a look at some of these things now. We have this whole kind of like quiver of These tools to check out for market pulse. Okay, we have the Absorption we have the sweeps we have the order book and balance. We have the volume pressure in balance and volume pressure There's like five of them right off the bat and then there's it's double that because we have If you go to the drop down in here hold on You'll see like a absorption liquidation liquidation is for the crypto markets though Here's our order book. There's two for each our price change. We have a spread change in here as well Here's our sweeps And then here's volume pressure Right, so you get volume pressure or volume pressure in balance Some really really nice stuff in here play around with them and come up with these use case scenarios. I believe Tom you've Came up with some really nice ideas as well Using using market pulse So anyway guys put some of these concepts together and understand this market structure along with some of these transactions and Order flow the the the the nice thing here is that you're gonna get Not just the transactions in order flow here in book map in market structure, which we we've always covered that but you're gonna get this output of it being a Percentile above normal or below normal like right now look at our price change. Okay, we just went through this scenario in here How maybe we'll get a bigger price change move back down here? We got smaller ones here, but we're looking for maybe a bigger one Okay down to the bottom of this range and that's exactly what is unfolding. Hey, do we get any sweeps though? No, we haven't We got some here actually but did it was it a Pretty big event for the sweeps. No, it wasn't Okay, so, you know wait wait until you see that maybe that capitulation you were looking for sweeps Maybe below this range in here a total stop run Price change that's outside the norm. That is the key here. It's outside the norm So you'd look for maybe it to come back inside the norm Maybe it would trade back into you like a mean reversion type of activity here Okay, so so a lot of different Ideas in here to to understand and to study Yeah, yeah, all right guys. Well, yeah, thanks for coming everybody. I got to call it short today But I'll be back tomorrow and we'll go through in much more detail tomorrow what's Going on in here in the markets and maybe Go back and review some of these ideas with market polls. Okay. Yeah, thanks for coming We'll catch up with you tomorrow same time. Bye. Bye