 Okay, welcome to the book map platform details webinar. This is Bruce at book map risk disclaimer trading futures equities and digital Currencies involves 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 book map calm and You can get a free version of book map And if you want to subscribe, I'll go through the different options here But if you subscribe you get the book map educational course comes along with it. Okay, it's a four-part course and And then you get access to the live webinars that start at 11 Eastern time. Okay, so in about 27 minutes or so Okay, so the live order flow Webinars the advanced ones we go through order flow phenomena and not the platform details Okay, there are a few platform details now and then but That's what this webinar is for. It's for people who are new to book map Although we will cover some of the order flow here, but just some of the basics. Okay to get more in-depth we go to the Advanced order flow webinars. Okay, people are more interested. They're beyond the Platform details. They're looking at specifics in order flow and using book map. Okay All right, let's take a look here at the website Scroll down a little bit. There's an intro video here Sections about book map. You can read more about it there Book map for equities through NASDAQ total view. This is an excellent Data feed here through DX feed or dev experts. Okay, low latency Full depth of market, which is fantastic You know plenty of liquidity lots of instruments and You can look at very specific things within those various stock symbols you know looking for something specific that Meets your needs and you can see it very very clearly in book map as you'll see was we go through some of the demo here All right connectivity. This is an important area. You will need to provide data a book map is a visualization Visualization software trading platform. Okay, we are not a data provider You can also see there's some other platforms here as well like Ninja trader TTX trader pro and interactive brokers traders workstation Okay, we connect via the API of those three platforms So if you have data for those platforms where you can connect book map However, we are a platform as they are so you can connect book map directly Through CQG rhythmic gain capital IQ feed transact dev experts Which is that NASDAQ total view that I was talking about and trade of eight trade of eight is going to be with CQG Okay And and anything here with that with stage five as well. All right Okay Let's continue on down the book map platforms here, okay, you can You can see the offerings here There's monthly and yearly. So if you want yearly just click on this and you'll come over and get 20% discount and Here is the The details. Okay, so there's digital and there's global. Okay, so the digital only connects to digital currencies Okay, so this is a free version here with a digital. Okay, no credit card details. Nothing is required You only get one digital currency It's through the G-DAX exchange, which is what we offer for all of the different platforms here and you also get the A Real-time full-depth data here It's connected to live markets. You get to see the heat map and the volume and the order flow and You can also click use the one-click trading but only in simulation mode Okay, you cannot use it in the in the live market All right, and you can only look at one instrument at a time Okay, and you only get the basic education. You do not get access to that advanced education as I was referring to earlier and You also get limited support. Okay, so that's the free version did the digital plus version Is your eight year? It's 37 dollars per month. You're able to Get a full depth of market, but you can also record and replay your data files Okay, you also get multiple instruments. Okay, so you can have up to 20 Different digital currencies or crypto currencies. Okay, you also get access to the advanced order flow education and the Advanced order flow webinars Okay, and you get full support as well The global here. All right, so for forty nine dollars per month You get everything from the digital plus but it also supports both Futures and equities. Okay, but you will need to provide the the data for the futures or equities All right, you also get that advanced education and full support Global plus is everything in global But you also get the ability to trade right from the bookmap chart and this is a huge bonus because you can Hide your orders your stop orders behind high liquidity or you can front-run it Your orders for entry and in front of high liquidity. Okay, you also get Some of these proprietary add-on indicators that we put together that look exclusively at order flow And specific players. Okay, identifying larger players with a large lot tracker identifying larger players using iceberg orders imbalances in the volume and the order book and a correlation tracker for different markets, okay? if you want the a complete list here features list you can click here and If you need a data feed if you don't have a data feed you can also get a demo feed you can click here. Okay? All right, some of our partners support etc Let's see you can follow us here on Twitter all sorts of new information coming up and It's at bookmap underscore pro. That's our Twitter handle And you can also subscribe to us here on YouTube and any new videos that come up. You can you can get Alerted for okay, so I would recommend if you're new here look at some of the intro videos Then go to some of the features and and components here. You can see the new bookmap 7.0 Overview right here. That's a new video. That's what I'll be demoing here And then there's the video or the order flow video snippets. Okay, so with these you can Look at some of the concepts that we go over in the advanced order flow webinars in the live markets Okay, these are very concise videos that go over the just the concepts of that order flow phenomena all right a Lot of a lot of traders find these order flow video snippets very helpful okay, well, let's jump into bookmap here and See what's going on? Okay, we'll take a look at NASDAQ here and Let's zoom out quite a bit here and see what's going on Okay, a lot of sideways action here. We're down below the 7,000 area. So that's that's going to be key and All right So what are we looking at here in bookmap all sorts of things on the chart here is is what it looks like? It's actually not It I mean there's a lot of data here We're we have the ability to record every single market event Okay, but let me I'll go through it here and simplify it for you because actually This is really simple data and it's not Let's get rid of the VWAP here Okay, and let's get rid of some of these other ones Just a minute here Okay, there's only three elements on this chart There is historical best bid and offer Okay, the volume dots here that trade on that historical best bid and offer And then this heat map that you see here this colored heat map what that is showing is the the record of the liquidity Okay, so where traders were lining up to provide liquidity in the book. So this is current up here There's a hundred and twenty contracts up here at 91 and a half All right And we know that We have full depth of market here Rhythmic offers full depth of market. I think CQG does too, but not quite yet for CME So all of these all of these levels are live. This is a tremendous bonus here And it advantage for you. Okay, we know where they're lining up to bid and offer Okay, now this is the current book right here right to the right of this white line so You'll see the liquidity change and the numbers here and then the heat map will change Okay, and then we record it and and it's transposed onto the chart historically here So, you know where they're bidding and offering and it offers all sorts of insights here and we're going to go through it Let me just take off one of the indicators here and then The POC indicator and then well, let's let's take a look at a candlestick chart and I'm just going to simplify this oops volume dots And best bid and offer. Okay, so and and and what you're seeing in book map compared to a candlestick chart Okay, so this is the view that we're accustomed to There is all sorts of data here that is is completely opaque We have no clue for example about microstructures within this area and that's because this is an aggregated period of time This is a five-minute candlestick chart. So there's only four data points here Open high low and close. That's it. So there's all sorts of opacity there. What happened within that five-minute period? We have no clue Okay, there's going to be microstructures in here that are broken and we're going to see very important volume trading within those microstructures, which gives us tremendous insight to Future price movement. Okay, so let's turn on the historical best bid and offer and that very Simplistically gives you the microstructure Okay, and we can see a nice nice structure already right here at 9 30 the 9 30 open Okay, we see a move to the upside. Okay, look where we broke from here this little high Well, we come back and retest it here here and here and here as well Okay, so it accepted above that level. Okay, and this is around what 90? 69 80 or 81 And you know so time and acceptance right after and there's gonna be a lot of volume in here because this is the 9 30 cash open Okay, and it looks like it's accepting pretty nicely up here, but also look at some of this microstructure here Okay, we're starting to see it. It's going sideways here. Okay, which you don't see in the candlestick chart and We can also see that It's not making it makes a higher high here, but it fails here Okay, now it's making a lower high now It's making a lower low and yet again a lower low and just a slightly lower high over here Okay, this is giving us a lot of insight Okay for the potential for a move and a breakdown below this 81 level all right, so That's what we want to know We want to know this kind of insight in this the candlestick chart is not helping us whatsoever here with that kind of insight we have no clue so Let's turn on the volume and we're gonna see a lot more Okay, so here's our 9 30 open lots of volume of course a lot of buying as you can see trading to the upside And this is actually very indicative of a move to the upside look at the exhaustion here on the sell side down here Not a lot of selling Okay, so the market rotates up and it trades up into these ranges up here because that's where the activity is Okay, we don't see any of that within the candlestick chart. Okay The candlestick chart is completely opaque to What volume traded? Where how much and what type? It was an aggressive buying or selling. Okay, and all of this is recorded here and Displayed in book map. Okay Even better than a footprint chart and why is that? Well, let's zoom into this area Okay, the reason being is that even the footprint chart is going to aggregate data within a time period or bar rotation or volume Number or threshold something like that, right? That's just what they do That's the way that the structure is set up and it and it it lacks Transparency because we can see micro structures and we can see how the volume traded in reference to those micro structures Okay, and that's what gives us the insight here and So for example this this move to the downside. This is a break of this little micro range here Okay, and but it was this was unsustained. There was very little selling down here There was there's a little bit. Okay, but not not that much Market starts to rotate back up and and you can see buyers start to step in here and trade it right back into the range okay, and We see a little bit of exhaustion here on the buy side as well Both sides really so it's kind of going sideways here But what I'm looking at here are these are these points right at the top? Okay, and right at the bottom Okay, is there significant volume trading in those areas? We want to know that Or lack of If there's lack of we were looking for that potential for return back into the range and possibly to the other side of the range Okay, and and then you can see here that we did not make a Lower low. Okay. There's a nice little cluster here of volume But it's just not not enough to to drive it down We rotate back up into this area and this is exactly where we pause. Okay, so this illustrates my point This is where we see more volume trade and more volume trade over here and also in these in these areas So the market knows it can transact in this area Okay in this microstructure. Okay, or in this bigger structure. All right But here is where we see the difference. Okay is where look at the buying that that pulls the market up out of that area here okay, this is Buyer stepping in and lifting the offer. Okay, not a lot in here, but here you do see it. Okay Ultimately this this this move fails. Okay, there's not enough buying pressure and How do we see that? Well, this is actually I'll probably show this in the advanced order flow webinar really beautiful example of a Micro head and shoulders here And this is exactly how it looks on a higher time frame. Okay, it's more volume trading at a higher high Okay, and then not much more trading up here at a higher high. Okay, we rotate back down There's a little bit of selling in here. Okay, but it's kind of sideways action. We come back up retest this area We don't make a higher high. There's no volume trading up in this area here So we start to rotate lower and this is where the sellers come in and hit the bid and they take control of the market Okay, the sellers are now in control at this area and they continue to take control and and hit the bid here Okay, now we're only looking at two elements here in book map. Okay, that's where I Go back if I zoom in I can display very clearly. Okay, and note that we can also just zoom into these these levels these You know looking at extreme extremely low Timeframes here now we're looking at microseconds. We can even go down to milis main nanoseconds oops looks like Didn't like that Okay, this is a new version that I have here. So I just had a just had a crash Hey, this is a beta version and it's a new build as well. So Because I haven't had that one before So let's just give this a minute and then one of the new Features here in book map 7.0 is the historical data. Okay, so I'll reload my my book map. So if your computer crashes or you know if book map crashes You won't lose all your data that you recorded Okay, so let's Open up book map again. Okay, it's still closing. Okay, it's just loading right now There we go. Let's open it back up Okay, and see you can see here is loading my historical data here Okay, so we'll just give it give it a little bit. I'm gonna take all the indicators off here as well Okay, so you can see that little blank time here that book map was down Kind of a critical time to see actually So let's let's go back to that that high of the day here up in this area and These this is just those two elements of book map that I was showing here One was the historical best bid and offer and then the volume that traded on that historical best bid and offer Okay, and we show that with the volume dots all right and Yeah, here's the view, you know, so here's the red dots here these are aggressive market sell orders that took liquidity off of the best bid and the green dot here It's an aggressive market buy that took liquidity off of the best ask All right, so that's it. It's very simple, but the insights are are pretty pretty amazing so There's a third element here that we haven't covered and that's the heat map Okay, and the heat map is actually very simple as well so I've got it, you know, I'm kind of back scroll back here, but you can see for example here at 69 87 59 contracts. Okay, this area is pretty bright. Okay, because it has high liquidity right, so actually let's go to the current market and Let's take a look here as we zoom in all right, so the Looking at book map here. All right. Well, where's the high liquidity boom right here We know at 68 and a half because we can we can see the numbers here But I can just very visually see it right here in the current market window Okay, this is best bid and offer right now This number is the last traded volume and then here someone just came in with high liquidity on the offer 67 contracts Okay, large lot tracker was telling me that it was one player. He actually pulled and he added lower How do I know that? Well, we just recorded all of that information. Okay, that would be very difficult to read here in the dome Okay, understanding this player doing this here. Okay, it is one player. It's it's it's got to be Okay, because you know like 99% sure here because look how he's pulling here adding lower And pulling then adding back up and then back and forth here. Okay, he's providing high liquidity But we've got a record of it all so we know specific players and how they're reacting to the auction or in the auction to price action Okay, and It gives us a lot of insight To understand this player's behavior or many of these players behavior So we just traded into high liquidity down here at the 68 and a half. Okay, and let's zoom into that area Okay, and answer this question. Okay, did they pull their high liquidity or did they they stay in the book? Okay, and there was a combination here, but for the majority of it, uh, you know, there was uh, we can use the Data tip tool here and there was 104 contracts that were here. Okay on the bid All right, they traded right into this area and they started to Take the the aggressive sellers took on the these guys providing liquidity here Okay, and in fact more more traded here. We can see that 209 contracts overall is what traded Okay, we're probably going to see some icebergs there. I'm going to turn it on just for the kick Kick of it here Hmm. Okay, that's surprising. I thought we're for sure we'd see an iceberg Uh, let's see here. Maybe it's uh, not on here It's on okay um Okay, so, uh My point is here In the limit order book a lot of traders Argue that uh, well, you know, I don't really care about I just want to see some of the higher liquidity But I don't really care about the limit order book too much Uh, because it's all fake liquidity And that's not true There is a real liquidity here and this is it and this is what it looks like Okay, they just traded into it Okay, and this larger trader here that had 104 contracts or traders. Okay, they got filled Okay, now we we we go through a little bit further Uh, and let's see the result Okay Because uh, this is what gives us insight here is to understand that Okay, that was what 68 Okay, yeah, it was down. It was over here. Well, here's the rebound that we see after that Okay, so sellers didn't take it down further Uh, that that's the story that they took it a little bit further here But then the buyers started to step in and they lift the offer now Where did they go? Okay, we're putting this whole whole market together here The uh cohesive View of it as we see we we rotate back up when we do not make a higher high here And remember that player that we identified earlier pulling and adding and pulling and adding well He got a little more aggressive up here and the buyers Pulled away. They did not take him on Okay We rotate a little bit lower Okay, and then here right here is their sellers start hitting the bid Little retest back to where we broke from and they continue to hit it Okay, and it looks like this guy down here at 66 pulled the majority of his liquidity We know we see some transactions down here, but we can see that The volume dot took place Lower than the 66 level Anyway, that's the kind of insight that You can get In understanding the order flow here and then you can start to look for The future price movement. Okay, so if you can understand where they're lining up Those would be your your areas to target because that's where the liquidity is And start to understand who's in control Okay by reading the tape or the order flow More specifically within the microstructure Okay, all right guys if you're signed up for book map, then I'll see you over in the advanced webinar Else we will Connect tomorrow at the same time. Take care