 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 There is new pricing page. So I'll go through this with you and if you Become a book map client Then you get access to the advanced educational course Okay, and it also gives you access to the advanced order flow webinars. Okay, so through the educational course you You can access at any time you like It's a four-part series and then in the live market. We go through the same content and look at or anticipate price movement based on The content in that educational course So you can learn about it in the course and then you can see it in the live market every day at 11 Eastern time. Okay, there's other resources as well. And if you have any questions, you can reach out to us at support at book map calm Okay, so let's go to that website And take a quick look here We'll scroll down. There's an intro video here and information just about book map in general and NASDAQ total view you we also offer connectivity to US equities all US equities and Here connectivity You will need a data provider. Okay book map is not a data provider. So One of these data providers to connect to the futures markets or or stocks. Okay with dev experts to the NASDAQ market Which is an excellent data feed by the way full depth of market. So I'm really really good stuff some of the Other data providers like CQG and rhythmic also provide full depth of market. So this is new. Well, it's been For about six months or more. I guess New offering it's a fantastic to see and I'll demo it for you. Okay, so we're not a data provider We're a software visualization trading platform. Okay And we're just like a ninja trader is or TT X-Trader pro or interactive brokers traders workstation However, we do connect to the API of these these three platforms as well So that's why they're listed here, but we are a platform just like them All right, so you can connect directly to CQG rhythmic You know gain IQ feed and transact Tom. I see your question IQ feed I do not think that IQ feed is providing full depth of market yet I would reach out to them though. That would be the way to go You know, they're their telephone support is excellent. So they'll they'll answer you right away But yeah, I do not think that I have not seen it IQ feed yet Okay, so let's call an activity. All right now here are the package new packages and pricing that I was just talking about All right, well first off there's Option here for monthly or yearly and if you go yearly you get a 20% discount You can see the prices change when you switch back and forth So there's really two different versions here. There's there's digital and there's global Okay, bookmap digital and and bookmap global. Okay, so the digital this connects to the G-DAX exchange for Cryptocurrencies or digital currencies Okay, now with it is completely free. You can download it now and connect to the live live markets right now You you get the full full book map without the the the add-ons of course Or the ability to trade But you can you can trade in simulated mode, but Anyway, that's what the free version offers you and you only get access to One instrument at a time so if you want to look at Bitcoin, you can look at Bitcoin If you want to look at Ethereum you can look at Ethereum, but only one at a time the You only get basic education and you also get limited support. Okay. Now the digital plus. Okay It's the same as the digital. It's thirty seven dollars per month except You can You get access to the one-click trading Okay You also get the record in replay mode and you can access Up to 20 instruments that G-DAX exchange offers. Okay, you also get the advanced education that I spoke of just earlier As well as a full support. Okay, so any questions or any help that you need So then there's the global bookmap global here. All right, so it's forty nine dollars per month. Okay, and Includes everything in digital plus and but you also get Support to futures markets as well as US equities. All right So for a few dollars more you get, you know full version here for equities and and futures as well as the advanced education now the global plus Is same as global except that you Included are all of the add-ons here. All right So you get one-click trading and these proprietary indicators that we put together To understand and analyze order flow very specific Phenomena in the order flow. So for example our large lot tracker. We're looking for larger players Okay, that are holding the majority of liquidity in the book. We have an allegro that can identify that There's some imbalance indicators for the book and for volume We have an iceberg detector. It can see When larger players are using iceberg orders as a correlation tracker and of course you get to access to the advanced Education. All right now if you need a little bit of help understanding all of this and you want to see a complete features Guide you can click here. If you're new to futures You can also click here for a free trial of data feed For 14 days for a lot of them offer 14 days. Okay, so you can look into that Social media you can follow us here on Twitter at book map underscore pro Okay, and the YouTube page here, I'm gonna throw this in here now. We just made this public. So We have a new video That covers all the features here in Seven point oh, so let's open that up Okay, and let me share this for you. Okay, there you go so you can watch that and Let's close that up. Okay, so you can subscribe to our YouTube page any new videos. You're gonna get alerted about so This being the new one right now 7.0 overview okay all right, so let's get into book map and Take a look at some things anything in particular you guys want to look at I was going to look at maybe Bitcoin to start with Also look at the Nasdaq and we can see the 930 sell-off immediately here. So interesting stuff right away But starting to find some support down here. Now. This is a candlestick chart I'm just looking at some higher time frames before jumping into book map. That's that's all so Let's take a look here. Here's Bitcoin Interesting stuff. We are down at the almost yeah right at 11,000 as you can see down here Okay, and you can we can see very very high levels of liquidity here. All right Jesus you want to take a quick look at the ES. All right, let's take a look here Yeah, just haven't been covering the ES for quite a while. I mean we're getting some movement now for sure So we can kind of just start to start to come come back into the S&P here Okay, all right. Well, yeah, let's stick with the S&P. So what are we looking at? Here in book map. All right, so all sorts of things going on here in the chart. Actually, it's that's really Not the case It's actually very straightforward data here Let me explain. So let's get rid of some of these Indicators to begin with All right Okay in this chart that you're looking at here. There's really only three elements on the chart Okay, we're looking at historical best bid and offer Okay, the volume that traded on that historical best bid and offer with all of these volume dots here Okay that you see and then you see this colored heat map. All it is is a Recording of the depth of market so you can see where they're bidding down here and where they're offering up here For example, it's just three elements. That's it. Okay. There's nothing more on the chart. So to cover this In a little more depth. Let's strip away all of the these three elements Okay, and just look at a candlestick chart Okay, here's a five-minute candlestick chart and We can start to understand, you know open high low and close of a of a specific time period in this case is five minutes And try to read the the price action and the order flow here Obviously, you know sell candle sell pressure It opened up here went up a little bit and then it dropped and then it kind of went a little bit higher and closed here That's what this five-minute candle represents open high low and close of that period But the problem with this candlestick here is there's all sorts of things that happened Within it that is completely opaque here. We have no idea for example Where the volume traded? What type of volume? Where in exactly when so We want access to that kind of information it offers us insight a lot of insight And we're making important financial trading decisions here. We need that insight Okay, so we were looking for that transparency. The first thing we want to see Is microstructure and we can easily see that by turning on the historical best bid and offer Okay, just this alone is Already quite helpful Okay, so why is that all right, so the The best offer is this red line and the green line is the best bid. It's just a recording of it. That's it Okay, the the the nice thing here though that we're seeing is and what it is displaying for us is Microstructure, okay, so what do I mean by microstructure? Well down here see this little double bottom down here Okay, we don't see that in the in the candlestick chart Okay, this is a pattern All right this pattern or this this microstructure area here was broken here. Okay, we we're gonna see What what occurred down here? We're gonna see a aggressive vine Okay, green dots pulling the market up out of this area and look at this little retest here Right back to where we broke from here and it continued on up Back to where it broke from up here in this structure. Okay, there's a bigger structure up here And we broke down below that we come back and test to where we broke from here And then we get another retest back down to this low okay, so Understanding these microstructures are our key and it's completely lacking in this candlestick chart The reason being is this all the data is aggregated in and within that five minute period Okay, so let's turn on the volume and and check out Exactly where the volume traded and what occurred here. Okay, so we can see that this quick move down Well, we see a lot of red dots pulling that market down Okay, and then in this area here Well, there's a lot of back and forth in a consolidated area and then we broke out here Okay, and we see green dots pulling the market up. Okay. These are aggressive buyers They're hitting the market buy button and pulling the market up. So let's zoom into that area and I want to show it to you Okay, so here's what occurred Let's make these dots a little bit bigger. Whoops. They hold on a minute here Not not quite getting the Setting that I want here Huh, okay, I know they've been playing around with this so Important to for me to get this correct Okay Yeah, because this is what I'm looking for. I'm looking for a distinction here and in bookmap displays it We see that You know, there's more selling here pulling that market down. We see more selling at these lower lows here, for example But this pattern was broken here I mean the order flow actually looks pretty good here for continuation to the downside, but we didn't get it Okay, the You know buyers started to step in here and we came back and up and tested the This is the microstructure element here that I'm talking about this area of consolidation here And then look look how we broke out here. Okay, nothing but buying. Okay pulling that market up So what does that look like? All right, so let's zoom in here a little bit closer. This is what it looks like Okay This is that historical best bid and offer. Okay, the red line is the best offer the green line is the best bid Okay, and then look at all the buying here. Okay looking at the ES is great because we see all sorts of transactions here and It's just so heavily traded and there's just so much liquidity great great stuff It's nice to always come back to the ES and take a look here Okay, so what are these green dots? Okay, these are the aggressive market buy orders They they they press the market buy button. They cross the spread. They paid up for it a tick To to get filled on the best offer here and they took liquidity off of the best offer. Okay, so It like in our educational course part one we go through sweeping of the book. Okay, it's an important phenomena to understand It's how the market usually moves from one structure to the next Usually with a pretty significant and quick break And a sweep of the book and all of the liquidity at these price levels Okay, and you'll just see nothing but buying pulling that market up similar very similar to this I mean there is some selling in here too Okay, but look at the selling. Okay, look at the the aggressive market sell button was hit here and Transactions occurred here on the best bid, but look at it compared to the the aggressive buying. Okay, the buyers are in control here All right, let's zoom into this area here because I want to show you How bookmap is displaying this information is very powerful We look at all of the Transactions here, but we can continue to zoom in here Okay, and as we continue to zoom in I'm pulling apart all of that trading activity and Now look here. We're down at micro second level. Okay, and we can continue on and look at nanosecond level here Okay, just Just and why do I want to look at nanosecond level? It's just to show you that we're recording at a very very precise level Every single market event that took place here. Okay, so we're looking at billions of seconds now down here in the timeline Okay, and we're recording all of that data every single event very precisely recorded Okay, so this is quite quite a powerful tool But as I zoom out, you know, we're not going to be consuming data at these Billions millions or even thousands of seconds. Okay We we're going to be consuming it at a much higher time frame All right, but as I zoom out We're compressing that timeline together and we're going to show this data as a bigger dot and there it is Okay, so that's the action that just occurred here very very quickly and we can we can see exactly what Constitutes this this dot here. Okay, what it's made up of if I use this data tip tool Hover over these areas here. We get the date the time What was on the ask here at this price level and the volume that traded so this dot is now representing? 94 contracts that traded Okay, so that's what occurred and that's what we're showing here With these two elements okay getting back into the bigger picture the two elements displayed on this chart by book map right now Okay, the historical best bid and offer Okay, and and then the The aggressor classification of volume Okay, now where this is going to give you an advantage over for example a footprint chart is that you're not going to see a lot of the micro structure Okay, because it's going to be aggregated within a bar So you're not going to know Exactly what occurred here that we broke out of a micro structure area here And we come back and retest here and we don't see any selling at these two little points here And we rotate higher and they continue to lift the offer with aggressive vine All right, so that's what we're looking at here with these two elements now Let's add that third element and we take off the candlestick chart and add the heat map Okay, so what is the heat map? Okay, well the heat map is Where they're bidding and offering okay in in the market so let's go to the current market And I see your question Tom. I'll get it get to it in just a second and the What we're looking at here in the current market in the ES right is The dome right here. Okay, so everything to the right of this vertical white line is current market Okay, I mean we do have some volume columns over here, but that's that's for the dome as well But this is your best bid and offer currently right here Okay, and in this this number here is the last traded volume All right Here's our price ladder and then here the the C O B column here that I'm displaying Okay, this is the best bid and offer right here. Okay, and then this is depth of liquidity a depth of market here our dome On the on the offer and then here on the bid Okay, if I zoom in a little bit closer, we can we can take a look at the more price levels here Okay, so hundreds of contracts are here, right? Look at the highest area of liquidity is down here. Okay, 723 Right. Well, that's represented here In the heat map. Okay, and you'll see like when these numbers change You'll see the heat map change color too. Okay, if you see high liquidity pop into the book Or get pulled Then you'll see that reflected not only in the numeric value, but you'll see it in the heat map Okay, so that's all we're all we're doing is just painting the liquidity in the dome into a heat map But the the magic really occurs here when we take that Heat map and project it on the chart historically. So now we have a visual representation of the liquidity historically Okay, so for example look what occurred here Okay, we came down into this area of high liquidity here, and they're actually pulling Okay, so these guys that were were here on the bid waiting to trade for quite a while Okay, and then when price came down, they said no, I don't want to trade any longer They pulled their high liquidity Okay, and then these guys down in this level here. They actually started to pull too Okay to me and this one's a little harder to judge and we can see it all the time in other examples, but Looks to me like this guy probably pulled here and then added down below here. Okay, so Anyway, we can start to identify the you know Specific players and how they are or what their intent is for trading in the market Okay, so we can start to put this whole auction together Okay, that's what really what we're looking at here is the auction. Okay where they're bidding and offering so You know look at this guy bid up here pretty aggressive, you know price went up and he's bidding at a higher level Price came back down into this area and then he pulled and then it went away and he got back in Okay, why would he do that? You know so maybe he's showing intent, but then when price comes down to test him He pulls his liquidity doesn't want to trade any longer, but then he jumps right back in Well, what he's doing or what traders are doing at this price level is They're holding their position in the queue okay in line and So they'll make the decision if they want to if they think this is a deal or not All right, so they're gonna get filled first before others if they choose to stay in the book so anyway all sorts of things to start to comprehend and put together and into the context of really the condition of the market right and understanding that context is what the book map allows you to do okay and Understanding that context at higher levels is what we go through in the advanced order flow webinars all right, so Yeah, and tomorrow if you guys show up tomorrow, I'll give you access to tomorrow's advanced webinar usually on Friday we hand out the link to Access it so you can get a feel for what we do in those advanced advanced webinars Okay. All right, Tom. Let me get to your question Let's see here Yeah, Jesus. I'd like to your feedback on that. I think you've been to quite a few of the advanced webinars. So What are your thoughts on that and and you know? Would really like to you know get any kind of insight from you if you if you could Let's see Can you explain how to adjust the time slices? Say you want to look at three-minute candle Okay, so Tom, this is the way it works. Okay, the time slice tool is up here on the toolbar the way the time slice tool works is From this point here Okay, which is the current market right this line here all the way to the end of the chart here If I choose a time slice, okay, so let's say five minutes Only five minutes is within my current chart That's the way it works. Okay, so you can see each vertical dotted line here is You know showing Separation of 30 seconds. Okay, that's just the way When we're showing 30 30 or five minutes, it's dividing up each 30 seconds Okay, now if I can if you zoom out though like you can see I just zoomed out by using my center mouse wheel Okay, and and now there's a minute between each vertical dotted line So if you want to see three minutes, I don't know if we can display three minutes, but we can certainly display two minutes Okay, there there's two minutes Okay, and let's zoom out a little bit more. I think it goes from two minutes to then five minutes Yeah, you guys go from two to five so it doesn't do three minutes All right, however, you can get three minutes up here You know in the time slice tool so Up to you how you want to use it I kind of like the view here with You know the dashed lines and I just kind of look at it Get a get a feel for you know, how much time this represents Yeah, Jesus you can reach out to me at Bruce Bruce at book map calm Okay All right Let's see the Well, that's pretty much it All sorts of new features in this book map seven, okay Bitcoin being one of them and You know very very cheap access to to bitcoin Okay, so for that one actually you'll be you'll be connected directly So no need for a data feed there. It's offered By default okay All right guys, well, let's wrap it up. We'll call it a day and we will Catch up with you tomorrow or see you in the the next webinar in just a minute. Okay. Thanks for coming. Bye. Bye