 Okay, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap 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. More information can be found at bookmap.com. The product comes along with an educational course. And in that educational course, it's four parts. Each part is one hour long. And then we back up that content in the live market, okay, every day after this webinar. So this webinar, the Advanced Order Flow webinar will start in another like 28 minutes or so. And let's see, I'll give the link to you guys as well so that you can attend. So just a moment here. Okay, there you go. So click on that and you can register for it. And then we can see you there at 11 Eastern, all right? Okay, so let's take a look at bookmap.com here and just wanna go through it quickly with you. Okay, the website here, you'll see the intro video here about information about bookmap.com for US equities through NASDAQ TotalView. I'll talk about that in a minute. And then connectivity, okay? So what is bookmap? We are a visualization software trading platform, okay? You can, well, we're not a data provider, okay? We're a software platform. So you can see some other platforms up here as well like Ninja Trader, TTX Trader Pro and Interactive Break Brokers Workstation. We are a platform as they are. You can connect via the API of these platforms if you like. However, we prefer that you connect just like any other platform using the data feed directly from like CQG or Rhythmic, Gain, IQ Feed or Transact or Dev Experts. So this Dev Experts here is for the US equities, okay? So you can get all US equities with that NASDAQ TotalView, right? It's a great data feed. It's a total depth of market, low latency. So really good data feed. I think you'll enjoy it. All right, so let's go down a bit further here. The packages that are available, you can get book map monthly or yearly and you get the discount here. And then you can see there's two versions, digital and global. And with digital, it's free here, no credit card but what all you get though is, I mean, you get a full version of book map, right? And you get real time free connectivity to the GDAX exchange. So what that allows you to do is view the one digital currency, okay? That's what you get with this free version, right? So you can check out Bitcoin for example, and in real time, okay? And you get the full version of book map and you can trade from the book map chart but only in simulation. You can't record your data though. You only get basic education and then you also get limited support, all right? So it's free, that's what you get but you really get to try it out here. The digital plus that you see here, okay? So that's $37 per month. You get up to 20 digital currencies at one time that you can subscribe to. You can record and replay that data and then let's see the, you get the advanced education as well as the one-click trading. So you can trade right from the book map chart in the live market, okay? The global version, what this does here, it includes everything in digital plus except that it supports futures and US equities, okay? So you can connect to all of these different data providers here for your futures and for US equities and you can see it's $49 per month, all right? The global plus is futures and equities but it comes with a host of add-on indicators here, okay? You can click one-click trading live from the chart here and you can see the large lot tracker and imbalance indicator, iceberg tracker and correlation tracker, okay? These indicators are proprietary that we put together for understanding the order flow. So not only are we understanding order flow, we're starting to identify larger players like the large lot tracker, okay? Or iceberg orders, okay? Larger players using iceberg orders to disguise their high liquidity and you can see that's $99 per month, okay? Few links down below here. If you need a data feed, you can get a 14-day trial here if you click here. Can't decide which plan is right for you. You can see the complete list here and you can also see our FAQs section here, okay? Social media, you can follow us here on Twitter at bookmap underscore pro and look at all sorts of information here. And then the YouTube page, all right? So if you're new here, well, or want to visit or revisit any of the information here, we have many videos. You can look at some of the intro videos here in the playlist. You click on the playlist heading, features and components playlist, and then order flow video snippets playlist, all right? Okay, the order flow video snippets, it's not so much about the platform, it's about what is showing you, okay? So we're looking at phenomena here and you're looking at, these are very concise videos. They're very short and they start to uncover a lot of order flow phenomena that a book map really clearly visualizes and this is what's gonna give you advantage in your trading here, okay? By uncovering that phenomena, all right? All right, so that's that. Let's see, you guys have the link to the advanced order flow webinar there. It's in the chat. There's some more people who've joined in here, so I'll paste it in again. So you can click on that and join us at 11. And then let me get to a few questions here, right off the bat. So Lawrence, nice to see you again, Lawrence. Let's see. Oh, I'm sorry, I don't have the bonds. It's the slowest market, yeah. Okay, up tick and down tick. Yeah, unfortunately I do not have access to the bonds. Well, actually I might be able to get it. Okay, if you don't mind, Lawrence, let's do it at 11 and I'll load that data feed. I'll end this webinar a bit short and I can load that data feed and we can go over that, okay? It'll be good for everybody as well, I think. Okay, sounds good, Lawrence. All right, thanks. Let's see, Edson. No, data is, you'll need to provide that and it depends on the broker, who you connect with, et cetera, but that will be an added fee, yep. So a lot of brokers though, they may offer it for free. Others, you need to pay, okay? So for example, S5, I think you get your OEC data from Gain Capital for free, okay? But you'll need to open up a broker or account with them, okay? Other brokers, they'll charge you for that data, okay? All right, well, let's take a look here at Bookmap and see what's going on, okay? Well, we're down below the 2600 figure here, as you can see. It's been some really big down days here, no question about that, but it's been good to see as well, a little bit of a shake out from this just, you know, day after day of, you know, new highs and just seems like it was very complacent in the marketplace. So good to see some volatility come back in here, all right? Especially for us as day traders, it's fantastic. Okay, so let's take a look at this S&P and what's going on here. And I'm just gonna go through some of the basics here for you guys and then we'll get in, you have the link for the Advanced Order Flow webinar. So we will get into more advanced concepts in a little bit here. But what we're looking at here in Bookmap, all right? So all sorts of stuff happening. As you can see, the heat map is all lit up here with high liquidity on the offer as well as on the bid. And we're starting to identify larger players here right off the bat. Look how this high liquidity in here, you can see that, you know, large lot tracker here is showing that, for example, up here at 2601, these 335 contracts, it's the highest, or pretty close to the highest in the book here. And one player is holding more than half of it, like 60% of that liquidity. Now in this market, you know, that's not a lot. It's in general. But you can see, look at the liquidity here in the book. Okay, we're in the hundreds here. It's starting to perk up a little bit, but it's still lower than average, okay? Usually we see higher liquidity is around 800 to 1200, something like that. And instead, the highest is around 350, okay? So we're, you know, it's like, you know, four times smaller. Anyway, but we wanna note that, okay? Because we're seeing lots of price movement due to that lack of liquidity. Okay, and that's just equals volatility. All right, so the, let's go through the basics here. What are we seeing? Well, obviously it continues to the downside and testing through these high areas of liquidity here. And for those of you who are new here, all right? And it's just a few guys that look like fresh faces here. So this is, the heat map that you see here is derived from the limit order book, okay? So look at the 600, you know, contracts here on the best offer or on the offer. So we're about to test them too, okay? And look at the appetite for that. The buyers took them on, okay? Let's just get up here a little bit higher and let's see if there's buyers and we can come up and test this higher liquidity up here at 29, at 2590. Okay, but we're not up there yet. We need to see more buyers up here. Anyway, what we're showing here in the heat map, you can see it just got yellow in here, pretty high liquidity, okay, at 85, okay? We're taking these numeric values here in the order book, in your dome, and then we are recording it, okay? And then we are recording it in this window here, the live window, okay? And then when these numbers change, it'll be reflected in the heat map. So here, there was very low liquidity and then all of a sudden they jumped in here, okay? And provided high liquidity, okay? So that's all it is. It's just a recording of the liquidity. So not only is it the recording of the transactions here in the dome, I'm sorry, like in the market, that's usually what we're viewing is the, you know, just the transactions. We don't see a lot of the liquidity here, except we're in the dome and when these numbers change, it's gone, right? Instead now, we have a recording of it. And you can see where they're bidding and offering, okay? It gives us tremendous insight here to what's going on. And understanding like these areas here, are they filling, are larger players absorbing, all sorts of information to derive from this. We get into that in the advanced order flow videos, okay? Or webinars. And so we'll just go through the basics here, all right? So we've defined the heat map here, we know what it is. We can see that there's these dots here. These are transactions that have occurred in the market. And we continue to sell off here pretty hard, right into these areas of high liquidity, okay? And we're gonna get a snapback here. If larger players are absorbing all the way down here, you're gonna watch, okay? And we're gonna see that larger players that they're gonna absorb all of the selling pressure and buyers are gonna step in here and you're gonna get this nice move to the upside and probably really quick move in this kind of environment due to short squeezes. People will be bailing pretty quickly and covering and you get these really, really quick spikes to the upside. Very indicative of this kind of volatile market. Anyway, we don't see it yet and we'll read it, but we're continuing to trend pretty severely here to the downside, okay? Nice cluster of selling as well and we'll just continue to trade down into where the market can trade and transact. And that's where the liquidity is, okay? All right, so let's just go through these three elements and then we'll wrap it up here. What we're looking at here in book map, okay? I cover this liquidity heat map. It's just the recording of the dome and understanding where they're bidding and offering, okay? It's an auction, okay? And we're witnessing that auction and we can see the behavior in that auction in the record here, okay? It's the evolution of that auction, okay? Historical view of it, all right? So now we'll turn on our candlestick here and then we'll take off the rest of this data here because there's three elements on this chart that are giving all this insight here. And let's just go through what it is here and define it in a more simplistic manner, okay? Here we go. Okay, so it's a five-minute candlestick chart, just open, high, low, and close of a time period, right? Problem with this here is the aggregation, okay? This bar represents five minutes, but what happened within that bar is what we wanna know, okay? We wanna understand all sorts of data here, okay? And that's the problem with this candlestick chart. So if I turn on the historical best bid and offer, okay? We're gonna see the microstructure here, okay? Because it's not aggregated data, okay? So for example, between these two candles here, it just looks like it went down and then went down right again. Well, that's not true, okay? It went down and it went sideways here for a bit, okay? And then it broke this microstructure and then it went down. We actually get some retests back into this area here, okay? This is very typical. It's to test or see if we're gonna stay down below this trading range right here, okay? This range from this 84 and three quarters to 89 or 90 up here, okay? Well, here's our break from it and here's this little retest right back up here, okay? So let me draw in that because I can show this to you, okay? This is where we broke from here. Look at the retest right here, okay? We don't see any of that in the candlestick here, okay? These are great little areas to, if we're gonna accept down lower and you're bearish down here, these are great little areas for that pullback and look for continuation of the trend, all right? That's the kind of insight that the microstructure gives you, okay? Where the candlestick just doesn't. All right, now let's turn on the volume and where is the volume? Here we go, okay? So that was one element. This is the second element here, okay? The volume dots and what we're showing here, let's zoom into this area, okay? And we're just showing you right here, historical best bid and offer, okay? That's that microstructure. The green line is the best bid. The red line is the best offer and then you see these green dots, okay? These are aggressive market buy orders, okay? Someone hit the market buy button and they took liquidity off of the best offer, okay? That was provided here in the book in that limit order book, all right? So they took the liquidity, okay? They didn't provide it and that's why it's the aggressor, okay? They didn't wait. They crossed the spread and paid up for it to get in with a market buy. Red Dot is a market sell and that's the very basic two elements that we're showing here, all right? Now, as I zoom out though, well, let's zoom back in because I wanna show you that every single transaction here is recorded. Okay, as I zoom in here, we can see that it's all broken down into really every single market event, okay? But note how as I zoom back out, I'm gonna, you know, book map records this or aggregates that dot into a bigger dot, okay? And it gives us the volume here, okay? So for that bigger dot, this is actually constitutes 148 contracts, all right? So quite a bit here. Whereas this little dot here is just one, okay? That was one lot that traded here. That was it. And you can see that the bigger dot refers to the more trading here, okay? If I bring up the dot size, you can see that a little clearer, okay? So that's it. But we can read this now to our benefit, okay? And start to understand microstructure and how the volume's trading within that microstructure, okay? Those are those two elements, okay? However, there's one more element that's pretty critical here to understand. And that is the auction, the dome here, okay? And as I detailed earlier, that dome that's a problem with it being here in your traditional depth of market window because once these numbers change, that data is lost, okay? Instead here, we can see what's going on, okay? Is S5 a broker like dormant trading? Yeah, just, Edson, I would say just reach out to them. They'll be, they're great guys. They'll be happy to help you over there, okay? So just go to S5trading.com or it's something like that or maybe it's stage5trading.com. Anyway, you'll find it. All right, so anyway, we're noticing, we noticed this earlier. Look at all of this absorption here and we were starting to look for this kind of snapback that was gonna occur here. Well, here it is, okay? We're getting it and in a big way here, all right? So this was, why did I think that this was gonna happen, right? Well, just because they're absorbing all of this, okay? It's gonna take all of that selling pressure and finally, what's gonna happen here is there can only be so many sellers if they continue to absorb here on the best bid. Well, then buyers are gonna step in on the other side and start to move this higher, okay? And we can see that as we were breaking down here very quickly, we've come back right back up very quickly, just the same, okay? We wanna understand this data. It's really important and it leads to understanding these kinds of reversals here, for example, or at least this squeeze to the upside. All right, guys, we'll go through more detail here in the Advanced Order Flow webinar. I pasted it in there for you. Here it is again, if you came in late. So we'll see you over there in just a few minutes, okay? All right, thanks, guys, bye-bye.