 Okay, welcome to the bookmap education. We're gonna go through the bookmap platform details here. Risk disclaimer, trading equities in futures involves substantial risk of loss. It's not suitable for all investors. Past performance is not indicative of future results. We'll go to bookmap.com and show you, just give you a very quick tour of it. There is a free trial of the software. It's 14 days and it gives you access to a lot of the resources, educational resources for bookmap. One in particular is the advanced order flow webinar that starts in about a half hour. There is an educational course as well. So this webinar here is designed to cover. So for example, let's go to our YouTube page here. The features and components. What is bookmap showing you? And what are some of the features and components of bookmap? Once we've covered a lot of that and there is a lot to cover, there are a lot of features and components. And once we've covered that, then we go into the order flow analysis. And a lot of those, a lot of that analysis is very similar to these video, order flow video snippets that you see here. It's phenomena that bookmap can uncover. And if you want to get an understanding of some of those phenomena, then watch some of these videos here. You can also come down here and watch some of the selected webinars we have that if you wanna peek into the advanced analysis, so you get a feel for what those are like. I think tomorrow I'll send out the link if you attend the webinar here, I'll send the link out to you so you can attend the 11 a.m. advanced analysis as well. So you get just a peek into it so you know what you're getting into with bookmap, all right? But please keep your questions for the platform in this webinar here, okay? All right, you can also follow us here on Twitter. Let me get to the website, okay? So go to bookmap.com, we'll click on explore. Intro videos are here, and there's continue to scroll down, and you just get an overview of what bookmap is, okay? Benefits, et cetera, some of our partners here, and continue on, and connectivity, okay? You will need a data provider. These are the ways that bookmap connects, okay? We are a software platform, we are not a data provider. Okay, so here's where you can give bookmap a try, okay? It's under the pricing tab. Let's just click on that, okay? And there's the basic in the advanced, and then there's quant, okay? To be honest, there's one version of bookmap, it's the basic. The differences between these other offerings are the features, all right? So there's 49 per month build quarterly, 99 per month build quarterly for the advanced, the difference between these two, the ability to trade right from the chart, okay? The one-click trading, the end these proprietary add-on indicators that we put together. This is very specific to the, for bookmap and order flow, since we can show the historical limit order book, very precisely, now you'll be able to have advanced analysis of that as well with the advanced version, okay? Quant features, you can see some of them, connect your own data, proprietary indicators, order queue estimation, and API connectivity, just to name a few, okay? So let's take a look here at bookmap and what is it showing? In fact, let's see here, we're demoing some trading activity earlier, I wanna take that off, whoops. So we don't get, we wanna show that, we just don't wanna show this, okay? That looks good, okay? And let's make the sub chart, there is an indicator panel here, okay? I'm not gonna go over it in this webinar, we'll look at it in the advanced if you have questions about it. It's a CVD indicator sub chart here, the cumulative volume delta, okay? A lot of traders like to look at that in context with the order flow, okay? All right, so let's look at, well, we've been looking at the NASDAQ, it's been moving, we've been looking at oil, S&P starting to move a little bit, but let's stick with NASDAQ I guess and take a look at what's going on. We had some news earlier, the ADP employment report, obviously tomorrow's the big day, we have non-farm and employment data. All right, so let's drill in here and what is book map showing, okay? So there looks like it is a lot of data here. It's actually really straightforward and simple. It's even simpler than a candlestick chart, okay? Because there is no derivative here of time, price, or volume. All of that is just plotted here very, very objectively on the chart, all right? So let me, I'll go through the demo here and we're actually gonna start with a candlestick chart even though it is a little more complex to be honest and we're gonna take off all the layers of information here and then we're gonna add them back on and I'll show you what book map is really a displaying here. All right, okay, so candlestick chart. Why this is more complex is open, high, low, close of a specific trading period, all right? And we actually have a lack of transparency here with the candlestick chart. We have no idea what happened within this candle, okay, in any of these candles. We don't know where the traders are lined up to bid an offer. We have no clue where the volume actually took place. We just know, we can see here at the 930 open, there's a lot of volume, okay? There always is every day and you can see the reaction to this. However, we don't know where that volume took place, okay? Was it down here? Was it up here? Was it in the middle? We need transparency into that to make more informed trading decisions and book map will solve that. Very simply, we're gonna, we're just gonna add on the best bid and offer, okay? And what this is gonna allow us to do is immediately see microstructural areas within this candlestick chart, okay? So see, William, you have a question here. Is it possible to get a daily report of the previous day's range and actual range on book map? What you can do, William, is you can, it's actually a really nice feature here. You can add a new, just right-click in a column here. Okay, and this window pops up here for the different kinds of data to show. Let's choose notes and let's choose a custom notes column. Okay? And I've opened up or changed the data type here to a notes or custom notes column. And then I can click here and just left-click and I can add a custom note, all right? And let's give it a style here. It's already shows a style. You can also have enable notifications, okay? Alerts to pop up and let's click okay. And there's my note, okay? When you have an alert on it, it will also show a thin line here. So when price comes up into it, you will be alerted, okay? So we can zoom in here and, oh, I can just left-click, hold and drag and move it, okay? And then it says custom note here, all right? As I zoom in. So in terms of daily report, well, let me explain. Book map, once you open up book map, you start collecting your data, okay? So if you want previous days high, low, et cetera, best way to do it is through the custom notes. Yeah, exactly. This has actually been requested, William, and I think we are looking into it. There is a quicker way to do this than just every day do your custom notes. And that is through cloud notes, okay? So let's right-click here and we'll come down to notes and you can choose cloud notes, all right? And it looks like I'm using the one from FT71, okay? I believe this works here. Okay, if it loads, can't load, okay. I think that you are, I have to update this, but anyway, you can have a CSV, a comma separated value file on a uploaded server. And you can just input your open, high, low, close and value area, high, low, whatever it is you're looking at, you know, overnight, high, low, et cetera. And then once you update it on that file and it saves, it will update here in your cloud notes, okay? So it shouldn't take long at all. But anyway, that's what we've got. And let me turn this back to a current order book, okay? All right, so let's get back into, you have another question, check the website of, oh, John Marco Sulu, imports all of the levels from Sierra. Not sure, sounds like he's got something special set up, you know, for that to work, all right? But yeah, that's all possible. In fact, one of the, another feature here in book map is over here, you can see API add-ons configuration. Well, we have an open platform here, open architecture. It's, there's an API, it's written in Java and you can write your own custom indicators and trading strategies, okay? There are three here that chase, escape and execute. These little trading strategies, I can demo them for you if you guys are interested, but in general, they read the limit order book. They're looking for imbalances in the book. And then to, once an imbalance condition is met, you can have your order filled, all right? Okay, okay, okay, William, yeah. I'm not sure exactly how he's got it set up, but yeah, it sounds like he's got some sort of custom arrangement to have the notes come right into book map from CRHR charts, okay? I'm not really sure, probably what he has is it probably exports to a CSV file from CRHR charts, right, and once it's exported, then it's able to be read in book map and then that it'll import the cloud notes, okay? All sorts of ways of doing it. All sorts of ways of programming it yourself, so we have that open architecture available for you, okay? That's a huge feature here in book map. Okay, so I have really gone off from the presentation here, so let's get back into it. Historical best bid and offer already, if I can zoom in and look at this five minute candlestick from here to here, each vertical dotted line is a minute of data. Look at how this actually unfolded. It didn't go straight up like this, and there are micro structures in here that were broken and it auctioned higher, it accepted higher, it came back into these zones here of previous value, it continued to the upside, right? All of this kind of data here is lacking in this candle. We have no clue that this whole story unfolded here. And just looking at historical best bid and offer is part of it, right? So the, what about the volume? Where are they really committed here? That's what we wanna know and that this will give us tremendous insight to see where those traders really push the button and committed to the chart, okay? Or to the instrument. So let's turn on the volume dots, okay? And now we can see that, okay? Look at the aggressive bind here, okay? This is something that we see in the advanced all the time. This is initiated buying, okay? At a high, all right? This is a breakout, all right? And this is very indicative of the order flow in a trending environment, okay? It's actually a really good example. This is where they started to buy. You know, you see it kind of creep up here, but this is really the key right here, okay? And that would be at 6028, all right? We see more initiated buying where? Higher highs. This is what drove price upwards. Look at the pullbacks in these little areas here and look at the trading that took place very little, all right? So on the pullbacks here, we see little selling sellers are not interested, rotates higher into the value area, previous value area, and we get extension to the upside, all right? And we can see, we know that these traders are committed in this trend, all right? All of that's completely lacking in this candlestick chart. In fact, you know, we show volume here in a very particular way graphically, and it's a lot like a footprint chart, except that the footprint chart, it will aggregate this data, all right? So let me explain, or I'll just zoom into this area right here, okay? All of this kind of microstructural area here, you're just not gonna see it in a footprint chart. Why? Because it's just gonna rotate back and forth within the same candlestick or period or whatever it is, rotational period, and aggregate that data. Here, we have all of the data that has unfolded. So you're not gonna be able to really see in the footprint chart, the initiated bind here above a microstructural level. Okay, we come back down into that level, but we reject right back out of it, okay? Right here with initiated bind. Again, to a new higher high, okay? Although this is microstructural, this fits into a fractal concept here, that you'll see this again and again on higher timeframes. It's just how the market works. So now we have an understanding of the volume, and in fact, let me show you what I mean here it does not aggregate the data. If I continue to zoom in here, okay? I can continue to zoom in to see every single market event, right? We're down at microsecond level, we can continue down to nanosecond level, okay? We came from the high frequency environment, writing algos for that environment, and this is a visualization tool for that environment. If you're not trading through automated strategies like that, it doesn't matter. What we've got here is we aggregate this data just visually and graphically when we start to zoom out. So you get this overall, like this pie display here. We know there's buying and selling up here. There's more buying than selling, but we can understand that. We see what's going on here, all right? Okay. So that's the volume, and understanding that within this candlestick here gives us that level of transparency that we're really lacking here with the candle. All right, we can see a little shift in the order flow over here. I'm gonna move back down to, let's see if we get a move back down to this critical area, right? Why did we think this was a critical area? Because this is where they initiated the buying. Where did we come down to test, right? To it, okay? You're gonna see this again and again. This is the kind of transparency I'm speaking of, all right? Now, what about where they're bidding and offering? What about that data, okay? We don't have that data within this chart right now, okay? Most of us, what we'll do is we'll go to the dome, okay? And the dome here in book map is right here. It's the COB column, okay? Current order book. So you can see my depth of market, okay? Best Bid and Offer is right here. This is the depth on the offer. This is the depth on the bid. Here's my price ladder, and this window reflects the same Best Bid and Offer right here, and this is the last traded volume, okay? Now, in the dome, we can see the liquidity levels. We know where the traders are lined up to provide liquidity. Look at 22 right here, 78 contracts. It's the thickest level in the book at this time, okay? So we know that there's buyers that are willing to buy at this price level. And the, this is good information for the current condition of the market. The problem is that once this data changes and these numbers change constantly, all day long, okay? Once they change, well, that data is lost historically. You'd have to remember it. You'd have to note it down. There's all sorts of data here that you would have to note and it takes quite a bit of effort to read the dome and understand the order flow. To understand this price level, what about did they start to pull as price came down to it? Did they add to it as price came down to it? If they pulled, did they add up above or below? What about other traders? Did the front run this liquidity? All of this kind of information is pertinent to understand that the auction, okay? Look, we're down at 22 right now and they pulled, you know, some of that liquidity, okay? I'm imagining some of it traded here as well. We'll see in just a moment, okay? Because we don't know. But we can show this in book map because what we do is we take this dome data and it's transposed onto the chart historically. So let's do that, okay? And I'm gonna turn on the indicators as well. All right, so that area here at 22, this is what this auction looked like. Let's zoom in here, okay? High liquidity in the book, okay? We noted that earlier. We can use the hover or the data tip tool and it shows us here there were 81 contracts here, okay? We have the date, the time, 81 contracts on the bid at 6022 and then we have another line of data there that is showing order size of the price there and the price level. Anyway, here's what really occurred, okay? Actually, they did have intent to trade. They started to pull but you can see that we're trading into this high liquidity here, okay? So we have an answer to the traders at this price level, okay? They were interested, not 100% interested. If they were 100% interested into this price level, they would not pull. They would stay in the book and they would probably add into it as well and they may even add at higher price levels here. Well, we didn't see that, right? So the sellers took them on and we trade through this price level, okay? In fact, you can see where they pulled here and then you can see that the aggressor hit the bid and pulled price down to lower levels, okay? That's what unfolded in this auction and that's what we were witnessing as price came down through that area, okay? We know exactly what happened here, okay? So if you're looking now for sellers, maybe you're looking for a pullback, for example. Well, you have good information that we might pull back to these levels here because this is where the sellers supported price, okay? Here we come to test that area right now to 22 and let's see, okay? Did the sellers show up? No, here's our answer, okay? And if they would have shown up, we would have seen high liquidity that flipped. It would be on the bid or on the offer here, okay? And we'd see that price would come up into this area and it would absorb and we'd see it pull back to probably down to this area here, okay? We didn't get any of that, okay? So these guys, they didn't show up again in the auction. All right? Okay, now that is compared to, let's look back at this level, okay? That we looked at earlier, okay? So we were looking at this, remember, 6,028 here earlier, okay? Because this is where they initiated. Well, they provided high liquidity there as well. So when we came back down, these guys were in the book, they actually started a pull. And that's exactly where that, here's our 6,028, right here, okay? And we can start to see that they pulled, but then they added back in with higher liquidity at this area here. And then we have exhaustion basically on the seller side and look at the aggressive buying here, okay? They pulled this liquidity from this area here and we see them charge up to the upside, okay? So the buyers were still here, okay? They initiated in this area after seeing the pullback down into this area at 6,028, okay? So this is the kind of insight and clarity that we're talking about, okay? Look at this big wall of liquidity here, okay? They're absorbing on the way down, right? And we can zoom in here and we can get a feel for, well, some of it's pulled and some of it is absorbed, okay? And look at this nice flush through here, all the way down to 6,020, okay? And let's see if this area here, what kind of unfolded here, okay? Well, they started to pull as well. Interesting, interesting stuff, okay? They're pulling on both sides here and we're not, they're not actually, I mean, we see the aggressive selling here, okay? But the buyers start to take over right and this is why I was covering that microstructural areas here, okay? This little area right here, okay? This is where the buyers, they pulled up out of that area and now we're trading in a new zone, okay? And look, if we look across, we get our retest back into that area and the buyers come back in again, okay? Finally, one more retest here and then the rotation back up, all right? Okay, so let's see, a few more questions. Okay, yeah, thanks, thanks, William. So you have a WordPress, okay, so this is great. I don't know if I'm gonna be able to copy this, maybe I can. Yeah, let's try this, okay? I'm gonna insert, right click, insert a new column, right click, we're gonna go with a Cloud Notes, okay? And oh, I'm not sure exactly which, let me just go with book map here. Can I paste this in? Okay, whoops, okay, yeah, it doesn't look like I've got it set up for you, William, to show that, but you can reach out to support, we'll help you on that and get you up and running. What on the heat map indicates pulled orders? Okay, well, that's a great question. Let's take a look here, okay? So, and we can zoom in here, all right? Look at the transaction, okay? So let me use the hover over or a data tip tool. We see that the date, the time on the ask, there's 153 contracts here, okay? Then this big volume dot here for a volume of 150, okay? So these guys did not pull, right? These sellers got what they wanted and there's a little bit of latency in here, okay? Because you can see that the best bidden offer is a little bit behind. It actually occurs over here, but the trade volume is corrected. This is where the transaction took place and there was a few contracts left over, but a lot of this was absorbed here, okay? And, you know, because we have the volume and it took place within that area of high liquidity. All right? So this, now we have that answer, right? And you can see it again here, right? They're trading into that high liquidity up here and they're staying in the book at 60-22, all right? And the polled liquidity, that's really, really easy to see as well, okay? Well, yeah, I think we looked at this area here and they're absorbed. They actually, they are absorbing here. We know that, okay? We can see it, okay? But look at some of the other areas, you know, like down here, for example, this is what polled liquidity looks like. They have high liquidity here, okay? We have 72 contracts. Then they polled to 60-65 and they polled to 52 and then as price comes down into them here, they went from 52 to 38 to 42 and then, you know, it's a 20 here, all right? So that's what the polled liquidity looks like. The shades of gray get darker, okay? And then you can answer that question if these guys really wanted to trade. Was this real liquidity? And the answer is no, because they do not have the intent to trade, okay? So now you can look at this limit order book and you can understand the intent of the traders where most traders out there who trade off of the dome will say like, well, I don't really look too much at the limit order book because a lot of that liquidity is fake. I think that I've just demoed that we can make a distinction between liquidity that is fake or not, okay? And it gives tremendous insight to the order flow in the auction and the intent of those traders at those price levels, all right? All right, guys, I've gone over the time. Let's call it a day and we'll see you tomorrow same time. And I'll hand out the link tomorrow for you guys for the advanced analysis webinar. So I'm gonna skip over to that right now and start that one up and you can get a peek into that tomorrow, okay? All right, thanks, guys. Okay, bye-bye.