 Okay, welcome to the bookmap platform details webinar for Friday risk disclaimer trading equities and futures involve substantial risk of loss And cryptocurrencies as well. So that's the new offering here They all involve substantial risk of loss and are not suitable for all investors past performance is not necessarily indicative of future results For more information go to bookmap.com There's a free 14-day trial of the of the platform. It comes along with education So you get access as well to the educational course. It's a four-part series And then there are there is access to the advanced order flow webinars Okay, and those are immediately following this webinar at 11 Eastern time so The idea here and the concept is 14 days of the trial of the platform Okay become educated in these platform at details webinars And then become educated in understanding order flow Through the educational course and how bookmap helps you understand order flow And then the advanced on a live webinars go through and support the educational Content that's in the course But in the live markets, so we practice what we preach there are other educational resources as well and If any questions reach us at support at book map calm Okay, go through the The website here you can see that a new offering for the digital currencies as you can see here We'll just scroll down a little bit. There's an intro video here a bit further down Information about book map. This is for the free this free webinar here They platform details webinar and I'm going to update this after today's webinar, so you'll be able to register again Just going through the basic benefits here Button here for trying book map some testimonials the book map for equities. Okay, so it's not just for futures Nor just equities now. It's also for crypto currencies our digital currencies But this is a really nice data feed that we've been offering now. It's not through us. It's through DX feed or dev experts just Really good feed you can read about the advantages here and you get the NASDAQ total view But this is all us equities. Okay, so it will include Those equity us equities that are traded at the New York Stock Exchange, etc right a bit further down Connectivity alright, so this is important. We are a software platform. We are not a data provider You will need data Connection to the markets in order to run book map in the live environment You can see that there are some other platforms here as well like Ninja trader TTX trader pro And interactive brokers trader workstation. Okay, we also connect via the API of these three platforms However, we are a platform just as they are So you can connect directly with CQG rhythmic gain IQ feed transact and then the dev experts I mentioned here for NASDAQ total view All right and digital currencies Well, that will wait until that version 7 comes out. I'll be demoing version 7 But the offering there for the digital currencies and what kind of data feed it is etc. All right, we'll go through that When we launched that which should be in mid-January here Okay, a bit further down. This is the free trial. Okay that I mentioned 14-day free trial for book map basic advanced Or quants you can reach out to us here for your own proprietary needs Book map basic is 49 per month The book map advances 99 per month. Okay, they are both or each build a quarterly You get that 14-day trial period and the differences between the two Are the add-ons? Okay add-on features here. So one is the ability to trade right from the book map chart It's quite a nice advantage because you can see the liquidity map in front of you and therefore react to the That liquidity Instead of just kind of blindly placing your orders So for example front-run high liquidity if you want to look for a higher probability of getting filled or Hide your stops behind areas of high liquidity to protect that stop just a bit more than If you didn't have that heat map there All right large lot tracker iceberg detector. It's not not only these proprietary indicators that we've developed I give you insight to Order flow in in the order book. We're starting to identify larger players and so the Who's holding a large amount of liquidity at specific price levels or who's getting filled with hidden orders? using icebergs and We also have some volume in book and balance Indicators in a correlation tracker. Okay, if if you don't have a data feed You can click here and get a trial of a data feed and then also subscribe or Do the trial here for for book map. So add these two together and you'll be able to Basically have a 14 days a free free data and free book map Just so you can check it out and see if this is the direction you want to go If you can't decide which plan you want you can click here for the complete comparison list Okay All right social media you can follow us here at a book map underscore pro Okay, latest up-to-date information or you can also Subscribe to our YouTube page and just briefly go through it all sorts of content here. So the YouTube page I would recommend starting here with the intro videos. You can click on the playlist right here Okay, and then maybe watch some of the features and components playlist here and then a bit further down these video snippets These are the Concepts in the order flow that we go through in the advanced analysis webinar In detail. So you get these very concise videos that go through the concept and illustrate one aspect Trying to be very clear and concise and then So this is kind of a quick way to start to understand order flow And how book map displays it or gives you kind of a advantage through the visualization That phenomena that you really can't see otherwise. So anyway, those are Watch some of these videos as well. And I think that you'll find them helpful All right, let's take a look at book map and what's going on. Okay, and this is a Bitcoin actually So and this is a Bitcoin. This is going to be for the New version. This is book map 7 and you can see the colored heat map here that we have but I'll cover maybe if unless you guys want to look at some of the digital currencies we can do that I have also Ethereum But the main point I want to make here is this offering here with G-DAX. It's going to be through the G-DAX exchange It's quite nice. You can see that the market right now is one tick wide here and there is plenty of liquidity All right, I'm looking at the the dome here There are 29 coins at this price level. Okay of Basically 16,000 so there are you know hundreds of thousands of dollars of liquidity at these price levels So there's plenty of liquidity and And plus the spreads are like I said one tick wide in a lot of cases. So anyway, that's a G-DAX And let's jump into NASDAQ and take a look at what's going on there You can see the let's just zoom out a little bit here Well, here's our 930 open. You see the volume really picks up now. We've got these new sliders here so I can actually bring down the Dot size quite a bit okay All right now it looks like There is a lot of activity going on in this chart Okay, and I just want to mention here We're going to simplify this because it's really very straightforward market data that is being displayed here It's just being displayed in a very unique and original way that gives you insight That's rather difficult to see in other charts and I'll demo that for you. So there's just three elements here The first element is historical best bid and offer. Okay, there's there's no aggregation here in bars or candles And then you see these dots here These are these are transactions on the historical best bid and offer and then you can see this heat map here All right, so it Starts off as kind of a darker gray and it goes to blue then white and yellow then orange Orange is the highest area of liquidity what we've done here in the heat map is record the The order book the depth of market and then projected onto the chart historically so you can see exactly where the liquidity lies Okay So that's it those are the three elements here now you can see the way we have this is a new indicator here Actually, I'm going to turn that off And I'm going to turn off a whole bunch of other data here, and we're just going to look at a candlestick for the moment here and And then that is it Okay, just to simplify things Okay, and let me clear all of these drawings here Just a moment here. Whoops. It's not the right one This one There we go. Okay, so just to clarify here. What exactly you're looking at In book map and come to compare it to so we have a reference here Okay, so here's a five-minute candlestick chart Okay, we all know open high-low close of a period here the bars the wicks etc And you know we can start to read the buying and selling pressure in some of these areas but at best this is kind of An art form or speculation looking at some of these these patterns in the candles. Well, we really we really don't know and There's just a lack of clarity here for all sorts of reasons the number one reason or the first reason is That this is aggregated data. Okay within a time period. Okay now you might be looking at an aggregated period with volume bars that's not time-based or range bars Ranko bars Rotational bars it doesn't matter. It's still aggregated data. Okay. Now the nice thing about aggregation is that it's easier to plot and look At higher time frames However, there's all sorts of data here that we just don't see And that's that's a problem with the aggregation And the way that book map very simply and easily Solves that issue is by just showing historical best bid and offer. That's it. So here we go The red line here is this historical best offer and the green is the historical best bid Okay, now we're starting to see without aggregation all sorts of price activity and action within those that five minute period okay, so Let's zoom in here and I can see a breakout right down here Okay, and this is what occurred. Okay, we actually broke down here traded down below this this area around Was it here looks like a 6623 and then We went we we actually accepted down below Okay, and then we broke out above again. Okay, that's what occurred within all of this range here Right and candlesticks showing a little bit of that range but what we want to see though is This kind of microstructural data and We can see one of them here within this five minute period Okay, it broke out kind of went sideways for a bit and then it broke up again Okay, and then it came back down and tested again Okay, where did it test to where it was down here where it broke out from All right, here it is. This is the first retest. This is a second retest. You can also see a third one you know later here in You know about ten minutes later, I guess or something like that So This kind of microstructural data is lost in the candlestick chart. We just don't see it Okay, and that's the kind of clarity. I'm speaking of when we're just Comparing historical best-bidden offer and all-price activity compared to aggregation. Okay, but that's not it That's just the first first step here And it's the first piece of data that we're showing here in the bookmap chart. The second piece Is the volume. Okay. Now. There's no volume on this candlestick chart We have a sub chart of volume, but this is Really really opaque at best We have no idea where the volume actually traded on the candlestick We have no idea when exactly it traded and we have No clue to the the size in in those specific areas and the type Okay of trader aggressive buying or selling. Okay, all of that is just it's just not in this chart okay, and Bookmap will easily display that by just showing these volume dots. Okay, and let's bring up the size of the dots a little bit Okay, so the dots here are volume that traded on the chart Okay on the historical best-bidden offer so we know precisely where the volume traded and We know what type it is a green dot is market buy red is market sell and the We know when the location and we also have it and this is key We have it within the microstructure Okay, so this little breakout area here We want to understand what kind of volume and how much traded up in this area within the candlestick Okay, and bookmap is telling us this All right in here In fact at this point we can just probably take the candlestick off And and get some more insight here. Okay nice cluster of volume trading up in these areas here Also here start to start to note it here. All right, and this is where We're putting all the all the pieces together with structure and and just volume Look down here. Okay. Where is all that selling? We need to see big red dots down in these areas here if we're gonna get price discovery further to the downside Okay, well, we don't get that. In fact, we were making structurally we're making a higher low And and then we make a higher higher high just just barely here Come back into the range, but then that it retests here and then continues to the upside right so All sorts of activity that we're able to start to piece together that gives us a much more holistic view Of the marketplace and these are only two elements on the chart Okay, there is that third element, which is the heat map Okay, and then we're gonna see Where they're bidding and offering not just Transacting here on the chart and that's that shown in the heat map now We usually Look at that data and digest it with a dome the depth of market Okay, and here is the doleman book map this C O B column all right We can see that there's that, you know liquidity here on the on the bid liquidity here on the offer and That's that's the that's the market being made. This is the auction that's going on at this point I know this is historical here because We kind of reviewing back in time here We can go go back to the current market here. Okay, this is the live market, right? So to the right of this vertical white line here What we're looking at in this window is the the current best bid and offer All right, and this number is the last traded volume Here's our price ladder and then this current order book here Well, here's our best bid and offer here, and then you can see that the liquidity here on the On the offer and the liquidity here on the bid Okay, these are traders lining up providing liquidity at these price levels Okay, they want to be buyers down here They want to be sellers up here and we can very easily spot Areas of high liquidity like 153 contracts up here at 39 Okay on the on the offer. I'm on the bid. They're down here around this 6629 area Okay, we see we can see the we have a graphical representation in this column as well That's just giving me bars and I have numeric value here in this COB column Okay, it's just by right clicking in here and formatting it differently that you can get those different Configurations, you know if you want to look at bars only bars and numbers or just numbers only right Okay, so this is good. This is a good view. All right We we know where there's the high liquidity And in in the market right now. Let's zoom in a little bit more and just get a little more detail here We have the historical best bid and offer that gives us the microstructure right and we also have the Volume the transactions in that microstructure. All right, so not bad You know, we're seeing quite quite a bit, but the problem with this view here is in the dome is only giving us the current market right and that's lacking transparency here because when these numbers update and change It we don't know what was there before okay, and So we we can't see how they were behaving over time unless you memorize these areas All right, and bookmap solves that issue by recording it. Okay in the heat map All right, so if I turn on the heat map here Now we can see these areas of high liquidity In this window with the best bid and offer are given a graphical representation Okay, high liquidity is in this case is this orange color Less a little less is this yellow color and then here's the scaling here as you can see in the heat map So from dark gray for very low liquidity on up to blue is higher White higher then yellow and then the highest is this orange color All right. Now. There's another setting here as well with this colored heat map in version 7 and we can look at red as Being the highest It gives even more insight Okay, I'm gonna stick with this one though. I just to kind of make it simple And But this is where we can Start to see when the numbers change here in the dome in the current market They'll be they'll change here with the heat map and you'll see the heat map change color Okay, and when it does though This is where we go beyond the current order book because we record the data here and project it on the chart historically So look at these two little areas here at 33 and 36 Okay, note how the the striations here in the heat map It got a little brighter here or a little more blue and then it turned white a little bit of yellow And then it got dark again. This is the adding and pulling of liquidity at this price level Okay, it's all recorded here in book map note how it just got got brighter here And then they just pulled so it went from 77 contracts down to 64 That's the the reflection here in the heat map and historical view of it Okay, all sorts of insight can be gained from this we can start to spot larger players. We can understand their behavior and We can see where longer Liquidity that seems to be real that meaning that it stays in the book and wants to trade compared to high liquidity short term that has no intent to trade And it looks like it just wants to kind of skew the order book and the auction All right, so anyway, those are that's the the historical view here of this heat map And it gives us tremendous insight. We can see where we're channeling. Why are we channeling between? this 36 and 33 area it's because that's where the liquidity is and We can see that we're channeling there and why are we starting to break out now? Well, look at them look pulling their liquidity here. We can see that behavior. So where's the target? It's right here at 37 and a half and they're starting to pull now too So actually they're gonna trade through it and we're gonna come up and we're gonna trade into and look at him at 38 and a quarter They're also pulling so 39 is now that the the the target Okay, if the market wants to find sellers, it's got to come up to 39 Right, so there it is. There's our move right up into 39 All right, so very quick move there, but you know, we saw it unfold in real time And just by simply understanding liquidity here, we're not even looking at the traded volume We just know that that's where the market needs to go in order to trade Okay, and it indeed did that Right now. We're seeing all sorts of phenomena here already. This is a flip of the order book What was on the offer has now flipped to the bid with a hundred contracts? Okay That is kind of tightening the The area here, so it looks like I mean they're pulling kind of adding and pulling and they're down a little bit lower here as well We might we may come down and retest 37. That's where we broke from just now as well, but You can understand now areas of support and resistance or just if price is going to accept above This this new this this range here into a new range and that's what that's what it seems to be doing right now Okay, it's we're getting price discovery upside up outside of that range and and still Continuing to we discover areas Okay, and this is very typical in a breakout. Okay, we see it all the time Nice breakout nice. It's now we can start to look at not only the liquidity, but the transactions Okay, this auctioned off pretty nicely here You know, this is a nice big Green dots here pulling the market up and then the same thing is occurring yet again. Okay, so this is looking good All right And where's it going to go? Well, we can start to maybe look at and zoom out and this is where you're going to find the heat map very insightful Is that now we can start to look at? Larger areas on higher time frames So we don't have to look for a scalping a tick or two or a point or two Now we can start to outline larger areas and use this historical depth of market view For those higher time frames Okay, so let's zoom vertically a little bit And well, we see that there, you know, there's quite a bit of liquidity up here around this 48 and a half area Okay, and we also have 6650 up here. Okay, so maybe we'll come up and test into that area, too All right, or we can start to also put together some technical analysis here And we want to start to view for example these You know possibilities where you know, we may be in a an evaluation price channel here and then You know, so maybe it's overvalued up here Okay, well, we can look at the order book now if this is what you you know This is a kind of a technical analysis that that you utilize. Maybe you're using the indicator. Okay? We have a an indicator here in the sub chart that shows the cumulative volume Delta Okay, and this cumulative volume Delta here. Let me just get rid of that okay Well, I mean, maybe you're looking at an overbought oversold type of evaluation and then Up with a price channel Etc. But the point is then well, let's let's zoom in and this let's look at the order flow Okay, what is the order flow telling us at this point? And that's what we want to know All right Okay, well, I mean we see some selling coming in not really not too much a little bit here But most of this is just an auction off really nicely here So maybe this is just a small pullback into higher liquidity here And then we're looking for those buyers to step in again for another round and price discovery further to the upside here Okay Note how they're just pulling here at 42 Okay, so we'll come down maybe a little bit lower here Anyway, you get the idea Oh, Jesus you you wanted to look at the the the ES liquidity, okay, let's quickly do that and then we need to jump to the the next The next webinar Let's see here. Where's the ES? Okay, do you want to look at 2729? Okay, here we are And this was a while back. I'm sorry, Jesus. I This was about 10 minutes ago. I see your question Yeah, I mean Not a lot but You know same same type of thing here is I mean you can see this kind of activity here Actually, this this kind of looks like a you know a skew of the book here in the ES Tying to maybe spoof, especially, you know, we can start to identify these players pulled the high liquidity from here added it up higher here Perhaps trying to get it up into the goal of this 2732, which looks like it was successful and Now we need to see if you know these these guys up here are still interested in selling in these areas or You know or was this a target for short term? Etc. You know, are we gonna accept or reject above these areas? All right, all right guys Well, let's call it a day and we will catch up with you guys next week And if you're signed up with the trial, we'll see you in the next video in the next webinar Okay, take care. Have a good weekend. Bye. Bye. Oh You want access to the next one, okay Yeah, we usually do that on Fridays. So let me Let me get that set up here Okay, so what look in the chat box there? Okay, and let me get it. Okay, so go ahead and click on it there and register and and we'll see you over in the The advanced or order flow analysis webinar Okay, guys. Yeah, take care. Bye. Bye