 Okay, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap, risk disclaimer, trading, futures, equities and digital currencies involve 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 bookmap.com. There is an educational course that comes along with subscribing to Bookmap, okay? So I'll go over that in just a minute. Now not only do you get the educational course along with Bookmap, so part one through four educational course that covers order flow, basic mechanics on up through strategies and structure and phenomena into the more advanced understanding of order flow, okay? And then along with that you also get access to the daily advanced order flow webinars where we don't go over the platform details, we go over the order flow, okay? What's really going on in the order flow, looking directly at Bookmap and anticipating future price movement, okay? So let's take a quick look at that website. If you just come here to the home page and then scroll down, there's an intro video, it's a couple minutes long, more information here about Bookmap and a bit further down we also connect to NASDAQ TotalView, bit further down connectivity, okay? So this is how you connect Bookmap. Now what Bookmap is, it's a visualization software trading platform, okay? So we're not a data provider. You will need your own data source for Bookmap. For now, actually with the digital currencies, it's free. That's the one distinction here with the GDAX exchange. If you can get Bookmap with free data for all digital currencies, well for GDAX, okay? All the rest though for futures or U.S. equities, you will need to provide the data, okay? Now you can see we provide or we connect to Ninja Trader, TTX Trader Pro and Interactive Brokers Traders Workstation and these are platforms, okay, just like we are, okay? But we connect via the API of these specific platforms. However, we connect directly as these platforms do as well to CQG, Rhythmic, Gain, IQ, Feed, Transact and then the Dev Expert for that U.S. equities for that NASDAQ TotalView, alright? So that's Bookmap connectivity and here we go with the pricing, understanding what it is and what you're getting here. Monthly or yearly, if you click on this you'll see you get a 20% discount. There's two versions that you can see, digital and global. There's the digital free, no credit card details are required. You only get access to one digital currency at a time, okay? So you can look at Bitcoin if you want and or Ethereum if you want. That's all you get. It is completely free and it is live, but you get limited support, you do not get access to the advanced education, you cannot trade from the chart, so there are a lot of limitations but you do get the heat map, you do get the volume and basically the core of what Bookmap is, so you can check it out for free. The digital plus here, this is for all of the digital currencies, $37 per month and what you get is up to 20 digital currencies that you can access at a time and you can record and replay the data, you get the advanced education as well and the advanced order flow webinars, you get full support, not limited support and you can also trade from the chart here with the one-click trading, okay? Now the global is everything in digital plus you get support for futures and US equities, okay? And I just went over all the ways of connecting Bookmap so you have all of that information and then global plus is the same as global but it also includes the ability to trade right from the chart and Bookmap, the one-click trading and then our host of proprietary add-on indicators that cover very specific order flow phenomena, okay? So not your typical type of indicators, for example, with Bookmap we are able to understand not only precision in the order flow, we're also able to understand the players. So for example, the large lot tracker, we're able to see larger players providing high liquidity in the limited order book, that's an advantage. You also get imbalance indicators here and another one here which is larger players, iceberg tracker which will identify larger players that are using hidden orders and then a correlation tracker as well and of course you get the advanced education, all right? Social media, you can follow us here on Twitter, all sorts of new information every day here on Twitter. You can see it's our Twitter handle here at bookmap underscore pro and you can subscribe to our YouTube page, okay? So just a little info here on the YouTube page. There's some intro videos here, there's a playlist, you can click on the headline here and the header will take you to a playlist of all the intro videos. You can also do the same here for the features and components. Here's the new Bookmap 7.0 overview, so you might want to take a look at that. And then order flow video snippets, now these very quickly and concisely go through order flow phenomena that we cover in detail in the advanced order flow webinars. So if you just wanted to understand some of the phenomena and get a quick look at it, the concept of it, you can watch some of these videos, all right? Okay, so let's take a look here, we're gonna, we'll just look at the NASDAQ and what's going on, all right? So we can see we just broke out of a pretty key area here at 6850 and right through or into this area of really high liquidity that was had a ceiling on price here as you can see, all right? So and we're continuing on up and let's see if we can get up into the 62, 63 area up here because that's where I see the high liquidity here on the offer. So what am I looking at here? Why do I think it's gonna come up to this area here? Well, that's because that's where the liquidity is, okay? Now how do I know that? Well, Bookmap is recording all of this data, so we just test it into 63 as you can see and let's take a quick look at it, okay? So that high liquidity did it trade and the answer is right here in front of us, yes it did, okay? These were sellers providing high liquidity up at this area at 63 and they traded. You can see the dots here trading right into that high liquidity. Okay, this is a concept I'll go over in just a minute but I want to first display or cover what it is you're really looking at in Bookmap here because we've got a lot of new traders in here, so we're gonna go through that. For some of you, this is gonna be a repeat but I'll try to go through it rather quickly here. Okay, so there's, if you're not accustomed to looking at Bookmap and the heat map and the dots, you probably, you know, might look overwhelming or very foreign, okay? It's actually very straightforward and objective data that is being displayed and there's only three elements here, historical best bid and offer, the volume dots that trade on that historical best bid and offer, and the heat map which is the recording of that limit order book, okay, and I'll explain that in just a minute. To cover this, let's strip away a lot of the data here and instead let's just show a candlestick chart and let's zoom out a bit, okay, it's a five minute candlestick chart and we know, we all know what that is, it's open, a high, low, and close of that five minute period, okay, and that's it, and the simplicity is the beauty of it but the problem here is that there's all sorts of data that we just don't have access to, okay, and we want that access, we want that insight and why this chart is not showing it is because it's just, it's too simplistic, it's aggregating a five minute period, so what happened between those five minutes, what happened with inside that candle, okay, we want to know that information, not only because there are microstructures within it but we want to understand where the transactions took place within microstructures within that five minute period, so let's turn on the microstructure here by simply displaying the historical best bid and offer, okay, and here we go, so now we can get a better understanding of what's going on, okay, so for example, we have no clue here, we break down below this area right here, okay, at 62 or, I'm sorry, yeah 62 or so, you can see that we kind of went sideways for a bit, okay, none of that data was captured in this candlestick, just a big red candle, and but this is important, this is important data, okay, we breached that data and we came, or that low here, this little swing, we came back up and tested again into this area, okay, and the break, so you'd be thinking, well, maybe it's starting to get green, I don't know, maybe you're interested in buying, but it would be really a false signal and the reason being is we want to understand the structure, okay, look at the microstructure here, this little high right here, we came up and tested into it but we didn't even come up high enough to test the high, okay, and when we fell off immediately, okay, we're going to see when I turn on the volume exactly what occurred here, but this is key to understand this continuation to the downside, why it did this, okay, so let's turn on those volume dots, okay, and then let's bring down the size a little bit, okay, all right, so now we can see, let's zoom in a little bit here, okay, so what's occurring within this historical best bid and offer and the volume, actually volume is, well, I mean, we do see the clusters to the downside, okay, so you look at that over here, all of these red dots, okay, this is aggressive selling, market sells, they're hitting the bid, they're taking liquidity off of the best bid, they're doing so again here and here, and we can see these clusters, okay, and actually it's kind of interesting, there are some clusters here on the, on the buy side which is not too typical, it's, you know, buyers are starting to step in here but they're really, they're going to be getting stopped out down in these lower, lower areas here, so let's take a look here, you can see the buyers do step in in some of these little areas here, okay, but let's bring up the dot size just a bit, we want to get the insight here of what's really occurring, yeah, I mean, there's some not, it's not bad, you know, some of that buying here but we come up into it's the structure that really matters here and we need to get up above this little swing up here, okay, this, you know, 53 and a quarter area somewhere around there, okay, as high as we got up here was 50, okay, it's an important figure as well, 6850, that's probably why we're seeing quite a bit of buying up underneath here, but the, what ended up occurring here, why did this break down? Well, if we zoom in a little bit further here, okay, what we start to note here is look at these little points up in this area here, okay, starting to exhaust out, we just don't see a lot of aggressive buying, okay, we do break it and you do see some buying up here, a little cluster of buying up here, which is good, you know, that bodes pretty well, however, it rejected, okay, it did not auction out above that area and it did not retest that high that was up at 53, okay, so the sellers come in and they rotate the price lower, start hitting the bid back into the range here, okay, and in fact, they take control right around this area here, okay, as we can see how this auctioned off, okay, we can see the volume dots, okay, and the sellers are in control here, okay, so now let's cover what we're looking at here, the, this is a sweep of the book, okay, we see that the sellers are in control, they continue to hit the bid and take liquidity off of the best bid, okay, as driving price lower, there's some buying that starts to creep in some of these areas here, but the sellers are in control at this point, all right, so that's usually how we break down from specific price levels, we can see a beautiful little pullback to where we broke from right here at 47, okay, and look at the buying up here, there is none, okay, this is very typical, it starts to exhaust out, we start to rotate lower again and we find more transactions and trade activity, and then we see sellers take control again here, okay, and the trend continues to the downside, all right, so we're, these are the two elements that we have on this chart at this moment, okay, we just have that historical best bid and offer and the volume, and if we zoom into these areas here, I can show you very specifically what's occurring, okay, so you can see that there were a three, a volume of three for these two transactions, okay, so this is for volume of one and this is for two, okay, you can see the dot size is a bit bigger, so that's what we're showing here, and these are the two elements, right, you're looking at the historical best bid and then the best offer here with red, okay, this is an aggressive market sell that transacted on the best bid all right, now let's add that third element to the chart and let's go to the current market for that, and we can see buyers looking, looking pretty good here as they continue to lift the offer, might be, might, might start to see some selling, yeah, okay, well anyway, let's, we'll go over in a minute, let's turn on that heat map and take a look at this, okay, so this is that third element, what do we just displaying here, okay, we are displaying the record, the recording here of the limit order book, okay, so in the dome, this is your dome here, this current order book column, right, and these numbers here, this is, these are the amount of contracts at these price levels, okay, on the offer and then on the bid, this is what is currently happening in the auction, okay, this is your current market, and we want to understand those high levels of liquidity, so we're usually where the bigger players are, and we want to understand transactions around those areas, they're important, okay, look at this guy who just came in here, okay, 120 contracts, all right, so we can look at the current book and that's really good, okay, we see that he just came in, okay, now we see he pulled, but this is the kind of detail that you don't see, all right, it's so hard to to read the dome and to understand these numbers so quickly, and it's very tedious and very taxing on your on your brain, so what we do in book map is we take these numbers and here in this window, which is the same window as this current order book column here, but it's just showing it graphically, that's all, so here's your best bid and offer, your last traded volume is the number here, okay, and then we take these areas of high liquidity, like 59 up here, and we paint it into the heat map, okay, and we see, well the guy just pulled, he's down here now at 56, with 53 contracts, okay, now he just pulled again, see how taxing that would be on your mind, obviously this is, you know, it's got to be the same player, okay, why is that, well here we can look right at it here, this player here had high liquidity here, okay, someone who's providing 61 contracts, all right, and he decides to pull at the same moment he pulls, he adds lower, okay, and then over here, at the same moment he pulls at 56, he adds higher, okay, so now not only are we recording all the liquidity, okay, but you can start to identify the specific trader, and that's going to really help you, okay, understand how they're behaving, their intent to trade in some of these areas, okay, and then what we can do is we can start to get into areas of that high liquidity and how it is behaving, okay, and how that's an advantage, okay, let's take the candlestick chart off for a moment, and we'll bring the volume dot size down, okay, so let's make a distinction between high liquidity that stays in the book and has intent to trade compared to low liquidity, or I'm sorry, high liquidity that has no intent to trade, it only stays in the book for a little bit, looking to most likely skew the auction with some sort of spoofing type of activity to maybe achieve some other goal or means, all right, so let's make that distinction, let's take a look here as we zoom out, and we'll look up at this area here, okay, all right, well we trade right into that area that we saw here in the beginning of the webinar, okay, so let's take a quick look, okay, what occurred up here, we use the hover over tool here, the data tip tool, on the ask here you can see there were 128 contracts, okay, well here's what occurred, okay, the buyers lift the offer and right into that high liquidity, okay, so you can see exactly what's trading here, okay, in fact over in our data column here for volume we have 128, so is this real liquidity and did it have intent to trade, and the answer is yes, this is what that looks like here in bookmap, okay, so you're looking for areas where larger players are staying in the book and trading, okay, this is where you're going to start to see areas of absorption and it's going to start to slow down the movement to the upside, okay, if larger players start to absorb more and more at higher levels, okay, so let's zoom out a bit more and you can see that, yes indeed we did go higher here, okay, but we start to see the, you know, it doesn't quite charge up into these areas like it did here in this example, okay, we also see it here, okay, and they also absorb some here as well, okay, we know that, that's fact, okay, so you can see I'm starting to use this limit order book or this recording of the dome on much higher time frames and I'm starting to understand these areas and put it into perspective and that helps my trading, okay, so I know that larger players are staying in the book, I know that they are absorbing, okay, now it, you know, we're still in an uptrend, okay, until we're not, in fact we retest back here to basically where we broke from and we continue on up to the upside, but look at the breakout to the upside here compared to over here, okay, we can see that the breakout to the upside is pretty minimal, in fact we go up a little bit higher, okay, and it would be nice to see one more, you know, area of high liquidity absorb, but they start to pull some of that and we basically exhaust out on the buy side, okay, so these little points here, we're starting to see less trade at some of the higher highs and then we test it three times here or more, many times here and there's just no buying, okay, so up here 46 contracts traded, it's, you know, starting to exhaust out, we're not finding buyers, some sellers will come in and they're going to rotate the price back into the middle of that range and we're going to see if they start to take control, okay, and that's exactly what they did, we start to break some of the swings here, you know, the structure and then you start to see sellers, more and more sellers starting to come in, okay, and that's what this looks like, okay, and now let's start to understand areas where they're pulling that high liquidity, okay, and did they pull here and the answer is no, you can see them, they stayed here and some of it traded into it, so we have 26 contracts that traded, okay, we rotate back up though and we continue on down, so some of it was pulled, some of it traded, and we want to, we want to gauge though, you know, where they're willing to trade or not, okay, and yeah, I'm trying to find that example of where they start to pull here, this is kind of a combo as well, I mean you can still see some of that liquidity, a lot of it pulls here, okay, 55, down to 48, down to 44, down to 37 and some's trading into that area though, okay, so some of it's trading, some of it's pulled, find a better example of them pulling liquidity, I mean, you know, we can see it all over the chart, I mean, I just want to find a better example when price really comes down to it, they pull, you can see them pulling here, but they've been adding and pulling here for a while, okay, so where's a better example, okay, well here, okay, so did these guys trade, okay, both of these players here, 51 contracts followed by 58 contracts up above, okay, here's what pulled liquidity looks like, okay, they pull the area here in the heat map, starts to go darker, okay, as we trade up into that area, so they don't want to be buy or they don't want to be sellers up here, okay, that's what that looks like, so what occurs, we basically exhaust out on that buy side and we start to rotate to the downside again, we get one more kind of hit to the high here and then sellers come in, okay, so the point I'm trying to cover here is you're able to use this dome on much higher time frames, okay, you're able to understand the intent of these traders due to the recording here of the of the limit order book, okay, and this is giving you a lot of insight here, okay, now some traded still, so we're seeing a little bit of both, but you know a lot of this a lot of this pulled when it's coming down into it, so they don't they don't have intent to trade, okay, anyway, let's see the webinar ends up here just now and what we do though on on Fridays is we give you the the access to the advanced order flow webinar, okay, so let me do that for you so you can get a feel for what we do in the advanced order flow webinar, a little sneak peek into it when you subscribe, all right, so here is that link, so go ahead and click on that and and come in right now to the next next webinar, we'll see you there.