 Okay, good morning traders and welcome to the book map all markets webinar. This is Bruce at book map We're gonna we're gonna go through the live forward-looking order flow analysis with book map here and Try to get understanding or insights order flow analysis from the order book and the heat map in book map as well as the transactions and understand this context between the The aggressor volume, which is the market buy-and-sell orders and the order book. This is what it's all about within the context of the Structure market structure. So let's go through the disclosures first and then we'll jump in general disclosure All book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice No recommendations risk disclosure trading futures equities and digital currencies involve substantial risk of loss It is not suitable for all investors past performance is not necessarily indicative of future results. All right Let's jump in we're looking at the S&P E-mini here interesting morning here and Just traded up into this high liquidity here That had been in the order book for a while here since 6 a.m. Or even before you can see over here This is the kind of insight that you can get you can understand why the market is stopping up here because there's high liquidity up here, right, so Really some really nice moves here in the morning, you know, take a look at this from 9 30 cash open the move down To lows down here below the swing here, and this is the swing low for the overnight And then look at the buyers come in All right now this is what we want to look at this liquidity and also this liquidity down here And we're trying to get an understanding in context between that and the aggressors in here Well, the aggressors, you know, they they traded up into this liquidity up in here in the pre-market They came in and pounded it to the downside. They never came and tested this 42 10 And then buyers came in right so and the buyers came in and lifted it up into this 42 20 now, let's take a look at the bigger picture and what what exactly is going on in here And the bigger picture is really simple We have a gap. Hey, this is where the market gap down from Friday On the 15 minute chart here the hour in the center and then on the left-hand side is the daily Hey, so The we're looking for this this gap filter. Look at this strong Candle here, okay on on higher volume than the previous candle at the open Here, so you can start to understand now You know, what's going on in kind of a bigger picture? Okay, now you can take this understanding and relate it to book map Okay, so a lot of traders up here getting filled limit sell orders getting filled and Maybe we maybe we can still go higher. Maybe we can hit the figure Maybe we can hit this liquidity here. How are we gonna know what we're gonna read the order flow within it And start to understand now look at this order book flip from high liquidity up here as a target on the offer is Now on the bid down here a little bit lower around this 42 37 area So we're watching that We're watching this structure in here. It's very sideways structure right now in this moment You can see that just barely made a higher high here made a little bit high lower high here and You know, it's very much Sideways in here. So well, let's see what's gonna happen. Liquidity is here These are where the buyers are do the sellers want to trade with these buyers down here That's the context we want to read Okay, and then if they do then what? Hey, we're gonna go through the scenarios to understand and we're gonna go through what we think the order flow is gonna look like And this is where we can get insight Okay, so let's just say we're not gonna do anything until we see one of these scenarios And we'll take a look here. So first off, we're looking at this range in here okay, and Now the scenario we're looking for on the downside is We're looking for big green. I'm sorry big red dots to start to trade into this liquidity here Okay, and then we want to see what happens there Right at that point we want to see in fact, let me just let me mark them here in the future So this is what we're looking for Okay, and then if that does unfold Then we want to see what happens down at this 37 level because we have high liquidity down there now the scenario after that Transacts is we want to look at the order book and we also want to look at the The volume maybe because maybe maybe there's there's we trade into these buyers here But there's still more aggressive sellers that are willing to trade it down to 30 Right, so or maybe we trade down into here Maybe a little bit lower here. We see trapped sellers Market pulls away very quickly and comes back up and then maybe we'll get some green buyers Green dots up in here a big green dots and then they will lift that market higher All right, so that's one of the one or two of these scenarios in here at this level down here Okay, so we don't see it down there yet. We haven't seen any of these play out yet So let's just see though looks like it. We're getting some sellers here now All right, so let's see if can they continue now Can they continue and hit the bid into this 37 liquidity? Okay, now what else do we have on our side here? And this is really important Understand what you have on your side. You do have high liquidity. That's on the on the Offer up in these areas up here 43 to 44. Hey, that's good right, so We're looking for this to repel buyers not attract them Okay, so we trade into 37 All right, so we're just read this on the fly here And now we just had high liquidity here I'm gonna have to clear these drawings guys. Sorry about that. Hold on and Here's what happened here now something changed and shifted right. We're looking for liquidity down here High liquidity just came in here. Hey, just right here. Okay It's one player in fact that had the majority of this with our large lot tracker So over 200 of these contract 231 contracts in here is one individual actor and look at the sellers trade into it and Let's see. Did they trade all of it? So it was 231 Okay, and let's see exactly what transacted here Yeah, yeah, it looks like it all transacted in here some something like that Okay, so Yeah Pretty pretty close to it. Now. What is the reaction after that? Okay? this is where we had an order book in balance and a skew and We saw it flash very quickly. We needed to zoom in here So we were looking for that scenario to unfold down to here and this liquidity Well, it happened here instead and we did we got our answer in here buyers started to stream in Okay, so once we see those by the reaction to that liquidity in that area in here We're looking for the buyers to come in and try to test previous swings in previous areas of high liquidity up in here And that's exactly what it's done All right, so now we've traded into a high liquidity on the other side up in here Okay, so now we want to read and understand and go through another scenario up in here And start to understand. Let me add stops and icebergs I had them off because I want to go over the market pulse with you guys again. Good morning. Good morning, Deborah All right All right, here we go again. Here's high liquidity here It just transacted now look though. There seems to be we'll see This is gonna be trapped or not if we get buyers back up above it Okay, so high liquidity again on the bid, but this time look how it's a little different here, right compared to over here So now they traded into it, but there's still more selling pressure It will see we're gonna see right here If if there truly is more selling pressure or not doesn't doesn't look like it actually looks like the buyers are willing to trade Into these guys here and there we go. There's our answer now Okay, so now now we see that there is more buying pressure And now we're looking for these areas to trade and maybe up to 47 here as well Okay buyers, let's see it and looking for this move into that high liquidity there And let's see if we can get a breakout here Okay, if we don't Let's go through the next scenario in here. Okay, the next scenario would be under here red dots Okay, and then down into these other previous swings down here This market to dump down into maybe 30 37 Okay, so here. This was scenario one It was what we're looking for this to break out and maybe break into 47 maybe 50 here as well Okay, we're seeing the buying starting to mount. Let's see if they can continue here Okay, I'm looking for a quick move in here and probably a pretty big stop run up into this 47 Okay, now read read the read the quality of the buying up in here over here. It looks pretty good We know it's a big stop run to But it's starting to wane a little bit, right? We're not seeing the buying that we saw over in this area in here And and we did make a higher high here but that's Not on a whole lot here Okay, we're still seeing buyers and they were able to lift it now. They should be able to lift it to 47 Hey, because we've seen again buyers interest up in here So we had buyers and then it started to wane a little bit came back down now. We're finding buyers again They should be able to lift it up into 47. Hey, we have the bid as well showing here at 44 some interest and Interesting seller we found some supply here. Hey, let's see if we can get one more attack here by that buy side And I think this this kind of looks like just a large player coming in and dumping it here, but I will see We know they're still buying pressure up in here So we're going to see if like the sellers in here trying trying to drive it away from that area or not You only learn support and resistance Ali what we're going over is order flow around specific order Support and resistance areas and you know, you can take your support and resistance and it's really more supply and demand to be honest Okay, because you can see it in the heat map here Okay, and that could be good enough strategy for you right there If you've learned that and you want to make this like a higher probability outcome start to understand where the limit buy and sell orders are in the relationship of the The The aggressors in here so here here, let's take okay So this this failed up in here that the sellers were able to drive it away here We're probably gonna get some buying off of this area down here. Why well This is the the the market structure of this would be your support, right? What does the support look like? Well here look right here, right? So we're getting a bit of a bounce here Now let's see if we get more buyers in here right now and lift it up into resistance, which would be up here around 45 Now if we can get up there to 45 as well, I know there's buyers up in here I'm still looking for the move up into 47 now at this point I'd be looking for a bigger move up into maybe 50 at this point And here's why because there's more sellers trapped down in here That fuel to move up into a higher area Okay, so what that's what I'd be looking for All right, so there's your support and resistance a nice example right there In terms of trading strategy Well, you might want to take some off up here. There's some see some of this liquidity up here Well, take some off You know if you got involved in it down here around 40 you just made a five-point move Protect some of that profit you can always get back in if you're looking for maybe a flag pattern out of this on continuation on up and Let's see it buyers. Let's see it and shit. We should have a massive a stop run up in here That's another thing Ali that we're talking about we're Integrating other things like stop run, which we just just unfolded here the big stop run. We were just anticipating Unfolded here Hey, we have icebergs in here starting to start starting to sell. So we're getting a little some market dynamics up in here Okay in the in the order flow Look at the bid still supporting underneath at a higher level here Okay at two different levels here and we're finding buyers Okay, I'm still looking for this to go higher Okay, beautiful stop run. We have a lot of icebergs on the other other side though. Look at this dynamic in here between the Larger players using iceberg orders in the stop run here with the smaller players using stop loss orders Good stuff Okay, so this is another thing like talking about simple support and resistance and looking at much more depth and understanding in here with this Relationship of these are actual stops stop orders here. Okay, that is fact Okay, we know that from the MBO bundle. These are iceberg transactions. We know that this is fact Okay, this is a great thing to be able to understand this dynamic people getting stopped out smaller players they using stop losses are getting stopped out where large larger players are are accumulating or Distributing I guess like They're they're They're selling up in here. So is it profit-taking or are they accumulating for a position here? We don't really know that we just know that there's a lot of iceberg transactions in here Okay, about 1500 All right, let's see it here. We got to Kind of a dip down to this area here We could look for some really nice trap volume here if we get those buyers to come in here They come now. Let's see these buyers now lift it up into our 50 level And this is why we covered the for like a week we covered the Trapped volume And it should be a part of your setups Okay, understanding where maybe like sellers here, then these are not stops here. These are sellers new sellers here There's not many stop orders in here transacting And so we're looking for these guys to be trapped and then buyers to come in Okay, so again, this is another kind of trap here now. We're looking for those buyers up here Okay, now we're looking for the stop run again up into here and Nope Not yet Okay, well that scenario hasn't unfolded, you know, we did we get buyers up in here? No, we didn't Okay, that's what we're looking for that. We need to get the buyers up in here. We got exhaustion here in fact Okay, now it's looking much better now. Let's see if we get buyers up in here at 47 If we do we should get them move up into 50 And this is a this is lots of nice trap volume in here We just need buyers to squeeze them Okay, and then we can get our short squeeze Here we go. Let's see it. Let's see it buyers. Let's see the squeeze Let's see the order book and balance are pulling up here a bit They're adding on the bid here a bit. We're getting some buyers not quite enough not quite enough. We need more than that and Let's see the move here Looking for it It's a beautiful squeeze if we can get it here. It's looking really good One thing we still don't have too much. It's starting to show a little bit There we go was the order book on the on our side underneath in here, but it's starting to show now Okay, and there we go. There's our squeeze. That's exactly what we wanted. All right, so now we've hit the figure And then I would be taking some profit there. All right, so Yeah, anyway, let's take a look at the bigger picture and see what's kind of going on in here Okay, so we still have momentum here. So still looking for this to go a bit higher here Maybe up to about 55 Okay, so some nice momentum now the gap has filled and it's still still going higher though so in fact Ali like We're gonna go over I Think in much more detail very soon more on support and resistance Okay, because it is precisely because of what you mentioned here. You've only learned support and resistance. That's great. That's enough So You know, we're gonna add in a whole bunch of other Confluences or correlations to make your support and resistance a really much much higher Probability in terms of working out by understanding the order flow around those areas And that's precisely why we want to cover or of support resistance in the near future Okay, it's not some sort of whiz bang thing that we have to invent you know if you're if you're a volume profile trader great, you know use use that but You know understanding, you know, just simple technical analysis in here and understanding though why it works or why it fails Is what you're gonna get insight from in the order flow? Okay See here Rob, let's see. I'm looking over in discord guys over in discord Yeah, the see if you can get that volume pressure Rob. That's the the one That I covered on Friday, and I just want to stick stick with that at the moment. Good morning, Dan I'll reach out to you later Dan after the webinar the Yeah, I want to show you here like just The price change can work as well. I mean we haven't really played around with it But this is this is why I was really, you know, kind of Covering again and again at the The market polls volume pressure because it was so it's such a clean and simple idea To to understand in terms of backtesting And in fact it relates very much to support and resistance Yeah, again, so support and resistance has been kind of a theme today Guys, this is why I'd like to take that profit up into the figure up here now It's you know, I'm actually still looking for this to go higher But look at all that high liquidity. They even added more in there. See it's how it's read in here So I'm looking to take take some off there or you know exit completely and look for another setup for it going higher All right, and we're not looking for too much now 55 I think we look at some of the swings in here or it's not really a swing But it's this kind of area in here where it broke down from Right. It looks like a pretty pretty good area to retest So we got up to 52 and a quarter. It looks like okay, so just so still looking for a little bit higher here We have good momentum Look at the green bar big green bar here and and last couple are starting to slow down a little bit, but Nonetheless Oh, we can see them in here. So still looking for this these buyers to try to take this higher Okay. Now that said What we that's that bigger picture now we got to look at this this You know lower time frame in here and start to understand what might happen Okay, now did we get the buyer? We got it. We just made a higher high in here I don't see any I see back and forth in here Hey, there are some buyers in here, but there's some heavy selling in here now Okay, now look at look at the sellers in here below this range in here and they're starting to move it away Okay, so they retested down here to where these buyers came in Hey, we haven't come back down to the bottom of this range yet All right, so it's things are starting to kind of slow down up in up in these areas in here and for good reason We know there's high liquidity in here getting filled right, so All right, let's uh Let me let me clear the drawings here If there's any questions happy to go through and if you need more clarification on Some of these scenarios that we outlined and why we were looking for this move up into these areas here now It wasn't so easy it there was some hiccups in here This this liquidity in here that traded what we saw earlier on the bid That high liquidity and and we saw it trade through it here. It was right here, right? We were looking for the move down into 37. No, we had an order book and balance very high liquidity here sellers took them on But they weren't able to trade through right so we're looking for the next areas up in here to trade Okay, these guys pulled still going higher. This is why hindsight is so easy That's why we do it in real time Right because we if we can kind of read this in real time We can look for these scenarios to unfold And so yeah, we had some back and forth in here and Finally the We after some of these big big pullbacks in here trading down to this area here. This is where we're like, okay All right buyers failed in here. We know a larger player came in here and dropped it pretty quickly They were able to push the market down into this 40 area here And then we hit this liquidity in here then we started to outline the move back up To top of the range or somewhat this liquidity here and then 47 and then we liked 50 at that point Because we know that there's gonna be a lot of sellers in here trapped And now we had to come back and you know have this kind of big big pullback here, but again Right to pretty nice area in here where those buyers emerged out of that little range right there and moved it up Okay, now we have something a little different here. See you see where these buyers came in here and and moved it Sellers are now below it. Okay, so they have taken control of this area onward Okay, and we can even draw a line or a rectangle across that buyers still tried usually we see that the retest right to the top of this 48 area And then we see the sellers start to come in and now they're driving the market Okay, so looks like that that move we were looking for up in the 55 is We still may get it, but the sellers are driving the market right now Okay, so they're they're moving it and yeah, I'm looking for you know some of this Liquidity down in some of these areas and these swings in here All right, so this is what I want to show Rob and what I talked about on Friday in detail And I think it is very worthy And valid in here right so you should have access Rob to you can look at volume pressure or volume pressure and balance and then let's look at the ES okay, and Yep, that's it. All right, here's our little market pulse widget And this is what I just loved about it Rob. I mean it was like, you know, if we go back and back test It is critical you have to you have to have an edge you have to build an edge You have to know that you have an edge because that's all you got and then you look for a trade so Yeah market pulse is nice to have Paul I agree. Good morning trading for a living morning art Hello from Singapore. All right Sonic DJ and And Debra when you say traders are buying into liquidity aren't those orders above? Yeah, what I mean when typically when I say So a lot of selling just came in here, okay, so into this liquidity here Okay, we knew sellers are driving the market after this point here, right? We can even look at this point as well Okay, so now Let's watch this here Okay, this could be this is gonna probably be a really big stop run down into here Now again, we can go through another scenario here. We know sellers are driving the market, but let's go through the counter You know scenario here It would be that we'd be looking for the buyers back up above this area here where it just broke down from Okay, we have high liquidity in here and then we're looking for you know our buyers back up above it And that's our trap Okay, now. This is what we want to look at in terms of putting a strategy together now This is why Rob. I really wanted to focus on this because it's so simple for backtesting reasons Just look at some of these peaks in here. Okay volume pressure sell off into high liquidity here Right now we can look at does this work as some sort of Putting it into a plan backtesting it and starting to gain insight because we have a very simple line here That we're looking at you can see another one here And then well, this is on both sides. So we're not getting too much insight there Okay, but this one's good because we don't see it on the buy side Right. So is this a capitulation stop run? And then can we get buyers back up above here above 40? Right. So when you start to see these things you can you can start to look for You know Understanding. Wow. Okay. Here's my line. Now. What happened around these areas in here and do I see a Potential trade the opposite opposite direction Right now. No, you don't This is what we're looking for in this scenario Buying into the 50 level. Yes, Deborah. Those prices are Yeah, I'm sorry Deborah. Yeah, so up in here. I got distracted Yes, these are limit sell orders and they these are the aggressors trading into it the the green dots are the market buys Yeah, I'm sorry if I said that this is buying the quiddity That was incorrect Okay, yeah, these are this is definitely selling liquidity up here All right, so let's just go back in so we'll do a little bit of hindsight in here and try to get some insight How do how do kind of back test maybe And and look at You know gaining some insight in here. Well, this this is this is Rob, it was actually The comment earlier from Ali about a support resistance Okay, so take a look at it here Here we know this is support. Okay, we know that there's supply or there's demand here as well All right, so now we're looking for is down at these levels in here. We're looking for this kind of Selling or capitulation in here sellers trying to drive it and then we're looking for buyers to come in on the other side Right pretty much just like this Okay, here's our market pulse reading here And then we know we're also in an uptrend And we know that there's still momentum in this in this market to the upside Hey based off of our higher time frame in here Hey, so what we want to read is down at these support levels We're looking for maybe an extreme move on volume here And then for it to be trapped and then snatched away here by the buyers Okay, there's a good example Right, it would be even better if we had another market pulse reading here And we almost did it almost made the 70% threshold Okay, so It'd be great if it did then we'd be looking for the move back up into this liquidity here and then you know This is how you can start to look at your trading plan. No, here's another one down in here There's one here as well Hey, so this one didn't work out It was at the bottom of this very small range here sellers took it lower. This one looks pretty good Okay, I think this is one we're looking at earlier. Yeah So down into into this area in here. Here's our market pulse Okay, support and resistance or market structure is what we've been calling it not support and resistance Market structure We're down at kind of the the bottom of the range in here would have been great if it came down a little bit a little bit further here It didn't and then we got our buyers coming in and then look what look where to take profit here in the trend Okay, up into these areas up in here. Now it went higher, right? But it did a deep pull back here again. It so start to look at these areas in here and You can start to you know, very very much like Start to outline a very simple plan and now I just I just wanted to cover that example and Creating a very simple plan so that you can start to understand how to build back test and That that was just the it's like a baby step now where to where to make your plan much much deeper and You know Optimize it, you know to a much higher degree is start to add some some more confluences in here And this is just one and that's why it's not a very good one. It's a very simple and clean example You know looking at this here, but now you're gonna start to put in you know additional information Are we in an uptrend? How do I how do I buy dips in an uptrend? Well, this is this is a good idea Okay Where do I exit? Okay, so look at high liquidity. Did it trade into high liquidity and do I get this market pull sign? Sounding off or you know hitting that threshold up in here And that's not bad You know, you can start to put that into your plan. Was there high liquidity down here that transacted on the bid? Hey, so You know, did we go below the swing here? Are they trapped? Are we gonna get a stop run? Into here and do we get a stop run into here? This is another confluence to add and you could just add your stops in here. Clearly got a stop run up in here All right, so that might be a good area to consider taking some profit up into the stop run up into the high liquidity here because you know that this this Volume in here Looks like a lot of stops. Okay, so there might be a pullback after that And then there might be continuation Hey So here's our look at this guys. So here's our other scenario in here. Hey, we were way early here But this is what we're looking for Hey, I'm just gonna take these here in fact And just move them across Can I add One at a time here and then here's our line. All right, let's just do this All right, so that scenario played out Okay, pretty pretty good. All right now So so do you do you understand Rob? Like How how we can start to understand like all right? Well, here's our market pulse reading and then We can look for the the buyers here on the other side and now we're looking for again market pulse reading here and Also high liquidity Starting we're starting to ping here a little bit Okay, well, let's look over here. Now. Do we have anything? We have a swing here that makes sense, you know, but the liquidity is up higher The there there is a level here of interest It's right here Hey, but if you can kind of go you can just kind of go across like that All right, but it's just a level. I don't really see I kind of like to see this swing up here instead or Maybe where it dropped from and we have high liquidity here at 50 So I like that better. So maybe I'd hold And look to take my profit up into here, right? So this would be your entry down in here Knowing what you're looking for in terms of the trap volume knowing that this this capitulation here or this selling into high liquidity in here And then you're holding and then taking your profit up into here Okay, so you can hear it in the market pulse volume pressure right now And in YouTube you won't be able to hear it in discord Okay, now now it's starting to wane right so I would take my profit Okay So because I know that it came really close up in here But I'm not finding enough buyers to hit 50 They started it to if you go back and watch listen to the recording. You'll hear it Right, okay, that gave some pretty good insight. So I would have been out here Right. So I gave up a tick or two But that's it Hey, now it might be a pullback and we might come back up and break through Right, but I didn't hear us trying to or you know buyers coming in to try to lift this in fact It really kind of stopped here. So if there's no more buyers, I'm not looking for it to go higher. All right Let's see if that made sense Rob. Let's see Corny slow down Or any Stephen Stan on Excellent, okay. Oh, yeah, Stan and Others in here. Hold on a minute here Yeah, how do you back test Rob? I sent you something from it was FT 71 that he had years ago On how to back test They just have to keep it really really simple You know open an Excel spreadsheet and you know start to measure things We'll cover it soon Yeah, yeah, so We'll cover it soon Rob. I mean but I would suggest you know Watching that FT 71 video again like he you know very very simply goes through it and it's it's What's good about it here? This is something that Jay trader does is he he'll go through um the Well, I mean his plans originally like he's he's back tested for years And he has All this data that he collected by hand So he really knows It's very different than back testing by it by by a machine Okay, because by a machine like you're you're going to get the data But you're really not going to be able to understand the nuances that you actually can see here in book map Okay, and and those nuances make all the difference Right, if he knows that you know, he's got a his moving average pullback and plan I mean or maybe it's a vwap or you know, whatever it might be Let's put vwap on here In fact, let's anchor the vwap off of this swing down here and let's see what it looks like Okay, so We're gonna reset it here There we go, right. So maybe you're looking at anchored vwaps for example You know, this is why a lot of traders use indicators is because they just want that clarity in that simplicity And that's why I wanted to show this one here All right, so now Uh, yeah, you can use your vwap as well Uh, whatever so that can also let's suppose we come down here We hear market pulse and it's hitting vwap and there's high liquidity here. Boom. There you go Now you you've got you've got something Right It it's um, don't worry about don't worry about rob. Uh, just just get um do get started Uh, and uh, take something very very simple Uh for your back testing Yeah, you want to build you want to build an edge and that edge it doesn't matter if it's 51 percent. That's an edge I mean a lot of the a lot of the uh, uh casinos have very very small edges Hey, but they have an edge All right trading you can have a lot higher edge, which is pretty amazing All right, so here we go. Let's go through this one here Right now, you know, we're going through all sorts of setups in here All right, and that's what we're doing in all in the all markets, uh webinar here So that you can understand and put this together here. Here's our vwap. What else do we have down here? Like what else are we gonna lean on down here? Right, what what kind of players do we have on our side here? Well, look at the order book starting to show a little bit Of interest here, but they're down below What about the swing? Well, we just went and tested the swing here So would I be interested in doing this right now? No, not really I would not be buying off of this. I would be buying maybe down here in these areas Okay, or if I see high liquidity over in this area and I start to hear maybe Market pulse on the buy side in here You know on the on these little up swings in here, maybe I'd be looking to sell To trade down to this area here No, if you if you think that the the the order flows kind of shifting over here Uh, and you see more sellers than buyers Okay, if you see high liquidity at these lower levels, uh, and um Uh, you're um You're looking for sellers to continue Well, you know, you'd be looking at these little areas in here potentially little pockets in here to sell to sell down to here Okay, there's some exhaustion right there Hey, there's high liquidity here at 48. It's nothing. This is nothing great. We're just talking through it here Now we have some buyers back up here. Okay, so that kind of negates it. It's like, um, it can auction up here Okay, now let's see. Do we forget our sellers here? Yeah, this is it's not high probability. This is just something it's it's kind of sloppy and and back and forth in this area here All right, we're looking for something specific So here we go again back up here Found more buyers at a higher area still auctioning here guys, so anyway, uh outlining a different Uh potential strategies here to look for Okay, now let's let's see if those sellers come in now to try to reach down to here 43 and a half Okay So look there's our we're starting to hear our market polls. Okay top of the range For market polls into high liquidity here Okay All right, so now we can go through this scenario in here. Okay, so What the the market polls is sounding off here? What else do we have? Okay Well, the high liquidity is up in here. We don't have much Hey looking for our sellers maybe here at 48 And trade it right back down to 46 or maybe maybe the VWAP this time Okay, the anchored VWAP No, still still more buyers So more buyers up to 50 All right. Well, so I would have missed this this move here Uh, I was looking for the move into maybe this liquidity down here Saw the sellers starting to come in Looking for them to move it down here and then maybe through VWAP and then back over VWAP Still more buyers in here interesting Quite a few order books skew as well Okay, there's our sellers So this is another thing Rob I like you need to go get access to the the algos for for market polls I'm sorry. I I gave you access, but I guess it's still not working for you somehow So you have to reach out to support but Anyway the What I wanted to cover here was that if you guys Are interested in this market polls tool And you are um Part of the bookmap academy you'll get it for free All right, so or bookmap junior academy or even an applicant to the academy I want to cover this here because we're going to meet on Uh this wednesday at market close. Okay 4 p.m. East coast time All right, so that we're seeing those sellers come in now. They should be able to hit a bit lower Yeah We're just watching it really closely here like I I don't like this kind of activity in here I'm still looking for sellers to drop it here But now we're hitting the VWAP anchored anchored VWAP And um, and we're our market polls is sounding off here So again the scenario would be what if we can get back up above here? On the buy side All right, well then we'd look for a nice move back up into this kind of area up in here More sellers good good Okay, through it and let's see if we get our buyers back over over here on this side All right. All right buyers this should probably be enough Let's see one more retest back up here and then let's see them try to lift it back up into 47 or Uh up to the swing here 48 and a half or maybe up into the bigger swing up here around 50 Okay, now both sides are pinging here. All right, so this is turning into a battleground in here All right, so now I'm looking for the sellers to stop and I'm looking for the buyers to continue here Okay, now dried up, right? okay, so According to this then you take some profit in here Right here at like your 46 and three quarters Okay, because you're looking for this move to work Uh, and uh, we're waiting for the more and more buyers in here. No, we're not hearing it. We're out Rob, but here's an here's another way like we'll go over this, but uh, I just thought this market pulse was so clean and clear It's not as clean and clear today Um, but boy it was the other day. Um, it's still pretty good I mean, we're still getting like these extreme readings up at the highs of the ranges or the bottoms of the ranges on the sell side Right, there's no question about that. You can see it here Right, it's still doing it And it's still giving clarity. Uh, but it just seemed clearer the other day. Uh, we're getting kind of both readings in here as well Uh, you can do the same thing with anything though Uh, if you want to look at your cumulative volume delta, for example, or your stops or whatever Okay, so here here's how you'd put how you'd study this using cumulative volume delta Okay, is is back testing in here Is all right. Well, you're looking for divergence, right down at the bottom of the range in here If you if you're looking to trade it back into the range in here You're looking for divergences So you're looking at the bottom edge of this range here Uh, and then you what you you're looking for in book map is to put the pieces together First off, you want to see divergence now you have divergence here, but you made also a lower A higher low here. So it it doesn't really count right, so, uh Uh, you would you'd have to take this one out of the study. All right, so what about what about this one up in here top of the range Okay, and do you have divergence? Not really Yeah, not not really. I'm not really seeing much Anyway, look at look at your extremes and then also look at the order book match these match these ideas with the order book All right, so let's uh, let's see here if we can Try to find an example a better example with the divergence or you know, either positive or negative Here in cvd, uh, or some or maybe just momentum. Uh, it doesn't matter. Um, we're looking for something to, um combine The cumulative volume delta simple line in the sub chart here to um The the range is in here Okay, so this is turning into momentum here At least cumulative volume delta now Now we might start to see some Some interesting readings up here. Now we're getting quite a bit of volume in here. Let me see what my settings is settings are seven I'm sorry, uh five minutes and ten. This is this is the regular, um A default values here Okay, so now we're starting to maybe we'll see some divergence here. Let's let's see Okay, so we're some back and forth in here a lot of buying here a lot of selling Are there are there more buyers back up here again? Well, it it's almost made an equal high here It's just not enough here to to really you know, put it together Now it is making uh lower highs here, but it also it didn't it's making a lower high here as well We want something a little bit clearer Okay, maybe we'll get it here. Maybe we'll get our stop run here All right, so now we're starting to see something interesting Up here, we just made a higher high on cumulative volume delta And we we made an equal high here in price Okay, so it's not a signal right now, but we've noticed that So what does that potentially mean? It means that up in here There's high liquidity We haven't traded into it even though we had lots of buyers here Okay, now we still may right so You know, we're just we're we're waiting and watching here We're looking for a scenario for this cumulative volume delta and that scenario would be this Red dot here Okay, right here All right, here we go. All right, so now we're looking for because we have more buyers up into this liquidity here We're looking for trying to drive away from that area now Right up in here And we're looking for the sellers to start to come in They we're not getting it yet Not getting it is still making higher highs, but it's making kind of an equal high here It's still more buying it means there's more buying pressure in here. That's that's what this means I mean it's very very simply however price is not able to really go higher So there must be some absorption up in here as well Okay, so that's why we're looking for sellers now Okay, and then once we get our sellers we can even look a little bit higher now on the sell side Here at 50 Okay, looking for a big red dot And to pull this market down And that would be your diversions play And then looking for where all right. Well, you know, you can look at a swing here or swing here Or maybe back to VWAP now if you're a volume profile guy and you you'd like Your you know high volume nodes or something like that. Well, then then this 4750 looks like a pretty good area It's a at the bottom of the range as well All right, so that's what you'd be looking for then And let's see if those sellers can now come in and drive they need to drive it away from all of this area up in here And quickly too That's how you get these really really fast moves and then and then you just chops for a while Okay, I'm still looking for it 4750 And maybe maybe lower maybe uh down to that anchored VWAP we have at 4650 or so Okay, well the idea didn't pan out All right, so you would have been You could have uh, you could have taken some profit here at the first one that we drew up before it hit And then the second one here, I would look for the second one and I would have been stopped out of break even on this The idea didn't work I was looking for more sellers. We had our reasons for it. We had a high liquidity uh, and uh, we also had um The the potential trap in here. We just did not get enough big red dots in here Aggressive sellers should try to drive it to these lower areas here Here we go again though. It's still possible. It's in play It did make a higher high here, but uh, we still see some divergence Now we have some more sellers here too. That's good What else do we have on our side here? Okay, so we still have our diversion. We have another divergence play now and it's not the not the greatest but uh, it's It's there And well, we don't have much on our side here. We have high liquidity up in these areas here and then Down in here around 48 or so And let's take a look at our bigger picture too Okay, so we were looking for this area in here and we boy, we spent the whole webinar basically Uh, and we still haven't gotten to that 55 area that we were kind of looking for Okay, we're just retesting the highs right now This 52 50 area here. Yeah, here's your divergence. No no question No question uh, what we have here is um, here's your swing high and cvd And then here's a higher high Look at look at this. There's look all this selling in here Uh, it has made cvd a much lower high here. All right. So now we have something here in cvd Hey, what do we have? What else do we have here? Well, we have the order book now on our side Okay, we have this high liquidity in here now the one the one thing that I would I would um This I've seen this is why I actually don't like cvd very much Is because if there are buyers up in here, they're going to rip through it and we're going to get a big stop run All right, and these these are all trap sellers in here. We're trying to lean on these sellers for cvd to give us insight And it just doesn't matter Um, this is why like we want to understand the trap more than we want to understand the cvd reading And so um now now this you know, we can get a beautiful stop run and a rip rip higher up into 55 here And this should be pretty quick too. Um, uh, so Uh, and let's see there's there's there's stops. Yeah, there's our stop run Okay Right, so it was these sellers in here in cvd that are on the hook Now we can still look at this though and uh Now we know there's a stop run Okay, and we're looking for that move a bit higher here And now do we have any reasons we're looking for now sell side? Okay after a stop run Uh, and then uh, wow, we see obviously the the cvd has has bolstered here just due to the uh Uh, the stops and then now now our sellers come in Yeah, that this would have been kind of hard to to to capture. I think uh This is just not enough selling in here for me Um to to look for it to hit down into these lower areas in here Okay, and look at this selling in here Okay, look at the dots And it did it nonetheless, but Now the dynamic in here is way as far much More complex than what we're looking at earlier Okay, we're looking at a really simple cvd play here And well, this is what happened All right, it happens all the time This is one of the reasons I just don't I don't trust cvd Uh, I'm I want to understand this dynamic and we're gonna want to understand this But I'm just trying to make it simple so that we can walk away with something and make it into a plan Basically that that's it Hey, Malak. You got your subscription back. Excellent Oh, yeah, go go sign up for the academy. Absolutely. Um, let me um Oh, thanks Dan Dan put the academy link in there guys Let me uh, let me go through this here because I'm I'm really excited about this We've done one of these meetings before it was it went great Uh, we're doing another one this wednesday uh, and um Yeah, let me show you here, uh, what it's all about. So first off The book map academy program, uh, if you're not in it, you need to sign up for it Okay, and uh, you need to have book map, uh, but uh, uh, this is what the the academy plan is all about We want to offer, um, like coaching and mentoring to you Uh, as well as like, uh, for you to start to dig in and create content and document and journalize your trades If you can do that consistently Then we you can be on the path to getting book map for free and a lot more Right, so we're sharing a piece of the pie here Uh, and we want you to be better traders So elevate your skills in here come in here. This is how it works Uh, you there's a book map academy and a junior academy The first step is to apply to the junior academy Uh, and uh, start creating some content and we'll take a look at it Uh, and uh, we'll we will review it. That's what we're going to do. Um on on wednesday. We're going to review Uh, some of the uh, uh, book map junior academy content Uh, and we're also going to announce some of the, um, Traders that made it up into the academy level here All right, so this these are the steps. Uh, this is how you you sign up you scroll down to the bottom here Uh, and you can sign up right here All right, so um Anyway, the steps are are pretty straightforward Uh start creating some content Uh, journalize your trades, uh, we will take a look at them, uh, and we'll see we'll give you feedback on them You know, we'll look at this a little bit more than that, you know We gave uh, steven some feedback last time about uh, uh, it was overly complex Uh, and uh, that that doesn't help Right, so this is why we're going over exactly today as well like really simple things To understand to put into a cohesive plan Anyway, uh, that's the kind of feedback we want to give you Uh, and you can be networked here with other like-minded traders You're going to get access to pre-released add-ons and we're, um Uh, following through on that, um Promise right now Hey, we're going to give you the, um These new algos to the market polls tool Okay, so Free access to some of these add-ons All right now, uh, if you can if you get invited you basically you'll be invited and it's invite only to the book map junior academy This is now you've made you've crossed you've you've uh, gave us your application You've you've shown interest by documenting some of your trades And then we need to evaluate is it is it good? Is it good stuff? Can we give you good feedback? Can you get better? If you if you can you'll be invited to the book map junior academy And then that's the proving ground basically If you you need to make a quota of uh Very very simple. It's just one piece of content per day, but uh, and you have to be very consistent And it has to be quality now that there's a quantitative and qualitative So that the quantitative is one one a day and the qualitative is um Uh, you know, it has to be of quality And there are many examples to take a look at Okay, so here just just right now Uh, I can show you one uh in in the book map uh one in the the chat room for this webinar here Here stands Look at look at stands uh content in here. It's excellent Right. He's uh, he goes through and he he says sellers convicted conviction to go lower Uh lower conviction or low conviction to go lower here. He's noticing that he's marking it up He's marking up the the uh, look there look at the volume here Okay, so uh, you can even see he's taking positions in here as well Okay, so he's now he's looking for this follow-through to the upside look at they're adding liquidity underneath here Uh on the um on the bid Okay, great. He's looking for this to go higher Right, so and then he's got a few other images in here As well, but uh it all follows through So, you know, then then here's his entry and here's his stop loss that he moved up You can see what he did here Right, it's it's fantastic And we're hearing again market pulse reading here So this is where he got in and then you can see this is where a stop loss and take profit were and then he widened them out widened them out Okay, so he he moved them He moved it way way up above here, but then his stop loss he moved up to here and he got stopped out So we had a small winner in here fantastic job All right So, uh, anyway, that's uh, we get feedback on this kind of content stan has made it to the book map academy level All right, what do you get at academy? Let me show you So at this point You've made it into book map academy. You've made the quota threshold and its quality Quality content and you've you've made your your threshold in the quantity as well So we will invite you to book map academy here And you continue to do the same thing and you can get book map for free If you continue on you can get to step three Which is what we're going to go through on wednesday at market close There's there'll be coaches. They're going to give you some feedback on your content All right, and if you do really well there as a coach you'll get Well, if you're invited to be a coach you can get your market data for free as well as well as book map for free and and add-ons right and then If you do well here as a coach and you continue to make excellent content And you're helping others will help more by becoming a streamer here And there's other incentives you get everything else, but you'll even get other incentives in here uh to become a streamer and There's three book map academy members who have become streamers tom b Moby and dug okay dug plus All right, so some great stuff there All right guys interesting really interesting moves here continues to like screech higher here And we're going to see stop runs all the way up and we do so anyway high liquidity up in here At 58 and looking for a bit of a pullback now That's that's a lot of buying in here and the markets do need a little bit of a rest after something like that Okay, so we do we get a we get a slight pullback here We went above our 57 area here or 55 area here All right, so it's it's done the move we're looking for And I would look for a pullback in here All right, and then maybe back down to you know something like Uh 45 or so something like that now We still have a lot of momentum in here as you can see Okay, so maybe we need to come maybe we need to cut back up and above these wicks up in here around this 42 70 area here And all all of these wicks in here. This is where we found sellers earlier that made it drop Hey, are they going to defend it? All right, our buyer's going to attack it All right, and that's what we want to read in the order flow And buyers are definitely attacking it And we're back up here again And not much of a pullback at all Okay, again, we do have some diversions in here. It's not much One of the one of the things you can note in here about the cumulative volume delta as well as using this market pulse in here Is uh You know understanding the relationship within the trend Okay, if you're in an uptrend In cumulative volume delta, you're not necessarily looking for divergence up in here You're looking for it on the on the swing lows here Okay, so you're looking for for some sort of deeper insight, you know Because the divergence Divergences work really well in the ranges, but on the trend Uh, you know, you're looking at the the bottom edges here on the in the uptrend And and then trying to get some sort of insight And it's kind of hard to say in here. I mean Kind of squint at it in here. I guess here here you have one Uh, that's not bad Right and that could you could have taken it up to the top of the range and can try to continue to hold it for a Bigger move here. You would have been stopped out, but you're looking for it to continue here because you're in a trend And and this is this is where you'd be looking for it I would be getting in somewhere around here to be honest. I would wait for these buyers to come back in Uh, but uh, this is the idea with cumulative volume delta is the swings Hey, the swing low is here Okay, and then all of this buying in here And there's a little bit of selling in here. There's more buyers in cumulative volume delta here Right, so that's where you're this is just a quick pullback and you're looking for buyers to come back in All right All right, let's see here any more questions get to these questions here. Um, so, uh Yeah, let me get back to this uh Bookmap academy in here. So again You're all invited to come on uh on wednesday, uh, but Uh, if you're interested in partaking, uh in in the program then, um Sign up here. Okay, and apply for the bookmap junior academy here Uh, and then the next step is you'll come into discord Uh, and then the discord uh here. Let me show you where it is Okay, so you will go to Uh, it's up above here It's going to be in this room here. Uh, well, it's going to be in the voice channel room here But you need to come in here after you apply you need to come in here Uh, and then you you'll request you see danza doing a great job here um And uh, and and giving you guys your your spreadsheets. So we And why we we request this here? It's necessary. You have to uh, is we need to capture your um, your email from the, uh um application here on the website And we also need to capture your discord username in here So that's why we have you come in here is step two of the process request your Uh spreadsheet in here and we'll give it to you All right, and uh, uh, send it to you. Uh, and then start filling it out Okay, pretty pretty simple stuff Uh, and uh now we'll have the meeting here also in discord. So that's What we have planned Wow, this continues to go higher. This is uh Been pretty strong here. All right, so let's take a look at our bigger picture here Yeah, we're getting there Okay, 70 is I think what we called it the swing higher is around 69 or 70. So, you know, maybe around this kind of 60 67 to 70 would be the uh the swings. I mean heck it might be strong enough to make it up to here today We don't know Right. We just we're trying to read it in here and understand it. We read the gap fill. We're looking for that Uh, and then we're looking for um This next level up here around 55 and then some back and forth in here. Uh, we're looking for some sellers and You know, maybe pull back to this vwap in here, which actually uh worked out pretty nicely in here Um And then we started looking at cumulative volume of delta, etc So anyway guys, this is uh, uh, what we're gonna we're gonna meet on wednesday. We're gonna give you, um Uh market pulse For the book map academy for uh for for the beta period Uh to try it out and see if you like it and create some content off of it Uh, you'll get like extra consideration if you make content off of the uh Uh market pulse tool Hey, because we can give you we can give you some insight on that Uh, which we want to build out. So that's the reason for that um the um, we're gonna announce a few book map junior academy members Uh or upgrade to book map junior academy Uh, and uh, and we're gonna go over some of the content in there as well All right, and and give you some uh some feedback and coaching, uh, and we can also open the the mic Uh for those of you who um We're covering if you want to explain anything that you uh saw in your image Okay, that you wanted to go into more detail Another thing too, we're going to have our strategies and setups page Uh, i'm going to announce that that's going to be on wednesday. Well, it'll be it'll be launched, uh, but uh Yeah, anyway, uh We'll go more into that. Um, I think in the meeting as well So a lot of a lot of kind of news events in the meeting as well All right, so if you want to become part of the community and in this book map academy, uh, join up It's a it's really uh Basically a win-win for you if you want to become a better trader and document your trades Uh, we're willing to give you feedback and willing to give you book map Uh and a lot more if you are interested All right, we want to build good traders. That's what That's what we're here for that's why we go through these uh these webinars in here Uh, and uh, you know, we want to uh, we want to onboard you Uh and become a really good trader All right documenting your trades is the there's the step in the direction Journalizing Building an edge that we've been talking about that. Let's take a look at we haven't looked at our our market pulse Uh in here Okay, so uh You know building an edge by using some of these tools in here Yeah, looking for these sellers to come in right now and hit down into here Right, just uh, just down into this swing here and I want to hear market pulse Hit it Okay, there's a move into it I don't hear market pulse. I don't it's kind of quiet right now Looking for sellers. Let's see if they can hit 56 liquidity down here All right, let's see if do they turn into a trap Well, it's pretty quiet right now And this is the london closed too right or Or is it not I'm not sure when the daylight savings time ends And then we have that kind of strange period where uh london is an An hour ahead or behind Compared to the us until we catch up Uh, yannis. Oh, thanks. Hi, louise. Yeah. Um Yeah, you should be able to um No, it should be a malik. It should be at 11 30 then but sometimes it's um an hour later I'm not sure uh dan could help out on that one. He's he's in uh In britain ostila vista and barbie Welcome All right, uh johnny. No at 40 42 53. Sorry like uh, I didn't I'm just reading your comments now. Um Yeah, I thought 55 just just here Here's why like looking at simple market structures in here One of the structure we always kind of look at in here is is like this one right in here Hold on um, you can you can see kind of if you draw your your line across here, right? um So this would be similar to This right here and this is why I said 55 Okay, does that make sense Here again, it's uh, this this area here All right, uh, and we've we've gone through it Uh, and now we're playing with these kinds of swings up in here And now i'm kind of looking for this next one here. That's why i'm not looking at 53 I think you were looking maybe at this little swing right here, right? Probably uh, the the kind of high of the day for that that it was 50 Or it was 40 42 52. I believe Yeah, and a half or something like that So no, I was that's why I was looking for this one up. Just just market structure Uh, what about like, you know, you can look at the hour. Well the hour of the swings way up here You know, so you're looking at 42 94 Uh, you know some somewhere around up in there And you know, we may get there, uh, but Yeah, I'm just looking for uh some of these moves in these smaller time frames up into these areas here Yeah, yeah, so yeah, and again answering your question 42 70 ish area 68 to 70 or something like that That would be some of the next levels Yeah, uh, yannis will we're gonna have in this Setups and strategies section here. Uh, we're gonna go through or order entries as well Okay, so you found the dome confusing. Yeah, that's why like we really like book map is uh Uh is taking the dome data and putting it on through the chart So you don't have to read the dome You can just read the heat map the graphically here. It's much much easier Right, you know that then the dome here because you see high liquidity coming in here You know, it is going to be in the dome Ah the 28th. Okay. Yep. Thanks, Dan Ah Floyd scene of the crime. Yeah, that's a scene of the crime is a FT 71 uh terminology Meaning that that that's something to happen there before and you get a return back to that area where it happened before So like breakouts, you know a lot of times you get a return back to where it broke out from All right guys. Well, let's uh We'll continue on tomorrow. I'm uh, we'll go through more of this again And uh, I'll go into a little more detail for market polls because a lot of you guys in the academy You're gonna have access to this tool. So let's open it up in in uh in the discussion tomorrow for this market pulse tool Uh, and then look for edges again Building an edge using this tool And reading the order flow and then on wednesday. We'll have the academy meeting All right, so uh sign up if you're interested or come and attend Uh, and um It'll be on our discord channel. All right. I just sent out an email earlier today about it as well Okay, so you should have gotten that if you're uh, you're signed up Uh, yeah, exactly. Uh, thanks, Dan the the learning center. Uh, you should find very very, uh helpful Um for if you have any questions about book map, let me show you where you can go for that Just go to book map.com click on the more button and go to learning center here. Okay in here uh the Getting connected to data here how to learn learn how to use book map getting started Uh, it will be very helpful for you. This this is going through the the features and components of book map It's a course. Uh, as you can see when you click on here adding a symbol navigating through a chart Uh, you know, but this is about using book map Now if we go back here, uh, market mechanics course, this is about the markets Hey, this is a course about uh, market mechanics in here and understanding what makes markets move and how to uh Or how to read book map within these kinds of moves in here Is vitally important to understand this Hey, this is a very different kind of education than you can get from Other other areas Uh, they're going to go through candlestick patterns and whatnot. Um, this is this is how the markets actually work and move This is the mechanics of it. All right, so that's why we have that Course go through that course and then there's other uh Areas in here to check out as well as our all our different streamers as you can see in here Uh, and then our calendar here calendar of events All right, which I need to add in here is the book map academy meeting All right guys. Yep. Thanks for coming everybody We'll wrap it up and we'll continue on tomorrow and kind of get you geared up for the academy meeting and Get you all you all should be getting access to That market pulse tool So that you can you can check it out and start play around and try to build an edge for yourself All right a very very simple edge Uh, and that could be a really good starting point Okay. Yeah, thanks everybody and we'll catch up with you Uh tomorrow same time. Take care