 All right, good afternoon traders. This is Bruce at book map and welcome to the DX feed book map webinar here What we're going to do is go through DX feed book map looking at some US equities trading them or You know showing the one-click trading here, but really going over the advantage that you get and you can get it right away here you can get it now and through the data visualization with book map and the data coming from DX feed I'll jump right in here and and show you that advantage Okay, so risk disclaimer trading equities and futures involves substantial risk of loss and it's not suitable for all investors past performance Is not necessarily indicative of future results And let me know if you have any questions here a little bit about me My name is Bruce Pringle trader for 10 years and a variety of markets here I'm the order flow specialist here at book map and I lead the trading education Expertise in order flow and market microstructure. Okay, our Twitter handle is book map underscore pro You can also follow us on YouTube Just search for book map and you can reach out to us at support at book map calm One thing I do want to mention here. Okay, and let me show you this in just a minute here We have a upcoming webinar series here I just want to make you aware of and I'm gonna show you here with our our Twitter account At book map underscore pro. Okay here and then what I want to show here is just scroll down a little bit and This tweet here. So all of next week you're invited here to the Pro Trader webinar series. Usually we have two webinars every day at book map one for the public and then one for Subscribers okay, and we really go through the detail in the order flow in the advanced order flow one our webinar for our subscribers We won't have either next week instead. We're gonna have professional traders They will be presenting how they trade and read and integrate order flow within their trading activity Okay, so for example on Monday here on November 5th. They're all at 11 a.m. Except for Thursdays. That's at 12 30 all eastern time Okay, and we have Jay trader here. You may know who he is. He has a very nice following He's an expert trader. He's been trading for like 20 years or so and He'll be presenting on Monday how he looks at large caps Using order flow. Okay, so I'm really looking forward to this Let me go through the the lineup here and I'll give you the link so that you can you can register Okay, so Jay traders on Monday, then you can see on Tuesday Wednesday and Thursday. We have we have Walter Luis and Niels They're all excellent traders here Professional traders been trading for quite a while and using book map for quite a while the They're all futures traders. Okay, and then Friday though. We have hammer trader. Okay. Now. He's another equities trader so very interesting Method of trading he's looking at small caps. Okay dollar stocks And and from the short side. Okay, so I know Jay trader looks at a lot of that as well But that's what the hammer trader is going to be covering. Anyway, here. Let me give you the link to register You can click on it here And it'll take you to the registration page and I'll just I'm just going to put this into the chat for you Okay, and then you can register Okay, there you go. So you can click on that link and register on this page here. It'll take you to this page All right That's that let's continue on with the presentation here Okay, pretty bold statement right off the bat get a competitive advantage now just by getting the software How is that possible? Okay? Well, I'm gonna show you because the Well bookmap software is a we're able to see all market liquidity and full depth Okay, that full depth comes from DX feed and they're offering that full depth of market Visualized in the order book right and that's a definitely an advantage We're able to read in in real time and historical the micro and macro structures and then the algos and the larger players will take a look at some examples of some Larger or some of our bookmap traders if you'd like to take a look But we're gonna jump in and look at some live market analysis and we'll set some orders Okay to show you that one click trading So the goal here at the end of the webinar is for you to understand what you're looking at for example in this chart Okay, and we'll define the elements here and then some of the advantages that you get okay, so Before I get into the overview here Let's just step back and take a look at the live market because I want to show you immediately that advantage that I'm talking about here Okay, actually have Apple up here and I have the correlation tracker on I'm going to turn that off okay, and We're moving up to the upside here. Actually, we've been bullish all day long in the webinars So these these are pullbacks looking for more topside Anyway, the the advantage that you get right away. Okay. Well, how is that possible? Okay, let me show you there's actually The example is not so good here in Apple. It's not bad, but it's not so good Maybe let's look at Tesla. I saw it better here All right, so here's your advantage right off the bat Okay, here's our 930 open right here. All of this is pre-market data here All right, and let me close up some of these sub panels and just make this much easier to read here for just just a second here So bear with me. That's a point of control indicator here that blue line and this white line here is our VWAP And we also have iceberg detector on here as well. Okay, it's gonna take those off So we're looking at the basic bookmap chart here and here's your advantage. Okay. Here's the 930 open right here right in Tesla 338 or so somewhere around there Then a quick move to the downside Okay, where did it go? Well, look at the heat map here. Okay. See these striations in orange. This is high liquidity Well, it went right down into it or just just in front of it here at 335 and the sellers Weren't weren't willing to take it any lower. In fact, we rotate right back up and where do we go? Okay, right up into 340 and to 342 and to 345 Let's see this is 345 50 or so here's 347 or I'm sorry, that's 346 347 348 349 and 350 let's see 350 There's even more up here at 350. Okay, so let's zoom back a little bit here At the open you already knew these players and where they're where they want to deal Okay with high liquidity Okay, in fact, this one's pretty good right here and this one's not bad either at the open at before the open pre-market You already knew this information. Okay, there's buyers down here. They stayed in the book Okay, where are the sellers? Well, they jumped in here at 340, but this this happened after the open look at pre-market They're here at 342. Okay. It's like a magnet. Okay trade right into it. We're bullish for the day anyway From our a larger time frame Outlook looking for larger areas of liquidity to be filled on the way up here So let's see if we can make it up into this 350 area. Look at there's Almost 83,000 shares up here at 350. So we might not make it up there but You can start to understand even before the market opens Where larger players are located? Mix this into your analysis. Uh, and this is the advantage you'll get right away by using book map Okay, now reading this and putting it into context is where we're going to take this further now okay, so anyway, that's the lofty bold statement and There it is just to begin with uh, and then uh, let's get into more of the advantages here All right, so the overview of dx feed book map. Okay. What is it? Well book map is a trading platform Okay, in fact with dx feed you can trade from the chart in book map and Into a funded uh interactive brokers account okay, um We have a unique way of visualizing this data as I just demoed Okay, and don't worry if I lost you on that. Um, we'll we'll go back and we'll define the elements here Now dx feed connects book map to all us equities And that's it. No european markets just us equities It also allows you for connectivity to futures and digital currencies Okay, so in fact all in the same moment. In fact, my uh book map is connected to the futures markets I can connect to multiple brokers or multiple data providers in the futures markets As well as dx feed as well as digital currencies All right, we'll skip the poll here. How do you use the dome? um, and we'll move right into market data here Okay, so in traditional charts You're looking at about 10 of the data Hey, you're looking at executed volume You're looking at aggregated data within a periodicity. Most of us are looking at candlestick or some sort of bar chart You might be looking at point and figure chart could be range Ranko bars, whatever it is. It's still a bar. It's still a periodicity of data And there's a problem there Because that periodicity dilutes the the data that's within it Okay, so for example a five minute candlestick chart You're only getting open high low and close of a five minute period right And i'll show you the In book map how you're looking at all of the data Okay, and forget about where the volume traded etc. That's uh, Usually in a sub chart unless you're looking at a footprint chart for your You're trading. Okay, even then The way that we display the the volume is it's advantageous because Again a footprint chart. You're looking at aggregated data within a periodicity Okay, and a lot of the times in traditional charts try to make up for the difference or the or the lack of insight with indicators and indicators are actually it just clouds the the Uh, the whole environment it makes it even tougher because these are derivatives of time price and volume And those derivatives and studies You know, they're they're lagging and there's some sort of average and Maybe they're good for pullbacks, but we're trying to figure out where price is going right, uh, and With book map you get 100 of that data. Okay now you get the executed volume, but you there's no aggregated data here Is just the data The market, but then the the big distinction here is that full depth of market Okay, both current and historical and that was that heat map that I was just showing So let's just go over this pyramid here Um from the bottom of the period here. It's based on data Okay from that data we start to uh, uh inform ourselves Okay, we get information. We start to put that uh information to use uh, and we we gain knowledge Okay, and then from the knowledge, uh over time we gain wisdom Okay, it all starts with the data Okay with good data because else it's garbage in and garbage out okay, so Dx feed okay covers all us equities offers that fold up the market very low latency there's servers around the globe uh, so that uh, make sure that you're getting the price, uh quickly and um, uh consolidated Views here in just different choices that are allowed Okay, and I'll go over these later in the in the presentation, but you get nasdaq total view in last sale You can also get edgex or bats or cvoe Or you can get both of those together. Okay with a combo package of nasdaq and edgex all right Okay, so let's define some of those elements and then we're going to take a little step back here I'm not going to spend too much time on this because um We've gone through it many times in the past, but uh still there's there's new traders in here You need to you need to know what we're what we're looking at here in book map So that you can extrapolate, uh that information into the book map chart Okay So this is a regular dome here Okay, uh, you have the bid on the uh on the left side to ask on the right side This is the top of the book right here. This is current price. Okay. Here's the spread. Okay. We're looking at green mountain coffee roasters here at 24 64 on the bid On the ask we have 24 66. So we have a two point or two cent spread Right, so um, just a pretty typical market here Uh in a very typical looking dome here or level two data right You can see the depth here you can see the the size uh that there that uh the traders here on the bid where they You know the price they want to buy you're actually seeing the market maker or data provider. Uh, and um There time here as well as the um The the size that they want to trade. Okay, so these are limit orders here. Okay And this is on the ask this is where they want to sell All right, so that's that and let's compare that to book map. Okay, so top of the book right here We're looking at uh, uh, you know that that spread. Well, here it is in book map. All right So, uh, you see the the price ladder here now. We're not looking at green mountain coffee roasters We're looking at apple instead Anyway, let's just go over the concepts here. Uh, here's your price ladder And here's your best bid and offer and then here it is in the depth of market here the ccob column Okay, so we have 600 here on the bid Okay, um 600 shares that are available uh on the offer. It looks like a 107 or something like that All right, so that's that. Um, that's the top of the book in book map right here Okay, now, uh, we're looking at the depth here of Uh, you know buyers on the bid Okay, and this is what it looks like obviously in the dome and this is what it looks like in book map Okay, now we're showing a consolidated view here Okay, so if there's like 18, uh, you know 100 shares down here 18146 shares down here at 172 the figure Um, then, uh, you know, you can see it's broken up here, uh for 2463. Hey, we're consolidated all at one price level And then here's your depth on the offer or on the ask up here. Okay All right. Well, the disadvantage is here in the dome first off. There's no historical view When these numbers change and these liquidity providers poll or add more liquidity It's updated, but you don't know what it was before unless you memorize it Uh, and that's the disadvantage the um That does not allow you to read Uh algorithmic activity for example, uh, it can be hard to even track some of the larger players sometimes Uh, it's very tedious to read looking at the numbers All day long. Uh, you definitely do not see microstructure or macro macro structure And it's very difficult to to kind of put that together in your head Uh, where they're bidding where they're offering and what that structure might look like Okay, like a double bottom for example or head and shoulders or whatever it might be But why those patterns uh exist is because of the order flow and we'll get more into it here in just a second The advantage is the book map. It's all graphical Okay, so we have the numeric values here, uh, but uh in this current market window right here Okay, uh, is the the best bid and offer this number is the last traded volume Uh, and then we can see this is the depth here on the on the bid and this is the depth on the ask Now what we've done in book map is we've taken these areas of high liquidity and we've made a graphical representation in the heat map So look at the heat map here, uh at 86 186 45. We have 3600 shares Okay, it's orange One one tick above or one cent above we have 2,200 shares. Okay now is this kind of pale yellow Okay, so the scale of this heat map Is um giving us insight or graphical representation to the amount of liquidity And look at this one up here at 186 50 It's it's massive. It's completely dominating the book here. We almost have 32 000 shares up here And it's this dark red color Okay, so that's the scale and the reference here, uh, and Now we're starting to understand the book by graphics Okay, but what we do here is we record that say when the numbers change the heat map changes to reflect it And it's recorded and plotted on the chart historically So all this heat map is Is where they're bidding and offering you're seeing the auction historically Okay, so see these striations here in this yellow and orange up here. That's the adding and pulling of liquidity All right, so that's all it is this vertical white line here separates the current market windows here to the right And the historical view to the left All right, so that's the heat map. Let's go over some of the other chart elements here Okay, so these uh, these dots here. Oh these this is volume that transacted on that best bid and offer Just lost volume really Can everyone hear me? If you could just type yes It appears that um, uh, yeah, okay Hmm Mel it looks like uh, okay. Okay. Yeah. All right. So you can hear me now. Okay. Good. All right. Thanks guys. Um all right, so So They're basically there's just three elements on this book map chart, right and let's cover them. So Best bid and offer we've been going over. Okay. Now. That's uh, the historical view of it here Right. It's just best bid and offer these dots are transactions that took place on that best bid and offer So the red bubble here. This is the aggressive seller. They hit the market sell button across the spread and took liquidity off of the best bid And that's just how the market works The green dot is the aggressive buyer and they're they cross the spread they paid up for it Hit the market buy button and they took liquidity off of the best offer All right, so that's it. Those are the three elements and uh now though Because of the way that we're not aggregating data In a period going back and forth. We're showing all them. We can see all the microstructure here Okay, so what do I mean by microstructure? Well, look at this area. Whoops. Sorry Look at this area here of consolidation And then it breaks sellers hit the bid here and they they drive price lower We go sideways for a bit here Uh, and look at look what happened here in the auction. Okay, we're starting to really get context here of what's going on in this market Okay, we dropped We're going sideways They start to lower the offer here. They want to be sellers down at lower areas. There's more supply at a lower area This is bearish Okay, there's also buyers here though, too So we're kind of like going in a very narrow range But what happens here the sellers took on these uh, uh, they took the liquidity from these uh buyers here And they actually traded through it Okay And we come back up and we come back up kind of where we drop from here a little bit higher And then we drop again. Okay into high liquidity here. Okay in this time frame here, which you know, it's it's not very much time We're in a downtrend. Okay, but we're reading microstructure and we know that the sellers are in control Look at the clusters of selling in these areas here trading through these areas The you know, the offer is lowering here As well and the sellers are trading into these areas and through Okay, and we're seeing it. We're seeing it in the transactions. Okay, so in this time frame, we're going lower Uh, and uh, but we're going to look at the same chart here And this is apple And then here's that same chart just a little bit later. Okay, but we're zoomed out And we have the whole the whole day in front of us here Okay from the 930 cash open this little action right in here is what we were just looking at All right, uh, here's that high liquidity up here at 186 50. Okay, those 32 or 1000 shares or whatever it was Um, that's uh, that's up here. Okay, and here's that move to the downside Okay, so what we saw was a trend in the in to the downside in that time frame But the overall here, uh, we're we're looking at a trend to the upside Okay, but what my my point is here is in this micro structure. We're reading it correctly On this time frame in the macro view We're also looking at it and gaining lots of insight because now we can use this depth of market in this dome Here on much higher time frames. This would be impossible to do before Uh, you can see where they're where they're bidding an offering Okay, so I'm looking for a retest for these guys to come up here and test into this. Uh, 180 650 actually Okay, I'd like to see them charge. They're charging up into this, uh 86 40 area here, uh, but looking for the uh, large liquidity here up here to trade. Okay, so anyway Uh, let's get into some of the details here the main point Is you can use your dome on much higher time frames And the advantage with it that dx feed offers you is all of these levels here. All of them are live Okay, so when you'll see it, I'll show you in the live market here You'll be several dollars away 10 20 dollars away and the these areas will still be live You'll see you'll see liquidity change. Okay, so we really know where they're bidding an offering And that's an advantage Okay, so let's go through some of the um Maybe some of the patterns here and looking at the microstructure. I'm macro structure macro view And starting to understand like how patterns start to evolve and what's going on in the order flow Okay, and it's truly what makes up the patterns. Okay, is the is the orders and the transactions So, uh, we're looking at disney here. We're moving down Into high liquidity here the buyers, uh, they stay in the book sellers take them on they trade through it And this is bearish Right, uh, but uh, look at this little area down here. We don't see a lot of transactions Hey, they're not able to take it further Okay, we rotate back up and uh, we come back up and test like kind of high here. So, you know, it's not It's not so strong, uh Buyers met sellers right here. Okay, so let's move to the downside. It's not so strong. There's no follow through Okay, and we come back down and again, these guys are willing to buy yet again They're back in the book at the same price level at 101 And they transact Look at the selling now Okay, it does trade through that area Okay, but not much Okay, and there's not a lot of sellers. So this starts to look It's not full absorption, but it's it's partial absorption Uh, and uh takes away most of those sellers. Okay, there's no more sellers left And buyers read that and they'll come back in and look at the buyer and starting to pick up right here above this little micro structure You'll see these kinds of move moves again and again and again This is just really what what happens here buyers take control Okay, I'm looking for the first test would be the swing high up here Okay, we come up when we test it. We get a pretty deep pull back here. Okay, where these buyers initiated All right, we come right back up into here. And what do we find up here? more buyers Okay, more buyers at higher highs And we break this little structure And it's not so little either but uh, you know, that's a half hour of data Okay, we know the buyers are in control. We're looking for higher highs Okay, we're looking for the next area to test and that would be up here But they're pulling they're pulling their liquidity And we go sideways here for a bit and the buyers finally get the idea You know, we they know they've gotten it in control here We're looking for the target here of 102 And look at the volume look at the volume bars down here pick up Look at the volume dots and the color of those dots up in here buyers Okay, what's the reaction? Well, we go higher. Okay, and exponentially basically This area was hit and did trade and it traded through it But anyway, see how we can start to read and target And start to understand where we're going to go based on the liquidity in the book That's why it's important to see these levels up here and know that they're live Okay, that they have the intent to trade All right, so anyway Now let's take a look at kind of a pattern here All right, and how this kind of unfolded and why? well shoulder head shoulder All right, it's basically absorption And based on the the order book here these guys stain in the book and transacting And partially absorbing or absorbing a lot of that selling pressure not all of it, but a lot of it Okay, and and they're right back in willing to take more And they also come back in here again, but you know price is already gone anyway Starting to put those pieces together Okay, let's start to look at context too. Okay of liquidity As you know support and resistance and and trending environments And now we're looking at facebook here And we can see the Open again here move into high liquidity. It transacts Completely absorbed up here Okay, we do not go through it Because we come back down But you know, we haven't found sellers down here enough We start to rotate back up and we find buyers and now there's no liquidity here the liquidity is up here Okay, so we come up and trade our test up into that area here Just shy of it here. We get our deep pullback and then finally we test through it Now those areas of high liquidity here and here and here You can see how these are acting as resistance or definitely as We know that you know, they're staying in the book here And this is supply Okay, so what about the opposite of that? Where what about demand and in support? Well, interestingly enough, you can see these kind of traces here where the Supply has turned into demand on the same price level. Okay, same here as we trade through it here Okay, so look at the striations and it lines up pretty nicely. You'll you'll see it. It's not it's actually to be honest It's not the best example There are many others out there. You'll see it all the time Right target is going to be this 183 All right, ultimately and that did trade Okay, very very high liquidity 68 000 shares up there Okay, here's here's another in facebook and I think this is the same chart Yeah 183 uh, this is just uh later in the day here And uh that 183 how many do we say up here 68 000? Okay, well 52 000 it it came down to 52 000 So they did pull some of it And um, but look at the transaction into it Okay, completely absorbed Right, we did not go through it. In fact, you can still see there in the book still here with high liquidity right So this is absorption. This is what it looks like visually Okay, we can really understand it. Look at the volume spike Okay, and you would think a breakout big volume like this you would think That's bullish, you know, I should be getting in the long side But now you have the liquidity heat map and you can really understand what's going on here All right, so where do we rotate back down to areas of liquidity? Again down here 182 60 and 182 50 all right All right another great example of absorption here in apple 327 000 shares we trade into it and they keep trading and trading and trading into it here This is where you're going to note your cumulative volume delta just pick up completely and Spike to the high side, but price is not spiking because it's being absorbed Uh, all this all this buying pressure is being completely absorbed here And they're still in the book even after at 190 Okay, what was the reaction? Well, we we we absorbed all the buying pressure. We instead we start to find some sellers And come back down into other lower areas here Okay, now I'll go over exhaustion here and then maybe we'll jump into the live market and start to look at it and let's take a look here at What I mean by exhaustion it's the opposite of absorption basically It just means that there's a lack of trading a lack of interest of trading at those areas okay, so Absorb or exhaustion You do not see high liquidity. You do not see transactions Hey, you don't see any action It's these little like little tips down here and see how this is the best bid And there's very little activity if any okay, none basically Okay, well the market if the market can't trade there it's got to rotate into an area where it can trade Okay, so it rotates back up into you know your your mean reversion. This is exactly your mean reversion Okay, the exhaust out We're looking forward to trade back into another area All right now in a trending environment You're looking forward to exhaust out and not only trade back into An area where it can trade and transact, but you're looking for in this case buyers to take it higher Okay, and you get price discovery to the upside All right, so anyway, uh, it's not not the greatest this is not the greatest example of a trend Uh, but uh, you know good example of exhaustion at these points here Okay, a trend is actually down here Okay, and I know this is not the the greatest trend either, but You'll see it like you'll see several days that are just just like this Look at the volume at higher highs more buying more buying more buying Okay, look at the higher lows exhaustion Very very typical in order flow in a trend Okay, there's no one willing to trade here. You can trade back up into here Your high volume nodes All right, so anyway, uh, that's how liquidity can act within a trend and majority of the time. That's how you'll see it Uh, let's go over some of the algo activity, uh, and then we can jump into the live market Right, so we're looking at amazon here 1600 the figure And um ignition algo. Okay, you can start because we can read the order book and record it You can read the algos Okay, and and the time frame is not, you know, we're not looking at sub seconds here You know, we're looking at 30 seconds of data between each vertical dotted line here 30 seconds You know and the algo that we're reading here has taken place over Uh, let's see, uh, here's 21. Here's 17. So like four or five minutes here, right? And the the activity here, uh, you know, that that happened pretty quickly But it's all recorded here and we know the activity. Okay. This is one individual actor with high liquidity on the bid And uh, look at them chase after price here Okay, to me this looks like, uh, uh Ignition algo trying to get price up into this area up here at 1600 and and above Okay, and maybe knock anyone out who's um, uh short And get them going the wrong way here Okay, so let's just cover it here. What's going on, right? So, uh, first off I know this can look rather foreign to you. So, uh, this is because we're looking at, you know, 1600 Share here This is the spread Here's the best offer this red line. Here's the best bid is the green line Okay, the the green, uh, you know dots. Well, those are the buy transactions Okay, the market buy orders Okay, the red here is the market sell Look over the cell. Look at how much selling is taking place on the uh, on the best bid Very very little, right? We don't see a lot of red dots. There's some in the midpoints here but For the most part buyers are totally in control here more buying More buying more buying more buying Okay, just to make sure we have this, uh, ignition algo here Uh, showing very high demand They they pull it at it higher pull it at it higher several times here this activity here It's got to be the same player Hey to me it looks like they're trying to show a lot of demand We've they've already got it going their way to try to get it up into 1600 or above Okay above 1600 basically, uh and start to ignite, uh orders Okay, so we can start to even uh look at here, uh Possible disruptive and prohibitive practice. Okay. This is not legal uh, and um, uh, I wouldn't jump to conclusions and say this activity here is specifically illegal uh, but you can see it right, uh, and um Basically, they're not taking any risk by skewing the order book here So if you show up at an auction for let's say apples and you and you just you you have a pile of cash and you say like Well, you know what? It's a it's a dollar a pound. Well, I'll pay two dollars a pound. I'll pay five. I'll pay ten dollars a pound Okay, that's what this is doing here, but they haven't made a transaction yet Right. They're just kind of like pumping it up in a sense Right. Anyway, uh, that's the ignition algo we can start to read that behavior here Here's another um a skew in the book here with algo activity and looking at jp Morgan. So you look at high liquidity up here at This one one fourteen fifty k twenty nine thousand shares But look at this activity here this player here high liquidity on the offer polls adds lower polls adds lower several times Okay showing more supply You know aggressive supply here And and it has an effect on price the order book had the orders have an effect on price. It's just how it is and You can see that price is starting to react to it All right. Anyway, you can read the behavior all right, let's uh We'll stay away from the economic release here. The economic release is is very much like the open here This was actually geopolitical Uh, it was not a scheduled, you know economic release like at 8 30 a.m. Or, you know, uh, whatever like non-farm is tomorrow You know, we know, uh, it's exactly at You know 8 15 Okay, so um, anyway, that's um Something that you'll note in book map, uh, even in geopolitical Environments here see how they're pulling liquidity right at this level here. So, you know, something's up You know something's wrong And this is this was, uh, uh tariff News, uh with uh us and china Okay, and this is for tesla Well, it was pretty bullish for tesla Okay, we'll look at the action same same, uh Day, uh in time here and look how look how the market viewed it for, uh, apple It's fascinating because you know, uh apple is getting a lot of its components or assembly is in china Okay, it's hurting apple here Okay, uh over in tesla. It's helping them as a u.s. Company Anyway, uh, you can see them pulling liquidity is the big big, uh You know thing to show here, uh in these slides Okay, and then we went over the depth here in the, um, uh at the open Okay, so let's jump jump into the current market and let me know if there's something you guys want to take a look at Uh else, uh, we'll just look at what I have open here all right and start to uh Read the order flow and and start to uh, maybe set some orders here as well Okay, I want to show that one click trading for you Netflix, okay No problem. I got it open Wow Well pretty bullish pretty bullish Okay, we were bullish for the day here. Um, so what were we looking at? Um Was it was was it Netflix or no it was tesla Right tesla. We're looking for 350. Yeah. No, I have not gotten there yet Okay, but uh, wow netflix is uh Uh, well, you know, let's let's jump into these areas here and let's see like um, you know Did these larger players get filled in these areas? Okay, uh because we're trading was zipping right through these areas here And uh, and let's see where uh, we might be going here. All right, so anyway, it's an incredibly Incredibly bullish uh and um moving up up to the upside here Let's uh zoom in here Just a second Okay Okay, so it looks like these guys got filled down here. No question Look at this here beautiful beautiful pullback right to it right to where the buyers initiated this move to the upside Look at the volume here Okay, see how clear that is like they're taking control Right, this is this is a great area here to get back into the trade Okay, uh, if you got in with a market buy and you're looking for the pop to the upside Take your take some of the profit. It's maybe this area here of liquidity And maybe even this area here whatever the case may be just To reduce some risk But get right back in here because this is a good setup here looking for more buying at higher highs And we got it Anyway, uh, let's zoom into some of these areas and make sure that these guys are staying in the book here and transacting Yeah, so i'm looking here at a cvp which means um chart range volume profile and yep, we can see that we had Uh, well, let's use our data tip tool here Okay, we had basically about 12 000 shares here and what actually traded was 20 almost 21 000 Okay, we can see that see this number here. This is an iceberg Okay, so they're not in the book. So actually instead of 12 We're actually looking at 17 or so Okay, because of these 45 uh 100 shares here that are not in the book Okay, so this is your iceberg someone someone was wanted to sell here A larger player they did not want to show that liquidity in the book Okay, because in the book we're looking at 12 12, uh 4 10 Uh, and then instead we know what traded here. Okay, so a lot more than that Okay, well, here's part of the reason Okay, it's an iceberg Okay, we trade through it Looking for higher highs buyers still in control in these areas here very little selling down here looking for the next level They rotate back and forth a bit And it's kind of rare that it will you know, it pulls back down below that area here to be honest But it did and it comes right back up into though They rotate right back up into this 312 50 Okay, and they're transacting no question about it I'm sorry some of it's pulling here Yeah, some of it's pulling some of it's transacting. I mean we know that we see the volume Here, but you know some of this is pulling here. So we're going to go higher here All right, we spike through it They're still here. They're they're back in right And they never really they never really transact. They're this is just kind of a bunch of bs here And then looking for Looking for it to come up into this higher higher highs here. Yeah, it's still pulling back deeply here. I'm looking for it You know that other example I showed you were those striations Yeah, I'm looking for it to trade through and I'm looking for it to be what was resistance become support Hey, but it's taking a sweet time here And definitely coming back and it came all the way back again and tested this 312 here But there's very little selling down here and the buying picks up again We can get more a little more buying up here. We're coming up into 13 and then you see the the nice breakout here all the way up into 14 50 And we should be getting to a current market here pretty soon continued on up Wow nice very very nice move here Yeah, here's more of what I'm talking about Hold on just a moment. All right. So nice move continues to go higher here Then I take a look at this area here So, you know, this is where we broke out from we kind of went sideways here and broke out from So looking for that pull back here into that area and let's see if those buyers support it. No No, they did not like we we went down below it here Now it's kind of going back and forth. I would say this is this is really starting to get a little more convoluted now And maybe sellers can come down and test now see how they're in the book here at 315. Okay, so What what we just witnessed here that's why I wanted to zoom into these areas and check it out is You know, this little critical area critical area right here at this 317 Okay, this is where we broke from we see a lot of volume up here And I wanted to zoom in here and see if these guys were getting filled or not Okay, and they They were you know, they're staying in the book and they're they're they're they're getting filled here Right, so at a certain point like up here at 1850 We don't even really trade into that area here We're finding some sellers here sellers are taking control and they took control below here where they originally bought That's why I'm looking for 315 to trade Okay, and we're just about to hit it Right, so anyway Uh, there there's the reversal that we're looking for. Okay now This is very typical You know, you start to look at some of these patterns that exist like shoulder head shoulder Okay, you can even zoom into this area up here and see a shoulder head shoulder within The bigger head and shoulders. Okay shoulder head and then shoulder Okay, and look at look at how the sellers pick it up down here. Okay, they're starting to they're trying here And I'm not getting you anything from the volume up in this area here to be honest I don't see one side or the other taking control, but down here. I starting to see the sellers take control Okay, can you see that can you see the red? Can you see them targeting this high higher liquidity here? Look at the offer too. Look at them lower the offer here and So putting those pieces and this target or I'm sorry this context together Okay So that's why we you know, this is the kind of process we go through in the advanced order flow webinars Okay, just shy of 315 I'm surprised we didn't trade there Okay, so look at the some skews and look at the skew in the book here at 316. Look at that You know, almost 6,000 shares right underneath and now let's see if the sellers take them on Looks like they did Yeah Okay, so let's see if that's the case then let's see if the sellers can And let's see if we maybe we can set some orders here Okay, it's too late Too late. I wanted to get in here with this selling here and then I'm looking for 315 to trade Okay So anyway sellers And and why did I think that right? This is where this is really where right here is where three 315 90 is where I'd love to be in right here Right. Why because we can go over it right here They took them on Okay, and and they traded Into that and through it. What we need to see is there's more selling after that area and there is I'm looking for this 315 to trade Uh cluster of buying still just in front. There's so they're still buying down here, right? So we got a battle going on Right and is just in front of this high liquidity. Okay, so it's kind of convoluting that there. There we go There's our 315 Okay Yeah, it wasn't so clear here at that moment and then the sellers just just picked it up really Just jumped in here Very very strongly This these are hard moves to see we don't know when that's going to happen. Okay anyway I know we're looking we're zooming in and out here quite a bit, but we're going through it in real time So this is you know What we've got to do is the same thing though that we're looking at here We're looking at we can look at much higher time frames and start to Use the same process to look for the See now now I like the buyers starting to take control here. So let's see if we can we can jump in here Maybe set some orders. Okay, so I'll I'll I'll set a bracketed No, I won't set a bracketed order Because I got to put in like ten dollars worth or something or more than that Anyway, let's set a hundred lot here or a hundred shares. Okay on a pullback. Okay, I'm filled All right Okay, so I'm looking for buyers here To start to step it up again Okay, looking for this as being support and I saw these clusters of buying coming in here. So I liked it and Okay, let's close our cumulative volume delta. All right. Well, let's let's set some stops and targets as well Okay, so we can set some oco orders here. So above current price. I want to be I want to get out actually right here This was where I'd like to get out right at three six right in front is three sixteen Okay, and then I'll set my stop loss down here around Uh three fourteen fifty So we lost our support here though. They did pull As you can see, but we're still finding a few buyers. They're starting to come in now Okay, here they are they're back now. Okay, that's bullish as long as they stay in the book Okay, it's kind of a range bound environment here You know not not really looking for much So that's why I'm looking for just uh back into where they were selling up here So I know it's not much of a move, but uh you can look you'll see this on a monthly chart. It's the same thing All right. I'm going to move my stop up Okay reduce my risk There we go And let's see if we can get filled here. Oh come on guys You know, you can do it All right, some sellers are starting to come in here. I think I'm just going to move this in and take it Before this slips away. Okay. There I'm filled. All right. So there we go. Um, so um You know, it's you know, it's only a hundred shares But just wanted to show that example here now what I really want to show though Is you know, what we were reading here and we had our our reasons to get involved in what we were looking for Okay, now if we get more vol volume here on that buy side and they they bump up the uh bid With higher liquidity and they also start to pull here at three 16 20 well, then I'm looking for 17 Okay And they may but for this little trade here. This is what I was looking for All right, and that was it and But what I want to cover here is this one click trading because this this has helped me quite a bit I think it could probably help you too That is see how all my decisions are recorded Okay, so I jumped in here with a market buy Okay, and then I set my um stop and take profit Here with an oco order Okay, so as soon as this was as soon as I was filled here it it cancelled my other order on the other side Okay So anyway, uh, see how see how the volume starting to pick up here. Let's see if they can get it into 317 now anyway That's the the one click trading and uh, uh, this is a great way for Like I said debriefing your trading and your Your decision-making. Okay. Why did I do what I did? For example, why did I I chased it a little bit here, you know I saw it come right up to my area here and it was just not getting filled And then I started to see some sellers come in. I saw a little bit of exhaustion here So I I I lowered it a little bit here Okay, and I ended up getting that taken out now it ended up going my direction here I was not willing to to you know, have it come back and hit me a break even here though, right, so You know, you hear those Sains about not giving up a tick. Um, so that's that's exactly what I was kind of thinking there. Anyway That was my decision-making process and there it is. All right So that's the one click trading With netflix and not not bad. I mean look we came up into 3 16 20 and Now, you know, we're going sideways again. This is this is what we're looking for. Uh, anyway All right, let me show you where you can get a book map if you want to give it a try and I want I want to go over the Some of the pricing details so that you guys are clear on that And let me let me know if you have any questions Okay, here we go Okay, so scroll let's scroll down here and I'll put this link in the In here for you So you can click on this link here. It'll take you to this page And I also want to show you again. Don't forget to sign up for the pro trader event Okay, so uh dx feed Book map you've got the link there. Uh, so scroll down a little bit here Or just go to pricing if you want right here So this is what you need to do In order to to get book map first you need to subscribe to book map And there's two different versions available global and global plus Okay, the global plus is the one that has the add-on indicators like that iceberg detector that I was showing you And in fact, that gave us some good insight, you know, we saw that that one area that was 12 000 shares that uh transacted But or I'm sorry 12 000 shares were in the book, but 20 000 transacted Well, we saw about 5000 or 4500 of them were an iceberg. Okay, they just weren't in the book Right, so it gives great insight uh to work larger players in uh in some of those areas and That's the global plus version. Okay, so step one is you need to subscribe to book map either global or global plus Okay, here's the pricing here And then next what you need to do is you need to subscribe to dx feed Okay, you can get nasdaq depth here for $69 a month Or you can get edgex here For $59 a month. Okay. These are the data providers in You know the us equities markets Okay, so I would recommend getting both the premium bundle here the the more A data that you can get the better here. Okay the more depth Data that you can get okay, so get them both together and that's 119 a month now There's a special here. You get it for $59 for the first month and it's 119 afterwards All right, so step one subscribe to either book map version here and then step two Choose the depth Data that you want from dx feed and that's it. So just click on this button here All right, that said don't forget about the pro trader webinar series here Starts all next week and here's the link for that as well There you go And we'll wrap it up here. All right Let's just take one last look at netflix and see what's going on. Okay Well went sideways and then now we're seeing that see how the buyers are taking control here So let's see we're looking our our next level was 17 317 right if we could get through 320. Well, what happened at 320? They I'm sorry at 316 20 what happened there? Well, they pulled They pulled their liquidity The buyers have a clean shot up into 17 if they want to take it Anyway guys, that's it. That's all I got for you Thanks for coming Everyone have a good day and we'll catch up with you another time. Okay. Thanks