 Okay, welcome to the bookmap platform details webinar. This is Bruce at bookmap risk disclaimer trading equities futures and digital Currencies involves substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results For more information go to bookmap.com And we'll go through the different packages that are available there and want to Describe what you get with them. Okay, so you get bookmap educational course that comes with It's a four-part series that also comes with Access to the advanced live order flow webinars that follow this webinar at 11 a.m. Eastern time here Okay, there are other resources as well now the the concept here is that this this Webinar is open for the public for them to all come in and ask questions We do go through some basics about what bookmap is displaying and some of the order flow And reading it, but that is much more geared in a lot of detail in the advanced order flow webinar Okay, so anything Anyone that has questions about the platform. This is the place to be for those of you interested in understanding order flow and How to apply it to your trading then that would be the for the advanced webinar? You will need to be a customer to to get access to those. Okay, so we filter out those Asking about platform and those asking about the Order flow, okay All right, so let's take a look at bookmap.com And Just kind of go through the webinar or the website Briefly here. Okay, so there's an intro video at the top some basic information about bookmap.com Or bookmap and then there is the bookmap Nasdaq total view so there's bookmap for equities. Okay via Nasdaq total view. It's an excellent data feed And then connectivity so bookmap is a visualization Trading platform Okay, so we are not a data provider So you will need to have a data provider in order to connect bookmap to the live markets Okay, so you can see that there are some platforms up here as well like Ninja trader a TTX trader pro and interactive Brokers traders workstation. Okay, these three are platforms as well But we connect via the API of these platforms However, we're a platform just like they are so you can connect directly Through your data provider CQG rhythmic gain capital IQ feed Transact or dev experts for that Nasdaq total view that I mentioned Okay, and then also a trade of eight which is offering CQG All right, let's go down a little bit further. These are the packages Okay, so you can subscribe monthly or yearly to bookmap. Okay, so you can click here and You get a 20% discount if you go yearly And then let's go through the different Options here. So there's digital and global Okay, now the we also With this new bookmap 7.0 beta version. We now connect to the G-DAX Exchange for digital currencies like like Bitcoin. Okay, we're offering a free book map Connecting to one digital currency of your choice and that's that's it. That's all you get But you do get a full view or a full version of book map okay, and You get limited support and also just basic education. You don't get the advanced education. All right the digital plus $7 per month what you get with that is a connection to the G-DAX Up to 20 instruments. You're able to record and replay that data Okay It's a 24 hours depth of market and you get historical data as well Okay, and then you also get full support and the bookmap advanced education Okay, so that's the digital plus now the global is for Everything else including Everything in digital plus including It supports connectivity to futures and us equities. However, we don't provide the data You you will have to provide the data. All right, so as you can see there was over 10 different platforms or a data fees that we connect to and connect to your futures a Data through one of them or your US equities through DX feed Okay, also you get the advanced education and and support with the global And that's $49 per month of global plus is $99 per month and the difference here are Well, one is the ability to trade right from the bookmap chart using the one-click trading And then there are these add-ons here Okay, and these add-ons are proprietary Indicators that we developed for reading order flow. Okay, so not only reading order flow But also particular players in the order flow large lot tracker identifies larger players providing liquidity iceberg detector identifies players larger players using hidden orders disguising their liquidity There's a correlation tracker and there's a couple of different in balance indicators Okay, and and You also get the bookmap education as well as the Support, okay All right, if you need a data provider, you can click here and that will give you There's a few that offer a trial for a couple weeks so you can do global plus or global And and with a trial version of data if you don't have a broker or data provider If you can't decide which plan is right for you, there's a complete list here and you can click on that Social media you can follow us here at bookmap underscore pro and you can see we have all sorts of different Tweets and retweets and different Professionals that follow us in Twitter. You can subscribe to our YouTube channel Here just go through it briefly. There's some intro videos here in this playlist Features and components. Here's the one for bookmap 7.0 overview if you want to want to view that one and then the order flow video snippets are these these are concepts of Order flow phenomena that we uncover every day during the advanced order flow webinars, so I would recommend Going through some of the intro videos here And then some of the features and components to understand what bookmap is if you're new and then the order flow video snippets These are important to understand How to read bookmap and how to use it and how it gives you a competitive advantage in your trading Okay All right, so that's everything there Let's jump into bookmap. All right looking at the NASDAQ here All right coming down into well some interesting levels already now Looks like you know coming we're down below the seven thousand level here as you can see and pretty significant volume trading down here so it looks like We may well, we'll keep an eye on it here in the order flow, but it looks like it wants to accept there at the moment Below that seven thousand figure, which is going to be really critical Okay, well there there will be a lot of liquidity. There will be a lot of bashing around in that area anyway Let's go over the basics here. What are you looking at in bookmap? Okay, so we're looking at the NASDAQ e-mini and Basically This looks like it's complex here. It's really not it's really straightforward. There are only three elements here on this bookmap chart Okay, the first element is just historical best bid and offer. That's it Okay, there's no candlesticks. There's no derivative of time price or volume or anything like that It's there's no aggregation here. It's just historical best bid and offer Now you get the advantage there because you're able to view microstructure due to historical best bid and offer Okay The next element is the the volume that traded on that historical best bid and offer and that's what these volume dots that you see here Okay, and we'll get into the specifics in just a minute now that third element here on the chart is Really the heart of bookmap Is the the heat map? Okay, so what we do is you see this colored heat map here with the orange Yellow white and blue up same as up here. Okay, it's just recording The the dome the depth of market and it's showing you where they're bidding and offering in this market Okay, so now you have a complete view of the market with these three elements Okay, you have the Price And in microstructure no derivative or aggregate gated view You have the volume that traded very specifically on that historical best bid and offer and then you also have the Evolution here of the auction okay the historical view and current view of the auction So let's go through it here, and I'm going to just show you how it applies to a candlestick chart And we're going to take off everything else here just to make it's simplified and we'll zoom out a bit Okay, here is a candlestick five-minute candlestick chart within bookmap. Okay, we offer we also offer candlestick On on the on the chart. So if you're accustomed to that view most of us are so let me let me explain here So what's going on in the candlestick? Well, it's open high low and close of a five-minute period It's an aggregate view Okay, there's all sorts of data that happened or you know that occurred or Market occurrences within this five-minute period Okay, and we don't have any clue to it because we're not seeing it. It's all disguised within this aggregate view And that's the problem here So we want to see that at microstructure. So let's turn it on. Okay, we're just historical best bid and offer and Now we're getting a very Detailed picture It's very simple but is but is is giving us so much more Okay, so for example, let's talk about some of this microstructure And what's lacking here in the candlesticks? Okay within this 10-minute period basically Okay from 930 to 940. So this is our cash open here immediate move down. There's all sorts of structures here And we break them and we go lower. Okay, so let me mark them out so you guys can see them Here is the first structure that we broke from okay It's here's where we broke from over here, but then you can see that we came down here Okay, we went sideways for a bit. We broke lower We came back and tested where we broke from and then we kind of had a slant to the downside yet It still is a structure and then it broke Okay, and and this Broke pretty hard here. Hey, I mean there's some little You know tiny microstructures in within these areas here, but nothing really too too significant The the move to the downside look where we come back up and test again Okay, where we broke from here in this structure, and then we continue on down We do a little double bottom down here, and then we start to find some buyers Okay, they come back in and they break above This swing here. Okay. Here's another little structure Etc. So Why are these structures important? Okay? Well, it gives us tremendous insight to who's in control All right, and I'm going to show you that by Let's clear them and let's let's turn on the volume dots Okay And let's bring down the size of the volume dots just a hair oops Okay, so who's who's in control here? Well, I mean you can see that The In some of these areas here the well, I mean there's both buying and selling I mean, this is the cash open. So there's a battle going on here back and forth but the sellers really You know this one's a little little tougher to read but right in this area here We see more volume trading at the lower lows here And we do not come back up and note note the trading up here in this little peak right here Let's zoom in here Okay, there's very little volume trading here on the Some of these peaks to the to the top here. Okay, these little microstructural highs here Okay, starting to exhaust out instead look in these areas here where we see more sellers jumping in here pulling price down They're hitting the bid, okay And They're they're in control because we've broken structure and we see it. There's more volume trading down to the downside Okay, so this gives us insight Structurally as well as with the volume. Okay, so let's these are the only two elements We have here on the book map chart at the moment But let's get into some of the details as I zoom in here because you can zoom in here in book map We can look at we're down at micro second levels here. So these are millions of seconds. Okay, and Why I'm showing you this because I I'm I want to demonstrate that this is Not an aggregated view. It's every single market event that occurred Okay, as it came into book map. Okay from your data provider. Okay, so we're down now at Nanosecond view. These are billions of seconds. Okay We our software can handle that Okay, we're showing you every single trade every single market event. Okay, this here was a trade for five Okay, I'm sorry for The five is over here so the You can use the data tip tool here and it shows us the date the time what was on the bid here at this 7,005 Price and then the volume that traded here. Okay, this is the aggressor classification of volume that we're displaying Okay, so someone hit the market sell button. Okay for for four contracts And they took liquidity off of the best bid. Okay, that's what occurred here And we just described it we plot it onto the chart and very simplistically plot it for you However, note how and how this market is trading look at how they're hitting the bid here Okay, nothing but aggressive sellers. We don't see any buyers up here at all. Okay, that would be a green dot And here here buyers we start to see a few on this side. Okay, but the sellers are in control and at this point All right, so here's our best bid and offer Okay, and then the volume that traded on it and that's what we're just displaying here in book map But it gives us the structure as well as Who's in control more so than a footprint chart? Because a footprint chart is going to be aggregated within a candle or rotation candle or you know some some other method And yeah, you'll you'll see, you know, what volume traded where okay? Just like you can see here in book map But you don't get the context of the microstructure and that's that's a problem Okay, because we want to understand who's in control in these structures All right Let's see Jason cumulative volume Please explain what this is doing and possible to use in your trading. Okay, so the CVD Indicator well, we do have an indicator here in the sub chart called the cumulative volume and This here is very very simple Indicator Okay, what it's showing you is the the aggressor Okay, so the You know what Jason I'm gonna let me let me cover the heat map here and then I'll get right into it. All right, but We'll get back into the aggressor here You know and and who's in control and the cumulative volume Delta is as a nice indicator for that. Okay But let's just cover this the heat map here Okay, so The What we're so we understand the these two elements on the book map chart of historical best bid and offer and the volume Okay, exactly what is displaying? Okay down to nanosecond levels now in some of these areas You'll see a pie chart display like up here Well, what we're displaying is there's so many transactions that happen so quickly That we need to give you the overall Delta and shape of that volume Through the pie display. Okay, and so you can see about two-thirds of this was aggressive buying here Now these guys are gonna get stuffed as they're gonna get stopped out on the way down here But then there was some buying up in some of these areas here. It didn't quite exhaust out in And when some of these little areas it did as we looked previously, but then You know we see the sellers continue to hit the bid and drive price lower All right, so Now the third element on this chart. Okay, so we've we've got just historical best bid and offer and we've got the The volume okay, now let's take off the candlestick chart Those are the two elements now and we're gonna add the third the third comes from the dome Okay, let's zoom in a little bit. Okay our depth of market. Okay. Here's our dome and book map this COB column here Current order book. Here's our best bid and offer and here's our liquidity on the offer and our liquidity on the bid It's the same in this window here Here's our best bid and offer and then we're gonna see here when I turn on the heat map Okay We're gonna see the liquidity Okay, so high areas of liquidity are painted in this window here. Okay, so here up up at this 94 and a half here We see 74 contracts Okay, and in fact about half of that is held by one individual actor as our large lot tracker is identifying that Okay, at the moment, that's the highest area in the visible book here Okay, and we see down here at 88. There's 48 contracts. Okay, so note how and they just pulled Okay, and they they're adding and pulling. Okay note how it flashes in here With the the heat map Here look at this area here. There's 48 contracts now over here. This is new information Okay, they're adding and pulling liquidity Okay, and We have a reference of it in this window here graphically Okay, but where this really gets interesting is we record that And then plot it onto the chart. So now you have it on the historical chart And we can see exactly how they're behaving in this auction Okay, so note how we just came down into this area here around 87 And they were providing high liquidity here, but they started to pull Okay, and then as price goes away, they start to add back in Well, do these guys have the intent to trade and the answer is no Okay, that because they're pulling their liquidity if they wanted to trade They'd stay in the book and just get and trade and transact at this level here Okay, we don't see that So we're making a distinction in the auction that they're pretty soft down here at 87 Okay, and You know, here's the distinction over here as well. Look at this little area here Okay Note how they're staying in the book actually on both sides here. Okay trading into this higher liquidity And this is what it looks like when they start trading into it here as you can see Okay red dots into this area of high liquidity Okay, so they pulled some but They also traded some Okay, here it is again trading into high liquidity Okay So we're we're able to very clearly identify those that have the intent to trade and those that do not Okay, and that's going to help Help you understand what's going on in this auction and you're able to use now your dome Uh to determine fake liquidity and and real liquidity as well as we can zoom out Okay, now you can use your dome on much higher time frames Okay, I know that this 95 area here. Well, there's been pretty high liquidity here for a bit Okay, and we're going to we're sounds like or looks like we're going to come up and test these guys right now We're going to see if they stay in the book or pull And there's our answer Okay, they just pulled Okay, so they do not have the intent to trade here. They want to they want to sell higher Look how we're identifying them pulling And then adding up here at the same moment. These have got to be some of the same players Okay, we're seeing a flip of the book as well. We're seeing Some high liquidity here being pulled but look at look at it flip over to 90 94 Okay, they want to be buyers now down up here at 94 Okay, and we're coming down to test those guys now too All right So all sorts of stuff going on here and it's going to help your trading Tremendously to able to be able to use that dome On much higher time frames. All right, Jason. We'll get to your question now the CVD here, okay cumulative volume delta very very simple indicator all it does is record and plot The transactions if the transaction is a market buy Let's say for 10. Well, then your cumulative volume delta would would read positively 10 Okay, now let's say sellers jump in. Okay, and let's say there's eight contracts that sell At at market. Okay, that's always at market. Okay the aggressor Well, then the cumulative volume would read positive two. It just adds them together Okay, and let's say the next transaction is Is for for four. Okay, so we're positive two And then selling selling of four Okay, well now the cumulative volume is going to read negative two Okay, and that's it How that can determine or help you is to able is to Understand the kind of pressure who's in control in some of these areas All right And so we can read it Okay Okay Well, there's also some ways of reading the cumulative volume delta and it's Yeah, I'm not going to go into that. I'll just go into the the basics of what is displaying How to read it? Yeah, I mean that's There's a video for it. In fact, so let me I bring that video up and I'll provide that link for you guys Okay, so we'll just go to features and components click on this playlist here Okay, and you'll see all the different videos Uh, and let me give you the cumulative volume delta Here, okay So I'll put it in the chat for you There you go And uh, that's that all right guys, so, uh If you are current customer then, um Uh, join us in the next webinar. It's going to start in just a minute Um for the advanced order flow, uh webinar If not, then we'll catch up with you guys tomorrow at 10 30 Eastern. Okay. All right. Thanks for coming