 Okay, so in the Bookmap Platform Details webinar, we're going to go through what Bookmap is showing you and kind of define and outline the visualization of Bookmap. Okay, so it's a pretty unique platform and it looks like there's a lot of detail and a lot of information here and there is, it's actually pretty simple though and I'll go through it and I'll show you in the demo here. But let's start off here with the risk disclaimer. Trading equities and futures involved, substantial risk of loss is not suitable for all investors. Past performance is not necessarily indicative of future results. Let's go to bookmap.com for more information. You get a 14-day free trial. It comes with education. You get access to the advanced live order flow webinars. That starts in about 25 minutes and then you also get access to the bookmap educational course and there are a lot of other resources as well. So there's really no risk to it. Try it out for 14 days. It's fully functional and then you've got the education that comes along with it so you understand how to start to use it in the in the market. So we really drill down in the advanced order flow webinars to get into what bookmap is showing you. Okay, so this is where you can find bookmap, go to the pricing tab or free trial here and 14-day trial period. You can see the bookmap basic, bookmap advanced and the quant. Now there's really only one version, bookmap basic. These other versions have different features. Okay, so for example the advanced difference here is the ability to trade right from the chart. Okay, that functionality as well as a host of proprietary indicators that we have. There are other advantages as well but if you want to see that you can click here and get the complete comparison. Now if you are new here and you just need you want to try bookmap but you don't have a futures data feed you can get maybe a click here and get a demo to a data feed as well. All right, so two weeks of bookmap and two weeks of a data feed and that should get you up and running so at least you can try it out and see if this is something that helps you make more informed trading decisions. Okay, more information on the website here if you just go to the beginning there's an intro video scroll down here this is where you can register for the webinars as you guys know. A bit further down you see the platform the benefits and then the link to try testimonials bookmap for equities. Okay, we also have equities it's an excellent data feed. I can if anyone here trades equities let me know and we can look at a few equities because some really unique information there in the equities because those markets are usually a bit thinner and the larger players stand out a bit a bit more. Okay, also some of the advantages here with that NASDAQ total view the depth of market is complete full depth of market as well as what we have with some of the data providers okay connectivity okay we're not a data provider we're just a software platform so you will need to connect bookmap with one of these data providers here. Alright, so for example I am using rhythmic okay and rhythmic also offers something very unique here okay it's similar to this DX feed up here for NASDAQ total view. CQG offers this as well they offer full depth of market alright so the limit order book you know when you usually look at a dome let's in fact me let me bring up a dome here see I'm gonna have to bring it up here okay so look at there's you can see 15 here in oil and crude oil alright on the offer and on the bid here okay so that's a dome this is what we're usually accustomed to looking at okay now take a look at what I've got here displayed in bookmap and crude alright that's gold sorry go to crude all of these levels here are live all of them okay so there's no limit to it so if I want to know what price is doing a way up here at 56.25 you know this is 25 points away from the market or more than that or ticks you know you can see that liquidity alright so that's that's what I mean with full depth it's an excellent CQG also offers that for COMX and NIMEX rhythmic also will rhythmic offers it for COMX NIMEX and CME products too so just want to make you aware of that so anyway that's where you can find all about the data feeds how to connect bookmap and then the pricing in the free trial here okay and some of our partners are down here you can also follow us here on Twitter at bookmap underscore pro and on YouTube okay there's a intro video here some intro videos playlist here okay they're very short videos features and components playlist here so you can click on the link at the top and this will take you to the entire playlist right to understand what you're or how to use bookmap now the order flow video snippets I would suggest you watch these that this is what we go through in the advanced order flow webinars okay this kind of phenomena and context of the market right so understanding the order flow and these are just very quick videos that go that cover the same concepts we go through it in depth in the in the advanced order flow webinars okay so let's take a look here we're up at all-time highs in the NASDAQ I think I'll look at the NASDAQ that's been what we've been doing lately and I've seen some pretty good stuff so let's go back and take a look here okay all right here's bookmap all right so what am I looking at well let me zoom in just to a little bit more here's our 930 open here New York time okay you can see the the aggressive buying it comes in charges up through into these areas and it's been a nice nice trending day at least to the upside so far okay and it's not such a great trending day to be honest but looking at the profiles here anyway let me get into some of the details here so this looks like and it might be overwhelming for a lot of you guys if you're not accustomed to looking at a bookmap chart okay it's actually really simple stuff there's three pieces of information key pieces of information being displayed here okay one is historical best bid and offer okay and I'm gonna turn off volume dots and I'm gonna turn on leave that on let's get really heat map and indicators okay historical best bid and offer that is it okay it's as simple as that just what was the best bid what was the best offer recorded okay current market is right here this is your current best bid and offer all right so now we also display the volume on the historical best bid and offer where did it trade and that's what the volume dots okay so that's the second layer of information that's it all right this is similar to a footprint chart in a lot of respects actually shows quite a bit more than a footprint chart and I'll get into that in just a minute and then the last item here is the heat map okay this is a recording of the depth of market okay so all it is is let me zoom in here and we'll I'll review this again but note up here like high liquidity appear at well let's say 6313 98 contracts are up here right it's bright white okay so that's what is showing here in the in the order book okay it's being recorded and it's being projected on the chart historically so that's it so now I understand where they actually really want to offer the larger players want to offer up at these areas okay anyway let's go into it a little bit further and show a candlestick chart because I want to show you what what we're missing with candlestick charts footprint charts and other charts because they just they're not offering the level of transparency here to make more informed trading decisions a footprint charts are great I like them very much that's not the the problem here is that I have anything against them it's it's much more about just being objective about the data and the information the problem here is with a footprint chart as well as a candlestick chart or any other sort of derivative of time price bar rotation you know it could be you know bar rotation chart it could be a you're looking at you know volume chart or you're looking at you know ranko bars etc it still has some sort of rotation involved in it and that obscures the well there's just less transparency okay so and how how is that well here's this looking at this five minute candlestick chart is the same thing on other charts this is open high low close of a five minute period that's it what we're trying to read here is the pressure of the buyers and sellers by the wicks and the bodies and that's asking a lot here because we have no idea where the volume is actually trading and we don't know what kind of volume it is and we don't know how much okay we do have a volume sub chart like most most trading platforms however that's just giving you the overall volume and the spikes okay like for example here where did the volume really trade did it trade in the breakout right here or did it trade at the top most of it or did it trade somewhere here where we get the pull back right to it in the middle of the candle okay those are all questions that we're going to answer here in just a minute okay looks like it it came back into this area because look at how buyers are stepping in again right now I'm just I'm just guessing though right we're gonna know factually here and that's what allows for these kinds of trading decisions okay you would if you were trading off this candlestick chart you'd be missing it already okay you would have been getting in up here and and all of this other risk here in four or five points in the Nasdaq you'd be you'd be missing okay so that's like 20 ticks anyway let's just add on the best bid and offer okay okay so here we go all right now best best bid and offer we we're starting to understand now micro structures in this candlestick that is that are unfold have unfolded or are unfolding okay so here here's the the quick move to the upside we kind of went sideways here I mean this looks like a short on your candlestick chart you see your double top here you see the the wick you see the the selling coming in you actually we close down below it okay this this is a reversal pattern in your candlestick chart well you guys are getting I mean those those that went short here those guys are going to be getting stopped out up in these areas I mean we see that this is very indicative of a stop run to the upside right here anyway so why is the micro structure important okay and historical best bid and offer captures it very nicely so let me show you why okay and this is just the the basics here we see consolidation and you can draw on the chart here okay see note this call it consolidation zone here okay well we traded up we came back down out of this range here it broke out over here it came back down and went sideways within this range and then it broke out again here okay all of that data is lost within this candlestick you have no idea this is just kind of like a doji or standle standard candlestick candle here okay but what we want to understand is how it broke the structure and and where the transactions are and then also how are they bidding and offering in this area that's going to give us a lot of insight to this move and and the the breakdown of this move here okay so let's turn on the volume dots okay and here we go now we can see where the transactions are actually taking place okay this looks pretty good it looks pretty good to the upside as as you can see here we see more volume trading at higher highs okay that's usually how a trend works okay actually you start to see a lot of selling coming in as well okay at some of these lower high or higher or lows I should say okay so we're starting to see like maybe a reversal potential reversal okay now we break down below here and then look in this area here okay do we see a lot of selling there's some right but it's countered by the buying and then look at this area right here do we see a lot of selling no okay this is where the the bulls can take charge and they do right they break the structure right here there's like a little double top right here okay if we zoom in a little bit more okay you can see it or you can see the the sideways action and we have more volume trading up above here okay we have less selling down here the bulls are in control okay we're going to come up and we're going to test this area up here okay and that's exactly what we do okay and and we get a bit of a breakthrough to the upside all right okay so that's what the kind of transparency you can see here that you're missing with these bar rotations and candlesticks okay you're also going to miss this kind of fine detail and understanding of what's going on in the market in your footprint chart because it's going to be rotating back and forth as well you're not going to see this microstructure and that's a problem okay we if you didn't catch the break out here look at the nice pullbacks here okay one and two okay for looking for testing the high get the test probably take take partial profit here and then try to hold the rest for the for a runner you know you would have if you moved your stop up you would have been probably hit at break even but you would have gotten your partial here okay or if you saw that this breakout to the upside and you start to see this move to the downside you might have reversed okay because now you can see that the bears are in control very clearly here okay we're looking for a few different things to happen in the change in the order flow okay but we want to see more volume trading at lower lows we want to see structure broken okay and we start to break that or we tested at least okay and then we have more volume starting to trade out a lower area here okay so now here's where the trap is okay we come right back up and we see the bear the the these people who who sold the breakdown here okay they're gonna get stopped out on the way up okay we see the the aggressive buying coming in okay and they and they they're still up here okay so this would be another change in the order flow we see it over here and we see it over here anyway I'm getting maybe a bit ahead of myself here in in general and we're just looking at traded volume right and and understanding what's going on with the traded volume okay what about where they bid in an offering that's gonna give us a lot of insight here okay and let's just take the candlestick off here okay looking at the at the chart here this is a this is a chart we're pretty accustomed to looking at volume and you know historical price okay where price traded okay we're just showing the micro structure with historical best bid and offer now you we can before I get into the into the heat map here and liquidity map let's just zoom into some of these areas because we want to see some of the detail here here's the same the same pattern you know that we were just looking at before this is what we go through in the advanced order flow webinar they they hit the bid pretty hard they then you see the the bowls come in here but then look at this this retest here is actually it retested a few times right and where are the sellers now they're not here okay looking for it to reverse here looking for more buyers to trade above and we're looking for above this little swing here that's where we want to see the buyers and then here they are okay and we're looking for up to the upside here okay all right now let's go zoom into some of these areas and show you just what we're recording here okay we're recording all the action okay so these little dots here these little green dots are market buy orders that you want to know exactly what it was we can hover over this using the data tip tool and we can see it okay market sell orders the red dot here this is they took liquidity off of the best bid okay that's how it works when you hit the market sell button you're taking liquidity off of the buyer here that's providing liquidity okay it's the same here with the with the aggressive market buy is taking liquidity off of the seller this is where the the transaction takes place okay note how we're giving you every single bit of detail here and we're down at microsecond level so all of the data is here every event is recorded this is a tremendous advantage okay especially if you're trading algorithmically but as I zoom out note what we're showing and displaying okay we're giving it you an overall view of the of the volume and the pie display here is showing you like this big pie display over here is showing you that the majority of it was selling and there was some buying okay about 25 percent looks like is buying and the rest was selling okay so it's all still here all that data is still here it's just that we've recorded it I'm sorry we have recorded it but we're we're showing you the the overall okay the overall delta of that volume as you zoom out right now to get into the heat map last thing and then and then we'll we'll call it a day here okay so that's really an important aspect of price okay it's to understand the volume what's equally important is to understand the auction where they bidding and offering okay we want to know that if you show up to an auction and you don't know that information well you're at a disadvantage you might overpay for something you might underpay or you know for something whatever whatever the case may be if you're you want that kind of transparency so how do we usually find that transparency that's in the limit order book okay and we can see in the dome here this is the book map dome current order book here's our price ladder this is a best bid and offer reflected here as well and last traded volume is right here okay and and we can see the the liquidity here okay these are contracts up here at 63 20 121 contracts big player up here okay we know that with our large lot tracker which is a proprietary indicator okay so look at down here at 63 12 looks like a lot of liquidity here big big player down here with 95 contracts okay this is we're starting to understand what's going on here now the problem with this is the with the dome is that these numbers change they change all the time in it and we we have no clue what was there once it updates okay there's a lot to remember here and that's a that's an issue okay so how book map solves that issue is with the heat map okay so we take these areas of high liquidity and they'll be painted in this window here and the heat map okay so you'll see that the heat map change in this window here okay that's the adding and pulling of liquidity okay now this is recorded and then it's plotted onto the chart historically so now I'm starting to understand where they are in the in the auction here on the offer and these little striations in the in the heat map as to showing the adding and pulling of liquidity that's all it showing but that's offering us a lot of transparency here we're starting to understand these players and their intent to trade at these levels okay so for example we can answer this question right here at 63 12 did this these players here providing high liquidity do they want to trade we're gonna answer it here in real time no they don't they don't want to trade here okay why is that well because they're pulling the quity when price comes right down toward them okay they're they're they're adding it and pulling it but look at look at how they pulled this liquidity right when this the sellers hit the bid into this area here okay so these these players at this level did not trade okay we just see large aggressive selling just took place here so maybe we'll come down and now test a higher liquidity down in this area okay at 63 10 and three quarters okay that would be the target for the sellers okay that's the way they know they'll find buyers okay and there we are now did these these guys want to trade no they did not okay now they're showing a little more interest here 63 10 and a half okay so it's just understanding the auction and just reading it just like we were now in real time okay understanding that the the market needs liquidity to trade it's searching for it the sellers are searching for the buyers okay the buyers you know if they're looking for sellers up they're up here now at 63 13 right so now we have the complete picture of what's going on in with this instrument okay we understand where they're committed with the with the volume dots we understand micro structure now structure breaks and where the volume is trading within that to give context to potential breakouts or or trending environment as well as understanding the intent of the traders at these levels okay this is a very very clear and objective view of the marketplace okay it's not it's not an indicator it's not a derivative it's just the market and and we're understanding the market and reading the the intent of the traders in the auction and and their transactions okay what is the number in the brackets Tom okay well this is a new feature I'm gonna actually I'm gonna send you to a video and because this is a unique new feature and it's it's gonna be extrapolated into even more information in the next release of bookmap but basically this number the white number is showing you the aggregate of the last traded volume and then we're seeing them if they continue to like hit the bid or lift the offer you'll see it aggregate here in in the parentheses all right all right let me let me find that video for you and let me show you where you can find these videos okay so bookmap on YouTube scroll down here let's click on features and components okay this is the playlist here we'll scroll down here and our new feature is right here the aggregate volume counter okay so I'm gonna copy this and I'm gonna put this into the chat for you all right it's about four minutes three minutes 52 seconds and yeah it'll explain it in detail it's a really nice feature a lot of trade a lot of professional traders have asked for this so that's why we're providing it to really understand that this is very detailed order flow understand like you know hitting the bid lifting the offer and you know these are traders that are very aggressive looking for just a tick or two in a lot of cases okay they want to understand where where those little micro rotations may take place okay all right guys well that's the overall let's let's call it a day if you are in the the bookmap trial then jump over to the webinar starting in just a minute here and then we'll go through the advanced order flow analysis okay okay so it comes with the free trial for 14 days all right guys yeah take care and we'll catch up with you tomorrow