 Okay, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap. First things first, risk disclaimer, trading equities and futures involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. For more information, go to bookmap.com and there is a free trial that is available for 14 days. Once you sign up for that free trial, you have access to a lot of the free resources at Bookmap. For example, the Advanced Order Flow webinar that starts in about 30 minutes and there's a lot of other resources as well. So you've got nothing to lose with the free trial. It's 14 days. See if you like it. If not, let us know and we'll cancel it. Any questions that you have, you can reach out to us at support at bookmap.com. Okay, let's see here. Let me show you where you can find it. Okay, so if you go to bookmap.com here, click on explore. Okay, this is where you signed up, I imagine for the free webinar here that you are already attending. Once you're a member, you can click here. Let's click on explore, we'll come down. There's some intro videos here. So if you're brand new to Bookmap, then I would recommend watching some of these intro videos so you get a feel for what Bookmap is. And then let's scroll down here. So we're gonna go down to, you can see some of our partners. So these are some of the broker partners that we have and you can connect Bookmap via a lot of these broker partners here, okay? You will need to have a data provider. Bookmap is a platform, we're not a data provider. So you can see the ways that you can connect Bookmap here through stage five, for example. They offer a stage five Bookmap, but they also offer many different connectivity or ways of connecting Bookmap here through gain capital, CQG, rhythmic, et cetera, okay? So for example, if you also use Ninja Trader, well, you can connect Bookmap via the API of Ninja Trader, but just note that Bookmap is a platform on its own just like Ninja. So if you are connecting your Ninja through rhythmic or CQG, well, you can just use your credentials for rhythmic or CQG and plug it right into Bookmap and bypass the API of Ninja, okay? This is the same with trading technologies, a TT XTrader Pro, it goes through the API, and then that's also the same for the Interactive Brokers, it goes through the API of the Trader Workstation platform from Interactive Brokers. Now, other data feeds, as you can see here, we've got CQG, rhythmic, gain, EQ feed, transact, and then dev experts here is for the Bookmap for equities, US equities, and I can answer any questions there that you have about US equities, I have some markets that we can take a look at as well. So let me know if you have any questions on that, and then also through Tradeivate. Tradeivate is web-based, but we also offer the connectivity through Tradeivate. So here's where you find Bookmap, all right? So under the pricing tab here, there's two, well, there's three versions, or there's different features for Bookmap. There's the basic advance and the quant, okay? So the basic version, you can see here, 14-day trial period is 49 per month, it is billed quarterly though, okay? So it's basically 147 for three months. And then there's the Bookmap advance, that's 99 per month. Now the difference between the two are the add-ons and the ability to trade right from the chart in Bookmap, which is a nice advantage. And then you can see all these add-on indicators that you get, there are some other differences as well, but these add-on indicators are more geared for the order flow and not your typical moving average or stochastics or RSI. It's much more geared toward order flow, there are things that we've developed over the years here, like the iceberg detector, order book and balance, volume and balance, large lot tracker, looking for larger players, et cetera. And then there's Bookmap for Quants, and you can click here to learn more about that and look into some of the quant features. Okay, so that's Bookmap, let's see here, other resources or you can follow us here on Twitter, as you can see, and then there's the Bookmap YouTube page, you can subscribe and when new videos are uploaded, you can get alerted for that. Just wanna show you a few different things. First is the, there's an intro video here, as you can see, and then there's features and components, there's a playlist, this is a playlist here. So you can click on this playlist or you can watch each one individually and continue to scroll here, as you can see. It just goes through all the different features and components in Bookmap, okay? Order flow video snippets here, they're very short and concise, but they go through order flow phenomena that Bookmap visualizes. This gets more into how to trade using Bookmap, okay? What Bookmap is showing you and how to utilize it. This is what we go through in the advanced order flow live webinars that start at 11 Eastern, okay? You have to be in trial or a current customer to have access to those. And then you can see down here, this is all of the, these are all of the webinars from last week that were recorded from our ProTrader webinar series. We have a list of professional traders here that use Bookmap and you can see how they use it, okay? And for those of you who are not in trial yet and you wanna get a feel for what those live order flow advanced webinars look like, you can access some of these here, okay? And then we have a professional trader here as well, a futures trader, 71, if you wanna watch some of these and see how he uses Bookmap. All right, that's it. So let's get into Bookmap here, all right? And just seeing a lot of activity here due to some of the fundamentals in Europe and the dollar strength coming into the market. I wasn't sure really what to cover here. Let's take a look at the ES, I think, or oil market is pretty active too due to that dollar strength coming into the market. But what we're gonna do here is we're just gonna go through the basics in Bookmap. I see a lot of new faces in here in the webinar. So we're just gonna start with what is this stuff? What is Bookmap showing you, okay? Because there's a lot of components here. Now, that said, it's actually really, really straightforward stuff. This is not some sort of derivative of time, price or volume, it is truly a very objective view of the market, all right? And I'll get into that here. So I'm gonna close down some of the, there's an indicator panel that we have there for cumulative volume delta, I'm gonna close that. And yeah, we'll stick with oil, all right? So let's take a look here. Okay, so I'm gonna take off a lot of the information here. Okay, no indicators, no heat map, okay? And we're just gonna put on candlesticks, okay? And I'm gonna change the candlestick to not one minute, but let's look at five minutes. Okay, good. All right, so most of us are very familiar looking at this view here, okay? We have five minute candlestick chart of crude oil. And you can see the wicks, you can see the bodies. Now, the problem with the candlestick chart is when we look at this, we're only looking at four data points per every five minute period, open, high, low and close. Okay, candlesticks are pretty good. And you can start to read some of the bind pressure down here with the wicks, okay? And you start to see some of the candles here. That's not bad, but there is just loads of data here, very insightful data that is missing in this candlestick chart. And we have no access to it whatsoever. For example, we have no idea what kind of volume took place down here, where it took place, and how much. Okay, we have a volume sub chart here, as you can see. But still, it doesn't make those distinctions in the volume. We wanna understand that, and it's gonna lead to much more insightful trading decisions, okay? So what I'm gonna do is I'm gonna turn on first off this just the historical best bid and offer, okay? This alone is already quite helpful, because now the candlestick chart is going to show that five minute period, but there's all sorts of trading activity that took place within that five minute period. And I can show you exactly what I mean here. So let's take a look. Right in this little microstructural area here, there's some insight. And the candlestick chart is not showing it, all right? So let's zoom into this area here. What I'm gonna do is I'm gonna click on the move tool here, the hand. I'm gonna hover over this area and I'm gonna zoom in. Instead of using the zoom tools up here, I can just very quickly use my center mouse wheel and scroll in, okay? So now you can see I've zoomed in here and between each vertical dotted line, we're looking at one minute of data, okay? Here's our last five minute candle, and then all of this data here comprises this candle. In the historical best bid and offer. Historical best bid is the green line, historical best offer is the red, all right? So what I see here already in this little microstructural area here that is completely lacking in the candlestick is I see some activity in this area here, okay? And then I can see that we accepted above this little microstructural area and we continue to the upside. This is where we're gonna see the buyers, I imagine, okay? We're gonna turn on the volume here in just a minute, but we're probably gonna see in this area here the aggressive buyers stepping into the market, okay? And that's where we're gonna get the insight in book map, okay? We can see here, okay? You can look at this microstructure as I zoom out a little bit and now you're starting to see clearer picture of that and we're gonna see a shift probably in the volume up in this area, okay? So let's do that. Let's turn on the volume dots and here we go, all right? So we can see the move to the downside, some sideways action here, real quick move to the downside and then right back up and actually this area here, we can see it. We can see the aggressor come in here in this area and pull price up, but look at this cluster up here. There's a lot of buying up in this area. There's a lot of activity up in this area, okay? And we can zoom in here and get a real feel for it and know exactly if we have more buyers than sellers and we can just look at the volume dots, okay? What are these volume dots telling me, okay? Well, let's go over that. The volume dot is showing you here the aggressor, okay? So there are so many trades that took place in these areas here that we actually have to divide it up and show you the overall delta using this pie display dot here and it shows you that for example, in this little dot here, you can see that there is more buying than there is selling. Okay, not a whole lot more, but there is more buying. Okay, the pie display shows that, all right? So now I can continue to zoom into this area and this is an important distinction in book map. Let's hold, left click, hold and drag and let me continue to zoom in here. Note how I'm pulling apart all of that trading activity and I'm showing you exactly what occurred here, okay? We'll continue to zoom in here and I'll continue to zoom into this dot here, this flurry of activity and what we're gonna see is exactly what occurred here, okay? Now look at the timeline down here and we're at the microsecond level, okay? So what occurred here was an aggressive buyer. They came into the market and they lifted the offer very quickly, okay? 53 contracts traded in this area here, I know that. In our volume profile here, it shows me, okay? And let me get rid of the VWAP here just so you can see it without that white line and I'm also showing you exactly that it's all green here so we know that this is the aggressive buyer. Green Dot is an aggressive market buy order, okay? We use the aggressor classification of volume displayed here in Bookmap. Why is this considered aggressive? Because they cross the spread, they want it into the market and they hit the market buy button, okay? That is aggressive compared to limit orders waiting at specific price levels to deal, okay? So Green Dot always takes place on the historical best offer and it takes liquidity from the best offer. It took 53 contracts out of these 131 here, okay? We'll get into the dome here in just a minute, okay? Now let's zoom out here and note how when I zoom out, I consolidate all of that volume into one big dot, okay? Now we can use this rollover tool, hover over it and it shows me exactly what occurred here. We already verified it was 53 but if I hover over this dot, what we get is the date, the time, what was on the ask here, which we already knew as well, which was 131 contracts at 51, 26, okay? The price level and the volume at this price level which was 53 contracts, okay? Now 92 here showing you a lot more trading activity but we'll continue to zoom out here and here's what the aggressive sell looks like, okay? Hitting the bid, okay? Let's zoom into this area. So this is for 14 contracts here but most likely it's gonna be broken into several contracts and it is or several orders, okay? This was actually for, looks like a volume of nine contracts but it looks like that was just one trade event. We can find out exactly if I make a new column here and I'm gonna turn this into a different data type, a trades counter, okay? Now it's showing me exactly what occurred here. Trades counter is showing me one trade took place within this viewable range for volume of nine, okay? So why I'm going through this detail because we don't trade at these levels, you know, millisecond or microsecond level but we want to see what exactly occurred in some of these areas. Maybe you wanna see in debrief your trading, you have every single event here recorded. It's all here, okay? Now as I zoom out, you're gonna start to notice the pie display, okay? And it gives you the overall delta and understanding of what occurred at these areas. Why is this important, okay? This is important because if you're looking at like a footprint chart or volume profile, this is gonna be aggregated, okay? And you're gonna miss a lot of detail that is insightful, microstructural areas being broken and accepting above those areas, okay? And that's where Bookmap is helpful and gives you a leg up here because we can see for example, in this little area right here, well, we can see that the aggressor came in, they lifted the offer and look at the retests right here in this little area. Where did it retest? Right where they found these buyers, okay? These buyers come back in and support it. Well, they did up here, okay? And they lifted the offer further and we get price discovery to the upside, okay? Down here, the sellers really kind of dried up. What exactly occurred here? Well, we have volume of five, one, and one, okay? So, very few contracts traded here. They were not interested in taking on these buyers and the buyers stepped right back in and lifted the offer further, okay? That's what occurred here, all right? And we have all of that detail. Now, we've just gone through just the traded volume, okay? There is a whole nother side to the order flow here that we haven't covered, okay? And that is the limit order book, okay? So, let's go to the current market now and take a look, okay? Let me get out of the data tip tool. In the current market, and let me close one of these columns here. All right, there we go. Okay, so the COB column right here, this is the current order book. All right, now I've got it, you can just right-click in this area here and you can format it different ways and you can see the different data types here as well. So, I've got current order book selected. This is the dome and book map, okay? To understand the limit order book, usually we just, we go to the dome and we have that data here. What's going on in the dome here? Well, these are traders lined up to deal at these specific price levels, okay? We can see the numbers here. 210 contracts up here at 5140, all right? These numbers change all day long, okay? Here's your best bid and offer current market right now, okay? It's also reflected in this window here, okay? This is your best bid and offer right now and this is the last traded volume, okay? So, we see bullish activity still coming into this market, right? And they're trying to lift the offer and maybe get up here above the swing when we'll see. We want to understand and consume this data here in the dome just to understand where they're providing liquidity, okay? Where the seller's lined up. It gives a lot of insight and the buyer's lined up to where they want to deal and it gives you that insight that if, for example, you see there's a wall of liquidity here, okay? A lot of sellers and they're staying in the book. That's giving you insight. You've identified the sellers, okay? Usually we see that here in the dome. Now, the problem with the dome is that the data here, once it refreshes and that data is gone, okay? It's great for understanding the current order book but if you want to understand what those areas were like previously, you'd have to memorize it, okay? That's where Bookmap solves this issue, okay? Because we record the limit order book, okay? And how we do that, okay? It's in this window here, okay? Here's our best bid and offer, last traded volume and it's with the heat map, okay? The gray scale. So right away, looking at the gray scale heat map, I know where there's high liquidity, 5140 and we just tested through this area here at 36, okay? So it looks like they want to come up here and test these guys up here at 5140. And we'll get into a little bit of analysis here. We don't have much time left but what occurs here is the high numbers here in the limit order book are given a bright area, right? That's the way the heat map operates. Now you can adjust for it over here with the contrast configurations, okay? And there's also a quick little slider here that will do it for you as well. And what we want it to do is get an overall feeling of some of these areas of high liquidity and how they're behaving at these areas, okay? So that's done with the heat map, okay? Now you can see how the heat map and the numbers change all the time, okay? So where this gets really interesting is the, and now we're coming up in just one take away from 5140, it looks like we're gonna test it, okay? So was that magical? No, it was just understanding the order flow and understanding the liquidity, okay? And it looks like it wanted to test it here, okay? Now they didn't even come into it right now. So interesting stuff there. I thought for sure we'd take them on but we'll see if we get another rotation here. And anyway, where this gets really interesting and insightful is that we record this data, okay? Historically. So areas of high liquidity or any liquidity here, when you see the heat map change and these numbers change, that's recorded, okay? So what does that recording look like? Well, it's these striations here, like in the heat map. Okay, so for example, coming down to a quick sell-off from 39 down to 5130, all right? So the buyers didn't take these guys on it at 5140. But look at the, they're starting to get interested here at 5130, they're coming back into the book. So these striations here using the data tip tool, you can see we had liquidity here on the bid, 169 contracts, okay? And then it got a little darker here, very quickly, just down to 164. And then it got brighter again, 169, 162. And then look at this little bright area here, it went up to 176, okay? Now, as price is coming down, these guys jump back into the book with 215 contracts, okay? That gives you the insight. You can start to understand the behavior of these guys providing liquidity at 5130. They're showing buying interest here, okay? And that's where Bookmap can help you, because you can start to understand the behavior of these traders here and their interest and their intent to trade, okay? So we're putting all of those pieces together now with the intent to trade from the limit order book and the historical limit order book and the traded volume, okay? And that gives you that complete picture of the order flow. All right? Okay, so at this point, we can probably turn off the candlesticks and just look at and turn on the add-on indicators as well. Some of the add-on indicators what we're showing here gives insight as well, okay? And let me cover that. So for example, look at this little area up here, okay? We just came into this area, one tick away from this high liquidity. Well, we have a pretty big iceberg order that kicked off here, all right? I see 225 contracts up at this area here, a little bit below actually, maybe 38 or 30, yeah, it looks like 38. There was hidden liquidity here, okay? There was an iceberg order and we identified it with our add-on indicator, okay? That adds another layer of confluence and insight to these areas in the order flow, okay? Looked pretty aggressive. We saw we were looking for them to come up and test 5140. Well, now I have more insight. Right before that area, 225 contracts in oil, in the crude oil, this is pretty significant, all right? That's quite a few. So they're hiding their liquidity here, getting filled without providing it in the limit order book and we have a quick sell-off and rotation, 10 cents, okay? So now it's a good example of some of the insights that we're getting up at some of these levels here, okay? I thought we would test 5140. Well, now I understand why we didn't because they're getting filled beforehand. This is kind of a trick that you see a lot of times that they will front-run this area with their iceberg orders and you see the aggressive buyers trying to get up to that liquidity here but they're getting filled here at 38 instead, okay? You'll see tricks like this or insights like this all the time and that's just basically how the market operates, okay? All right, guys, well, yeah, thanks for coming and we'll call it a day here. If you are already subscribed to the product or in trial then I'll see you in just the next minute right over in the advanced order flow analysis, okay? All right, take care, bye-bye.