 Okay, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap Wrist Disclaimer, Trading Futures, Equities 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. There is a free trial, comes with education. Okay, you get it for 14 days. You also get the access to the Bookmap Educational Course and then access to the live advanced order flow webinars. They're at 11 a.m., so immediately following this webinar. And we cover and support the material that is in the educational course. So you can read about it or follow the videos here in the educational course and then you can see it in the live markets and then how Bookmap works with the education. Okay, there's other resources as well and you can reach out to us at support at bookmap.com. Here's the website. Just a quick review here, scroll down. There's an intro video, information about Bookmap. Bookmap for equities, I'll go over this in just a minute. It's a great data feed though for NASDAQ TotalView. It's all U.S. equities, but you can read about the advantages here. And a bit further down, connectivity. So we are a financial trading platform. Just like you see others here in this list, like Ninja Trader, TTX Trader Pro, and Interactive Brokers Traders Workstation. We also connect via the API of these three platforms. But we are a platform just as they are. So you can connect Bookmap directly through your data provider or broker like CQG, Rhythmic, Gain Capital, S5 Trading, IQ Feed, Transact Data, and then Dev Expert. So this is the connection for U.S. equities with that NASDAQ TotalView, all right? Okay, a bit further down, the pricing information. So you get that 14-day trial period with Bookmap. There are a few different versions here. Bookmap Basic, Advanced, and Quant. 49 per month for Bookmap Basic, 99 for Advanced. It's really one version. To be honest, it's Bookmap Basic. The differences between these two are the add-ons, okay? So the ability to trade right from the chart here. That's the one-click trading, as well as the large lot tracker, which spots larger players holding the majority of liquidity at specific price levels. So not only are we showing order flow, but we're showing larger players as well. So starting to get deeper into the order flow. Volume and balance and order book and balance. Again, another indicator here, proprietary indicator that we put together. All of these are proprietary indicators. The iceberg detector, though, will spot larger players that are using hidden orders instead of showing it in the limit order book, all right? So again, looking for those larger players. And then there's a correlation tracker so you can have multiple markets and see how they're all correlating together. Quant, you will have specific needs, okay? This is really a more customized version. It's not, I mean, most Quant's that we work with, they'll have very specific needs. And they want Bookmap's visualization, but they're looking for specific needs to be met like connecting their data or their own proprietary indicators, et cetera. So we can work with you, you can learn more here and reach out to us and for their Quant needs. Okay, a little bit further down. So there is a link here for free data for two weeks. Many of the data providers offer. So they give a free trial for 14 days and you can get Bookmap for 14 days. So if you're new to futures here, that's where to go. Get your data, try Bookmap and see if it's something that works for you. I can't decide which plan you want. You can click here for their features and comparisons. All right, social media. Follow us on Twitter at bookmap underscore pro. And then on our YouTube website, okay, there's all sorts of videos here. And you can see the playlists that are listed on the front page. I would recommend looking at some of the intro videos, then look at some of the features and components videos. And then follow up here, this is where we go through this kind of data here, these order flow video snippets in detail in the live markets during the advanced order flow webinars. So this is order flow phenomena. And these are concise videos that go through it and identify it. I think you'll find them very helpful. And maybe you wanna give Bookmap a try and then attend those webinars and you can see we go through this kind of stuff all the time, all right. Okay, that's that. And let's take a look at Bookmap and what's going on here. All right, we'll take a look at the NAS, oh, this is oil. Okay, let's take a look at NASDAQ. Okay, all time highs yesterday, just off to a tear. Whoops, that's the ES. Here we go. Okay, so let's just take a quick look at the chart here and what Bookmap is displaying, all right. So it's just go through the basics. There's three elements on this chart and that's it. So it's not complex. It looks like it's complex, but you'll see what I mean as I go through this here. Three elements here on this chart are historical, best bid and offer. There is no aggregation whatsoever. It's just historical best bid and offer. And then you see these volume dots. It's volume that traded on that historical best bid and offer. And then you see the third element here is the heat map. This colored heat map here. What the heat map is showing you is traders that are lined up in the book. So these are traders here that wanna be sellers at these levels and down below price is where they wanna be buyers. So we usually look at that information here in the limit order book, right? In the dome, your depth of market. The problem with the dome here is that you see these numbers changing constantly. Well, there's no recording of it, okay? We record it. We record it with the graphics here and then we plot it onto the chart historically. So now you can see the behavior and understanding of these players and their intent to trade at these levels, okay? In the auction. And that's the unique prospect here in Bookmap. So let's take a look here. And I'll demo those three elements here and the insight and clarity you're gonna get using Bookmap just with some such simple visualization techniques here. And we'll do that by showing the candlestick chart. And I'm gonna take everything else off the chart, all right? So here's a candlestick chart, okay? Five-minute candlestick chart. They were all very accustomed to candles, reading the bodies, the wicks, understanding buying pressure, selling pressure, et cetera. Problem with the candlestick chart is that there is just a lack of transparency, okay? It's aggregated data within a five-minute period. And that's a problem because there's all sorts of detail within these periods that we don't see because it's aggregated. So we can very simply turn on the historical best-bidden offer and I'll show you what I mean, okay? So for example, just right off the bat, nice little move here to the upside. And look at the retest back to where we broke from, okay? This candle here looks like it's getting kind of bearish. You're seeing selling pressure come in. You're seeing a wick on the top here and some sellers come down. They didn't break down below the low here from the previous five-minute period, okay? But you know, sellers are coming in. Well, all this is is a pullback to where we broke from here. So we're looking at all sorts of microstructure that we can see within the chart, okay? Same concept, let me demo it here. Same concept is repeated again and again. Okay, here's a structural level, okay? Note how we broke above it here and we traded up in a new structure here. And again, here, and then we can see a little break here as well, but bigger picture would be this break here, okay? So now you can start to see these structures, okay? That's lacking here in that candlestick chart. You just don't see that, all right? So that's very easily to or easy to display that. Just with historical best bid and offer. So we're understanding microstructural levels. And that's the first step in improved visualization because it's not aggregated data, okay? Now let's turn on the volume. And where is the volume? Here it is. Okay, so these dots here, there are transactions that took place on that historical best bid and offer. Okay, let me just bring down the size a little bit. And that's it, that's all we're showing, but we're showing very precisely the volume here. And candlestick charts don't show that whatsoever, okay? You don't understand where the volume took place within any period whatsoever here. They usually have volume in a sub chart down here, but it completely lacks transparency because you can't see where that volume traded precisely. You don't know what type it was. Was it aggressive buying or selling? You don't know about the microstructures and where it took place within those structures. And you don't know, yeah, just when, where and how much and what type, okay? So now we only have two elements here on this chart so far that I covered from the beginning. Okay, we're just looking at that historical best bid and offer and the volume. So let me zoom into an area here. It's a little pullback here. And let's look at that, okay? Well, it's going a little bit further here. Let's go in here, okay? This is it, just those two elements. Best offer, red line. Best bid is the green line, okay? Now you can see these dots here, right? These dots are transactions. Okay, these are trades that took place, okay? A green dot is an aggressive market buy, okay? It's someone crossed the spread, they paid up and they took liquidity off of the best offer. They didn't provide liquidity, they took it. That's what you get when you trade with a market buy and sell order. You pay up for it but you're not providing liquidity, okay, you're taking it. You're not waiting, you just want in. So you can see the red dot is an aggressive seller. And that's all we're plotting here, okay? Now the insights that you can get from this are tremendous though, okay? Because we can see microstructures and how the volume is behaving within these areas. That's something that is lacking in a footprint chart. Okay, you're not able to zoom in like this, okay? Now we're just, these are seconds here we're looking at between each vertical dotted line. Let's just zoom into this area here and this cluster of trading, right? And I'll show you exactly what's going on here, okay? Note how we zoom in here and I pull apart that big cluster, okay? Of volume. And now we're down at microsecond level. We can continue to zoom in here and we can look at nanosecond level here. Okay, look at the timeline. We're looking at billions of seconds here, all right? And let me zoom out and I'll just show you what a blink of an eye looks like here. Okay, this is how fast these markets trade, which is just crazy. So let me get this lined up correctly. Is that right? So I'm looking for 200 milliseconds is an average blink of an eye. Now we're still not there, okay? I'm gonna go 600 to 800, almost there. Getting there, okay. So from here actually, over to here is the average blink of a human eye, right? 1024, 27, 600 milliseconds to 800 milliseconds, okay? All of this took place within about a quarter of a blink of an eye or a third of a blink of an eye, okay? And we're able to show you every single market event, how it really unfolded, okay? Now, for those of you who are quants or you're trading algorithmically, this is, it's amazing to see, okay? You can really see and optimize your automated strategies, okay? You can also use this for replay mode to see exactly where you traded. Now, most of us don't trade off of those levels. So this data and showing every single event like who cares, what good is it? Well, what we're able to do here as we zoom back out, note how we're just aggregating visually, okay? Or graphically, putting this all into a composite in a bigger red dot, okay? So that's what you get when you zoom out. And I just wanna show that again because if I use this data tip tool, okay? I can show you exactly what traded here. This was a one lot. I get the date, the time, what was on the bid here at this price level and then the volume. This was one lot at 67.35, okay? This was another one lot trade. And this one's a little bit bigger, right? This is for three, all right? So that's what we're displaying. Now as I zoom back out and put this all together in a bigger dot and I hover over that, note how it has graphically consolidated it and gives me volume of 15 on the overall, right? If I continue to zoom out, note how I compress all of that data together and at some points, there's so many trades that took place that we have to display this as a pie display. So we can see that the overall delta and shape of the volume at this level over here was the majority of it was selling, no question, okay? A little sliver of it was buying. So there was some buying within this little cluster of activity, okay? So those are the two elements there that we're displaying. Now, and we can gain a tremendous insight by understanding volume within microstructure, okay? That alone is extremely valuable. Let's get into the third element here on the chart and we can take the candlesticks off, okay? That third element is the heat map, all right? So let's go back and look at the dome here, okay? So here we are trading along in the NASDAQ and this is all historical, historical best bid and offer and the volume it traded. To the right of this vertical white line here is the current market. This is your current best bid and offer, okay? This is your last traded volume, this number. And here's our price ladder and then here's our dome, our depth of market, right? You can see the depth here on the offer, okay? And depth on the bid. These are traders lining up providing contracts, liquidity with limit orders at these price levels. This is where they want to trade and they're willing to wait and provide liquidity at these levels, okay? And that's very insightful for us because we wanna understand like where traders are lined up in the auction. We wanna know that, that's good information, okay? It gives us insight to the, who might be in control here? You know, buyers or sellers or where are they really interested in dealing? We wanna know that information. The problem with this dome though is note how it updates so quickly and these numbers change. And now what? Okay, you have to remember there was high liquidity up here at maybe 57 or did they pull? Did they add higher? We don't know any of this data, okay? What about the areas around it? Are they front running? Are they pulling their liquidity and adding it higher? It's a lot of information just on the offer to understand. And that problem is alleviated here because we record that data, okay? So areas of high liquidity, okay? We saw the areas right around here, okay? Well, here's high liquidity at 57 and a half, for example, all right? And we can use that data tip tool again and show you exact numbers. And if I hover over these areas, note the date, the time, and then liquidity. It was 49 contracts here and then the heat map got brighter and changed color, okay? And it went from 49 to 67 and then it got even, well, you can see the scale here. It goes from dark gray to blue to white to yellow to orange, all right? And the orange here is 84 contracts. So this is the brightest or the most liquidity, but we can also start to understand that the intent of these traders at these levels, and we just got our answer right now, okay? We traded up through that area and these guys pulled their liquidity. They did not want to deal at this level, all right? Okay, so we can see that. Now look at this price goes away, they jump back in. Okay, so, and then they just pulled again, all right? So we can see that these guys really don't want to trade up here. And that gives us a lot of insight, okay? Very easily and graphically, we don't have to memorize the numbers. Where do they want to trade? Well, the target would be up here at 60 now, okay? On the offer, the higher liquidity, okay? We can start to identify all sorts of things here. We can see individual actors and players. For example, in this area here, very, very clear example. This would be hard to read in a dome, okay? If I zoom into this area here, this is an algo, okay? And look how it has liquidity here at 56.75. They pull it and they add it. At the same moment, they pull it, they add it higher. Okay, then they stay here for a little bit and they start pulling and then they add it higher again and higher yet again, okay? So we can start to read their behavior, okay? That's the kind of insight you can get just from simply recording the auction. And now we can use the dome and limit order book on much higher time frames, okay? So we can zoom out. We don't have to look at the just current market any longer to gain an understanding of what's going on in that auction. We can zoom out and we can see the bigger picture, okay? Now we can use the dome on much higher time frames. This is a phenomenon called flip of the book here. You can see that there's high liquidity at this 55 level here, okay? And then they flipped. As soon as price broke out of this area, they flipped and now they're on the bid. They were on the offer, they are on the bid now. They wanna be buyers here at this 55 level, okay? And so what does that mean? Well, it's kind of what we covered earlier about these microstructures and putting together an understanding of the microstructure, the aggressive volume here, a lot of buying pulling price up and then an aggressive auction as well. They wanna be buyers down at 55 or up at 55, I should say, okay? So going back to those structural elements, we can very clearly see it here to here. Supported by the volume with the volume dots, okay? And so this clear it here. But so you can see the volume dots. So you can see the aggressive buys pulling the price up. So buyers are engaged here. This is bullish, all right? Target is 60, that's where they are. And then you can see that in the book here, they're bullish too. They wanna be buyers at these higher levels, right? So now we're gonna complete picture, not just of current market, but historical. And that can lead to all sorts of things. So if we come down to this area here, we wanna see first if these guys are willing to stay in the book and trade, okay? This could be an opportunity to buy down at these levels here. You wouldn't be able to know that or see that without book map, okay? So we just trade it into it, all right? And let's determine, did these guys trade, right? Let's just zoom in here, okay? And what was the liquidity at these levels? So 76 contracts, okay, 71, they start to trade into it and they're starting to pull some. But overall, okay? We see that at 55 here, 71 contracts traded. And we know that in our volume column. So that's fact. So a lot of this liquidity was, some of it was pulled, but the majority of it traded. So these guys are now long in the market. Okay, they had the intent to trade. So we just made the distinction between fake liquidity over here where they pulled. They didn't wanna trade. And real liquidity where they did wanna trade, okay? So if you see that kind of activity, maybe, you know, we always see a little bit, not always, many times it will go through a little bit longer, a little bit further. And then they'll come on the other side and they'll lift the offer with aggressive buying. And if you're bullish, well, you just traded to the outside of the range here, probably triggered a lot of stops. And you can trade this back up into the mean, okay? And we might be seeing a shift in the order flow right now. But you could have traded it back to the mean here, which would be your high volume node, okay? Or if you're still bullish, you would hold it and look for the other side of the range and target the 60 area up here, or 59 now, okay? Now, why am I saying that this is potentially bearish now? We might see a flip, okay? And the reason being is that we broke this microstructure and we pulled right back to the bottom of the range here. Okay? And we didn't find buyers there, okay? So this is a pullback to where we broke from and then it went down lower now. So now are we gonna see a shift? Is price going to now start to accept at lower lows? Okay, we wanna know that, okay? Oh, I'm sorry, Edson, I see your question here from quite a while ago. Oh yeah, I mean, I've looked at the Brazilian markets as well and through that Cedro connection and it's great. It shows exactly the same data here. Yeah. Yeah, I really like it. I think those markets, you know, I think book map displays a lot of really nice things in there, you know, the clarity is pretty good, okay? All right, so yeah, it looks like now, reading this could be a potential reversal here, okay? But there's a few things we look for in that reversal, okay? And it's a little muddled in this example here, but we wanna see the aggressive selling here, and we do see a lot of red, okay? A lot of aggressive selling pulling the market lower. So we're probably gonna come down now and test this 52 area, okay? We'll see, but it's a little muddled here because there's a nice cluster of buying up here. So in reading the order flow like this, it's not showing the, it's telling you, it's giving us clarity, it's telling you that there is something here, there is nothing here in terms of opportunity because we see aggressive buying up here and aggressive selling down here. So we're looking for sideways action, okay? So you could, I mean, take that forward and look for maybe buying some of the lows down in these areas, trade it back up, and then some of the highs up here, short it and trade it right back down, okay? So you can go from trending market to range bound market, or if you're bearish and you think this is a high level that, I don't know, fits your fib levels or whatever, and you wanna start layering into the market, you can also do that as well, all right? Anyway, guys, let's wrap it up. I've gotta jump to the next webinar and we'll take it from there, okay? Okay, everyone have a good weekend and we'll catch up with you. Okay, so Monday is a holiday, all right? So there is no webinar on Monday, but we'll see you on Tuesday, okay? All right, thanks guys, take care.