 Good morning traders. This is Bruce at Veloxpro. If you can hear me and see my screen just type yes. Thank you Thanks Gary Yep. All right. Good morning Francisco Okay, well, let's get started And we're gonna look at a book map and then the order flow within book map here And we'll start with the risk disclaimer trading futures and options on futures involves substantial risk of loss It's not suitable for all investors past performance is not indicative of future results More information go to book map calm become a member there You have access to the free resources and any questions reach out to us at support at Veloxpro.com Okay, the free resources and where you can find book map for a free trial Go to book map calm. This is click on the pricing tab when you enter And you'll see the basic and advanced version. It's Monthly subscription for 49 per month or 99 per month. They are billed quarterly And you get them both are depending on which one you sign up for for a 14-day trial period Okay, you will need to put your credit card down, but you are not charged the Difference between the two is These these add-ons here, okay And especially the top one here the one-click trading to be able to trade right from the chart which bodes well if you Want to develop or utilize automated strategies within book map. Okay, we now offer that with our new API so you can Turn on and off the automated strategies and ask questions here. We're going to go through the order flow but ask questions about Some of those strategies how they work You know me and how you want to develop for them Whatever, I mean, they're they're Java based and this is a big direction for us. So it's Being able to utilize the Very very Robust visualization within book map and the order flow and the limit order book Evolution along with Automated strategies. Okay, so you're going to be able to see very clearly how Your strategies are working. Okay, and I'll show that to you this week sometime here Okay, the free resources. All right, so I just Click on the Portal or education tab here And then you'll see a list of all the videos. Okay, there's the educational videos here all the reward Recorded webinars are here. So if you click on this link here, that will take you to the YouTube page and And you'll see all the recorded webinars. So I thought I put up Yes, oh, yeah, I did. Okay, it's here Mondays. Here's Mondays right here. Okay, so You can watch yesterday's if you want and There's also all the links here for for these video snippets that we put together. They're very Concise videos about three minutes long very helpful for understanding the market phenomena that we're witnessing in book map and Digest that information you'll be able to see the And understand the phenomena in book map and you're able to integrate it within your trading a lot quicker Okay You can see also the pro traders series. We had other traders Outside of book map present and you can see how they Trade their methodologies and how they look at the order flow with book map. Okay, and you can also see other collaborators here as well All right Let's see we also have a if you want to look at a new Article that just came out from from Wilmot and this is serving the quantitative financial community So I'm gonna put this into the chat so you guys can click on that link there if you want to see it To find out more about book map All right, and what else Yesterday I wanted to go over yesterday just a quick review of what we saw. Okay And We were witnessing this and I just have a screenshot here With the order flow here's our 930 open here. Okay, and We were witnessing this this low here at 67. Okay, we drew in our levels here and We were noticing a lot of interest with heavy liquidity down at this 67 level. Okay, and we're starting to notice a bit of a shift the price structure here at 69 69 and a half was broken And and but then we noticed that the breakout here was very shallow And we had a lack of volume above that 69 and a half area Okay And we were looking then for a rotation back down To maybe test these lows. Well, that's what we saw very very aggressive liquidity on the bid in this area here, okay, and This was this was really important and it was Recognized during the webinar. So if you want to go back and review, you know, we this was significant liquidity They're bidding up at a higher level. Okay, this is something we look for now We also covered that You know, there was a there was a really nice breakout to the upside for the rest of the day okay, and But, you know, all the pieces weren't there and this is what this is what I want to cover right You know looking at the order flow We look at the limit order book and we're answering a few questions and we're going to go over these questions again Today and tomorrow in the next day And we answer these questions about how is the auction? Behaving, you know, how are they reacting with their liquidity where they want to buy and sell? And this was significant here. Okay, but we're also putting together the tape, okay The transactions the traded volume. Where are they trading and this was not very significant? Okay, and it being Monday as well as There's some some more important news coming out at the end of the week and then FOMC the following week, you know, it just it just was not enough here in terms of More volume trading at a higher high. That's what we're looking for. Okay, and we did not get it here Shallow breakout and a lack of volume. Okay, although we did get this move to the upside You know the the order flow in this case was giving us Clues to we're not not the complete picture. All right, so Anyway, you know that started to change over here. Okay after the webinar Was over you're starting to see these clusters of volume here starting to trade at these higher highs All right, we wanted to see this kind of activity over here. All right Yeah, this is the ES and So anyway, that's just a review from from yesterday and we didn't have all the pieces of the puzzle All right Okay, yeah, lovely kitten. Yep seeds is watching the order flow there So let's move on and get into looking at the the order flow here All right, so we're going to look at our again our higher levels of interest Regardless of how you trade and then we're going to look at the book and the microstructure And that'll allow you to pinpoint your entries and exits. Okay, so here's a half hour chart on the ES And we can see the back and forth that we saw yesterday right in this area here And it looks like it's a very similar Has a downward slant though to it still you can see that we're not really Today for example, we have not broken to the overnight high here. Okay at 75 came up and tested it and sold back off and That's that's the half hour chart. Okay, so Let's take a look at a five-minute chart And start to outline some levels of interest Okay, our levels here are not not not so bad from from yesterday. You can see here 71 still rather in play here And this 69 area kind of in play and we had this 67. Here's our 67 from yesterday Look at the spike down below it. Look at the rejection This is what rejection looks like obviously on the candlestick chart. Let me blow this up a little bit And and we see it trade back into the range to the other side Okay, and let's take a look at book map. What does that look like? Okay, here's our 940 45 area And look at the big volume dots trading down here and look at the liquidity being provided down here at our 67 level Let me draw in 67. Okay, so we do get a bit of a spike down below it a lot of volume trading and then Notice now here. We're starting to see the transactions taking place now. We hadn't broke. We haven't broken the This little swing here, but we do here. Okay, so we're starting to notice the transactions taking place at It's different they they were all on the lows here. Now. They're starting to take place on the highs. Okay Okay, and in terms of limit order book, let's let's zoom into these areas And let me get out of the tool. Okay, and what do we see in here? Okay, we're starting to see Well in terms of liquidity This this was the story here. All right. This is very different than yesterday. Okay, where are they on the bid? Well, they're still down here around this 69 66 and three quarters But higher liquidity up here around between 69 and 70 and a half okay, we trade into that area and And now at that point we want to see if we start to accept above this this swing, okay, and And you can see that volume is starting to trade and accept and time is passing by At this area up above this 68 and a half Okay, so that's a that's a good example of what it looks like in bookmap Okay, and then here's here's what it looks like in your in your candlestick chart Okay, here's the the kind of a sweep of the book up above this little area here Okay, this area here at 10 o'clock. Okay, here it is at 10 o'clock right here Okay, right there. So that's what that looks like Okay, and this this concept of sweeping of the book Okay, and shifting shifting of the book as well We don't really see a shift of the book of the liquidity, but we definitely see a sweep Okay, and that sweep occurs when you see them like in this little area here They break out of an area and they just continue to lift the offer you get nothing, but By volume taking the quity from price level to price level on up. Okay, here's a nice one here for example around this 10 22 area here. Okay, this is East Coast time All right Okay, and then what we look for when you get at that sweep of the book You want to see where the buyers are? Okay? Look at them providing liquidity at a higher level up here. It's pretty pretty bullish activity Now a lot of times what we get when that when you when you see this occur You know it depends on how bullish of a day it really is You know if there's been fundamental news that comes out You know you'll get a read return back to some of these these clusters here And then you'll see continuation to the upside Usually what we look for or what we see is we you see a breakout You see a return back to where it broke from to see if the buyers are still there All right, and you can see that's exactly what this liquidity here at 2370 represents Okay So these are some of the order flow Structures that we're looking for and and you can see these are very high time frames, you know I'm not looking at microsecond Data here we can still utilize the the evolution of this limit-ordered book To give us a lot of insight to what's going on at some of these areas Okay So yeah returning back down to where we came from it's a very common phenomena all right and What's going on right now? All right, so let's let's go back to the presentation here and We're going to go through our questions All right showing up to that auction. What is the current configuration of the book? Where are they auctioning? Okay, where are the bidders and where are the sellers? And then we want to we want to understand how they behave when price Approaches them. Okay. Do they get cold feet? Do they pull liquidity or do they add liquidity in or do they stay in the book? We want to gauge that behavior. All right, and then we also want to look at the transactions Okay, so Let's take a look at that behavior. Well, here's another another example of this You know, we had the breakout here, right and then look at this little swing here At 72 and a half. Okay. This is a kind of a flip of the book high liquidity here Sellers take them on. Okay, they trade through that area and then these guys that were here on the offer are on the bid are now on the offer Okay, so this this now we're seeing kind of a Let's get that horizontal line in here. Okay, we're seeing that price was accepting above 72 and a half retested Came up to 75 and then it broke down through this area. This is again sweeping of the book Okay, taking all of the liquidity here on the bid and they just trade right through it All right, and then price comes back up at test What to where it broke from? Okay, at 72 and a half. This is where it broke from you get a retest of that area And price now accepts down below it. You get one more retest here and you can gauge the activity here Let me get rid of that one. Sorry Okay, so we get the Retest back up into this area here and they and then not only are they staying in the book. They're adding into the book All right right in this area so you can see it okay price accepts and then what The the transactions and this time and acceptance you we get that price discovery to the downside This is what we were looking for yesterday in them, you know the opposite direction but So what we're getting here is that that that price discovery down to where we broke from down here All right, and now we're testing these guys in the current configuration of the book It's between 70 and 73 and we're testing these guys at 70 All right Yeah, you're right Francisco. It has not been tested yet One tick away right the sellers have not taken them on yet All right Okay, but we can still gauge The behavior and this is that that the second question here How are they behaving as price approaches them? Okay, well they as soon as a price started to kind of veer away here in this area You can see that they started pulling liquidity as price came down into these areas. They're adding right back in Almost 2000 contracts here at 70 very very high liquidity Okay, so we got to see though. I mean it's only one level of liquidity You know we can also the area around it. Are they front running it? Are they are other guys? You know are they bullish and they are are they jumping here in front a tick a tick ahead of them Or are they supporting it down below? Are they adding into the book and and no they're not it's just one level here Okay, so we're getting a read on that information as well. See this area here. There was a lot of buyers Okay, now the sellers took them on and traded through But you can still you can still look at this area here and and you can see their behavior Okay, so You know and and that's that's something that You know we need to We need to cover You know, although that these guys these guys meant business they stayed in the book, right? But the sellers took them on it doesn't mean that you know, I mean it's higher. There's higher probability Usually if you see a high liquidity here and and A price Comes down toward it and these guys stay in the book Well, they it just means that there are a lot of buyers the sellers need to trade through that area and if They want to have price continue To the downside and that's what they did. Okay, they took them on And they grabbed all of the liquidity here. These guys here these Traders on the bid got what they wanted. Okay, they got filled at these areas and you can see the transactions that took place Okay And then we see this order flow structure shift Right, they were on the bid now. They're on the offer Okay, and now we're coming down and we've tested that that 70 level look at these the little point here at 70 and a quarter and look at the the Aggressive sell volume here at these areas, you know, it really dries up one tick away from it We had 156 contracts that traded here. Okay, that was it One tick above it. We had almost 5,000 Okay, let's see A few more questions Buyers trapped around 11 Yeah, I mean Yeah, I mean, you know, we this is kind of microstructural here. I wouldn't put, you know, I don't I think Looking at this level here at 72 and a half is more significant because that's where we broke down from Okay Instead of looking at this kind of microstructural level here at 72 and a quarter We actually came up a bit further The buyers here if they if yeah, I mean if anyone bought up in these areas here Aggressively trying to get price to go to the upside. Well, yeah, I mean, they're they're kind of in a tight tight spot right now You know, they're getting squeezed Okay, and You know, if they are getting squeezed where are they going to be placing their stops? Okay, probably depends on their time frame, right? They could be placing them here at 71 Or, you know, we could come back down and look at the swing down here at 68 You know, and it looks like actually that's kind of where we're headed. Okay, we just traded through our 70 level Okay, let's let's take a look at it. Okay, some transactions take place here. You can see the red dots and Did all of this liquidity trade? Well, let's let's take a look here. Hey Let's zoom in Okay, well it some of it did okay, and some of it pulled okay, we can look right at it here Okay, and we can read the volume that traded here Okay, so we had 1,887 contracts and they pulled it down to 1,600 Okay, we have some volume that did trade in that area here and then they pulled Okay, and then we see a volume dot here of how many well many contracts, you know Here's a hundred. Here's almost a hundred. Here's 70. Here's 57 One and here's 42. Okay, so you can see about 300 well almost I mean 299 exactly is what traded right here Okay, so you can see How how we're showing every single event Discrete event in in the marketplace here, you know as you continue to zoom in. Okay, look at where we're at Millisecond level we can continue on and and and show you exactly what unfolded here Okay, this is now down at microsecond level all right and notice how this These markets trade algorithmically look at how these are nicely spaced out. This is algorithmic activity Okay, hitting the bid Okay, taking liquidity off of the bid You can see also how book map is handling this data as I zoom out We're visually just visually I mean all the data is still there, but we're visually Aggregating in a bigger red dot. So you have reference to what this volume means Okay And you can start to put together a bigger understanding of what's going on at these areas Okay Let's see Dave is there liquidity at 66 and three quarters. Let's take a look Yeah, I'm not really seeing much at the moment You know in the in the in the lit book. We haven't come down into that area yet though So we need to see that okay, so right now. This is a it's a good question because This is the live book right here. Okay, we have 20 levels of price. Okay, this is the live auction right right now We don't know How much liquidity is down here at the moment? Okay, when we come down into that area and the book refreshes then we'll know okay previously though I mean you can see I have I have the if you right-click in this area here, and then I choose format the column You can see I have it on an extended book okay, I can uncheck that and this is just the live Here's the lit book right here. Okay, this number on the other side is the complete bid and this number here is the complete offer Okay aggregate All right now a lot of people like that view. I Prefer to have it extended so I can see what it was down here previously. Okay. I see the numbers here Okay, when we come down then as this will refresh all right. I also have this Configuration contrast configuration on pretty high. Okay, I'm gonna I'm gonna bring this down a little bit So we get a little more insight to what's going on All right Okay, and let's get out of some of these tools all right Okay, some more questions Can I review visual column with you being CVP? Yeah, sure bill. I mean This is Here we come. Okay, so we're coming down to that 68 note Let's let's zoom in here. Okay All right bill starting to see Some people starting to come in here showing a little bit of interest here. Okay at at your 67 and three quarters All right, I Don't see any icebergs at the moment here You know going off at this area Okay, previously where there are icebergs. Let's take a look back here No, I don't really see any Okay, let's continue on with your questions. We have some good questions here Yeah, I mean these these areas here. They mean these are these are limit orders This is liquidity. These are traders that want to trade at these areas. All right And in this case like we were just witnessing some of it did some of it didn't All right, and we zoomed in and we can tell you know, we can be very decisive about it We know exactly what what unfolded here. Okay? We're looking right into this area All right, okay, so let me zoom back out Okay, so buyers are starting to show a little more interest now at 68. Okay, so, you know these kinds of days With big news at the end of the week You'll get a lot of trappy tops and bottoms you'll get breakouts like this and then you'll see them knock the stops At specific areas and then reverse back into the middle You know, I mean, maybe maybe you can look at even the swing down to the 67 or 66 area something kind of similar to that and So, yeah, I think we I think we are gonna test, you know We were looking for that right that if they're gonna break and these these buyers in some of these areas up here Where are they gonna put their stops? They're gonna put them down here. Okay, and they're starting to test right into that area right now Okay So let's see a few more questions Francisco, yeah book map it can If you're looking for a value area and your point of control and Well, I mean right now what you what you can have is that the VWAP that I was showing you yesterday with the volume CVP and SVP here, but You know, there's there's the new API Configuration up here that you can start to add in and write your own indicators as well as automated trading strategies Okay, so if you're if you're looking for that Then that that's possible. You can write your own. All right. It's Java based And you take a look into that Okay All right All right, decisively traded through Okay, this swing here. We were looking at at the 68 and And a half or so Okay, and let's take a look at look at the order flow now Okay, one of the things that you'll see time and again Is order flow in a trend and how it behaves? Okay, and this is Not the greatest example, but you're starting to see it here Clusters of volume trading at lower lows and look at these lower highs Okay, these little swings back up into these areas and look at the volume trading up here. Okay very little all right So when you when you do see that you usually get a Retest back into the area it broke from and that this this is an example of it Okay, you can see we broke here down very quickly And we do get a couple of retests here and here back up into that area and and very little volume trading up here, okay? and So we rotate low lower and we get price discovery to the downside Okay, so that occurs over and over again. All right, that's a very indicative of how order flow trends Or trades in a trend Alright, so let's see What was the question here that Bill had about the Visual column here about the CVP and SVP Okay, did I answer your question there Bill? Okay, if you right-click in here You know you have the data types here, but you can also just then click on format And you have all the different types here, you know bars bars and numbers Numbers only extend that book. You can also show an aggregated book. Let me show you what that looks like Okay, so it just takes one price level as it to the next with all the liquidity as it to the next So you're gonna see here if we go with bars only Okay, it's gonna get a really really nice aggregate view here of it. Okay, we've got it split out We can not have it split out Justify it to center left right. I mean, you know, you can do basically whatever you want here Now, why would you want aggregate? I mean if you're a large trader or if you're looking for Areas of them sweeping the book. Okay, let me actually format that back. Okay, they're gonna sweep the book here How many contracts let me format it one more time Bar's in numbers. How many contracts have to be taken before we get up into this swing here? Okay, and you can look right at it. All right, so over over two thousand Okay, twenty five hundred and that that's what's required to get up into these areas Okay, a lot of traders like that view of aggregate. It's all up to you So I'm gonna go with back to my setup here Okay Red numbers are here. These are the iceberg detectors. It's liquidity that traded. Okay, that wasn't in the limit order book John you want to look at the contrast screen again? Okay, so let's click on that and you can see the the settings here and and I as I continue to demo this like You know it you all you have to do is get get it to where you know it shows you something that you like and then they'll just be You know little changes you'll have to make but very quickly, you know You can just slide it just a little bit and then you know, this is telling you something now significant Okay It's not a set and forget that's the thing. All right so Because and why is that is because more liquidity comes into the book Okay Look at the look at the Oh, we're in aggregate view here. Okay, there we go. That looks more like it Okay, 5000 4000 contracts out of level. I'm like that looks pretty pretty high Okay, well you can see that Yeah, they're they're you know showing some interest here at 67 and staying in the book. Okay So you can start to gauge some of these larger traders and You know where where they're positioning themselves and where might they start defending Their position again Okay, so if they're and you can see them You know if these are larger players here providing liquidity and absorbing at these prices here and they they're bullish Well, you know, they'll just continue to absorb And then they'll start to defend here with more liquidity and they're happy to to take the trade on You know the sellers if they're they're gonna get the price they want Without it moving against them Right, you know, they'll just provide liquidity and the sellers will take it Okay, so yeah, you can start to anticipate that these guys Well, let's see how they behave right? Let's see how they start to defend these areas and and now Let's start to gauge that auction a little bit better here. Okay starting to see look at the little swing here And the volume chart starting to trade above Okay, and in this swing here though, how's this auction behaving? Well, some of it traded up here and then now they're starting to pull liquidity and and they wanted to Be a seller at a higher level. I'm looking for them to build out the book here in this area Okay, if they really want to to be buyers here or maybe they you know If the larger players they want to get more size on at lower areas, you know, whatever the game might be But you can see the behavior here. Okay. I don't see I mean I see high liquidity here just at one price level Let's see. What are the vertical lines in the COB column? Yeah, these this is the large lot tracker Okay, so this is another add-on and what this white line represents is the liquidity that one individual actor Is holding at this price level or providing Okay, so right now I'm not getting a really good read on it because is we see a lot of larger traders here So what you can do is you can come up to the studies configuration We can click on large lot tracker and we can filter for this a little bit. Okay, I'm gonna bring it up. Okay, I bring up the To like 30% or so, okay, let's see what that looks like So let's give me a little bit better view You can see larger traders up here and larger traders here now as well on the bid and and they're they're more aggressive Right, so you're getting a read in this area here larger traders. Maybe they're starting to chase price a little bit Okay, whereas the larger traders on the offer They're they're pulling and they want to they want to be sellers up in these areas not not not close to Price so they're more passive Whereas these the buyers are being more aggressive Right, this is what we're looking for. Okay, this is these these start to give us clues here Right, and this is just factual, you know evidence here. Look at them starting to add into the book at higher levels Okay Okay, this behavior is starting to you can see the distinction between that and this over here All right Doesn't mean that the sellers can't take them on and trade through it But just means that it's gonna be a it's gonna be a bigger battle Right, they need to trade through the high liquidity here Hey, there has to be more sellers Yeah, Robert. This is with s5. Okay my data feed. Oh is OEC data Okay, well, okay, so now look at the look at the Cluster of volume trading up here. All right, I'm looking for price discovery to the upside now Okay, where to I'm looking basically right where this liquidity is maybe maybe a tick higher This is where we broke from here All right, let's see if the sellers are the sellers still there Okay, and and we can see them starting to show interest here. They want to be a seller at this area Okay at 69 and a half Okay, so you can you can start to put these these pieces together All right looking at the transactions and looking at the the auction Okay, we're getting aggressive, you know in and out now that now they're showing here at 68 And in three quarters But they're this is this is Not as decisive this kind of liquidity. They're they're in here with high liquidity than they pull Okay And and that's what we're doing with those questions filtering through and understanding The intent of these traders do they really intend to trade or not? making the distinction between You know fake liquidity and and real liquidity Or liquidity with the intent to trade Okay, that opens the doors to all sorts of behavior in limit order book Okay, leads to your spoofing type of action leads to You know all sorts of You know HFT you might see some some front-running some some You know pack hunting you might see some dangling some smoking, you know all of these different things, but Anyway Let's let's zoom in here. We're starting to see some interesting stuff Okay, notice them pulling here. Okay, and then they're getting aggressive at 68 and look at them starting to accumulate here On the you know lifting the offer. I'm looking for Maybe a hit coming up in and testing this 69 and a half here Okay, just being objective looking at looking at this information. Was it telling me? Okay, we need aggressive buyers though here Let's see what happened to rules 575 and spoofing looks like it's still going on in our faces You see that kind of that type of action You know all the time It it is not like it was whatsoever You know, it's a criminal offense and But it's hard to they're still trying to figure it out. I mean it's hard to You would have to link you the accounts together and understand that these traders here are spoofing to fill liquidity down here okay, and you know the the CME or I mean the NFA and CFTC is is is defining that in the courts now. We continue to see articles come out right But you know, this is why I think it's just important to Have have your higher time frame outlook and and your own trading methodology Then look to the book for supporting evidence here a very objective evidence to give you clues or insight to Your trading methodology for example This this area here That we were covering earlier. What is what does rejection look like? Right. Well, you know, we're looking at the candlestick chart Okay, rejected below this 60 Well, it came down to 66 and a quarter Right or 67 level though, basically, right? We rejected out of that area and then we swung to the other side Okay, so pretty pretty big move And what does that rejection look like? Okay. Well, here it is absorption okay a shift in the Or I'm sorry a sweep of the book up into other areas with large Transactions starting to take place on the other side Okay, this behavior here is looking in terms of just traded volume is starting to look similar to this behavior here Okay, so you can start to digest some of this information that book map is displaying and then you can start to anticipate future price movement okay based on your understanding of The limit order book and that in the transactions Okay, and that's what we're doing here, right? I'm not trying to call the market. I'm just trying to piece out These areas here and and giving looking at the evidence Yeah, who's who's in control? Joseph exactly And and starting to recognize that okay, so we were looking for based on back here at around 1135 Now it's 1145. Okay, and we're seeing it climb upwards We're looking for a test here still of 69 and a half. We need the aggressive buyers Okay, they're getting aggressive here between you can see them at 68 now in the limit order book but You know, we're just we're still just kind of channeling here between 68 and the 69 and a half Who would I say is in control well, that's a great question it depends on the time frame Joseph, you know What what are you what are you looking for? Are you are you looking to trade this small micro micro range right here? You know who's in control of that or are we looking on on the bigger bigger picture here from the open? Who's in control? Or are we looking you know on a daily chart? I mean You know or you know in this area who is in control? Well clearly the buyers were right And and they're supporting price But at this point here, I would say the the sellers well and over here You know that phenomena we're looking at the breakdown here and the retest of this area sellers are in control here at this point Okay at 72 and a half Okay, and you can see the trending that that ensued now. We're starting to see it Maybe a shift of that right okay? That's what we were anticipating is a shift of that Okay, well, I would say from the open. I would say still You know the the buyers are are in control. I mean we haven't come down and traded below the This here this swing here at 66 net in a quarter Okay, and we can see them lining up again here as well But you know we're looking at for a nice real nice battle to shape up here because they're they're they're getting very aggressive on both sides here with limit orders You can see them here on the offer getting more aggressive with lowering liquidity and Now these guys at 68. How are they starting to behave right? They're polling All right Okay, so how aggressive were they? What was their intent to trade here? If they really wanted to trade they would have stayed in the book Okay, but there's still I mean maybe at 68 they pulled but they're still down here You know between 67 and 68 Right So one one price level, you know doesn't give you that that read that's why you know It's not binary here is contextual. We're looking at kind of you know holistically here Right and reading reading this auction Between 67 and the 69 and a half Okay and also reading the transactions and In just going through this process, right? So and and we're getting our answers here, okay by answering those questions Asking those questions and answering them. Yeah, do we have automated strategies we do? so You can click here on the API and there's a chase escape and execute strategy Okay, you you will need to open up book map in the Live data simulated by book map mode is not available now for funded accounts Okay, this is a demo at the moment All right All right, let's see the lift the offer up into our 69 and a half level here. We go here. We go There we go. All right We're testing it right now and volume is trading up there and they're pulling liquidity Okay, so you can see I mean this is it's not a crystal ball here But we're we're putting pieces together in the order flow looking for this kind of behavior. Okay, and Reading the order flow And we're getting our test. Okay. Now, how are they behaving up here go through that process again? Okay, so I'm not You know, it's not trying to call the market Not trying to use crystal ball here just a very objectively and methodically looking at the order flow and then Based on that you can start to anticipate price action Okay, and like I said, it depends on your trading methodology. It depends on the way that Or what time frame you're looking at as well. Okay that I was just going over with Joseph Andrew we're gonna make them available to funded accounts. Yeah, I believe that's in the in the future All right And I don't have any details on that when They will be released Like I said, this this API here. We're just this is kind of like a soft launch Basically, we're showing you the cumulative volume Delta. You can write your own indicator strategies here as well or strategy automated strategies that that work off of indicators as well as Just ones that work off of the limit order book. All right Okay All right, so now let's let's take a look. What are we starting to see now? Okay more volume trading at a high or high Okay, so You know, we're piecing these things together again All right. All right guys, let's let's wrap it up You know, I think we're seeing some pretty objective Information here or going through pretty objective information here. I hope you find it helpful for for the way you trade Okay Let's see Last night the book map save saved you some money Had in order to go short and the 6e it pulled liquidity. So you canceled excellent. There you go exactly Joseph I mean, this is You know, you can you can see the behavior here. You wouldn't be able to see that If you you know, well, I guess you could in the dome with one one level price level you can see them pull right but it You're yours. It's it's really difficult to read the dome and put all that all that together Instead look at this context that we just put together here, you know Looking at at several price levels Okay, and looking at, you know, we know we can see the striations here of the adding and pulling of liquidity How they're behaving at these areas? Okay, that's that's key I mean that's giving us great insight to these areas compared to looking at a dome and trying to to recognize Several price levels with the numbers Okay All right guys. Yeah, let's let's wrap it up. All right. Thanks, Andrew. Excellent. I'm glad glad you enjoyed the presentation Let's wrap it up and we will catch up with you guys on on Wednesday. Okay. Take care