 Cast is now starting. All attendees are in listen-only mode. Good morning traders. If you can hear me and see my screen just type yes in the questions, please and we'll get started. All right. Great. Thank you. Okay, welcome to the bookmap platform details webinar. This is Bruce at bookmap risk 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. The product comes with education. So there's a four-part educational course and you can access that anytime once you're a customer. And then you can also access the daily advanced order flow webinars. They start at 11 Eastern time. So in about 28 minutes and the content in the advanced order flow webinar is we're looking at the specifics in the order flow phenomena. It's not so much about the platform and the content supports the educational course content. So learn about it and then see it in the live markets. And if you have any questions, you can reach out at support at bookmap.com. Let's go to the website quickly here and just show you a bit. We have some new traders in here starting off the week. So I want to welcome you guys and yeah, let me know if you have any questions. This is the moment or this is the place and can help out with a lot of different things. Also, I'll just kind of ramble about what bookmap is, what it's showing you and I start to read some of the basics in the order flow. Okay, we're not going to get into some of the advanced order flow analysis. That is reserved for customers that have moved beyond some of the basics. All right, so we segment out the two different groups so that our users aren't left answering or covering the same old questions again and again. Okay. All right. Well, here's the website. Scroll down a little bit. There's an intro video here. Okay, there's about bookmap information here. There's bookmap for equities. I'll talk about this in just a second and then connectivity. Okay, so what is bookmap? Bookmap is a visualization software trading platform. Okay, we are not a data provider. We connect to many of the data providers that you see, well, all of the data providers you see here. You also see some platforms just like we are, Ninja Trader, TTX Trader Pro, and Interactive Brokers Traders Workstation. We connect via the API of these three platforms. So you can go that route if you like. Else, we prefer it since we are a platform. It's cleaner data to just get it directly from the provider, throw. So from CQG Rhythmic, Gain, IQ Feed, Transact, or this DevExperts. Now this DevExperts is for, it's a great feed. It's for NASDAQ TotalView and NASDAQ LastTrade, which allows you access to bookmap for equities. Okay, and I can show you some of those equities. Maybe I'll just do that really quickly here. Okay, hold on just a minute. And let me just close this up here. Okay. All right. And all right, so bookmap for equities, let's go to Amazon and let's check, check, check a look at this. All right. Or maybe Apple. Because it's, it's rather fascinating to see bookmap for equities, just these large areas of liquidity and how the market behaves in between them. As you can see here with Amazon, how important it really is to understand the limit order book. Because you can see that we just kind of bounce between the larger players here providing liquidity in the book. All right. So anyway, that's something very unique that this DX feed offers you to be able to see full depth of market, along with a lot of our data providers. Well, CQG and Rhythmic, especially Rhythmic, offers a full depth of market for CME products where CQG won't do that. But they, but comics and NYMEX, they do. Anyway, let's continue on here. Pricing. Okay. So the different packages here, there's monthly or there is yearly. So let me reboot this here. Okay. So you can, you can subscribe monthly or, or yearly, you get a 20% discount yearly. And the two different versions, digital and global. So I'll briefly go over this. There's a digital version that is free. It connects to one digital currency. So Bitcoin, US dollar, whatever it is you want to look at, Ethereum, US dollar. And it's real time. It's a full version of book map, but that's all you get. Well, you also get connectivity to one US equity as well, but it will be delayed. It's delayed data up to 72 hours or so. All right. So that's, that's what you'll get with the free version. It just gives you a taste of what's going on. And but it is, it is real time for that digital currency. Now the digital plus 37 per month, this will give you access to up to 20 digital currencies and you can trade right from the book map chart. Okay. It also comes along with the advanced education and access to the advanced order flow webinars that I mentioned. And it comes with full support. The free version has limited support and only basic education. Okay. Now for futures and for US equities, you'll need to go with a global book map. Okay. It's $49 per month and offers that connectivity or access to connect with the futures or US equities. It has the advanced education and full support. The global plus. Okay. It's the same as global except you get the one click trading add on. I could trade right from the book map chart and you also get these other add on here. These are indicators that we put together. They're proprietary and they look at specifics in the order flow. So they're not like your regular CQG, I'm sorry, RSI or stochastics or anything like that. They're very specific. We're looking for, for example, here, the large lot tracker identifying larger players in the book, iceberg detector, again, identifying larger players who are entering the market using the iceberg orders, hidden orders. And all right. So that's that. Let's see. You can follow us here on Twitter. You can see our Twitter feed, get up to date information. All sorts of new stuff here in Twitter. So you might want to check that out. A lot of new great content that we're putting together, lots of articles. I should also mention the blog that you can find a lot of those articles here if you click on blog and all sorts of great stuff here. Okay. And then our YouTube channel right here. You can access all these playlists. If you're new to book map, I'd recommend starting with the intro playlist. There's only like four videos in here. And then then go through maybe some of the features and components to understand what you're looking at in book map and then get into some of these very concise and short order flow video snippets that go over the order flow phenomena that book map uncovers. This is the kind of content that we go through in the advanced order flow webinars in detail. Okay. So that's putting the rubber to the road and really getting the most out of book map and understanding it. Let's see here. Let's let's jump into book map and take a look at at the interface here. Let me close up some things here and turn off some things just a minute. Okay. There's a point of control. There's also a VWAP indicator here. These are new for book map 7.0. Okay. And we're just going to turn that off for now. And we're just going to simplify this chart. Okay. Because for a lot of you, this is going to be look like nothing else you've ever seen looks rather foreign. It's actually really straightforward data. All right. And I can just demo that very simply here by showing you just historical best bid and offer. Right. That's all this is. And there's this is as simple as it gets. I mean, this is way simpler than understanding the concept of a candlestick and what it represents. This is just the market bidding and offering at specific price levels and trading there. Okay. The next level of information that we're going to show here is the volume that traded and transacted on this historical best bid and offer. Okay. We show that with the volume dots here. Let me bring down the dot size a bit. Okay. And that's it. Okay. Those are two elements. That's all you can see here on this chart. Now we do have a volume sub chart as well. Typical for most trading platforms. But then the third element that we have on this book map chart is the heat map. Okay. So what is the heat map showing you? Okay. It is showing you the where they're bidding and offering. Okay. How do we usually access that information in the dome? Okay. Here's our dome and book map. Everything to the right of this vertical white line here is the live market. Okay. This is the last traded volume or current traded volume. And you can see the best bid and offer here. Here's your price ladder with the S&P E-mini. And then here's your dome. Okay. Your depth of market. Best bid and offer. And then these are levels here of liquidity on the offer. Sellers lining up providing contracts here that want to deal at these specific price levels. Here's the market on the bid side. These are buyers down here. They want to buy at these specific price levels. You can note that these numbers are always changing. Okay. It's adding and pulling liquidity. Maybe they get cold feet. Maybe they really want to buy at certain levels. And so they'll bid and offer. Now, the problem with this dome is that once these numbers change, you don't have a record of what had occurred there. It's only in real time here. And then you'd have to memorize the rest. Okay. Book map solves that issue very clearly with the heat map. Okay. We take, let me zoom in a little bit. We take this data in the dome here. Zoom in a bit more. Okay. We take this data here in the dome. And then we, in this window here, which is the current market, we turn it into a graphical heat map here. So areas where it's, it's, it's brighter here. Well, you can see the scale up here. If it's dark, it's very low liquidity. All the way up to orange is very high liquidity. Okay. We can see spot right away. Where the high liquidity is up here at 24 and a half on the offer, 470 contracts down here at 18 and three quarters, 383 contracts. Okay. We know this market immediately. Okay. We know how the transactions are taking place within this high liquidity as well. Right. So we already have all sorts of information here in front of us. Okay. And we can zoom out as well. And we can start to note these striations in this, in this heat map. Okay. So this is adding and pulling of liquidity. Okay. So note how it, it was bright, bright orange. And then they pulled it, it became yellow. And then they added back in. Okay. Look at some of these areas down here. They, they really, you know, added and pulled liquidity in some of these areas. This gives us insight to the intent to trade. Okay. If they're going to start pulling liquidity, well, maybe they don't want to deal at these levels. Maybe they want to come up here and approach these levels here. Okay. We can read the tape within these areas of high liquidity. We can also understand where they stay in the book and transact. So we can determine if this is real liquidity or fake liquidity. And let's do that. So let's just zoom in right here. Okay. And we can see that, well, here's our answer. As the market comes one tick away here, these guys start pulling the majority of their liquidity. Okay. And in fact, look at the insight that we're getting here. They're pulling here and they're adding up here. Okay. They weren't here before at this price level. Okay. So we're starting to note exactly their behavior. Okay. This is, this is a bullish, because they're pulling away and adding out a higher area prices in there. You can see the tape is green here. And we're lifting the offer up into higher areas. All right. So we can put the complete picture here together of what's going on in the, in the market. And let's just zoom in here because I want to show you just how simple this data is, but how insightful as well. Okay. Here it is. Best bid and offer. Red line is the historical best offer. Best bid is the green line. And then these dots, these are transactions on the best bidder offer. If it's a green dot, we, we, the way we classify this as an aggressive market buy order, someone hit the market buy button and they took liquidity off of the best offer and a green dot paints. Okay. And then you can see here, the red is the market sell. Okay. So now one of the things in book map is that we record every single market event. Okay. Let's zoom into this bigger dot right here. Well, you can see that we're pulling it apart into clusters of trading activity. Okay. We're down at millisecond level here. So these are thousands of seconds. Well, we can continue to zoom in here. Right. And we can continue to zoom into nanosecond levels here. Now we're looking at billions of seconds. Okay. So what, what we're showing in book map is every single market event and very accurately recorded here. Okay. So it's a very objective view of the market. It's really how this unfolded. Look at these little barrages of, of aggressive buying here. Okay. And we can start to understand and piece together algorithmic activity, how it might be behaving, the, or the algos on the, on the, in the order book are behaving, all sorts of data that we can start to understand and piece together. Now the point here, though, is, is, is not to zoom into these areas and say, wow, you know, look at, look at, you know, it is fascinating to see. However, we don't trade up those levels. Now, if you're trading algorithmically, this is going to be great for you because you'll see exactly how your algos behaving and where it's getting filled. But for the rest of us, we can zoom out and look how we've taken that, all of that buying and made it just a bigger dot. So it's aggregated here, but it's only aggregated graphically. Okay. If you want the precise data, we can hover over using the data tip tool here. And you can see the date, the time, what was on the ask and the volume. Okay. And, or zoom in again and we can still hover over these and we've broken it down. This was for four, four lots here. This one was for two. Okay. So all of the data is precisely recorded here. And then it is displayed in a way that is digestible for us as, as traders. Okay. So that's what we're displaying here. And that's what we're putting together and starting to understand in the order flow. Uh, uh, the intent of traders and, uh, the, the aggressor here, uh, how they are, uh, behaving and, uh, so for example, let's just look, we can see kind of a, a flip here or change in the order flow. Okay. Note on the way down. Okay. Look at all the aggressive sell orders and clusters of red at lower lows. This is very typical, uh, of a trending down market. Okay. And, uh, look at these little, these little highs here in these areas. It's actually not so bad, but compared to these other clusters here, uh, there's, there's a less buying. Okay. In this area here, there is none. Okay. At the, at this, at the top tick here. Okay. There's very little at this top tick. Okay. So you can start to, uh, put together, uh, you know, who's in control here. And it's obviously the sellers. Okay. Look at them down here as well. This is pretty interesting, uh, hitting the bid pretty hard here, pretty hard. Well, all of these guys here are going to be trapped. If the buyers can step in and, uh, lift the offer up out of this trading range here, and that's precisely what they did. And you look at the pullback to, to where? To the top of the range. This is actually one of the setups that we cover, uh, in detail in the, uh, uh, uh, educational course. So it's a pullback to where we broke from and see if we accept above that area. Not only did we accept here, you can see that we broke out again and it started to accept, uh, but, uh, you see one push down here into, and this is going to be the, um, uh, point of control of this little range right here. Okay. That's where we're testing and we're seeing who's in control down here. It just means the most traded area here. And you can see it in the profile as well. Okay. And so, uh, uh, it's kind of the last stop to see if the, if the buyers still have control or not. Okay. And you can see there was a little bit of a battle here, but you can see the victor of that battle. Okay. Uh, and again, same process here. You can, we can look at it, uh, very precisely. Okay. Here we broke here. We broke, but we did, we did get a pretty deep pullback. Okay. And then here we broke as well. Okay. And accepted higher. Now, same thing here, actually back to the point of control of this. Uh, so, uh, you know, this also gives us insight to this kind of reversal in the, in the order flow. It's not very strong. Okay. Because the pullbacks are deep and there's clusters of selling here as well. So if the sellers, if we can't make a higher high up here and the sellers, and we start to see a lot of selling down below in these areas here. Okay. And we're starting to, okay. Well, then we're starting to look for a test down to this level here. Or maybe the high liquidity at this 2720. Okay. Because that's where the liquidity is and that's where the market knows it can trade. Okay. And we're starting to see some of that follow through already. Okay. So we're just, we're just putting the pieces together and very objectively and clearly reading the tape within the liquidity heat map. Okay. And understanding how they're behaving, uh, in the, uh, in the order book. Okay. Buyers are down here at, uh, at 19, the majority of them. Okay. We also noted these guys here at 20. We're also noting these guys here at 20 are starting to pull. Okay. So, uh, market, uh, need, we'll need to go a little bit lower if it wants to, uh, uh, you know, hit that high liquidity down here. Okay. All right. Any questions? Well, any questions about the, um, uh, about the features, uh, there's many, many features here, uh, to go through, uh, and, uh, answer any of your questions. Uh, but, um, uh, one thing I do want to, uh, to note, I, I kind of, uh, usually, uh, go through the process a little differently here, uh, for, um, the, um, uh, showing you what, you know, or describing exactly what book map is, is showing, uh, I usually use a candlestick chart because, uh, the, uh, the candlestick chart, we're so accustomed to this view and we can just clearly see though, that we're just not getting much from it, um, because, uh, we can't read all this kind of data within it, uh, where the, where did the volume trade, how much, um, uh, you know, uh, how did it unfold and more, even more importantly is what about some of the micro structures that we just covered? We don't even see that in here, in this candlestick chart. And, and this is really, uh, a problem that this candlestick chart is very opaque. We don't have any of that information. Okay. So here we just traded into, into 20. Okay. We noted it up here. All right. Uh, that, uh, you know, we have that potential to come down here into trade into 20 and maybe 19 as well. Okay. We noted the deeper pullbacks. All of that kind of analysis, uh, is completely lacking. I hear in this candlestick chart, and this is a five minute candlestick chart. Okay. All right. Uh, if, uh, if no questions, uh, then, uh, let's, uh, let's wrap it up. And, uh, we will, uh, uh, see you guys in the, uh, advanced order flow webinar in, uh, in five minutes. Okay. Okay. Thanks for coming guys. We'll talk, we'll meet up tomorrow. Bye.