 Okay, this is Bruce at Bookmap and we'll go through the platform details this morning. Risk disclaimer, trading equities and futures involve substantial risk of loss is not suitable for all investors. Past performance is not indicative of future results. Okay, it looks like actually a few of you cannot hear me, so if I can just get confirmation on that, you can hear me and see my screen correctly here. I do have the recording going. For those of you asking that, okay, no, okay, so some audio issues still. So if you can hear me, just let me know and we'll get going here. This is not working. Okay, let me try this is, no, I'm all set up, hello, hello, this is not, okay, it should be working. If you can just verify that please, okay, all right, well I'm going to go ahead here. So if you're having problems, then log out and then log back in please and it should be fine there. So okay, anyway, welcome to the webinar, I've gone through the risk disclaimer. If for more information here on Bookmap, go to bookmap.com, become a member, you'll have access to the free resources there and then any questions, reach out to us at support at bookmap.com and let me show you where you can find Bookmap. Here go to bookmap.com and click on explore unless you already are a member and want to sign in. You guys have signed in probably through here for the free webinar, this webinar. Let's click here and there are a few intro videos here and let's go down to the pricing tab. So this is where you can find Bookmap, you can get a free trial for 14 days. Okay, there's two versions of Bookmap, the Bookmap basic and then advanced, 49 per month and 99 per month, they are billed quarterly. The difference between these two versions are the add-ons. So if you can trade with one click trading right from the chart and then there's these other add-on indicators located here and the Bookmap basic does not have any of those features. Okay, that's the main differences between the two. Now we also have Bookmap for US equities, there's Bookmap basic and Bookmap advanced packaged with the data feed for DX feed which allows US equities. So if you sign up with either of these it's a package deal and there's no difference between the Bookmap version, it's just packaged with DX feed. Now we're not a data provider, however we are offering the ability here to just with the package deal get a slight discount on DX feed and that's through dev experts. Okay, alright, so if you are looking for just futures data then you will need to have a data provider and these are the different providers and brokerages, some of the brokerages here that we connect with. Okay, alright, the Bookmap portal once you log in here I just wanted to show a few things mostly on the YouTube page but you can also follow us here on Twitter and get up to date information. Here is also a trade of the month contest going on here so maybe you want to take a look at that so that's a nice feature here and let's see the YouTube page, okay so you can follow us here on YouTube and this is where you can find all the videos for features and components and then these video snippets here order flow video snippets I would recommend first watch some of the features and components so you understand what you're looking at in Bookmap you're attending these webinars so answer or ask any questions that'll be that's great and I'll answer them in detail alright but these order flow video snippets then this would be the next step I would watch a few of these they're very short and concise two to three minutes and they just go through an important order flow phenomena that we see all day long in Bookmap so understand a few of these and then you will be able to start to integrate order flow trading within your trading strategies so there's a few selected webinars below that as well and there is a distinction here though let me go through this once you sign up and go through trial then you have access to the next video or webinar that's going to occur here in about 25 minutes and that's the advanced analysis webinar and we go through none of the platform details really unless you ask questions about and the the I would just look right at the order flow and get right into it and start to analyze it and look for opportunities okay so that's what you get with the trial so if you're interested in that once you have kind of asked your questions here in this webinar the next step is to go through the trial and get into some of the details there with the order flow and then you'll be integrating order flow within your trading okay so that's the the idea here to provide those that are already up and running with the platform details to start to integrate the order flow within their trading okay all right so let's take a look at Bookmap and let's go through the interface here all right look at the channeling here and we're going to look at the S&P E-mini now I'm looking at the September contract there is rollover the next week or so so you might be looking at the Z contract but looking at this one look look how Bookmap is very easily nicely showing you this channeling here okay between areas of high liquidity so before I get into that and we'll analyze a little bit the order flow here but just some basics all right before I get into that let's just go over what Bookmap is showing you okay because there's a lot of new traders in here and we'll just start off slowly start to understand exactly what Bookmap is what it's showing you and then how you can read it and benefit from it okay so I'm going to turn on some candlesticks here and I'm going to turn everything else off okay so in the ES here we've got some sideways action as we saw and then here's a basic candlestick chart okay now most of us are very familiar looking at the candlestick chart we understand it's open high low close of a specific time period in this case it's every five minutes there's a new candle and we you know most for the most of us we read this and start to read the order flow within the candlestick now and you can a little bit but there's so much more information here that is not being displayed and we're making financial important financial decisions based on open high low close of a five minute period and that that's a problem because there's so many unanswered questions here and so much transparency or opacity that is in front of us we we're looking for transparency and information to make more informed trading decisions and let me show you how Bookmap can do that okay so just looking at this channeling here we see you know there's pressure on both sides buying and selling okay we see a little bit of buying pressure starting to come in right now and we're testing the high of the range right here right so for example I would like to know what's the volume look like here well we have a volume sub chart but that's it doesn't really give me the information here that I'm looking for I'm looking for where the volume took place exactly on that candlestick if the volume took place down here then it doesn't interest me that it did if it played if it took place up here and it was aggressive buying not selling but buying I'd be very interested right and or if it was a very very aggressive selling coming into this area here I would also be interested okay overpowering the buyers I would look for a return back into the range here okay so those are unanswered questions here by looking at this candlestick chart and that's that's a problem and Bookmap solves that problem so let's turn on some of the data here first I'm going to turn on the best bid and offer historical best bid and offer okay so now you can see this green line here is the historical best bid and the red line is the historical best offer okay already it gives us a little more information no question about it and we can look at some of these areas down here we can see that we kind of based for a little while here we had one little push to the downside and then it moved away we're very quickly and we've tested the other side of the range now okay so I'm very keen to understand the volume in this area down here as well as the volume probably right above here I'm looking for aggressive buying action here because this would be kind of a point of control area and I'm looking for the buyers to push it up out of this area so that it doesn't return back to that area okay and if they're not here then I start to anticipate us returning back into this area okay so let's turn on the volume now and take a look okay so we display the volume here with volume dots okay and a big dot a lot of volume you can see that the the area in interest here look at how this little drop here down to this 2460 here there's very little volume trading here basically no one's interested in selling here it was previously here as well and we can see that they the sellers dried up the the aggressive buyers came in and this was the area of interest right that we're looking at we see a lot some more buying than selling here that buying pressure has as a push price up to test the other side of the range and now we want to understand what's going on here up at the top of this range okay so let's click on this move tool I'm going to hover over this area now and then I'm going to use my center mouse wheel and zoom in okay the move tool it allows you to just left click hold and drag and go back and forth right so I'm going to zoom in again to this little area here because I want to show you exactly what book map is showing you in terms of volume right so let's zoom in just a little bit more alright so you can see here historical best offer historical best bid and then you see these green dots here okay these are aggressive market buy orders that took place on the historical best offer okay so we use the aggressor classification of volume when someone hits the market buy button they cross the spread they pay up the spread and they take liquidity off of the best offer and a green dot is painted here at that time stamp okay the red dot here is an aggressive market sell and you see one here as well okay we can know exactly what kind of volume it is or how much volume click on the data tip tool hover over this area you can see this was for volume of one we get the date the exact time down to the looks like it's down to the micro second or nano second and then we have the liquidity that was at this price level so on this on the ask here there were 293 contracts at 60 and a quarter and we can see this is for volume of two on that fourth line right and then we see volume of one down here at 2460 okay so let's zoom out now so you understand the aggressor classification and how we are displaying the volume and note how when I zoom out well there are many trades that took place in these areas and we're giving you the overall delta and understanding of what occurred at this area so if I hover over here and I zoom in note how we start to split apart all of these all these different trades so there's still more trades here okay and as I zoom in note how now I've completely well that display here of the pie is now all spread out and into the individual trades that took place here okay and we can see how book map is displaying this this data here and we're just if you look down here at the timeline this was at nine or I'm sorry 1031 29 seconds and then we see the display here we're down at the micro second level okay so we're looking at millions of seconds book map will display every single market event with basically unlimited zoom okay so you can look at billions of seconds and note how we're displaying exactly how this trade information came through but as I zoom out note how we give you the overall shape in the delta because we're not looking at those really low time frames and trading off of them we want to understand by zooming out what the overall shape was here and we're getting that here with the pie display and I can hover over that area and it shows me the date the time okay now we're looking down at the millisecond level and then the liquidity on the ask and then the volume of 180 so this dot constitutes 180 contracts that were traded here okay so as I zoom out now you start to get a much clearer picture okay depending on your timeframe that you trade you can see the the aggressors here lift the offer and then price starts to pull away basically right here but then then we this was the critical area that we're looking at earlier and we can see that the aggressor won the battle here on on the buy side and pulled price to the upside okay so that is something here that book map is showing you at all of that information is not displayed within the candlestick chart okay and as you can see here we were pretty pretty spot on starting to understand what was occurring here as this breakout has now continued to the upside because we see more volume trading at higher highs okay all of that information was not present in the candlestick chart okay now we've just covered volume okay only volume at this point there that and that's very helpful we want to understand where the trades took place how much what type etc and the timing of it but on the other hand there's there's another side to the order flow and that side is understanding the the bids and the offers okay what about the auction where traders lining up to bid and offer in this market and that gives us tremendous insight here and most of us are not familiar of consuming this data okay so the way we consume it is we look at the the dome okay so here is the dome over here in these columns in book map okay so if I look at the current order book here I can see the depth here on the on the bid down to this white line and the depth here on the offer up to this white line okay best bid and offer is right here as you can see and and it's also displayed here in this window okay with the dash lines this number here is the last traded volume and then here's my price ladder that I have spread out for every four ticks so I'm just looking at the whole numbers all right okay so the liquidity here in the dome these are contracts where traders want to bid in this marketplace okay so we see a thousand twenty four contracts here thousand fifty etc right so they're lining up here they want to be buyers at this price level and they're providing liquidity okay the same here on the offer but they want to be sellers at these price levels okay the market is an auction and that's what's going on within the dome as we can see here okay this is like any other dome that you you know usually look at and then the problem with the dome it's it's it's excellent for the current market condition okay we can see the liquidity at these price levels and start to start to gauge where there's interest to trade problem is once these traders pull that liquidity or add more liquidity that previous data is now it's gone there's no historical reference of it so to understand the current market it's also very good to understand what just previously happened there too and that's the problem with the dome is because that this data is refreshed and then in that historical context is gone okay now this is where book map will solve that issue so let's click on the the heat map here okay and now we have historical reference of the liquidity in this marketplace okay and this is already telling me a lot okay I'm actually I'm looking for continuation to the upside here just based on what I just did okay why is that look at look at the liquidity here on the bid okay there's more buyers interested after this breakout okay the sellers are up here okay but we have broken out of this channel okay this is where we can see the buyers or I'm sorry the sellers here the buyers down here we've broken out of that channel and we see buyers now at a higher level okay before I get into that we'll we'll finish up by that little bit of analysis here but let me let me show you exactly what this heat map is displaying here all right so the the heat map is a graphical in this window here it's a graphical representation of the liquidity these numeric values here okay so when you see these numbers change you'll see the heat map change right now I've got it set pretty high here so let's let's bring it let me click on the automatic contrast configurations and actually what I'm going to do here is I'm going to kind of blow it out a little bit so that we have a little bit better graphical representation here so it's a little subtler now and if you you'll note certain areas in here when the the liquidity changes okay the heat map will change the brighter areas are higher liquidity okay darker areas are less liquidity so that's what this window is displaying here and this is the current market okay and you can just see it shift there it is as I zoom a little bit so now what's interesting is when these numbers change here and we see the heat map change to reflect that it is now recorded just to the left of this vertical white line okay and note these striations that you see up here this is the adding and pulling of liquidity okay as I can as I hover over here with the data tip tool you'll note you see the date the time and then what was on the ask okay as I as I continue to scroll you'll see that these numbers the number changes there on the ask along with the time right so it's giving me exactly what occurred here at this price level in the auction on the offer okay so and now we can start to gauge the intent of these traders at these areas and that's what book map is offering here okay and that is not seen here in the dome okay you can it is it is difficult to remember back here there were so many traders they pulled here as you can see on several levels and remember how when I first came in I was looking for a continuation to the upside all right and we're already getting it here all right it's already moved a few ticks okay and that is because there's buyers here that are aggressive they've been in the in the market here for a bit and now we need to see continuation right we want to see that these buyers step in and we want to see the aggressors step in as well okay but there's a lot of liquidity down here buyers at a higher level and that's the insight that we're getting okay so being able to read this historical context is that gives you a lot of transparency into the marketplace now we can start to gauge the auction as well as the transactions in the order flow okay so the the transactions and reading the volume is important but it's just as important to understand the condition of the auction what is the liquidity how are they behaving are they adding at a higher level are they pulling at a higher level these are questions that gives insight to the price movement okay this is an aggressive breakout in this example right here and why do I say that okay because it moved out pretty quickly and now we see buyers at you not even where it broke from here but they're even higher okay so initially at this point here I'm looking for that continuation to the upside okay now this can change and we'll we'll note the change okay and so far I'm still sticking with that analysis these guys might pull though and if these guys start to pull and they get aggressive here on the offer and I start to see a lot of aggressive selling here in volume then I'm looking for a retest of this 2464 where we broke from okay and that's where the the aggressors are going to support price and maybe we'll start to see liquidity line up in this area here alright so there's starting to understand the the context of the auction and also the context here of the the aggressive volume put that together and we've got a very nice picture of the complete order flow alright any questions no yeah no the basic version Jason is 49 per month and the advanced is 99 per month okay yeah and it is it is build quarterly and just remember the DX feed that is for equities okay and let me show you Apple here for example have Apple okay and we can see the basically the same pattern we were just looking at here in the ES okay note the channeling here down in this area note the breakout note the aggressive volume okay and we see continuation to the upside alright and look at the the flip of liquidity here in this area now this is less aggressive than we were looking at previously okay but it is still aggressive they the offer was here and they flipped over here on the bid side to support price from this breakout area here of 6145 or 6150 okay and so far you can see the action okay we're up at 6205 came up to 6220 basically right so we have a complete understanding of the the auction here and their willingness to buy and sell and their intent and the the commitment here within the transactions in the trading alright okay guys well yeah thanks for coming not not the most interesting day to see but you know some of the order flow structure and phenomena that we look at in the advanced we go into a lot more depth but you can start to understand some of the basic building blocks here that will help your trading okay so whatever method that you use this would be the next step is to start to really pinpoint your entries and exits based on what you see in the order flow here okay alright guys yeah thanks for coming and we'll do it again tomorrow and tomorrow's Friday so that'll be it for the for the week and then we'll do it again next week okay all right have a good day talk to you later