 All attendees are in listen-only mode. Good morning, traders. This is Bruce at Velox Pro. If you can hear me and see my screen, please type yes in the questions and we'll get started. All right. Thank you. Okay. Good morning, everybody. All right. So let's take a look here. There's the handouts folder there in the GoToWebinar software. And I just want to let you guys know about that. There's a few PDFs in there. There is the Bookmap User Guide for 5.0, and then the Bookmap HFT Intro Guide, as well as I keep uploading the CME Rule 575 PDF as well, because it gives insight to exactly what's going on in these markets today, and how Bookmap visualizes a lot of the information that is in that rule. A lot of the spoofing type of action, flipping of the book, and a lot of other phenomena that is considered illegal now. And Bookmap helps visualize this kind of behavior. You can see it right in the book. Okay. So it's very topical. It's being defined right now in the courts. You'll see articles, and there have been several articles about it in the last few years, and you will continue to see articles about it. So that as well as the Bookmap HFT Intro Guide will be very helpful for you. All right. So those are a few of the free resources. I'm going to get into some others here, but let's first go through learning order flow in Bookmap here today, and the risk disclaimer is 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 at bookmap.com, and then those free resources. Okay. So once you come into the members area here, the portal, this is where you'll find these resources. All right. It's under this Education tab here. Click on this link here for the link to all of the recorded webinars. All right. So this webinar will be up there as well, and then you can see the one from Friday here. And after today, if you want to watch Fridays, click on the upper left-hand corner here, and you can see there's a dropdown of all these previous webinars. Okay. For example, we gave one on the 23rd on Thursday to the oil trading group. Okay. It was hosted outside of bookmap.com. And then you can also see the webinar series that we had last week, or a week ago, with a bunch of other traders that were invited to present here during this time. We had Mete on Monday. We had FT-71 on Tuesday. We had Ferron Font-Romental on Wednesday. On Thursday, we had Jason Love from the oil trading group. And then Friday, we had Daniel Skalak. Okay. So please watch those. This was a great series with real traders, how they're using bookmap in their style. Okay. That's what's key here. And that'll be what's helpful here. I'm going to go through, and we're going to read the order flow. However, I'm not going to dictate any sort of specific style or set up or anything like that. If you're looking for that, these webinars will help you. Okay. And then, let's see, the other videos here, I want to encourage you to watch as many of these as you can, these video snippets. So click on this link here. And very short, concise videos. They're just a few minutes each. And they go through the phenomena that we can see here in the order flow. And then you will look at your specific levels and your style of trading and then how bookmap gives you insight to the order flow at those areas. Homayra, you were not able to see the webinars? Okay. They should be in there. There should be a link that, there might be a text link and just click on the recorded webinars. You'll see it in there. All right. Okay. So, if you have any questions for us, reach out at support at voloxpro.com. Okay. And then, let's get into the presentation. Okay. So learning the order flow with bookmap. Why order flow? Well, you're going to want to look at what exactly the market is telling you on the microstructural level at your specific levels of interest. So we'll look at some higher time frames first. Okay. Regardless of how you trade, if you get an indicator signal and it's telling you to buy it, well, then you want to look at the book and see what it's telling you. You're going to gain insight to those areas and it's going to maybe make you a second guess at those points and just say, no, this is not what I'm looking for at this level. I'm going to pass on this trade. And this is going to give you tremendous insight at those levels. Okay. And we'll go through that. We'll see how they're supporting price on the breakouts or not. And you'll be able to read it very, very quickly in book map. Okay. And that's going to allow you to not only validate your signals, but then to pinpoint entries and exits as well as your trade management. All right. So let's take a look at some higher levels. We're going to look at the ES. And we're going to start here just with a daily chart. And you can see just continuation to the upside here. And also today too, we see yet again continuation to the upside. Okay. And now let's jump down to 30 minute. Okay. And what is this telling us? Okay. So I'm just going to outline some specific areas. Right. So we have something to gauge. Okay. So this is just something I do in general. So we have an area to look at to see what the order flow is going to look like at these areas. I'm using just simple horizontal lines and trend lines. And you can see that here at 9.30, this is the cash open, the candle here. Well, we had initial move to the downside and a lot of buying coming in in this area here. Okay. So from this area 61 on up, and you can see the follow through to the upside and they found the sellers up here. And this was from the overnight session. Okay. Last night and it looks like maybe Sunday as well. Okay. So I am interested in what the order flow looks like at some of these levels up here. And yeah, we had previously aligned here down at this 59 area. So some pretty strong buying. They didn't even come down to that area. They started buying immediately before that. Okay. At 61. So that's showing us something already. Okay. So let's take a look at the book and see what it's telling us here. Okay. You can see here with 5.0 bookmap beta version. We have a indicator panel in the subpanel here, subchart as well as this little widget panel that gives me the output and numeric value of my cumulative volume delta. Now we're just demoing this right now or it's a beta version to show you our new bookmap API. All right. So you can program and import custom indicators into bookmap now. You can write them yourselves. It's Java based. And you can also write your own trading strategies. Okay. That's under this button up here, the API add on configurations. Okay. Click on that. You'll see the button here for volume, cumulative volume delta and the settings here. We can go over this a little bit later. But I just want to point that out. And then I also want to point out these automated trading strategies. Okay. Now these are not available for a live funded account. It's available in the live market, but when it's simulated only in bookmap. Okay. So if you're a Ninja user, we can't actually mimic that simulated by bookmap only. So you can only use it in replay mode. Okay. So just please note that. And let's see here. Well, we'll go through these. Maybe we have all week to go through some of the trading strategies in the cumulative volume delta. But let's just start with the basics here. Okay. And what are we looking at in bookmap? All right. And actually before that, I think there was one more resource here. Did not go through. If you want to give bookmap a try and you want to follow along in these webinars, this is where you can find it. It's under this pricing tab. Click on the, if you want to try a demo here, you get it for 14 days. Okay. That's completely free. And see if you like it. All right. And you can follow along in these webinars. And you can see the two prices that are available for basic and for advanced. They are subscription-based, billed quarterly, but monthly price is 49 and 99 for the advanced. Okay. The advanced has all of these add-ons and the capability to trade from the bookmap chart as well. The one-click trading here. Okay. All right. So that's, I would encourage you to try the, at least the trial so you can follow along and see if this works for you or not. It's really, it's up to you. Okay. But we think that you give it a try. You'll start to see the markets in different light here. All right. So let's start with that. What are we looking at in bookmap? All right. So there's a lot of, it looks like there's a lot of information here, a lot of data. Okay. It really isn't. It's actually very, very straightforward here and a very objective and transparent view of the marketplace. Okay. So what I'm going to do is I'm going to turn off the volume dots here and the heat map settings. Okay. And now we can really simplify this. Okay. There's three sections we're looking at here in bookmap. Okay. This view here is all historical. All right. This view here, this vertical rectangular window is the current market. All right. We can see the best bid and offer right here with these dash lines. And then this number here is the last traded volume. Then you can see your price ladder here on the ES and then you see these columns here. Okay. The columns, well, let's go hover over the top of the, well, the title here, it says current order book, COB. Okay. This is your depth of market in bookmap. Okay. So this is your dome. All right. And this is your, your depth here on the bid down to this white line. Okay. And then use your depth on the offer up to this white line. Okay. And then you can see the best bid and offer right here. All right. The other column I have right to the right of it here is another current order book column. However, this is just a graphical representation of the numbers here in the book. All right. So we can very quickly point out areas of high liquidity by looking just at the bars. Okay. These columns that you see over here, the CVP and the SVP, these are just their volume profile columns. And there's all sorts of different columns and configurations. We can look at traded volume. We can look at actual number of trades. We can look at quotes that were refreshed and we can look at the delta of quotes, the change of the quotes. All right. As well as custom note columns. Okay. So there's all sorts of things in here. If you want to know more about that, just right click here and you can see what we can format this column. We have some other settings for session accumulated and chart range. But you can see and you can reset those as well. But you can see all the different kinds of data here. Okay. Current order book, volume, trades counter, quotes counter, et cetera. Okay. So that's just right click and that'll get you set up. Robert, what's the white line on the profiles? Yeah. This is, it's not the POC. It's your VWAP. Okay. And it's probably going to be more or less the same. Okay. See Jim, would it be too much to ask maybe sometime look at the NQ and give some thoughts. Doesn't have to happen today. Yeah. Sure. We can look at the NQ another day. I don't even have that market loaded here. Okay. But yeah, that's no problem. Okay. So let's simplify this. What we're looking at in book map here. Okay. So we got our columns, we got our current market window here and we have our historical best-bidden offer. That's all we're looking at here. It's just historical best-bidden offer. All right. And no candlesticks. We're not time-based like that. It's not a certain time configuration. Or we're not tick-based either. You know, there's no sort of action that's taken once a tick occurs. There's no accumulation. It's a streaming market. And we're recording every single event down to the nanosecond. Okay. So historical view just best-bidden offer right now. Okay. Let's turn on the volume dots. Okay. Now we're just looking at traded volume on the historical best-bidden offer. And that's it. Okay. You can see that this is very much like a footprint chart because you can see where the volume is trading, the size, how much, what type it is. Okay. If it's red, it's an aggressive market sell. If it's green, it's an aggressive market buy. You'll notice that these pie displays here, there's a combination of buying and selling, but we're still giving you the overall delta. You can see that in this little spike to the downside, it's the majority of it is selling. Okay. More than three-quarters of it is going to be selling. All right. So that's very much like your footprint chart. All right. Okay. So that's just a best bid and offer with added, the addition of volume. Okay. Now, we're going to turn on the heat map. Okay. Okay. Now, this grayscale heat map, now it's getting, it looks a lot busier. It's actually very, very simple. Okay. What we're doing book map, and I'm going to zoom in here. Okay. We take areas of high liquidity from the limit order book. Okay. And to, in the live market window, this, these areas of high liquidity are, are now given a graphical representation in the heat map. Okay. So we know very bright areas are high liquidity. Okay. And you'll see that these, these areas here, they will add and pull liquidity, and these areas will get brighter and darker as they're adding and pulling liquidity. The numbers will change. And at the same moment, the heat map will change. Okay. And there's a configuration button here that we can show. Let me just bring up the brightness a little bit and you'll see the distinctions here. Now, it's a little too noisy for me, but just for this demo, I want to show you these areas of the, of the scale in the heat map. Okay. So you get an idea of what's going on. Okay. These numbers change and the heat map changes. Now, where this gets really interesting is we record this data. Okay. And then project it onto the chart historically. Okay. So these areas here, notice these striations in the, in the heat map. That's the adding and pulling of liquidity. All right. They, they come into the market. They add and then they, it starts to get a little darker here. They're pulling liquidity and then they add back and this goes on all day long. Okay. However, that's great, but you know, maybe that's not so helpful. That's why you'll need to use the, the contrast configurations tool here. Okay. Just click on that and let's bring up the white cutoff. Okay. And maybe the, the black cutoff will bring that up a little bit too. Okay. And I'm going to bring down the brightness. Okay. Now I'm getting a heat map. Let's bring up maybe the large, large size here. Just a little bit. Okay. All right. Now this is giving me a heat map that I can read and I can use for my style of trading. Okay. It really depends on you. There's no one setting and it's, and it's not set and forget. Because, and the reason being is that all of a sudden you might see 2,000 contracts come in here. Okay. And that's going to make the scaling here and the heat map different. Okay. But all you need to do is just click on this tool here and just tweak it a little bit. All right. And you'll be fine. Okay. All right. So now we can take a look and we can start to understand the auction and the intent of the traders, not the transactions that took place, but the actual auction where, where they were bidding and offering and why, for example, you know, I was looking at my higher timeframe earlier. Okay. Let's go to that. Okay. I was kind of anticipating them to come down here to the 60 level. Okay. 5960 area. Okay. And they didn't. Why is that? Okay. Well, this is why. Here's, here's your answer right here. Okay. Look at, look at the depth of the market here in the book. Okay. These traders meant business. Okay. They wanted to get into these areas with high liquidity. Okay. We can use this data tip tool and we can roll over these areas and we can start to see. Notice how, like we, okay. So, and I use this tool here. In fact, let me zoom in. I'm going to click on the hand tool, hover over this area and we're going to just use a center mouse wheel to scroll in. Okay. Now this data tip tool, it shows us the, the date, the time and then what was on the bid at this price level. Okay. Over here, there was 1200 contracts. Now there's 1300 and as I scroll forward here or move forward, they're adding more and more liquidity in as price is coming down. Okay. So that means that they want to buy. All right. In fact, they got very aggressive here and they, they even added a very, very high liquidity. A few ticks above these guys here. Okay. All right. So we can see that the liquidity here was over 1300 contracts at 61. Okay. Here's our 60 and a half and they had almost 1600 contracts. Okay. A little bit lower, couple ticks lower. They're adding in as well. 1300 contracts. Okay. So we know and from this behavior, they want to buy. All right. The sellers could take them on but, you know, they didn't and they were supporting price at this level and wanted to be buyers here and price veered away from it. Okay. And that is the reason why we didn't come down into our level at 60. These guys were kind of front running that level. All right. Okay. So, okay, I know that's a lot of information but, and I'll get into this a little bit more. Just to simplify things here. But first, let's go back to the presentation here and I want to go over the order flow here. All right. So, we looked at our higher levels. We're looking at our micro structure now but let's read that area. Okay. We're going to show up every day here to the marketplace, to the auction. Okay. And we're going to, the first three questions that we want to know about this auction is where are the big, the big buyers and sellers? Okay. That is the current configuration of the book. Okay. Where are they? All right. And then we want to understand how do they behave when price approaches them at these areas? Okay. And then we're going to read the tape. Okay. The transactions. All right. So, you know, we were reading this area here. This was, and we know this is high liquidity because it's bright white. Okay. Compared to the other areas around it. And we can see how the market behaved into that area. And where were they on the offer? Well, this is kind of interesting stuff here. They were actually pretty aggressive in this area here. And a lot of that, a lot of that got filled. It got absorbed. You can see the transactions taking place here and these green dots, these flurries of activity here with green. Right. There's a lot of buying in here. Okay. And that pulled the market up. Now we get a retest right down a little bit below this little kind of flurry of activity here. And it rejected out of that area and then went back up to the upside. Okay. But we're just looking at the buyers and the sellers. Okay. And where are they lining up to trade? Just like showing up at any auction. Okay. So let's look at the current book. What is that telling us? If I zoom in a little bit here, well, we're coming down and we're testing the buyers here at 65 and a half right now. Okay. That is the current configuration. Okay. Where are the sellers? Okay. Well, they're up here and they're starting to pull. But they were up here at 67 and three quarters. Okay. Now we're going to answer that second question very objectively here. How are these guys behaving at 65 and a quarter here? Well, clearly they're staying in the book. Right. Now they just pulled a bit. Right. There they are. Now a lot of that is listed here. We can see. Okay. They took them on and they provided that high liquidity. But look how they stayed in the book here. Look at the transactions that took place in here. Okay. And it wasn't that many. We see very little, you know, red dots here. Not too many. Right. In fact, they took them on a little bit lower here. Okay. A tick lower. But so we're answering that second question. How do they behave as price approaches them? Okay. And they stayed here. Okay. And then they pulled a little bit and, you know, just one tick below but it traded. Now, so that answers our second question. Okay. How do they behave at these areas? And we know that they wanted to buy. Okay. And they stayed in the book. Okay. So now look at the aggressive sellers here. Now they're starting to pop in. They've been up here at 67 and three quarters. Now they're at 67 and below. All right. And what about, are they going to defend this area of the buyers? Are they still interested in buying at this level? Well, not, we're starting to see them starting to pop back into the book a little bit here. All right. But that was, it wasn't like before. Okay. Now they're starting to get interested, as price is going away. And then these sellers here, they're pulling. Okay. The buyers, I mean this, the bulls can have the run here if they want. All right. They can just lift the offer up into higher liquidity. All right. But not, not quite getting it right now. All right. Okay. So that answers the first two questions showing up to that marketplace and reading the intent of, well first off, where are they in the book, the larger buyers and sellers. And then secondly, how are they behaving as price approaches them? Okay. And we're answering those questions. Okay. So we know that they're buying in these in these areas here around 65. Okay. Doesn't mean that, you know, it can't continue on and trade to the downside here at all. We can see a flip of the book. We can see the aggressive sellers. They can really hit the bid hard down below that area. And then you might see these, these buyers here on the, on the bid at the 65 and three quarters area flip and be on the, on the offer. All right. That's a possible scenario here. Okay. We see it all the time. But we're just getting insight to the current, the current auction. Okay. Now the third question, and this is considered the traditionally the the tape reading. Okay. Is the transactions. Where are the transactions taking place? The volume? Where is it trading? How much? And, and start to get a feel for where, where they really want to deal, because the volume in the end is showing you the transactions and, you know, that that can't be pulled like liquidity can. Okay. But, you know, it's a combination of things here. The understanding the limit order book has a tremendous impact on price. Okay. As we can see here, I mean this, this wasn't really a level earlier. Okay. But it was though due to the, the liquidity here. This was the story here. Okay. And that's how it can help you give insight to your areas. All right. Okay. All right. So, reading the tape here. Okay. Well, we can see here in the 930 open, the volume really picks up. We have an initial move to the downside, and we saw them supported at a higher area here. And we can see the the aggressive bind that came in, and we made highs here from this, this little swing from the open. And we got, we got a retest here, but they came right back in and pulled, pulled price up to the upside. Okay. So I'm just going to use a few simple, you can draw on the chart now in, in bookmap 5.0. Okay. And just look at some simple lines yet again here. Okay. For, just for our bookmap. All right. Horizontal line. We can see that this is kind of a flip of the book as well. Okay. We, we started to, we traded through this area. It's pretty sloppy, but we traded through this area around 60, between 65 and 66. And we're, we're back now testing that area to see if those buyers are still here. Okay. All right. So in that flip of the book that here, they were on the offer and they pulled, right back at this area here. Let me get back to my arrow. Okay. At this area here and they started pulling as prices coming up. Okay. So, you know, we don't, we don't see the transactions taking place here, but now they were on the offer and now they're kind of supporting it, you know, much, much later though, back in here at this area at 65 and a half, okay. All right. So, well, we'll see now. Let's, let's take a look at the auction. What's going on here? Let's see, Christopher, you can't see the same iceberg orders as I. Yeah. You know, the iceberg detector is this red number Christopher is talking about and it's in the current order book bars column here and what, what this number is showing here and this is one of the add-ons for the advanced bookmap version is, it's showing liquidity that traded that wasn't in the book. Okay. So, let's say on the offer here, you know, you see this 341. Well, in that area here, there was 341 contracts traded that was not in that limit order book at that moment. Okay. So, you have to be, this is kind of tricky iceberg detector. It really depends on how the the orders come into bookmap. It's, it's a very, you know, simple algo in bookmap. But it, what really matters is the the, the data of, of how and when it hits the book. All right. And the, all right. And you might get the varying numbers between different data providers. Even from the same provider from just different areas. And even from the same area and the same data provider with different machines. Okay. So, it's not, you're not going to see exactly the same things here. Okay. Yeah. Chris, you want me to continue on with the imbalance indicator as well. Okay. No problem. We'll get into that. And the, the, the imbalance add-on indicators are up here. Okay. You see the book imbalance and volume imbalance. All right. What this is showing here is, we'll start with this, the volume imbalance, because that's easy. The volume imbalance is showing just, it's just a calculation of the volume here. Who's, who's the aggressor? Who's winning out overall? Okay. And you can see it's flat right now. Okay. And we're going sideways. You know, so doesn't, makes rather, you know, good sense. Okay. Now it's important to note that both book imbalance and volume imbalance work for the chart range. Okay. So if I zoom in, I'm going to now have a new calculation here. And we can see it's plus three. All right. If I zoom in more, now it's negative 11. Okay. Because we see the selling that's just come in. All right. So if you want to study a specific range of that volume, you can zoom out and just put that range in your, in your, in your view. Or you can click on the hand tool. Okay. And we can use the center mouse wheel to scroll in and put that range within our historical view here. And we can see that there was a little difference in the selling here. Okay. Okay. Buyers are still, now we've got a little, a little more information here now. Okay. From the, the open swing low here, we have our trend line. We also have our flip of the book here. Okay. Now we want to read what the, what the book is telling us here in these areas. And they're, they're on both sides right now. And we're, we're between like a, you know, here come the sellers. Okay. And the buyers are pulling here, but you know, I still think you're going to find buyers here. I think that you might see a little bit of spoofing type of action. And what do I mean by that? Well, it could be something similar to this right here. Okay. Showing very, very high liquidity, very quickly, but then they jump out of the book as price approaches them. Okay. So do they really have the intent to trade? Like these guys down here? No, they didn't. We can, this is why we're answering that second question. Right. So we're, we're starting to get a feel for this right now. All right. Starting to get a feel for the intent of these traders at these levels. Right. They wanted to trade here and they did. Okay. These guys here, they pulled their liquidity. Right. It was wide open for the, for the buyers. Okay. But look at the, the volume that traded up in this little area up here. Okay. Very, very little. Okay. So these are points of exhaustion where the market doesn't find anyone that, that wants to trade at this, at this area here at 66 and a half. And we fall back down into our, our higher volume node. All right. All right. So yeah, now it's getting interesting here. I think let's see if we, let's see if we get some of that spoofing type of action again here. Right. I'd like to see that. I'd like to see them get very aggressive here. I'd like to see these guys pull, but maybe we see then a lot of icebergs go off down, down below 65 here and we reject out of this area and the buyers come back in and then we, we advance again to the upside. Okay. That's a possible scenario. Right. We'll just look at the order flow here and it'll give us insight to what's going on. Okay. Or maybe they'll just get really aggressive here. Another possible scenario. They will, they'll stay in the book like they did before. And, you know, they'll get filled and maybe we'll continue on up to the upside. Now, let's read this though and read the intent here, how this is a little more bearish here. They're providing liquidity at lower levels here than, up than before here. Okay. So this was just, you know, 12 minutes ago. Right. So you can see that they, they got filled in these areas here. Now we're, we're a ticker too lower and now they're getting filled down in these areas here. Okay. This is, this is again, they're getting filled. Right. So let's see if the aggressive buyers come in now. All right. I'm sorry, I kind of deviated from the book and balance but you understand the volume and balance. The, the book and balance is the same thing, except it's not about volume at all. It's about the liquidity. Okay. And it also works on the chart range. Okay. Now there's some settings for it. You'll find all the add on settings under here, under the configuration button or studies configuration and here's your volume and balance and here's your order book and balance. Okay. So you can limit the levels to calculate in the book. Okay. And you can also have them weighted a specific way. Okay. So I'm not going to get into those settings right now. Take a little, little bit of a discussion. Okay. I've got a few more questions here and then we'll wrap it up. Let's see. Yeah. Benjamin, you'll need to let me know about your, your data provider. Who's it, who are you getting your data from? Okay. You only see four icebergs. And let's see, you have two different data platforms, dividing data between two different platforms for the same provider. No, that should be fine. That shouldn't be an issue. Rhythmic. Okay. Yeah. No, like I said, you're just going to, you're just going to see different, you're going to get, I mean, this is, this is, let me show you why this is so specific and why it matters. Okay. So, yeah, we got kind of a, a little bit of a, like I said, this was a little more bearish here. So I think we, we might see the sellers come back in. But if we look in here, we can see that buyers are now starting to, to jump back in and they're taking it to the top of the range here. Now we need to get up above, if we want to continue, because we are in this, a slight downtrend here. Right. We need to, we need to get above some of these swings. Okay. We need to get up into some of these areas up here where they're providing high liquidity. Right. And here's our spike below the, the trend line. Okay. We're looking at that. Okay. We've seen them get filled below the trend line as well. Okay. So, yeah, I'm, I'm still looking for, you know, these areas up here to get tested. And then I want to see if we start to accept and maybe we get a flip of the book up in these areas up here. All right. So that's what I'm looking for. And that's just, you know, there's a few other scenarios that might unfold. It's Monday. We might just, you know, channel back and forth here for a while, but just reading the book and putting together some very simple pieces. I'm looking for some of this higher liquidity to get tested. All right. Let's see. Go back to, oh, yeah. Okay. So I want to zoom in here and I want to show this. Okay. So you're going to see as you start to zoom in how book map is, we're starting to break apart all of this trading activity. Okay. So note this little area here. Okay. There was a flurry of activity. It was too much to show in this little area here, even with this zoom, zoomed into like 10 seconds here, there's so much trading in here that I can't show you each individual dot. So we've given you the overall delta of it and we can see there's majority of it's buying. Okay. If I hover over that area and I zoom in further, now we're starting to see what happens. Okay. Now I'm zoomed into the millisecond level. Okay. And I can see it unfolds here. What exactly happened? Okay. We see our sellers come in first. We have a little bit of a pause and then they started to lift the offer here. You can see a little flurry or cluster here followed by another round right afterwards and then a few larger trades after that as well. Okay. All right. And so, you know, when we start to zoom into these areas here, okay, we can zoom in and continue to zoom in. Right. Down to these millisecond or microsecond levels or nanosecond levels and see every single event that took place. Right. So, that's why I say it really matters. Bookmap just, we display the data as it comes in through from the provider. Okay. How it hits the book at what time there might be, you know, some sort of lag or, you know, something that might be a little different between different machines and therefore, you know, you might get a slightly different reading on your, on some of your add-ons. Okay. So, we're getting very specific here. All right. So, that's what I wanted to show. Okay. And also, it's a good demo to also show in display, like how, even though we don't trade at these levels at these millisecond levels, but we can, bookmap is still, it's recording all the data, but it's making it still very, very effective visually as you zoom out and you can understand what kind of occurred at some of these areas here. All right. Pablo, yeah, how can there be a red dot on the ask? Well, that's part of the lag, right? The bid and the offer that data comes in a bit differently than the traded volume. Okay. They come in in separate data feeds. All right. That's in, it's in the download as well. Let me show it to you. And then we got to wrap it up. I've been going for way too long here. Let's see the, let me show you the HFT guide. All right. So, I mentioned earlier. And I'm going to go down to the bottom here. Okay. Here we go. On page 24. Okay. This is how HFT data is disseminated. Okay. Here's the exchange. Here's you as a trader. Okay. Here's your quotes data that comes only one directional, one direction here from via UDP and FIX. Okay. That's your quotes data. Okay. That's your bid and your ask. All right. As well as your depth. And the trade data, though, that comes in in its two ways. Right. And it's via TCPIP and FIX. All right. Okay. All right. Well, we did, we did, we did get a test up into this area here just shy of this high liquidity here. And we get another rotation down again. All right. Okay. So, not too decisive at all. All right. So there's this downtrend is still continuing here to the downside. All right. Okay. Homaira. Rhythmic in NT7. Yeah. Absolutely. Bookmap will work with that. And no, no problem. Yep. Okay. All right, guys. Well, there's and we've gone through some of the order flow. Structure here. Understanding that, you know, some of these areas of, you know, that, that book flip, that, that high liquidity. And, is it, are they offering it higher or lower? Okay. That, that area that we were just, we were covering here, for example, you know, they're getting filled in these areas here. Right. And then, and then you can see that they want to provide liquidity a little bit lower. Okay. And that's, that's bearish. Right. They, they're not, they're not as aggressive as they were before. Okay. They're looking for a better price. Right. I'm surprised. I, I thought we would have gotten a spike a little bit higher here, maybe up into 67, but, nope. Yeah. That, that'd be good. Oh my right. Just, yeah, let us know. Absolutely. Give it a shot. See, and the let us know how it goes. Okay. Okay. All right. Learning, learning the order flow. Again, I would encourage you to watch those video snippets. Those are here under the education tab. Okay. Right, right here. Watch as many of those as you can. And use the replay mode. You can record your data here. And use that replay mode and continue to to watch again and again. Right. That's how I learned order flow in book map and started, you know, to put the pieces together and get the insight at these specific areas. All right. Okay. All right, guys. Well, if you want to give it a try, you can give it a 14-day trial period here and you can see the pricing information as well. Okay. Yeah. Thanks for coming tomorrow. Bye.