 Okay, welcome to the bookmap platform details webinar. This is Bruce at bookmap risk disclaimer trading equities in futures involves substantial risk of loss And it's not suitable for all investors past performance is not necessarily indicative of future results Go to bookmap.com for more information And there is a free trial a 14-day free trial of the product. It comes with education Okay, you get access to the bookmap educational course. It's four-part series and Then you also get access to the advanced order flow webinars in the live market and that starts at 11 o'clock, so in about 30 minutes these webinars Go over in detail in the live market the content that we go through in the educational course so learn about it in the course and then Learn about it in the live market that supports that educational course with the advanced order flow analysis webinars Okay, there are some other resources as well that you receive If you have any questions go to support at bookmap.com and email us Let's take a look at the Website here. Okay, so just scroll down a bit. There's an intro video here. I'm just going to go through it quickly for you guys and It's a couple minutes long just goes through the basics of what bookmap is a bit further down about bookmap some of the text here understanding the benefits in the platform, etc a Bit further down. Here's a data feed for Nasdaq total view. Okay, you can also access not only futures, but equities US equities all US equities in bookmap Hey through Nasdaq total view It's through dev experts really great data feed Let me get into it a bit further down and cover the connectivity to the futures markets as well. Okay, so Bookmap is a true platform. Okay, you can connect your data directly with CQG rhythmic gain capital IQ feed transact and Also dev experts for for Nasdaq and and US equities Now there's three platforms here as well We are a platform just like they are Ninja trader TTX trader pro and interactive brokers trader workstation We also connect via the API of these three platforms. Okay, but we are a platform just like they are the Something new here, and I'll be able to show it to you guys today is Not only do we have Connectivity now this is going to change here in the next month Or in about a month. It's not only to the futures and the US equities, but we're going to offer cryptocurrency connection Okay, I have some things to show you so I think you're really enjoying that and Let's Go a bit further down here pricing. This is where you can find bookmap for the 14-day trial period There's bookmap basic advanced and quant basic is $49 per month. It is billed quarterly. Okay, you get a 14-day trial And then bookmap advance is 99 per month billed quarterly All right, and the difference between these two are the the add-on features and different features So the ability to trade right from the chart. Okay great feature You can see the evolution of all of your trading activity It's all recorded if you if you move your stop or your your take profit That will be recorded in bookmap and you can see everything What's so great about it as well is then you can use it in replay mode and debrief all of your trading activity And then using it in the live market Well, you've got the heat map right in front of you so you can front-run high liquidity with your entry orders And then you can manage your stops behind large areas of liquidity. Okay, so offering much more optimized trading and Yeah, it's a definitely an advantage here There's also We also identify larger players with some of the proprietary indicators that we have developed the large lot tracker Identifies players in the order book that are holding the majority of the liquidity Okay, we also have the iceberg detector So those larger players that are using iceberg orders getting filled with liquidity. That's not in the limit order book We can expose them All right, we have some in balance indicators for volume and book order book in balance and we also have a correlation tracker Okay, quants. You may need more than that. So click here to learn more You know, you'll want to connect to your own data feeds and proprietary indicators for example So just we work with several quants. So just let us know happy to work with you Now if you're new to bookmap or new to futures or These markets and you don't have a data feed yet. Well, you can click here and get a free data feed Okay from other providers, not us. We are not a data provider and Therefore you can get a 14-day trial of the data feed and then 14-day trial of bookmap and and see if this is something that works for you If you want a complete comparison list, you can click here and get all of the difference in the details here Okay, so some media you can follow us at bookmap underscore pro and get insight to a lot of different information here Okay, here's Bitcoin for example, and I'm going to show you that in just a little bit And then you can subscribe to our YouTube page Okay, I mean just go through some of the playlists here on the home page There are these bookmap intro videos just to give you a feel for what's going on in bookmap Features and components. This is going through the user interface All the different features in bookmap and how to use them That's another playlist here. You can click on the playlist title and that'll open up the entire playlist Like here and you can see all the different videos that are in here. Okay, they're usually pretty short and go through all the different features order flow order flow video snippets these Videos here are this playlist Goes through the content that We go through in detail on in in the advanced analysis order flow webinars Okay, these are it's phenomena that bookmap is able to visualize a very unique way of visualizing the market in bookmap as I'll demo in just a minute, but We'll uncover all sorts of activity here This is what's going to give you an advantage and this is where the rubber really meets the road because you're able to Understand what bookmap is showing you and then how to use it to trade. Okay, that's going to give you an advantage Right, so that's that's that and let's take a look at these markets here Wow, the Nasdaq sold off pretty quickly now I'm just looking at a candlestick chart here on a higher time frame just to get a feel for what's going on in the marketplace And what markets mean? Maybe we want to look at here. Okay, so Let's stick with the Nasdaq. We've been watching that for quite a while And let's jump over and look at bookmap. Okay All right, so this is the new bookmap This is a beta version here. It's not available to you yet and Nice stuff. I'm not even familiar with a lot of these yet. So I am new to it as well here and I can go through some of the Questions that you may have here, but you can see immediately right off of that. There's all sorts of things going on here a lot of enhancements, this is a major upgrade and You can see the colored heat map here. Okay, and this is going to be It's a really nice feature. I really like it. You can see these levels of high liquidity They're going to be much more distinct in the in the color range Okay, so that's what we're looking at here. Now before for those of you who are new here So let me go through really what you're looking at okay because this information here, I Mean there's it looks like there's just a You know a ton going on. It's impossible to to understand and it's too complex It's really not it's actually the opposite What we're looking at here are just three elements in the bookmap chart Okay, the first is historical best bid and offer Okay, in fact, I'm going to go through it here and turn off everything else and we're going to just layer it on Boy we have all sorts of things here. Just just great new new new features here Okay, so we got nothing on the chart. Let's put on historical best bid and offer. That's it That's all we're looking at here. Okay, it's just there's no candlesticks. There's no nothing It is a very true view of the market It's where it bid and it's where it offered and we're looking at it currently here in this window Okay, this is the current best bid and offer and and then this is historical view. Okay, and that's it All right The green line is the best bid and the red line is the best offer Okay, it doesn't get much more simple than that The the nice thing about showing historical best bid and offer though is well I'll show you in a minute when we put the candlesticks on But we're able to see the microstructure. Okay now the next layer of information We're just going to add volume on here. Okay, and these these dots here It's these are transactions that took place on that historical best bid and offer Okay, and that's it. That's all we're looking at here Okay, so what this allows us to do though is is gain tremendous insight here just by understanding the volume with within The microstructure. Okay, but let me just describe what the volume is here. So it's very simple So here's our simplistic view if I just zoom in we're looking at best bid is the the red the green line here the the red line is the best offer and then You can see these dots here. Okay, these are the transactions on this on the best bid and offer Okay, a green dot here signifies This is a market buy order. Okay they they This trader or traders Wanted in the market at this moment. They press the market buy button. They cross the spread And they took quit liquidity off of the best offer Okay, if I zoom in here, I'll probably see maybe a few more transactions or maybe not. Yeah, there it is Okay, so now we can see here a Few more transactions that took place. So this is really what occurred here Okay, we're down at microsecond level, but we can see that that that one Look like one trade that took place for a volume of Five is actually Five different individual trades that took place. Okay, this is how these markets trade Okay, algorithmically, there's many that's why you see in your time and sales a flurry of one and two lots go through Okay, because algorithmically you can do that Instead of the the old days where you'd see these block orders for a hundred go through Okay, instead you'll see a hundred go through for one one lot only All right, so the that's the green dot the red dot is the opposite. It's a it's a sell Okay, and it takes liquidity off of the best bid. Okay, so now that's just two elements that we have here on the chart okay, and now we're going to go into the the third and that is the Where they're bidding and offering okay, and now we usually access that in a dome Hey, it's the dome is over here we're looking at liquidity in the limit order book and The levels of liquidity where you know traders are Lining up to buy or sell Okay, so the dome has also changed in this new version here. Here's my dome here on the On the bid side my depth here. Okay, you can see the contracts here where traders are lining up here Let's just zoom in a little bit more and And then here they are on the offer up here about these levels. You can see my price price ladder here all right, so now the You know it's great to witness the the dome and understand the auction where we're traders are lining up to provide liquidity They want to deal at these levels. Okay, but The problem with this dome here is that it doesn't record the data Okay, whereas book map does so we take this data here and we see these numbers change Okay, and they're changing all day long. You can see them bidding here pulling liquidity adding liquidity in the marketplace Okay, that data is recorded on the heat map Okay, so really high areas right now or the way I have my color heat map High areas of liquidity are red. Okay, other areas that are less significant are You know are dark dark blue. Okay as the liquidity gets a little bit higher They start to become white. Okay, and it goes you can see my map up here It goes from this dark blue to white To yellow and then finally to this red and deep deep red for really high liquidity Okay, so 117 contracts here, and we're trading right into it right now All right, so a great great new feature. I think you guys you're really gonna like this. I already just really embrace it and I think that it offers real nice subtle details in the liquidity here anyway the That's the the heat map here Okay, and and we take this data in in this window here with our best bid and offer You can see the graphical representation of the dome. That's what is going on in this window here So when the liquidity changes this heat map, it's gonna change After at that moment Right after it happens though, it's recorded and it's plotted onto the chart So that's what we're looking at and as they zoom out. That's that third element here Okay, so we have the historical best bid and offer we have the The volume that traded on the historical best bid and offer and and we have the heat map Okay, so that that's it the now Why this is insightful and why it can be so helpful and let's turn on some candlestick charts here and a candlestick chart let's zoom in a bit and let me Edit these candles here just a moment Let's just look at a five-minute candlestick chart. Okay. Here we go okay, so What book map is allowing here is transparency into these candles because these candles are not giving us Insightful information. They're very opaque Between a five-minute period all we're getting here is open high low and close. That is it Okay, we we have no idea about Looking at microstructures within this candlestick really what composed this price action here in this candle Okay, we can see that we came up here. We dropped from a range. It was range bound up here Dropped down into a range and we kind of breached a low here came back up and tested and then we finally dropped here okay, but all this kind of microstructure is is not shown in the candlestick chart and Even even more The the volume Not understanding where the volume traded on this candlestick. Okay, not only where but how much Exactly when and what type? Hey the aggressor classification All right, so We're getting a tremendous amount of transparency just at looking at those first two levels And then we have the heat map here, which is a unique feature in book map That other platforms just don't offer a being able to to see Where traders are lining up and their behavior in the book? Okay, so we can start to gauge their intent at some of these levels here to trade Okay Their interest in trading so we can see there's you know showing a lot of interest on the sell side here Okay around this 64 72 and then up here at 73 and 74 All right Yeah, the chart got more cheerful So yeah, anyway We can start to make distinctions as well like you know this liquidity here. Was it fake or real? Okay, are they are they getting filled her or did they pull? and this these are things we want to know and We can we can look directly in here and and engage the The trading within these areas here, okay some of it a lot of this was pulled here Okay, we traded up into this area here, and then you can see that the transaction is 29 contracts traded up here Okay Actually quite a bit traded down here 123 contracts All right, but that's on the that's on the buy side actually. So it was kind of odd I mean, let me take a look at that again Okay, no, that's correct So actually no it's a hundred and seven all together okay All right, so That's information. We want to know okay. We want to understand how the larger players are positioning themselves and That's the kind of transparency that we're going to get using book map here All right, so yeah nice nice move here to the upside filling these areas in as you can see some of these traders Starting to absorb these larger players up here with that high liquidity starting to absorb okay, and We can see the transactions taking place as well. We can make these volume dots a little bit bigger Okay, there we go Okay, not actually volume is not really telling us too much. I mean it's definitely trending up in these areas You can see the More volume at higher highs which is a trend. That's that's the way order flow works in a trend Some of these swings on the downside. We see very little volume trading, especially sell volume But that's not so true in this case Starting to note clusters of volume on these on these lows as well Okay clusters are selling All right, so I don't have a lot of faith in this trend continuing especially noting some of the areas here of them starting to get filled on the offer Okay, so we're looking at Areas where we're going to come up and we're going to look at this is what we do in the advanced order flow webinars Is we look at the structure? Okay, we don't care about the candles. We care about the structure here of The the evaluation of this instrument so We can see that we trended down here Okay, something happened like We we see buyers come in this is what happened and we came down into these areas down here buyers stepped in right here and this cluster of selling down here is going to be trap volume And they came in and they lifted the offer Okay, they're probably we're probably going to see areas in in here of absorption on the way down Okay, as these larger players start to absorb we don't even reach this higher level of liquidity down here at 64 62, okay, and the buyers came in and they lifted the offer and now they're they're filling the high liquidity on the on the offer up in these areas okay, so What we want to understand is how traders are Positioning themselves in this auction and their intent to trade in that auction We know that down here. We saw that they wanted to trade and they did And then some of these higher levels though We're just coming up to them now and we'll see we might start to exhaust out on the buy side Okay, now the structure that I'm speaking of There's all sorts of different ways of looking at this For those of you looking at volume profile. Well, we have some volume profiles over here in our Some of our columns So, you know, the the point of control here in this area in this viewable area is right here Hey at around 74 and that's right where we're fighting right now. Just to see if we're gonna go higher or not Yeah, thanks, Edson. Yeah, the color and that high liquidity is gonna really pop out compared to the grayscale and That's gonna be really helpful Right Okay You know what there's something else I want to show here and I Think it's I think the Bitcoin for CME is BTC BTC H8 is it Leave so okay. This is something I wanted to show you guys earlier Really interested in in Bitcoin here, obviously, I mean I think most of us are This is this is Bitcoin on the CME. All right. Look at the areas of liquidity here. Okay. This is a futures product Okay, it's not, you know, the it's a derivative of of Bitcoin Okay, so it's gonna be used mostly for hedging but Look at this you can see the massive spread here 150 points and And you can see the liquidity here the equities just really dismal here one contract two contracts, you know, I mean, this is it's really really thin Now we also have the offering we're gonna have for Bitcoin. It's gonna be through G DAX Okay, and here it is. Okay, it's completely different Look at the liquidity levels here. So, you know, we're looking at hundreds of Bitcoin liquidity here Actually, I'm gonna I'm Going to Hide the No, I'll keep it for now Okay, because we have a new dome here as well I just want to simplify this though to show you this these areas of liquidity like look look up here 8,000 contracts 7500 contracts Okay, now this is really jumpy here But this is tradable Okay, whereas the the one from CME right now is simply not tradable. It's a new product from them So maybe the liquidity will really Step up, but as it is right now This is the way to go is through this G DAX. Okay, because you can actually start to trade it here. All right All right, guys, we'll let let's wrap it up. We'll call it a day and I'll go over more and more about this new beta version that I have right now It's not available to you guys yet, but it will be in in less than a month should be and Start to answer your questions about it. Okay? All right guys. Have a good day and we'll catch up with you tomorrow. Bye. Bye You