 How can you see what's happening in the market auction? How can you see what's happening in the market auction? How can you see what's happening in the market? What's happening in the market? What's happening in the market? What's happening in the market? I think we're good now with sound Alright, what's happening in the market? Okay Think we're good now with sound All right, so anyway, welcome to the webinar in the market. And let's jump in here. We're going to go through order flow analysis here, and I want to introduce you to more details about this market pulse tool that we're just launching because we're going to give a lot of people, we're going to give free access to it for a bit here. And I'll talk more about that. We need to be part of the Bookmap Academy, which is, I'll talk more about that program in here. That's what we do for the Academy is we give kind of access to tools before they come out so that you guys can play around with it and edge is the idea. Good morning, Deborah. All right, yeah, it's off to a bad start. Anyway, we'll get started here. General disclosure, all bookmap limited materials, information and presentations are for educational purposes only and should not be considered specific investment advice, nor recommendations. Risk disclosure, 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. All right, let's jump in here. Let's take a look. We can look at any market you guys want. Right now, we're looking at the S&P and some fantastic water flow right off the bat here. You can see high liquidity in here over the London session here, beginning of London session. Here's 3 a.m. east coast time. And we see this move into high liquidity down here and a nice move out of that area. And then look at this in here, guys. I mean, this is something that we see. We don't usually see too often so clearly on a higher time frame. This pattern in here in order flow, we see all the time. We just don't see it on this time frame so clearly. That's why we talk about these markets as being fractal all the time. And this is another demonstration of that fractal nature. So what we have is high liquidity that was filled down below here. We see the buyers come in and start to move this market in a minute. Got another add-on too. Anyway, the buyers start coming in just around this 4 or 45 time east coast. And look at the sellers up in here. They get out of the way. Look at the buyer over here. Now, this is one individual actor here, but very, very high liquidity. And then showing that high liquidity as it stair steps higher. They actually did transact and trade right into it right here. And there was still a little bit more supply. Price was able to go a little bit lower here through that demand of limit buy orders. And then we see it reverse though, or continue basically. And we're looking for the next levels of high liquidity. This is very typical as well. You can see that traders are starting to show that longer term liquidity in front of some of these areas here. And then they get out of the way at the last minute. Now, we didn't trade up into this 68 level up in here in that high liquidity. We kind of bounce around and go back and forth. And then finally do here at the cash open. And now the cash open has been very volatile. And try to read this in here. Well, we will, but it is very back and forth. Almost as you can see, like equal highs and equals in here almost. But what we want to read in here is going to be the volume. We're also going to read the order book and start to understand who's in control of this market. Or potentially in control and go through scenarios. And, you know, and just take a very quick look here at cumulative volume delta, for example. And start to ascertain are there more buyers or sellers in here in this range in. We can also use the order book and balance in here and some other add-ons as well. All right. And what is the volume in here? I we're just talking about the volume. In fact, let's take the map off here and dim it. Well, we can see that there's quite quite a bit of selling in here. But, you know, the buying in here is relatively equal. We come back right back up into these areas as well. So we're trying to really gain some insight in here and using CVD. And I'm really not seeing much, to be honest. Another let's let's try another way that we're going to take this 930 data here. Put this within our range. And we're going to look at our imbalance indicators up here and volume and balance. Well, it's at zero. Right. So we're not getting any insight, actually, from all the traded activity. Now, that said, that's for this entire range. And let's look at the profile here and try to gain some insight here. Well, we have a double distribution here. And let's take a look and maybe see if what about recent activity here? Well, quite a bit of buying in here. Right. So we can look at it now. Now we have something to kind of chew on or dig into. And that is this buying here. This buying in here is well, they're in control of this move at this point from here onward. Maybe a little bit lower, maybe in here. But it looks pretty good. This is where it broke out from. And looking for it to see if we remain here or if sellers come in and break it down and then trade back down into this 4,260 level. OK, so we're going to go through a few different scenarios in here. A break, a breakout or a breakdown of this little range in here. So we know there's more buyers than sellers in here. Now, what about the sellers? The sellers are down here, actually. You can see that pretty clearly. So that's where you're getting this kind of double distribution in your profile as well. You can even take it back quite a bit further. You can see buyers in here and sellers in here. So now we're going to look for and see if we get sellers that want to break the range and try to trade back down to this 4,260. Or are we going to see maybe a bounce out of that area, back up into this high liquidity up here around this 4,276 or so. And this can set the tone for the day here, potentially, because there is a lot of wound up volume here, a lot of back and forth in here. And whoever gets it right, there's going to be a lot of people that get it wrong. And they're going to have to cover. So that's what we want to read and we want to understand who's actually getting it wrong. And then look for the pressure to be on them to cover and be compelled to buy or sell. So short squeeze or long squeeze is what we're looking for. Back 4,12. Good morning. All right, so let's jump over here. Let's see if there's any in the chat, guys. Stan, Rob, slow down. Good morning. And yeah, slow down. So I'm sorry I didn't meet with you yesterday. I would love to meet with you this afternoon though. Maybe a half an hour after the webinar. That's OK. Yeah, well, this is what I want to discuss. So tomorrow, we're going to have a tomorrow at the market close. We're going to have a book map academy meeting. And we're going to go through trade reviews and mentorship, coaching of your trading activity if you're part of the program. And so let me describe the program quickly. So if you're interested, you can join. It might be a little late to get some content, but maybe not if the content is good. Oh, we can cover it. But this is the program here. You'll sign up via this page. I'll show you where in just a second. What you do is you sign up for the book map junior academy, but you apply first. You're an applicant. And then you start creating some content. You start journalizing your trading activity in book map. You start to show order flow phenomena. So you will become an expert in getting order flow and also enhance your trading strategies by documenting them, journalizing them via images or video. Mostly images. And then if the content is good, then you'll be invited. We'll give you feedback on that content. But if it's good, then we'll invite you to the map junior academy. And then that's a proving ground here. So what you need to do in junior academy is you'll need to make a quota of content. It's just one per day. And that's all we're asking. So the content has to be good of high quality. And just meet that threshold of one per day. And then if you meet that quota, then you can be invited to the book map academy. That's the next step, step two here. And then what you get there, you can get book map for free. You can get the add-ons for free, double that quota, like the MBO bundle. This is a really nice savings, right? So we're trying to create better traders out of this process here if you're interested. And then we're happy that you're becoming a better trader and you're helping others with the content. And we're happy to give you book map at that point. Now the process continues. The next level here has become a book map academy coach. What you'll be doing is the same thing as you were always creating the content. But you will also be reaching out to people in step one here, the applicants and the junior academy members, and giving them feedback, guiding them, looking at, well, you know, maybe consider, have you considered looking at this? Have you, you know, this is not correct. Or, you know, maybe you want to move your stop, you know, you know, widen them out or something like that. You know, just to give some feedback and coaching and mentoring. And we have a handful of coaches already, okay? So we have Jack, we have Stan, and we have Slowdown. And then also I'll be giving some feedback as well, right? So if you do that, not only will you get book map and the add-ons for free, but you can also get data for, okay? And then the next final step after that is book map academy streamer. And you will be invited to stream if you do that. And then you'll get additional incentives as well, okay? So we have three streamers that already do this. We have Tom B., Doug Pless, and Moby. So anyway, that's the program. And oh, let me show you where you sign up for it. I just scroll down a little bit further. It's right here. Sign up, apply now, and you will have the meeting tomorrow in Discord at the market close at 4 p.m. East Coast time. We're going to give you access to market pulse and all the algos in there. So that's another added benefit, as I had mentioned in here with this academy. One of the things that you get here is access of pre-released new products so that you can play around with them and start to build an edge before others. All right? Okay, so yeah, sign up for that and we'll see you tomorrow. And we're going to go over some trade reviews, et cetera. All right, so let's go back to the order flow here. All right, so you can see that we dip down below this area and look at the ejection here and the buyers start to come in. Back up into this high liquidity in here. This is looking beautiful for an extension here. I'm looking for, right now, let's see if we can get more buyers in here. Up at this area and then extend on up through these areas in here, okay? So that's what I'd be looking for right now based on the order flow. This is a pretty strong volume in here and there's still more buying in here. So into this high liquidity and I'm still seeing buyers, okay? So now we're just looking for a skew in the order book and we can see a little bit of it right here at 74. See that 42.74 liquidity that just came in? What's the reaction in here? Let's just zoom in a little bit closer here. What do we see more here on the bid? What's the reaction? Are they pulling on the offer? No, not really. Actually, they're adding more liquidity in here, right? So this is, that's not what we want to see. We want to see them pulling so that it's easier for these buyers to quickly price through that area, okay? See how they're actually adding in here, right? So that takes away from this being more of a probable event. Okay, starting to pull a little bit here now. Not much though. It's not really that noteworthy, right? So now our assessment in here. Yeah, I'm still kind of looking for this to play out. However, this is not what, it's not the high probability setup that we're, right? Okay, so they just traded into this 77.5 here and we're sitting on our hands in this one here, right? Because this is not, didn't have all the pieces that we were looking for in the order. It looks really good here. You know, strong move, very strong volume up in here. And then you can see some exhaustion here and some back and forth, but we're getting more buyers again in here. That looks really good. We just didn't have the order book going along with it. We have the order book going along with it. It is more likely to trade up into these areas. And it still may, still may, that scenario might unfold again here, right? So we can go through the steps in here. Again, what are we looking for in the order flow? And now it's starting to work out, okay? Now, did we have the order book on our side? Not really either, you know? So it's moving, it's going higher, but we didn't have all the pieces in here. All right, so again, I would miss it. Because if I need to see this confirmation from the other traders that this really wants to go higher here, that these traders over here, I want to see them say, oh, I don't want to tangle with that momentum. That's what I'm looking for. And they're not doing that, right? They're staying in the order book here. And I want to see on this side in here, I want to see traders bid up at a higher level and chase this market, thinking that they're going to miss it. And I want to see these green dots pull that market away and continue on higher, right? So we missed it, okay? And for good reason, right? So now we're back down at the bottom of this range. This is a false breakout up into this 80 level. And now, let's see if we can see the sellers pound it lower down to this swing here. It is a 73 level. We've already gotten down to this swing here at 73. So guys, let me know if you have any questions about that Bookmap Academy. It's a great program that we have for you. So yeah, take advantage of it, sign up. And then you'll need to go into our Discord channel and request a spreadsheet there. You need to have you both in, you need to get captured your email as well as your Discord. All right, Stan, you're looking at the 6E, okay. Guys, this is what we're talking about in here. Here's like, for example, Stan has made it into the Bookmap Academy. He's also a moderator over here, but he gets Bookmap for free. So because he has created really good content like this that is helping others. And this has helped his trading. That's the most important part, right? This is helping your trading by documenting it and going through it again and again and again. All right, so here, absorption followed by exhaustion. A beautiful double top pattern in here, looking for sellers to try to come in and then maybe drive it back down into these lower areas here. Okay, so if this played out or not, yeah, and you need to have some more sellers here for sure for this. But this up here looks really good. I just don't see the sellers here, Stan, like just like you're pointing to. If they can get below, especially this buying in here, then we should get a nice move, right? And then also no liquidity on the offer in here, just like we're going through right now. Beautiful stuff. Thanks, Stan. Anyway, we're gonna go through that. Let's go through this process again in here. And what we're looking for in the order flow is multiple elements. And this is why documenting your trades will help you identify these elements and then you'll have something higher probability. And you can, you'll back test this. You'll, dude, I have all these elements. It'll be a checklist, okay? Did you see the tremendous buy volume go to higher high? Did we get a slight pullback in here? Do we see more buyers starting to come in at higher areas? Yes, we got all of those. But we didn't have this one here, that the, this liquidity up in here, wanna target it and we're looking for maybe potentially a measured move that might be equal to this strong move here by the buyers. And that would be a flag pattern in here. But we don't have all of the pieces in here, so we're gonna stay away, even though we're still kinda looking for it to go higher. Right? Why put the risk on if we're unsure? Okay, that's not a trading plan. It's clear the coins. And I also wanna show you guys, since we're gonna give you access to market polls tomorrow and it's gonna be, you'll get access to all of them for free as part of the Bookmap Academy. All right, so that just for that alone is worth it. I wanna cover these new tools in here. We covered the volume pressure pretty nicely the other day for you guys. We're gonna go over some new ones though as well that are in beta. So yeah, here's the move lower, right? I mean, it didn't do it when thought it may do it right here or here, but it is doing it now here. Now, I'll be watching this carefully though. I mean, this was some pretty strong volume on the sell side, okay? That looks good. But I wanna see consistent strong volume from here on down. And I really don't see that, right? I can see it in the bars in here, some sellers here, right? Here come some sellers right now again. All right, well then sellers should be able to drop it back down to 74 here, okay? So, you know, just where we have the sellers here on our side now, but from where though? It's more from this area here is where the majority of that selling is, not from up here so much. Yeah, there's sellers for sure, but it's pretty weak up here, right? So, I'd make a distinction between that selling here and say that this is pretty weak in here, this is where the strong selling is in here. And now that can be upended is what I wanna get to. And then we can get buyers on the other side of this. And if we do like we are now, all right, then I'm looking for buyers to take it back up to here. Okay, here we go. I can't keep up with the stream. All right, and there it is up into 78 and a quarter or a half. Now, if that's what we're looking for and we cover this trade all the time in here, that you know, this is this kind of false breakdown or false breakout like we were looking at earlier and then the move to the other side of the range. Okay, so we get another one. We thought maybe in here, maybe here because here's strong selling, you're starting to be strong selling again but let's look out. What if we get back up above here, right? The squeeze is on, okay? The short squeeze here. Now, do we still have the other pieces in here? Well, some of this liquidity starting to pull. This looks a little bit better but we don't really have much again on the bid here. Okay, see them pulling here? All right, so buyers should be able to take it higher now and trade into these guys here at this 81 and three quarters or 80 and three quarters. And then maybe they can get up also here into 83, okay? Now again, do we have all the pieces here? No, don't, right? The bid is starting to show a little more interest in here and they're pulling in here. That's a good thing on our side is that this pulling in here that we liked and that adds to, you know the probability of it going higher but it's still just not that great. This is not, okay? We don't have them on the bid here. Okay, now they're drying up here. So watch, sellers should probably take it back down to about here, 78 and a half. Still able to squeeze this a little bit higher and the bid's starting to show a little bit of interest in here. Anyway, guys, so what I was talking about earlier in the day, see what we're talking about? This is it on the higher timeframe is really pretty. So this was from five to 6.30 a.m. this morning. See how they're pulling in some of these areas in here? They kind of stayed in here a little bit. They also pulled in here as well. And see this guy, this is one individual actor pulling liquidity and adding it higher and we're getting some buyers in here. Not a whole lot in this little area here but a little bit in here and some in here. Aim for it to trade up into these areas. All right, then finally we get the exhaustion in here. Tried, tried, tried, no buyers and then sellers stream back down and trade into this buyer down here. Get the continuation of the pattern here. This is exactly what we're looking for right now over in this activity. We just didn't have all those pieces, right? So it's really been back and forth. Well, Debra, I'm not gonna say like what you need to see before you take a trade. And it sounds like a cop out. It's not, you need to see it before taking it. And you need to look at it and we can go through it again though, right? And Debra, we're gonna launch it tomorrow. I'll have some materials for you like I promised for forever. We're building out a setups and strategies section. So there's one that we'll launch tomorrow and it will go into more detail about exactly what to look for, right? It'll be perfect for you, right? And we're gonna, and we'll have many of those, right? At least three, like a, you know, continuation reversal and kind of sideways. Action. And then, but really from those three, you can develop any strategy. So that's why we're gonna start with, anyway, there'll be more details on that. So look for it in the email and announcements. It's also gonna be a part of the academy meeting tomorrow, talk about. All right. So anyway guys, like, yeah, you know, we're looking for certain things to kind of unfold like they did. This one did not down here, but then we kind of reversed or looked at, well, what if and that scenario and that's so important to do. That's one of the things to do in the checklist. Debra is, that's why we go through these scenarios. What if, okay? So like right now, we can even draw, you can even see that this is still holding here true in this sense here, that this is an important line here at this 76 level. Gonna bounce, do we find buyers? Do these buyers still support this price at this level? Or are they gonna get out of the way? Well, let's zoom in here and let's take a look. All right, we'll look at the offer coming down here with more liquidity. Okay, well, that's not what we wanna see if it's gonna bounce and go higher. All right, we wanna see the opposite. And look at these guys here. There's kind of thin here. They're staying in the order book, but it's kind of thin. And the liquidity's down a little bit lower here. So now we're looking for the scenario of exhaustion here on the buy side, sellers in here, and then for the sellers to drop it into this liquidity down here. Okay, now this is kind of an important line in this timeframe here at 76 level. And go through that process and didn't understand. All right, well, this is kind of interesting. We're getting buyers kind of interested and even though there wasn't too much in the order book, now there is a little bit here. So let's see if the buyers can continue and let's see if they can reach up into this 79 and 80 level. No, they can't, right? It's just really, really back and forth in here. Anyway, Debra, is these types of things you really wanna kind of focus on like here on this higher timeframe? Pulling liquidity, buyers coming in on the bid at higher levels in here but not getting too many sellers in here. Look at the sellers compared to the buyers. And so we're just looking for them to pull it up into these targets of high liquidity. And then you reassess after that, right? You're looking for that liquidity to transact and then is there more buying pressure or more demand at these higher levels? And there wasn't and the market told us that here. It told us that over here it tried several times, at least three on this timeframe here but if we zoom in closer, it's more. And then we didn't get buyers up in here. Got this pullback, right? Come back up again and we do get those buyers, get the continuation and just reading the behavior of the traders in here. This is the market microstructure or mechanics in here. This is the market mechanics of it all. Look at this here. Again, pulling up here, okay? What about the bid? Not really, not really, it doesn't look so good. Okay, so are we looking for this to break out? No, okay, volume looks good. They're pulling here. Those are two elements that we don't have the third but we'll stay away, okay? And if we miss it, so what? That's not our setup. We wanna see all of the traders give us some sort of insight in here. And another thing to look for as we've talked about many times is trap sellers. What's that look like in here? It's not bad actually. Now, this looks better now. All right buyers, let's see the squeeze here and I'm looking for a stop run up into these levels here. Oh, this may be aggressive. Yeah, we got the bid here. Just need a few more buyers and let's see if we can get up here. This guy's being kind of stubborn. Oh, he's actually getting out of the way some. All right, so let's see it buyers and let's see if you can lift it here. Go. Okay, see how like, okay, it's just, it's okay, maybe we got lucky, you know? We never know, this is the thing. Never know what's gonna happen. Some seller could have come in. We've seen it so many times when some big seller comes in here and says like, no, I wanna sell and they just drive it right back down to the bottom of the range very, very quickly, right? But, and that does happen. However, we were reading the pieces in here and we had them now. It looked better. They're pulling here, we're getting buyers. We identified also the sellers in here. So we're looking for a squeeze and a stop run. Now, let's see, did we get our stop run? Let's take a look. There's our stop run. It actually, the stop run actually took place up into 82 above the swing here. But we're looking at where the sellers are and who's gonna get squeezed and where will they be compelled to buy, become buyers, to exit their position. Found them here. And we had a skew in the order book and the reaction to that skew in the order book in here was buyers. So we're looking for to go higher. All right, so let's go through that one more time. First off, let's identify the trap. Then we're looking for the buyers to start to come in. We're looking for this liquidity to, and we had that in here, but we still didn't have the order book here on our side. It really wasn't until here that we got that. And then your entry would be up in here someplace. That's pretty bad, right? But did it even go against you? No, maybe a tick or two. Maybe, but that's probably not. But if we have these pieces, then we're looking for that volume pressure to take this higher. And we identified, this is another really critical element here. Don't disregard this, the trap sellers. Still going. There's three, it's 85 liquidity. Probably gonna see it slow down a little bit in here, but we'll see. 84 is the next stop. Deborah, I can't wait until and get your feedback on what we're gonna release tomorrow, okay, with strategies and setups. I think it'll be clear. All right, guys, one of the things I wanted to do in this webinar here was to, can you use the same book map account on two different computers? Sonic, what you can do is you can have book map installed on as many machines as you like, but only one concurrent version of book map running. That's it. Okay, if you want two current versions of book map, you will need to subscribe twice, all right? Or there's another way to do it, actually. You would still, it would still be two subscriptions, but you could go over to thinkorswim as well. And do that, one for streaming, one for creating. Well, if it's on two different machines, and you want to trade off a book map, yeah, you would need two different subscriptions. If it's the same machine, I mean, you can, whatever you want, and you have multiple monitors. So anyway, let's go through these, continue on with this market pulse. I want to cover these for you guys so that when you have access tomorrow, you have a reference to go back and watch here. All right, so let's dig in. And I'll give you access to it. If you sign up for that Bookmap Academy, we'll get your license key and then we'll be able to give you that free access. You will need to come in and remove the sweeps, absorption, and your previous market pulse tool. You'll use the remove tool here from the manage add-ons or configure add-ons section here. Then once you have that removed, you'll need to download, click on the download links that will provide you, and then you'll add the sweeps, absorption, and market pulse tool here, okay, via the add button. And not from the manage add-ons, it'll come from the add button, right? Since it's in beta right now, and we're gonna give you access to that beta. All right, so, and then I'll talk about the absorption and sweeps indicator, why you need a new one of these as well in just a second. All right, so now once you've got market pulse up, then you can start creating some of your widgets in here. In fact, let's just do that from scratch. So you click on market pulse here, and then you're gonna click on create. And then it pops up here, and then you'll select what algo you want here from the dropdown, and you will have access to all of these in here. So this is a really nice offering in here. Go and check it out. Sign up for the academy in here, and then you'll get access to all of these, and play around with them, right? We're gonna play around with them right now. And then once you select the algo that you want, okay? So let's just, we'll start with, I'm gonna go with volume pressure. And then now you select the instrument you want over here. Okay, the algo first, the instrument next, and then this is a new feature in here as well, is that you can add multiple instruments into one little widget. So this was highly requested by Scott Pulsini and others that like for example, suppose you're trading the NQ futures, well, and you have stocks that you're looking at as well. Well, let's look at the stocks in here that are important. So very simply, let's take a look here at FinViz, right? So the FinViz heat map over here, and a different kind of heat map, but let's take a look at this, okay? What's going on in here? Well, these are the big players here. Microsoft, Apple, Google, Amazon, Nvidia, Tesla, right? Look at the market cap. This is all by hierarchy in here, the market cap, right? So we can create this market pulse addon for volume pressure based off of Amazon, Nvidia. We can include Facebook, but let's go with Tesla and Google. And where's Apple? Gotta get Apple in. And I don't have Microsoft. You can add it. In fact, let's just cancel this and we'll add Microsoft here. Go and then let's go again in here, right? Add Microsoft. Okay, get rid of Bitcoin. All right, so now this volume pressure is gonna give me the volume pressure of all of these here. And let's click play. It thresholds 70 and we'll down the sound here. And it's opening the addon here. It's gonna take a minute here because it's gotta add all of these together. And let's close this. Okay, so now what does this allow you to do? This allows you to now correlations in your trading without having to look at a different monitor or a different chart. So you're gonna look for when is volume starting to pick up? Well, here we go. Here's our widget here. And you can see it's in the millions here. And anyway, we're looking for insight here based on the settings of the last five minutes of data. And we have a half-life period in here, but the last five minutes of data when it crosses this 70% threshold. And when it does, these are market bellwether stocks that should be leading the indexes. So we're gonna try to look for some additional insight from these players in here. It's correlated markets. All right, so yeah, here's our move up into this 83, the pullback almost all the way down. Well, now it's all the way down almost to about this 75 level or 76. And I'm not getting anything here from market pulls at the moment. And so it's not telling me that the markets are ready to move to the downside. Well, that alone might be enough as well. Look, this is up to you. Like, if you're not seeing any kind of action in here and you're the bottom of this range in here, and you can note that maybe there's some trapped volume in here, like in here, let's suppose. And then you can go through that scenario of trading it to the other side of the range. Have buyers coming in back up to the top of this little range or this one here. Or if there's enough, they go up to here. And let's see if we get it here, right? Because we didn't get a lot of sellers here from the correlated markets. Okay, so we're looking for a range bound trade potentially here. Do we get our scenario? Are the buyers coming in? Yeah, starting to. What about the order book? What is the order book telling us? Well, not much, right? That's actually not bad for a range bound trade. If the order book isn't telling us much in here, we're just looking for it to float back up to the top of the range here. And that's your trade idea, okay? Take some profit off. All right, see how it's kind of dark in here? So it's just kind of float, you know, prices floating around. And the markets here are kind of quiet, right? We know that from this little widget here. I love this feature if you guys can't tell. And then manage your trade accordingly, right? Like, did you get in here? Did you take some off maybe up in here? Or did you get stopped out of breakeven? You gave it a shot and you're not willing to give it more. Okay, now sellers are starting to come in on all these indexes here. Okay, so that's interesting. And what about the S&P? I don't really see too many sellers here. Okay, well, let's see. Now we might get them here now, and then we might get the drop into 73. And that happened really quickly, okay? But there we go. See how this was a leading indicator in here. Okay, now, we didn't have the pieces in here to take that trade. Okay, so going back to Deborah's question about, you know, what are the pieces in here? Well, we didn't really have it. Okay, we came down here and we heard the market. Let's go back to it here. We heard the market pulse in here, giving us some insight, but we didn't have anything in the order book in here until we got over here. And then the move is already gone, all right? So we would miss that according to the order book in here, we would be looking for it in the conflicts here or the correlation, all right? So then it's up to you to kind of weight that strength in here and for you to back test it. Well, is it okay to take it if you don't see it in the order book in here? If you don't see the offer at a lower level, they were pulling here. So you did have that. They no question about that. They were pulling on the bid. We just didn't have an order book in balance in here until it was too late, okay? But we started to hear market pulse in this area. And we can go back and verify that as well. And look at the big stop run here. We can go back and verify it very, very easily here by, I mean at the, oh, I can't add it, right? Okay. Yeah, I can't add it in the sub chart here because it's multiple instruments. It's a synthetic instrument here. All right, what we could do though is just add the volume pressure, get a new one, volume pressure, and S&P and put play. And we can play off of both of these in here. Now, let's take a look here. Let's see, we'll see here. We'll get the output in market pulse. Take stops off from, let's do a look. Okay. So did market pulse tell us anything? Not really, not in the S&P. Hey, we have sellers hitting here, buyers hitting here, buyers hitting here, sellers starting to hit in here. So yeah, I guess it's here. And yeah, I guess you could add that in. And that's about when we were, maybe we were looking for it in here or maybe in here. Once we started to see the sellers at the bottom area here, bottom of this range, they're pulling, we just didn't have the order book. We heard the market pulse. This was a leading indicator there for all of these stocks combined together. Did get that insight. Okay, over on YouTube, you can hear it. You can't hear it in this cord though. Hey, look at this, buyers starting to come in. All right. Well, then this is across all of these stocks in here. Well then we can look for the S&P to trade right up to 77 here, high volume node. Hey, they're pulling on the offer, great. Let's see this buying continue in the stock indexes and up into 77. They have a bid starting to show some interest now and there's our 77. So again, leading indicator here and they're still buying. All right. Well, what about the other side of the range then 79? There's a pullback. See, get more buyers. Gotta get more buyers. See if we can get up to 79. No, nothing here. Pretty dead. I'd stay away from it. Hope that makes sense. Deborah, is that making sense to you? Yeah, what's the outlook for NASDAQ? Well, this would probably be a better correlation for NASDAQ, right? Okay, well, let's go check it out. Create a new one in here for NASDAQ. In fact, let's look at volume and balance this time. Oh good, okay. Well, Deborah, just really, really small steps in here and look for these elements. If you don't have them, don't take the trade. Okay, now, again, I know you're trading in demo or in SIM and that's very good because this is not a trading room. This is more about giving you ideas to go back and then test and then make this into a trading plan for yourself. So, and then answer these questions for yourself. It's critical. That's all we can do in here, okay? And if you wanna shadow somebody, then you're not gonna learn, but maybe you can make some money. I mean, I recall doing it years ago like for paid services and I always thought it was difficult because by the time the person says that they're in the trade and they're looking for it to go there, it's already there. All right, so we got a different one here which is volume and balance. So volume pressure and balance for NASDAQ. So let's jump over to the NASDAQ. Let's take a look here. And so now we can look at these two, the S&Ps in the middle here, but we really wanna take a look at these two, the NASDAQ volume pressure and balance and these NASDAQ stocks, Bellweather stocks here. Nothing, it's looking pretty sloppy in here at the moment. Okay, so just really back and forth. Let's see if we can get buyers and trade it right back up to about here, 55 or 57. Since this is range bound right here. We're not getting anything right now, so looking for, we know there's gonna be a reaction up in here. Let's see if we can get back up in here. See buyers starting to come in. Can they lift it up into the top of the range? Do we have any idea for that? Well, just some of these buyers in here. The border book's not really telling us too much. The market pulse is not telling us much at all either at the moment. So now the volume and balance here is great. I mean, it's very, very simple. It's just one algo or I'm sorry, one line in here and then the thresholds are 70, it's just by minus sell in here. And then it's just giving the delta of the volume pressure. The output is just different, but it's a little simpler. And then down here in the sub chart, we can look at it as well. And when it crosses these areas of 70%, you can see that at the peak here, there's more buyers down here, there's more sellers. Right, so down here we see lots of selling and then that was the low here. And then we get back up into here and we see the peak up here. See, this is what I was showing you Rob before. Here's the peak, it's actually here, but price did go higher. And you still see, you know, this almost made it up to 70% in here. So let's adjust this then, okay? Let's adjust the 70% to maybe, you know, 60, let's go to 60. Okay, there we go. Now you're hearing it in YouTube. All right, so sellers down to the bottom of the range in here. Okay, nothing here in the correlations at the moment. All right, there we go. It's a little, that was a little late. That would be too hard to talk. All right, well, let's see here though. Maybe we can look for the potential reversal here. Range bound move back up. Okay, yeah, here they come on the stocks. All right, so let's see if we can get right back up here to the 850 in the NASDAQ, okay, based off of trying to get back up above here and based off of this volume pressure in here in market polls, okay? See this, hear it, okay? Looking for buyers to try to push it back up to the top of the range, okay? After a big stop run here. So this is gonna be a stop run, not as big as I thought, okay? Now note the pressure is starting to dry up in here. So this might be, this is a leading indicator in here. Okay, so if you're not hearing or seeing what you like, order flow and you're not getting that correlation, maybe it's time to exit your trade. Okay, you might be giving up some, but you're also gonna take something if you are looking for this move. You can always get back in as well. All right, anyway, let's cover the other ones in here. I wanna show you some of the other algos in here. So I'm gonna close all of these here, all right? And then let's jump back to the S&P and then let's clear our drawings and let me quickly kind of rifle through these for you guys and we'll delete all of them here, all right? And we'll start again and we'll click on create and we can do it on absorption pressure in here, all right? That's the top one here. Let's choose that one and click create, all right? Now, you will need to have, like I was showing you earlier, you will need to download and install the new absorption and sweeps indicator if you want this, okay? And then here we go, all right? So what is this showing? Well, in here, it's gonna show buying absorption down in this area in here, okay? And we can verify it by looking at the heat map as well. See the absorption right here. That's what the absorption indicator can do, all right? It's based off of five minutes now of data sliding, which means just always a concurrent five minutes of data with a half life or pullback of like every 10 seconds back half that value. So we're gonna look at areas where there's a lot of absorption, okay? Now, let's try to make a plan out of this though. We go back and take a look at this and how does this help us here? Well, here's high absorption and we reverse back out, okay? Here's high absorption again and we reverse back out. Here's high absorption again and reverse back out, okay? So now here's another way of looking at this because this is tricky here to look for that kind of mean reversion in a downtrend here. It is trending down now, all right? So let's take a look at reading this a couple of different ways. Yeah, if it looks really good and you see those buyers start to come in, you can look for the move back up here. Conversely, you can look for the downtrend move. It may be you get some absorption in here, but you likely get not too much activity. You do see some buying in here, but typically you'll get exhaustion up here, right? So you're not looking for anything from the absorption indicator. In fact, you're looking for getting involved when you see the sellers come in and then you're looking for absorption on the buy side down in here and this area here to exit because it seems to reverse after being absorbed, okay? So let's suppose you're in this trade right now from, I don't know, somewhere up in here, right? Or even here, you can even say here, you're looking for those sellers to come in and... All right, so now you're looking for the play to exit down here after absorption or either here or down to here whenever you start to hear the absorption on the buy side and it's likely gonna be here at 70. And now this player is coming in here at 71. So that's gonna probably scare the market a little. All right, makes sense? So this is how you can use, these are some use case scenarios to consider how to use this tool here, okay? So you'd still be in this, you're not shaken out of this trade yet until you get absorption, right? Because you back tested it. This is what I mean, Rob, you back tested it with these examples here. And what I like about the back testing is just so clean and clear, like it's just a signal here or an output here and then look at the price action, okay? And then do that again and again and again and then you really need to get into the measurements in here, but you can back test this, okay? And then you can develop a plan, right? Now your plan in here would have been to wait for absorption on the buy side. And now it just came shy of this area, never traded into it a little bit here, but we never got it, right? So you'd still, you could still be in this, right? You could have your stop at breakeven and you're just waiting for this to play out until you get absorption. There's some right there, right? Is that enough? No, I don't know. You know, according to the plan you take some profit then, okay? Or are you looking for something you really think you see the sellers in here? You have the order flow on your side. Maybe you're looking for a really big absorption down into like 70 or even lower, a 68, okay? So anyway, if you did get out here because you saw some absorption in here, okay, which would have been this absorption right in here, which is likely this is likely an iceberg, if we can verify that. Yeah, and it is, here's a blue line, this is an iceberg. This is where this absorption indicator can be really good because we don't see it trading into high liquidity and we know though something's up, it must be an iceberg and it is, right? So the absorption indicator gave you some insight there as well as stops or iceberg, right? So, and that's not a bad area here. You took profit here, why not? I mean, like, this is the plan and if you're looking for something bigger in here due to order flow, then that's your plan. Just try to be consistent. Okay, you're looking for a more extreme reading. All right, so anyway, that's absorption. Let me show you something about this with absorption too, this is kind of important is go back up into here and your configure add-ons and then go to absorption indicator here. And you have your settings in here. This market pulse tool here for the absorption will only work off of the settings in here. So this is a, they work together, right? This is something unique in here. So it's an indicator within an indicator basically where it's based off of the settings you have here in absorption first and then it collects a look back period of five minutes of that and we'll spit it out here in market pulse. Let me know if you have any questions on that because that's important. It's a great feature to be able to filter here. Trader Map Pro, we're gonna have one for stops and icebergs, I think through the absorption and sweeps in here as well. So you can do all of your filtering in here in this add-on to output into the market pulse add-on. All right, now maybe you don't wanna see like I took away the icons in here because look how many I have in here, right? And also showed the trade dots in here. So look at all these add-ons in here now for absorption, it's overwhelming. I'm not using the filter up here, I put in 10. So what you can do is just deselect show add-ons, show volume and then down here show trade dots. And then you have a clean chart but you still have market pulse here and market pulse for absorption. All right. All right, let's go through another one in here. Let's go through the sweeps and go through some use case scenarios of those. So look how this would have, you would have followed your plan that you would have taken some profit down here on that absorption and not had to take a stop loss at zero on the way back up. In fact, there was another, I saw there was another market pulse sell signal in here. In fact, let's just turn it back on for a minute because it was pretty nice, nice. There we go. So we would have, we were, the use case scenario was we're looking for not a signal in here in market pulse, okay? We're looking for it at the bottom edges. We're looking for the market pulse tool, absorption and then taking profits at those areas. So we're trading it down into that. And that's what we're looking for in here. And then you could also, then we see the move back out and then you see the selling absorption up in here, okay? Which could be another, potentially another trade, okay? And trade it back down to the next level of absorption, which here, right? So that would have been a trade from, you know, look at beautiful exhaustion right in here. So from about 74 on down to about right here, 60, let's just call it 70 right here. Okay, so that's a six point move, right? Just based off of what we're looking at here in this absorption indicator. Louise, you're doing really great work over there, answering all these questions. Thank you so much. Yeah, Louise, you're welcome. So yeah, this is what these webinars are all about, reading the order flow in here and going through these use case scenarios and starting to understand these elements on the chart. What are they telling us here? Okay, some of these add-ons are giving us a little deeper insight. I really like that volume pressure looking at multiple instruments or synthetic instrument. I think that it's something I was looking really forward to when they released it. So we're here, got it now. Let me go through another one in here, the sweeps indicator, okay? So again, you can filter it in here and also with the visuals in here, I have it deselected so it won't show up on the screen, right? Okay, so then let's go to market polls. And then let's just, we'll just use the same one here and recreate it here. We'll look at sweeps pressure, okay? And just click play. What's that? I also wanna show another one here because they both the sweeps and absorption how also have in balance. So we'll click on that. Sorry, we'll have to create a new one and then we'll look on that as well. And we'll look at sweeps in balance, sweeps pressure. Yes, yes. So we got two here. They're both doing very similar things. So just the output is different here. And then let's go to the sub chart here and you can see that I have the delta here, okay? For the, oh, this is volume pressure. I'm sorry guys, we'll have to do this again. Volume pressure, sweeps pressure. Yeah, that's correct, Aloisa. So the market pulse volume pressure algo is part of the MBO bundle. And the price change one is for free that you can get. And then all of these new ones here are in beta. So we're gonna give them to you for free if you wanna be part of the book map junior academy and apply, okay? So anyway, now let's take a look at these two here. So we have the sweeps pressure and sweeps in balance, right? And what are we looking at? Okay, so we're looking at when, it's the same as the, let's take away the delta here and just look at the output is two. Okay, so we're looking for when there's a book sweep. And this is very similar to, show it here, very similar to the absorption indicator except one big difference and I have an auto mode. This is why we're not getting any outputs or output. Let's put in, we'll put 10 again. We'll get a lot more now. And there we go. All right, so where do we get order book sweeps and identify those? Well, we had absorption here, but then the sweep continued on lower here. So there's your book sweep here, which we know is a stop run. And then we have a book sweep here, which we also, we can verify as a stop run. And there it is, so stop run one and then stop run two. Small sweep to the upside here, not much. Nothing significant at the moment after this big move to the downside. Daniel, the MarketPulse tool is also available from the marketplace in Bookmap. So go to bookmap.com, here I'll show you. And then you can go here to our button and then go to the add-ons. It's part of the MBO bundle, just the volume pressure, as Louise had mentioned. But we can scroll down here a little bit or you can do a search. Now let's do a search, MarketPulse. Okay, and it's right here. Okay, so it depends on which kind you get. So let's click on it and go to the details here. All right, so it's $34 a month for the bundle. And these are the ones that you get in here, okay? They're listed, it's $17 for crypto, month. And it'll show you also, you get the same thing basically. But these are all the algos that you get for the bundle. All right, now again, like we said, if you want to be part of this academy, you want to join this, we're going to give it all of them. The ones that are in beta right now, as well as all the other ones, you'll get access to it. It will be a limited time, but go for it, play around with it. This is your moment. All right, let's see if we get another sweeps right now. Interesting, for the buy side, they're kind of swept it a little bit, hit some sweeps up above here. And then I'm looking for the big sweep, though, down into 62 and 60. Yeah, I have a really low setting on the sweeps, as you can see here. Okay, so top of this range is just kind of knocking out some stops up in here, it looks like. Now we're looking for the move, right? Now we're looking for the sellers, and let's see if we can get to 62. Now, again, like one of the use case scenarios in here, you'll have to play around with it to find what your use case scenarios are. We got some output right here. But we're looking for the bigger move to the downside, right? This is just a kind of a pullback, and we're looking down. And then in here, would have been in here, at the top of the range in here. Okay, but you're looking for the sweep lower, so you can trade it down toward the sweep and exit on the sweep. Okay, verify the sweep and exit on the sweep. So enter on the sweep, this little sweep to the upside, you're at the top of the range, great, what a great entry. And then you'd be looking for taking your profit at the bottom or through the bottom of the range, basically. Okay, now you would have been stopped out on this one, but you wouldn't have lost any money on it. It would have been a break even, because you're looking for it to follow through and if it doesn't, it's not ready. Anyway, guys, it's not a trade recommendation, it's not a trade recommendation room. These are just some use case scenarios to consider for this new tool here. I'm really excited about it, as you guys can tell. Like, it's just offering the insights to these little peaks or top and bottom of ranges in here. Okay, and then, for example, here, did we get one in a sweep to the upside? No, we didn't, right? Okay, so we're looking for exhaustion. Let's see if we get in the order flow here. We're looking for our sellers, and then you would look for, in here, getting involved and then exiting on the sweep, okay? So now we're looking for the sweep here to justify getting out. Now it's starting to pick up, but nothing yet. Okay, anyways, these are just some ideas, again, for using this tool. Sweeps and absorption via the market polls tool. Now, sweeps and absorption are free. They come part of Global Plus, so you subscribe to Global Plus, you'll get the sweeps and absorption. You just won't get the market polls tool. That's all. And again, this could have been a really small loss or a break-even here, because you're looking for that sweep to the downside. Oh, okay, it came to the top of the range here. You can still look for it and trade it back down here again. So this is a stop-run, a book sweep, but now we wanna look at the order flowing. Order flow is actually pointing to, coming up to about 69 or so. On the bid, finding buyers, they're starting to pull on the offer up here. So I'd have to wait for those sellers to come in, and I'd have to see kind of a flip here in that order flow to look for, justifying, getting involved after that book sweep to the upside. Okay? So I'd look for maybe some exhaustion here, some selling here, pulling on the bid, adding on the offer. All right, and then I have something more. I have the behavior of other traders to give me insight that this is more likely to unfold to the downside. Okay, here we go. See if we can get these sellers now, and then you're looking for the book sweep into this area down here. All right, guys, stick with me for just a few more minutes. I wanna go through one more. Since I started late here, sorry about that. I just had a lot to go through. But let's go through just, Floyd, the dollar's moving, okay? Okay, you took a massive loss in there. Rob, you made a mistake, though. Well, that's what, great. That's what you learn from, totally. Looks like some good stuff in here on, yeah, yeah. Guys, you should come over to the Discord room as well. We've got some pretty good content in here looking for the, using some of the volume pressure in here, as you guys can see, volume pressure and balance. So this is, I don't know who it is, C. It's going by in, we're here in Discord. Some really nice stuff, though. Identifying some of these areas and looking for some of these moves to unfold using the market polls tool, right? That's why we're here. That's what we're here for in this Discord, to learn from each other. And this is great, this is great stuff. All right, let's see, did we get our sweep? Yeah, we did, all right? So what are we, we were looking for, like, in here someplace, right? Someplace in here, because we had the sweep to the upside, gotta get sellers over here. We kind of have them here, it's not bad. And then looking for that sweep to the downside to exit and there's your exit into here. It's gonna be absorption as well, but it's also a sweep. All right, so not bad, not bad. Now, if you're still looking for continuation because it's a downtrend, then great. Like, you can start to build your position. It maybe takes some off. And then maybe look for adding into this again, or maybe it's another trade idea altogether. Maybe you do take all off and then you're looking for repeating again the same idea. Okay, wait for it to come back up, wait for exhaustion and then look for curl back around and then look for exiting on the sweep, the sweep to the downside. Okay, now in a range bound market, you would trade it differently or treat it differently. In a range bound market, you don't have to do that. You can look for sweeps on each side and then look for the move back in. So for example, in a range bound, which maybe we'll see this happen here, but a range bound environment you'd be looking for, this is being the trap, fire's coming in here, and then the potential move back up to the top of the range here. All right, and then exiting on a sweep up into this area up here. Okay, that would be more of a range bound but this is a trending market right now. As we went through the whole webinar and talking about these tools and we didn't even look at the higher timeframe and there's still one more to go through. So let me quickly show you this, stick with me for just a minute longer. There's another one in here, a little more complex and it's excellent though. So we'll get rid of all of these here and we're gonna add a new one and this is the support and resistance. Okay, we've got two again. There's an imbalance as well as just support and resistance. Now this one's like I said, it's a little more complex. It's showing us order book imbalances and once it loads here, we'll show a little bit and we'll get rid of the delta here. All right, we'll start with this one in the sub chart. This one here, this the support and resistance. Now note that this output looks very much like the volume pressure but it is different here. It's very different. Note that there's the different colors in here. This is a dark red and it's a negative number here. This is a light green and it's a positive number. Now watch this though. These will change, the sellers will become, right there, it becomes a positive number and it's a bright red, whereas the buyers became negative and became a dark green. So we're giving two different kind of, we're giving four altogether, four different outputs in the widget here. Now the sub chart is giving the output for just buyers or sellers in here. Now how is this working? Let's go through the settings. This is different because we have an additional setting in here. Half-life period in the intervals. Okay, so we have the training period, a look back period of five minutes based on five minutes of data constantly. The half-life period, all the same as in all the other algos but this one here, the half-life of the intervals. This is very much like our imbalance indicator we've had for years. You guys might recall how that works. It's based off of, well, we see here the setting is based on four here. What that means is every four ticks here, the first four are gonna be double as in importance in weight compared to the next four. Okay, so every four ticks, there'll be a half-life kind of drop-off. Okay, and the next four after that will be another half of the previous four, right? So what that means is that it's kind of like an exponential moving average. The data that is close here in the order book to the current market, best bid and offer, is gonna be more important than those away from it. Now you have a sliding scale in here though, you have a setting, so play around with it. In fact, I've been playing around with this and I haven't come up with a good use case scenario but maybe I will for tomorrow. We can look at maybe two in here. So I'm gonna actually widen this out and make the first 16 levels more important. Let's go actually with 16 is fine, okay? And then let's see what we get. Now that, then I'm gonna add a new one in here. So then I'll explain what I'm doing. So we go support existence here, yes, it's up here. And we'll keep this one at four, but let's play. All right, so now what I'm looking at here is this one is the inside market. Yeah, this one is the inside market, this one is not. This is a bigger range in here, okay? So bring down the volume a little bit. So what I'm looking or what I can compare here now is a larger order book compared to a smaller order book. So, and then let's try to get some insight in here. So I'm looking for a book skew, right? Like we were, it was one of our things that we're looking for, like this breakout here, we have a book skew. Look at them bidding up here, look at them pulling on the offer here. Now we're looking for, we know this one's longer term book on the left and then on the right is a shorter term book. Okay, so let's look for now maybe when we get maybe a signal on both. Or maybe the shorter timeframe or our book we'll maybe look for that just to trade it up to this range here, okay? And now let's see what happens up here. Are they gonna pull more on the offer? Well, let's see, let's hear it, not much. Let's see here, we got looking for this order book and balance in here to give us some insight. Now note how you can use this also with volume pressure, for example. We're just using the support and resistance or imbalances in here right now. Give us insight. Now they're pulling across and they're adding on the bid, pulling on the offer, adding on the bid, seems like we're getting buyers now. All right, well, let's see then if they're gonna do that and we're getting buyers up at a higher level and let's see if we can get back up into like maybe this 66 or 67 and a half area based on listening here to this order book and balances. So skew in the order book and we're looking now even more up here, right? So we should see this actually go on this higher larger order book here. We should see maybe some bigger imbalance. There we go. Okay, now this is just order book, right? And price is going up. Anyway guys, play around with it again. This one is something that I've been trying to find some really good use case scenarios for. I would love to see what you guys come up with and that's why we wanna give you access to this. So see what you come up with and we hope that you find this really useful. All right, so again, Bookmap Academy meeting tomorrow, 4 p.m. And if you're interested in that and you want access to this tool as well then you've gotta sign up here at the Bookmap Academy page here. I'll put this into the chat for you and sign up at the bottom, right? And then you'll need to come over to Discord and we need to capture you. So you'll sign up here and then come over to Discord and then we'll capture your Discord username as well. Okay, and that's where the meeting is gonna be as well. It's gonna be over there in Discord. All right, so good stuff here, pulling on the offer, adding on the bid, getting our buyers in here and looking for this move higher. All right, it seems to be working out. I'd be taking my profit up in here due to the swing and this reading that we heard in the order flow here with the market polls. Add minimum partial profit. Okay, all right guys, we kind of went through a lot of stuff in here, rifled through it. I will go through more on this, but yeah, pretty excited about these new tools in here. And you can see where this is all going in terms of how this is gonna be able to allow you for back testing and maybe even some trade automation in the future, right? So we're using this kind of new technology, being able to filter through one add-on and input and then output into another add-on. It's great. It's kind of a big step here. All right guys, well, thanks for coming everybody. We'll please hit the like button and we will see you at the Bookmap Academy meeting tomorrow. That's the next meetup at the market close and then then else Friday at this time, 10 a.m. East Coast time, all right? Because tomorrow we have JTrader going through the stocks and then on Thursday we have Scott Polsini at this time going through the futures, okay? Thanks everybody, have a good day and we'll catch up with you hopefully tomorrow at the meeting, okay? Take care, bye-bye.