 Okay, so welcome to the webinar. We'll look at some of the live order flow in Bookmap. First, risk disclaimer, trading equities and futures involve substantial risk of loss is not suitable for all investors. Past performance is not indicative of future results. For more information, go to bookmap.com. If you're a member there, you have access to free resources and education materials and reach out to us at support at bookmap.com with any questions. If you are new to Bookmap here and you want to give it a try, this is where you can find it. It's at the bookmap.com website and you can see that there are two different versions here, basic and advanced. 49 per month for the basic, 99 per month for the advanced. They are billed quarterly, so every three months, but you get a 14-day trial period here. So try it out, see if it's something that works for you and give it a shot. We offer that so that you can integrate this into your trading and start to understand the order flow. So you're in these webinars, that's excellent, but there are a lot of other resources. So let me show you that and that is our YouTube page here. For example, you can come here and click on playlists. So just look up bookmap in YouTube, search for it, and here are the recorded webinars. So if you want to review some of the recorded webinars or if you miss one, you can review them here. They're all up here for your viewing. And then there's another one here, the education course that we just put together. So there's four videos here, they're about an hour each, and they go through a lot of different details. So if you haven't watched some of these and you're new to bookmap here, I highly recommend it. I think you'll find it very helpful. We start off with just basic market mechanics. And for a lot of traders, that's new information. And then we go into the structure around those mechanics. And then we go into strategies within those structures and mechanics. And then we go through advanced, in part four, we go through the advanced setups and looking at more correlations and confluences. And if you want the most up-to-date information, you can follow us here on Twitter. You can see the last, just yesterday we tweeted about one of the setups here from the educational course. So this is detailing out something to look for. In bookmap. Okay, let's see, gone through that. You can also go to the educational, if you log into bookmap, you can see all these video snippets are here. They're also on the YouTube page. So let's go back to playlists. And yeah, I would recommend definitely watching some of these. They're very short, but they go through really pretty profound order flow phenomena here that you can directly apply to your trading. So take a look at those as well. I think you'll find them really helpful. So how many traders in here are new to bookmap? Let me know here. If you are, one of the first times that you're seeing bookmap here. Okay, all right, so there's a few. Okay, well, let me start off here and just go through the basics. And I'll keep it quick. We've been going through it all week long. And we'll kind of shorten it down so we can dive right into the live order flow and analysis. Okay, so this is the bookmap site or bookmap app. And I'm going to turn off and just show you what you're looking at here in bookmap. Okay, all right, so let me adjust this for candlesticks. Let's look at five minute candlesticks. Okay, all right, so this is a five minute candlestick chart. Okay, and we have a subchart here of volume as you can see. And most of us are very familiar looking at this. However, there's a problem here. We don't, there's so much data that we're not seeing. In fact, there's about 95% of the data that we're not receiving here. We're just putting this together in the order flow together by candlesticks, open high low close of a specific time period. And that's not very transparent here. We do have volume in a subchart and that helps so we can start to gauge some of the activity within those five minute periods. But we don't know where it traded. We don't know how it traded, what kind of speed it had to it, the size, the aggressor, it was it more selling or more buying. And yeah, I think that about covers it. So let me first turn on the historical best bid and offer here. So all we've done now here is layer on top the historical best bid and offer within the candlesticks. So already you're getting a little more insight and you can already see like maybe the speed of some of these moves. We can zoom in and we can see the speed of this move here. And then we're starting to understand little areas of structure now too, just with the historical best bid and offer. So it went sideways here for a bit and it broke hard and quickly and then came down to this level and went sideways for a while here for a couple of sessions or candlesticks and then it started to go back up. So that's already a little more transparent. But what about the volume? We don't know any of that information. So let's turn that on. Now we're getting a lot more insight to what's going on. And this is just plotting the volume. Let's go into this little section here between these five minute candles. And you can see now each vertical dotted line here is a minute. So we can actually start to map out each minute here and start to understand what happened in these five minutes. So we went kind of sideways here for a little bit. There was a little more selling than buying as you can see because we've recorded and plotted on the historical best bid and offer the aggressor. So a market buy is a green dot and a market sell is a red dot. Now these pie displays is a dot that has several trades within it. In fact, there was such a flurry of activity that we have to display it as a bigger dot to give that reference to how much traded and then also to give it the overall, like what did that time period, that little flurry of activity, what did it comprise of? And we can see that for this big dot here, we can see there's more selling than buying. Not much, but look at how they hit the bid here driving price down. And we can see certainly there's more selling. And that shouldn't come as a surprise because we can see the quick move to the downside. But I want to show you that this data is not aggregated. And this solves a real problem with footprint charts because they are time based or bar rotation based. So it's possible that you only have a couple of candlesticks on your footprint chart for a day of activity. But a book map doesn't aggregate like that. So let me show you what I mean. So I'm going to zoom into this dot. And we're going to start to split apart all of the data. Now we're starting to understand really what occurred here. We're down at millisecond level. And we can see the algorithmic activity. Look at how these cells here are spaced out. And you can see that it's clearly algorithmic activity hitting the bid here. But as I zoom back out, notice how just graphically this data is aggregated. And then as I zoom out a little bit more, finally we'll get a pie display because there's both buying and selling in there. So we give you the overall. So all the data is here. It's not lost. In fact you can click on the show data tip tool and we can hover over this area. And we know that there was 489 contracts that traded. Hold on just a minute. Okay. All right. So now we're going to start to gauge the transactions that took place within this five minute period. And that's a lot more helpful. Look at the activity down here compared to up here. And that would be completely lost in your candlestick chart. You simply you're not going to see it. You're going to see a flurry of activity here, but that's for the five minute period. You don't know where it took place. Okay. And you don't know how much. What if there was just a big cluster of volume right in the middle? Okay. And then you saw the move to the downside. Well, I'd be looking for a retracement right back to that area. And instead we have the opposite here. The big flurry of activity took place on the downside. And what occurs is we actually get a retest of that high volume node. And then we get to return back into the range and into value here. Okay. So already just you wouldn't you wouldn't see that in a candlestick chart. And in a footprint chart, it's good. But what you're not going to see is this retest. Okay. Because it's going to be aggregated. It's going to take all of this and put it together. Okay. Now we can start to understand the order flow in this area here. So you can look to look for the interest here. And if you can see that right here, for example, we have a lack of selling. Okay. The sellers start to dry up. Okay. And instead what what occurs here is they start to hit the bid. I'm sorry. They start to lift the offer aggressively. Okay. And we can see and I'm just going to take the candlestick off. It's confusing. You know, this is this is the area here of interest right here. Because that's where we see exhaustion and we see the activity on the other side now lifting the offer. And that is lost here in that candlestick. Okay. So there we go. And okay. So that's how some of these issues are solved with book map understanding that. And confusing. Yeah. I agree. But let's let's now this is good. This is really helpful. But there's still a lot of data here in this market that we have no idea about. Okay. So let's look at a dome here. Okay. The dome over here. And this is the Dolman book map. All right. We have the best bid and offer right here this inside market. Okay. And that's reflected in the dotted line here. And this is your last traded volume right here this number. And then we're looking at the depth on the on the on the bid and the depth here on the offer. Okay. So this is the current market. Okay. This is if you show up to an auction. These are all the participants in that auction right now. And you can see them bidding and offering at very specific price levels. And these numbers change all day long. Okay. Maybe they want to add more. Maybe they they're not interested in buying or selling and they pull their liquidity. So that is a that's really good to see in a dome. However, there's a problem here with the dome is that this this data here is fleeting. We don't know as soon as these numbers start to change. We have no historical record of it. Okay. So we don't know what it was previously. Were they really interested in buying here? What was their behavior at this area? What about the areas around it? Were there more buyers stepping in in these areas here? Or were they pulling and adding to lower levels? This is this gives us tremendous insight to the auction and what's going on. And that is rather difficult to read in a dome. Okay. So let's turn on the heat map here. And this is the final piece. Well, there's also the indicators. But let's turn on the heat map. And I'll turn off indicators for a moment. And now we're starting to get a clearer picture. Okay. Now we're starting to see the interest, the intent to trade at these price levels. Look at the high liquidity here. 1600 contracts 1500 a tick or a couple ticks above. Okay. And right in this area where we noticed our little our little pullback here and exhaustion and then they start to lift the offer in this area here. Well, look at they came in underneath and aggressively wanted to buy, not down at these levels, not at lower lows, at a higher area. Okay. And that skews the auction. Okay. Now there's there's buyers that they're aggressive. They're at a higher area. And we can see the behavior here. Okay. That helped push price up and in this approaching now the high liquidity here on the on the offer. Okay. So and let me let me cover there's a really important distinction here to go over. And that is between longer term high liquidity and shorter term high liquidity. Okay. So that longer term liquidity is down here. Okay. It's down at this 61 and a half area. They've been staying in the book for a long time. Okay. And on the offer it's up here. Okay. It's at 66 and a half. And now they're starting to show at 66. But we don't we haven't we haven't seen a lot of history here at 66. So we don't know if maybe they're not interested in trading, maybe trying to spoof the market lower. We don't have that insight yet. But so far they're staying in the book. Okay. But we can see them adding and pulling in this area. Okay. So that's exactly what this historical heat map is going to show you is going to under you're going to understand this area here at 66. Okay. Do they really want to trade? Okay. It's looking pretty good that they're being aggressive. They're at a lower area. Okay. As price is coming up toward them. Okay. So it looks like they want to trade. Right. But if we zoom in a little bit closer here, we can see at the last second they're starting to pull. Okay. And you can see that behavior right in here. Okay. So they're getting kind of cold feet. Maybe they they're looking to, you know, you can see them adding up above here at 67 now instead. Okay. And so I would say I would gauge this area here as or at least at 66 as, you know, they're they're somewhat interested. But it's not it's not very convincing at all. Okay. All right. And then and then you can see they they end up pulling that liquidity. Okay. They don't want to be buyers. Okay. All right. Now we come back to the market as price is moving away, they jump back in. Okay. So yeah, it this is that longer term liquidity up here at 66 and a half. And the shorter term liquidity is, you know, kind of, I would say this is more medium term, you know, because they're staying in here. The and we can because we can read it. Right. Now the shorter term high liquidity, this is the distinction. Okay. The longer term liquidity, they want to stay in the book and they want to trade for the most part, or at least we can assume that until price gets up there. The shorter term liquidity, the high liquidity in these areas here. This is a skew in the auction. All of a sudden, think about this being an auction and think about that someone comes to the a market with a lot more supply. Okay. And they're aggressive. You know, they want they want to sell at a low low level. Okay. That's new information for the for the auction. Whereas before the auction was reading it and, you know, it's between these higher levels here and this skew here and also here and here has an effect on price. All right. So in fact, it looks like perhaps they, you know, they want to show that liquidity. They don't want to trade because they pull it. But, you know, they skew that auction to press price down into perhaps some of these areas down here. Okay. And then once they get filled or, you know, they get their orders, yeah, their orders filled here, then they're out, you know, they pull. Okay. And actually we can read some of this intent here. These guys actually pulled here as well at 63 and a half. Okay. But there could be potential iceberg here. Let's turn down the indicator and look for iceberg detector. Okay. All right. Well, we can see pretty significant iceberg right here, right down into that area. We go through a couple ticks here or let's see just one tick. And then we come back and then we see another iceberg here for 108. Okay. We also see on the other side, you know, 330. So it's kind of back and forth on the iceberg. They're getting filled before their high liquidity or they'll pull it and then get filled. Okay. All right. So that covers the longer term liquidity and the shorter term high liquidity that does not have the intent to trade. And you can see very clearly how this can be helpful because we're channeling here between two areas of high liquidity. All right. And in fact, that's indicative of the profile here. Look at our profile, volume profile. We can see that it's a, you know, basically a single distribution. Okay. In between two areas of high liquidity. So you volume profile guys, you can start to match the auction and the intent to trade at some of these areas and understand what's going on within volume profile theory. All right. Responsive buyers would be down here. Responsive sellers would be up here. And here they are. All right. So anyway, I hope that is helpful. We've been kind of reading the market along the way here as well. So we understand we're channeling right now. We understand the move down here. And yeah. Okay. So we had another move down here and we can see pretty significant iceberg down here over 1,064 contracts. Well, I'm sorry, 1,064 contracts that traded that weren't in the limit order book. And this is where we saw that reversal. Okay. Or trade back into the range. Okay. Reversal on a shorter term. All right. So and here's our retest. In fact, we got a couple of retests here, it looks like. Okay. Well, one's pretty significant. All right. Okay. A few questions. Let's see. Darcy, why don't you try this coming up to the, what version of book map do you have, might want to go to help and then about and find out what version you have. And then secondly, click on the studies configuration here. And then click on iceberg detector. And just make sure that it's on. You know, make sure that this is checked and that this is checked as well. All right. Okay. Let me know if that works for you. Yeah. More or less, I mean, you know, this, this, this area here, where there's iceberg is, is, it's absorbed. You know, I mean, an iceberg basically absorbed all of the aggressive selling. Okay. Or a lot of it. So you can start to put these pieces together. And we got, we have a lot of insight to this activity now. Okay. What's going on down here? Who the players are, what their game is, and looking for some sort of clues or insights to what might, might occur afterwards here. And we can see what, what occurred. We have exhaustion on the retest down here or very, very little trading. Okay. And then, and then we can see the, they started to lift the offer here with aggressive buys. And then they skewed the book. Okay. Just those three things alone will significantly help your trading. Okay. I were at a level here. Okay. We're at a level below this swing. These guys absorbed. Okay. We get our retest, no more selling. And then we see them aggressively lift the offer. And we see an imbalance in the book. Okay. This was good for if like, let's say you got in right around here in this area here, maybe 64. Well, you at least, and you were looking for a target maybe at the swing here at this area. Well, you got a point and a half out of it in a, in a pretty slow day. And that's not bad. That's not bad. I'm sorry. Was it a point and a half or was it 64? Yeah, let's say, let's say you got in at 64. And you probably get out at 65 and a half. Yeah, about a point and a half. Let's say, okay, let's just be fair here. Okay. Darcy, let me know if you see your iceberg now. Oh, okay. Let's see. Configuration when I click on iceberg box, nothing happens. Hmm. What version of book map do you have? Version 5.0. Not sure if it's available in 5.0. I can't, I can't recall the new, the new, the new iceberg indicator. But anyway, yeah, please reach out to us at support at bookmap.com. And we can help you out. Okay. Let's see, Francisco, a couple questions here. Let's see. You're welcome, Darcy. Let's see the red dot on the floor. Trader, trader. Yeah. Yeah. Well, I mean, these games go on all day long, especially I find, you know, these, these sideways days or this kind of sideways action can be very tricky. And, you know, we can start to put the order flow here together. We already have the structure. I mean, and the structure is being defined here by the bids and offers, you know, we're trading between the high liquidity on each side. Okay. And then you can see the range here. But look at all these little trappy areas. You know, it just, it happens all day long. They trap below here. They use icebergs here. And then they, they skew the auction to the opposite side to drive price up into this area here. Okay. So, and then again, like, you know, we'll see this little, let me get to it here. Look at this little trading range here. Okay. And a, and a break above it like that. And so, yeah, I mean, these, we don't even get it. Well, we get the retest now. But we're still rather, you know, kind of, kind of trading here. No, no, that's not true. Okay. Okay. Looking, trying to put together, like, a better example, where a little bit clearer, what we see is, we'll see structures within structures. Okay. So, and these markets are fractal. And you can read this really, really clearly. I guess the structure broke and we came down to the POC of this structure. It's going to be right here in the middle, more or less. And we can, we can see that, you know, when it broke here, it went sideways and consolidated it up here. And then it went up here as well. But then it broke. Right. And we came right back down. So, right now, like I said, it's a little murky here, but you can see these structures rather, rather clearly. And, but you'll see them get trapped in an area, you know, and then they'll sweep the book to the upside and then, you know, continue on and come up to some of the high liquidity as the target. So, you can always look for that high liquidity as being your targets. It's already understood by the auction. And they you know, the market needs that high liquidity to trade. Okay. So, anyway, let's see any other questions. Yeah. Yeah. Very, very balanced today. You know, it's the profile you see that, that, that big volume cluster down here that we've been covering. You can see the profile here, just a little bit of a, you know, tail on that. But, but this, this profile here looks pretty good. All right. Okay. Okay. The, this tool tip, you can use this if you like. And you can hover over these areas and you can see exactly what was pulled or added in these areas. So, we have the date, the time and what was on the ask at this price level. And then we can see that they started to pull, or I'm sorry, they started to add in this area here is because it got brighter. So, we went from 1450 on up to 1475, 1492. And then we can see 15, over 1500 in this area here. All right. So, you can see the longer, longer term traders, they want to, they were more interested in selling up here. And then this last minute here, they pulled. Okay. So, it's still kind of fickle. We're not really, really sure. You know, what their intent is yet. If they really want to trade, they'll stay in the book because they will not give up their place in line. Right. They, it's a, it's a FIFO market first in, first out. So, if you're first in at this price level, you're first in line. And that's an advantage. So, if they want to trade, they're not going to jump away from that price level. Okay. Yeah. Yeah. We can, we, we've been looking at some of the correlation, correlated markets here. The, we can add that as well here. So, let's take it, let's take a look at that. Okay. So, this is another add on feature with the book map advanced version. And this is the correlation tracker. Okay. So, we'll enable it. I'm going to add the NASDAQ here. And this is a, so we have the blue line here is the NASDAQ compared to the S&P. So, now, now we're, we're getting even, even more data here to understand how are the correlated markets behaving compared to the current market that we're looking at. All right. And, yeah, a lot of sideways action here as well. But you can see that the little more aggressive, it's a little more bullish here with this NASDAQ, you know, we're making, they made a higher high here in this range. Okay. And they came back up and tested that higher high. And we're just about, looks like we're just about to break out of it. All right. So, but we, be wary here. You know, maybe we should just jump over to the NASDAQ and take a look because the, yeah, we're probably, you know, look for maybe a trap here to trade back into the range. But, okay, the NASDAQ just broke out. Look at the S&P though. Okay. It didn't. It broke out of this, this little micro swing here at 1115, but it, the, the high, the high of the day is up here at 66. All right. Okay. All right. So, one thing about correlating the stock indexes, they're, you know, you won't, a lot of times you won't see a lot of difference between the two. We're actually seeing some right now. That's a good thing. So, we understand the NASDAQ is pretty strong here. Okay. All right. So, all sorts of strategies that you can, you can come up with based on this data. Maybe you're looking for, you know, a quick scout to the upside on the NASDAQ. And then, or maybe you're just looking for the S&P to, to follow along. So, you can see there's a bit of a lag here. It's not as bullish, but maybe it will, it will follow along and come up and test these guys here at 66.5. All right. Okay. The, or, you know, maybe you're looking for, for hedging these. Okay. And you're looking for, you know, when we see the breakout here of the NASDAQ, maybe you want to short the NASDAQ and go along the S&P. Or if you're looking for a move back into the range, then you would do the opposite there. Okay. Yeah. The correlation tracker, I believe it's $20 a month. Okay. And the iceberg detector is $20 a month too. Okay. So, there's the newer version of the iceberg detector and maybe this is what Darcy is talking about. The number is plotted on the chart here since the, this is a pretty significant upgrade to that indicator. So, the price has changed where before it was right here in the column, you know, the current order book column as bars. Okay. So, real nice here. You can, you can see the, see the difference. You know, you see every single bit. In fact, let's zoom into this iceberg here. And let me show you what I mean. Okay. As I start to zoom in, we're going to start to pull apart all of this activity. And you can see that there were several icebergs here. Well, it was, you know, the same, the same guy probably just, they continue to hit the bid and he continues to absorb. Right. But you can see the activity here. Okay. And you can see where he stopped right there. And then as I zoom back out, okay. He's still here. He's still here. And still, still absorbing. Right. Yeah. So, this was his area. Okay. All right. So, the, the indicator. So, actually, I would, I would recommend Marco the, you can get the add on package. So, you can just subscribe to that monthly instead of them individually. And in fact, I think the individual ones are only for those that have lifetime book map previously. If you want the, if you want the add-ons now, you need to subscribe to the add-on package. And you get a deal on it anyway. I mean, the, you get all of them with the add-on package. So, the iceberg is 20, the correlation is 20, and the trading from the chart, the one click trading is 20. Okay. As, as well as you, you also get the large lot tracker here, this little white line in the, in this column. And you also get the imbalance indicator up here. Okay. So, it's just better to go for the, the package deal. And then you get all of them. Right. Yeah. That's, I think that's 50 bucks for the package. Okay. All right, guys. Well, let's see. That NASDAQ is still strong. All right. The S&P really hasn't followed suit. I mean, it's still up at the high area here, but not the highest high. And if we see this, this NASDAQ start to sell off, well, then maybe that's an opportunity here for that S&P to sell off too. Okay. Because it's weaker. Right. If this trades, if the NASDAQ trades right back into the range. Okay. That's, you know, that's how you can, you can look at this or one, one potential way. Like I said, there are, there are several. Okay. Let's see. Any other questions? No. Okay. Well, it's been, it's been pretty slow. So, you know, it's good to go over these things in some detail and then answer you guys' questions since it's been slow. But, you know, understanding the liquidity here, the longer term and the shorter term and understanding how they kind of play together is an important concept here. Okay. Because a lot of us understand the volume, the traded volume, but we don't, we don't understand the liquidity because we've never had to really study it before because we never had it plotted onto the chart. So, it's, it's, it's new information for us. And we don't really quite understand it. But now you can see it. Marco. Yeah. I mean, some of the possible trades, well, I mentioned one down here. Okay. I thought that looked pretty, pretty decent. And, you know, the quick move down, the absorption here, the retest, okay, with, with very little volume on the, so, I mean, basically exhaustion, right, in this little area here. Let me get off, let me take off that correlation tracker for the moment. Okay. Right in this area here. And then they, then they break this microstructure right here. Okay. And look at the aggressive volume. This looks good. You know, and then he add in, like they jump in here with high liquidity, you know, with over 1400 contracts here. Okay. That looks good too. You know, they skewed the auction after, you know, starting to see a flurry of buying in this area. Okay. Be looking for test of the next swing. And that would be this level here. Okay. So, that's sort of, I don't know. I explained that earlier Marko. I hope that helped. All right. Well, S&P starting to follow suit a little bit. A little more, a little more buying here. Let's see if these guys mean business at 66 and a half. All right. Looks pretty good. Looks pretty good for testing it. Look how they're starting to lower the offer here. Okay. Now they're down there, little more liquidity here at 67. And also 68 is starting to get a lot brighter here. 1540 contracts up here. Okay. Well, maybe we'll get a quick push through here. And then I would be anticipating if that, I mean, there's some, some different scenarios that might occur. Okay. We might get a quick push through and then a retest back to this area and we might get a flip of the book. Okay. Maybe the, maybe price accepts above this 66 and a half level. Okay. That's one. The other is maybe we see a kind of a false breakout here, a trap, and then move right back into the range. Okay. That's another or maybe they'll just start to get really aggressive here on the, on the offer and you see them hit the bid with aggressive sales. Okay. All right. So we're getting kind of a little bit of both here in that sense. Like they're aggressively starting to sell, but look at them just skew the auction right here. Right. And it stopped that aggressive selling for the moment. Okay. It has to reconsider the market now. Reconsider the, we're channeling between very tight, high liquidity here. Okay. And maybe, maybe they are trying to press price up through here and, and then, you know, they're going to pull this liquidity and they're looking for a return back to the mean. Okay. So we'll see it. We'll be able to put it together. To me, you know, I'm seeing some, some nice volume up here. You know, I like that. And, but the, the auction here is, it's kind of sideways. What about the icebergs? You know, definitely more absorption here on the icebergs, on the offer. Let's see. Roger, new subscriber. Okay. Great. Well, welcome. I think you came in a bit late. You might have missed my initial coverage of, of what book map is showing you. That's fine though. This is recorded and you, you can, you can, you can watch that. Let's see. Solid vertical line is delinination. Yeah. That is correct. This solid white line here. Okay. This here is the current. Here's our breakout. All right. But let's, let's see if we get any follow through here. All right. This, this area here is the current market. This is no different than the dome. All right. So you can see that when the numbers change in the dome, it'll be reflected in the heat map. All right. And then the, the interesting part though is to the left because to the left, we record this activity here of that auction. And then we plot it onto the chart for you so you can see it. Okay. Let's see. However, I see changing shades. Okay. Yeah. This is a good question. So I mean, this is, this is recorded data here. Now, if I zoom out a little bit, you're going to see the heat map change a little bit, right? The reason, it's a little complex to describe this, but the reason why is that we need, we need a reference. So when I zoom in, we're, we're, we're getting kind of the, the area here. And there's a, there's this automatic contrast configurations here. Okay. And you can start to play around with some of these settings here to look at something very specific. All right. So the, as I zoom out, you might see the heat map change. Okay. The liquidity still hasn't changed. It's historical. It's all been recorded here. Okay. It's impossible for it to change, but we want to give you a reference to this liquidity around the area here. So let's zoom into this area here. Okay. And we see how this area got a little brighter here. All right. And under here. Okay. The liquidity didn't change. It's just that we're giving you kind of more of a reference in this viewable chart window. Okay. So it depends on your zoom. That's the key here. All right. Hope that answers your question, Roger. All right. Well, let's see what occurred here. Well, as I was talking, we can see what kind of unfolded. They pulled here. We see the high liquidity that was underneath here. The breakout started to occur. But then look at them jump in here on the offer. Okay. And this is what I was talking about earlier. This area here is aggressive on the offer. Okay. They were here at 68, and they are here at 68. Okay. But then they're lowering their offer one and two and three or four ticks here. And they want to be sellers. Okay. Now, that's pretty aggressive. What if they had instead these guys here at 67 and a half and 67 and three quarters, they started to place it up above. Okay. In fact, they did in some cases here, as we can see. But, you know, this, that would show a lot more bullish activity because you would see, I mean, they want to be filled but at higher areas. All right. But this is showing pretty aggressive skew here. All right. So, yeah, we're trading back down and now these guys are pulling here. Okay. So, we'll see if they're still involved here. But now I'm looking for a trade right kind of back into the mean. All right. And we're getting it. It's not changing when you zoom in at all. Okay. It should. You'll see the reference will change as you can see as they zoom in and out here. All right. Okay. But that's one of the points here using Bookmap because, and let me explain it this way. I think this would be best. For those of you who are familiar with Photoshop or let's just take an image. And let's say on your phone and you adjust that picture, you know, you have some sort of software in there that you can adjust the color balance or, you know, the hue, saturation, etc. Okay. Let's just stick with hue. You adjust the hue in a black and white photo. All right. So, some of the brighter areas become brighter and some of the darker areas, you know, they become darker. All right. So, that's for that very specific set of data. It's one photo. If this is a constantly changing market. So, the heat map changes because you'll see that all of a sudden someone will jump in with not 1500 contracts up here, but maybe 2000, maybe 3000. All right. That'll skew that photo. And now it blows it out. Right. Everything's going to be white. And well, everything's going to be white up here and everything else in reference is, you know, it doesn't make as much sense. So, what we'll do or what the software does is it it'll make this area, you know, if it was 3000 contracts, it'll make it the brightest and it will scale the rest to show the reference of that liquidity at these levels compared to that high liquidity up here. Okay. All right. You got it fixed, Roger. Okay. Good. All right. So, yeah, I hope that helps. A lot of times you'll just need to just tweak your heat map a little bit depending on your zoom or depending on the high liquidity that jumps in here. So, it's a constantly changing set of data and we need to adjust for it. All right. So, there's a quick reference here with the black cutoff. As you can see, I can very quickly, you know, change that as well, which is a nice feature. All right. All right, guys. We'll let's see. I don't really, I mean, we see some guys, they're starting to come back here at 65, but it's really, there's really nothing too interesting here. You know, what they're probably looking at, I would imagine is looking at maybe this trend line here, you know, something like this and starting to position themselves. Okay. Because we also have and this did break out. Right. It broke out from this level here or maybe a little bit higher here. Right. And it's still holding at the moment. Okay. So, that's just the structure alone is showing kind of bullish behavior. Okay. But that's countered here with, you know, the high liquidity here on the offer and aggressive liquidity. And the, now they're starting to kind of jump back in here at 65. Okay. To support price. There's a little bit higher liquidity, almost 1500 contracts there. Okay. So, in this sense, I would not be trading. You know, I don't have the clarity here. Okay. Down here, I did have that clarity. Okay. This made good sense to me. And that's just for me. Right. Maybe you're looking at something very different. Regardless of how you trade, you still have the transparency in the market. Okay. You understand the larger players using iceberg orders here, that higher liquidity, the historical auction here, and the traded volume. Where is it trading? How much and what type? Right. So, yeah, I hope that helps you guys. Let's wrap it up. We'll call it a day. And we will see you tomorrow. Just a couple last questions here. Let's see. Okay. Francisco, he's talking about the appointed control within the range of this extension. Well, this is a real nice feature that you can use. So, I have here, we can turn on the VWAP. Okay. So, there's two volume columns that I have here. You can add multiple columns here. You just right click in here. And you can actually, you can insert a new column. Okay. And it's unlimited. I mean, you can continue to insert columns. And we have different data types here. Okay. So, we can look at a trades counter. Okay. Not volume, but the amount of events that took place. Right. And a lot of times, we want to know that data because it's not really a volume driven. It is event driven because a lot of the algos are, they're not using block orders of like a hundred lot. They're using a hundred small one lot orders. So, it's more, a lot of times, it's just more about the number of trades. Okay. We also have a quotes counter. Okay. Quotes that were refreshed at specific levels. And you can see that data here as well. These always give some pretty nice profiles. But what Francisco is talking about here is matching up the CVP and SVP. The CVP, or let me know if I got it wrong, Francisco, but the CVP here is showing you the volume within this viewable chart range. So, you can study that. So, let's say I'm just interested in the volume in this, in this area here where we kind of broke from. Okay. Well, here we go. Here it is. Right. And I have the VWAP of that. It's this little white line here. Let me get rid of these other columns for the moment. All right. Okay. Thanks, Francisco. And then, so that's the volume profile for this range. Here's our session range. And this is from when I opened up Bookmap. All right. And we can see what's going on here. And we have the VWAP of that as well. So, you know, all sorts of strategies can evolve out of this. If you're bearish, then maybe you're looking for a return back to either the VWAP or the point of control of the session down here. All right. Okay. So, you can trade VWAP to VWAP or like low volume node to low volume node or low volume node to high volume node. All sorts of different ways of starting to apply this to your trading. All right. Yeah, it is really cool. I really like that. There's also another, for those of you who are accustomed to reading the tape, the you know, like the time and sales. Well, I mean, basically the time and sales is here. It's this traded volume. And you can see it. Right. But we also have a time and sales column. Okay. As you can see here. But let me change that back to the volume. Okay. And the volume column, we can split this out. Okay. And there's just right click and choose format. Okay. And here, split it out. And we can see the aggressor classification here. So, what kind of insight can we get here? We can look right at it. And we can see like who might be winning the battles in some of these areas. All right. And I'm not really seeing anyone win the battle here at all. But that's why they're both kind of equal on each side here. All right. A lot of traders like this because they want to get involved when they start to lift the offer or hit the bid really hard. Okay. Now, there's also a ton of resetting options here. So just right click again. And then choose reset. And here's what you can do. We can configure these. You can reset it now. Or you can schedule a reset for every minute or hour or at a specific time. Or there's a conditional reset. So if price trades out of an area and then quickly comes right back in within amount of seconds that you choose here, then this data here is going to remain. So it was just a quick move out and it won't reset your data. It will reset if it stays outside of this area for a specific amount of time that you choose, maybe a second, two and a half seconds, or maybe five seconds. Okay. And then what else here? There's another I really like this feature is just the reset. Click on and select reset on double click. So right now I want to reset it. I want to see like how it's behaving right now in this area here. And then now you can read it. So who's getting more aggressive right now? Buyers starting to come in. 102 versus 53. And this is for those that really want to pinpoint some of those entries. They're looking for something very specific. But again, now you have the heat map. Okay. So maybe you're just looking for them to pull back a little bit down just a couple ticks. I don't know. It's up to you. But all the data is here and you can format it to your liking. Okay. All right, guys. Well, if there's no more questions, then let's call it a day and we will see you tomorrow. Okay. Yeah. Take care. Bye bye.