 Good morning, traders. Good morning, Marvino. Welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap, the risk disclaimer. Trading futures, equities, and digital currencies involve substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. OK, the goal of the webinar here is to go through and introduce you to Bookmap, who uses it, define what Bookmap is, how to connect to the various markets, how to subscribe to it, and then some of the resources that are online for further education, and then get into some of the live order flow and understand just the basics of the Bookmap chart, define the elements on the chart, and then look at the order flow. OK, now, this is the basic education that is free with Bookmap, and I'll go through some of the other resources in just a moment. But with the subscription of Bookmap, you also get a much more advanced education. There's an educational course, four-part educational course that is available online. In fact, you should have access to the first part of that for free, and then you get the access to the advanced order flow webinars. Now, those start at 11 a.m. Eastern, following this webinar, and we go through the order flow in detail. So you'll definitely understand what you're looking at in Bookmap and how to use it. And then, based on our analysis, and it's a very objective process, we start to anticipate where future price might go in those advanced webinars. They're everyday, so you can understand what it looks like, what price or order flow phenomena looks like in the live markets, and then you can start to apply that to your trading. OK? All right, let's jump into the website and go through some of the details here. OK, we'll scroll down. So what is Bookmap? Well, we're a software trading platform. That's our advantage, and that's what we offer. We're not a broker. We're not a data provider. We're just software, just like any other platform that's out there. Who uses Bookmap? Well, day traders, scalpers, swing traders, and quants. We came from this quant environment, and I'll show you the details as we get into the live order flow. But this works on much higher time frames. The same rationale applies in order flow on much, much higher time frames, even a monthly chart. In fact, since there's been some volatility, we've been looking at the much higher time frames in the advanced webinars. And seen some great stuff. Anyway, continue on connectivity. So we need to go through how you connect Bookmap. OK, three different markets that Bookmap connects to. Futures, US equities, and digital currencies. Now, the digital currency data here is free. OK, so you can subscribe to Bookmap now and be up and running within minutes. Now, for futures and US equities, you will need to provide the data through your broker or data provider, however you connect to the markets. We're not a broker. We're not a data provider. That's something that you'll need to bring here because it does cost money. For US equities, you connect with DXV. That's the only method at the moment. For futures, you have many different options here. Rhythmic, CQG, gain capital, transact, IQ feed, nanotik, and Cedro. Now, you can also connect via the API of TTXTrayerPro, Ninja 7 and 8, and Interactive Brokers. It's recommended to not do that. Well, it's fine. And there's no problems. It's just that you will get cleaner data and you'll just bypass any sort of complex API issues that may arise every now and then. They do when maybe they change their software. That's actually happened with transact data recently. But anyway, you can just bypass that completely and just go with the data provider, like Rhythmic or CQG. All right, let's go through the pricing. So you can subscribe monthly to Bookmap. The prices are listed down here. Yearly, you get the 20% discount and you'll see the difference down here. Or you can get it now, Lifetime. So there's three different versions here of Bookmap. And I'll just go over some of the differences. The digital version here is free. Okay, this is a nice offering, is for only one cryptocurrency at a time. However, like I said, the data is free. You can connect to multiple markets, but only one currency at a time. And the markets are always open, so you can always check out a live market with this free version. Now, for futures and for US equities, you'll need to go with the global version. Okay, and I would recommend subscribing for a month. With the free digital version, you'll get access to a delayed US equities feed, as well as some downloads from futures markets. So you can check out like older files and replay them. So still get an understanding of what some of the futures data looks like. But if you want the live market, you're gonna have to go with the global version. Okay, now that's the global version. The global plus version, the big difference is the add-on indicators. Being able to trade right from the chart into your funded account, as well as proprietary indicators we developed that look at order flow phenomena, like our large lot tracker, identifying larger players in the book, or our iceberg detector. Again, identifying larger players, but they're hiding their liquidity. They don't want it to be seen. Okay, so therefore they're using the hidden order type. Anyway, there's and balance indicators, correlation trackers, and some other indicators as well. And that's what you get with the global plus version. If you want the details, you can click here and see a list of all the different variations. All right, sign up for webinars here. Some testimonials. Let's just go through a few more resources. So you can understand what you're looking at here in Bookmap, or if you want further education. There's a blog that we have. Click on that link up here. And there's many articles. There's trader interviews. There's resources here. This is a good point to look at all sorts of different material. Now, our Twitter feed as well. Okay, in fact, something I want to show you here in the Twitter today and yesterday, okay? You might want to follow us to get these kinds of updates here. It's at bookmap underscore pro, okay? And it's this one here on the comparing bookmap to volume profile charts. I would recommend checking these out. I mean, these are popular trading strategies or tools. And then understanding what you're looking at in your profile, okay? But then applying it to bookmap. Okay, and what you're missing here. And it really truly is, you are missing something here. There's pieces of data here that are very important that you just don't see, okay? Where you will see it in bookmap, okay? And it's primarily the liquidity, but it's also the traded volume, okay? To very specifically understand the context of that volume in relationship to price structure as well as the auction or the liquidity. And that's the advantage that you're getting here, okay? So I would encourage you to check this out here. This is for the volume profile, okay? So many of you trade volume profile. And let's go through another one though, okay? Because we recently just the other day uploaded this one as well, comparing footprint charts to bookmap, okay? So again, it's the same idea here. Let's click here, okay? Because you are missing something. You're not getting understanding in context. You just seen the traded volume here. And that's an issue. If you want more insight, you've got to understand liquidity. And that's just that. So for example, this liquidity pulling here, okay? Well, you see that they start to ramp up the selling here, but understanding that this was pulled, okay? Is a big issue. Or understanding some of these other issues where they're absorbing, getting filled at some of these areas here. You just won't see it on the footprint chart. It's not there, okay? So that's more enhanced insight so you can make better trading decisions, okay? Anyway, I encourage you to check those out. I think it's pretty good content there. The YouTube channel, let's just go through last resource here and then we'll look at the live market. Okay, if you're new here, watch some of these intro videos. And then I would encourage you to watch these order flow educational videos here, okay? These are very concise short videos that go through order flow phenomena uncovered by Bookmap, okay? So this is the advantage you're getting here. Okay, so I would encourage you to watch as many of these as you can and start to understand the concepts here, okay? Because this is what Bookmap visualizes, all right? Features and components are down here and then some selected webinars as well. If you wanna catch up on some of those or look at some of the advanced order flow education webinars as well, okay? All right. Well, let's jump into the S&P. We've been looking at the S&P. We finally get some volatility here to be able to look at the S&P. All right, and let's go through some of the details here. What are you looking at in Bookmap here? Well, you can see we have some add-on indicators here that come with just the global version like this point of control indicator as well as this VWAP here. And we also have a cumulative volume delta. You get that all with the global version. But in fact, I can't wait to go over this in the advanced order flow webinar. For that, tomorrow I'm gonna hand out the link for you guys. If you wanna check out that advanced order flow webinar, we'll give you a sneak peek. We do that every Friday, okay? I mean, we're just balancing off this point of control down here. We have a pretty important level here. You can see this liquidity filled and they're jumping from the offer to the bid side and we see a lot of volume here. This is a key area, okay? We came just shy of it and we came down to the point of control as it shifted up and we also have the VWAP down here. And I was bullish as the day began anyway and I'll go over some trades in that advanced order flow webinar that I took earlier this morning. And yeah, looking for this trade to 2,700 and we're just about there. That was my target earlier and anyway, I took some profits before that area. Anyway, let's define these elements on the book map chart so you understand what you're looking at here and then we can go get some of the basic order flow education. All right, so we'll take the VWAP off. We'll take the point of control off and close up that CVD and look at these three elements here. We still have iceberg detector here. Nice iceberg down here. Look at that 102 contracts traded right down by the low here on the buy side. So that's the way I like to use that iceberg detector is understanding context of a level that's important and then larger players they're kind of front running that area here. All right, and we can now we have extra information that there's a larger player using an iceberg order down there. Anyway, three elements on this book map chart. It's very simple data here. I know that it looks like something very foreign to other charting platforms out there. Well, it is foreign looking and this is because we're visualizing information or data that other platforms simply do not show, okay? And that primarily is the heat map here, okay? And that's this orange, yellow kind of blue and sometimes even red heat map. And all it is, this is the uniqueness here in the platform or one of the primary elements that is unique and all it is is showing you the historical order book, okay? So let's zoom in here and let's just go through the order book let's define what that is. All right, so yeah, we're looking here at see this white line. See this white line, okay? This divides the historical view here to the left and the current market here to the right, okay? So we're looking at the current best bid and offer right here and then we can see this is the price ladder here and this is your current order book, okay? So for those of you looking at the dome, you understand what this is. This is liquidity, okay? This is where they're offering up here and this is where they're bidding down here. This is the auction, okay? We have just a little bit different configuration of this dome. You can configure your dome just like other domes out there, no problem at all. In fact, we have a new video on that and let me show you that. I think that might be helpful for you. Yeah, Mikhail, I'm looking at rhythmic data, okay? And there are some advantages to rhythmic. Anyway, the, let's go through this features here. We just made this video here, okay? So I wanna give it to you guys because there's a lot of traders that look at the dome and you can configure it in Bookmap, no problem, just like any other dome out there is completely flexible here, more flexible than other domes that are out there. Okay, so I'm gonna put this into the chat. There you go, there's the link, okay? And let me just quickly just show you here because a lot of these domes, you can see the different configurations here, I'll show you. Okay, there's more toward the end here. Yeah, okay, so I mean, you configure it just like a dome out there. You can get your time in sales, for example. There's other very popular dome setups like this one here, okay, pretty common. And there's more advanced ones, looking at volume, looking at the quotes delta here as well, that liquidity that is pulled or added, as well as time in sales, okay? So you can configure this any way you want with these columns, okay? I just wanna note that here. You don't have to go with the setup that I'm looking at here. This is what I prefer, but this is completely configurable and that's the main point here. All right, so let's continue on with the dome. We're looking at liquidity here, all right? That's what these numeric values represent here, our contracts, okay? This is where sellers are willing to sell. Down below is where they're willing to buy at these very specific price levels, okay? Now, what we've done is we take these numeric values that are in the dome and we turn them into a heat map in this window here with the best bid and offer. Okay, this number's the last traded volume and you can see very high liquidity. Well, this is what it looks like. Okay, we painted in the heat map. So up at 2,700 a figure that you can see there's 500 contracts up here, okay? It's the most in the book right now. It's dominating the book, okay? There's 450 or so here at 99. And what are they doing? They're front running this 2,700 figure, okay? Here comes the attack on them and now we just got some insight to these front runners up here, okay? Now we're down to 300 contracts. So we can answer a question here and we can understand the auction here pretty nicely. These guys up here did not have the intent to trade. If they pulled their liquidity, they do not want to take the risk. It looked like it was kind of bearish here. They wanted to be sellers at this level here at 99. Well, we have our answer now. They don't really want to sell, do they? Okay, so they shied away from it and they pulled that liquidity at the last second, okay? So this is, they just did not have the intent to trade here and now we know that, okay? Let's zoom out and let's find some other areas where they did have the intent to trade, okay? And we can see it right down here, okay? Traded into this level here is dominated here by this 800. So we might not see the high liquidity. This is pretty typical. This looks like a kind of spoof activity here. Let me, because this is so dominant here compared to this level at 94 and three quarters, I need to boost this up a bit, okay? So we have a little more reference here. Okay, so they stayed in the book here, right? So 398 contracts, well, 319 of them traded. So some of it was pulled, right? But the majority of this actually transacted and this is what it looks like. They trade right into that high liquidity here, okay? We can see it, right? We can see the transactions that took place here, okay? These red dots are the transactions. So I just wanna make a distinction here between liquidity that is fake or does not have the intention to trade and that liquidity that does, okay? So now we're starting to have a context between price and the aggressors, so the volume versus that auction and where they really have the intent to trade. And this is the kind of context that is very, very insightful and helps you make more informed trading decisions, all right? Okay, so that's the heat map and that's just one element on this book map chart that we've covered so far, okay? But we can go back and we can now view not only this recent historical action that we're just looking at, we can zoom out, okay? And we can use this on much higher timeframes here, okay? So look at all this liquidity up here at 95, okay? And it transacted, it went right into that area. What was the result of that transaction up here or these transactions? Well, it sold off, okay? They didn't find any more buyers willing to take this higher, okay? And this is, you know, from, well, we're looking, you know, even, I don't know how much data I have here, I actually have quite a bit. They've been in the book forever here, okay? And this is fact, okay? And they transacted, okay? And this is at the open too. We see, look at the volume pick up here in the open, okay, very typical in any of these markets when you have the cash open. And right above the swing here, right into high liquidity up here and we found some sellers, okay? So that's the context we're putting together. In fact, we can even see that context down here, which is pretty nice. Look at the high liquidity here, okay? Sellers at 82 or so that we trade through that area. We trade up into 95 and we come back down and almost back to where they broke out from in this little level right here. Okay, why did they break out from here? They actually broke out a little bit lower here at 80 or so. You can see the swings here, okay? Broke out from that level and we come back. Now this liquidity flipped from the offer to the bid side. Now they wanna be buyers. This is the new understanding of this instrument in terms of pricing, okay? They think it's worth more and we're seeing that in the auction, okay? On the higher timeframe, okay? Now, it's just not possible to do that with a dome, okay? If you're looking at a dome, you're not gonna be able to piece all of that together. So now you can use that dome on much, much higher time frames and for the current and recent timeframe as well. All right, that's just the liquidity and let's go through the other two elements here and why there's advantages to the way that we're displaying this data, okay? And in fact, I'm gonna show a candlestick chart here and then I'll go through it, okay? So in a candlestick and we're all accustomed to looking at a candlestick chart. This is a five minute candlestick chart, okay? Well, there's all sorts of details here that we're completely shut off to. And this is why we don't display a period of data, okay? Because we wanna know really what happened with price. So we're displaying just best bid and offer, okay? And that's it, okay? There's no periodicity here. There's no volume bars or, you know, time, arrange bars, point and figure, whatever it is, we're not displaying it that way. We're displaying it just truly what was the best bid and offer over time and then where did those transactions take place, okay? So for example, looking at this little five minute period in here, okay? Between this candle here and this candle here, well, this is really what happened with price and there's all sorts of details that you just don't have insight to at all. In fact, you'd be looking to short this up here and but we see the buyers started to step in here, okay? So let's see, did they come back here? They spiked into this area here, okay? And we'll probably find those buyers again. No, not quite, not quite, okay? We're still kind of in this range here, so we're just range bound. I was looking for the buyers, well, they did step in here and they did get another move to the upside here, okay? This is where the buyers stepped it up, okay? And we didn't find enough though to trade into our 2700 the figure up here, okay? We came one take away up here, okay? And then this was the attack by those buyers and then here is another attack by those buyers here, just not enough, okay? So we're just in the big range now but this is one of the setups or yeah, it's a setup looking at precise volume data and context with the buyers and sellers in the book. We understand that they're willing to buy here and push it higher. Now, if they're gonna support it, they should be buyers back down here again. And we did find some, okay? And we did get another attack up here, just not enough to get up into 2700. And that's what we're just looking at, right? Yeah, that's where they pulled here at 99, okay? So anyway, let's see if we can, those buyers and bulls can step back in here. Might have to go a little bit lower to find the bulls, all right? So anyway, that's the kind of detail that you just can't see in the candlestick, okay? It's understanding some of these price structures and then also the volume it traded on those structures, okay? So let's zoom in and I just wanna show these other two elements on the book map chart so it's clear because it's very, very simple data. It's not complex at all. It's much simpler than understanding that concept of a candlestick, okay? So let's just bring up the dot size a little bit and we'll continue to zoom in here, okay? So here, this red line here is the historical best offer and the green line is the best bid, okay? About as simple as it can get in the market. And then we see these transactions, these dots, okay? So let's zoom into a little area here and into this little area here looks pretty good. See these green dots here? Well, these are buyers. They're taking liquidity off of the best offer and that's just how the market works. If someone's offering at a specific level and you hit the market buy button, you're not providing liquidity, you just want in the market and you have to pay up for it. You pay up the spread and you'll get filled here by whoever is willing to sell to you, okay? So that's what the green dot is. The red dot is the opposite. These are market sell orders. Let's zoom into this area here because I wanna show you the details that we're displaying very precisely here in the, well, not only the liquidity heat map but also in the volume here. So we're displaying every single market event that took place, okay? And this is really what occurred at these levels and we're looking at microsecond level here. We can continue to zoom into nanosecond level, okay? And look at billions of seconds instead of millions of seconds here, all right? So I just wanna show you that very, very precisely recorded, okay? We came from that HFT quant environment. Now, when we zoom out though, look what we've done, okay? We've made it useful by understanding the volume clusters in a bigger dot, okay? And in fact, this one's probably a bit better for that. Yeah, so when you zoom back out, we visually aggregate that into a bigger dot in a bigger cluster and we give you the overall shape of it here. So for example, if I hover over this dot, I can see this was for a volume of 50, okay? Now, and you can see that is a majority of it's buying but there's buying and selling in here. That's why it's in this pie display, okay? Let's zoom back in again, okay? See, note how when we zoom back in, we've separated out because we're zoomed in, we can see precisely what occurred there and that's what we're displaying here, okay? So you can still use this data tip tool and it gives you the date, the very precise timestamp here. What was on the ask at this point and then what this volume represents here, okay? Or you can check out the volume, I'm sorry, the liquidity up above and again, very precise date or timestamp and then what was on the ask here, okay? And you can see that this is, there was 333 contracts here and then they boosted it up to 343. So only 10, but you can see the difference here in the heat map, all right? Now that heat map also changes when we start to zoom out, okay? It's giving you overall reference to the liquidity here compared to what's in our viewable range, okay? Wherever there's very, very high liquidity, that's gonna be painted red or orange up here in the scale and then you have yellow is next and then less liquidity is white and then blue is less and then the least is black, okay? And you can change that heat map as you saw, I did earlier, okay, to meet whatever you're looking at, you know, for your timeframe of trading, okay? Let's take the candlestick chart off. All right, well, let's see what occurred here. Well, we just didn't find enough bulls, right? To come up and test this 2700, it remains untested, okay, now we're probably fine enough down here for buyers to start to step in after they pretty much stop everybody out and let's see if they can remount that attack back up into the range here and then back to the other side of the range to that high liquidity, okay? So that's a scenario here that can play out and we'll see if we get enough buyers to come back into this range, okay? So this is actually one of the setups we look for in the advanced education that we have. In fact, I'm looking for the buyers to step in above this kind of 94 or 95 area here on size. I need to see some size here from those buyers. Then we have pretty high probability of trading up to the other side of the range here, okay? And right now, we just don't see them, okay? Sellers are in control at this point here, 94 and three quarters on the way down, okay? So we have not found enough buyers yet. Anyway, that's just some of the basics here in the order flow. Let's see if the sellers can trade it into this kind of 90 area down here and then that might be enough to find the buyers down here to move it back up into the range, okay? We'll see. Anyway, we'll wrap it up. We'll call it a day here and if you're signed up for the advanced education webinars we'll see you over there in just a minute.