 All right, so we'll go through the platform details here, risk disclaimer, trading equities and futures involves substantial risk of loss, is not suitable for all investors, past performance is not indicative of future results. For you new traders, new to book map that is, find out more information here at bookmap.com. Become a member there, there's a free trial and then you'll have access to a lot of the resources and then reach out to us at support at bookmap.com. So here's bookmap.com, click on explore and I would recommend watching these first three videos here, they're very short, just gives you an overview of what bookmap is and then let's click here to connectivity. You will need, if you're going to use bookmap, you will need a data provider and this is how bookmap connects, stage five, CQG, Rhythmic, gain capital through the API and Ninja Trader API and TT Trader or Trading Technologies, also in the API and Interactive Brokers. All the rest here, we're just like a platform like anyone else, not through any API, just through the data feed. We also have access to US equities through dev experts and NASDAQ. So scroll down a little bit further, here's where you can find bookmap, there's only two versions, the basic and advanced, 49 per month, 99 per month, they're billed quarterly. Now the other two versions that you see over here, they include that DX feed now is for US equities only and it's a package deal. So if you're interested in that, then go for the package deal. You can still get DX feed for US equities for the basic and advanced over here, it just won't be packaged. The difference between the basic and advanced is the ability to trade right from the chart in bookmap and also the add-ons here, large lot tracker, volume and balance, token balance, iceberg detector, so these are indicator add-ons that are much more geared for order flow, not your traditional type of indicator add-ons. So bookmap is a platform, it is not some sort of indicator or derivative of price. Some of these are that derivative of price, time and volume or something else. So those are the two different versions, you get a 14 day trial period for both of them or you choose one and you'll get that 14 day trial period. So you can follow us on Twitter here as well and then you can subscribe to our YouTube channel in any updated or new videos, they'll be uploaded here and you'll have access to all of those. So for those of you who are new, I recommend going through the features and components here, watch the two minute intro videos here and then once you have an understanding of what bookmap is mechanically, what the software package is, then watch just a few of these order flow video snippets, it's really how to use bookmap, what bookmap is showing you, how it is its ability here to transparently see a lot of the market activity and then how to start utilizing that, how to spot it and then how to start utilizing it. So in fact we have two different webinars, this webinar that you're in right now is for everybody, it's open to all. The webinar that we'll have in about 25 minutes is for bookmap users, those that are in trial or those that are current customers and we'll go through much more in those webinars, we go through live order flow advanced analysis and the reason is for those of you who are new here and you want to get a feel for what bookmap is just the software and we're going to go through a little bit of the order flow in the live market but a little bit later. We want to just get through what bookmap is showing you and some of the capabilities and features and components. You can also see we have an educational course and then all of the recorded webinars are here for the platform details. So let's jump into bookmap and we just had the, as you can see here, some volatility in oil, we had the inventories just released here at 1030 and you can see the back and forth here. Now I'll cover this a little bit later here but I'll just say in general, this is the kind of transparency you're going to see in bookmap. This is an economic release at a specific time. Look where the liquidity is. It's really nothing too much of a surprise. Liquidity here at 48, the figure at 48. Look at the liquidity, that's on the offer. Look at where the liquidity is here on the bid. Actually, it's a little higher at 47.55 but also at the half number here at 47.50. Look where the price went on both sides, right to it, right to the liquidity. This is how the markets operate. They need liquidity to trade and they search for it. During these volatile periods, there is a lack of liquidity and the market goes to exactly where that liquidity is because that's where it can trade. And we see a really nice example of it here on both sides. So pretty picture here and I'll get more into the details of this a little bit later but let's start to go through just the basics here and what you're looking at in bookmap. Now we have an indicator panel here and but I'm going to close that and we're just going to go through the basics. So let me start here by putting up a candlestick chart because most of us are very familiar with that and I'm going to take off all of these other layers of data and let's zoom out a little bit. What are we looking at now here in bookmap? We're looking at a five-minute candlestick chart. Between each vertical dotted line here is 15 minutes of data and then each candlestick is five minutes. So one, two, three, that's 15 minutes of data and there you go. So now since we're all very familiar with the candlestick it's open, high, low, closed and you can see you start to understand buying pressure with Wix or speed with some of the bodies etc. Now at best it's really kind of mysterious to understand and it's kind of an art form to to read some of these candles. We're making financial decisions based on open, high, low, closed of a five-minute period and that's it. We really don't have a lot of data to go on. This is a problem with candlestick charts and this is where bookmap solves that issue. So we're going to show you exactly where the volume traded or where it took place and then we're going to show you the auction that it was showing you earlier up at 48 and then that 4750 here. So let's start to add on some of the a little bit more information. Now all I'm adding on now is on top of the behind the candlestick chart here is the historical best bid and offer. That's it. Just best bid and offer. The historical best offer is red and the historical best bid is green. So we're already getting a little more information that the candlestick chart is lacking. We're starting to see within some of these areas some structure, some microstructure in price, this little back and forth here, which is lacking in the candlestick chart. And that's good. We're going to now put volume on here because the candlestick chart doesn't show us the volume. We see a volume in a subchart here and that's good. It's helpful but we don't know where the volume took place on the candlestick. What type of volume it was? Was it aggressive selling or was it aggressive buying? And that's going to give a lot of insight. There's going to be a lot of trap traders in some of these areas and you'll understand that by looking at the traded volume. And then we want to know how much and we'll look at the size of the volume dots here that I'm going to turn on. So let's turn on the volume dots. Now we have an understanding of where the volume took place. So fundamental release here, economic release, very little traded on the way up. Let's just look at this. Spreads widen out and look where first trade that I have took place right around here and then here. And it's just aggressive buying. Who knows where they were? I mean they're getting filled here but they click the buy button down here and they're going to have price move against them. They're going to be paying big spreads but anyway because there's no liquidity people are pulling liquidity. So now we have the understanding and let's look at for example this little area here. This is going to be kind of wild to follow here but we see the aggressive move down here. Look at all the selling here. The red is selling. The green is buying. Let me zoom into this area and show you exactly what I mean because as I zoom in note how we are starting to pull apart not only the timeline but then we're starting to see the details in the trading activity. So that one big dot that was a pie display like this right here is now broken into every single element. We'll continue. I'll show you what I mean. We'll zoom in here and we will watch and we will see how every single we're down at millisecond level here and we can continue further. We can go to nanosecond level if we want. We can see now we're at that microsecond level and we can continue on. And now we're down at nanosecond level. So anyway you can see that it's basically unlimited zoom and we can see this kind of selling activity here that took place on the historical best bid. The red dot is an aggressive market sell. Someone hit the market sell button. They paid up the spread. They crossed the spread here, paid up and they took liquidity off of the best bid. That's an aggressive sell. Now here's your aggressive buying over here. It's a green dot. They paid up the spread. They took liquidity off of the best offer and a green dot and transaction occurred. Nadim let's see here. Do I need a platform to run this like Ninja? No we are a platform you just need a data provider. Good morning Darcy. Good to see you in here Darcy. I like that you are a current bookmap user but you're coming to these to ask questions regarding the platform. So that's excellent. So and then we'll go through the advanced analysis in the webinar coming up in about 15 minutes. Let's see. Nadim let me go through this. Again just click on connectivity here and this is how you connect a bookmap. So you can see the you just need a connection. So you know I don't know who your broker is. Ask if they have Rhythmic, CQG. If you're with stage 5 trading they are a brokerage then they offer all of those as well. You can get CQG, you can get Rhythmic or you can get Gain Capital as well or I believe IQ Feed too. So you know talk to your broker and see how you're connecting. If you are with another broker you know maybe they use only transact data. So it's really really up to you but that's what you need. So you're through thinkorswim. Unfortunately we do not connect through thinkorswim. So you will need a data provider. Probably I would recommend doing a demo maybe with a broker and then call up and see. You can reach out for example to stage 5 and just let them know that you'd like a demo and then just take it from there. You're welcome. So that's why we offer that 14-day trial period. So it's free. You can check it out and see if this is something that works for you. Let's see here. Lots of questions. Good. So let me continue on with the questions here since we're kind of on a roll. Darcy you will need 6.1 if you want to use the DX Feed. Yeah I understand what you're asking or saying there Francisco. You see these trapped traders here and these with this volatility. Scott, good morning Scott. Yeah absolutely you need a data provider. We're not a brokerage. We're not a data provider. We're just a platform. We're a software platform. But you're using Rhythmic aren't you? I mean we connected you last night. Yeah. Yeah no you're all set. So you already have your data provider. Okay. Let's see here. Continue on. Market maker I'm going to ask you to please reach out to us at support at bookmap.com regarding your requests there. Okay. Happy to talk to you about that. All right. Does Interactive Brokers give you futures and stock data? It does give you futures data Glenn. But it will not the the equities will it book map will not connect to the equities. Okay it only connects we only connect equities here right now currently with the dev experts DX Feed. Okay and what you're getting there is NASDAQ Total View and NASDAQ Last Sale. Okay and it covers basically all the equities. So and the feed is excellent. It is you know I can show it to you. But it is you know let me let me show you the quality since Darcy was asking as well. Let's take a look at I will take a look at Apple let's say. All right so here in Apple look at the the book here. We have complete depth of market. All of this here is not I mean this is your level two data here but it's all live. All right this is a really nice advantage. It's also you know very very accurate and it is yeah we haven't had any problems whatsoever. It's been been fantastic. Look at how you know have with total depth look how you can see here the liquidity areas that act as targets. Okay that longer term liquidity as soon as 930 open you can see the big traders providing liquidity here. Okay and that's where you can see the market pinged right to those areas. So it's really insightful stuff to see what the equities are I really like it. Anyway let me you know head back here and get a little more we're still just trying to cover the volume here but I haven't gotten to the liquidity yet and then I wanted to try to squeeze in that economic release at 1030 in oil. But you got to finish up here with your questions let's see a person can know yeah Scott so for example Scott's you know saying that you know someone can you can contact someone like AMP or S5 or whomever and open an account for $500 and then use that as your data feed and you can trade through them or you know maybe just you want to use that as your data feed and then you still want to keep money or some of your money at thinkorswim and trade through there. All right so that's a possibility other possibilities is just is just get a data feed you know call up Rhythmic call up CQG or you know another one is IQ feed you can get that they're not a broker at all they're just a data provider IQ feed. Okay let's see could you explain front-running iceberg or spoofing other price manipulations yes absolutely no Darcy if you're using CQG you're fine no no issues you with DX feed you'll have multiple connectivity okay you'll you'll like like I am right now okay I'm connected to Rhythmic for futures as you can see here and then I'm connected to DX feed and you can see my connections here right so I have multiple connectivity I have Rhythmic and I also have DX feed okay all right good okay I think I covered all the questions there except for market makers regarding all the front-running spoofing etc okay that's a little more in depth happy to go through it we go through it in the advanced you know analysis webinar every day showing all that stuff so let me try to get to that market maker let me start here with just the the basics though and then let's move on okay so the volume we can see the volume dots now just like a footprint chart you can understand where the volume took place how much what type but the the beauty here is that it's not aggregated you can see the microstructure that this is what you're going to miss with your footprint chart okay it's just going to go back and forth and aggregate within a time period or you know a candle rotation or you know something like that you're going to miss all the structure okay this is a really big advantage because look this is what we cover in the advanced webinar look at the structure here look how this this area right here let me draw a line is broken okay and once that is broken look where we've been testing and rejecting and you know so far we're trading above all of this area here okay this is your trap volume down here okay we continue to come down into these areas but we we reject all right so you're getting a lot of insight there all right um so that's the traded volume now let's move on to the auction part okay so you know this kind of level of of insight with the volume that alone is is fantastic but now we're going to show you the the other side of order flow and that is the attempt to trade in the auction okay now usually the way we do that is through the dome okay and these columns over here these are are the this is the dome column right here okay the cob column it stands for current order book okay so in this window here this is also current market okay it's just the graphical representation of the current market so you see here best bid and offer currently last traded volume is this number and then you see best bid and offer here in the current order book column okay and then here's our depth on the on the offer and our depth on the bid these are traders lining up with limit orders providing liquidity at these price levels all right so now these numbers you can see that they're changing all the time okay they're adding and pulling liquidity all right and this is it's really insightful for a current in the current market to see these areas you can see the the liquidity wow nice nice move to the upside there okay so I mean you know these guys here are going to be they're going to be covering right where they're going to be covering probably above some of these swings and there we go I would look for a retest of up in this swing as well and maybe we're going to charge up to 48 as well anyway let me continue on here knowing the liquidity is an excellent aspect here in a current order book it's really good to target some of these areas and understand where traders are lining up to trade because as we saw earlier that's exactly where we go is where the liquidity is so we want to we want to understand that in the order book now the problem with the with a dome is that once these numbers change that data is lost it's not recorded okay so that's a problem now you're going to have to remember those areas you're going to have to remember what about the areas around it were they adding and pulling how are they behaving in front of and this gets to your question market maker the areas in front of the high liquidity there okay were they front running it were they starting to add in before it trying to get in before these guys that shows a aggressive action okay in the in the auction and it can be really insightful now let's turn on the heat map because this is where book map solves that issue of recording the data okay so that what we're showing here now is the graphical representation of high liquidity in the limit order book okay so up here 173 contracts up here just below 48 we see 353 contracts okay and these areas are painted bright white okay because they're the highest areas of liquidity so it's a heat map in this live market window here okay we also see high high liquidity starting to come in here around 71 72 okay all right so now we have that insight now where this gets interesting is this graphical representation here in the heat map is recorded and projected onto the chart right so look at these striations here and the liquidity okay now we can use this rollover tool and we we can know exactly what occurred here okay we had 151 contracts 149 then they pulled down to 135 and then added back in back to 153 etc okay you can also hover over the volume dots and you get that information as well you get the date the time what was on the bid and the volume of that specific thought all right so for those that like that numeric output we've got it all there for you all right so now with the heat map though we can understand these areas in the intent to trade in some of these areas okay they were here showing some interest as price is starting to come down okay at 72 here and then or 73 72 and then and then they started to pull away okay and now they're coming back in showing again interest here right so this is interesting to to watch and they want to be buyers okay so the intent to trade in this is it's not the greatest example but we'd like to see you know levels many levels of liquidity here that really shows the intent to trade and then market maker what if they start to show higher liquidity in front of some of these other areas here well that's showing really bullish activity they want to front run that high liquidity they want to make sure that they get in and we're not seeing that right now right and look they're actually pulling to lower levels right now so this is kind of bearish in a sense and it's only one level of price okay so this is what we go over in the advanced analysis and start to understand the intent to trade and putting it together with the transactions that have occurred in the tape as well okay the traded volume and we put these two together and we get a complete picture of that order flow all right okay where do we go here let's just take a look I'm curious yeah okay so we just went above knocked out some of the stops up here as you can see I was alluding to earlier and then we've kind of traded right back down into the range okay all right guys well let's see market maker if you are interested in or any of you interested in some of the more advanced let's see here I'll give you guys a sneak peek on Friday to the advanced webinar else you know continue on here answer your all answer your questions and then we will um if you want to give it a trial a free trial period then I can answer your questions also in the advanced analysis all right so I'm up up to you but I just want to keep it clean I'm not going to go over what I've just covered here and in the advanced analysis we're going to we're going to look at a lot more stuff okay and that's the intent of this to the two webinars okay all right guys let's uh let's call it a day uh and uh we'll catch up with you tomorrow okay bye bye