 Okay welcome to the bookmap webinar. We're going to go through the platform details and we've done things a little differently now and let me go through the risk disclaimer and then I'll get into some of these details. Trading equities and futures involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. More information you can find at bookmap.com become a member there and you have access to free resources and then you can reach out to us at support at bookmap.com. Here's where you can get more information just at our website and click on explore here. Here's the free webinar link as well. That's for this webinar and then members you can sign in here. So let's explore and let's click on the pricing. So I just want to show you where you can find bookmap if you want to give it a try. Okay there are two versions basic and advanced. Okay now these basic and advanced here with the DX feed these it's a package deal. Okay you can get DX feed with the basic and advanced over here as well. It's just not a package. Okay so it's 49 per month or 99 per month for the advanced. They are both billed quarterly and you get a 14-day trial period. So try it out see if it's something that works for you. If it doesn't it's really risk-free. You've invested maybe a little time in understanding and hopefully get a great understanding of order flow and that's that. So the differences between the two are the add-ons and the ability to trade right from the bookmap chart. Okay so all of these add-ons very powerful and I'll demo those for you. Okay good morning Francisco. Okay so that's bookmap and the bookmap portal here if you click on this link if you're once you become a member you can view the features and components here and then there's the education here. All the videos are here however you can also just simply subscribe or follow us on Twitter. Alright and then you can access all of the webinars here on the YouTube page. Okay so you'll see the there's an intro video here a little further down all the features and components are all in this playlist. Okay order flow video snippets these go through in very concise but they're detailed enough. I think they're very well detailed going over phenomena that we witness in in the order flow that other software packages really they don't give you those details and they're not able to visualize this type of phenomena and and how this can help your trading here. Okay the bookmap education course is down below that and then all the recorded webinars are here. Okay and here's a professional trader veteran for I don't know how long he has been trading but quite a long time and he is excellent so if you want to see another trader professional trader using bookmap this is the place to to check it out. Okay all right let's see. Okay so the new this is the new details here for the for the webinars okay so there's two webinars now there's one at 10.30 which is this one and Monday through Friday and we're going to go through the bookmap basics the advantages what is displaying for you so you can understand what it is and then how to begin using it and reading it by understanding the the order flow and then answer all of your questions. Okay so you can just register once and this is open to all. Okay now the the second webinar is here and this is the bookmap live order flow advanced analysis and this one is for those that are currently in trial or current customers so they're going to have more detailed questions and we're going to go over that so we're going to go through more advanced phenomena here in bookmap and how to read it and how to integrate that into your trading. Okay this is going to allow you to really optimize your trade entries exits and trade management and we'll have a more detailed Q&A session as well okay so you know we're making a distinction between the two because a lot of the a lot of the traders out there are looking for more information how to integrate a bookmap into their trading okay and and we're going to do that so this is that's the structure you're welcome to if you are a current customer or in trial you're welcome to attend both okay anyway that's that's the new structure okay so let's jump in here and take a look at bookmap and again you know this these sessions are for you guys so ask away any questions that you have happy to go through this okay let's see Andreas is this your own platform okay so you want you're looking for there is a web version as well it's through trade of eight if you're interested you might want to reach out to them and it doesn't it's not the let's put it this way there are there's a distinction between the two versions the the bookmap desktop version is you know it's gonna have other details in here and features that the the bookmap web does not have all right and yeah reach reach out to trade of eight I think that would be the way to go trade of eight calm I can put the link in here just a minute okay I'll put it in chat there you go okay all right okay so let's get into it here we'll take a look at the ES yeah why not I mean we'll take a look at the ES it's you know it's summertime and the it's you know the ES really kind of it's so thick in liquidity that sometimes we're like last week we're looking at oil or the NASDAQ NASDAQ's been on fire so you know we maybe we'll take a look at some of those other markets as well but I'll just start with the ES most of us are very familiar with the ES absolutely Andreas it works on Ninja Trader 7 and or 8 as you prefer okay so you can you can connect bookmap directly through the API and Ninja or we're just a platform just like Ninja so if you have a data feed from any of the supported data providers that we have and I can show you that list okay and this is important so that's why I'm going over this the connectivity okay stage five cqg rhythmic gain capital Ninja Trader 7 and or 8 this goes through the API of the of the Ninja platform it also is the same thing with TT okay trading technologies here X Trader it's for X Trader only though alright X Trader Pro so it bookmap will go through the API of TT X Trader okay or you can connect directly through all the rest of them here like IQ feed interactive brokers also goes through the API Trader 8 is the web-based transact features and then the dev experts and NASDAQ this is with the new bookmap for equities okay and that's what this DX feed is all about here so if you want to access equities you can alright okay you will need to subscribe to that now we're not the data provider but we have a partnership with them okay okay see another question Scott you having some problems with Ninja Trader locked up repeatedly okay Scott who are you connecting through is it you know through the Ninja brokerage or is it through another data provider if it's Ninja brokerage it's probably cqg top stack rhythmic oh well fantastic okay rhythmic offers two data feeds simultaneously or the same data feed that is accessible by two different platforms so you can just open up your your your bookmap and input your credentials for your rhythmic directly into bookmap and and have that running up and running separate from Ninja Trader there's no need to have your Ninja Trader up okay you can but it looks like you're having a few few issues at the moment with that with Ninja Trader okay so give that a try Scott so like I said we're just like any other platform just input your rhythmic credentials right there or your top step rhythmic okay yeah I mean however you want to open your Ninja Trader and access whatever it is I'm just saying that you you'll be able to access bookmap without Ninja so if you're having issues with Ninja you can still get bookmap going all right okay all right good question now and okay let's go over some of the details in the platform here okay what are you looking at here in bookmap now for a lot of people this looks very foreign and we're going to start off looking at something that we're all very accustomed to okay and indicators too this is an add-on indicator here this number right I'll go over that later okay right so what I'm looking at here is a five minute candlestick chart in bookmap okay and we also have a sub sub chart here of volume okay now most of us are very accustomed to looking at this this kind of chart okay this is a five minute period open high low close and and you can start to you know start to understand the pressure the speed of price within a candlestick chart and you know that's good however there are many issues here with a candlestick chart there the transparency to data here is very very limited we don't know many different things here by looking at a candlestick chart and we're making financial decisions based on limited data I mean it's really only 5% of the data here that you're accessing in in a candlestick chart open high low close of a specific time period that's it so we want a lot more information that can give us much more informed make us allow us much more informed trading decisions okay much more informed so the problem here let's just start with volume you know we don't even know where the volume took place on this candlestick okay within this five minute period where the traders committing themselves we just we don't know okay we have our sub chart here and that's helpful but still it just gives us the the volume it doesn't tell us what type actually book map does tell you what type by the we make a distinction here between the aggressor in the sub chart and we're also showing where it took place within this period not exactly on the candlestick but let me continue on so we want to know where the traders are committed okay where is the volume on this candlestick for example and you know what what type of volume how did it unfold we're going to gain insight by layering on more more information here in book map okay so we solve this problem here by first I'm just going to show you the historical best bid and offer okay and this is already giving us some insight okay I can also I can see a little double bottom right here in this five minute five minute chart so we have a little bit of microstructure here that is being displayed okay and this we're just unfolding the tip of the iceberg here no no pun intended on that truly but the we can also see the speed here of how quickly this went down and and then we had a little sideways action a little bit of a bounce okay so now let's turn on the volume okay and let me bring down the dot size a little bit let's go to the default I'll just bring it down here okay there we go okay so now we're starting to understand a lot more look at the volume that traded here okay the majority of the volume traded at the low of this candlestick okay this is already giving us a lot of insight just by knowing that piece of knowledge and because once you start to understand order flow in a trend you're going to be you're going to see a lot more of the volume trading at the lower lows okay and that's exactly what has unfolded here and we can see the up in here in the in the lower highs very little volume trading and that's very indicative of order flow within a trend okay anyway let me continue on with the the candlestick here and let's just look at this five minute period okay so now I've broken it down each vertical dotted line here is a minute we can put a minute chart on here candlestick chart but let's just look at the five minutes and now we can start to understand really what unfolded here within this price action okay so obviously the down candle we opened here we had a little bump to the high okay I mean just a tick or two and then it sold off hard okay look at the volume here okay we see there's buying and selling here okay and that's the pie display we give you the overall Delta of the aggressor okay red is an aggressive market sell green is an aggressive market buy okay as I zoom in I can start to pull apart all of this trading activity and I can I can see exactly what traded here okay so like this big dot here well let me show you what is really comprised of this is this is like your horizontal time and sales going by you're going to see a flurry of activity and I can we can use the rollover tip tool tip here to show exactly what volume it was we have the date the time what was on the ask at this price and then the volume at this price level okay and we can see that this is 283 trades all right I'm sorry not 283 trades for a volume of 283 okay all right now as I zoom back out you can see how we just are visually aggregating that data okay and that's an advantage here because you're able to use and digest this information now all right okay so and and you get the overall Delta here right so now you're starting to understand the volume here of what took place within this period and that's a lot more insight we've broken apart this candle and we're telling you we're showing you exactly what unfolded right and it's it's this kind of detail here in the microstructure that where the problem in candlestick is really apparent you know book map captures it all okay even even a footprint chart you're gonna miss some of some of this activity here you're not gonna see the microstructure and the reason being is that your footprint chart is gonna be either time-based or it's gonna be a rotation-based model okay and you know if there's not enough rotation here well it's just gonna aggregate all of this data into you know buying and selling and you're just gonna see big numbers down here okay but we can see this nice little retest look at the exhaustion here and these little points here and complete exhaustion down here okay or no I'm sorry some some did trade 18 contracts rated down here okay but one take above we have almost 900 trade okay so you're getting some exhaustion exhaustion in some of these areas here right and hence the bounce okay so anyway that's the candlesticks and the volume now we have all that volume data okay and we've solved that issue for you okay now what about the other areas around the chart here the other side of the order flow the transactions is an important part but where are they bidding where are they offering where are they getting filled and that data is not here what we have traditionally done is gone to the dome to look for that and when we can see our levels of liquidity here in our depth of market okay these are traders here lined up to trade at these specific price levels and provide liquidity with their limit orders okay this is your depth and this is the bookmap dome okay here's your depth on the offer and your depth on the bid okay this is the current market state now there's a problem with the current market state here although that's very insightful as soon as these numbers change it it's gone that data is now gone right we don't have any kind of historical recording of this data here so you're gonna have to remember areas of high liquidity areas around it how are they behaving are they pulling are they adding how aggressive are they what about on the offer at the same time that's a lot to comprehend and and trade off of the dome okay well a book map has solved that issue here by recording it okay and it's in the heat map okay so now I've turned on the heat map and this is the current market here okay this is the best bid and offer here your last traded volume here but you'll notice that the heat map changes in here okay that is reflected with the change in the liquidity okay so very bright areas are going to be high liquidity okay and it's a grayscale so if it's a little if it's less bright it's a lower liquidity okay now you can adjust for that using your contrast configurations here and and and look for and you can adjust it all sorts of ways right and you can look at very subtle details here in the liquidity if you like okay personally and the way that we've gone through it here and most of the professional traders out there are interested in that longer term liquidity and high liquidity okay not the details I want to see some details to understand what's going on pressing price a flip of the book Francisco loves the flip of the book so for example you can see a bit of a flip here they were on the on the bid and now they flipped over to the offer here okay pretty pretty powerful stuff to understand how the liquidity is behaving all right and here welcome Francisco yes I mean you know this is this is what is the current market state here okay but but this is how they behave previously now we have that record now we can start to gauge their intent to trade at these areas okay they were here earlier are they still here and for the moment at 2465 they are 1600 contracts here okay 1600 contracts on the other side up here at 68 and a half and we are channeling between those two areas right now of high liquidity okay so although we start trending down here and we're and look at the break down here was just one tick okay we still there's still a slant to the downside okay however the it looks like we want to channel here for a bit and but we'll see we'll see if all the sudden sellers start to jump in here and they'll get it we'll see a skew in the auction the auction part here okay the offers they're gonna lower the offers and get aggressive they're starting to do that here at 67 and a quarter okay let's see if they we get some more of that and we let's see if they start to hit the bid pretty hard with the aggressive sell orders okay if they do we're gonna test 65 alright so that's what the heat map is showing you and now you have that graphical representation of the liquidity and now you're looking at a very very transparent market here we have all of the data and we can start to understand and gauge their behavior so let's take a look at well we're just coming down and testing this here so I want to see this test and maybe I can zoom in a little bit here and get both look at the liquidity down here okay the they they were providing high liquidity and then they pulled okay so these guys don't really want to trade in this area that is insightful we yet we understand that they're not too interested in trading here in fact look at the behavior they start to pull that liquidity and now they're off or bidding down here about a full point lower that's pretty bearish okay it is high liquidity here but you can see that you know understand this behavior here and start to anticipate a test of this area because of the bearish activity right and we're we're just shy of it here okay we came one tick away from it and we can start to gauge their their behavior here now too it's still kind of bearish although this is high liquidity what about the areas around it okay we can see that there's really they're starting to pull that liquidity when it's one tick away and they're starting to add lower okay and that's really not showing the intent to trade here at 65 I mean it's less so than lower alright so what if that you know behavior was different what if they not only had high liquidity here they added even more as price was coming down and what if they started to build out this area here it not down below it but above it now it show pretty pretty bullish behavior on the bid okay so anyway now we're starting to get a context of the auction and starting to understand it okay now the sellers here although the although the buyers here were we're showing kind of this bearish behavior we can see that the sellers didn't take them on okay and that's where we were pointing it out earlier kind of getting exhaustive down here I mean look at the the trading that took place here it's a 160 contracts compared to 2,000 just one tick above okay so we're still kind of channeling here it's kind of feeling these these areas out right now okay alright so that's what you're looking at a book map and the understand starting to put the context together of the order flow the transactions and in the auction the intent to trade at these areas and that's truly what makes up the market okay it's the it's where they're bidding and offering and then where they're actually you know taking taking part in the market and engaging with their transactions okay and we have it all here displayed for you okay so anyway let's let's wrap it up here the the next webinar is going to start in just a little bit for the people in in trial right now and and also current current users okay so yeah if if you guys are interested then give the trial a shot and we'll go through the and further the education in the you know the webinar series for for those in the in the trial okay what's the cost of book map Andrew yeah it's right here okay 49 per month for the basic 99 per month for the advanced and you get it for a three month period okay yeah we're not a data provider Peter you will have to have your own data provider unless you're just interested in the equities we don't provide the data but we have a partnership here all right okay okay guys we'll wrap it up and we will catch up with you tomorrow okay thanks