 Okay, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap. Risk disclaimer, trading equities and futures involves a substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. More information can be attained at bookmap.com. There is a free 14-day trial of the product. It also comes with education. So you get Bookmap for 14 days. You get the access to the Bookmap Educational Course. And then you also get access to the live order flow advanced analysis webinars that follow this webinar at 11 a.m. Okay, the advanced order flow webinars, they look at the live market. And we look at the details that are supported here in the educational course. So learn from the course and then follow up and see it in the live markets. That's the concept here. It's not available for those that are not in trial or current customers because this is a webinar to go through what the platform is, what it's showing you, how to use it, more about the user interface and the data that it is displaying. Then we get into really how to apply that and understand the order flow and start starting to use that within your trading in the advanced order flow webinars. More information support at bookmap.com. Then let's go to bookmap.com. And just a quick review of the website. There's an intro video here, a couple minutes long, some more info here about Bookmap, some testimonials. There is Bookmap for equities with NASDAQ TotalView from DXFeed if you are interested in that. If you are, let me know because we can take a look at some equities. I have some loaded and connectivity. So this is important. You will need to be able to connect Bookmap to the live markets via one of these data providers. We are a software platform, not a data provider. So you'll see, though, that there are actually a few software platforms as well here, like Ninja Trader, TTX Trader Pro, and Interactive Brokers Workstation. So we connect also via the API of those three platforms. So that's another way of connecting as well. However, we are a platform. So you can just connect directly with Rhythmic, CQG Gain, IQ Feed, Transact, et cetera, or Dev Experts for the US equities. And soon we'll have the cryptocurrencies. So that's going to be in the new release that comes out in mid-January. Here's where you can find that free trial. It's under a free trial link here. And there is the basic, advanced, and quant different features here. So really, there's only one version of Bookmap. It's BookmapBasic. It's $49 per month, and it's billed quarterly. And you can see the advanced version here with additional features. It costs $99 per month and it's billed quarterly. With this one, you get the one-click trading. So you can trade right from the Bookmap chart. This is an advantage because you have the liquidity map in front of you. So you can really optimize entries, exits, and trade management through the one-click trading add-on feature. So you can hide your stops, your stop losses behind areas of high liquidity, for example. And you can front-run high liquidity to try to guarantee or look for a higher probability of getting filled on your entry. That would be rather difficult to see with some of the aggregated charting platforms out there. There's some volume and balance and book and balance indicators here. These are all proprietary indicators that we've put together for this advanced version. And we also start to identify not only the high areas of liquidity, but the specific players at those levels. So a large lot tracker, it identifies key players that are holding a massive amount of liquidity at specific price levels. Or the iceberg detector, when you'll start to see maybe absorption start to occur at a level. But you can see that in the limit order book, there's very few contracts. In fact, more is trading than what is at that level. So that's an impossibility. But you can't sell more than what is on the offer. But you actually can in these markets using an iceberg order or hidden order. So our algo will detect that and then plot that onto the chart. Let me know if you have any questions, happy to go over any of that. And we also have a correlation tracker here, looking at different markets. And we utilized that pretty nicely the other day in crude oil, looking at Arbaub, which was great. Now, you'll have specific needs. Had a lot of QANTS contacting us recently. So they'll have one to connect to their own data, do their own studies, have their own proprietary indicators, et cetera. Whatever your needs are, just click here. And we'll help you out and meet your needs. Now, if you're new to futures and you need a data feed as well, well, you can click here and get a trial for 14 days for a data feed through a variety of different providers. And there's a complete chart feature list here that you can look at all of the different features. So just click on that and show you here. So the difference is between basic, advanced, and QANTS. It's going to be more down at the end of the document here. You can follow us here on Twitter at bookmap underscore pro to get up-to-date information and retweets, other users, et cetera. Join the community there. And then you can subscribe to our YouTube page. And when new videos are uploaded, you can access them here. If you're new here, I would suggest going through some of the intro videos. And then watch some of the features and component videos here to understand the features and what bookmap is. And then these order flow video snippets, I think you'll really enjoy these. They're very concise, two to three minute videos that go over what bookmap can display, what you're not seeing with other charting platforms. And you do see it in bookmap. So we go through many different concepts here. All important stuff. And this is what we go through in the live advanced order flow webinars in detail every day. So we point this stuff out and how to recognize it and take advantage of it and trade to or have more insight at those levels for higher probability in your trading. Let's jump into bookmap and take a look here. What we're looking at. So I'm just going to actually take a step back and look at some of the higher time frame charts here. We've had a lot of data this week. This is a big week fundamentally. Nice moving crude to the upside. And then looks like, let's go with the NASDAQ because it looks like we're just about to break out of this area here. Let's just take a little bit bigger look here. It looks pretty nice. So we'll stick with the NASDAQ. And nice breakout here you can see at 64.34. Some good stuff to go over here. And so I'll cover this in just a minute. We're already seeing some really nice stuff here in bookmap. So what is this? So let me take a big step back and we're going to go through some of the details. This looks like it's very complex. It's really not. It's actually less complex than a candlestick chart. And there's only three elements here being displayed on the chart. Historical best bid and offer, where the volume traded on the historical best bid and offer with the volume dots. And then the quiddity heat map that you see here, the gray scale. That's just the recording of the dome. We take all of the data from the dome and then plot it onto the chart for you. So now you can see where there was interest in selling up here or buying down here and buying here in some of these areas. So that's it. It's a lot less detailed than understanding a candlestick chart because I'll show you why. So here's a candlestick chart. Now, obviously, it looks very simple and clean. But there is just a lot of opaqueness here. And we don't really have a good understanding of what's going on in the market. Why is that? Well, first off, this candlestick is aggregated for a time period. Even if you're looking at volume or if you're looking at ranko bars, whatever it is, it's still an aggregation. So a five minute candle is only showing you open, high, low, and close of a five minute period. There's going to be all sorts of microstructure within this period here that we don't have any access to. Way Bookmap solves that issue is by turning on the historical best bid and offer. So now that's all I've added here is historical best bid and offer. And already, we're seeing quite a bit of data and information that is lacking here in this candlestick chart. For example, the breakout that occurred right here. Well, actually, look at the candlestick chart. Let me just turn off historical best bid and offer for a moment. Look at the candlestick chart here. This is screaming. Well, not screaming. It would be good to see maybe this be red here on the body. But it looks like there's a tremendous amount of selling pressure here. It looks like this is a false breakout. This is your shooting star. And the way you would trade it is look for a break of maybe the body here. And you did get that here on the next candle. And then you go short. Well, that would be the wrong choice here. So this candlestick is not giving us a good understanding of the microstructure that occurred in here that gives us a lot of insight to this continuation of the movement here to the upside. And then the volume. There's no volume here at all. We don't know where the volume traded within this candlestick. We don't know how much and exactly where and what type. All those questions give a tremendous amount of insight to the anticipated price movement for the future. So the, what was I going to say? Oh, looking at a footprint chart. So even a footprint chart, which is, I like very much, footprint chart that shows the volume that traded on the candlestick. But it's still lacking the microstructure. And that's critical. So with Bookmap, you get that microstructure. So let's go over the open here. Here's our open 930. And you can see the volatility back and forth. And then finally, let's zoom into this area here. This is the kind of microstructure I'm talking about. Look how, and we see this all the time, we actually have a little structure up here. It is broken here. And then we kind of base sideways here. We actually break the low here, but trade back into the range. This is something we look for in the advanced order flow webinars. And we're looking for a return back to the other side of the range and possibly a bigger range, like up to maybe this high or even this high. And you can see we came up to this high and then traded back down. But this is where it gets interesting, is because here we broke above this range here, tested again here, and continued to the upside. So price is accepting above. And we're going to see, and we're going to get the insight here, of really why this continued to the upside when we turn on the volume. And here we go. So this is what occurred here. And I'm going to take the candles. I'll leave it on for the moment. So a lot of sideways action. The volume dots here are showing you the aggressor classification. So red is more selling, or it's a market sell order, or transaction. Green is a market buy. Let's zoom into this area here. And I'm just going to quickly go through that. So this is what we're looking at. Only two items here in Bookmap. We're looking at historical best bid and offer. Best bid is green. Line, best offer is the red. And then we can see these dots here. These dots are trades, the aggressor. A red dot is an aggressive market sell order that hit the bid, and it took liquidity off of the best bid here. The green dots you see over here, these are aggressive market buy orders. They hit the Market Buy button. They crossed the spread, and they took liquidity. They didn't provide it. Took liquidity from those willing to sell at these levels. And a dot is marked here on the chart. Now you can see some of these pie displays in here. Well, there's just so many transactions that took place so quickly that we display the overall. Let me zoom into this, though. And you can see that we just pulled apart that pie display, and we're showing you all of the data that really occurred here, what really happened in this market. We're showing you down to, we're just down at millisecond level here, but we can continue to zoom in. In fact, it looks like there's probably more activity here, so I'm going to zoom into this little area here. And let's see exactly what occurred. So this is what really happened here. Now we're down at millisecond level. We can continue to look at microsecond level, as you can see in the timeline here. But as I zoom back out, note how Bookmap is going to just visually, graphically, consolidate or aggregate all of those trades into a bigger green dot. So we're giving you the overall shape and delta of exactly what occurred there. So zooming in, I can use this data tip tool, and it shows me exactly what traded here. I get the date, the time, what was on the ask at this price level, and the volume that traded. If I zoom back out, I can see it's a bigger dot, and it says it's for volume of 13. So that's what we're showing. We can really show down to billions of seconds, so really sub-second levels in Bookmap. And the overall display here, when you see the pie display, it just means that, for example, up here and here, there's a tremendous amount more buying than there is selling. But there is some selling in these areas. So let's take a look back at our little area here, where we broke from here, retested, and then extended to the upside. So very, very typical. Look at the cluster of volume up here. We have a lot more aggressive buying at a higher area here. This is a key here to understanding. Now we went a little bit higher, and then came back down, but we bounced off of where it broke from here. So we are now accepting above this range here, above this 64, 28 level here. And we rotate back up, and we find more buyers here, and the breakout to the upside. So we know exactly where the volume traded, how much, when, and what type. And we have that within the microstructure, which is what gives us the insight for a lot of these movements and pullbacks, for example, to some of these areas. You're not going to see that in an aggregate view. You're not going to get that pullback like that. You want to see the VWAP Edson. Yeah, the VWAP is this white line here that I have in my volume column. You can see there's two volume columns here, chart range and a session range. So for the chart range, it's always, this volume column here, it depends on your zoom. It's for the chart range that I have here in my book map. So if I zoom in, note how the chart range volume profile reflects the data here of the traded volume that's within my viewable range. So if I zoom out, then you can see it's reflected here as well. OK? So anyway, we see the volume and understand the breakout here. And all this is here, this candlestick pattern here with the nice kind of shooting star here. This is just a pullback. That's all it is. So this candlestick is lying to us here. It's a pullback right to where there's a nice cluster of volume here. On strong breakouts like this, typically what we see on pullbacks is pullbacks to those clusters. In fact, it did that here. The first pullback was right here to this massive volume cluster. And then it came back up and tested the high. But not enough buyers up here to pull it higher. So we rotate back down to where there was another cluster of buying here. And we actually base sideways for a bit, but then the buyer stepped in yet again. Same pattern, same pattern here. Look at the volume cluster above this micro range. That's the kind of insight that we're getting here that's completely aggregated in the candlestick chart. So now there's one more element here. We're going to take the candlesticks off this point. There's one more element of data here. We show historical best bid and offer and the volume. Now we're looking at the heat map. So what is the heat map? Let me define it. It's all derived from the order book. So here's our order book in book map. This is your dome, your depth of market, or the current order book, COB. Here's your price ladder here. And these numbers in the order book, these are showing you levels of liquidity. So there's a lot of liquidity up here at 43. And we're coming right up to it right now. And there's 216 contracts here. And we just traded into it. And you see the transactions that took place here. So that high liquidity, these guys got what they wanted. They wanted to sell at these levels, and they did. And now we can just zoom in here and really understand what's going on. Did it trade or was it pulled? Because a lot of times you'll hear this argument. Well, I don't really care what's in the order book because it's all fake liquidity anyway. Well, here's we're able to really debunk that and look directly at it. And you can see that this is real liquidity. Because look at the transactions here that are taking place right into this high level of liquidity. So in fact, at the last moment here, we can see there's 191 contracts here on the best offer. And primarily, we're even identifying it here with that large lot tracker that more than half of it is one individual actor providing these 191 contracts. And he stayed in the book for the most part. 177 of these traded. And actually, in the end, 191 actually traded, as you can see here with the volume column here. So we know exactly what traded here. And we know that all of that liquidity has been taken. So what are we anticipating after that? Well, there's going to be some more buyers who are able to lift the offer a bit higher because this level had traded. But it also gives us insight that they absorb this. So larger players are starting to absorb now. So when we see that absorption, we're still bullish here. But we are starting to note that there are a lot of players here that are getting filled at these areas. They are providing high liquidity and they are getting filled. So we're still bullish. But we're looking for the returns back up here and understanding if we're going to start to exhaust out on the buy side. And in fact, that might even be happening immediately here because look at these little pullbacks into these areas here. We're not finding any buyers up here to lift the offer up into test some of the higher highs. Now, we just got to pull back to where we just broke from down here in this little micro range. We always kind of anticipate a bit of a bounce here. We are getting that. But we need to see if the buyers are still engaged here. And we want to see if there's more aggressive buying that's going to pull the market up into these higher levels of liquidity up here. And right now, we're not getting that. In fact, sellers are taking control. Target would be down here on the bid at 38. Note how they're coming in here now, right now, in the limit order book. So let's define this heat map. The liquidity you see here in the order book, if these numbers here, these are contracts at these specific price levels, if it's a high area of liquidity, well, we'll just graphically in this window here, reference it with the heat map. So you'll note the heat map is always changing, and it reflects the changes in the order book. This is the last traded volume, and this is your best bid and offer. Now, where this really gets insightful is because we take this data and we record it and project it onto the chart historically. That's it. So we have an understanding of the liquidity at these areas, and we can see the auction and how it's unfolding. So we're getting some really interesting stuff occurring right now. This is fake liquidity down here that we noted at this 38 and 1 half level. And why do I say that? Well, I mean, we see 43 contracts traded down here. But here, at this level here, and let me just go back, we see there's 81 contracts. Well, 43, half of it traded, but the other half was pulled. And look at this level lower here at 38. They pulled as well. They don't want to be buyers here. And they jump back in. So that's the auction. That's what's occurred here. So we made a distinction between just now and being able to very clearly and objectively identify larger players up here with high liquidity that's not fake. And that's longer-term liquidity as well. It has been here waiting to trade for quite a while. And this is short-term high liquidity that had no intent to trade. It was fake. And that gives us a lot of insight to the players at these levels and now starting to understand auction market theory and the intent of or the context of that auction. And that's what we go through in much more detail in the Advanced Order Flow webinars. So I'm going to leave it at that and jump to the next one. Thanks for coming, and we'll catch up with you guys tomorrow.