 Welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap. Let's go through the risk disclaimer. Trading equities and futures involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Go to bookmap.com for more information. There is a free 14-day trial period of the software platform. It comes with education. There is an educational course. There's four parts to it. It's about an hour each. And then there is the advanced order flow webinars. These start at 11 o'clock Eastern time, so in about 27 minutes or so. And the two support each other. So the advanced order flow webinars, we go through the detail in the order flow, what bookmap is uncovering and showing, and how to utilize that information. So you're going to be learning about order flow. And that comes with the product. So the distinction here between the two webinars. This webinar is to go through the basics of bookmap, understanding the details in the platform, and the functionality, and what is explained. And then we'll get into more advanced analysis in the second webinar. You also get other resources with the education. And if you have any questions, you can reach out to us at support at bookmap.com. Here's where you can find bookmap. It's at bookmap.com. Just click on Explore here. There is an intro video. It's just a minute long if you want to gain a quick understanding of what bookmap is showing you. And let's just scroll down here about bookmap, the webinar link here that you found already. There is just some basic information of what bookmap is. And as we scroll down, there's bookmap for equities as well, not just for futures. It comes with NASDAQ Total View. Now you will need to purchase this separately. We have a special deal. We're not a data provider or broker. We have a special deal with dev experts, DX feed. It comes with the NASDAQ Total View. And connectivity, let's get more into that. So here is the dev experts connecting to them in the NASDAQ Total View and last sale. But for the futures markets, we have all of these different ways of connecting here through stage five, gain capital. They offer many of these different data providers, CQG, Rhythmic, Gain, IQ feed, et cetera. So as mentioned, we're a platform. We're not a data provider. You will need to connect bookmap to the live markets with one of these data providers. If you need a data provider, there is a link here. So you can get a demo of it. It's just below the pricing page here or the free trial page. So let's go through that. So there's the basic and let me just make this a little bit bigger. Basic, advanced, and quant bookmap offerings here. Now, there's really only one version of bookmap is the basic. The others here, they have different features that are added. So what you get for the advanced is the one-click trading. So you can trade right from the bookmap chart. This is a really big advantage, because you can see the liquidity heat map in front of you. So you can therefore optimize your entries, your exits, and as well your trade management, so your stops and your targets. So for example, if you see high liquidity, and let's say your target is beyond that high liquidity, well, if you might want to take your target a little bit earlier in front of all of that high liquidity, and you have a higher probability of getting a hit before a price potentially could reverse. So you can hide your stops behind high liquidity is another example. And then we have these proprietary indicators that go through order flow and just understanding the different phenomena in these markets and uncovering, giving more transparency with our proprietary indicators. Quants, you guys can reach out to us for connecting your own data feed, your own proprietary indicators, et cetera. If you have those needs, just click on Learn More. You can follow us here on Twitter. You can see our Twitter handle at bookmap underscore pro. And you get the latest information regarding bookmap. For example, take a look here. This was just tweeted half an hour ago. In the newer version of bookmap coming out, we have a colored heat map here. As you can see, we have the grayscale, which is what we currently have, which I like quite a bit. But you're going to be able to get more transparency and understanding here with the colored heat map. This is really exciting stuff. I've taken a look at some of the demos here. And we have a real nice offering coming up soon. Probably end of the year here would be the new bookmap version. All right? And you can follow us or subscribe to our YouTube channel as well. So just go through the basics here. For those of you who are new, go through the bookmap intro videos here. They're very quick. Just give you an understanding of what is going on in bookmap. There's an overview of bookmap 6.0 right here. That's a little bit longer, 12 and 1 1⁄2 minutes. But get an understanding of the functionalities of bookmap. Features and components. This goes through the details in the features and functionalities. The order flow video snippets. I would encourage you to watch these. These are examples of what we go through in the advanced order flow webinars in detail. A lot of the content is lifted from those webinars and then just produced in a very concise video. So that's what you get with the education. There's the educational course. And then you get the advanced order flow webinars that support that content in the live market. And we're not just going through and identifying this phenomena. We're also looking for or anticipating price movement based on very objectively what we see. What bookmap is uncovering? And then we can extrapolate that information and anticipate future price movement. OK, so let's do that. Let's look at bookmap here. And we'll just go through the basics. Look at the NASDAQ. And unfortunately, I got here a little bit late. So the first 15 minutes or so of the market, I don't have all of the open data here from the cache open. But we have plenty of data to look at here. And for those of you who are new here, just want to go through the basics of what you're looking at here in bookmap. Because this may look very foreign to you if you're accustomed to candlestick charts. So we're going to turn on candlesticks. We offer candlesticks. And we're going to turn off all of the other data here. So we're going to really simplify this. And then we're going to add these layers of data over time here, over the presentation, and just get a feel for what bookmap is showing us. OK, we're all accustomed to this view, most of us. Open, high, low, close of a five minute period, for example. That's what this candlestick chart is showing us. And you can read the wicks, the body, the color of the body, and start to gain an understanding of where traders might be positioning themselves at best. But there's so much more that is not displayed here. And this is a real problem, because we're making financial decisions here. And we're really just kind of guessing by looking at this kind of chart. Looking at candlestick patterns is at best a guess. I mean, we really don't know. And well, we have a lot less information here, I should say. And the more information that we can gain and understand from the market, more objective, transparent information, the better trading decisions we're going to make, much better trading decisions. So for example, just looking at this, we have a volume sub chart down here. That's the other piece of data that we have here. But where did the volume trade exactly? What about little structures within here? How did they play out? Who is the winner or loser in those little structural battles? Who's in control here? Buyers or sellers? And where did the volume trade? Did it trade within the middle of the candle at the end, at the wicks? How much traded exactly at that area? And what type of trader? Was it aggressive buying or selling? All of those questions are not answered here. And that's a problem. And that's where Bookmap can answer it. So I'm going to first turn on the historical best bid and offer. And this already will give us a lot of transparency in the market. Because here's what happened within that five-minute period between this candle and this candle here. There's a little microstructure area here. Actually, it actually started back here. And it broke. We broke above the highs here. That occurred here. We can see it in this candle. But we have much better insight. For example, if you saw this candle and you're making a trading decision, well, OK, maybe I'll go along up here looking for extension and price discovery to the upside. Well, looking at this microstructure here in Bookmap, this is just historical best bid and offer. That's all we're showing here. But just based on that, we can start to understand we broke out from this area quickly. So I'm looking for the aggressive buyers here. And I'm looking for a pullback to that area. And then maybe we'll get extension to the upside. Now, we don't get it. In fact, we see kind of a reversal pattern here start to form. However, if you took that trade and you managed it to dump off maybe a partial of your profit up here and move your stop up, well, you've just managed that trade really well in your trading strategy. Based on what we're seeing in the microstructure here, that's giving insight that the candlestick chart is not. So let's get into the volume now and answer some of those questions. So we show the volume here with the volume dots. In fact, let's bring up the let's restore to default and maybe bring it down a little bit. OK, that's fine. OK, so these dots. So now we have just two layers of information on top of this candlestick chart. That's it. We have historical, best bid and offer. And we have the volume dots. So now we understand the trades that took place. What transacted at some of these areas? We're looking at the aggressor here. Market buys and market sells. Someone hit the Market Buy or Market Sell button. Let me show you what I mean here. Let's zoom into this little area here that we were just talking about. This is kind of nice. We see the high broken here. And we saw the aggressor on the buy side take over. And I'll continue to zoom in here and note these little pie displays. This is showing buying and selling. There's so many trades that take place here and so many events that are executed here that we need to show this in the overall delta. So you can see that three quarters of this is buying and about a quarter is selling. So let's zoom in a little bit further and we're going to show you every single event that took place here. We are able to do that by showing this data. This is really what occurred. Now we're down at just thousands of seconds here. And that's still rather slow, to be honest, in the high frequency environment. It's quite slow. But we can zoom in for those of you who are trading algorithmically. We can zoom in here and we can break apart every single event and show you now here we're at micro level. And we can go down to nanosecond level. All of the events are here. It's all recorded in Bookmap. So what are we looking at here? Now as I zoom back out, note how we take all of these little events here and we can use this data tip tool here to hover over these areas. And it gives us the date, the time, what was on the ask here. So there's 25 contracts here at this moment, at this price level of $63.19. And this dot is for volume of three. This dot here is for volume of one. Another one for three here and one for two. And here's four. So we have all of this data, but as I zoom back out, note how we aggregate this just graphically and give you the overall shape and understanding. This dot is pretty big now and it's for volume of 27. And look what occurred here actually and let's zoom in a little bit further. So we had the, this is this historical best offer and this is the historical best bid. So someone hit the market buy button here and we have a number of events that took place all for a volume of, well, actually we're showing 31 here. Let's zoom back out. Okay, it's 27 plus these here as well because there's a little bit of selling in here. So 27 plus this four or five here. No, I'm sorry, four right here. So you can see all the details. Anyway, so let's zoom back out and note how I'm starting to consolidate and compress my timeline together. Okay, as I do that, we're still giving you the overall shape of the volume. So it's all recorded, but we're still giving it to you graphically so you can digest it at higher timeframes and what occurred here because we don't trade off of millisecond level or nanosecond level, okay? We're trading off of higher timeframes. Now we're looking at a minute between each vertical dotted line. So here's that candlestick again and here's what occurred. And here we can see the aggressor takes control right in this little area here. This is one of the strategies that we go through in the advanced order flow is looking for pullbacks these little microstructural areas, okay? Because we know who's in control here, right? And we get that pullback here, all right? Okay, and you get even a better one here and here, okay? So, and this is where you would be managing that trade and probably dumping it off or at least that partial up in this area here, okay? That would have worked out well for you. Okay, we're just talking for a number of ticks here but as they zoom out, we can look at higher timeframes and really start to piece it together, okay? So for example, now we're seeing some weakness come in in this area here in the order flow, okay? And this candlestick is totally not showing us any of that information. We're not seeing this really quick move down like this and the aggressive sellers taking control of the market, okay? We're down below these other little swings down here, okay? You do see that in the Wix, okay? But you see how it rejected and came back in as well. But where did it come back to? Well, here's the story. This is the story that has meaning is it came back to where the sellers took control in this little area here. This is the opposite of this that we were showing you earlier, okay? This is the buy side to the upside. You would have been stopped out but you would have managed this nicely to be able to gain and not lose anything. On this one here, you would be doing the same thing, okay? So you'd be looking for the pullbacks, you get them. You would be taking your partial profits down in this level here or in some of these levels and then move your stop to break even again, right? That's just one strategy, but anyway, that's what we're looking at here in the traded volume, okay? And let's take a look now at the heat map, okay? Because the heat map is, we wanna understand not just the traded volume, okay? We wanna understand as well where they're bidding and offering, okay? That's gonna have a tremendous impact on price and that is usually consumed for us as traders here in the dome, okay? And this is the dome and book map in these columns, okay? We have some volume columns here, chart range volume column and a session range volume column, right? Nice breakout to the upside. So this is actually one of those reversal patterns we look for in book map, in the advanced order flow webinars, but anyway, save that maybe for another time. Okay, so where are the players, okay? Well, that's here in the dome, all right? 63.25, look at 168 contracts up here, all right? So it looks like that's where the market wants to go to trade with, there's high liquidity here, okay? 63.25, okay? Market needs liquidity to trade, all right? So we're identifying larger players here in the dome and this is just the current snapshot of the dome, okay? Of the auction and a current snapshot is really good. However, there's a problem with the current snapshot. Once these numbers change, that data is lost and it's not recorded historically and that's where book map solves the issue because we record it, okay? So what occurs here in this, let's just look at this little window right here, okay? This is the current market window and this is the current best bid and offer and this number is last traded volume here, all right? So now we take the areas of high liquidity and we'll paint them in the heat map, all right? In fact, let me adjust this heat map a little bit. Okay, so then we paint that in the heat map here, okay? So bright white area is high liquidity, okay? Down here we have 77 contracts on the bid at 63.21, okay? Interesting they were here before as well. You would have to remember all of that that they were here on the offer earlier and now they flip to the other side here and they're on the bid at 63.21, okay? That'd be rather hard and challenging to remember all of that data by looking at the dome, okay? And just having to memorize that. Okay, the book map solves this issue because here in this window, we record that data and then it's projected onto the chart. So let's zoom in here and let's take a look at this area right here. Note these little striations here, okay? This is all historically recorded area of the liquidity at 63.24 and a half right here, okay? So note how it got brighter here and then it just got darker. Here's the recording of that right here, okay? Okay, now someone came in with more contracts so we're just getting an update on that heat map. But that's what this looks like here, okay? So that's what these striations are, is the adding and pulling of liquidity. What this allows you to do now is start to gauge and understand the traders at these areas. Do they want to trade? Do they have the intent to trade or not? If they're starting to add and pull, maybe not. There's something kind of bearish here is showing that we have high liquidity at 63.25 and guys are starting to front run that high liquidity, okay? And they want to be sellers at these lower areas and that's bearish, okay? They're being more aggressive on the sell side, okay? Now they're actually being more aggressive here on the buy side too, okay? So we have a nice little battle shaping up here between buyers and sellers in this auction and you can see how this auction is taking form here. It's trading between these two areas of high liquidity at the moment, okay? Now look at 22. Note how they're getting more aggressive here and these guys are starting to pull up here, okay? This looks pretty good for coming up and testing 25. All right, let's just see if the aggressive buyer steps in here and we can come up and the market can trade up here into that area of high liquidity at 25, all right? So all sorts of things start to unfold and we can start to understand the context of the auction and the traders and their intent, okay? And this is what we cover in more detail in the advanced order flow webinars, okay? So you guys have a good understanding of the data, what Bookmap is showing you here and now next step would be to start to understand the details in the order flow and be able to understand why the market, we're seeing the move take place already, okay? Why the market is attracted to this area at 25, okay? We can also start to look at little phenomena in here like this, okay? This is high liquidity here that did not have intent to trade, okay? In fact, this is a spoofing type of action here. Very, very high liquidity and let's see exactly how much that was. We can hover over this area and it tells me it was 90 contracts, okay? It was in here for a very brief moment, okay? It skewed the auction, okay? There was a skew in the auction and the aggressive buyer came in, okay? And now we just traded through 25, all right? And that skew in the auction plus that aggressor coming into the market leads to a movement to the upside, okay? So this is, did they have intent to trade here? No, because they pulled, okay? So their intent to me, it looks like was to jump into the auction, show a lot of demand in the auction, just think of an auction like for a painting and all of a sudden there's 20 more buyers that jump in and they say that they wanna buy, okay? At this price level and well, if there's more demand then price moves up, okay? And this kind of spoofing activity here is what gets high liquidity filled a lot of times or you can start to see that unfold, okay? So now, let's zoom into this area and see if these guys were filled here, okay? So I can answer that question. Was this liquidity here at 25 that we were noticing earlier, okay? It actually came down to 130 contracts at this moment. So they started to pull some of that liquidity. It was 171 earlier. And then look at the trades and transactions here. Actually, I know exactly what traded here. 130 contracts traded here. What was on the offer? Or yeah, on the offer here, 130. So did the larger player here get filled? Absolutely, absolutely. And fatically, we know that this is fact, okay? So now we're starting to identify, this is real liquidity that was at that area. It stayed in the book, it traded and we see a little bit of movement through, okay? But now we're starting to see, you know, we see a bit of selling come into the market as well. Larger players are absorbing the buying here, okay? And we saw the move down, okay? Looks like they wanna absorb some more up here at 27. Anyway, you guys get the idea. I gotta jump over to the next webinar. Let me know if you have any questions and you can always give Bookmap a try here. Let's see. Here it is, go to the free trial tab here. And if you need a data feed, you've got it here. Give it a shot and then come into the advanced order flow webinars and we'll go into more detail, a lot of this information, all right? Now I know a lot of you guys here are already in the live order flow or advanced webinars, so it's good because we have lots of, you know, get that foundation here, ask questions about the software and then jump to the next one to understand the details here, okay? All right, we'll catch up with you tomorrow. All right, thanks guys.