 Hey, welcome to the Bookmap Platform Details webinar. This is Bruce at Bookmap. The risk is coming. Exclaimer, trading equities in futures involves substantial risk loss. It's not suitable for all investors. Path performance is not necessarily indicative of future results. For more information, go to bookmap.com. It's a free 14-day trial. It comes with education. You get access to the Bookmap Educational course as well as access to the advanced order flow webinars. Those start immediately after these webinars, so at 11 Eastern. And those are every day. So the idea here is with the 14-day trial, you've got an educational course. And that course information is backed up with the advanced live market order flow webinars every day at 11 Eastern. So you can learn about order flow. You can learn about Bookmap and how to use it, and then see it and apply it in the live markets. So that's the concept here. And let's take a look here at the website. The bookmap.com intro video here at the top. And then you can scroll through. I'm going to change this link here soon for the next week's webinars. So you can sign up again if you want to access these webinars. And just some of the benefits about Bookmap. There's Bookmap for equities here with an ASAC total view. It's a great data feed. It allows a total depth of market or full depth of market, very low latency, and access to all US equities. If we go down a little bit further, this is how you connect Bookmap. The dev experts at NASDAQ that I just covered is down here. But the other data providers here, CQG, Rhythmic, Again, IQ Feed, Transact, these are all data feeds that you just connect directly to Bookmap. Bookmap is a platform, just like any other platform out there, like Ninja Trader, or like TTX Trader here, or Interactive Brokers Traders Workstation. The difference is that we include these here because we also connect via the API into Ninja Trader, or TTX Trader Pro, or Interactive Brokers. So there's multiple ways of connecting here. It is better, or we prefer, that the data is not touched by the API. So if you have CQG, or Rhythmic, or IQ Feed, you just plug that in directly to the Bookmap platform. Here's where you can find the 14-day free trial. It's 49 per month. It's billed quarterly. And then that's for the Bookmap basic. And then the advance is 99 per month, but billed quarterly. You get a 14-day free trial for either or. The difference between the two. Well, there's a complete comparison chart down here. But mostly, it's these add-ons here in the different features. So looking at larger players that can be identified using our proprietary indicators with the iceberg detector, or the large lot tracker. There's some imbalance indicators here as well. And the ability to trade right from the chart. Now, this is a big one, because you have the liquidity heat map in front of you. So why not use it to your advantage? Look for higher probability fills by front-running high liquidity, or hiding your stops behind those areas of high liquidity for protection. Social media, you can follow us on Twitter at bookmap underscore pro. And then the YouTube channel here. Just briefly go through it. We have the intro videos here in a playlist, features and components playlist, and then these order flow video snippets playlist. Hey, these order flow video snippets, this would be akin to the live order flow analysis of webinars, except that these concepts here are just covered really briefly, or concisely I should say, in these videos. So we go into this information in depth during the live order flow analysis in those webinars. Okay, well let's take a look here what's moving around in the markets today. Crude is breaking out to the upside. We can take a look at Crude. We've been looking at Crude for a while now. Last few days when we've been kind of hacking back and forth in the equity indexes. Or we can also take a look at, kind of curious if we might break out of this area here in the indexes, but you can see sellers are starting to come up into this area up here. Let's take a look at bookmap, okay. We'll start off with looking at the NQ here in the NASDAQ. And yeah, let me know if you have any questions. And this is something that I've shown before, but this is really interesting and insightful information here. And we're seeing it very clearly here in bookmap. Anyone have an idea what I might be pointing out here? And there's a few different things actually, really interesting stuff here that's going on. And it has to do with depth of market. Any ideas what I might be pointing at or might be interested in here? No? Okay, well I'll cover it more toward the end of the webinar here. But it's the, for those of you who are new here, what bookmap does is it takes the DOM, the data in the DOM, the depth of market. Okay, that's if I zoom in here. To the current market, okay. And in these data columns here, this is the DOM here in bookmap, right. This is the depth of market, right. This is the offer side. This is the bid side. Here's your best bid and offer right here. And we record this data and transpose it graphically onto the chart. So areas of high liquidity like up here, 49 contracts. And they just pulled. So we recorded that though, that action, okay. So now we know that they were interested up here for a bit and then they pulled. What's so fascinating about this is Rhythmic and CQG offer this. Rhythmic actually offers it for CME products. And that's full depth of market. So what do I mean by that? Okay, it just means that these areas down here in the order book are live right now. So if traders come in here, and actually it looked like I just saw it get a little brighter down here, or if they come in in any of these areas here, anywhere on the chart right now, here I can see them down here, for example. And this is definitely outside of regular 10 deep on the bid and offer, okay. It's all live, right. So look at this information here. These are larger players, okay. They're already, before the market even opens at the 930 cash open, they're already lined up here to sell, right. Up here in this area and up here in this area here at 63.70 and here at 63.55. Okay, now for those of you who might wanna argue that the dome data is, you know, you really can't read it. You really can't understand it. They might be fake liquidity. It's all fake, it's all smoke and mirrors. Well, this should help disprove a lot of that noise because here they are, and here they are up here. These are longer term traders and they want to trade here. They have a lot of liquidity. They're waiting to trade at these levels. Look where we go to, look where we stopped here. Why did we stop here? It's because they had a lot of selling interest here, okay. And they stayed in the market, okay. When we came back up again into this area, we finally trade through it, right. And we'll go in and take a look at it, but this is a very quick move and a really nice breakout, okay. Of this swing here, came back up, tested it and then we see the breakout, okay. In fact, maybe I'll cover this in the advanced order flow webinar. In fact, I'll give you guys access to it today for Friday. So you can get a feel for what we do in the advanced order flow analysis that comes with the trial, right. So what's interesting though, is these traders up at this level here and we trade through very strong breakout. Where do we go to? Same area up here. This is where the sellers were. And they're still here. And they're still here now, right. We can see them, okay. If we want to break out further, well, this is the target then. Price needs to get up to this level at 63.70, okay. Having full depth of market gives tremendous insight to this, right. This is really a very, very nice advantage, okay. So longer term. And this is one of the distinctions here of book map. Your dome, if we zoom in here now. Okay, hold on just a minute. As I zoom in, okay. In our dome right here. And let's suppose we had, you know, this is what a dome usually looks like here. You only get 10 deep on each side, right. This would be your dome. This isn't really telling you too much. And it's moving so quickly, right. It's telling you more when it's recorded and you can view it historically, right. But still any areas outside would be, they're not live, okay. But with the data feeds, with CQG and Rhythmic, well, only Rhythmic here for CME, all of these areas are live. So, and recording those areas live, what that means is now this dome becomes extremely useful. Okay. I can use it historically. I can zoom out. And I can use it for current and historic. Well, here they are, here the sellers up here. Buyers are starting to show some interest down here. Okay. And that's, we don't need to look at the numbers. We can just look at it graphically. What's even better though, is look at these areas on the longer term chart. I can use my dome information now at these areas. And then it's giving us a lot of insight. Okay. Point made won't be it on a dead horse here. It just really is offering quite a bit of transparency that can be used. You know, you might be looking at a fib number and maybe you hit it by chance. But here's, this is the real story. This is why we stopped and we rotated. This is why we stopped and rotated here and over here previously. Okay. That has nothing else. There's really nothing else to say about it. Like, that's the reason. Okay. Anyway. So let's, for those of you who are new here and there are some new traders, you know, I will stop going through the analysis here. Just want to make that point clear that you can use book map, the order book historically here that offers a lot of insight. And that makes your dome useful. Whereas it really, for the current market, it can be somewhat useful, but you know, seeing it on much higher time frames is a lot more useful. So the, let's just go through and simplify what we're looking at here in book map because it may look like there's a lot of data, a lot of information here. That actually is true. It's very simple data though. Okay. It's not complex whatsoever. This is not rocket science at all. In fact, this is a very simplistic view of the market. There's just three pieces of data that we're showing here on this chart. Okay. And I'm going to, I'm going to demo this by showing you candlestick chart. Okay. Because a candlestick chart is, all this is showing here is open high low close of a specific time period. Okay. It's a five minute chart here. So that's what we're looking at. Five minutes of data, open high, low, and close. But that's it. There's only four pieces of information here. That's the problem with the candlestick chart. So you're starting to read these wicks and bodies like an art form. And it's completely subjective. You don't know where the traders are lined up here. Now you have no clue where the volume traded, what type of volume, where it traded, and how much. All of those are completely opaque here. All that information. And then looking at what's outside of the candlestick chart, well, there's nothing here. It's all dark. So we don't know where they're lined up in the auction. All right. So we also have a sub-panel here. I'm going to close it as an indicator sub-panel, but book map is only showing you three things here. It is showing you historical best-bid and offer, the volume that traded on the historical best-bid and offer, and the historical view of the limited-order book, all right? So we'll add those pieces of information on here one at a time, all right? So the first piece is just going to be historical best-bid and offer. And this seems really simple. It's very insightful though, right? By adding on historical best-bid and offer, what this allows us to do is see a non-aggregate view. There's no bars here with historical best-bid and offer. It's just historical best-bid and offer. It's the market action, and it allows us to see micro-structure, okay? So look at this move to the upside here. Well, what really occurred in this move to the upside is we have a structural area down here. We broke out of it right here, okay? And then we moved to the upside. We kind of consolidated it again, and then we broke out of that area too, and the biggest break happened actually up here, okay? This is what really occurred, and we can see those structures, all right? So we can see this is a micro-structural area, so is this, okay? And we can understand now that there was buying pressure. There was gonna be a lack of selling down here. We're gonna see more buyers come into this area here, and we're gonna get a breakout, okay? This is how the market works. And we can't see any of that within this candlestick chart, okay? So that's a problem. So just looking at historical best bid and offer already opens up these candlesticks. Now, when we turn on the volume, we have much more information, okay? We know not only historical best bid and offer and micro-structure, but the transactions that took place, okay? Where they took place, how much took place, and what type, right? So let's zoom into this area, okay? And so this is what occurred, right? So here's our breakout of this first level down here, and this is very indicative of a breakout, right? Look at the green aggressive buying at higher highs, okay? We see a little bit of selling here, but mostly you can see on these little areas here, and even down here, there's not much selling, okay? In fact, there's much more volume trading up at higher highs, okay? Which is very indicative of a trend, right? So we know exactly where the volume trades in terms of the micro-structure, and then a nice little retest here to the top of this micro-structure, and then we saw the continuation, and then we come back up here and we see another breakout here, okay? And the aggressive buying actually happened a bit further. Usually we see it right around this area here, but it actually took place a little bit higher, okay? And then you can see, we came back and retested that area where we see most of the volume trade here, okay? And here's our retest and we went back up. Now this is where we're starting to see maybe a turnover in that trend, okay? Because we have kind of a distribution pattern here. We break the micro-structure down below, and we're still bullish, okay? Because the overall, here's the swing down here. We didn't break this swing, and we just kind of go back and forth until we find more buyers here, right? Anyway, the, let me zoom in and show you what this historical best-pidden offer and volume really looks like. It's really simple, and this is it, okay? Look at, here's the bid here. We see a spread widened out a little bit here, okay? With bid and offer. So bid is the green, offer is the red, okay? And then these little dots here, these are transactions. The way we record and display volume is by using the aggressor classification, okay? So if I hover over this dot, it gives me the date, the time. What was on the bid at this price level of 63.48, and the volume at this price level. So this was a trade, and it was, we're recording and displaying an aggressive market sell order here as a red dot. So someone hit the market sell button. They crossed the spread, they paid up for it, they took liquidity off of the best bid, and a transaction occurred, okay? Here's a market buy over here, a green dot that happens on the best offer, okay? It's just how the market works. And the interesting thing here is that we can zoom into these levels here, and we're showing you every single transaction that took place, okay? There's a very simplified view here, and we're down at microsecond level, the timeline. So we're looking at millions of seconds here, okay? Every single event is recorded in book map, okay? But we don't trade off of these levels, so let me show you what happens when we zoom out, okay? We just visually aggregate all of these trades together into a bigger dot. So we have an overall understanding of what took place in some of these levels. So look at this little area here, and we can see that the majority of this was actually selling here, right? So this, if I hover over, is 208 contracts. It is at a price level that's giving me the VWAP of that price level, because there's many trades that took place here. It's actually telling me to spread as well. And we know that there was a majority of this was selling, okay? And we see a little bit of buying here. In fact, order flow wise, this is telling us something very interesting, because we see, look at how we broke out of this little microstructure right here, the aggressive buying, and we see selling up here, and it's still going higher. So others are trying to move price down toward this direction. These guys are gonna cover, and they're gonna flip out, and we're gonna see a nice move to the upside probably. No, we didn't, okay? We get one more rotation, and then we're gonna see it. But usually, this is pretty indicative here of what we see it many times over. If there's more selling up at this level and it's starting to move against them, we're gonna see a nice spring to the upside. We didn't get it this time, but a lot of times we do. Most times we do. Say these guys, they got it wrong, right? And price will move very quickly against them, and they'll cover, which will fuel the fire even further. Anyway, that's the volume, and then the final piece to go over here is the heat map. So let's take the candles off, and let's just look at microstructure and volume. And now we're gonna look at the limit order book or the order book here. Here's our price ladder, and here's our order book. These are traders lined up here providing liquidity at these price levels. They wanna be sellers at these price levels. They wanna be buyers at these price levels down below current price. This window here is the same thing. It's a best bid and offer and last traded volume. And now what we do though is we take that data and we paint it in a graphical representation, areas of high liquidity get bright white areas, okay? Lesser liquidity, 55, 56 here are a little bit darker. There's less liquidity, right? So this is like a graphical representation of the limit order book here. It's the same information. When you see these numbers change over here, it'll be reflected in this window, okay? But it's to the left of this vertical white line and we take this data and we project it onto the chart historically, right? So now we can understand where they're bidding and offering in the auction and not just current market, historical. And we can understand their behavior at these levels. We can start to note the majority of these traders are they following price down? They lowering the offer, that's pretty bearish, if they wanna be sellers at a lower level. What if they're pulling price or their offers here and adding to a higher level? Then that would be rather bullish, okay? So we can start to read and understand the behavior of the auction by reading it on many of these levels here. And that's what we go through in the advanced order flow webinar, okay? So let me give you the link here to the advanced order flow webinar. I'm gonna put it into the chat box here or go to webinar, all right? And you guys can come and join and see what we do in the advanced order flow webinars. All right, there you go. So yeah, that'll start in just a couple minutes. So let's end this and we will see you over in the advanced webinar, okay? All right, thanks guys.