6 years later and this is still solid gold! Thank you for sharing.

So much knowledge in that short time. Some trading coaches create a whole module for that and take thousands

There is so much to learn from this video about the mechanics of price action in general and the specific high frequency algorithms to look out for on the heatmap, it's amazing!

@tornabuono

4 жыл бұрын

I agree, Eric. Great insight!

The ability to visualize what is actually happening is truly a game changer. Thank you so much

THIS IS PURE GOLD. I can't i just watched this. THANK you very much sir for posting.

@Bookmap_pro

2 жыл бұрын

Glad you enjoyed it, Robert!

Great overview of bookmap! I dreamnt of an app that easily displayes this type of visual data, and lo and behold, it exists! Thank you so much!

Bruce, This is just phenomenal to see nano level trading …. Clear out all doubts and FOMO .. once you get a basic concepts of trading !!

I would say personally that traders who trade with price action would be very beneficial from these order flow stuff with visualization to aid in understanding of how market does just like that. Thanks!

This probably the most helpful video I’ve seen, to date. Thanks!

excellent tutorial thank you it help me a lot to understand Bookmap

Excellent presentation. Thank you very much.

Oustanding video! Bookmap is brilliant!

so excited to start my new adventure

Finally ,someone on KZread talking about ,price action and oderflow,I be been trading with oderflow 5 years ago,about to get that software to improve my trading decision.

@manishagrawal9930

Жыл бұрын

If you don't mind may I please ask what is the best way to learn about order flow?

this data gives you a huge advantage over the ignorant herd of the markets that make their trading decisions only based on reading chart patterns. great stuff. i appreciate that.

Nice presentation - ty

you are a good teacher Bruce . big thanks

I agree that this video is a treasure chest of information being a beginner user of Bookmap, however I do find some terminologies or processes underexplained.

@Bookmap_pro

2 жыл бұрын

Thank you for your feedback, Di.

wow man great explanation thank you

very informative ...thank u so much

I need to watch this 10x! This is great stuff!

@Bookmap_pro

Жыл бұрын

Thanks for your kind words.

Excellent explanation. Thanks

Best video ever about Order Flow. Excelent!

@Bookmap_pro

Жыл бұрын

Appreciate the kind words, Tobias.

This was excellent. I am sold.

Thanks for this Bruce. I really learn a lot. Question about a comment you made in minute 36:20 ( you said, this is a little different sweep) ; how you detected that sweep down specifically?

Thank you for your time and lectures

@Bookmap_pro

2 жыл бұрын

Thank you Abraham!

Fantastic video! Some of this is beyond me, can you recommend anything to study that will help provide a foundation for the material? Thanks in advance.

Amazing content I’m going to delve deep into this

Are there any other parts? Great content.

This is informative 🔥

At 33:50, could it be due to aggressive sells + sell stops exits (stop loss of buyers got hit)?

Great, thanks

I JUST SUBSCRIBED AND HAVE PARALYSIS WITH ALL OF THIS INFORMATION WOW

@Bookmap_pro

Жыл бұрын

Watch one video at a time, Michael :) Also, you can join our daily webinars to get better understanding.

At 24:51 when the imbalance occurs, does this mean that prices will go down in order to go higher later on and consume the higher liquidity? Or, does it mean that there is currently during the imbalance more selling activity causing prices to go down?

At 09:48 you show a little white number 1 and you say that is the "last traded volume" but my book map also show a green or red number in parenthesis and I can't find any explanation as to what that is. Can you tel lme?

Hi sir how can I access other part of video, do you provide paid course

What do you mean by basic market mechanics , kindly explain with example

What best timeframe to use this strategy or course example in cryptocurrency i like maybe working in more than 15 and or more

Very good. On to two, next. One question. Does an area completely clear out of contracts at each level? I notice a white bar of sellers still exists as price moves on. Would that one price level completely clear out? Or does Bookmaps keep a historical account of each level?

@Bookmap_pro

9 ай бұрын

For price to move to move from one price level to the next, liquidity at that price level must either completely transact or be pulled away, or both. Then there must still be more aggressor market buy/sell pressure to transact on the next price level.

So it seems when the liquidity is above a the candles it will push down the price of where there is no liquidity but it will come back on the old prices where there was liquidity levels

Bruce you are the champion of description. A running commentary of the by-gone. But how would you trade any of this if you did not have a hindsight? An imbalance exists with a strong depth above on the offer. Sometimes it rejects the market buyers. Sometimes they break through it. So which will it be based on probability, and why? How do you make decisions in trading based on any of this? Unless you can do that, any charting software is worthless.

@Bookmap_pro

3 жыл бұрын

Hi XX, this is part 1 of 4 videos. The ret are available with your Bookmap Global/Global+ subscription. This part 1 videos sets the foundation. The other videos cover market structure, setups, auction market theory, and confluences. Then we have daily BookmapLive webinars and apply this knowledge in the live market. It is not hindsight, we give insight to where price may move next. Plus we have Scott Pulcini and JTrader trade live 2 days a week. This is a rather complete education free with Bookmap Global+.

Okay, so I am 2:55 into the video and already the low quality microphone is hard to listen to. Please provide an up to date course, with exact same information; just a better quality microphone. I will power through however!

This is Free??? Unbelievable!!! This is not a game charger, this is the Super Bowl.

@Rachel-nw2uq

5 жыл бұрын

not free - only free for bitcoin

which time frame should be used

@fsvrwstegen

6 жыл бұрын

mate after this video you should have understood that its about price levels, supply and demand etc. and not a 15 min chart or a 5 min chart

Great tutorial, well done. Thumbs up, and subscribed. One very basic question....if every transaction requires a buyer and seller, how can there ever be more of one than the other over a given time frame?

@gmiles119

3 жыл бұрын

I just dawned on me....the transaction is labeled a buy or sell based on which side initiated the transaction.

@ikbo

2 жыл бұрын

@@gmiles119 Yup. That is exactly what a market order is :)

@yt555555

2 жыл бұрын

Every transaction is a market order being matched with a limit order.

@philipnicholson3216

2 жыл бұрын

there really isn't - a market order moves price as it exhausts liquidity at a particular price - the market order keeps moving price until it is exhausted. "It seeks liquidity "

@Jonathan-do4qb

7 ай бұрын

There’s never more buyers or sellers, but what’s worth $100 to you, may only be $80 to me so price has to move somewhere in the middle

Masterclass

Is this still relevant to newer versions.

We can't use bookmap in forex?

At 23:04 when Algos are consuming liquidity but not lifting price is that absorption?

@rudolfhochreiter7978

5 жыл бұрын

Yep, absolutely. you got it Bro.

what is the meaning by "Contract"?

At 64:05 you mention you may see a retest if you see buyers coming back in. However, isn't all that selling from 30 seconds ago buyers also buying? Can you sell or buy without a real buyer or seller? Does bookmark keep track of buy order history so we can estimate where holders are? I'm curious because daily POC lines (from Thinkorswim volume profile indicator) from months back make very predictable resistance lines for intraday price movements.

@Bookmap_pro

2 жыл бұрын

An aggressive seller (market sell order) must be matched with a passive buyer (limit buy order). If there are more aggressive sellers and they take all the liquidity at one price level, then the best bid moves down a tick to the next level of liquidity.

@thane1448

2 жыл бұрын

@@Bookmap_pro Thanks sir

@thane1448

2 жыл бұрын

@@Bookmap_pro Hey one more question if you see this and have the time. You mentioned that certain cases it only takes one share purchase to raise the price to the ask price. 3 ticks in your example. Do you think its possible to create a cheeky algorithm that auto-buys that one share or perhaps limited number of shares to drives the price a favorable direction during a move? I assume the market makers or other algorithms already do this but perhaps its not always favorable for them. Do you build algorithms for fun?

wow as a new trader this is to much to digest i just wanted to keep thing very simple lol

@Bookmap_pro

2 жыл бұрын

Part 1 keeps things very simple, and should provide a strong foundation on how markets really work. This knowledge can then be extrapolated to higher time frames, as in part 2 with market structure.

I think it would take a few months to understand the software.

podeis poner subtitulso en español. gracias

where is part 2 ???

❤

Make a how-to video

Do you have a colour blind version?

Sir add hit map for indian market .02

@Bookmap_pro

11 ай бұрын

Hello, Bookmap is available in the Indian market with the heatmap feature. For more information, check www.bookmap.com/hi Join our Discord community of Indian traders - discord.com/invite/r3MGD426we

mkay

Dome is spelled with an “e”

@Bookmap_pro

8 ай бұрын

Here, DOM refers to 'Depth Of Market'.

anyone else find this a little dry? clearly it's an amazing bit of software, but - man! a more dynamic speaker would really help set it off.

sorry guys I found this video way too long with too much historical data explanations. I feel it could be half the length and deliver twice as much info if concentrated more on present than past. It just seems to me that bookmap wants to impress with how much data it can display rather than whati is useful for trading in the present. If I have an ignition candle, it of course means what bookmap is breaking down and showing you. I already know that info because it waas an ignition candle. Trying too hard to impress at the cost of showing me the utility in the present.

Excellent video and presentation! Im a subscriber and now have a subscription

@Bookmap_pro

Жыл бұрын

Welcome aboard, Mark!

Who´s notice he´s sayin okay 10 million times?

@k4n3704d

2 жыл бұрын

It's Mr Mackey from Southpark kzread.info/dash/bejne/faWD1dSnmaXVn7Q.html

@abrahameyo4093

2 жыл бұрын

Focus on the principle... Stop being like a cry baby

@steve3222

Жыл бұрын

Okay

@chillestonline

Жыл бұрын

He's 1 taking the entire thing. Thats not even easy to do.

@IsaacSMILE

11 ай бұрын

Ok bro.