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Bookmap - Bruce Pringle (Chief Educator) - Ask Me Anything (AMA)


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Bookmap - Bruce Pringle (Chief Educator) - Ask Me Anything (AMA)

  #71 (permalink)
 
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EssDigs View Post
GC Full Cash Sesssion - Stops -Delta _02.23


Hey Bruce!

As we see there was buying Absorption firing off after the Gold pit opened yet prices fell and then fell rapidly after the Cash open with CVD (cumulative volume delta), -Ice and -Stops... appox $9 worth! As the realtime Volume came in contact with the significant 200 Bids at 1801.3 we see again Buying Absorption firing off there and at levels below the Century figure.

Returning to that figure, and the real-time volume appears to be with the Bulls (above the VWAP), they are able to push $8 back up to the highest levels since the pit open before exhaustion.

Ranging therefrom, we are never able to get below that support level at the Century.. it would appear they wish to take take things higher -

But notice the minimal amount of +Ice throughout the session and falling CVD...

In short, what is your opinion of the -Ice & -Stops and their story here at this Century figure (1800) ?

Hi EssDigs,

Sorry I wasn't able to reply in real time, but the order flow structure is still negative. Buyers couldn't reach back above the previous big drop, despite the absorption on the bid below 1800. Note the second drop just after 13:00. There is a nice spike of sell icebergs transaction, and buyers can't even breach that swing high at 1807. In fact, look at the heavy supply in the Bookmap heatmap at 1806.5. Moreover, as you noted, CVD continues to drop, which confirms sellers are still in control. Hope it helps...

Bruce

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  #72 (permalink)
 homegr0wn 
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Hi Bruce,

I currently have bookmap in ToS. I was wondering if there are any weaknesses in having bookmap in ToS vs going through the bookmap website? I know there aren't the iceberg indicators in ToS and maybe some other features, but I was hoping you could let me know if there are any other significant differences.

Thank you!

  #73 (permalink)
 
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homegr0wn View Post
Hi Bruce,

I currently have bookmap in ToS. I was wondering if there are any weaknesses in having bookmap in ToS vs going through the bookmap website? I know there aren't the iceberg indicators in ToS and maybe some other features, but I was hoping you could let me know if there are any other significant differences.

Thank you!

Hi,

I haven't played around yet with the TOS Bookmap version. I know however, the initial offering has less functionality than the Bookmap desktop version. Future TOS versions will include more features. Please reach out to TOS for some of the details, we don't know their development schedule. Regarding icebergs in TOS, They use dxfeed data for futures, and dxfeed at this time does not offer MBO data so unfortunately native icebergs will not be displayed. But please note some of the Global+ features have been implemented, and we hope more will come in the near futures. For example, trading from the TOS Bookmap chart is not yet supported, nor are some of the 3rd party addons like the On-Chart Iceberg Indicator.

regards,

Bruce

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 Haverchuck 
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Can I use the Rithmic 14 day demo trial with the Digital version of Bookmap or do I need the Global version for that?
Thnx

  #75 (permalink)
 
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Haverchuck View Post
Can I use the Rithmic 14 day demo trial with the Digital version of Bookmap or do I need the Global version for that?
Thnx

You need to subscribe to Bookmap Global or Global+ for at least a month if you want to connect to Rithmic or any other data provider for live futures and stocks data. The free Bookmap Digital version connects automatically to a delayed feed for futures and stocks, as well as one live free data feed to Bitcoin (or crypto currency of your choice).


regards,

Bruce

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  #76 (permalink)
 OpalDragon 
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I like to trade with CQG Ninja Trader Brokerage >>> BUT >>>
I have a Bookmap Indicator/Add-ON that requires data from Rithmic Feed.


Can we subscribe to the $39/per month Rithmic data AND also connect to the Ninja Trader CQG Brokerage feed and STILL Trade thru Bookmap but WHILE LOOKING AT The Rithmic Data?


That is my question -- hopefully I worded it correctly and it is not confusing.

I ASK >>> Because I have not been able to see a VIDEO about this on your site or youtube channel -- unless I couldn't find it.

Thanks a million

  #77 (permalink)
 j77777 
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I am using Bookmap with Rithmic and I use CQG to run Ninjatrader and Sierra chart. I trade with any just mentioned, Of course I have a sub account in order to to do that. Hope it helps.

  #78 (permalink)
 
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 Big Mike 
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On behalf of @veedom58 who has this question:


veedom58
When you have an order in the LOB and it corresponds with a support area in the chart, how do you distinguish between traders covering and stop losses being triggered? Are there any nuances for greater understanding that you are willing to impart or perhaps recommend? Thank you for your response.


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  #79 (permalink)
myrna
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Crypto foreign currency forex dark pool prints. Where do you find this information? Where do you find the top ten or 20 dark pool traded stock for today. Thanks Mike Lucas

  #80 (permalink)
 
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OpalDragon View Post
I like to trade with CQG Ninja Trader Brokerage >>> BUT >>>
I have a Bookmap Indicator/Add-ON that requires data from Rithmic Feed.


Can we subscribe to the $39/per month Rithmic data AND also connect to the Ninja Trader CQG Brokerage feed and STILL Trade thru Bookmap but WHILE LOOKING AT The Rithmic Data?


That is my question -- hopefully I worded it correctly and it is not confusing.

I ASK >>> Because I have not been able to see a VIDEO about this on your site or youtube channel -- unless I couldn't find it.

Thanks a million

Hi,

Bookmap supports connectivity to multiple feeds. For example, you can connect to Rithmic, dxFeed (futures), CQG, IQFeed, Gain Capital, dxFeed (stocks), and multiple Crypto exchanges all at the same time if you desire.

In your case, you will connect to CQG and trade from that CQG Bookmap Global+ chart. You will also connect to Rithmic but use that only for data visualization; you won't be able to trade from that Rithmic data chart. However, you can contact Ninja Brokerage and switch to Rithmic data if you prefer; they support it. Then you could trade from that Rithmic chart as well and you wouldn't require the additional subscription to Rithmic.


regards,

Bruce

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