Normally, yes. The bad is, that is not a fixed rule. To see if liquidity and that price level is support you need more information and it is important to understand the underlying market mechanics.
Hi Walter ,many thanks for your video: your software is very interesting! I ask you this about the logic of the imbalance of limit orders in the book: You say that "a strong imbalance on the ASK means rising prices." But an excess of supply on demand should not, according to the law of supply demand, bring down the price? Please explain me to understand this indicator I am very interested in bookmap and in your software please if possible answer me Many thanks and congratulations again Francesco
Not really. Reason is that Eurex provides max. 15 levels of data. That's nothing you can justify reasonable trades. If you want to trade FDAX use options! Bookmap is the best tool when your data provider delivers high-quality data. See also CME: www.cmegroup.com/education/market-by-order-mbo.html Stay save!!
Hi, thanks for sharing this knowledge with us. Please I try to download the « pdf Ecourse flyer », but the page is not founded. If you can help me to get all those PDF’s courses. Thank you.
Hi Sir, thank you for the presentation, do i need to get the the TTW trade Finder or the MBO data bundle subscription on Bookmap, or it works alone with the Global or Global+ package ? thank you
@@bonreddy It depends on what you trade. Futures trading is best with Rithmic because of MbO data. dxFeed for shares. dxFeed don't provide Market-by-Order data.
@@ttwtrader ok so in conclusion, if I trade stocks only what features will be useful if I get ttw? from what I see it seems like this is only useful if you trade futures. correct me if Im wrong?
wouldnt a lot of Limit Bid order mean theres a lot of support? Ie bullish?
Normally, yes. The bad is, that is not a fixed rule. To see if liquidity and that price level is support you need more information and it is important to understand the underlying market mechanics.
Does it work with ESDEXFEED? Or rithmic only?
Hi Walter ,many thanks for your video: your software is very interesting! I ask you this about the logic of the imbalance of limit orders in the book: You say that "a strong imbalance on the ASK means rising prices." But an excess of supply on demand should not, according to the law of supply demand, bring down the price?
Please explain me to understand this indicator
I am very interested in bookmap and in your software please if possible answer me Many thanks and congratulations again Francesco
See here for more details: ttwtrader.com/2020/05/01/bookmap-and-ttwmarketvolumepro/
Hi Walter, While in self-quarantine, I binge watched a lot of your videos today and I wonder if your method works as well on EUREX products.
Not really. Reason is that Eurex provides max. 15 levels of data. That's nothing you can justify reasonable trades. If you want to trade FDAX use options! Bookmap is the best tool when your data provider delivers high-quality data.
See also CME: www.cmegroup.com/education/market-by-order-mbo.html
Stay save!!
In your opinion, are major Crypto currencies liquid enough to consider adding MarketVolumePro support in the future?
Yes, for MarketVolume Pro. You can test it for 7 days.
@@ttwtrader I bought it, I'll start testing Monday. Thanks!
@@Mr.Plutonium Great to hear!
Gibt es diese Ausbildung auch in Deutsch ?
Vielleicht noch einmal in Frankfurt am Main im Juni. Kommt darauf an, wieviel Interessenten es gibt.
Hi, thanks for sharing this knowledge with us. Please I try to download the « pdf Ecourse flyer », but the page is not founded. If you can help me to get all those PDF’s courses.
Thank you.
Yes, that's obsolete meanwhile. Please see ttwtrader.com/2022/08/14/bookmap-education/
Hi Sir, thank you for the presentation, do i need to get the the TTW trade Finder or the MBO data bundle subscription on Bookmap, or it works alone with the Global or Global+ package ? thank you
TTW-TradeFinder works standalone. You only need Bookmap Global, Rithmic and TTW-TradeFinder Version 3.7.1. No MbO Bundle needed.
Bonjour j'aimerais essayer le market volume pro avant de l'acheter est ce possible d'avoir un essais ??? Merci
Tu peux tester TTW-MarketVolumePro gratuitement pendant 7 jours. TTW-MVP est disponible uniquement sur Bookmap marketplace.
Parabéns pelos vídeos, mais tenho dificuldade em entender o inglês.
Gostaria que fosse alguns vídeos em português ou espanhol.
Obrigado
Desculpe, eu não falo português nem espanhol.
Oi Wagner, você ainda utiliza o BM? O que você precisa de ajuda?
Hello Walter, looking forward to this :-D
Can you ad the VWAP to your chart also?
Yes, Bookmap comes with a VWAP.
do I need to upgrade to global plus for this? or just the global will work?
Bookmap Global is fine. You need Rithmic if you want to receive MbO for a deep market analysis on Hidden Orders.
@@ttwtrader do i have to have both dxfeed and rithmic? i already have dxfeed
@@bonreddy It depends on what you trade. Futures trading is best with Rithmic because of MbO data. dxFeed for shares. dxFeed don't provide Market-by-Order data.
@@bonreddy Yes, I have both.
@@ttwtrader ok so in conclusion, if I trade stocks only what features will be useful if I get ttw? from what I see it seems like this is only useful if you trade futures. correct me if Im wrong?
Walter is an incredible teacher.
Thanks. Appreciate.
@@ttwtrader Hey Walter, are you affiliated with Bookmap by any chance?
@@mo938 Yes. Please see here: Test Bookmap for 3 months as a special offer:
tinyurl.com/y74fkx3f