Live from Orlando, Florida, it's theCUBE. Covering.conf18, brought to you by Splunk. Welcome back to splunk.conf18, hashtag Splunk.conf18. You're watching theCUBE, the leader in live tech coverage. We go out to the events. We extract the signal from the noise. I'm Dave Vellante with my co-host, Stu Miniman. We love to talk to the customers, Stu. We've had seven out of 10 of our interviews today, have been with the customers. Tony Dela Sander was here as the chief architect at the Cooperators Group Limited Insurance Company up in Canada, leader in that field. Tony, thanks so much for coming on theCUBE. Yeah, it's great to be here. Thanks for having me. So we were talking off camera about some of the innovation that's going on in Toronto. And we want to get to that. Innovation is actually in your long title. Yeah. I shortened it up a bit over time. But tell us about your role as chief architect and then some of the other areas that you touch. Yeah, certainly. So my primary role at the Cooperators Group is to serve as chief architect for the group of companies. And so it's a fancy term to mean that I influence how we invest in technology and process for our strategy and for our operational imperatives. I also have responsibility for information security within our organization. So I have a great team led by a CISO at the Cooperators Group. And essentially our role is to protect the data of our clients. We have a million unique clients across Canada that entrust us with a lot of personal and confidential data. We have thousands of financial advisors throughout the company. And so we have retail outlets throughout the entire geography of Canada. And essentially we collect a lot of data and with respect to policies for commercial businesses, for private clients, for subscribers, et cetera. And I also manage an innovation portfolio for the organization. And so essentially I'll work with our business stakeholders within the organization to figure out how we could accelerate new businesses, accelerate new capabilities with the use of technology. Right? Stu's excited. That's a big, big, big role that you have. I want to send the regime you have for security. So the CISO reports to you. Yes, sir. And there's a separate CIO. Is that right? There is. Yeah, so I report to the Executive Vice President and CIO of the Cooperators Group of Companies. And my responsibility within the organization is to report back to our CIO and all the responsibilities that I talked to you about. Okay, so the CISO technically reports up through the CIO. The CISO reports up through me into the CIO. Yeah. Which is, that's a whole another interesting discussion. Maybe if we have time we can talk about that. Absolutely. So a lot of data. I mean, we think about insurance company regulated. You got your claim systems, which are critical. You have your agent systems, which are also critical. Different types of data. Both data on customers, but when you talk about the data that you guys collect, where's it come from? What are you trying to do with that data? Yeah, so I'll start with the motive, right? The problem that we're trying to solve. And so I'll say first and foremost, we're an insurance company. We offer assurance and protection to our clients, right? And so in the process of offering assurance and protection to our clients, they entrust us with massive amounts of data, like as we mentioned before. But we also need to set a good example because a lot of the assurance, some of the assurance that we offer to our clients is also cyber protection. We offer cyber insurance to our clients. We need to set a good example. We need to demonstrate resilience, right? Splunk is a primary tool in our arsenal where we're showing our clients that we have good resilience to be able to detect and respond to security threats when they happen. That's part of our mandate, right? So our responsibility with respect to using Splunk is to collect data from all of our major systems within our organization. We use Splunk to monitor. We use Splunk to detect. And we also use Splunk to respond when something is going on. This is really interesting.  What many, if not most, insurance companies would do is say, okay, what's the history? And are there any high profile breaches? And as opposed to what you're doing, sounds like you're really inspecting what the policies and the procedures and the technology of your clients is. Well, I think you hit on an important point, right? And so the important point is that the art of actuarial science is to rely on a lot of history in the past to predict the risks of the future. But the reality is that model is falling apart very quickly because there is very little history for cyber threats. And the other aspect of it is, it's inconsistent, it's evolving, and it's changing on a regular basis, right? And so that's why you use platforms like Splunk. Use platforms like Splunk to detect new threats and to advance new correlations. What should we be concerned about? Which threats are relevant to us? Which ones can we ignore? And unless you have good platforms to do correlation, unless you have good automation, you're going to need a large army of people to chase things that might not be relevant to either you or your clients. Tony, your industry usually has quite a bit of M&A is to kind of fund the growth that's going on. Curious, how does Splunk and your data strategy fit into M&A type? Yeah, yeah, and so I think that's one of the biggest potential uses of Splunk for us, right? And so the way that insurance is evolving right now is insurance companies are all trying to figure out how they get involved in the loss prevention game, right? In the past, it's all been about assurance, right? It's all been about protection. And so when you think about the internet of things is one of the biggest untapped opportunities for insurance companies, it's all about data, right? So smart homes, smart buildings, cars outfitted with telematics, so it's every history, you wearing wearable devices so in terms of health and health insurance and life insurance protection, et cetera. All of this data is meaningful to offer value to clients beyond what we've been able to do in the past. One of the things we've looked at, I know the industry's looking at is, well, how do you value that data? Is that something your company's gotten into? Yeah, absolutely, and so part of what we need to figure out is how to model that data to give the right level of engagement to the customer. So to create that two-way engagement with the customer, right? How am I doing? How am I driving? Is the weather a threat for me in the foreseeable future in terms of things that I need to protect? Is there a hail storm coming? Should I have alerts and ask clients to move some of their valuables indoors? I mean, all of these are things that will increase that engagement with our clients, because face it, with insurance, your clients engage with you two times a year, right? Two major times, policy renewal, and if they're unfortunate enough to have a claim, right? We need to have a better game, much more proactive game with them. So you're, in a lot of ways, a risk consultant with your clients, right? So describe that. So your client comes to you, says they're interested, or you go to them, you're interested in security, insurance. Where does it start? Do you ask them you have Splunk? Do you advise them as to, or do you go and look at their policies and procedures? Well, how does it work? So I think Splunk is one of those valuable assets that enables the capability, right? Insurance, the game is becoming all about data, having massive amounts of data, and being able to use that data to help assess the risks for a client properly, right? Because without having good data, everything is a great guess these days. I mean, with climate change, with cyber risks evolving, with customers' preferences changing, data is going to be the meaningful difference in terms of understanding what risks a client has, what the probability is, and how to write a meaningful policy for them, where they're engaged, and they understand it well enough as well. Understand it well enough to prevent some of their losses, and that's really the issue that we're trying to figure out. How do we help clients understand their risks and then prevent losses, prevent or minimize losses for them? And in what role does Splunk play in that? Are you a client? Are you an advisor? Or you encourage your customers to use Splunk? How does it all work? So we're talking about our future roadmap right now, and this is what we're trying to figure out with Splunk. This is where we see the strategic opportunities with Splunk, right? And so when we look at the cooperators, the way that cooperators has been using Splunk in the past is for their security sim. We were one of the very first large companies in Canada to put our security sim on Splunk. We were the very first large company in Canada to put our sim in Splunk cloud, right? And so we were very proud with being able to work with Splunk for charting that course, right? For setting the example. Our next course is how do we leverage a platform as powerful as Splunk now to give value to our customers? We're protecting our customers' data assets, and now it's about returning valuable insights back to the customers in terms of loss prevention. That's our forward-thinking approach in terms of how we stay ahead, in terms of leveraging this as a unique asset, as a unique capability. So your leader, you've got street cred, you can now extend that to your client base. I mean, for an insurance company, risk, you know, chaos is cash, as I like to say.  And to the extent that you can help clients mitigate that risk, it's win-win. It's essentially, for them, you know, the reduction in expected loss, it can actually, I hate to say this, but it could actually pay for the insurance, which is, I would think, attractive. It's a massive win, and I think, you know, the other part that people need to think differently about is the way that people consume insurance will change dramatically as well in the next 10 years. How so? And so where you think now that, you know, your typical home and auto insurance, you will buy an annual policy. Well, the reality is that home sharing, car sharing, ride sharing, insurance will change to what we call episodical, right? And so essentially, you'll be consuming insurance for an activity, right? And the only way that you'll be able to sort of drive that activity in a meaningful way is to have a lot of data on that activity, right? Where are you driving? How did you drive? You know, what are the risks associated to when you're driving in the geography that you're driving? Where are you renting out your home? What are the rooms to which client? And so understanding all of those elements give us the best opportunity at giving you just-in-time insurance for the right risks. Insurance as a service. I love it, personalized for me. I mean, the model generally, as a consumer, is broken. It's very bespoke. Insurance company doesn't know who I am.  And I don't even know what half the time they are. That's exactly right, right? And the only way you're able to personalize is to have all of that data on an individual, on a company, on an event, right? So we give you insurance for you based on your needs, based on your risks. Tony, we know there's a lot of AI happening up in the Toronto area. Maybe our audience might not know. Tell them a little bit about that and how you're thinking about AI and what interest you have and what Splunk's talking about when they talk about AI and all that. You're absolutely right. I mean, there's a massive amount of artificial intelligence activity in the Toronto Kitchener Corridor within Southern Ontario. I would say it's early days for insurance in terms of how we leverage AI. I think some of the early wins for us have been what we refer to as chatbots or virtual assistants, right? Helping clients. So this is basically speed and convenience for clients, right? Clients need to know something very quickly, very predictive, short-tailed answers. We're there for customers who choose to do that. Where it's going next is helping clients assess risk and predict outcomes associated to risks, right? And so there's a lot of different use cases that we're working. We have partnerships with startups, partnerships with mainstream organizations like Splunk is an important partner for us in this area and, of course, academic institutions that are investing, right? This is all part of it. For the sales channel, for the risk channel, for claims processing. So imagine being able to submit a claim on a mobile device, gathering all that data, being able to correlate that data to say, we've seen this before, right? Based on the correlation, here's your damages. We could process this as quickly. Here's the experts you need to go to. Here's the restoration facilities that you'll engage. Those are massive opportunities for client service and for an ability for an insurance company to settle things quickly, right? We're talking about weather before. It's obviously a changing dynamic. It's a changing variable. And now maybe it's modelable, I don't know.  This is boiling seas as we've heard. What are you guys, what's your position on that? How do you accommodate that and pass it on to your customers? Well, I think this is what we're well known for, right? And so first of all, we're not going to be able to control the weather, but what we'll be able to do is prevent it from getting worse, right? And so when you'll hear the leadership within our organization talk, especially our CEO, our CEO is very passionate about building resilient communities. And that starts with making sure that we're building communities in the right spots, not in flood plains, not in areas of high risk of forest fires or other things that you could potentially prevent within a certain geography. And so that's first and foremost, right? And so we're a leader in this space in Canada. How do you become a leader in this area? You collect data, understand the geography, understand the trends associated to it, understand the future risks associated to those geographies based on weather trends, and then lobby governments, builders, entrepreneurs, everybody, land development consortiums, to say we need to build communities in better places. We need to build more resilient communities. And then thereafter, it's making sure that you're leveraging data to be able to predict and minimize losses for clients in those areas, right? And that's what you'll use weather data for, right? Who do I need to alert? We have threats on the way. What can we prevent? How do we minimize these losses for Canadians? I think the big risk that we all need to understand if the weather continues to change at the same pace, people will not be able to afford the risks, right? And so the insurance will rise exponentially and we won't have a sustainable model for the future. So it's clear for you guys, it's really all about the data. One of the challenges that a lot of companies in your industry have is the data, it's about the data for them too. Insurance companies, you can argue, IT companies in many respects, they develop products that are put together by technologists. But a lot of the data is in silos. Has Splunk allowed you to break down those silos and is that in part why you're a leader? Well, I could talk about where Splunk has been able to offer us that ability is with security, right? And so we have data, we have information security, log data associated to our systems and our application everywhere. On-prem, at-partner sites, in our agency offices, on different endpoint devices, in the cloud with our different service providers. So what Splunk has been able to do is us to be able to aggregate that data, consume that data, build valid use cases, and to correlate that and raise proper alerts, right? That's our main priority right now is to build resilience with information security. That knowledge will take us to these other areas that we want to do and offering now the value back to our clients, right? Embed that value into our product offerings is our next logical step. Awesome, Tony, thanks very much for coming on theCUBE. Really appreciate it. You're welcome. It's good to meet you. It's been a pleasure. Have the leaves changed in Toronto? Yeah, it's Toronto, by the way, Stu, no tea. It's coming, it's coming fast. Right, right, any day now. Dave Vellante for Stu Miniman. Thanks for watching. We'll be right back after this short break. You're watching theCUBE from splunk.conf18.


Rwy'n spokio ar y dyfodol, David. If people are divided from religion, from race, they're easy at they control, the masses are easy at they control, because everybody's fighting and arguing who's beliefs are right, and for me personally we're all equal, we all deserve a chance, and to set limits on yourself, you're crazy, because everything is limitless, you're the one who can control and take whatever you want to do out of life. For you, when you started your journey, David, obviously you went through the Terry Wogan show, which was massive for you, because you came on that show and you spoke out how you believed in and the things that you've seen, and the things you were educating yourself with, because you always say the ridicule which I believe was, it's sad when you watched that interview, when you were going on that, did you know that that was going to be the outcome? Yeah, it's kind of funny. People said to me, didn't you know that would happen if you said this and said that? And I thought, I said, well, do you know I'd work that out? But you say it anyway, but you see, there's a lot of background with that, because I was going through my life, I left school at 15, I didn't take a major exam, because I went to be a professional footballer with Coventry and others, and then my career ended with rheumatoid arthritis. I played a whole year of league football with rheumatoid arthritis, that's the whole story in itself, but what that did is it developed in you, because all these things are within us, and experience brings them out, and if you don't have experience, often they don't come out. So I have this phrase, life tends to give us our greatest gifts, brilliantly disguised as our worst nightmares, because often our worst nightmare will bring things out of us that wouldn't otherwise happen.  You're developing people who are always looking to be protected, and look at what we have now, and once you have a generation or you have a population that wants to be protected and perceives itself all the time as being a victim, where does the point of power move? It moves to authority, because people look to authority to protect them from what they fear or what they feel victimised by. So what we've been developing is a population of emotionally weak people who perceive themselves in terms of victims. When you have challenges in life and you meet them, it brings something out of you. So for instance, when my arthritis came, what else am I going to do at that time? I wanted to be a footballer. I wanted to be a footballer since I was a kid, and now I'm joined to swelling up and they're telling me I'm going to have to pack it in. Now I've thought I'm not packing it in. I want to give it a go. So I went to a club called Heroford United that was at a league club then, and I played the whole season with rheumatoid arthritis. Every morning when we were training and warming up for training on cold English mornings, I was in agony, and I would be limpin and what have you, and the players would say, what's wrong now, Ike? I would give a different excuse, or I've got a bit of a pull, or I've got a bit of a blister, but actually it was the same thing all the time. I played the season out and eventually it got so bad that I couldn't carry on, but it brought something out of me, this determination not to give up and not to give in. And I was very interested in journalism. So I became a journalist and long story short, I eventually became a television presenter. Very well known back then? Yeah, I was. I was a national television presenter in those days.  What has it done? You're the person you are. You wouldn't be the person you are now without them. People say, well, I regret that. The thing to regret is if you don't learn from the experience. That's the regret, but learning from the experience, well, you're just like a gift. What are you regretting for? So I went into journalism because I was very interested in that. I eventually became this television presenter. When you look at my life as I was saying, all the different elements of it, including going into journalism and seeing the media for what it is, going into politics with the Green Party and seeing politics for what it is, I didn't know at the time, but they were all giving me very, very important understandings that would be useful later on. Then what happened is, this is a kind of bizarre story, but it happened. I was in the Green Party and I was still working for the BBC as a television presenter, and both were leaving me completely cold. It's not a great organisation to work for if you care about the truth and you care about more than the official version of everything. I also was looking at the Green Party politics from the inside and seeing that it was just like every other party. What do I do with my life now? I can't go on with either of these. What happened was a very strange thing because in the early part of what would it be 1989 I started having this feeling that when I was in a room alone I wasn't alone and there was an atmosphere there there's something there and through 1989 this got more and more and more powerful to the point where in early 1990 I was working for the BBC and I was staying at a hotel called Kensington Hilton just down from the BBC headquarters and I'm sitting on the side of the bed in this apparently empty room and there was such a sense of a presence there that I said into the room if there's something there would you please contact me because you'll drive me up the wall. A few days later I'm on the sea front with my son Gareth, a little boy then, in-ride where I live on the Isle of Wides and I go into this news agent shop where Gaz was looking at one of the books and I said to him Gaz will come and get some lunch in the town and as I said it it was like the atmosphere changed like the energetic feel around me changed and all I heard it wasn't a voice it was a very strong thought form it said go and look at the books on the far side and I'm standing there thinking you know basically what the so I start walking across to the books in a days thinking what is happening and I knew this book shop the books it sold were for the tourists that come to the Isle of Wides they were basically mills and boon and perfectly formed English roses and having relationships with perfectly formed uniformed soldiers and all this stuff so I'm thinking where am I going over here for but right in the middle of these books was one called Mind to Mind by a woman called Betty Shine a picture was on the front it was different to the other and I read the blurb and she was a psychic an English psychic and she was telling her life story so I bought the book read it in 24 hours found it very interesting contacted her because I wanted to go and see if she would pick up what the hell was happening around me for the last year and so I went I told her nothing what I told her was because she did this hands on healing as well exchange of energy it's not mumbo jumbo it's an exchange of energy it's just an exchange of energy that's all it is but anyway I told her that because I said I've got arthritis maybe it will help because I didn't want to give anything away what was happening to me so I'm sitting on this bench this medical type bench in her front room she's chatting away and she's doing the whole hands on healing just next to my left knee and suddenly the atmosphere changed again and I felt like a spider's web on my face now what hit me was in her book she said when other levels of reality are trying to lock into you you sometimes feel like a spider's web on your face well I know what that was now it's electromagnetic energy you know when you're in a a football crowd of great emotional excitement you feel like a charge of energy the hair stands up on your neck that's electromagnetic their electromagnetic fields so that's what I was feeling but it did feel like a spider's web on my face and I said nothing to Betty but I'm thinking what the hell and then about 10 or 15 seconds later she reels her head back and she said my god this is powerful I've got to close my eyes for this one and me bombs for going further down the what have you got yourself into here Ike and she starts telling me in March 1990 that I'm going to go out on a world stage and reveal great secrets I would face enormous opposition but they, whatever that is would always be there to protect me and that there was a shadow over the world and there was a story that needed to be told that humanity was going to go through a phase of waking up and coming out and basically it's coma which is programming and that I was going to go out and do that one man cannot change the world but one man can communicate the message that can change the world was one of the things she said and I'm sitting there I'm a television presenter for the BBC I'm a national spokesman for the Green Party and I'm thinking what are you talking about and so I then leave her and get on a train she lived near Hassex in Sussex or in Hassex actually and then I drove up or went up on the train to present a television program but from that moment on one of the things that was said that she said because she said the first thing she said she had no idea about this interaction in the Kensington Hill she's saying that they're telling me they know you wanted them to contact you but it wasn't right and now you've been brought here to be contacted and they said they're saying that you're going to be led to knowledge and at other times knowledge will be put into your mind all right so anyway see at that time David did you think she was maybe crazy because you didn't understand that or I don't know because when you speak out about stuff like that people go well he's maybe crazy but again it's judging people and everybody's in their own different paths yeah I mean what I've been like may all me life is I've never dismissed things that I can't know absolutely are not true I have this policy I put things on the back burner and I see what comes and if more information comes to support it more information comes to support it there comes a point where there's so much information supporting that that it crosses the line and you know you start to say okay I accept this is what's happening but I don't just dismiss things and never have on the basis that they're different just being the way I've always been was that the start of your John Lennon going to those women and everything like awakening us but it's awakening yeah it was and you know one of the one of the things was that it was going to be tough and so when I left that left her house and got on with life very very quickly synchronicity coincidences started to occur where I'd meet people come across information come across books come across documents whatever that was starting to like hand me puzzle pieces and I started to realise is it built up and it built up and it built up that actually the world was not like I thought it was well not like I thought it was I didn't really have a view on that I never did believe that politicians around the world I always felt there was something else but you didn't know what it was now I was beginning to understand another thing that happened is that I would get just a knowing that this is how I think this is what's going on here and then what would follow would be names, dates, places hard factual information that would support that view which kind of connects with we will put knowledge into his mind and this has gone on now for 30 years and it's gone through different different phases of information and it's taken me down an extraordinary road of uncovering the world as it is behind the facade of what we're told it is and of course it's taken me into realms of enormous ridicule and enormous abuse but we come back to the greatest gift often that you ever given is your worst nightmare or what appears to be so if we go back to the Wogan show because what happened eventually is I went on the Wogan show and talked about what was happening to me and at that time I was right in that period of the Wogan shows period of about three months I was going through an enormous transformation of that you don't understand I didn't understand no because this is what happened just very very very briefly is that I I suddenly got this feeling I needed to go to Peru I didn't know why I'd never been there I watched them play in the World Cup a few times but I didn't know anything about it a long story short I ended up in Peru and a series of enormously amazing things happened to me and it culminated at a place called C.U. Stani which is near a place called Puno near Lake Tidicaca highest navigable lake in the world they say about 13,000 feet and I ended up and a series of synchronicities again at this so called Inca site called C.U. Stani which is all Inca ruins on a hill and there's a lake and mountains right out in the middle of nowhere and I went and I looked around it and then I'd hired this taxi and this guide came with me and we're driving away from C.U. Stani and I'm just daydreaming which I do all the time daydreaming out the window mine wandering and I'm looking at this hill as we're coming towards it and as I looked at this hill all I could hear in my head was come to me come to me, come to me you know and I'm thinking I was introducing the Snooker not long ago actually and now this frickin' hills talking to me he's like it's what's going on Steve Davis Jimmy White all his forgiving and so I asked the guy to stop I said I won't be a minute I'm going up that hill and I walked up the hill and I didn't know where I was going or why and there's all these kind of stones it's kind of a circle like of stones and I walked into the middle and it's beautiful and there's not a cloud in the sky it's a pure blue Peruvian sky piercing sun red nose to prove it and I stood there and what happened to me then happened to me I cover this bit in the new shop in Rhyde where I'm standing there and suddenly I feel like my feet are being pulled to the ground like magnetically and I'm feeling like a drill in the top of my head and the atmosphere changed again only this was much more powerful than the new shop and I heard this again very strong thought form go through my mind which said first of all they'll be talking about this 100 years from now what? and then which seemed absolutely crazy given the sky and the sun it will be over when you feel the rain right and then what happened is my arms went out like that without me making any decision to do that and then this energy got more and more powerful and in the end my body is shaking and what was happening it's like when you're driving a car and you can't remember the last mile your subconscious has been driving the car thank goodness I kept coming back to some kind of consciousness and then going back somewhere else and as I came back to consciousness at one point my conscious mind I noticed that over the far distant mountains there was a light grey mist and I'm watching it and it's getting darker and it's getting darker faster and I think it's freaking raining and then over not very long the whole thing took maybe I don't know an hour 45 minutes an hour this storm came out of the I mean you couldn't make it up if you put this on a movie they'd say oh come on it happened this storm is coming towards me and you know whether people talk about a front well this is a front it's a straight bloody line I'm looking up it's literally out of some crazy movie and it's not just raining it's stair rod rain and it's coming towards me and I'm standing there and I'm seeing this wall of water coming towards me it's like something out of bloody Moses and the freaking red sea and by this time my body's shaking like crazy with this energy coming through me and then the water hit me I mean immediately drenched because it's stair rod rain and bang the energy stopped and I staggered forward like Bambi because my legs were gone and there was energy pouring out my feet and pouring out my hands and it's still pouring out of my feet I couldn't sleep that night because of it and something changed I people could imagine you lived your life in a bubble literally a bubble of information a bubble of perception and someone's come along without any warning and popped the bloody thing and suddenly everything that was outside the bubble was pouring in so my mind is absolutely awash with information, concepts, insights what the hell's going on just a chaotic mass of information and thought and everything and in that period it lasted about three months if you'd have asked me my name I'd have checked and that it was in that period in my turquoise shell suit that I went on to the the Wogan show and everything that happened and after about three months after all the ridicule all the newspapers and all that stuff basically you know when you press too many keys on a computer and the computer freezes says I can't process this well that was me there was so much information pouring into my conscious mind as a result of that experience in Peru I couldn't process it you basically froze what happened after three months is it unfroze now I'm the old David again but I ain't I'm seeing the world in a completely different way I'm seeing, as they say when you read a newspaper the truth is in the white bits not the words the bits in between so I was seeing things and connections that I couldn't see before Did you ever question yourself there and David they think I'm allows in my mind do I need to go and get help and just feel right for you to understand that a bit more well it felt right to me I completely understood it then it felt right to me and I did what I always do like I've just mentioned earlier I thought okay I'm going with this and we're going to see where it's going to go and I didn't know where it was going but I'm going to go with this and see where it goes and people were coming up to me after that you know you've got mad you're the same Dave I used to know but I wasn't, I appeared to be but I wasn't I was seeing the world in a completely different way and of course in a world which is overwhelmingly programmed to see the world in a certain way it's what happens through the education system and the media and peer pressure it's very very narrow band of sense of the possible sense of what is when you start talking about things that are different to that then immediately the reaction is you're crazy because you're both but what followed what followed of course was mass ridicule the wogan show and people said it must have been horrible well it was but it was the greatest gift I ever have been given because it set me free of the prison that most people live in which is the fear of what other people think when you literally can't walk down the street without being laughed at I mean I live my life for a long time after that to the sound of distant or even close laughter going into a pub, forget it and so you either go under and you disappear or you come out like steel honed in the fire and you let go of this this prison this ball and chain that most of the population of the world live in the fear of what other people think most people the vast majority of people because of this fear are not living their truth they're not living their life they're not living their uniqueness they're living what they think is acceptable acceptable to other people's version of what they should be so they go through mental gymnastics before saying things even more today with political correctness and all this bollocks what can I say so they won't say I'm this, I'm that or what can I say and how can I say it so they won't think I'm mad now when the world appears it wasn't the world, there were others that saw through it certainly appeared to be the world and was the vast majority are ridiculing you mercilessly I mean someone only had to say my name in a comedy thing I remember David Frost just mentioned my name in a raw variety performance but the audience laughed no joke necessary How did that affect you and your family did you ever think that moving away or that you think to yourself I can't handle this you ever saw a side door anything David No absolutely I'm a stubborn bug at me and the more you tell me what I can't say the more I'll say it the more tell me what I can't do I'll do it but there was something obviously you've got confusion what the hell is happening to me what's happening but there was a core beyond that that somehow just knew this was going to be okay and it was leading somewhere some knowing that you can't really explain and I'll tell you a story a true story I'm sitting in the seat on the Wogan show and he's talking to me and the audience are laughing and David Ike the experiencer experience rather not the experiencer the experience was dying but something something beyond that was saying to me as it was happening this is leading somewhere it's going to be okay it's going to be fine it's going to be okay wherever that was coming from that kind of kept me going through all this period of ridicule and you know I didn't know at that point of course some of the things that I was going to be talking about I didn't know what was coming and what was going to be uncovering and all that stuff and that show David you covered because you went back on the Wogan show which you did apologise for it came through so again that's showing that you stood up for what you believed in it did come through


Okay, good morning traders and welcome to the book map webinar with with Oliver sparring here. This will be in German. So this is for our German speaking audience. He's going to go through his trade analysis and he's going to go through then analysis of the market structure and then potential trade setups and then live market analysis. So a little bit about Oliver. He's been trading. Well, there's do we have a description is in the YouTube page there and also on the discord page for the special events. I do have his website here and I do have his Instagram. I'll be putting that into the chat so that you can reach out to him if you have any questions. So we need to go through the disclosures and I'll turn it right over to Oliver. General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors. Pass performance is not necessarily indicative of future results. Alright, so let me turn it over to Oliver and share his screen here. So are you ready Oliver? I am sorry. I just had to open my door because I've just seen that my internet connection doesn't seem to be very good. But now this should have solved the problem. Alright, we are excellent. Let me pop this out. See my screen by now. Yes. Okay, we're all good to go. Perfect. Okay, then again, a warm welcome here on Monday afternoon to our book map live stream. My name is Oliver Sparring. I have been a trader for 11 years. I have been working closely with the team of book map and also with the team of trading to win together and we will take a little bit with us today in the world of day trading. Before we start, I would also like to briefly show you a little disclaimer risk proof that you should now see. You know that this is not an investment advice. We are showing this stream here purely from educational purposes. Each of you is dealing with your own risk and trading with futures. I'll save you the rest of this text to read. If you want to take a look again, you can pause the stream at this point or read a little bit later. What do I have with you today? Who has been here more often knows the whole game now. Surely we will look at two analyses of my trades for each of my customers in the Sparring Investment Academy, in which I am in my trades per screen recording, so that the whole thing is good and reliable afterwards. And today I would like to show you a trade from today morning in the CLR oil future and another one that I think I did in the ES last week. A few situations in any case that you can show and explain very, very well and that you can certainly take a whole amount with you. Part 2 is then our analysis of the market structure. We look at today's trading day together. We switch our chart to 0 o'clock and do a small market structure analysis in the ES with the help of the Volume Pro Market Profiles. This is the future on the S&P 500. And we'll see where interesting trading locations are today that you can use for potential trades. When we did that, of course, we immediately jump over to the bookmap and look at what the ES is doing, especially what it might have been like today for a chance. And where are we currently in the daily course and then of course look at the liquidity distribution and where we could possibly be trading now. Otherwise, of course, you can ask questions during the whole webinar, no matter if you are watching us here at Discord or YouTube. Just write it in the chat. I will take a look at the chats every few minutes and see if there are any questions that have come up and of course answer them. So, that's almost like a bottle of water. Let's skip that. Let's jump right into the first trade and we had it on the 11th in the ES. That's not the one I wanted to show you. I just saw one second. Then I have to... Exactly. That's the one on the 11th and that sounds better. So, I'll take a short break. So, what do we see? We see the following. We are here in a temporary trading trend in five minutes. If you don't know the whole concept here, I have here, of course, Bookmap, which opens up my main trading software, where I then watch the order flow live and in real time and the actions in the order book. And I use the Adas software in the background to, of course, look at a five-minute chat or a food print chat for me so that I have an overview of where I am currently looking at my levels that I define in the afternoon and, yes, just here a little bit about the current market structure. Now we see here, we are in a temporary trading trend in five minutes and we come here to a trading location that I have registered there in the framework of my tomorrow's market analysis. That's always a good sign. In this case, it means that I actually went out of this here at this point, that it comes to a rejection, that is, that there will be trading owners who will make sure that this price level is protected for here. Accordingly, this temporary trading trend was rather short because it just had two meanings from the overordered picture. So now let's let the colleagues run here. The whole thing, as always, runs a bit fast so that we don't have here, I don't know how long the trade went, 40 minutes or so, so that we don't have to look at the whole thing here in real time. We see very, very nice. We are looking at a larger quantity down here and we have here indexes that can be seen in the order flow that the market has given us here, which has left the end on the rejection trade through. So we are here on the order, the market immediately reacted to the order. A part of this order was filled. In the first line, however, it came to an exhaustion situation. That means that massive markets were pushed in here. However, there were immediately active buyers in the market. We can see very, very nice down here on this line. By the way, I use the trade file in the bookmap software in combination with the trade finder plugin extension, a very, very useful plugin that we observe in order flow on a daily basis and use. Just very, very nice, visualized and, of course, also gives off acoustic signals. So we see here a stop run at a height of 300 contracts. This is a single large stop order that has been filled here, which has flown here, which is a huge stop run. In addition, as I said, our limit brick wall here seems to be kept in the ask, even if a part of it has been worked off. The buyers have first of all pierced absolutely the teeth on this order. And as I said, market aggressors are immediately what is down here on this turquoise color in this price dynamics plot line from the trade file. It is very, very nice to see. So it has immediately come to the opposite side. That was enough for me to open the trade here. I mean, I've been here with two contracts short. Exactly, I just scaled in here, opened the first one up here, and the second one a little deeper. And as you can see, the buyers immediately came back in after that. And there was then the breakout over this level here. Now you can see my stop order. It's about 7, 8 ticks above the level, so above the large limit order in the ask that we had seen here before. Here I had a pretty heavy pig for the first time, which did not fly out of here. Then there is a small spoofing situation here. This means that there will be buyers on the side of the limit. So here in the bid, the orders will be strengthened and broken. And that is, it is related to the limit order that is placed in the vicinity of the course and spontaneously in the market. They usually make sure that the course of this limit order is pushed away. Liquidity that has been in the market for a long time, like this big limit order here that we can still see well here and which is also far away, even if that is of course a very relative term, which is placed away from the course. Usually it is about real orders. And here we can then also assume that it is about liquidity that draws the market like a magnet. The market always wants to tend to the maximum liquidity. That shows us here below this white line, in this case in the trade finder. This is the so-called imbalance line. So it shows that we have a clear overweight here on the ask side. And accordingly, the course also tends to go up. In this case, I have just been stopped here. And that is actually what I want to get out of here with this trade. You have to be able to adjust yourself to the current situation in the market. My trade idea that I had before, to trade this imbalance here, it did not work out like this. I have been stopped and what do I see now? I see now that we are very clearly stabilizing here above this breakout level. The buyers are always pushing hard here since the active buyer and we see now slowly also in five minutes how the delta here will not only be positive, but just stay positive. That's why I changed my market direction here and instead of assuming that this level will not be stopped, but that we had here at a pullback to this zone that we just had in the microstructure, that we should think more of the long direction here, because it looks much clearer afterwards than if the course can stabilize here above our level. The delta stays positive. The market speed is taking off here, tendentially. That means the buyers do not seem to have any great strength here to push the course down again. And as I said, we still have the imbalance on the ask side, which also speaks for the course to go up more tendentially. That's why I opened a new trade here, also with two contracts. However, now in the opposite direction, I have set up a new situation in the market here. I have seen the spoofing orders here, which pushed the market back and forth again. And accordingly, here my stop order placed under this great liquidity, which, so to speak, has provided for the breakout a few minutes ago. So now I see how the orders continue to be strengthened in the ask side and how the market buyers definitely stay on the ball here. Now there was a small stop-run here, in any case. And again, it has made sure that the course is now going up catapult-like here.  So, now there was a strong push since the sale, so here again the market was very, very strongly sold in, also with a larger order, which has not yet come through. And now we unfortunately see the opposite of what I actually hoped for, namely that the course is going down again. Nevertheless, I have now removed my stop order. We are now here, now we also see very, very nice, again in five minutes, that the breakout was successful here. We are now here with the closing course of the following five minutes, in the middle of the new range, so to speak. That was our previous range here, where we had the short-range here before. Then, as I said, the stabilization of the micro-range above the breakout levels, corresponding to the long trade, now it went up nicely here. Here came the next big limit order in the ASC, it was completely filled, the buyers could stabilize here. As I said, here was again strongly, more sales pushed in again. All these sales orders were here, however, absorbed by the passive buyers. So now here a temporary depth, which the market has created here, however, it is now going up again here. And so I was able to use this depth here very, very nicely, to pull back my stop order again. Meanwhile, here I also have my limit order, you can already see, brought down a bit from above. Here we have again a slightly larger limit order at 3860 points in the ASC and accordingly I said, okay, if we should now reach this price, you can see that it is also very, very close, defined where I had it anyway, with increased sales activity again calculated. Accordingly, here is my limit order, a partix under this level and is now also filled here. So, in total, we are now here with the previous loss trade and with the current winner trade with a net profit of $ 375. You could have let the trade run through here. We see, we definitely have a still an in-tact off-range trend here. You could have done that now that it would have been scaled out here first, that I may now take out the first contract here, with the second contract still in there. Now I have here, however, also seen this market volume stop signal, here again this exhaust signal. That can also quickly make sure that there is a very, very strong momentum run at the bottom. I didn't want to risk it in this case. I wanted to secure my profit here at the moment, and that was also the first trade of the day, too late hour here. Normally, I'm more of a foreman trader and accordingly, I took the profit here. Do you have any questions about this trade? I'll take a quick look at the Special Events Channel. Nothing has come yet. Let's take a look here again in the chat. There is nothing first. And then we'll take a look at YouTube. Here is Ronimus. Moin, Moin, Moin, nice to meet you from Hamburg. Then I would say, let's jump straight into the counterweight, as I said, a trade just from the 8th to the 11th, but very, very nice situation. It shows that you have to, as a trader, in case very, very quickly set up a new market situation, a new market situation, if one of the markets has exactly this signal. So now, to stick to my previous short description, although the market has clearly shown us that the chances are now more on the long run would have been absolutely meaningful and that's why it is important in such situations either to keep your fingers still, that's also completely fine, to adjust yourself to the new situation and then to trade in the opposite direction, which made sense here in this case. So, the 11th is the earth oil future and that is, as I said, a trend, namely the day before tomorrow. We have the 21st of November and what do we see here? We were in a temporary starting trend in the CL this morning. Here is a location, which I have defined in the market analysis today. I have given out to the top of this location. Here, too, a lot of volume has been accumulated, so that I actually went from a long trade at this level here first at the pullback. I went out, let the market take off here and continue to take his way up. But he has already seen that in this case here he somehow did not take over my attitude. Normally, I always have blue and white in the balance line. In this case, it is here bright red and bright green. I hope you can recognize that a few times. If the balance line is green here, then it means it is below zero and we have the majority of liquidity in the bid. And accordingly, the course also tends down. In this case, if it is red, then we have a surplus of liquidity in the bid and the course tends up to liquidity. In this case, we have seen that in the whole time where we stabilized ourselves above this level, we are always between red and green and it could never really establish a surplus in the bid. And then the whole thing went down more tendentially towards the bid. We also did not get a clear entry signal for a long trade. Here we had a small exhaustion situation with a bit of absorption, also at a slightly smaller level, a slightly smaller liquidity that I had on the screen. But it was nothing that I traded here. I really had the course here very, very ugly from this level. Then I immediately went north. I would have said that up here. So here there was no such nice entry anymore. I was able to come. I was a bit panicked, I have to say that. In this case, I simply left the field to me and the course then broke down afterwards. And now X-Act is at this level where we were able to see larger limit order in the bid. It has now come back to this level. And instead we have the absorption on the buy side. So here was X-Act. At that moment where the course had reached this level, extreme markets were pushed in here, properly absorbed. And on the other hand, here immediately the counterpart, market buyers in the market. And that was for me then the point of view also in view of the imbalance that we now have here clearly on the side of the bid. The moment where I went, I had two contracts put in, two limit orders put in, from which only one was filled. You can still see it. One is unfortunately still open here. Unfortunately, the course has forgotten. I didn't get it in anymore. And then I also got direct follow through here. A course is here directly with a lot of momentum in my direction. There are now also 13 ticks in the profit. Unfortunately, then only with one contract. A negative delta in the footprint chart. We can even see a cluster imbalance in the footprint chart. However, we are now here, of course, on the VWAP and shortly down there is the VPOG. That was no location where I would like to try. VWAP is maybe another story that you can use very, very nice for trades. At the VPOG I keep my fingers still, because you know there is the fair price of the market. There it can go in all directions. The first counter wind from the buyer and now the VPOG is pulled up. That would be the moment if I had got my fill with two contracts, then I would probably have taken out my first one to neutralize the risk here. Since, as I said, I was only short with one contract, I left it in here and now I have seen the next breakout under this smaller locale depth. So again, the buyers have taken over the rudder. Push in there properly. You can see it nicely. Down here again in this PD plot line, where we can see the relationship of passive to active market participants. When it's all red, it shows us that the aggressive buyers are sitting on the rudder. We now have a lot of momentum since our entry here at the pullback to build this level. That's always nice. Overall, I think the trade was only 6-7 minutes. That was really a very, very pleasant trade. Today, in the morning, at 9.30 am, you can see it. Now I have given it up there with my second limit order. I have taken it out now. And now instead, I have pulled the stop to the locale depth. And now the market buyers are pushing in properly. That's always a situation where I would be careful. WIPOC has already pulled it down. Because now, of course, it can also be very, very good for a simple stop-run. You see, we had a local depth here. We found food for the larger market buyers here. Just to get the stops from the retailers. And then push the whole thing up accordingly. Let's see here again. Of course, we also tend to be here in an upward trend with higher depths and higher heights. So this is of course a location where we were careful. Now you see a slightly larger order in the bid. And now you can see how the PD Plot is getting deeper here. So now the retailers are pushing in properly. And then, however, not much more comes up. And that was also the situation where I immediately managed the trade very aggressively and also reached my limit order. That should happen right away. So now you can see here that it is of course to be recognized so well. But now you can see here how again a larger sales order as Iceberg here in the market has been put in. It has also been filled in. But the retailers do not seem to really have the convincing power anymore. That's why I have now you have just seen this larger Limit Bid my my Limit Target. And then I'm out of there. I was definitely a very, very nice trade. As I said, if that's the way it is, then of course it's fun. And then, yes, that I was a little more aggressive towards the end, then also manager. And I'll show you that again. So we were here in total with 39 ticks in the win at a risk of 11. So a very, very nice CRV, too. And in the later course then it also came out. I haven't watched the whole thing for so long now. In fact, after walking around, it came back to this level twice. There was more or less such a very careful three-time ground here in the micro range. In that case, I was also very happy that I really got a very, very good price for my exit. I haven't looked at how it has been longer, longer-lasting in the CL. But that's definitely a situation where I then realize my win. As I said, if I were in two contracts, I would probably have been up here at a CRV of about 1 to 1 to neutralize the risk, we also talked about it in the last bookmap session for a long time about this concept and the second one with a wonderful CRV of a total of well, 3.5 to 1. That's where the questions come from. I'll take a look at the individual channels. Long straight to the north. That's what it looks like. Really recognized. I'll take a look at YouTube. There's nothing in there yet. Okay, great. Then we'll continue with the next point on the daily order. And that's our market structure analysis. For that, we'll take the ES and we'll switch the ES to tonight at 0 o'clock. I can always put this very, very much to the heart when you're doing a market analysis. Then you might as well go ahead with the matter and everything that has already happened on today is all the volume that was accumulated is all the price movements that we've already seen. They tend to turn off and that's why I always switch my chart very, very much to 0 o'clock so that I, so to speak, in weeks and days can see all two levels very, very well and not yet influenced in any way by the current current day. So, we see here on the left our market profiles and we see on the right our volume profiles. Again, a very short word. The volume profile basically in the vertical on the individual prices the more volume is entered or treated the longer the lines are here in the volume profile the market profile against how much time the market has spent on certain price levels so in a slightly different way market profile is much older than the volume profile both have but after all absolutely their contribution and their use for us. So, I basically go on that I take the market profile to define the larger levels the larger trading locations and the whole then in the volume profile we want this here of course at this point only on a relatively rough basis we don't want to spend too much time to make it even more exact of course, our customers learn exactly how to do it but we want to limit ourselves here on the most necessary and definitely take the yesterday's high and we take the yesterday's low and then let's see where the course is still so rejected is here very, very like to render from Volumenberg I can only put you to the heart if you are interested in the topic then deal a lot with the topic of auction theory price formation auction just on the stock why do these mountains now form why are the t-shirts where is the liquidity where do big market participants position themselves and make use of this knowledge from order flow so what we can see in book map and trading locations from my point of view really the key to a successful trading with which you can do well also from trading algorithms independent and sustainable profitable I actually wanted to do that so now we do a second so that they don't feel alone there you can find a level so you can see I mainly look for the areas where courses have been rejected and said if you want to learn how it works exactly and how the theory works then I would definitely happy to come to the conversation you can come to our website sparing-academy.de like to book at any time so these are the locations where I today on today's trading day especially after trading opportunities would look now of course comes here the big hour of truth where we the chart again the current data want to so so the whole thing looks like and now we want of course first here in the five minutes chart go where we can already see quite well the market has here in the middle of our advantage is high and the middle location that we have here opened is then first went down is actually just here through these locations run through and then but we have already seen here also today already had a relevance we have always seen the pullback from below to the locations here here because you don't see it now now a little bigger and crisscross a little bit around so we have seen the pullback here then we have here the attempt of the buyer seen through these locations here we have seen again here we have run again here we have run a little bit more here again the pullback on the location here again the pullback on the location so here already in any case more situations that show us okay our level which we have here so in the framework of the today's analysis have indicated that definitely has its relevance so now it is here now 15.34 we are now here shortly after the opening of the us session and we are currently here again at our level directly to the market once a heavy push up which then directly again has been borrowed and meanwhile we are now here again under the trading location and stabilize us now here a little bit and that of course especially a very exciting situation that we now together look at in bookmap before I look again briefly if there were questions so basically first of all as long as we now here below our locations is in any case at the trade location here is actually very often the word location sorry I would like to first of all search the short trades so far us the order flow gives green light and if we go down here to the day before the day then here would be long trades interesting as long as we can keep us within this advantageous depth we should now break through here and the course should now stabilize here above this level and really accumulate remarkable volume then I would rather pull back trades in the long direction hope here the whole thing, of course, but also depending on many different factors like the order flow itself the distribution of the limit orders so which in balance do we have and we look at that now together in bookmap so now I have to first of all my trade finder a little trickle so that he doesn't throw out too many signals here because it seems here pretty much to be in sweep blue we turn it up to 150 so what you have seen here is a so-called open test drive we had the market opening here at 15.30 the course is here with a lot of momentum ran in one direction has reached a certain level here you see here very very nice in the trade finder here this exhaust signal before this big limit order here and this limit order or from this event here it is now very, very straight down and the course is now running tangentially first of all in the opposite direction what do we have to say about the market situation let's zoom out a little bit first of all we are overordered tangentially and that shows us here our 15.30 overordered now I say in the course of the day is more in a sideways range we don't have a special day here we once had an exit to the top or we came from up here now we actually tend here more or less in the fair world in the area of the advantage so in this case is here first of all no great statement from the trend what we can see is that we clearly have our imbalance line here on the ask side means we have a overweight on limit orders on far-off limit orders on the ask side and I just talked about it that always speaks for that the course now also wants to run up because the big boys who place their limit orders up there they don't just do that from lust and greed but they think about something we always have to assume that the big market participants have more qualified information than we little retail traders and if they place their limit orders up there basically always he tends to assume that the course also comes there to fill these limit orders of course that's not always the case in trading of course we never have 100% security I hope that's clear but of course we have to use such objective information that the market provides us and draw our conclusions out of it so currently we are here in a rather nobody's country and also on V-WAP I already talked about it these are zones especially in relation to the V-POC where I basically don't consider trades especially on the current V-POC of the day because because the fair value of the market is here the most successful auctions take place here are buyers and sellers about the current price accordingly it can be that the course rotates around this V-POC for a very long time and at the end of the day it's a relatively realistic story in which direction the course will be completed or which party buyer or fair buyer will be completed at the end of the day we always want to look for our trades where the big liquidities are where our locations are where I say no successful auctions can take place and where accordingly wants to go accordingly Oliver, I'm sorry I don't know if you covered this or not but I hear some key words and that's all I can decipher however I'm just curious if you mentioned V-WAP with your volume profile studies so the amount of time accepted per price level I'm sorry Bruce I don't know if you can hear me but I didn't hear anything of what you just said because my internet connection was just gone for some seconds if you could just repeat what you just said so I'm wondering if you could maybe talk about if you haven't if you could talk about T-WAP or time weighted the general concept of time you mean do you look at those kinds of studies in your volume profile trading I do not look at the T-WAP I do look at indicators like the speed of tape or the auction speed that is something that I can definitely talk about because I think it's definitely a very interesting concept and a very interesting indicator that I personally look at I do not look at the T-WAP time and acceptance per price level in okay well anyway I was just wondering if you haven't mentioned anything maybe you could let's talk about Bruce about the concept of time in the broadest sense and that is a story that is very important regarding the auction let's take a quick look at the whiteboard one second I have to check if my ipad is over here I turned it off that was not clever it's on the your video camera I see something blue yes just give me a second okay why does it show blue now it shouldn't so it should be the main screen it's just I mean if you just open no no if you just open up if it was whiteboard you said it just open it up and show it that's it ah okay now I see this blue screen as the main screen yeah and now you should okay now it should work so we have two different factors on which we pay attention this is once the so-called auction speed can you see that and this is once the market speed long german words both concepts are equally important for the order flow and are things on which at least I can put that to the heart I can't imagine what you have to do but with which I would put you to the heart to pay attention and deal with these things what is that the auction speed describes in principle how many individual orders come per the orders per time unit it is not necessarily important how big these orders are we call this indicator speed of tape it is not necessarily important how big these orders are just the number of orders that usually take a second to measure it per time unit in the market come on the other side we have the so-called market speed which again describes in what speed the market moves from price to price so in the broadest sense how fast the market slaps moving moving fast or moving calm the output power that we can meet and the market speed is relatively similar basically it is always and with always I would always stick to it if we can see a certain order flow event then it pulls in some form both the auction speed as well as the market speed before before this certain order flow event happens and then maybe leads to a breakout we have an increased auction speed and we have an increased market speed we can so accordingly trading opportunities when we have the corresponding experience and we have been busy for a long time we can use these two factors to anticipate trading opportunities but we can of course also use them to confirm trade entries one concept is of course very important for us in the industry what do I mean by anticipating and what do I mean by confirming if we have for example a breakout to trade so here we come to an interesting trading location and in this trading location we have a lot of liquidity and we expect because the market simply in our market analysis or rather because we have a reason to have this assumption we now expect a breakout from this location now the market comes here and starts to rotate at this trading location then we will always before this breakout we will always see that the market in some form draws on what both the market speed as well as the auction speed now we can of course build trading systems this is not as easy as it sounds I can tell you that we want to position ourselves long before the breakout with the help of the speed of tapes that would be a concept on the other hand we can of course also confirm if the breakout then happens and we have just seen this increased market speed then of course we can use this to say that this breakout is probably legitimate and it is not necessarily about a fake breakout it does not mean that we want to simply click on the buy but we want to see that the price then rotates up here and does not immediately make the cut in the opposite direction then we can assume that it is of course about a fake breakout but to summarize this now no matter if you want to anticipate or want to confirm your entry in some form the auction speed and the market speed play a huge role under the line tells us the market especially when we watch the order flow with everything that belongs to it be it the data, be it the liquidity be it exhaustion runs be it just such stories like speed of tape the market tells us in some form always a story and as a trader we have to learn in some form to interpret this story to pull out our keys and to bring the probability on our side as I said 100% probability we will never have this speed of tape we can simply very very use this story that the market tells us to undermine and accordingly to improve our trading to confirm better or even who is interested in this as I said, this is tricky to anticipate to use trading opportunities so this to this topic speed that is definitely a concept which you should look at because it is very very exciting and I think now my webcam here should not be gone anymore now it is gone, now we see again bookmap, exactly where you in any case if you deal with the topic order flow definitely a look should be thrown in from the end so we are getting closer so slowly the end of our session I would like to use the time again very briefly to make a little bit of advertising as I said we work very very closely with the Sparring Investment Academy and bookmap together we have a affiliate link here if you want and you are interested for the bookmap software then you can book a special offer over this link here the global plus variant for example for the cheapest price of 145 dollars for the first three months or here the global plus annual version for 579 dollars instead of full price which is definitely a great price to be warm with the software and to deal with the software first of all intensively the affiliate link I will also post the affiliate link again at the end here in the YouTube chat of course we also have our own offers within the Sparring Investment Academy you can find us at sparring-academy.de my name is as I said Oliver Sparring, you can send me an email at oliver.sparring-academy.de questions about trading bookmap orderflow in general I definitely answer you can also book a free conversation with me on our website and then we will chat about trading otherwise we have two training for trading, this is our part-time trader where it is about the option trade and long-term trading system where you can trade with a limited time or of course our professional trader where it is very intensive about a training for a professional day trader whether you want to do that later, or of course leave you alone otherwise we have a YouTube channel and we also have a Spotify podcast called the Börsenschule we would definitely be happy to hear from you let's see if there are still questions here once in the chat in the special events room there is nothing further then we look again at YouTube thanks for the explanation very, very much so if you still have questions, we are still here five minutes online, then you like to put them in the chat, I definitely look here again so otherwise we see that of course the concept that we talked about here before the course is about liquidity we now see how the prices are increased and how the prices are running here in the direction of our ask in balance of course does not mean that you have to continue to do that or that you always do that here was the course finally also on the ask side stronger but is of course said trading is a game with probabilities we always want to bring the maximum probability on us bring on our side and we currently see on the ask side nevertheless if I were here at the current time point now with potential long trades carefully I would definitely wait for the first time what happens with the big order up there at 3975 so either we get pullback is now but for my personal trading approach difficult because as I said here the current V-Pock of the day is there but now we have here very nice on our trading location that we should not forget we have these locations on the basis here that is, we could not know what happened at the current day and yet we have these great market reactions here on this location but surprisingly often so now we are definitely ran through and now here stabilized now here in the meantime also volume accommodated is found both sides from both sides of the auction instead so that now here already a pullback at this level would not be quite interesting 3963 points yes that is here so in the area where we have here the breakout from the micro range here 3961 3963 I personally would that here too close to the V-Pock personally would be the chance too big that once to his fair value want to return and then start again to rotate around accordingly which first be careful what potential long trades goes on the next level up where do you have that oh that we have a lot a lot higher that is here at 3992 that is our advantage is high that is still a whole piece removed in this case I would now here but look here so we see in any case that the market this level here on the Sherman 3990 a few larger limit orders that is of course already interesting fact 3977 where we now here 975 where we now here this board on ask orders have there we now in our tomorrow's analysis first no trade location had for my personal trade style I always want that where and what to answer I know you often ride around that concept you want for you at all trades in view and when the course is there then you don't just want to buy or sell click but then you want to observe order flow and then you want certain order flow events like for example speed of tape or whatever always see you then so confirmation for a entry also give so and if here now a basically great trade situation in order there is simply on the basis of order flows but we are not at any location then I don't want to open this trade that can of course each of his own his own his own style but I just always want to answer both questions I want to be at a trading location that I have already defined and if I am at this trading location and have my where then I want to answer what order flow events see that so show me in which direction market is going to run so accordingly up here of course very exciting when the order here is actually filled then to see we see here the reflection we see here the breakout but that here too no location necessarily where I would now look at a trade and down here it would also be for me uninteresting here we have but as I said now also here at 3069 points currently both as well as also there I would now observe the market for the first time take a bag of chips for me and let's see what the market is doing here and given you know, I also like to trade other markets, for example, I always like the CL, the earth oil future or the gold future, I am a learned metal dealer, I come a little from the direction and that's why of course I also like the gold market I also like the 6e in this case if I don't see it here that in the next few minutes or even hours could give a trade opportunity then I would like to switch to you so that was it for today a last look at the checks for questions there is so far nothing in it then I would say it was fun again with you I hope you could take something with and then I'll say until next time okay Bruce I think we've got it okay excellent well another great session thank you Oliver and guys if you have any questions always you know get them in there youtube or discord channel there in the special events and you know Oliver has a wealth of knowledge here not only with order flow trading but also as you guys can see with the volume profile so the higher time frame structure with the horizontal and understanding acceptance and then the price movement and speed of tape that he's mentioning with the vertical excellent combination okay so guys if you like this please hit the youtube subscribe button and give us a like else we will catch up with you in another few weeks Oliver that would be great I'm looking forward thank you Bruce okay thank you bye bye bye bye


Hello and welcome to the session. In this session we discussed the following question which says find the complement of x plus x complement into y complement the whole into x complement plus x into y the whole. Let's proceed with the solution now. You have to find x plus complement into y complement the whole into x complement plus x into y the whole complement. First of all, we consider the expression x plus x complement into y complement the whole into x complement plus x into y the whole. For this Boolean algebra we have a distributive law according to which we have a plus b into c v whole is equal to a plus b v whole into a plus c v whole. This is the distributive law. So applying this distributive law for these two expressions we get this is equal to x plus x complement the whole into x plus y complement the whole this whole into now applying the distributive law to this expression we have x complement plus x the whole into x complement plus y the whole. This is using the distributive law. For any element a we have its inverse a complement such that a plus a complement is equal to 1 which is seen as a complement plus a where this 1 is the identity element for the operation of the product. So instead of x plus x complement we can write 1 so 1 into x plus y complement the whole into 1 into x complement plus y the whole. This is since a plus a complement is same as a complement plus a is equal to 1. We know that 1 is the identity element for the operation of the product. So we have a into 1 is equal to 1 into a is equal to a so 1 into x plus y complement the whole could be written as this y complement this whole into now 1 into x complement plus y the whole could be written as x complement plus y the whole. So therefore we now have x plus x complement into y complement the whole into x complement plus into y the whole is equal to x plus y complement the whole into x complement plus y the whole. That is we have simplified the given expression to this. Now we will find the complement of this given expression that is we need to find the complement of x plus x complement into y complement the whole into x complement plus x into y the whole complement and this would be equal to x plus y complement the whole into x complement plus y the whole and this whole complement. Now from the D Morgan's law we have a into b the whole complement is equal to a complement plus b complement this is the D Morgan's law. So using this D Morgan's law to this expression we have this is equal to x plus y complement the whole complement plus x complement plus y the whole complement. We have another D Morgan's law which is a plus b the whole complement is equal to a complement into b complement. So from the D Morgan's law here we further have x complement into y complement the whole complement the whole plus x complement the whole complement into y complement the whole. So further this is equal to x complement into now y complement the whole complement is y plus x complement the whole complement is x into y complement this is since we have a complement the whole complement is equal to a. So this is equal to x complement into y plus x into y complement. Therefore we have x plus x complement into y complement the whole into x complement plus x into y the whole complement is equal to x complement into y plus x into y complement. So this is our answer this completes the session hope you have understood the solution of this question.


t those three alternatives available in the potential connecting options in the railroad enterprise connection that works for me if we can figure out a way to word that do you think you have something chairman Hogan that addresses commissioner Archambault's concern about the way I wrote this well I would ask commissioner Archambault that that sound okay I feel like I would summarize the conversation that said there was discussion around which alternatives would be considered going forward and a resolution that that yet even beyond those three stated alternatives were still on the table like like nothing was off the table moving forward right so so now we're just highlighting what what event occurred during the conversation right and I think that would be far more digestible than projecting what we we believe was intended by an engineer yeah that works fine that's that's all I was getting at okay Dr. Spencer if commissioner Archambault is good with that I'm that's that works for me yeah and then the last one was item 11 and I don't know Dr. Spencer did you have a suggestion there I think the important clarification if we're going to make a make a a more detailed comment here is that how I understood the conversation last time and what staff's understanding is that that the three alternatives that Commissioner Overby mentioned will be evaluated and there's a possibility that other alternatives may be looked at as well that the all other options being evaluated I don't think quite hits the message right from what we understand from Federal Highway and I think how Susan described it at the last meeting yeah I think yeah I just wanted it to be clear that we we got more choices so people can't count and it may be one of those three that was what I was trying to get clarification on so the item 11 it said Commissioner Overby heard that there was a no longer an appeals process for permitting and inspections for and ask for clarity that was concern was expressed to me by a city counselor so I had said I would replace that with just adding in changing it to Commissioner Overby heard concern expressed by a city counselor that there was no longer an appeals process for permitting and inspections and ask for clarity and the rest of it's the same but I didn't have a concern that there was an appeal you know lost by the new new division but I've had somebody who a commission a counselor that asked me that and I said no I don't think it's changed so we're we're sure now that's what what the issue is it has it's not changed does that make sense is it necessary or not I'm fine with that anybody else that didn't hear me say that or maybe they did I think we're good if unless somebody else has a you know if I didn't say it that's the problem here we don't want to have me making up something that I didn't that I didn't say so this is Tiki Arshenbogan sorry if I could make a suggestion maybe just to it sounds like commission overview has some important points to be added to these minutes and it might be best if we push these minutes off by a month so we can review what that language would be if it could be circulated with the rest of the commission and then that gives us a chance to just look it over and see if there might be something that that stands out for any of us kind of like the injection that I had yeah I think that's fair let's let's do that then um we can perhaps you know if you get your suggested modifications in front of the commission in advance for for review well perhaps we should just yeah figure out that process because I I send them but I don't know what the process is and I can't I'm not supposed to communicate with everybody in advance as a group so perhaps if I send suggested or anybody sends suggestions to the minutes to you as a chairman you could circulate them directly to people in advance of the meeting so we can all have them all in advance I didn't know how to do it efficiently obviously if that's sent day of it it may not happen okay yeah well then we're back to where we're at you're posted three days after the last meeting so they're all luckily all the opportunity to right to review in advance but yeah we can get these to staff you know you know get them to now and like maybe have what we've talked about in the past perhaps have you know sort of like a track change like yeah these are suggestions you know prepared in advance for presentation yeah I just I will do it whatever is the most efficient way because this feels terribly inefficient and I totally appreciate I apologize for doing it this way but I don't didn't know how to do it more efficiently than send them to Val send them to you they're available but I didn't feel like I was allowed to send them around to the rest of the commissioners in advance so sure good enough yeah the commissioner bar I guess I just want to make a quick comment is this not why and I've been on the commission for a while I guess so I've seen it start and finish this way isn't this not why we had a clerk position on the commission that would kind of do a quick overview of the minutes prior to the the next meeting and I know we just did away with that too so I'm just trying to figure out are we are we ebbing and flowing back and forth you're trying to figure out how to get this done the most efficient way oh so we have we have a clerk that's a staff member so okay but but it doesn't work if you just send them to the staff and then the rest of the commissioners don't get to see the words which is where we're at here today if you do it on the day of the meeting which sometimes does happen so that's the real question I'm sure Hogan if it's all right I may make a recommendation to consider yeah please so so Val and I just didn't connect on that one and my apologies on that but I could recommend that if folks have changes for the minutes to be sent directly to me and Val just in case her and I don't connect because then I can make sure that they are available to bring up and then maybe we can figure out if there's a better way to do that but at the very least if I have them they can be present on the screen sure yeah no that would be good apologize I didn't wasn't on the flick here for these to you for sharing on the spot I think that's a no worries we had them Val had them and her and I just needed to connect better on that we can make that work better sure all right well I'll do that and I apologize for always having changes but but sometimes I feel like it's important when clearly my my spoken words have not you know have been so circular circuitous that it's hard for people to figure out what I said sure okay thanks we'll do it next month yeah I thought of that do we I guess we do we need to formally say we're tabling until next month to make a motion to action is necessary I don't think you can just take no action and it will we'll put it back on the agenda next month no action is no action all right so no motion is necessary no motion necessary I was ready I was ready too Jen I don't second that no motion and who's going to circulate the the proposed minutes change is that going to be Rob are you going to do that he usually gets sent to us right I just didn't know should I send them to you now yeah you can send them to me and Val and her and I'll work together to make sure maybe we can figure out and propose the best format to Val had them and Chairman Hogan had them but that was the only two people I sent them to so I failed to send them to you I will send them to you and Val again no worries at all we'll we'll make this work for next month perfect thanks and I see that I had them but I was not in a position to take time do anything timely with it during the day today any you moving forward to item 10 director's report great thank you so much given the hour you have the information in your packet one key element in the director's report was our mid-year report on our FY 21 goals and objectives for DPW next month you all will be reviewing the performance of the director and the city engineer myself and Norm Baldwin and we wanted to give you all the materials to see what the department has I think successfully accomplished during the midst of this pandemic and happy to answer any questions at this point but we hope that the document is helpful for your review yeah thank you do appreciate the input if there are I guess commissioner responses let's take them in our commissioner communications that's next on the agenda all rights let's commissioner bar to start with any final communications actually oddly enough I don't have any for this this month I've been biking a little bit out there I can see the infrastructure starting to grow again some paint being put down so appreciate that and looking forward to next month's conversation about Colchester Avenue other than that always a great job thanks all right thank you vice chair O'Neil Lavacco I'm hanging on honey I'm almost done sorry so just a comment about recycling that someone sent to me so I'm just going to read it I just posted this to see click fix but don't have any confidence that it will have an impact I'm having just walked up Henry and Loomis I can tell you how many similar circumstances are evident and how much trash is in the street and along the sidewalk this should not be a baseline condition recycling is becoming anti-environmental if at all it is doing is pushing putting trash into the streets and down storm drains as well as glass and other dangerous items on sidewalks and in the bike lanes there is a widely ignored ordinance on the books requiring some landlords to supply totes DPW now has a lot and no more curbside bins are given out increasingly cardboard boxes and paper bags are falling over into the streets this has gone on for years and before that and before the ordinance about rentals and totes was taken up I was reporting this to Chapit and the mayor at our recent NPA meeting DPW explained their current policy of sending nice notes to residents who do not keep trash contained but there is no requirement issued or follow-up contact with planning commission indicates that there has been some discussion but no movement and neither the mayor's office nor DPW seems inclined to take action to even enforce what we have not to speak of taking up taking up keeping trash out of pedestrian ways and bikeways as well as storm drains I hope there's an opportunity to take this up at the DPW commission so and we think we've all seen it you know the blue bins that don't like that are not the totes you get a windy day especially this time of year it's just gross and rubbishy and I don't know where enforcement lies or how we can get more totes even like my neighbors across the street I just like get frustrated that I'm constantly picking up their their recycling so it's happening across town that's um that's my comment thanks all right thank you commissioner overby if you're there you've muted try it again that space bar was not working gotcha I don't have specific communications but I do have questions that I'm going to add I have about the the goals and objectives which I will just I guess instead of because of the lateness of the hour I will directly ask those questions of Director Spencer because I did have questions about that about several items on the objectives and goals and um it's just too late for me to try to ask those questions considering the lateness of the night so you will we will not benefit from from like my questions or the answers probably sorry all right no other no other comments sure all right yeah take that offline in that case Commissioner Archibald yeah I had no comments until we got to the public comment section here and I just feel the need to respond it was to Jason Dander each made some comments especially we get into the season because in the next month we are expected to review the director and the city engineer as part of our charter you know our mandated course as a commission and I just wanted to take exception to the comments and I really do appreciate Jason as a community member super smart and in many ways I'm sympathetic I've advocated for a long time for quick wins from this department and we don't see them that often so you know I continue to try to advocate for that but where I take exception is that I'm not is the problem right I see a city engineer struggling with a community where there's a lot of voices almost every last one of them willing to lay down on a road over a crosswalk or a pothole and it is got to be immensely challenging for someone in that position to produce quick results when there are multiple opinions on an issue so I do take exception to that and say that really I don't know I'm not convinced that problems is city engineer as much as us ourselves and what we expect of the folks who work for us especially when our we hear about our snowplow drivers the level of human dignity I guess if you will for our city employees seems to be at an all-time low and I take serious exception to those comments so I had to put that out there feel compelled to honor our department and those who work for them including our city engineer and I don't know but that's just me tonight so thank you well stated thank you I said just to meet one I've been thinking about of late sort of reminiscing on some of the bright spots of their disruptions over the past year and change here and wondering you know where things land with you know some of the neighborhood streets programs that were rolled out last year and as you know as we're sort of looking forward and starting to see the political winds shifting towards coming out of emergency status or mind all of us that there's it doesn't necessarily take an emergency to give space to people and on their neighborhood streets and you know maybe worth the reflection got the bandwidth and a future meeting to take a step back and look at some of those you know some of the streets that were designated as local traffic only arguably you know maybe there's not a good reason to to to welcome other than local traffic and to you know make that more of the the rule going forward rather than the emergency exception so anyway I know it's late and I won't dwell on it too much but it's something that's it's been of of mind as we're well except for today you know looking past winter maintenance season hopefully and you know with an eye towards people being outside and still breathing and sharing space anyways we'd be happy to talk about that at a subsequent meeting sir that's good all right well you know thank you all and all of your teams for the the great work and the efforts as always we appreciate again the depth and breath of interesting conversation topics tonight and I look forward to connecting that I will close out item 11 and go to item 10 adjournment in next meeting day May 19th item 12 a motion to adjourn there's been a motion I second that seconded Vice-Chair on Yavavanko all right is there any discussion around that motion all right I think we're safe to go to a vote here all in favor if you say aye aye aye for myself any opposed all right don't oppose we are adjourned in 928 thank you all we'll see you May 19th thank you thank you good evening good night thanks