The story you are about to hear is true. Only the names have been changed to protect the innocent. NBC brings you Dragonet.  You're assigned a homicide. Somewhere in the tangled web of your city, there's a killer on the loose. A young woman has been brutally murdered. The weapon, a steel bludgeon. Your job is to get him. Dragonet, the documented drama of an actual crime, investigated and solved by the men who unrelentingly stand watch on the security of your home, your family, and your life. For the next 30 minutes in cooperation with the Los Angeles Police Department, you will travel step-by-step on the side of the law through an actual case from official police files, from beginning to end, from crime to punishment. Dragonet is the story of your police force in action. It was Thursday, March 19th. It was foggy in Los Angeles. We were working the night watch out of homicide detail. My partner's Ben Romero. The boss is Ed Backstrand, chief of detectives. My name's Friday. It was 9.14 p.m. when I got to the old central jail building, third floor. The crime lab. Hi, Joe. Hi, Common Lee. Just ran a spectrograph. What'd you find? The paint flake from the victim's head matches that paint on the hunk of pipe. Any prints? The pipe was clean, no latent prints. What, figured anything else? Got those blood test reports. A couple of slides for you to look at under the comparison mic. Thanks, Lee. Oh, hi, Joe. Didn't hear you come in. What's it look like, Ben? Here's the blood test reports. This one is blood found on a piece of pipe. Type A. This one's blood from the victim. Type A. They match. That's right, boys. Doesn't mean too much, though. Do you look at these slides under the microscope? No, not yet. Well, this is your clincher. Wait till I get the light. Okay, take a look. Got a make? Yeah, go ahead. Well, this slide here on the right, that's a slice of hair from the victim's head. On the other slide is hair found on the steel pipe. Yeah. She had wavy hair. Both specimens are flat. Same hair, Joe. Got anything on that piece of pipe, Lee? Nothing. Just ordinary steel pipe. 14 inches long. What else you got? The plaster impressions of those footprints we found by the body. Here they are. Crape sole? Tennis shoes. New ones. Size nine. Good impression. Ground was soft. Man, about 150 pounds, according to the length of stride, roughly about 5 feet 10 inches tall. Yeah, new shoes, all right. They're made to manufacture labels. That's right. Made by the Sport King Company. Well, that's something to follow up. Yeah, sure. You could start with the tennis courts. Only about a thousand or so in LA. Maybe you'd rather track down the brand. These particular tennis shoes are the biggest sellers in the country. Yeah. Where'd you like to start? Minneapolis or Pullman, Washington. What about that glove? Yeah, you might look for a missing glove. Yeah. They go well with the shoes, just about as common. White cotton work gloves are the blue top. This is the right glove. You find the left one. Blood on a glove? Type A. That's good evidence, Jones, but where's the lead? Now, look, I don't ask you to pay my parking tickets. You want to see blow-ups? Yeah, okay. Right over here. Oh, yeah. This is the vacant lot where they found the body. Yeah, that's right. Here's a close-up of her showing the location of the murder weapon, the glove, and the footprints relative to the position of the body. Looks as bad as yesterday. Sure did. Worker overdid me. The rest of these are Morgan shots. Interested? No, I checked them this morning. Once is enough, Lee. Well, that winds it, boy. You want to go over the stuff in her purse again? You're finding the thing more? No, nothing you haven't seen already. The usual. Makeup, comb, barrette. That's a hair clip. A few cheap stones in it. Loose change, a quarter, nickel, a few pennies. Her ID card. Yeah, Helen Corday. 33 and a only place. Age 21. 21. That's not very old, is it, Lee? Not to die. No. Helen Corday. Who could kill Helen Corday? Why? Why do you say that, Mr. Meyer? People kill for money. They kill for love. Helen Corday had none of these. No boyfriend? Not in here. No. She was a good worker. Five different invaders as the union sends me one month. Five? Did the union send Helen to you? Sure. Sure. All the girls come from the union, but none like Helen. She's sweet, honest, and courteous. Mr. Meyer, did you know anything about her personal life? Only that she was a good worker. Everything else she took home with her from this place. Did she ever mention any men to you, anyone at all? No gentlemen, not one. How much money did you make here? I paid her $26.50 a week, every Tuesday. Not much salary for so much work, but the tips are very good here. Nice customers. This her home address? 33 and a only place? 33 and a only. That's right. Thank you very much, Mr. Meyer, for your time. I wonder what kind of a person does things like that. Who could kill Helen Courteil? Everybody liked Helen. Helen Courteil? I never liked her. Come on in the office, boys, where we can talk. Never liked her, because I never knew her. You the head of the union? I'm just a steward. I know most of the girls. This Courteil girl, what would she look like? Small brunette, about five-three. Here's a picture. Yeah. Pretty girl, wasn't she? Oh, sure, sure. Placed her out of her place. Nice little Dutch fella. Anna Meyer. That's right. He seemed to think quite a lot of her. Yeah, she was a fine worker. Oh, sure. Always write up on her dues, paid all the assessments right on time. Don't you said you didn't know her? Well, not right off. I didn't, but when you showed me that picture there, placed her right away. You know anything about her personal life? Oh, wait a minute. Why all these questions? Helen Courdeil was murdered last night. Oh, who did it? You know anything about her personal life? Well, you can see my position, Sergeant. 1,200 girls. Check them in, check them out. Just names to me until I see a picture of them. You wouldn't know if she had any boyfriends here in the union, waiters, bus boys? That I wouldn't know. Like I tell you, Sergeant, I never knew Helen Courdeil. I'm sure I knew her. Sure I knew Helen Courdeil. Gus plays a nice piano, huh, Sergeant? Yeah. I read about it in the paper this morning. How long you've been selling pianos here at this place? About as long as I knew Helen. Three years. How'd you find me? Helen's landlady, we talked to her yesterday. She told us she worked here at this piano store. Oh. It's funny, isn't it? What's funny? See Gus over there? That fellow demonstrating the piano? A few weeks ago I made a deal with him to give Helen piano lessons. I figured it would help her with her singing lessons. Wanted to be a singer, you know. Did Helen know that fellow, Gus? No, she never met him. Who gave her the singing lessons, Miss Olsen? She took from Austrander, Paul Austrander out on Melrose. A lot of movie people used to take from him. What do you know about her personal life? How do you mean? Does she have any boyfriends? Well, yes. You don't seem sure, Miss Olsen. Well, it's just that I don't know. I never asked Helen, but she did have a few dates with Paul Austrander. I don't think she was serious. How about Austrander? Gee, I don't know, Sergeant. I don't want to involve anybody. You want to help us find the killer, don't you? Yes, but if you're thinking Paul Austrander did it, no, I'm sure he didn't kill her. That's all for today, Victoria. No, gentlemen, I did not kill Helen for a day. You gave her singing lessons, Mr. Austrander. You knew her pretty well? Yes, I gave her voice coaching for about a year and a half. Helen showed a little promise. Not a great voice, a bad vibrato. You knew her pretty well. Why do you say that? Mr. Austrander, didn't you used to take her out once in a while? No. No, I didn't know Helen socially at all. We know you had dates with her. That's not true. Only times I saw her was when she came here to the studio for lessons. You better tell the truth, Mr. Austrander. We can prove that you've been out with her. Afraid of the publicity, is that it? Certainly that's it. I have a successful business here. I've spent years building it. Anything like this would ruin me. Then you have been out with her. Only a few times. Nothing serious. I had nothing to do with her murder. Now that's the truth. Don't you know that withholding information about a thing like this can go kind of hard for you? Yes, I know that. What else could I do? Mr. Austrander, somewhere in this city right now, there's a guy who beat a young girl to death. He crushed her skull with a piece of steel pipe. We need every bit of information we can get to track him down. You know that, son. You could have come to us. We wouldn't run to the newspapers with it. If the information's confidential, that's the way we treat it. Most of the time, it's the people who run to the newspapers first. Then they come to us. That's right, Mr. Austrander. People are their own press agents. Sergeant, I'd like to know what right you have to invade my privacy and lecture me on my civic duties. All right, I'll tell you what right, Austrander. We want the man who murdered Helen Corday. I got as much right as he had at 12.14 this morning. Come on, Joe. Yeah. Thanks, Mr. Austrander. Sorry if I invaded your privacy. Chief of Detective's Office, Hanan. No, I'm sorry, ma'am. You got the wrong extension. Try 2511. You're welcome. Hi, Friday, Ramel. Chief's been looking for you. Thank you, Mike. Come on, Joe. Yeah. Hello, Joe. Ben. Sit down. What'd you get?  A crime lab full of evidence. Nothing to tie them together. These are some of the people you interviewed? Yeah. Those and about a dozen more we didn't even take notes on. It's hard to figure, Skipper. Everybody seemed to like this girl. Helen Corday. No known relatives. Single unattached girl. Living all alone in the city. Few friends and no enemies. None we can find anyway. Are you satisfied that all the people you interviewed are in the clear? Well, if we're going to stick to the simple robbery motive or kind of money Helen Corday made, wouldn't interest those people. How are you doing on the outside, leads? Nothing. If we could just find one hole someplace, anything. All right, now look. You've got a lab full of evidence across the street. You've got a book full of names here. You've got the pieces. Now fit them together. They just don't add. Well, go over them and keep going over them until they do add. Anything from the informants? No, nothing so far. No tips on anybody that's been dough heavy lately. Nobody's shooting off their mouth. The guy we want won't advertise. Figures himself a pretty smooth operator. But he probably made a mistake somewhere along the line. We'll find it. Got a hotshot, Ed. Yeah? 3220 Casino. Woman, probable attack. All right, Friday. You and Ben run it down. They ran down the hotshot call for 3220 Casino. It turned out to be a typical dead-end lead. Her name was Mrs. Lillian Horn. For the past five years, Mr. Horn had been paid regularly on Wednesdays. He spent all day Thursday drinking up his paycheck and beating his wife. The call had no connection with the Corday murder. We made the usual call into communications. Unit 80-K to Control 1, 80-K to Control 1. Control 1 to 80-K, go ahead. On that probable attack, 3220 Casino. Code 4. 80-K, Roger. 80-K to Control 1, KMA 367. That was the beginning. For the next three days, we followed up every lead and every call, but they were all blind. All units were alerted, and they had as much information about the killer of Helen Corday as we did. Ben and I cruised throughout the entire Central Division. We covered every probable call that might have some connection with the murder. Attention, Unit 41R, 1654 Swanson Terrace, a woman, victim of a probable attack. Code 3, Unit 41R. It didn't make any difference what the call was, but there was a possibility it might tie in with the Corday murder we ran it down. We made it a 24-hour job. So far, if the killer made a mistake, we hadn't been able to find it. The Corday funeral was on Monday. They were all there. The girl's landlady, the voice teacher, Ostrander, the girl friend Marie Olsen, the man from the Union, and her boss, Otto Meyer. But nobody else we hadn't checked. That was Monday afternoon. Monday night, we went back to the old routine of tracking calls during the night in the squad car, picking up small threads that led nowhere. Three more days are the same thing. Thursday morning, one week after we found Helen Corday's body, we got an anonymous phone tip. I know who killed Helen Corday. His name's George Barlow. He lives at 418 White Oak Avenue. He used to date her up all the time. Get him and you've got the murder. We checked George Barlow and about 10 others just like him. None of them knew Helen Corday. Saturday night, Ben and I were back in the squad car cruising the Central Division. Saturday night's a good night for Robert.  In a 13R, 1254 Tower Road. A woman screaming. Investigating trouble. Code 2. Let's handle that one, Ben. Okay, I'll notify communications. Unit 80K to Control 1. 80K to Control 1. Unit 80K, go ahead. On your 1254 Tower Road call, we're in the vicinity, we will handle. 80K, Roger. 80K to Control 1. KM, 8367. Let's go, Ben. Code 1 to 13R, disregard your last call. Handle by 80K. It should be right about here. Oh, here it is. 1254. Ah! Where? Come on. Where'd he go, Joe? Turn right at the next corner. That's him up ahead. He's got a good lead on us. Hit the siren. Took a left at the next corner. I'm going to stop. Close in as tight as you can, Ben. Down to the floor now. Swing out to the left a little. I'm going for his tires. What? That'll slow him down. Pull up on him. Yeah. All right, Joe. Keep both hands on that wheel and get over the curb. Cover me, Joe. Right. Out of that car, mister. Shake him down. Hey, take it easy. I haven't got a gun. Put the cuffs on him. You boys work fast. What am I doing with the gas chamber? Yes, they have that method. That's pretty rough treatment for speeding. All right.  Look, I got a right to know where you're taking me. What's the charge? We'll let the girl tell you. What girl?  Oh, I know where you're going. Place back on Tar Road. Well, I asked to use the phone. The girl slammed the door on my face. I don't know what your cops are trying to prove. I just wanted to use the phone. That's all. I even tried to scare a little. I told her I'd hit over the head if she didn't let me use the phone. That's a laugh, huh? All right, you get out. Yeah, I suppose so. Get out. Hey, I got nothing to hide. That little girl's going to lie. You know that, don't you? Police officer. His full name's Frank Philip Larson. They had no previous record. This is the girl's report? Yeah, it's it, Skipper. Uh, Judy Scott. How old is she? He's 19. She's a babysitter. Real tough boy, isn't he? He forced his way into the house, beat her about the neck and arms, and cut her irons. He found it in his car. Jones is running it through the crime lab. Asked her if she had any money. She told him no. Struck her again. Where'd this Larson live? Hotel out near Santa Monica. It's a clothing salesman. He had works for a big men's store, Burns and company. According to the house book sales record, he bought a pair of tennis shoes two weeks ago. It weighs 158 pounds, 5 foot 11 inches. Tennis shoes are missing. They're not in his hotel room. He's not wearing it. What else did you find? A rhinestone. You mean a pin? No, just a small loose stone recovered from the rug in Larson's room. Crime lab got it. Working on it now. Head? I think... We got the man who killed Helen Corday. A few scraps of circumstantial evidence and a hunch. That's not much to go on. Larson had gone after the little Scott girl with a tire iron. It wasn't much of a tie-in, but we had to be sure. All that day, we checked Frank Larson's alibi for the night of Helen Corday's murder. We interviewed the personnel manager at Burns and company where he worked. We talked to all the clerks who knew him. The manager of the hotel where he lived. We found out everything we could about Frank Larson. And that night at 10 o'clock, we had the prisoner brought to the interrogation room. How are you, Larson? Fine. Just fine. I like jail. Sit down. Lousy weather been foggy all over town. I wouldn't know. I've been inside all day. How old are you, Larson? 31. Same as the last time you asked me. Where'd you go to school? I didn't. I was born smart.  We know you work for Burns and company. Remember, you told us. What is all this? What are you guys trying to build? I just want to know if you like selling clothes. That's all. Well, you coppers know about clothes. One blue surge a year is your speed. You know quite a bit about clothes, don't you? I've been selling them for five years. Can you tell me something I've been wondering about? What's that? Are your socks and tie always supposed to match? That's what the style books say. Bet you always know the right things the way, don't you? You wouldn't wear black shoes with a brown suit, would you? Is that what you're keeping me here for? Style, isn't it? Oh, would you?  Most people wouldn't. Bet you wouldn't wear brown shoes with a tuxedo, would you? I ain't smoking too much. You got a glass of water? Oh, yeah, sure. There you are, Larson. It's good and cold. How about it? Would you ever wear brown shoes with a tux? Nobody would. That's a navy blue flannel you got on there, isn't it? Yeah. It's a good-looking suit. It's up around some time. It'll get you a good deal. A suit like that flannel there you're wearing? You'd never wear tennis shoes with an outfit like that, would you? What do you think? I think you did. I think you wore them the night you killed Helen Corday. Who? Maybe you didn't have the blue suit on, but you were wearing tennis shoes, Sport King, size nine, sell for $5.95. You picked them up at a discount, cost you three and a quarter. Where'd you get that? Out of the house book, Burns & Company. You wouldn't have those shoes around now, would you? We couldn't find them in your hotel room. Your boss, Mr. Craig, used to think a lot of you, Larson. Before you started drinking on a job, your commission just run pretty high after the last couple of months. What happened? That cheap rye get to you? Well, you two really know it's the round, didn't you?  Corn flakes, cup of coffee, donut, sometimes two donuts when you're hungry. Elsie waits on you at the Royal Café. She gets a dime tip. Can I have some more of that water? Help yourself, Mr. Cooper. Very good and cold. How about it, Larson? Wear the tennis shoes. They wore out. In three weeks? They'd be very good tennis shoes. Oh, they didn't wear out. What'd you do with them? You know all the answers. You figure it out. We know you bought the tennis shoes. We don't know where they are now. We know you had them, size nine. Three feet from the body of Helen Corday, we found two size nine footprints made by a pair of sport king tennis shoes. I figured a man weighed about 150 pounds. You weigh 158. Figured he's about five foot ten. You're 5'11".  Man, you wear the same size tennis shoes, same brand name. A lot of people wear nines. It's the average size. They sell a lot of sport kings. That's too everybody wears them. If we could find your pair, it might make a difference. It doesn't mean your tennis shoes made to print with a body. It doesn't prove it. It didn't, neither. What'd you do with them, Larson? I threw them away. That's too bad. It might make a difference. Now, what difference could it make? I threw them away, that's all. Now, how about the mate to this glove? I never saw it before. Found this right hand glove by the body of Helen Corday. Just an ordinary cotton work glove. Everybody wears them. If we could find the missing left glove, it might make a difference. Size, medium. That's average, too, isn't it, Larson? I never saw work gloves. I wouldn't know. No, but you bought work gloves, haven't you? Not a pair of those. I mean, like this, don't you? You only got one. What kind of work gloves did you buy? I didn't buy any. You just said you did. I never said I bought any work gloves. You bought tennis shoes, though, didn't you? I told you I bought the tennis shoes. Didn't I tell you I bought them? No, you didn't tell us. We told you. Find out from Burns and Company where you work. All right, you told me. I bought them. You know that. Same kind of tennis shoes that made footprints by Helen Corday's butt. It wasn't me. Then why won't you tell us what you did with them? I told you I threw them away. They were only three weeks old. Must have worn out all for a fact. I didn't say they wore out. They got too dirty. No, you told us they wore out. Remember, Larson? I don't remember what I told you, but I don't have them now. We know you don't have them now. Where are they? He told us they got too dirty. Right, Larson? Yes. Yes, yes. That's what I said. Anyhow, you haven't got them now. No, I haven't got them now. All right, now, just for the record, Larson, which was it? Did they get too dirty or did they wear out? Whatever I said before. You said both before, Larson. All right, I said both. We got that little Scott girl statement from last night. She said you tried to kill her. She's lying. I told you she'd lie, didn't I? I only wanted to use her phone. She says you hit her with a tire iron. Did you hit her with that iron? No, I only tried to scare her. I didn't hit her with anything. Then how'd she get those marks around her neck and arm? Police doctor says they were made by that tire iron. I don't care what your doctor says. I didn't hurt her.  You didn't hurt her or you didn't hit her with that tire iron? Needle one. I just wanted to use her phone. How'd you know she had a phone? I didn't know if she had a phone. Find out. Find out what? Find out if I could use her phone. She said you didn't know if she had a phone. I don't know anything about where you pushed everything around. Sorry, Larson. We only want the truth. How about a cigarette? Yeah. Yeah, yeah, I could use that. Here's a lie. Larson, where were you Wednesday night, March 18th? How many times are you going to ask me that same question? Just want to make sure we got it right. I told you this morning. I went to a show. I got out about 11. Had a beer and I went home. What time did you get home? About 11.30. I went to bed. What'd you see at the show? I never remember the names. You ought to try to remember this, and it's pretty important. I was at Deluxe Theater. I was spent at Tracy and something. What was on when you walked in? The news. I never go in in the middle of a picture. Neither do I. I suppose I'm forming. Yeah. Yeah, that's right. The girl in the box office doesn't remember seeing you go in. She knows. It was keen all night. There's a big crowd. Did you win anything? I never do. Anybody hit the jackpot? I don't remember. They give away a lot of money at those neighborhood theater. I always remember who hits the jackpot. All right, you do. I don't. Do you remember if anybody won the jackpot? I told you, no. Did they have a jackpot at that show? I guess they do. I don't know. You knew it was keen all night. You should know if they had a jackpot. Maybe they had a jackpot. I don't know. I went out for a smoke. You said the cartoon was on when you walked in. Why do you always twist what I say? I told you the news was on when I went in. You remember anything about the newsreel? It was 10 days ago. How do I know it was in it? I only know it was a newsreel. That's all. You're lying, Larson. We checked your alibi. The theater had to cut the newsreel Wednesday night because the show was running long with Kino Night. You didn't go to show Wednesday night, did you? All right, maybe I didn't. I don't remember. What's the difference? The difference is you could have been in that vacant lot the same night. The night Helen Corday was murdered.  You can't prove I did. Interrogation room Friday. Hi, Jones. It did, huh? You're positive. Uh-huh. Yeah. Okay. Thanks, Lee. Sure, you don't want to tell us what you did with those tennis shoes? I'm not going to go back over all that. I've told you guys all I'm going to tell you. You know how the Corday girl was murdered? How would I know? I don't know anything about it. She was on her way home from work, as usual. About midnight. Of course, you were home in bed about that time. But you didn't go to show that night, Larson. On her way home, Helen Corday always took a short cut across a vacant lot. She was about halfway through the lot when the murderer tried to grab her purse. She screamed and he struck her.   Then he dropped the pipe and the right hand caught and worked love. He left two footprint, size nine, sport king tennis shoes. I know all that. Well, here's something you don't know. When the killer scooped the paper money out of that girl's purse, he accidentally took along a loose rhinestone, a stone that fell out of a cheap barrette in the bottom of her bag. He carried that stone home with him. When he reached in his pocket to pull out the money he stole from her, the rhinestone fell on the floor. So? We found that rhinestone on the rug in your hotel room. Well, I haven't lived in that hotel room all my life. Maybe the tenant before me dropped it there. No, not this one. We checked the cement that held it in that barrette. It matches the glue on the stone. No, Larson, that rhinestone came from the hair clip that Helen Corday wore before she was murdered. That's enough to take you to the district of Durningwood. What am I supposed to say? We want you to tell us the truth. Why did you kill Helen Corday? Yeah. Do you want the sandwiches and coffee now, surgeon? Bring them in, Mike. Looks like we're going to be here a long time. Yeah, I brought you ham, cheese, and liverwurst and some fruit. The coffee's black. Cream and sugar on the side. Thank you, Mike. That looks good. What kinds you want, Larson? Ham, cheese, liverwurst. Oh, you're not hungry? Okay. Is that with you? No, thanks. I think I'll have an apple, huh? Yeah. I picked you a plate there, Larson. I want coffees right here. It's a fine apple. Nice and fresh. This a Washington apple? Yeah, I don't know. Isn't that coffee hot enough? Yeah, it's fine. Where'd Mike pick these up? Well, across the street. Headies? Yeah, Larson. They taste good. Don't drink your coffee anyway, Larson. All right! All right! I didn't want to kill her. She screamed and I hit her. All I wanted was her purse. That's all I wanted. She didn't give to me. She had to fight back, so I hit her. I didn't want to kill her. All she had to do was give me the purse. I wouldn't know what it was. Stay with him. We'll call the stenographer. See you tomorrow, Joe. Good night. Yeah. Sour racket, huh? You have just heard is true. Only the names were changed to protect the innocent. Frank Philip Larson was tried and convicted of murder in the first degree. He was executed in the lethal gas chamber at the state penitentiary. You have just heard the fifth in a new series of authentic cases from official files. Technical Advice for Dragnet is furnished by the Los Angeles Police Department. Tonight's program is dedicated to police officer Charles A. Brady of the Chicago Illinois Police Department, who on the night of September 2nd, 1945, gave his life so that yours might be more secure. Dragnet came to you from Los Angeles. This is NBC, the national broadcasting company.


Hello everybody. My name is Małgorzata Zajonc and I am deputy marketing manager in Poland Museum of the History of Polish Jews in Warsaw in Poland. And today I would like to talk with you and discuss with you if it will be possible after the presentation. Discuss with you why we have technology technologies in our museums and what what is their future. So I will start a slide sharing. So I hope you see already my slides. So let's go. So today we will be talking about modern technologies. So before the pandemics, our museums invested heavily in technologies. And today we have a very special situation. And I read recently in a Polish magazine that it really, we have really in the museums, we have really a big problem. So for example, Tate is expecting this year 30% of their pre-pandemic visitors number. Oficie apparently lost already 12 million euro in and lower apparently apparently is losing 80% of its visitors. So, and according to Jean-Luc Martinez, the gradual return to the pre-pandemic situation will happen only in three years. So we have really a big problem to consider. We have really a special moment in our life, in our museum's life, and we really should consider what's next and what we will be doing with technologies. So in our museums we have some technologies. I'm sure most of you have some technologies in the museums. And so the question in the questions in my presentation is why we have technologies, why technology generally. And so my idea was to come back to the audience needs and see the technologies we have once again and analyze why we have them, why we have this technology. So during this, this presentation, you will have access to a short survey. It is called poll. So you have this on your on the platform. I hope you can, you can click on the poll and answer to the question. So the question is which of the needs of the audience needs are the most important. So that's the questions. That's that's the question. What are the needs of the visitors. So what kind of technology do we have in our museums we have. So I have here a list of strange abbreviations. So we have a are the, which is of course augmented reality VR virtual reality AI artificial intelligence. 5G. We have apps, we have audio tours, we have podcasts, we have interactive video walls, holograms, etc. So there's, I'm sure the list could be longer. So let's start with the augmented reality. Augmented reality. This is a computer generated content applied in a real world environment. So, so you take your smartphone. If you have the app on your smartphone for the augmented reality, you take the smartphone, you take a headset or glasses or something and the computer generated content, the content you have in the app. Place with the real objects. So why we have this in the museums. It helps us, it helps the visitor, the visitors to see a detail. It helps sometimes to translate a script or find explanation, explanations. So the, the need behind that is. We have augmented reality for kids. Which facilitates content creation. So, in the British museum. There is a app called history of the future. The kids with their smartphone, smartphones are looking at clocks from the British museum collection. And from the fantasy world. And they are creating drawings and 3D objects that could be added to an augmented reality gallery within the British museum. So why. Of course, everybody would like to be active. So at least kids would like to be active. And this is the need behind. What else do we have. And also we have augmented reality, allowing to see life paintings. So in the Jackson, in the mama in New York, in mama in New York. At the Jackson Pollock exhibition. There is an app that there was an app. More Mar a gallery. And with this app, a group of art. And to reality to transform the artworks. So if you downloaded the, the more Mar gallery app on your smartphone, you could see modify modified and leaving paintings. So what's the need behind that. For example, learn and play in the same time. I'm sure there are more needs behind, but okay, I took this one. And what else we have augmented reality, creating a detainment experience for children. So in the, in the Smithsonian Museum of Natural History at in Washington DC. A company in the created augmented reality experience. And with the augmented reality. They brought to life. Extinct animals, mostly dinosaurs. And imagine how, how excited people could wear when they see the dinosaurs so closely like in a Jurassic Park. So. The need behind that was is engage emotions. Another example comes from augmented reality alone people are allowing you to take photos with people from the past. Also, this is an example coming from from this company in the British company. And so there is a, so people, this is like a photo booth and people interact with digital characters and take photographs with them. So the need behind that is take great photographs and to share on social media. So that's, that's the need of, of our visitors. Another example of augmented reality, allowing you to meet people from, from centuries ago. So this example comes from the patching art center in UK Calvaton. Also an example of, of augmented reality done by Indy. So, in the patching art center visitors are guided by Rembrandt, Turner, Monet, Van Gogh. So you, they simply, so visitors take their, so that these artists have been resurrected through a mobile app. And the user should download the app and artie and artist appears on the smartphone screen. So simply the users pointed their mobile devices at one of the markers on the floor and. And each market triggers a 3d artist so artists talk about them themselves and about the art. So what's the, the need behind maybe have a memorable experience, experience. So we have AI, so artificial intelligence and the chatbot. So answering your questions. So what the chatbots are? So a chatbot is an artificial intelligence software that can stimulate a chat, a conversation with, with. And the chatbot answer simple questions. Like, for example, like this question, yeah. And because the, the, the software that the chatbot recognizes natural language. But if you ask a more complicated question, the chatbot will probably will probably not understand it. So what, what, what is the need behind that? Get instant answer to questions. Yeah, so the chatbots are really have a big future because according to a survey of usabilla, which is according to a usabilla report. Over 50% of respondents would rather interact with a chatbot than with a human if it could save them 10 minutes. So you probably have heard that Anne Frank house had such chatbot on messenger. But 40% of them of people prefer interactive interacting with a human when they have more complicated requests. Okay, let's go to virtual reality. Allow and visit in a, for example, a non-existent museum. So this is an example of so virtual reality to explain a little bit. This is a simulated word. You can see and feel with special headset. You can enter this reality, turn around, interact with objects. And three years ago, the Kramer collection launched the Kramer museum, museum, which in fact in real, in real, what doesn't exist, but the Kramer museum is only a virtual museum. So this particular Kramer museum features 74 Dutch and Flemish old master paintings from the collection. And it is only visible through virtual reality technology. So this is amazing because the quality is so high that you can really approach with this headset. You can really approach. You can really be very close to the painting and even see the reverse of the painting. So what's the need behind that? Maybe immerse in a different word, maybe discover something completely unique. Immersion, this another big topic and big trend integrating technologies. So I will, so here I will give you the example of an immersion with an audio guide involving hearing and imagination. So, so in the Asian art museum in US, they developed together with a company acoustic guide, a special tour, which is a Rama epic tour. And so this is, this is like an incredible audio tour, which is not like a simple curatorial commentary, but rather a radio drama, a storytelling podcast telling the story of Rama. So you have, it involves more senses. So this is the, this is the need behind that you would like to be being immersed, you would like to activate different senses. So this is interesting. Another example of technology is 3D printer allowing you to take home a part of an exhibition. So for example, in the doll museum in Glendale in Arizona, they have, they have a project take me home and with a 3D printer, you can print a replica of a doll and take it home. Of course, children. So the, the need behind that is take something away from the museum. Why not. So, have a look on the on our survey how have a look on the poll. It is not called survey. It is called poll. So have a look on that and and choose the audience needs you think are most important. And we will see, you will see it after, after the presentation. So, what are the audience needs. So land and play at the same time. Be active. Get instant answer answers to questions. Have a memorable experience. Understand, of course, engage emotions, activate different senses, immerse in a different world. Stay on light. Stay online all the time. This is very important. Take great photographs to share on social media. Take something away. And we have a new need, which is, which influences all those needs. I've mentioned. Stay safe. So this is a new need. Our, our visitors have, and we should really consider that and we should really think about the, about where we will, where we will be investing to take everything into account. So how we can satisfy visitors needs now. Also, we should take other important factors like how expensive it is. How long this technology will last. So it is for one year for three years. Or, or maybe longer. It is environmental friendly. It is relevant, relevant for, for the audience. And maybe other factors you will, or you will think about that. So, I would like to. So, I would like to taking everything into account. I would like to give you a few examples. To be considered in this new normal reality. So, first is the example of an immersion with podcasts. So, podcasts creating a deep experience. So, this is an example coming from San Francisco Museum of Modern Art. This, this podcast is called role material. And, and, okay, podcasts are very, very popular now. So, so the, the, the San Francisco Museum of Modern Art gives a podcast and, and this is a series. And each season they partner with a different artist and thinker who tells about the world through its work. So you can really go deeper. And the need behind that is maybe diverse in a different world. Maybe understand something deeply that different other needs behind that. So, another example is an experience rather than a visit and. And this is an example coming from tape from tape modern. An exhibition on some cold sunflower seeds of I way way and the project of tape modern was. One to one with the with the artist. So, in this exhibition. In this exhibition. Visitors could, could record the questions to the artist. And, and the artist was answering the questions. And, and the video were published on the tape modern website and I way responded to a selection of questions. So the, the need behind that is of course being active. And the last example is a trans media storytelling, which is also a big trend now. So the general idea is to, to tell. To try to communicate one content, what one cultural content, one exhibition, one story with different media. So in this specific topic. This is the exhibition. This is the exhibition about Van Gogh bedrooms. And so this. So this is an exhibition exploring that going showing Van Gogh bedrooms, but also. In the, in the. On the website, the visitors could see interactive screen and exploring explore details of works and also the museum cooperated with Airbnb. And, and there was also a room for rent modeled on Van Gogh's bedroom. So, so you tell the same story you communicate the same cultural project with different media. And, and the, and the need behind that is of course. Immers, immersing rather than, rather than visiting. Hey, and having a memorable experience, memorable experience. So the idea. So what should be next, what, what kind of technologies do should we develop as should be so this, those next steps should be developed based on on the audience needs. We should really go back to the audience needs and reinvent our museums. Okay, so I will stop there. So, I'm really curious how, how you, what, what are your opinion? Could you please comment a little bit on that? What do you think? So, okay. Do you have any, any comments on that? Does anybody has some comments? Does anybody has, have some comments? Okay. I'm a meal car said that in your museum, we used AR since yes. The question is what are some memorable VR experiences you've seen in museums. So, yes, yes. Okay. A meal car. So, I, I, I come, I understand you send the, the link to the website to see the. So, to see the AR. So what do you think what, what is the future of the, of the technologies? Christian, would you like to tell something? Okay, our museum and has yet to implement any modern technology ready. We are to renovate the museums this year. Okay. What is the acceptance and how do we find the needs of the audience? So, generally the idea here was to see, was to analyze the, the technologies and to see what, what are the, the, the needs behind. So this, in this analysis, I didn't talk with the audience. I only, we only analyzed the need, the, the technologies. So there is no, in this approach, in this, in this analyze, there is no analysis, there is no conversation with the audience. Yes, something you, you can, you can tell something in this presentation. Rossini, I think technology is the future, especially now that there's social distancing quarantine. Yes. Yes, I absolutely agree with you Rossini. And this is the technology is, is the future. And the idea here was to, if we would like to choose which technology we should take. The idea is here to go back to the needs and see what we're, what we really need in this specific situation. Audience needs modern technologies very well because they help them understand art more, more immersive. Yes. Exactly. So, yes, so people, people really need immersion, people need to interact. What's the role of emotion to stimulate learning with technology? What makes a memorable experience? So this is a big questions, what's the role of emotions, but I think the emotions make, it is a memorable experience. I think, take like, okay. So maybe, maybe somebody would like to tell something. Matea, maybe you will taste something, you will tell something. I would like you to participate here. Which technologies, technologies did you find most useful and engaging in your experience? So, I think this, I really believe in this audio tours and this, this immersion involving hearing and because this is like a very deep experience. You really go very deeply in that. And there is something in this, and you understand better, you understand more deeply. So, to be honest, I really believe in audio tours, but maybe not to, okay, we have those curatorial commentary, but also those radio drama and also maybe music only. Or maybe meditation only. So this is, I think this is, we have here with the audio tours a great, a lot of great possibilities to develop. And also those audio tours are relatively cheap. And they are long lasting. And I think this is something which has a future. Also, also maybe podcasts are a very good way to stay in communication with your audience. And yes, I think the podcast could be very interesting to complete the content you have to offer. And I think, okay, Rossini, yes, I agree that audio tours stimulates us to imagine more. Yes, it stimulates imagination. It stimulates something very deeply, I think, and it, they really give us immersion. They really give us something more. Yes, I really believe in that. Yes, Sergio asks about holograms VR and AR. I think it depends. There's no one answer on that. I think VR and AR are developing very quickly now. And also holograms are incredible because you can see, you probably know the holograms with recordings of Holocaust survivors, for example. So it is incredible to talk with them. And this is a way of conserving memory of those concerning memory of conserving witnesses of the memory of this is a way of conserving the recording with witnesses of history and interact with them. If budget is limited, what would be the basic modern tech that the museum should have besides the audio? I don't have the answers to all those questions, to be honest. Yes, I think the podcast is also a very good way to stay in contact with your public. And the podcast is not so expensive and it allows us to stay in contact with the public. Yes, lack of stuff. Yes, I agree that this is a problem because we should really learn quickly so many technologies and it is really difficult. Do you see this trend changing and museums considering? Yes. In our time, this is not really obvious to have new specialists in technologies. But in fact, on the market, there's a lot of professional partners doing very well with technologies. So I think, Sergio, this is the answer to you. I think partnering, working with specialists, it is a solution for museums. But every day still has to be managed internally. Yes, I absolutely agree. Okay, we have usually IT people in the museum, we have those partners and maybe this is not so complicated to learn those new technologies. So maybe we are, maybe, let's don't be afraid of the technologies, I think. So I think it is manageable. Yes, I fear, as Sergio, I absolutely agree, there is a fear of implementing. As I mentioned, we have here nowadays the problem of staying safe. So maybe, when implementing a new technology, we should really consider the fact how, whether we will touch something together or we will touch only our smartphones. So I think the problem of safety is also very important here. Patricia, would you say that museums are working around technology or it is the other way around? I'm not sure I understood this question. Okay, thank you, Amilkar, for this technology you sent on YouTube. Yes, I agree that Veronika, you wrote an interesting comment that there is a cultural change internally at the museums. Yes, of course, but I think in our museums, we really all feel that there is a special time and that we should really make a big change. And we really discuss more than ever with, we are discussing more than ever with our IT people and we try to find together a new solution. So I think we all feel that there is a big time of change. So what I presented is the way to work on next steps. So are there any online courses or some kind of education about what digital skills should be done in a Polynesian? We did a desk research on new technologies and we try to learn it via desk research and then we talk with expert agents. We have expert agencies, with expert companies, startups to learn how it could work. And also I think we are museums that does great work organizing meetings with startups. I think they started, we are museums started this conversation, this partnership with startups. What about creating a manifesto for the next museum concept, a list of recommendation at European level? Okay, it's an interesting idea. We are not completely in the digital area and many of the fears come from the analogical nature of the museums. I agree what has been said here, that there is a big cultural change we have now and we are really in a special moment nowadays. Please write something, share more experience with the technologies in your museums. Gamification, yes, gamification is a great thing and apparently it looks like it is mainly for teenagers and children. But also there are some examples of gamification for adults. Like I found an example in a museum of Scotland, Scotland Museum where they have a role play and they simply go to them. So there are such solutions for adults too. Yes, Natalia, you write that our children are already completely digital. So children born after 2010 are digitally literate in an incredible way. Handphone treasure across different museums. So I understand that Veronica said that this is a game, this is a game. Sergio, you said that you would like to share your website for those interested in digitally empowering museum experience. Okay, so this is interesting. Paolo, I think a user need is to use your own personal smartphone, yes, to interact and store information, to take home and review again, absolutely agree. Which is in your opinion the best device to use at the museum, especially now in the post-COVID area. Yes, I absolutely agree, you write that it is their own smartphones. So they take their own smartphones, so not museums, audio tours simply there. Sebastian, you would like to join and tell something. So please repeat, because there were some strange noise. Sebastian, maybe the older generation, Rossini, maybe the older generation can also be challenged to adapt. Yes, I agree, you would like to be challenged. You would like to adapt. Joachim, I believe immersive technology has great potential for developing empathy towards other cultures. Interesting, I don't work in a museum yet, but currently study arts and management and minor in virtual reality studies. Interesting. Bravo, I'm fascinated about the possibility of being completely immersed in another world and another time. Yeah, interesting. Yes, this is for it seems to be very engaging. In a conference I attended, they analyzed the success of a tech tool in a museum and people between 30 and 50 was the most engaged. So Marta, you would like to say that maybe not the youngest generation. Yes, that maybe young thought that in a museum they will not find tech. Yeah, this is interesting. Yes, absolutely. Yeah, museum is something old and the association with the museum is that this is something old. So thank you very much for your participation.


Hello everybody, welcome to this webinar. First of all, I hope you can hear me properly and I hope you can see my screen properly. Please, if you want to give me a feedback on the chat, that would be great. So we can get started right away. Yes, okay, that's perfect. So welcome, welcome to this webinar. I am very proud to present. I am Eduardo Buratini. I am a professional volume and order for traders since 2006. And educated trading educators since 2013. I'm from originally from Italy have been living in London for several years. And it's right there that I've started to get into the magic world of trading with volume, of course. Today, I am very proud to present this webinar organized by tick, tick mill collaboration with volumetric trading, which is a company presenting a very innovative platform a cutting edge platform in terms of trading with volume. Since it has borne on the 2018 with the purpose of creating an environment based on professionalism around volume and order flow analysis. And of course, on this goal are based all of the trading platforms provided by volumetric trade policies. And this is just the first of the series of webinars go through over the next weeks. There will be exactly 10 different webinars, we will go through the platform, we will have a look together at its features. Of course, we will go through many functions of this platform. And, of course, it wouldn't be it would be completely unusual talking about features of the platform if we wouldn't talk as well about trading with volume so we will go through a series of technical topics as well. In order to use properly cutting edge platform like policies. So, this is the disclaimer for for the webinar, we are going to get started in right one minute. Today, we will be talking about volume. So we will introduce a little bit what what really training with volume is. I will give you an overview of the of the platform of the boss is platform and its main features. Of course, we will go through a series of interesting topics such as connecting this platform to the tickmail to the tickmail data feed that our tickmail account can be connected to platform. We will have a look at some basic feature of like putting an order managing an order. And, of course, we will then start talking about volume. So why is volume important, which is the main topic of the webinar of today. So, let's get started, I'll give you an example of what boss is platform looks like. Here it is. So this is just a simple chart. Here you can see SP 500. And this is my personal representation of volume. So this is basically what I personally asked volume and order for trader to conduct a working with volume, okay trading with volume. So basically what I use is volume profile. Those are this is a 30 minutes chart and of course I have put right here the indicator of volume because what we're going to go through today is just is exactly volume in which way it can help out trading. Okay, so where we can start from let's get started by how this platform can connect it can work with tickmail as broker. So first of all, the most important thing to say is this platform can be connected to different data feeds. Okay, so in this example, I have a connection to CQG I have a connection to a tickmail account, and they can be connected at the same time. So basically for each instruments, I can decide whether I want to get data's from one feed or from the other feed. Okay. And of course, this functionality is also in terms of sending orders, because as you can see here on the right side of the screen. I have option menu, which allows me to choose whether I want to operate in a simulated environment, or otherwise I want to get my trades executed through CQG feed, rhythmic feed or tickmail feed, which is of course connected to a tickmail account. So this is first one of the most important features in my opinion, because many times that's that maybe we want to get feeds from an instrument from maybe CQG or some of the times from rhythmic some other times. Maybe there is a trade, which I want to take on a specific trading account I have personal you have three trading accounts. So, of course, I find this feature very, very useful, because it allows me to send order through different data feeds. And of course, I don't need to send my orders only to the feed I'm connected to. So I can have at the same time platform connected to a specific feed and get my orders executed to a different feeds. Okay. So this is, in my opinion, something very important. And at the same time, through this functionality, of course, now I will show you how to place some orders and how to go through the main features of the platform in terms of workability. I will use the moment the simulation environment. This trading panel is what basically we need to send orders, because as you can see we have the option to send market orders where the I'm sorry, just a second of dawn. Yeah, sorry. We can set buy market orders or sell market orders. And in this case, of course, the market order will be sent straight away. Okay. Another feature is, of course, the chance to to see the orders. So our entry level right here on the chart. Okay. And this is possible either for entry order and as well for stop loss order. So if we take, if we click here on the cell stop, I've taken a completely random long position at the moment. But if I want to place stop loss, all I have to do is click in here on the cell stop button. And yeah, by left clicking here on the chart, I can place my stop loss order here on the left.  So in this case, it will be $101.25. So basically, this is a very useful function as well, because many times it happens that we enter a trade, but we have to calculate based on the tick size of the tick value, what my stop loss will be. This function, of course, is something that doesn't need that to do that. We don't need to do that basically. And of course, the same thing will be applied to a potential target, because now we are long. If we want to set our target, so we will be using our cell limit order, which will be placed on top of our entry. Also, on the order acting as target, we will have the value of what our tech profit is going to be. So in this case, I have put this orders now completely randomly, but you can see my target in case it will be hit, it will be $170.50. So of course, those orders can be moved just right here on the chart, so we don't need to insert the value, the number of the price we want to be placing this order at. We just need to drag and drop the line and the order will be moved accordingly to our instructions. And of course, while the position is open, we will have here on the trading panel the indication of what our position is. So in this case, it says plus one because I have an open position, an open long position, and what my open PNL is. So in this case, unfortunately, is a few ticks and loss. Okay, but of course, as I told you is as a completely random position just to show you how it works. And in this case, another very, very useful feature that personally I really love is the chance of inside of a chart for the mini S&P 500. So basically, I am watching what the S&P 500 is doing. I can execute on the micro, okay, because directly here from this chart. Sometimes it happens, if we want to take the analysis in order to lead into the trade on the mini instrument, then we need to have another chart open for in order if we want to execute on the micro. In this case, we don't need to because this gray rectangle here, it tells us what instrument we are executing on. So basically all what we are doing with these kind of orders, I'll show you how to do that, it will be applied to the micro instrument for ES. Okay, so basically, we all we have to do just in case we want to have just a single chart and have a chance to execute on the micro version of the chart. We just need to double click here on this rectangle and then switch maybe to the MES instead of the plain ES futures. And of course, this is, this also apply if we want to, at the same time, maybe take another position. So now I have an open position on the micro, let's assume I want to enter long because maybe I have seen something else quite interesting but I want to execute on the mini ES. So all I love to do is just double clicking here, switch to ES. And as you can see orders, the orders I've placed on the micro are not there anymore. So now all I have to do is clicking again, setting my stop loss. And in this way, I can have a different order management system based on two different instruments, but basically on a single chart. Okay, so that will make life much, much easier to maybe traders having different strategies. Maybe you are trading with a strategy, which is a long term strategy and you want to get into the market using micros or in the same time, you have got maybe, I don't know, for example, a scalping trade, which you might want to take using a mini. Okay, this platform completely allows to do both of these things. Okay, then now, as you can see, I have two open positions. All I have to do if I want to flat this position or close this position is, of course, I can either close this position by getting my order stop order hit. So basically what I've done is just moving it to the level where the price was, or otherwise, let's get back to the position I had with micro. All I have to do is going flat position, so position will be closed at market where the market is. And I still have my pending orders for stop loss and take profit, which I can cancel by clicking here at the bottom console. All right. And this is why, why this, that's happened because I have put a single order in the platform. Of course, Volsys also provides the chance of having an OCO strategy set. So that basically that means, if I select OCO strategy, so basically one cancel other. If I get into the market right now with the market order, let's make an example. As you can see, I have my stop loss and target already set according to how many ticks I have set into the, in the settings. So where I want my stop loss and my target to be. And of course, after those orders are already sent to the market, then I can, I can just move the order and manage it as I was showing you earlier. The only difference is that the only difference is that of course, once one of these orders will be hit. All the position will be close. And of course, the other order will be automatically canceled. Okay, because it's like those two orders are connected together. Okay, it's basically like a bracket order. If one of these two orders gets hit, gets hit, then the other will be automatically canceled. This is particularly useful because especially if I want to have a fixed stop loss value. Of course, I don't have to place it manually as, as I enter the market, my stop loss will be already set. Okay, so I don't have to worry about that anymore. And of course, if I would flatten out this position, at the same time, yeah, as you can see, the stop loss and target profit order are disappeared. So when an OCO strategy is in play, of course, all orders are connected each other. So basically we will go through many other features of this platform next time, next Monday, and we will see how to connect it to the data feed. How we will, what kind of indicators it can provide in terms of the volume analysis. And of course, we will go through some topics in terms of volume analysis. Okay, but we will get started today talking about what volume is and why is it important. So basically, I don't know, maybe some of you will is already to trading with volume or maybe somebody will be just, is just curious about that because it is a topic which is quite trending at the moment. But let's say why is volume important volume is basically the measure of all the transactions that occur between a buyer and seller of a financial asset during a given period of time. So, in order to give a meaning to this, to this sentence, we will be using today the standard, the ordinary volume indicator, which is this one you can see here at the bottom of my screen. So, basically, what does this indicator represent? We have histograms representing volume exchanging that has transacted over a given period of time, which is basically the candle. If we are using a time chart, chart based on time, in this case, 30 minutes, each candle represents 30 minutes of price. Okay, so the corresponding volume histogram will give us the size of the volume trading over that period of time. In this case, if we take as example, this candle right here, we can see in this candle, 136,000 volume has been exchanged. Okay, have transacted. So, basically, we have already a correlation between volume and time. Okay, we will see. So, according to this information, we can see how price has moved and if volume was accompanying any price move. Okay, because of course, volume gives us a very important clue of what price can't tell us, because actually volume is very useful to track, first of all, the significance of a change in the market, especially for technical analysts. Basically, when the price of a security changes, if volume is high, it usually means that the move is more significant than if volume is low, when that price change occurs. Okay, in fact, the question we would always have to ask ourselves is, I've spotted price move. Okay, this is an interesting move, but does volume really accompany price? When large traders are interested in a security, this will be reflected in the volume traded. Okay, so that's why it's so important that any price move, any irrelevant price move should always be accompanied by price. Otherwise, that tells us if the price move we are considering is a genuine price move or not, basically. So, let's make a more detailed example. Here, we can see price was basically was sideways for the entire day. Okay, and before the opening of the US session, we didn't have so much trading volume. Of course, because volume trading was low. After Wall Street has opened, here comes the volume. Okay, and what happens while we have this volume, this actually arrived at the moment, the biggest volume histogram of the day, we see the price creating a new high, a new high at the moment. But the first question we would pose ourselves is, why on such heavy volume? The price wasn't able to make higher highs. On the opposite, it completely started a downward movement. Why? This is an example of volume, not a company price. At the same time, we can see that after this move has developed, after we had such a heavy volume trading on top of the day. On its pullback, what do we have? Decreasing volume. Okay, so we were able, price wasn't able to even retest the previous top, and in this case, volume was a company price, because we have buying volume, what we assumed to be buying volume much lower than it used to be on the previous attempt of making a new top. Okay, afterwards, what happens? This small range gets broken, and what happens? Volume increases. So in this case, we got this small range broken with volume, with heavy volume. In this case, we can see this histogram is colored in purple. Okay, this is because of a specific setting we have given to indicator that shows me that this volume was a majority selling volume. Okay, so there was a dominance of seller during that price bar. Okay, in fact, as we can see, then price had this seller's action had the follow-through, and we went straight to a level that I had previously tracked, because for many reasons, which will be discussed together during the next webinars, was a point of interest for me, was a point of interest for a possible buying. In fact, it is a green level. Okay, and actually, that information was quite useful. Okay, right now, at the moment, we are still on decreasing volume phases, which is basically what I would consider right now a neutral volume. So, why do I have shared with you this interpretation of market and volume? Because actually the easiest way we have to filter what the information that volume analysis gives us is, give me just one second. Yeah, we always need to consider the relationship between effort and result. Okay, this is a very important concept which was first said by Richard Wyckoff, in my opinion, one of the most important and most ingenious, which more than 100 years ago was already able to find out about this relationship between price and volume. What does it mean? For a specific effort, which is expressed by volume, we should always see a result, which is the price action, basically. So that means, if to a specific effort, let's assume many buying volume, buying the market, we would also need to see a result according to the effort. So basically, we need to see price rising, okay, price moving upwards. Because in that case, we would have harmony between volume and price action, so basically a convergence of factors. And that would suggest that that move is made in a genuine way in terms of volume, a company that move. But on the other hand, if volume and price action diverge, that would more suggest the possible change in scenario. Of course, that happens in direct proportion to that divergence. That was right example I was showing you on the chart. Here, we can see a new attempt of making a new top with a surge of volume. But basically, we can see after we didn't have a result, a proper result according to that effort. And in fact, this is a perfect example of a divergence in terms of volume, effort given and price action result. The opposite, as an opposite example, we can see here, we have a perfect harmony between effort, a surge in selling volume and price action. So basically the breakout of the previous low of this small range right here. Okay, so that would suggest us that I would have suggested us if we were in front of a screen at the moment of the US opening, that maybe this attempt of making new highs wasn't that genuine. In fact, in terms of what has happened after that, volume in this case could have helped us to preempt, even if preempt is a term, is a word that I don't like that much in terms of trading. But we could have a clue of what, that this top, this attempt of making a new high, so basically when price has arrived on the key level, wasn't so much, that was more likely to be a false break than a genuine breakout. Okay, of course, there are many ways to use this interpretation, this analysis, because actually we can use these very simple but straight and plain concept of effort result convergence and divergence between volume and price move in many, in many ways. For example, we can analyze the price candle after candle and seeing what volume for each candle tells us. So that means if we have trending candles is price move being sustained by volume. Let's have an example using another chart. Yeah, a five minutes chart. Of course, we can have more example. Okay, since we have more candles showing the price action here. We can see, apparently, until so far, at least so far, it seems like market has found a bottom. Okay, and it's slowly retracing upwards. Okay. What kind of volume we have on this retracement? Okay. We, after the bottom was created, we can see, first of all, volume getting lower. Okay, but then two candles ago, right after this top was taken out, we can spot a sudden surge of volume compared to the previous bus. Okay, so basically, that suggests us that this small trend right here coming up from the bottom, it is quite accompanied by volume. And of course, we would tend to see this information if we compare the volume Instagram to the single price bars. For example, you can see here, we have two bearish candles, two red candles. On these candles, then on the first red candle here, we had quite high Instagram. On the next red candle, we have a much more lighter volume accompanying this candle. Okay, and then we have the surge in volume I was talking about earlier. Okay, so that would suggest me that so far, this previous down move is maybe more likely to be retraced. Okay, until where? Until the volume, until we reach the level where the biggest amount of volume has been traded. That means here, this is the start of the move. Okay, of course, we can apply this key interpretation also by swing. Okay, that means volume in these examples can tell how in such certain senses can tell us if price is trending or if trend is about reverse. Let's make another example. Normally, during trends, trend conditions, we are more likely to see volume increasing during direction of waves and volume decreasing on retracement, basically. Okay, if we make an example based on the day of Friday, last Friday, hold on just, yeah. Okay, if we want to divide this trend into waves, so basically like this, we'll see that we have much more volume. More volume peaks during trending waves and a decrease, volume decreases on these retracements. Okay, and what I personally here find very straightforward is this histogram here. It happens exactly, exactly at the end of this retracement after volume has gone down. Okay, and then these shows us that the price is willing to actually get on with the trend. Okay, and then we see that volume is quite sustained until what happens, we have a huge surge in volume right at the end of the move that top gets the attempt we were talking about earlier today. And how is this top made? Sorry, this top made with much, much less volume. So basically, this is another reason compared to the other day when the top was made. If we analyze this situation from this perspective, we can see that we had an exhausted top. Okay, but from the perspective of today, we had lots, we have lots of volume trying to break that high and actually didn't make it. So that divergence of a massive effort with basically no result. Okay, I think we are, I have said everything for today. Any questions about the volume, about the analysis I have shared or about the about using the platform, of course, let me just have a check on the chat. No questions. Okay, so hopefully, hopefully everything was crystal clear. Okay. So, there is a new message. Can we see the exact volume number on each bar? Yeah, of course. Maybe what we can do to have this info, we can put the cursor here and the value showing on the right side will give us exactly the number of volume traded, in this case 16,899. Of course, this is a value according to this, referring to this candle. Okay, so basically to five minutes of price and within this range. Okay, this range for the candle. Of course, this is still basic information because over the next appointments, we will go through many application of volume analysis. We will also talk about all the flow analysis in the last two or three webinars. And of course, we will go much deeper than that. But today, we have, we have seen, we have, we have seen together how also very simple volume analysis, made and based on just three concepts can also can still give us very useful and important informations. So, I can, sorry, I'm just reading question. Yeah, can the histogram volume be divided into bears and bull to see sentiment? Of course, yes. Yes, that can be done. We will, we will talk about that on next webinar when we will be talking about how to set this volume indicator, which, as you can see, not only shows us the amount of total volume transacted for each bar, it also can give us gives us informations about what if sellers or buyers were in dominance for that, for that bar, basically for that period of time. Then is volume and universal measurement or does it only reflect the transactions within a particular brokerage? If we are working with a futures instrument, volume is centralized by the exchange. So, basically, we have universal measurement in that case. So, for example, right now, I am looking at the ES future. So basically, this volume is universal for everybody watching the ES and same things for NASDAQ for any future. Okay, so, I am very happy to thank you so much for your participation, for your attention, and hopefully, as the first webinar, it caught your interest. And for any information, you can refer, you can ask for any inquiries to this email info at volumetricartrading.com. Next webinar will be next Monday, so March 28, still at 7pm. And we will be talking about a deeper overview of Volsys platform. We will have a look on how to set up the platform, how to make a proper order management, and we will talk about volume-based indicators more deeper than today. And we did today. Okay. Thank you so much. This was an excellent session. Thank you very much. I am really so happy to hear that. And to suddenly it will be possible to rewatch. I think so, because as I'm recording the entire session, I think TickMail will make it available for viewing. Or maybe I think it will be on the private area. Okay, so, yeah, it will be everything is recorded. So, okay, so thank you so much again for your attention and for your participation and a good evening and see you on next Monday. Cheers.


of which there are many, friends, colleagues, ladies and gentlemen, Brendan. Thank you for your very kind and overly complimentary, I think, introduction. We did soldier together, I suppose. One of the most important issues that this country had during the fiscal stability referendum that Thysiak asked me to front up an internal strategy group that was to bring civic groups together. Brendan was very heavily involved as well. Of course, that campaign was successful and I think has proven to be extremely important since for our country and our role within the European Union. So that's how we originally got introduced and perhaps in some small way is one of the reasons where I'm standing here as Minister for European Affairs and just acknowledge Tom Arnold as well. We had a lot to do with each other down in Cork when I had the great pleasure and privilege of being Lord Mayor. It's a huge pleasure for me to be here today in one of my first addresses really and my first time addressing the IIEA and to thank you all for giving your time to come out at lunchtime. My few words is a little bit long, we were going through it so I hope you'll indulge me because it's important that I set out, I suppose, what I believe is my vision for the next year and a half or however long I would be Minister for European Affairs and Data Protection. I was, of course, formally on the Iraq this European Affairs Committee which is a committee of the Doyle which functions particularly well. So I'm going to talk to you today as well about the challenges that face us with respect to data protection and of course European Affairs and data protection are not at all disconnected from each other but first of all I want to talk about the European Union. About a month ago I was in Brussels and a meeting cancelled early which never happens normally in Brussels and I went to see the palace, the Royal Palace and I was reading a section from the diary of King Albert who had visited Prussia to meet with his cousin Kaiser Wilhelm and the discussion centered around the fact that would Belgium join Prussia in the war with France that was going to happen and the narrative was that of course there would be war with France because there was always going to be war with France and of course there was and this came to pass 100 years ago from today on the 28th of July and it cost 37 million lives and effectively that war lasted until the end of World War II for 31 years and it's so easy for us now to forget when we're talking about lending and borrowing and fiscal rules, single growth packs and all the various parts of the discussion and the narrative within the European Union that what we have in Europe now is a peace process and it's a peace process that is now 65 years old and we need to remind ourselves of that I think from time to time and we also need to remember that what emerged from the fields of Flanders after World War II or the battles were fought between World War I and World War II should never be repeated. Today we have 28 member states with the commission, the council, the courts and the various banks and just like 20th century, sorry and of course just like the start of the 20th century European nations and our peoples still have their differences. However now our differences are over fiscal policy. 100 years ago our differences were over land and they resulted in wars and as we move out of the experiences of the past seven years and the hardship we have endured and encountering the effects of the global crisis I firmly believe that we need to spend time reflecting on what we have achieved and appreciating the fact that the European Union though far from perfect is now good enough and I suppose that's the main theme that I want to tease out and discuss so maybe in the question and answer session afterwards we can come to that but if you compare the European Union with the United States indeed with the individual member states you rarely if ever hear any dialogue surrounding the institutions that they have. Apart from in Ireland we had a debate last year about the institutions we have and we all know how that turned out with our senate but I do think it's time and this is a theme I think that needs to be developed across the continent some countries support this others are less sure I think we need a period of reflection and we need to try and get more from what we already have from our existing parliament from the commission itself from the various commissioners of course and their staff rather than constantly trying to see if what we have needs further tweaking and needs further adaptation the new commission will have a strong role I think in that regard and it's packed this time with great political experience it has five former prime ministers four former deputy prime ministers and seven returning commissioners who have come back and I think it's important that we mention a word for our own commissioner Phil Hogan and I think it's significant for Ireland that one of our leading political figures who certainly has strong political skills has been given such a critical portfolio we in this country have developed very strong pharma and technical sectors but we cannot forget that Ireland pass and I believe even more so in the future is a country that has always had as our bedrock the industry of agriculture and food and in that regard we've always been leaders in climate efficient agriculture and next month the European council is what's called the climate council and we have very significant interest in this regard because we already have one of the most energy efficient agricultural industries in the world because most of our agricultural produce is grass-fed and agri-food is fundamental to Europe's food security you know we frequently hear reference to energy security and rightly so Europe at the moment is energy is vulnerable with respect to energy supply and while we have a very large food surplus in the European Union at the moment it's a surplus that requires to be to be protected of most importance to our 500 million people is the knowledge that we will always be able to give ourselves the most basic of all provisions which is the ability for food we're now at the moment without the distraction of crisis management and I think the focus has to shift to coordinating economic recoveries we need to find ways of re-engaging with our people and allowing them to reach their full potential and we had this discussion over lunch we had a lovely lunch before we came up to here and it's about I suppose a period we've had in our country now where we've been trying to sell to the Irish people and indeed right across the continent the European Union governments have been trying to sell a variety of economic measures, fiscal corrections and even treaties it's time we also I think it's time we spent more time talking to our people at a very young age through schools, through the universities and right through every part of Irish society about the benefits of just being European itself about our culture and about our way of life and about what we share rather than the necessary dialogue that we've had to have over the last number of years that's not to say of course that economic issues and still won't play a huge role for all of us and President Junker has set out a new 300 million strategic agenda package to target investment and to stimulate growth and jobs he speaks of a union of jobs, competitiveness a union that empowers and protects all citizens working towards an energy union with forward-looking climate policy and a union of freedom, security, justice and I suppose finally a union as a strong global actor and we are seeing that I think the last one in particular in how Europe has to respond to the great threats it faces from the east now these are all laudable, ambitious and well-taught-out aims and they represent the cornerstones of a new European union and I suppose for people like me and for all of us they also mark out the cornerstones of where together we are trying to go but you'll have to indulge me today if I focus on the one that for the moment is the most important not just for Ireland but for the union as a whole and that's the area of growth, jobs and competitiveness now growth is one of those terms that's almost become a buzzword it was the motto of our presidency it was on the posters we had during the fiscal stability treaty and it's bandied about in policy documents and politicians invoke it almost if not all the time but growth of course is much more than a mantra it's about reducing unemployment creating new jobs creating opportunities and empowering our citizens to be the very best that they can and most of all it's about fostering an environment where our young people have hope for their own futures so the challenge for the European Union is to create a political, commercial and social environment that will spur that sentiment now we're all aware of our own efforts in Ireland and you're tired of reading them about them I'm sure and you're also I suppose more recently listening to the narrative about moving away from the boom and bust but it is important to say that our economy is recovering and I think that's a testament to the work of the Irish people our sacrifice is hard work and capacity to embrace difficult reforms explains why hopefully we now will move on from the boom and bust cycles of the past and it's our responsibility to ensure that we now have a period of solid upward growth however there are no short cuts to achieving growth and every nation in the European Union has to take responsibility for implementing structural reforms designed to make our economies more responsive more competitive and more flexible the stability and growth pact is not a pact that should be applied solely to smaller countries it is fundamentally in every country's interest to ensure that its provisions are respected the council has made it clear that members of states should respect the existing stability and growth pack rules and Ireland certainly and the council believes that there is significant flexibility afforded by the pact rules another key role for the European Union must be in encouraging growth in trade do you have many protectionists here Brendan is it protectionist free zone breaking down barriers to international commerce has unquestionably the capacity to boost demand it encourages innovation and it generates growth and creates employment if we need an example the single market of the European Union is the obvious one that is why our government like our neighbours across in the United Kingdom are firm supporters of the European Union's trade agenda this is at a time when Europe is crying out for more demand and for more markets and yet we have this within our gift and we cannot afford to ignore the potential positives this within our gift is of course the transatlantic trade and investment partnership, the TTIP and this should be an absolute focus and is a priority for the government there are of course concerns every country has their concerns we have for example a concern with respect to beef and it's one that we will be bringing our concern there is that the same rules apply to Irish beef, European beef as they do to American beef but every country will have their own areas of concern and it's important that the collective ambition is achieved so as important as trade is our EU digital agenda and the completion of the digital single market and there's huge potential here for Ireland to lead the world when it comes to e-commerce and next generation telecoms not just Ireland but the European Union as a whole and while the challenges are not negligible the reality is that our economies are becoming increasingly digitalised and we have no choice but to meet the needs of digital customers nationally there's a report I read last week that suggests that the digital economy in Ireland will expand in the next six years by 100% it will double in the next six years so Ireland will be pushing hard for much further progress on the digital agenda in order to boost growth and job creation now this brings me to I think the area that's perhaps of most interest or of some interest to people who are aware that I'm also the minister of state for digital protection and I'm the first minister with such responsibility in the European Union and I think in creating this portfolio the Taoiseach and the government is reflecting the importance of the ICT sector in our economy and the role it has played to date in our economic recovery and indeed the huge role it can have in the future of our economic recovery but it is also a recognition of the importance of effective data protection in the context of personal freedoms and civil liberties and also the need that we have to take in taking a whole of government approach to the issues which the dramatic increase in personal data is bringing about so my portfolio links some of the major themes that we face as a society today the impact of technology the influence of the European Union the place of multinational companies in Ireland and the role of regulation by the state and all of these hugely impact on our daily lives this is why I view data protection as a form of asset management our data is one of our most important and valuable assets it's inextricably linked with our identity and how we function in society be that through social media or through our presence online for banking, shopping or the daily management of our lives and like every asset data needs the optimum level of protection while also ensuring that this is within a world-class environment in which it can realize returns for the individual and I suppose that's essentially the key point of all of this the bottom line for data protection is that individuals feel that when they hand over their data when you hand over your data for whatever the purpose or reason that it is afforded the best possible protection from undue use and that the privacy is respected whilst enabling then the benefit from the full range of digital services and businesses so in engaging with the businesses that you can engage fully but in the knowledge that what you hand over of your own personal data is indeed protected and we know that these services are set to increase exponentially as emerging global trends see society and industry make greater and innovative use of data as a resource for providing and availing of differentiated services and data analytics technological advances and new business models such as smart devices cloud computing, big data, present new opportunities for business but they also pose new challenges for individual privacy and they give rise for a need to update the framework to protect individuals' privacy rights and facilitate business in the digital age can I take a drink? the data protection stuff is tough going excuse me so given our position here in Ireland we have a tech technology hope is you're all aware and we will have to ensure that Ireland will really be at the forefront of this thinking and that the new norms that are established whether by regulation, industry or otherwise whether they're between the interest of industry or service providers whether they're between individuals or groups that the basis in fundamental rights is protected that's why I'm initiating a process whereby the government will be clearly present in a dialogue with business and civil society on issues arising from the continued growth in personal data and technology we are initiating high level engagement with academic and legal experts and others the outcome of which will contribute to the elaboration of future policy this is also with a view to influencing thinking however at European Union level and this is to ensure that we have an appropriate data protection regime for the fast changing technology environment the issues on which I propose to engage with industry and civil society will clearly also arise in our own public sector where the challenge is to treat personal data with respect and to ensure there is no lessening of the trust that must exist between the individual and the state the public sector is under pressure to deliver services better and in new and innovative ways it is vitally important that safeguards are put in place to ensure that this is done properly and with due regard for the rights of our citizens equally in order to deliver the best possible service to ensure ease of access to that service and to implement fully modern, inefficient and effective public services there is an argument that channels for the flow of data between our departments and agencies needs to be established of course enforcement of our data protection legislation is the responsibility for the independent officer of the data protection commissioner and I very much welcome the recent appointment of Helen Dixon and also wish a happy retirement to Billy Hawks who did an excellent job as her predecessor the office was established in 1988 and it undertakes invaluable work such as the recent audit of Facebook which has garnered international attention but unfortunately it is massively under resourced for our needs the office requires more specialists, more support staff and a modern building that is fit for purpose this would be in addition to the existing business our existing presence which is in Port Arlington and I am very optimistic that these ambitions will be achieved in the short term we want to build on what we have to ensure that we develop a best in class data protection ecosystem and Ireland can achieve and does achieve frequently in many categories to a point where we can claim to be best in class the aim of the government and my own aim is to make Ireland a more attractive location for future oriented elements of technology providers whilst delivering a data privacy policy environment which gives individuals the confidence that they require that is not to say that we do not have a strong and appropriate data protection regime already our legal framework for data protection is derived from the data protection acts of 1988 and 2003 which affords very strong privacy protections and equips the office of the data protection commissioner with the necessary powers it needs of course it is important to point out and this is sometimes missed that the data protection regime in all EU member states are based on the same European Union directive so essentially there is no difference between the law here and the law say for example in Germany or any other member state the point is often misrepresented in the discourse on data protection right across Europe our data protection regime will be open, transparent, fair, fit for purpose and of course within European law and the European data protection directive entered into force in 1995 so times have moved on and we acknowledge that and the sheer pace of technological advancement and innovation means that we need to regulate the current modernize the current regulatory framework the EU data protection reform package has now been under negotiation for almost three years and while we have to acknowledge this is a complex area the potential benefits of a new regime are very clear I am very conscious of the need to balance in a proportionate way the requirements of the regulatory environment with the needs especially of small and medium sized businesses the full benefits of the digital economy will only be realized if citizens have trust and confidence in what we deliver at a European Union level of course new technologies have changed our lives generally for the better and new uses are being developed every day big data and other innovations offer the potential for future seismic shifts Ladies and gentlemen, between data protection which I've probably given a little bit too much time to and European affairs I very much look forward to having my hands full but there are exciting times and I look forward to meeting the challenges that are ahead both the government and the European Union I think will have to be brave and decisive across the full policy sphere and not afraid to move away when hard decisions have to be made but I suppose all of us and especially everybody here in this room because you clearly have a love and a passion for this beautiful Europe that we all share have a role in protecting this continent and I look forward to playing my part in that and I would like to thank you for inviting me and I'm happy to take any questions you may have Good evening Mahaka, thank you very much