Bruce Pringle of Bookmap shows how to see confirmed stop runs and iceberg orders, revealing who’s actually in control of the move and why futures’ centralized order book gives retail a transparency edge.

He introduces a hands-on Pilot Program that focuses on one setup using Replay + the Bookmap Journal to prove an edge with stats before scaling. The MBO bundle surfaces factual stop/iceberg transactions; filters (including standard-deviation thresholds) and cumulative sub-charts help separate signal from noise and spot regime shifts.

They walk through a cascading stop-run example, the common “vacuum” rebound after sellers are washed out, and how icebergs often absorb flow on the other side.

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