i just gotta say bro, you are one of the best order flow teachers out there! The reason your videos aren't getting a lot of attention is because 99% of the traders out there are not willing to learn how to actually understand what the market is doing and why it moves.
Thanks Carmine. Excellent video and it really motivates me to keep trading. Every time something clicks in my brain, I know I can get better and better. That is my goals. Support and resistance was amongst the first things I learned.
You’re the greatest you’re really help me out these videos you’re uploading are helping me in my trading massively and I appreciate you for that god bless you
Great video Carmine, thank you - I am struggling to find the Support and Resistance levels in Optimus Futures - I don't want to be drawing them every time - is there an indicator which shows them or a function to have them on my charts - I fear I might get caught up in drawing those levels and miss a key movement.
So is this in your new course but not in the original course? I don't recall this info being presented in this way in the original course but I may be incorrect. The details in this video is game changing; I understand better now 🙏🏼
Say we sell off, and than we range. What do you do in a situation like that? (Note: You are trading options and theta burn is eating into your premium)
Hey Carmine can you make a video on how you set your target? Like how do you know to go for 3R or 5R on specific trades? And how you manage the trade? Are you moving the stop loss in the money after let’s say reaching 2R bc you going for 5R.
«when passive buyers are stronger than aggressive sellers» On the tape aren’t these the same? It’s on the bid side, right? So how do we tell which one is which?
@@daltonyz you're correct but what he's saying is that when aggressive sellers dry up, what to you have left? You have no more aggressive sellers to overpower all the passive buyers so the only thing that can happen next is for the market to go up because that's where the next transaction is. Think back to the house buying example he gave
@ yeah, gotcha. I was just wondering when you’re in the trade and you see lots of selling/buying and often times it’s hard to say if it’s sellers or buyers. Orderflow can help, but still wanted to get Carmine’s thoughts on any additional tips in differentiating
He doesn't have time to trade live and teach peasants. When you become profitable at trading, your sole purpose is to make money, close shop and come back the next day. Rinse and repeat. The fact that he's doing these videos is awesome, so, learn and watch these videos over and over. Learn auction market theory (volume profile).
Over time I've found zones bring alot of subjectivity into my execution style. I'm finding success using one line instead..I wait for price to overshoot the line then use the wick above/below the level as my stop
How do you use Sierra Charts also? From what I’ve read online, all the stuff you use on bookmaps could also be done with Sierra. Maybe I’m mistaken. Also what data feed do you use and does one subscription work for both your sierra charts and bookmaps? Thanks Carmine, keep up the good work
@Gloryboiii Sierra has a heatmap but it's not filtered, i tried making my own several times! On Sierra there is CME data for $2 and $12, the $12 includes Depth of Market. Bookmap offers Tradermap Lite and Pro which is an add-on that effectively filters out Market Maker bots from the heatmap. Much cleaner map. For data, unfortunately Bookmap doesn't accept Denali data so you need a separate data feed.
Technically, what happens to cause a support level to become resistance? Or a supply level to be retested and become demand, why does this happen volume wise…?
Hey Carmine you are an absolute game changer bro. I am enrolling in your course once I get accepted for the new year enrollment. I do have one question though? What software plugin do you use for your footprint charts? I use think or swim but haven't been able to use the strategy simply because I dont have access to footprints. Thx bro and stay fly!
Isn’t this the same concept as supply/demand? For demand there’s more passive buyers than aggressive sellers and for supply there’s more passive sellers than aggressive buyers. Is there something that makes this different from supply/demand or vice versa?
"As I often remind fellow traders, it's essential to make the most of each market we enter. Right now, Bitcoin day trading is at a high point, and Coach Garrett Eaton’s insights have been incredibly valuable with his spot-on predictions. Definitely a 5-star guide!"
If you know Garrett Eaton, then you must be a successful trader by now honestly. However i must confess that his technique is very different when it comes to Bitcoin day trading.
16:08 So, if the price stopped going down due to a large number of passive buying, you would interpolate this support could be strong. On the other hand, if the price stopped going down due to a large number aggressive buying, you interpolate this support could be weak. Perhaps, large institutional buyers and long term investors are more likely to place passive orders and short term traders are more likely to place aggressive orders. This is very interesting.
15:55 ""What makes a weak support levels, is if there are lot of aggressive buyers trying to bring the market up higher "" Can you pls give a clearer explanation
I also trade ES Carmine. I get your point about obvious vs non obvious. But did you notice how market switches gears and sometimes easy trades just work. You buy dip and hold all day. Like right now. And then market switches gears and becomes more tricky, starting to shake out those obvious entries etc etc? Is this on purpose, like market is conditioning you to do something and then it switches on you. And then you get conditioned to those tricky entries and you wait for shake out to Enter and suddenly it doesn’t work anymore. It’s just work at the 1st obvious Entry again.
@ yes for sure but also with sprinkle of discretion as well. 25% of the time reEntry is needed even you stay mechanical. About my point, did you noticed those gear switches in the price action as well? I can’t be the only one thinking that.
Bro, I'm loving the videos and your footprint indicator. It's great some profitable traders share their knowledge for free. How do you get access to your indicator?
Wraping up my 1st year trading -$7,000.00 over all. I've blown every single account I've started. $200-$600 accounts trading S & P 500. Made it to $3,400.00 on one of them just to lose it all in 1 news event.
@@nataliegura2053it def is the best episode but even in his course he doesn't have it worded in the way. He's away said "the market moves up until the last buyer buys" but he's never said resistance is where "passive sellers outweigh aggressive buyers" and that is blowing my mind right now. That makes a lot of sense and is very helpful
These concepts take a long time to learn. I had to make flashcards and study them to understand what Carmine teaches about the market auction. If you put in the effort to learn, you can be successful. You'll need more than just this order flow series
Carmine, This is excellent and I really appreciate you are teaching this, but you realize that you are changing "Non. Obvious" to "Obvious", right? In other words, you are potentially seriously hurting yourself. There are only a finite number of participants who are willing to take the opposite side. You potentially are reducing these people and adding more people to your side, which could hurt your trading greatly depending on how well you teach us. This series of vides could be the small butterfly in Chaos Theory that could significantly change your life later on. I'd like to know why you want to take this risk.
This put me to sleep 😴 there's way too much talking. The editors need to add more sound effects with transitions and cuts, and make your voice louder as well.
You’re probably not really interested to become a trader then! Sometimes when traders find their strategy they spend hours in front of the computer learning and getting bored and so on!
@massihtaufiq3269 Dude, I was just giving a suggestion the the creator about his presentation to make it better. It was constructive criticism I literally fell asleep at my desk while watching this, and it's okay. I was eager to learn. It has nothing to do with my thirst for learning. I did click on the video
Well he is not here for entertainment purposes. He literally trying to teach you something. Giving away his experience and hard learned lessons for free. If you have an attention span of a 2 year old i have a news for you. Trading is probably not for you
i just gotta say bro, you are one of the best order flow teachers out there! The reason your videos aren't getting a lot of attention is because 99% of the traders out there are not willing to learn how to actually understand what the market is doing and why it moves.
Thank you Carmine. Really appreciate your thoughtfulness and willingness to help many of us underachieving traders become better traders.
Best Trading series on TH-cam!
Best episode so far. Really good content here
Another great video. Carmine is the best. Please make a video on how to set up the Sierra charts . Thank you.
The Real Edge for Retail Traders. Next Video would be the cherry on top. Institutional players are the Volume. Cant wait great job 🔥🔥🔥🔥🔥🔥🔥
Can you trade with these understandings on small cap stocks as well? Or do the rules change
Awesome! This is REAL LOGIC on Order flow, Buyers and Sellers....
yes, yes it is
@@carmine_rosato I've learned so much from you thank you. One question that I have is how may I access the order flow you're showing on your videos?
Thanks Carmine. Excellent video and it really motivates me to keep trading. Every time something clicks in my brain, I know I can get better and better. That is my goals. Support and resistance was amongst the first things I learned.
Great video, I'm late to catching up on these. This is essentially the bread and butter of all my trades right here. So powerful.
Your content is amazing. Greetings from germany
Hey, thanks!
Carmine all ur videos are awesome but this one is ridiculous man you are the best cause you think outside the box
Exellent video carmine , thank you for taking the time and teach us all this info !
Great Video. As Always Carmine did not disappoint. Thank you for the information and great lessons.
This is so well explained. Great job!
Nice explanation , but what time frame you are using?
the "now". I explain it in the following videos
@carmine_rosato your efforts are appreciated ❤️🩹
this series is great, ty for making this
Amazing video Carmine - thank you.
This series is awesome!!!!!
Great work!
Awesome man. thank you for the info. Keep up the great work.
You’re the greatest you’re really help me out these videos you’re uploading are helping me in my trading massively and I appreciate you for that god bless you
Thanks Carmine! Awesome Awesome Explanation. Have a Great 3 days weekend. Always watch it twice!🙏
Great video Carmine, thank you - I am struggling to find the Support and Resistance levels in Optimus Futures - I don't want to be drawing them every time - is there an indicator which shows them or a function to have them on my charts - I fear I might get caught up in drawing those levels and miss a key movement.
So is this in your new course but not in the original course? I don't recall this info being presented in this way in the original course but I may be incorrect. The details in this video is game changing; I understand better now 🙏🏼
Thank you for this‼️
Thanks great content !
Say we sell off, and than we range. What do you do in a situation like that? (Note: You are trading options and theta burn is eating into your premium)
That’s why a stop loss would have prevented you from being in this situation
Hello, Always coming through with great video.
When you say volume tail, Do you mean area where volumes dries up?
Thank you for all the education brother! 🙏
Great video. You look like Commander Shepard from Mass Effect 3.
Great content again!!! Hope your 80-year-old grandmother is using order flow too 😂😂😂
This, this right here is good sauce
Hi first of all thank you, when is the next episode coming out ?
I just posted episode 6 yesterday
@@carmine_rosatothanks
Thanks dude. 👊🏾
Hey Carmine can you make a video on how you set your target? Like how do you know to go for 3R or 5R on specific trades? And how you manage the trade? Are you moving the stop loss in the money after let’s say reaching 2R bc you going for 5R.
Top Notch Video!!! I need to do some more work on my Sierra Charts....
Hey Carmine, what is the Volume price multiplier do you use ?
Studying!! Thank you Carmine
Ty Carmine. I’m currently using TOS which does not support DOM charts. What platform do you recommend for a beginner trader to use?
«when passive buyers are stronger than aggressive sellers»
On the tape aren’t these the same? It’s on the bid side, right? So how do we tell which one is which?
Passive limit buy orders are not the same as aggressive market sell orders that hit the bid
@ why not? Passive limit buy orders are on the bid side just as aggressive sell orders when ppl hit the bid..
@@daltonyz you're correct but what he's saying is that when aggressive sellers dry up, what to you have left? You have no more aggressive sellers to overpower all the passive buyers so the only thing that can happen next is for the market to go up because that's where the next transaction is. Think back to the house buying example he gave
@ yeah, gotcha. I was just wondering when you’re in the trade and you see lots of selling/buying and often times it’s hard to say if it’s sellers or buyers. Orderflow can help, but still wanted to get Carmine’s thoughts on any additional tips in differentiating
I wish you could be convinced to do a live stream on Bookmap's TH-cam every week
He doesn't have time to trade live and teach peasants. When you become profitable at trading, your sole purpose is to make money, close shop and come back the next day. Rinse and repeat. The fact that he's doing these videos is awesome, so, learn and watch these videos over and over. Learn auction market theory (volume profile).
@user-khe85it rude af
Thank you for the information brother
Over time I've found zones bring alot of subjectivity into my execution style. I'm finding success using one line instead..I wait for price to overshoot the line then use the wick above/below the level as my stop
Honestly this depends if the stock is trending or ranging. What do yall think? Most traders fail because of risk management and psychology.
Hey Carmine, the Delta Order Flow Footprint as shown in Sierra Charts , is your set up different than the one is showing?
How do you use Sierra Charts also? From what I’ve read online, all the stuff you use on bookmaps could also be done with Sierra. Maybe I’m mistaken. Also what data feed do you use and does one subscription work for both your sierra charts and bookmaps? Thanks Carmine, keep up the good work
Like I’ve seen some guy Ticino trader has a bookmaps template for sierra, what do you think of it?
@Gloryboiii Sierra has a heatmap but it's not filtered, i tried making my own several times! On Sierra there is CME data for $2 and $12, the $12 includes Depth of Market.
Bookmap offers Tradermap Lite and Pro which is an add-on that effectively filters out Market Maker bots from the heatmap. Much cleaner map.
For data, unfortunately Bookmap doesn't accept Denali data so you need a separate data feed.
16:27 "How do you identify support levels that is created by the aggressive buyers and passive buyers"
Thank you for sharing! What’s the timeframe you use for the footprint charts shown in the video?
Nevermind, just noticed the numbers below and saw it’s 30 min. Thanks again!
Technically, what happens to cause a support level to become resistance? Or a supply level to be retested and become demand, why does this happen volume wise…?
Hey Carmine you are an absolute game changer bro. I am enrolling in your course once I get accepted for the new year enrollment. I do have one question though? What software plugin do you use for your footprint charts? I use think or swim but haven't been able to use the strategy simply because I dont have access to footprints. Thx bro and stay fly!
Do you have a template for your footprint settings?
I thought double bottom means usually take long ? No?
Very good
Isn’t this the same concept as supply/demand? For demand there’s more passive buyers than aggressive sellers and for supply there’s more passive sellers than aggressive buyers. Is there something that makes this different from supply/demand or vice versa?
"As I often remind fellow traders, it's essential to make the most of each market we enter. Right now, Bitcoin day trading is at a high point, and Coach Garrett Eaton’s insights have been incredibly valuable with his spot-on predictions. Definitely a 5-star guide!"
He's mostly attend on Telegrams.
@GarrettEaton ..that's it
Yeah at the moment its better to get involved in day trading rather than just Hodl.
If you know Garrett Eaton, then you must be a successful trader by now honestly. However i must confess that his technique is very different when it comes to Bitcoin day trading.
i have been on his coaching scheme for over 8 months now and the outcome has been wonderful
where do i get the footprint chart?
16:08 So, if the price stopped going down due to a large number of passive buying, you would interpolate this support could be strong. On the other hand, if the price stopped going down due to a large number aggressive buying, you interpolate this support could be weak. Perhaps, large institutional buyers and long term investors are more likely to place passive orders and short term traders are more likely to place aggressive orders. This is very interesting.
Is this sierra delta
the foot print is ,
masterclass
How can we get the order flow chart please
15:55 ""What makes a weak support levels, is if there are lot of aggressive buyers trying to bring the market up higher ""
Can you pls give a clearer explanation
makes perfect sense ,
I also trade ES Carmine. I get your point about obvious vs non obvious. But did you notice how market switches gears and sometimes easy trades just work. You buy dip and hold all day. Like right now. And then market switches gears and becomes more tricky, starting to shake out those obvious entries etc etc? Is this on purpose, like market is conditioning you to do something and then it switches on you. And then you get conditioned to those tricky entries and you wait for shake out to Enter and suddenly it doesn’t work anymore. It’s just work at the 1st obvious Entry again.
U gotta be specific and mechanical
@ yes for sure but also with sprinkle of discretion as well. 25% of the time reEntry is needed even you stay mechanical. About my point, did you noticed those gear switches in the price action as well? I can’t be the only one thinking that.
@@realitycheck_ that's why I predict the market not just react
@@realitycheck_ learn anticipation trading models so u can avoid those fakeout entries that just exist purely to build liquidity
@realitycheck_ I agree with you it does happen and that's why I don't trade just off reactions because the market has false reactions
What took you so long to post this VIDEO??
Bro, I'm loving the videos and your footprint indicator.
It's great some profitable traders share their knowledge for free.
How do you get access to your indicator?
Not understanding why giving away his strategy to the retail traders he takes advantage from.
Same thought...but majority of retail won't see this video
Wraping up my 1st year trading -$7,000.00 over all. I've blown every single account I've started. $200-$600 accounts trading S & P 500. Made it to $3,400.00 on one of them just to lose it all in 1 news event.
you epesode are getting worse ... im unsub .... now
Bro this was probably the best episode so far
@@nataliegura2053it def is the best episode but even in his course he doesn't have it worded in the way. He's away said "the market moves up until the last buyer buys" but he's never said resistance is where "passive sellers outweigh aggressive buyers" and that is blowing my mind right now. That makes a lot of sense and is very helpful
These concepts take a long time to learn. I had to make flashcards and study them to understand what Carmine teaches about the market auction. If you put in the effort to learn, you can be successful. You'll need more than just this order flow series
@@ceptember.bro want the easy way out 😂
Are you dumb? this is how the top 5% of traders make millions every year.
Carmine, This is excellent and I really appreciate you are teaching this, but you realize that you are changing "Non. Obvious" to "Obvious", right? In other words, you are potentially seriously hurting yourself. There are only a finite number of participants who are willing to take the opposite side. You potentially are reducing these people and adding more people to your side, which could hurt your trading greatly depending on how well you teach us. This series of vides could be the small butterfly in Chaos Theory that could significantly change your life later on. I'd like to know why you want to take this risk.
hi carmine everything good? u looking little old
This put me to sleep 😴 there's way too much talking. The editors need to add more sound effects with transitions and cuts, and make your voice louder as well.
😂
You’re probably not really interested to become a trader then! Sometimes when traders find their strategy they spend hours in front of the computer learning and getting bored and so on!
@massihtaufiq3269 Dude, I was just giving a suggestion the the creator about his presentation to make it better. It was constructive criticism
I literally fell asleep at my desk while watching this, and it's okay. I was eager to learn. It has nothing to do with my thirst for learning. I did click on the video
Well he is not here for entertainment purposes. He literally trying to teach you something. Giving away his experience and hard learned lessons for free. If you have an attention span of a 2 year old i have a news for you. Trading is probably not for you
@@realitycheck_ ur a bot