The one thing I know is that an Orderflow trader can look at ICT and understand it at a deeper level based on how the market really works as regards to volume, buyer and sellers. On the other hand ICT traders have learnt how to trade ICT but they won’t really know what made the market behave in a particular way but trade it anyway.
And remember you don't need to know WHY the market is moving up or down for you make money , neither do you need to know what will happen for you to make mone..pretending that you know what the market will do next is fooling yourself, all you need is Edge-Risk-Execute and live with the result.
@inthezone when you understand the cause of something the greater the confidence. I started out with ICT and SMC but orderflow is the mother of them all
To add, a FVG is created when a small group of traders take out the offer or bid so aggressively that it lets absolutely no one else have any opportunity to counter trade, in MP or VP terms these are single prints, which means only one side mostly transacted. The sole reason that price might trade back into these FVG(s) is that the Market Makers are testing whether those aggressive traders are still valid AND to allow other participants the opportunity to engage in the price, that is the #1 job of the market maker to make sure that markets are fair and balanced, despite the theories available everywhere.
FVG doesn't necessarily mean imbalance. It's just the gap between the closure of the surrounding candles. There doesn't have to have an imbalance there though many times there will be.
Personally as an ICT trader. Less is more. I don’t need order flow data or 8 screens or level 2 data or book map to pull money out of the market. ICT concepts have deffintely helped me snipe entries with minimal drawdown. Doesn’t mean I don’t take L’s, but it’s all about perspective and any strategy will make you money IF your psychology is right
True, some traders don't need to know why something happens as long as it happens. However if you know why something happens, you can spot other opportunities.
Carmine, EXCELLENT video! Regarding FVG, you have an excellent diagram at 2:04. In the diagram, there are gaps between areas of "Fair Value". They are Fair Value Gaps. In the diagram, these Fair Value Gaps are market as "Buy Imbalance" and "Sell Imbalance." Also, I think that these areas marked as "Buy Imbalance" and "Sell Imbalance" are also called Displacements, but if a Displacement is bounded by areas of "Fair Value", then it is called FVG. On the other hand, if the displacement occurs without being bounded by areas of "Fair Value", (For example, a displacement immediately followed by another displacement in the opposite direction without a notable consolidation), then it is simply called "Displacement". Regarding "Little disagreement between buyers and sellers", I understand this is confusing, but this statement assumes by definition that buyers and sellers are always in disagreement, in terms of if they think the stock is worth owning or better to get rid of at a given price. So, when there is a disagreement to own or to get rid of at a given price, there will be an agreed transaction. So, in this context, "Little disagreement" results in low volume transactions. Hope this makes sense. But in essence, your explanation also means the same thing.
Really appreciate your emphasis on illiquidity leading to reversals! Is there a way to confirm this illiquidity? I feel like sometimes the market visits an area and isn't interested in it AT FIRST, but revisits and breaks that level of illiquidity.
You definitely have not done nearly enough studying to compare yours with his, you’re talking about his strategies on such a surface level. I get it tho you sell a course, i was trying your supply and demand strategies for over 2 years and never was profitable compared to studying ICTs free mentorship vids for 8 months i have a good grasp on how the market works and have been the most profitable I’ve been in my entire life. I don’t need dom or bookmap or any of that lol
@@martijnvantongeren4643 it 100% is a personal thing and we are just talking from our experience and how we found profitability and confidence in ICTs concepts whereas supply and demand i just pissed money out my bank account
Comparing your system to ict when you dont undersatand how it works is comparing apples to oranges…a 5 min review of what a fair value gap is is not enough…is like asking a dentist to do a kidney transplant…
“There’s no strategy that’s better than the other” Yet 90% of retail can’t make a living trading? Coincidence? Not really. The function of the markets is for majority to lose and miss the significant moves. If you have not spent 1-3 years everyday minimum studying time and price (x and y axis) do not mention ICT again.
So you think only ICT concepts make money lol. How did Linda Rascke make multiple millions using the MACD? How did Lance Breitstein make 8 figures a year using bollinger bands. Brian Shannon has made millions using VWAP and moving averages. Carmine is right you can make money using any trading system as long as you know how to find edge in it and most importantly find edge in yourself.
Ooh, boy, Carmine, you now gonna have a horde of ICT followers on your behind... LOL. I agree with you 100% though. I made similar comments on an ICT thread once and got a s-storm. 🤣
as good traders we must review all relevant theories on PA, to better refine our own system. ICT wouldn’t be a thing if people weren’t profitable using its systematic approach. really it all comes down to RM. the sooner haters come to realize all this information available to us, is our edge. the human part that algos will never fully get. it’s a great time to be a trader
Another great video !!! I've learned a lot from you and also from ICT concepts but the most important thing ive learned from my time on the charts is to trust myself and what I have found to be my edge. I am currently up 6.4 % on my 300k challenge and I hope to pass it in the next few weeks 🤞
For 1, didnt the ict dude get busted as a fraud when he tried to trade live and kept losing? 2... this is carmine mf rosato. Dude is mafia style protected. He dont gaf who he pisses off. Half the people in here butt hurt instead of just soaking up some free game and listening to another perspective
Regarding ICT. The creator of it, i can not stand him. He is the type of person that thinks he is always right. He never admits he was wrong. He has some type of compulsive lying type of personality. I feel bad for new traders getting into the market, and learning ict concepts. Watch some of those videos from imantrading, he has good evidence of this.
ICT himself is a horrible trader. Idk where he gets his concepts from - potentially rebranded like most people say but those original concepts actually work and can be seen every single day
this is ironic as Iman made a whole video shitting all over carmine. Don't take any advice about trading from a guy who can't trade. Iman's whole schtick is that everyone sucks but him
It's sad the amount of misinformation someone who learns ict has to unlearn to figure out what actually works. Market structure,price and volume. I guarantee you if someone applied for a trading job at Goldman Sachs and mentioned they use ICT, Goldman would roll it up and smoke it. Then they would send the creator of ICT a check and thank him for keeping the masses dumb.
You contradicted yourself carmine. In one example you showed a rally that created a fair value gap on low to little volume. In another example you showed a sell-off with high volume and stated that it only happened because of the volume creating a fair value gap. In reality I've seen the market make huge moves before on very little volume. Your trading strategy seems to work for you and that's great but your rudimentary understanding of ICT Concepts shows. It can be very complicated and convoluted at times. But just using a couple of the tools he has provided, this has been my first year as a profitable Trader after failing for three
The strong selling was done on very little volume, creating a low volume node which then resulted in a FVG to be formed off a candle chart. There can be aggressive volume but still little volume transacting causing the market to move violently up or down. Thank you
- this video has really helped me gain a better understanding of using order flow. Because I was thinking the opposite that if there’s heavy buying or selling at a level then it would most likely reverse cause it would basically act as a wall but I understand now why that wouldn’t necessarily always be the case! Thanks for this one.
Its both. Heavy volume means high interest on BOTH sides. LVN means one side won and depending on direction of the move. Whether subsequent buyers or sellers exist in LVN area is random. May or may not happen. But that's trading.
Correct me if I’m wrong but I think Time and Sales is useless because all it shows is selling and buying but you don’t know if someone is selling to close a long position or actually shorting the market also you don’t know if someone is buying to close there short position or buying to go long so with all that missing information the only way times and sales is useful is to see it as volume coming in which in that sense you might as well just look a volume bars sense that is cumulative which would be more helpful then seeing individual orders coming into the market but I could be wrong
you would have to read more in-depth data such as bid vs ask volume and better using volume by price. Also, context is very crucial in reading transactions
I think ICT is predictive and orderflow is just the mechanics of how it all unfolds. Think both can and should be used for max profiting. Also, it seems like orderflow more lends itself to scalping, which is excellent, but not sure how it affectively helps with longer term or swing trading. ICT, for me at least, makes sense on a whole and into the future and analyzing the past. 🤷♂️🤔
Amazing insightful video... If I wasn't a member of bear bull traders I'd buy your course.. A guy called Thor Young swears by volume like yourself but his where is based of the camerilla pivots... Deadly accurate when you look back at them
Great video. But I will still go for ICT because you can apply the concepts to any timeframe or any market. I have never heard of orderflow software or tools in Forex. Moreover this orderflow thing is efficient for day traders or scalpers. ICT is the better strategy because you don't any fancy tool for that.
I dont think any tool is better in general. There are tools which are better for each individual trader. Also, there are orderflow tools for forex. Just do all analysis on forex futures
All retail work when they are in line with value and orderflow simple. Or ict or s and r and any strategy work or play out when they are in line in value and orderflow. Simple.
Reversal just dont occur at a random price or illiquidity..reversals most of the time happens at key levels where the liquidity is taken out meaning smart money dumping buy orders to sell stops or sell orders to buy stops,talking about real reversals,not stopping people out at a short term high or low,im talking about real key levels,previous day high or low,previous section high or low etc…
Before anyone makes a video comparing ICT they always do 5 minutes of research and run with it 🤦♂️ ICT is not a strategy think of it more as a collection of information that can reinforce one’s understanding of why and WHEN the market will reach for old highs and old lows, and imbalances. You can literally trade any old pattern or moving average with some of ICTs teachings. I see people do it all the time. Most ICT traders suck because they still want to get rich quick and aren’t mature enough to stick to one model with months of backtesting. The problem was never the strategy, new traders are just lazy and greedy. They won’t watch the free content but they’ll pay 300$ for a mock course on turtle soup and post photos of their demo trades on twitter and tag the scammer that sold them the course.
A transaction is sort of an agreement to disagree. At a given price, a buyer and a seller have 180 degrees disagreeing opinions to buy the security vs. to sell the security, and therefore, they agree to make a transaction. Therefore, you can say if there is little disagreement between buyers and sellers on whether the security is buy or sell, then there will be few transactions. Or, you can also say if there is little agreement between buyers and sellers to make transactions, then there will be few transactions. Both mean the same thing. But, the confusion comes from not specifying what they are disagreeing on or agreeing on.
yes true. Think of this through a producer and consumer example. If you are a producer, you want to sell at the highest price because you want to make most money If you are a consumer buying good from this same producer, you will be paying a price which you think is cheap.
I like ur stop pick off of the high. You'll notice most of them ends up 2 to 3 points. Why? Most retail one lot traders will use 100 bucks as stop loss. 2 points.
TBH most of ICT concepts are the same as all other strategies, It's just what makes sense to you. Volume nodes make up fvg. Some people want to know why certain strategies works, some people don't care and want to keep it simple. Trading off the chart formations is no different then trading from order flow as long as you can spot what you need to spot to be profitable. Liquidity an stop orders above pivots are the same thing, supply and demand an order blocks are the same thing, fvg and low volume nodes are the same thing. Who cares, make money.
When viewing volume profile why don’t you use the overlay on your chart? Also, if you had to chose between book map and think or swim for lvl 2 data which would you chose?
That's a lot of information. Thank you. Do you use Depth of Market on TOS? Is there a way to see more than just one level of price and vilume on the active trader? Thank you, Carmine.
I always thought LVN’s were typically areas where price passed through with ease and HVN’s acted as a balanced area where traders may look to trade from. Are you implying that when price previously passed through these LVN’s orders were left behind because of the strong move and when price retraced to the LVN it bounced for that reason? Thanks again.
I personally view LVN as areas of large buying or selling due to have fast price moved away from the area with ease. So i like viewing them as areas buyers or sellers defend price if retested
@@carmine_rosato Thanks to give advice. If we use footprint chat, when the finish auction appeares as there are no bid trades at the candle’s high and no ask trades at the candle’s low. Is it indicated that the last buyer buys and last seller sells in the market ?
I've been both a student of Carmine's teachings and ICT's teachings. I have had the most success using ICT. But i cannot disregard Carmine because he is insanely consistent. One major difference I noticed though is under Carmine's school of thought, we "react" to how price behaves at a point of interest. Where as under ICT, believe it or not, we "predict" the move with accuracy before the move even happens (time it will happen, volatility of the move, and the range of the move). Being a student of both, there is much love as i have learned valuable things from both.
ICT assumes a level of potential buy or sell. It works, and sometimes it doesn't. Key levels work more often than not. Stil this is an assumption, and since humans tend to repeat behaviors, it's human to believe it will happen again. Heat Map software is king, as it confirms most recent transactions by participants, thus allowing me to make better decisions based on true data. Thanks for your content. it's very informative.
No lie it kind of just needed a video so you looked at some bullet points and try to talk about it. I’m not really part of the cult, but from what I learned in the past, you barely skimmed the surface and skewed concepts.
All this sideways talk towards Carmine is crazy. He clearly said he doesnt really know or trade ict....and one strategy isnt better than the other. Its about what resonates with YOU!!! Trading is like a tailor made suit. Some use indicators, some dont, some are supply and demand, some are ict, some strictly trade reversals, some just breakouts. Find what works for you and keep shit moving. And im not even a member of his community, but have certainly learned from it
FVGs, especially identified on the the HTF-down to the lower TFs, are the strongest concepts ever, I would drop everything else and work with them only if i had to... the big difference btw ICT and other ideas is appraoch, there's a way that you approach the market and it inspires confidence, and there is a way that traders use to approach the market and all they do is panic trading, all in all it boils down to one thing and ICT as well put's it that way; KNOWING WHAT YOU ARE DOING...coz if you don't then it does not matter whther you are using ICT concepts execlusively or other concepts, the makrt will frustrate you,
@@chriscc14 Time and price is not a strategy, it’s the markets as you can see aswell on your charts (x and y axis). Things outside of this such as his “block patterns” are absolutely renamed support/resistance or supply/demand.
Hey Carmine, I think you have the concept 90% of the way in your understanding when talking about ICT. The SLIGHT difference is what THEY mean by "disagreement". Your understanding is correct, just the semantics of it is different. I think when YOU think disagreement you are thinking "imbalance". ICT uses the word DISAGREEMENT/AGREEMENT to mean something else SLIGHTLY. Rather than thinking of it as "BUYERS AN SELLERS" Think of it as "LONG/SHORT". The market is moving up/or down at a moment because the MAJORITY of the people AGREE that it should be moving up, so people are on ONE SIDE of the trade (either buying or selling). Since everybody agrees and is on one side of the trade, this causes the movement (an imbalance) to the next area where the price is stable. Price is STABLE because people are on either side of the BUY/SELL side. Which CAUSES balance. When you have an equal amount of people disagreeing with one another, that causes a BALANCED market. Like I said, your understanding is correct, just I think the semantics of how that use Agree and disagree can be confusing.
Regarding "Little disagreement between buyers and sellers", this statement assumes by definition that buyers and sellers are always in disagreement, in terms of if they think the stock is worth owning or better to get rid of at a given price. So, when there is a disagreement to own or to get rid of at a given price, there will be an agreed transaction. So, in this context, "Little disagreement" results in a small number of agreed transactions or a low volume transactions. But in essence, Carmine's explanation also means the same thing.
@@JustStartingOut-nt8ve I am just referring as to WHAT ICT means when they say disagreement/agreement. I understand the concept of "if sellers are willing to sell and buyers are willing to buy, then we are in agreement on the price and therefore price is balanced" But what ICT means when they say agreement, they dont mean agreement on price, they mean agreement on whether to be buyers or sellers.
The one thing I know is that an Orderflow trader can look at ICT and understand it at a deeper level based on how the market really works as regards to volume, buyer and sellers. On the other hand ICT traders have learnt how to trade ICT but they won’t really know what made the market behave in a particular way but trade it anyway.
exactly so many ict wizards dont know jack about the orderbook and many dont believe volume is useful
100% ❗️
And remember you don't need to know WHY the market is moving up or down for you make money , neither do you need to know what will happen for you to make mone..pretending that you know what the market will do next is fooling yourself, all you need is Edge-Risk-Execute and live with the result.
@inthezone when you understand the cause of something the greater the confidence. I started out with ICT and SMC but orderflow is the mother of them all
Accumulation, manipulation, distribution. That’s how I understand the market. Imo.
Orderflow is the mother of ICT and SMC. Without orderflow there is no ICT. ICT exists because orderflow existed
lol completely false
To add, a FVG is created when a small group of traders take out the offer or bid so aggressively that it lets absolutely no one else have any opportunity to counter trade, in MP or VP terms these are single prints, which means only one side mostly transacted. The sole reason that price might trade back into these FVG(s) is that the Market Makers are testing whether those aggressive traders are still valid AND to allow other participants the opportunity to engage in the price, that is the #1 job of the market maker to make sure that markets are fair and balanced, despite the theories available everywhere.
An imbalance can be created without aggressive buyers spamming the bid and even markets without major market makers behave the same
Yep absolutely
FVG doesn't necessarily mean imbalance. It's just the gap between the closure of the surrounding candles. There doesn't have to have an imbalance there though many times there will be.
@@TheNelster72 FVG means imbalance according to ict
@@Kloutkultureyea its one type of imbalance according to him
Personally as an ICT trader. Less is more. I don’t need order flow data or 8 screens or level 2 data or book map to pull money out of the market. ICT concepts have deffintely helped me snipe entries with minimal drawdown. Doesn’t mean I don’t take L’s, but it’s all about perspective and any strategy will make you money IF your psychology is right
Spot on
True, some traders don't need to know why something happens as long as it happens. However if you know why something happens, you can spot other opportunities.
Facts all I wanna look at is my chart using all those other tools is to kuvh
For sure. No strategy is better than the other. The point of this video is comparing the two...
@@carmine_rosato Okay but then the name of your video and the thumbnail are completely not in place.
i got better understanding and obvious clues with volume on any patterns or actions than finding gaps and hope it will hit or miss without any clues
One of your most important videos. Love it!
thank you !
Well said! Thank you for breaking that down! I’ve used both but order flow makes more sense. It takes the emotions out of trading IMO.
Any system , ict orderflow fibs etc will take out emotions
Carmine, EXCELLENT video!
Regarding FVG, you have an excellent diagram at 2:04.
In the diagram, there are gaps between areas of "Fair Value". They are Fair Value Gaps. In the diagram, these Fair Value Gaps are market as "Buy Imbalance" and "Sell Imbalance."
Also, I think that these areas marked as "Buy Imbalance" and "Sell Imbalance" are also called Displacements, but if a Displacement is bounded by areas of "Fair Value", then it is called FVG.
On the other hand, if the displacement occurs without being bounded by areas of "Fair Value", (For example, a displacement immediately followed by another displacement in the opposite direction without a notable consolidation), then it is simply called "Displacement".
Regarding "Little disagreement between buyers and sellers", I understand this is confusing, but this statement assumes by definition that buyers and sellers are always in disagreement, in terms of if they think the stock is worth owning or better to get rid of at a given price. So, when there is a disagreement to own or to get rid of at a given price, there will be an agreed transaction. So, in this context, "Little disagreement" results in low volume transactions. Hope this makes sense. But in essence, your explanation also means the same thing.
excellent
Really appreciate your emphasis on illiquidity leading to reversals! Is there a way to confirm this illiquidity? I feel like sometimes the market visits an area and isn't interested in it AT FIRST, but revisits and breaks that level of illiquidity.
the tape (volume)
do you use VWAP to determine “fair value” ?
i will say i learned to trade through ICT concepts and didn’t become profitable till i applied carmines psychology and outlook towards the market
You definitely have not done nearly enough studying to compare yours with his, you’re talking about his strategies on such a surface level. I get it tho you sell a course, i was trying your supply and demand strategies for over 2 years and never was profitable compared to studying ICTs free mentorship vids for 8 months i have a good grasp on how the market works and have been the most profitable I’ve been in my entire life. I don’t need dom or bookmap or any of that lol
true .. I did not learn ICT in depth but the concepts actually helped me to trade better. Than with a DOM or bookmap. more profitable now lol.
well said and honestly same
Isn’t it a personal thing? One guy resonates better with ICT and the other better with orderflow/volume?
@@martijnvantongeren4643 it 100% is a personal thing and we are just talking from our experience and how we found profitability and confidence in ICTs concepts whereas supply and demand i just pissed money out my bank account
@swavor you were not profitable because you lacked understanding or perhaps you thought you grasped it but no didn't.
Comparing your system to ict when you dont undersatand how it works is comparing apples to oranges…a 5 min review of what a fair value gap is is not enough…is like asking a dentist to do a kidney transplant…
Great vid
“There’s no strategy that’s better than the other”
Yet 90% of retail can’t make a living trading? Coincidence? Not really.
The function of the markets is for majority to lose and miss the significant moves.
If you have not spent 1-3 years everyday minimum studying time and price (x and y axis) do not mention ICT again.
ict doesn't exist
Okay forex king 👑
I agree with u
@@chriscc14 start chasing 1 min duration trades using “oRrderfloww” then.
This is not about ICT though.
I’m talking about the markets.
So you think only ICT concepts make money lol.
How did Linda Rascke make multiple millions using the MACD?
How did Lance Breitstein make 8 figures a year using bollinger bands.
Brian Shannon has made millions using VWAP and moving averages.
Carmine is right you can make money using any trading system as long as you know how to find edge in it and most importantly find edge in yourself.
It’s ICT for sure
Ooh, boy, Carmine, you now gonna have a horde of ICT followers on your behind... LOL. I agree with you 100% though. I made similar comments on an ICT thread once and got a s-storm. 🤣
They have no idea what they are talking about 😂
as good traders we must review all relevant theories on PA, to better refine our own system. ICT wouldn’t be a thing if people weren’t profitable using its systematic approach. really it all comes down to RM. the sooner haters come to realize all this information available to us, is our edge. the human part that algos will never fully get. it’s a great time to be a trader
@@KloutkultureI bet you do
ICT repackages market auction theory under a different name.
It works though
Not really auction theory at all. He did take alot from wyckoff, larry Williams, and dow
@@Nico-ys6octhat would be more SMT
yes copying some methods from classic ORB methods too, and dont forget FVG its no better than famous candlestick patterns book from Steve Nison
Yup
Another great video !!! I've learned a lot from you and also from ICT concepts but the most important thing ive learned from my time on the charts is to trust myself and what I have found to be my edge. I am currently up 6.4 % on my 300k challenge and I hope to pass it in the next few weeks 🤞
did you end up passing?
For 1, didnt the ict dude get busted as a fraud when he tried to trade live and kept losing?
2... this is carmine mf rosato. Dude is mafia style protected. He dont gaf who he pisses off. Half the people in here butt hurt instead of just soaking up some free game and listening to another perspective
hahaha
Regarding ICT.
The creator of it, i can not stand him. He is the type of person that thinks he is always right. He never admits he was wrong. He has some type of compulsive lying type of personality.
I feel bad for new traders getting into the market, and learning ict concepts.
Watch some of those videos from imantrading, he has good evidence of this.
ICT himself is a horrible trader. Idk where he gets his concepts from - potentially rebranded like most people say but those original concepts actually work and can be seen every single day
imantrading also has video about carmine
@@princepaulose6614 yes I have seen them, but I don’t 100% agree with most of the stuff in that video lol
this is ironic as Iman made a whole video shitting all over carmine. Don't take any advice about trading from a guy who can't trade. Iman's whole schtick is that everyone sucks but him
It's sad the amount of misinformation someone who learns ict has to unlearn to figure out what actually works. Market structure,price and volume. I guarantee you if someone applied for a trading job at Goldman Sachs and mentioned they use ICT, Goldman would roll it up and smoke it. Then they would send the creator of ICT a check and thank him for keeping the masses dumb.
You contradicted yourself carmine. In one example you showed a rally that created a fair value gap on low to little volume. In another example you showed a sell-off with high volume and stated that it only happened because of the volume creating a fair value gap. In reality I've seen the market make huge moves before on very little volume. Your trading strategy seems to work for you and that's great but your rudimentary understanding of ICT Concepts shows. It can be very complicated and convoluted at times. But just using a couple of the tools he has provided, this has been my first year as a profitable Trader after failing for three
The strong selling was done on very little volume, creating a low volume node which then resulted in a FVG to be formed off a candle chart.
There can be aggressive volume but still little volume transacting causing the market to move violently up or down.
Thank you
I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?
I suggest Miss Hattie Glover is extremely good on that. She is really good at what she does, Now I can pay so many bills because of her help.
I'm new at this , please how can I reach her?
She's on face book, look up her name
Hattie Glover
Definitely grabbing this opportunity.
Thank you.
- this video has really helped me gain a better understanding of using order flow. Because I was thinking the opposite that if there’s heavy buying or selling at a level then it would most likely reverse cause it would basically act as a wall but I understand now why that wouldn’t necessarily always be the case! Thanks for this one.
Its both. Heavy volume means high interest on BOTH sides. LVN means one side won and depending on direction of the move. Whether subsequent buyers or sellers exist in LVN area is random. May or may not happen. But that's trading.
Exactly. That's why trading is nothing more than glorified gambling.
Thank you for these videos, learning a lot Carmine! ♥
Correct me if I’m wrong but I think Time and Sales is useless because all it shows is selling and buying but you don’t know if someone is selling to close a long position or actually shorting the market also you don’t know if someone is buying to close there short position or buying to go long so with all that missing information the only way times and sales is useful is to see it as volume coming in which in that sense you might as well just look a volume bars sense that is cumulative which would be more helpful then seeing individual orders coming into the market but I could be wrong
you would have to read more in-depth data such as bid vs ask volume and better using volume by price. Also, context is very crucial in reading transactions
you should look into the “AMD” concept that ict goes over. very powerful and curious to see your take on it
I think ICT is predictive and orderflow is just the mechanics of how it all unfolds. Think both can and should be used for max profiting. Also, it seems like orderflow more lends itself to scalping, which is excellent, but not sure how it affectively helps with longer term or swing trading. ICT, for me at least, makes sense on a whole and into the future and analyzing the past. 🤷♂️🤔
People use ICT to get a name for themselves and this video is proof. ICT concepts work but people clickbait unfortunately
Amazing insightful video... If I wasn't a member of bear bull traders I'd buy your course.. A guy called Thor Young swears by volume like yourself but his where is based of the camerilla pivots... Deadly accurate when you look back at them
Stick with order flow. Why complicate things?
this is what I am trying to get at...
What's your reference for many/few transactios for the ES?
Looking at a volume profile will help be able to decide many vs few. Few can be seen in the form of a volume tail
Great video. But I will still go for ICT because you can apply the concepts to any timeframe or any market. I have never heard of orderflow software or tools in Forex. Moreover this orderflow thing is efficient for day traders or scalpers. ICT is the better strategy because you don't any fancy tool for that.
I dont think any tool is better in general. There are tools which are better for each individual trader.
Also, there are orderflow tools for forex. Just do all analysis on forex futures
All retail work when they are in line with value and orderflow simple. Or ict or s and r and any strategy work or play out when they are in line in value and orderflow. Simple.
Reversal just dont occur at a random price or illiquidity..reversals most of the time happens at key levels where the liquidity is taken out meaning smart money dumping buy orders to sell stops or sell orders to buy stops,talking about real reversals,not stopping people out at a short term high or low,im talking about real key levels,previous day high or low,previous section high or low etc…
yes but you can see and feel this action through the tape. It can serve as additional confirmation
Hey @ Carmine great video, still on the waitlist for the course. When are you doing intakes?
Beginning of June!
@@carmine_rosato Thank you so much, hope to get in and looking forward to it.
“Above sell side” This proves how deep your research has been
Before anyone makes a video comparing ICT they always do 5 minutes of research and run with it 🤦♂️
ICT is not a strategy think of it more as a collection of information that can reinforce one’s understanding of why and WHEN the market will reach for old highs and old lows, and imbalances. You can literally trade any old pattern or moving average with some of ICTs teachings. I see people do it all the time. Most ICT traders suck because they still want to get rich quick and aren’t mature enough to stick to one model with months of backtesting. The problem was never the strategy, new traders are just lazy and greedy. They won’t watch the free content but they’ll pay 300$ for a mock course on turtle soup and post photos of their demo trades on twitter and tag the scammer that sold them the course.
I think this is with any trading strategy and majority of traders
A transaction is sort of an agreement to disagree. At a given price, a buyer and a seller have 180 degrees disagreeing opinions to buy the security vs. to sell the security, and therefore, they agree to make a transaction. Therefore, you can say if there is little disagreement between buyers and sellers on whether the security is buy or sell, then there will be few transactions. Or, you can also say if there is little agreement between buyers and sellers to make transactions, then there will be few transactions. Both mean the same thing. But, the confusion comes from not specifying what they are disagreeing on or agreeing on.
yes true. Think of this through a producer and consumer example.
If you are a producer, you want to sell at the highest price because you want to make most money
If you are a consumer buying good from this same producer, you will be paying a price which you think is cheap.
I like ur stop pick off of the high. You'll notice most of them ends up 2 to 3 points. Why? Most retail one lot traders will use 100 bucks as stop loss. 2 points.
where there is pain, there is gain
I C T does not teach that auction theory he said it is the algo .
TBH most of ICT concepts are the same as all other strategies, It's just what makes sense to you. Volume nodes make up fvg. Some people want to know why certain strategies works, some people don't care and want to keep it simple. Trading off the chart formations is no different then trading from order flow as long as you can spot what you need to spot to be profitable. Liquidity an stop orders above pivots are the same thing, supply and demand an order blocks are the same thing, fvg and low volume nodes are the same thing. Who cares, make money.
I agree 100% !
I like your videos, but i think you need to show some live streams consistently. If you want to market your course you need to show you really trade.
All my trades are provided in real time for everyone in the community to see*
As always - another informative video. Thank you 🙏
Glad you enjoyed it!
When viewing volume profile why don’t you use the overlay on your chart? Also, if you had to chose between book map and think or swim for lvl 2 data which would you chose?
A heatmap for sure.
Orderflow still couldnt stop you from taking a 10k loss last Tuesday so does it really matter?
Which he immediately made back. How much have you made this year?
Really? Like any strategy will make you win every time?
Apparently did to you
@@carmine_rosato So many ict traders think if they get good enough at ict concepts it's possible eliminate all risk XD
That's a lot of information. Thank you.
Do you use Depth of Market on TOS? Is there a way to see more than just one level of price and vilume on the active trader?
Thank you, Carmine.
I believe you need to update your market subscription. its free
Great video Carmine thank you!
Glad you liked it!
Awesome video, and as always...no bullshit.
thank you !
I always thought LVN’s were typically areas where price passed through with ease and HVN’s acted as a balanced area where traders may look to trade from. Are you implying that when price previously passed through these LVN’s orders were left behind because of the strong move and when price retraced to the LVN it bounced for that reason?
Thanks again.
I personally view LVN as areas of large buying or selling due to have fast price moved away from the area with ease. So i like viewing them as areas buyers or sellers defend price if retested
@@carmine_rosato and then HVN’s as balanced areas where price chops? Couldn’t that also act as support and resistance?
S&D haaaaahahahhaahahhahahaha!
Low volume on fvg mean nothing !! Bubble will not tell u when to entry
always
Hi @Carmine,
Can you explan more how can we identify the last buyer buys and last seller sells in the market (Order flow)?
best can be seen using a volume profile or any tool which separates bid vs ask data
@@carmine_rosato Thanks to give advice. If we use footprint chat, when the finish auction appeares as there are no bid trades at the candle’s high and no ask trades at the candle’s low. Is it indicated that the last buyer buys and last seller sells in the market ?
Gem
What software is this
I've been both a student of Carmine's teachings and ICT's teachings. I have had the most success using ICT. But i cannot disregard Carmine because he is insanely consistent. One major difference I noticed though is under Carmine's school of thought, we "react" to how price behaves at a point of interest. Where as under ICT, believe it or not, we "predict" the move with accuracy before the move even happens (time it will happen, volatility of the move, and the range of the move).
Being a student of both, there is much love as i have learned valuable things from both.
true
um ict just just blindly enter trades at POI. you wait for a reaction in the direction you want eg mss, ifvg, displacement, etc.
@@leeashernolan lol sure kid
oo spicy topic. love it haha
They actually are very similar in their ways
ICT assumes a level of potential buy or sell. It works, and sometimes it doesn't. Key levels work more often than not. Stil this is an assumption, and since humans tend to repeat behaviors, it's human to believe it will happen again. Heat Map software is king, as it confirms most recent transactions by participants, thus allowing me to make better decisions based on true data.
Thanks for your content. it's very informative.
What I learned. Many orders above the current price and many orders bellow the price too. Price falls. Sellers pushed the button more aggressive.😅
No lie it kind of just needed a video so you looked at some bullet points and try to talk about it. I’m not really part of the cult, but from what I learned in the past, you barely skimmed the surface and skewed concepts.
All this sideways talk towards Carmine is crazy. He clearly said he doesnt really know or trade ict....and one strategy isnt better than the other. Its about what resonates with YOU!!! Trading is like a tailor made suit. Some use indicators, some dont, some are supply and demand, some are ict, some strictly trade reversals, some just breakouts. Find what works for you and keep shit moving. And im not even a member of his community, but have certainly learned from it
Truth
!!!!!!!!!!!!!!!
The FVG example given is not a true Fair Value Gap.
Great video
Thanks!
Which website did you use to access the orderflow?
be respectful to the greatest trader ever, the ICT
I think you nailed it brother. 🙏🏼
Thank you for this video🙏🏻
Thanks so much!
FVGs, especially identified on the the HTF-down to the lower TFs, are the strongest concepts ever, I would drop everything else and work with them only if i had to... the big difference btw ICT and other ideas is appraoch, there's a way that you approach the market and it inspires confidence, and there is a way that traders use to approach the market and all they do is panic trading, all in all it boils down to one thing and ICT as well put's it that way; KNOWING WHAT YOU ARE DOING...coz if you don't then it does not matter whther you are using ICT concepts execlusively or other concepts, the makrt will frustrate you,
Absolutely
Couldn’t agree more! Orderflow is basically SMC on steroids
SMC is not what ICT preaches if that’s what you are referring too.
ICT = Time and price (x and y axis)
SMC = supply/demand and all those fallacies
@@fabhergusict does not exist it is not a real strategy just taking other strategies and renames them
@@chriscc14 Time and price is not a strategy, it’s the markets as you can see aswell on your charts (x and y axis).
Things outside of this such as his “block patterns” are absolutely renamed support/resistance or supply/demand.
@@fabhergus ict is a less efficient snd
@@Kloutkulture snd = ? supply and demand? how is ict less efficient? I'm honestly curious
Your ease of explanation here is excellent. Indicator of understanding. Bravo!
Glad it was helpful!
This is why we have a market... Difference in perspectives!
yes! could not agree more
Hey Carmine, I think you have the concept 90% of the way in your understanding when talking about ICT. The SLIGHT difference is what THEY mean by "disagreement". Your understanding is correct, just the semantics of it is different. I think when YOU think disagreement you are thinking "imbalance". ICT uses the word DISAGREEMENT/AGREEMENT to mean something else SLIGHTLY. Rather than thinking of it as "BUYERS AN SELLERS" Think of it as "LONG/SHORT". The market is moving up/or down at a moment because the MAJORITY of the people AGREE that it should be moving up, so people are on ONE SIDE of the trade (either buying or selling). Since everybody agrees and is on one side of the trade, this causes the movement (an imbalance) to the next area where the price is stable.
Price is STABLE because people are on either side of the BUY/SELL side. Which CAUSES balance. When you have an equal amount of people disagreeing with one another, that causes a BALANCED market.
Like I said, your understanding is correct, just I think the semantics of how that use Agree and disagree can be confusing.
Regarding "Little disagreement between buyers and sellers", this statement assumes by definition that buyers and sellers are always in disagreement, in terms of if they think the stock is worth owning or better to get rid of at a given price. So, when there is a disagreement to own or to get rid of at a given price, there will be an agreed transaction. So, in this context, "Little disagreement" results in a small number of agreed transactions or a low volume transactions. But in essence, Carmine's explanation also means the same thing.
@@JustStartingOut-nt8ve I am just referring as to WHAT ICT means when they say disagreement/agreement. I understand the concept of "if sellers are willing to sell and buyers are willing to buy, then we are in agreement on the price and therefore price is balanced"
But what ICT means when they say agreement, they dont mean agreement on price, they mean agreement on whether to be buyers or sellers.
@@hazeion You and I are saying the same thing. We are in agreement.