@@carmine_rosatonothing is hundred percent in trading. One confirmation don't happen, others will materialize and those will be juicy as you can stack up the number of contracts.
Those false breakouts!!!!! What could have been if I had only consider that prior to entry? @Carmine, you are spot on! I appreciate the time you take to share/teach. Another gem that sends me back to the lab.
love this! I've been seeing your bookmap on videos all over but it's great to see a proper breakdown of exactly how to add it into a strategy as a major confluence to follow through on a trade
As always, great content .Thanks Carmine, I had learned so much since I found you . I had learn tons , really I waste me time trying to learn from others guys before , but never is late to overcome obstacles
For those of us who don’t have access to order flow would you recommend using a volume bar chart with a moving average attached to confirm any abnormally large moves?
Freakin Champion right here! Didn’t make to his program, but he’s one of the ones that actually makes sense and doesn’t seem to be gambling. I’ll continue until i’m consistently green!
I don't understand how to identify a trend turn.... avoiding the crowd/the obvious, but technically how do you identify that,...with high volume where the buy/sell ratio indicates where the price is most likely to go or what ratio to look for/identify?
Well looking at a chart for trends is valid. See when the trend (HH/LL or LH/HL) breaks and see if that trend continues to hold after. Or intraday can look for heavy volume with no follow through in that direction usually indicates prices are "unfair" and a reversal is likely
How do you know the volume is high enough for you to confirm a move…what’s the number of shares that would need to transact to be considered a lot of volume
@@carmine_rosato cool…I trade SPX mostly….so i always look at /ES volume…..just trying to gauge a number that would be considered high volume….love your content….i watched at least 5 of your videos today…..do you do live trading during the week?
for people without bookmap they see a gigantic volume candle that starts green then turns red then a sell off, ive seen it too many times with absorption
Every analysis which I talk about on here or every trade I take is provided in REAL TIME. I live trade and post every single trade i take. There is no hindsight
Why do online influencers feel they have to tell people how to trade? When every strategy must be peculiar to a person... Bruh's condemning a strategy he clearly doesn't understand... Not everybody is gonna trade like you want..
i really appreciate this analysis. this is exactly what the market does, time and again. now, at least there's someone who knows how to counter-act this type of nonsense - it's a rigged game.
I try stick to triple digit earnings growing multiple quarters in a row. Off flat bases. That have never run before. Sell if they don't run. Sell when they peak.
Heat map is lagging just like most indicator. A big seller doesn't necessarily mean a break out won't occur; it can mean there won't be a quick breakout. Everyone doing the same thing should lead to a greater chance of its success. If it doesn't, then other factors are present. The success of trading is based on odds. There is no holy grail to guarantee it.
What's your solution for consolidation days? Everyone can be succesful when price is trending. Real trader is the one who can trade consolidations and still be profitable.
When something is obvious & everyone is going to do it, the reliability increases in my opinion. Much like driving rules. They work only because everyone abides by them. But the edge lies in the flawless execution of a pattern etc. Just my humble opinion.
This depends on is it near supply or demand zone too. Also depends on if there’s an aggressive seller/buyer stalking and buying/selling into the liquidity they know patterns or other self fulfilling prophesy setups generate. Key is watch for absorption. What should happen verses what is. How good of job is it doing.. Carmine did a great job illustrating this all. I agree though, some things work because the masses all buy or sell at known areas so they work. Till they get bagged by strong money in the ambush. Most people don’t understand where they’re at on a chart discount or premium so they’re fighting strong money and acting like weak
Hella good video Carmine ! Concise , informative and perfectly articulated! I love how I see your preference to enter on the retrace as well, I.e) once you spot a possible passive buyer you wait for the area to reject again confirming the passive seller. I saved this video to my library. GOAT !
I’m curious Carmine, Looks like you’re using support and resistance, not supply & demand when you speak of order flow. How a retail trader marks out areas of supply & demand is integral to how we can identify areas where large financial institutions are buying and selling. I’m sorry, I don’t see too much indication of order flow in your video. Please show where you think I’m mistaken.
Great video Carmine. Do you do a filter to show a minimum size on the time and sales? Watching every single print on the t&s is ridiculous. Especially on liquid stocks. Thanks.
@@carmine_rosato Hello there, I have been testing the Boookmap ES free trial that TOS offers in the platform, I do also trade SPY, but sometimes I see it not so identical, can this be an issue of some kind of delay considering it a free version ??? what do you suggest ?? as always great videos, I would like some day to be in the arena learning from you !!
but one thing how can you confirm the downside or upside from foot print chart, looking at imbalance numbers , its good but my questions is , if you see large huge number sell , the candle candle you see going up and up , so there is so much to learn , you cant just explain it all in short videos, i watched order flows videos by mike valtos, i cant still determine how such orders number will set the direction to down or up, example es , so volatile. people scalp out a lot .
Just use a volume profile fixed range. Problem solved
That is why you wait for a pullback/consolidation right after it breaks
Right? Patience is a must in trading.
Ideally , but sometimes a pullback never comes!
Don’t you see that candle chart pulled back once and fake break out?
@@carmine_rosatonothing is hundred percent in trading. One confirmation don't happen, others will materialize and those will be juicy as you can stack up the number of contracts.
Those false breakouts!!!!! What could have been if I had only consider that prior to entry? @Carmine, you are spot on! I appreciate the time you take to share/teach. Another gem that sends me back to the lab.
Let’s go !!
love this! I've been seeing your bookmap on videos all over but it's great to see a proper breakdown of exactly how to add it into a strategy as a major confluence to follow through on a trade
As always, great content .Thanks Carmine, I had learned so much since I found you .
I had learn tons , really I waste me time trying to learn from others guys before , but never is late to overcome obstacles
What’s the order flow indicator called the one with the bubbles
Awesome Carmine! Bookmap has changed the way i see the auction entirely.
Excellent! Very key!
Great video. Great valuable information . Thank you ❤
Glad it was helpful!
For those of us who don’t have access to order flow would you recommend using a volume bar chart with a moving average attached to confirm any abnormally large moves?
Volume by price is more important than volume by TIME. So a tool like a time and sales or level 2 will work better in my preference
Very informative. Appreciate ya my guy!
Freakin Champion right here! Didn’t make to his program, but he’s one of the ones that actually makes sense and doesn’t seem to be gambling. I’ll continue until i’m consistently green!
Awesome video, thank you!
How you can get this heatmap ive Seen this often but nobody goes deeper into this.
Hey how can you tell if there are passive or aggressive, sellers or buyers?
Passive = limit.
Aggressive = market
Both to a completed transaction
I don't understand how to identify a trend turn.... avoiding the crowd/the obvious, but technically how do you identify that,...with high volume where the buy/sell ratio indicates where the price is most likely to go or what ratio to look for/identify?
Well looking at a chart for trends is valid. See when the trend (HH/LL or LH/HL) breaks and see if that trend continues to hold after. Or intraday can look for heavy volume with no follow through in that direction usually indicates prices are "unfair" and a reversal is likely
Where to get that chart with the the pending orders
How do you know the volume is high enough for you to confirm a move…what’s the number of shares that would need to transact to be considered a lot of volume
I mainly use it for context. I don’t look for a specific #. Something out of the ordinary which looks artificial
@@carmine_rosato cool…I trade SPX mostly….so i always look at /ES volume…..just trying to gauge a number that would be considered high volume….love your content….i watched at least 5 of your videos today…..do you do live trading during the week?
Thanks!!
You bet!
THANK YOU
This guy is good.
Great content
Those bubbles made me billions!
Sonds like your 85 grandmother knows more about trading than me. Lol
hahaha
Cool
we want free orderflow 😢 for practice
A time and sales and level 2 is free on must platforms!
@@carmine_rosato rly !!!! TY BRO , i search u know any free platform free ?
❤❤❤❤
Great... now I'm screwed lol
bla bla bla bla, you just need price, thats all. and you can trade really fine.
I just use price action, time of day patterns, and trend of the market. I only trade $SPY
Just repeating the same idea over and over for 13 minutes 🤦🏾♂️
"when there is a lot of pain for them, there is a lot of gain for me" anndddd thats a horrible way to look at this. Unfollowed.
You want to make money in the market ?
bullshit mate
thanx, just subbed. Where can I get the heatmap, volume, order flow real time feed ?
Look it up.
thank you
Thanks Carmine! I’ve always wondered why they were big buy orders and price would drop. That explains a lot, love u.
For the market to go down not only does ppl have to sell but there also has to be buyers buying
Remember buyer and seller for every transaction in the market !
for people without bookmap they see a gigantic volume candle that starts green then turns red then a sell off, ive seen it too many times with absorption
@@dalekim volume candle color = candle color. you can't see anything out of a normal volume candle, only volume
My three favorite channels: Carmine Rosato, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
How profitable are you in each week?
Umar ashraf and iman trading are also great traders
Umar ? He is a clown course seller millionaire 😂😂😂😂@@wiktordomanowski
Why do I get the feeling “stock brotha” is a black guy?
All hindsight
I have no respect for someone who claims to be a trading guru that never trades live
Show us your skills live
Every analysis which I talk about on here or every trade I take is provided in REAL TIME. I live trade and post every single trade i take. There is no hindsight
I'm learning Futures and will trade on the Quant Side. Numbers and not patterns. Numerical sequencing will be my way to learn this stuff.
What's that heatmap from? And what do you primarily use to confirm volume? I'm new to your channel and love your stuff!
I can trade randomly with 1:3 RR and be profitable without using what you said
Why do online influencers feel they have to tell people how to trade? When every strategy must be peculiar to a person...
Bruh's condemning a strategy he clearly doesn't understand...
Not everybody is gonna trade like you want..
i really appreciate this analysis. this is exactly what the market does, time and again. now, at least there's someone who knows how to counter-act this type of nonsense - it's a rigged game.
I try stick to triple digit earnings growing multiple quarters in a row. Off flat bases. That have never run before. Sell if they don't run. Sell when they peak.
Heat map is lagging just like most indicator. A big seller doesn't necessarily mean a break out won't occur; it can mean there won't be a quick breakout.
Everyone doing the same thing should lead to a greater chance of its success. If it doesn't, then other factors are present.
The success of trading is based on odds. There is no holy grail to guarantee it.
What's your solution for consolidation days? Everyone can be succesful when price is trending. Real trader is the one who can trade consolidations and still be profitable.
Nice video to simply describe divergence in the market and how to successfully trade a reversal with order flow software!
Exactly
Can she though, I'd like to see her do it.
hahaha i have to train her
When something is obvious & everyone is going to do it, the reliability increases in my opinion.
Much like driving rules. They work only because everyone abides by them.
But the edge lies in the flawless execution of a pattern etc.
Just my humble opinion.
Valid opinion !
This depends on is it near supply or demand zone too. Also depends on if there’s an aggressive seller/buyer stalking and buying/selling into the liquidity they know patterns or other self fulfilling prophesy setups generate. Key is watch for absorption. What should happen verses what is. How good of job is it doing.. Carmine did a great job illustrating this all.
I agree though, some things work because the masses all buy or sell at known areas so they work. Till they get bagged by strong money in the ambush. Most people don’t understand where they’re at on a chart discount or premium so they’re fighting strong money and acting like weak
covering an indicator which others cannot easily get up and running... Pointless... what the frack is the heat fucking map chart indicator
Carmine well noted and will add order flow to my arsenal. Thx
Why use extra Bubble indicator to make it complicated? Experience and Psychology .
What makes it complicated? Everything is very simple
How much does the bookmap cost?
Like. Very important tutorial.
The Yes & Pee 500, the best bistro in town...
When you're scalping do you prefer using the heatmap to view delta over the DOM? or both?
Really same info !
What does Dom stand for. Thanks
This helped a lot. Thank you
Glad it helped
How do i get my chart settings on book map to candlesticks
Great and insightful video, as always. Are you mainly trading futures these days?
yes , mainly SP500 and NASDAQ
Hella good video Carmine ! Concise , informative and perfectly articulated! I love how I see your preference to enter on the retrace as well, I.e) once you spot a possible passive buyer you wait for the area to reject again confirming the passive seller. I saved this video to my library. GOAT !
I appreciate that!
Seller vs "Passive Seller"?
Where to get those heat maps
I dont get it...if everyone else sees it then it should manifest.. thats supposedly why fibonacci levels are strong
I’m curious Carmine,
Looks like you’re using support and resistance, not supply & demand when you speak of order flow. How a retail trader marks out areas of supply & demand is integral to how we can identify areas where large financial institutions are buying and selling. I’m sorry, I don’t see too much indication of order flow in your video. Please show where you think I’m mistaken.
Could any updates be provided on the wait list next course status?
Will be opening up hopefully before June starts. I am keeping the community small and tight knit
Great video Carmine. Do you do a filter to show a minimum size on the time and sales? Watching every single print on the t&s is ridiculous. Especially on liquid stocks. Thanks.
I’d use 40/75 on ES. Filter one for size and one no size to gauge the speed of the tape
@@carmine_rosatowhat platform/DOM/T&S are you currently using? I’m tossing up Sierra, Medved trader, and Jigsaw
Great video
Is the time and sales chart you're using from book map as well?
If using a heat map or DOM, i don’t see a real need for a time and sales but yes BM
I use patterns WITH orderflow, SnD zones, and VPA
There you go !
@@carmine_rosato you told me best a long time ago. Once you find your edge NEVER CHANGE IT
Super helpful video. Thank you, good stuff.
Glad it was helpful!
Excellent information
Glad it was helpful!
Great video!! 🔥🔥🔥💯
Thank you Terry !
Very clear and concise video! Well done
Thank you sir !
What is a time and sales?
Does book map and order flow support SPY as well? I’m looking forward to purchase it but gotta ask first. Thanks big G
I recommend doing all analysis on ES charts even if you trade SPY SPX. The charts are identical
@@carmine_rosato Hello there, I have been testing the Boookmap ES free trial that TOS offers in the platform, I do also trade SPY, but sometimes I see it not so identical, can this be an issue of some kind of delay considering it a free version ??? what do you suggest ?? as always great videos, I would like some day to be in the arena learning from you !!
@@carmine_rosatothx! i have bookmap and trade spy and always flip flopped between ES and spy
Insane! Love this!
Is this level 2? I'm very interested in learning this but don't know where to get this information of buying and selling.
3:26 if you knew ICT strategy, you would have been on the right side of that trade
When will the course be open for enrollment again?
End of this month / start of June
@@carmine_rosato Thank you for the response!
Why do we see large sell orders on the time and sales but large buying on Bookmap?
This is why you always have stop-loss plan before you enter a trade. 🙂
Carmine can you send me the link for the book map and I
Order flow please.. thanks much
This guy Carmine is a sharp sharp dude very good actually the best
Thanks Carmine, awesome video!
Steve Mauro had this on one of his last video ty for showing me how useful this and how to use it
You give an advice; but where can we get a chart like this? Can we use it in forex?
Where do we get this heat map order flow thingy?
I use bookmap
@@carmine_rosato Ok thanks, I did, but my pc is too slow.
Best 🔥
Which order flow are you using?? And where to get it?
👏🏾👏🏾👏🏾
I agree chart patterns have always lost me money
Fire..!!
Thanks bro like always a great job
Thanks again!
Thank You 🙏 for the step by step valuable information and the psychology behind it.👌
y
could i know the name of the broker . amazing video
How do I learn to use this strategy?
Chart pattern will tell you the volume
but one thing how can you confirm the downside or upside from foot print chart, looking at imbalance numbers , its good but my questions is , if you see large huge number sell , the candle candle you see going up and up , so there is so much to learn , you cant just explain it all in short videos, i watched order flows videos by mike valtos, i cant still determine how such orders number will set the direction to down or up, example es , so volatile. people scalp out a lot .
Thank you. I miss your vids.
Thanks for your videos