How To Use Support and Resistance the RIGHT Way

[@jopreesh]

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.

[@SpAceAlexAnder]

Best Trading series on KZbin!

[@WilfredoCorujo]

The Real Edge for Retail Traders. Next Video would be the cherry on top. Institutional players are the Volume. Cant wait great job 🔥🔥🔥🔥🔥🔥🔥

[@mrardians]

Another great video. Carmine is the best. Please make a video on how to set up the Sierra charts . Thank you.

[@ArekJP]

This is so well explained. Great job!

[@thomasflynn8712]

Carmine all ur videos are awesome but this one is ridiculous man you are the best cause you think outside the box

[@jahvonwalker3288]

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

[@mishm.3893]

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.

[@danielstoyanov4359]

Great Video. As Always Carmine did not disappoint. Thank you for the information and great lessons.

[@blackdiamondoffthegrid8703]

Thanks Carmine! Awesome Awesome Explanation. Have a Great 3 days weekend. Always watch it twice!🙏

[@ahassay]

Great content again!!! Hope your 80-year-old grandmother is using order flow too 😂😂😂

[@alejandroleyva8628]

Exellent video carmine , thank you for taking the time and teach us all this info !

[@arielmoya1255]

Hey Carmine, the Delta Order Flow Footprint as shown in Sierra Charts , is your set up different than the one is showing?

[@rfloresc192]

Thank you for sharing! What’s the timeframe you use for the footprint charts shown in the video?

[@rfloresc192]

Nevermind, just noticed the numbers below and saw it’s 30 min. Thanks again!

[@ultimateq8479]

Hey Carmine, what is the Volume price multiplier do you use ?

[@benyblancs]

Ty Carmine. I’m currently using TOS which does not support DOM charts. What platform do you recommend for a beginner trader to use?

[@ceptember.]

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 🙏🏼

[@jeffegg2]

Top Notch Video!!! I need to do some more work on my Sierra Charts....

[@palmetto.]

this series is great, ty for making this

[@papang423]

Hello, Always coming through with great video. When you say volume tail, Do you mean area where volumes dries up?

[@chasemaglangit7954]

Thank you for all the education brother! 🙏

[@XxGiO13xX]

Awesome man. thank you for the info. Keep up the great work.

[@nataliegura2053]

This, this right here is good sauce

[@j.p.dgfstyle6099]

Studying!! Thank you Carmine

[@wannabecentillionaire9062]

Do you have a template for your footprint settings?

[@kareemjones7961]

This series is awesome!!!!!

[@ceptember.]

I wish you could be convinced to do a live stream on Bookmap's KZbin every week

[@user-khe85it]

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).

[@ceptember.]

@user-khe85it rude af

[@joshlittlejohn5163]

Thanks great content !

[@realitycheck_]

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.

[@Unholyhunter]

Thank you for the information brother

[@Gloryboiii]

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]

Like I’ve seen some guy Ticino trader has a bookmaps template for sierra, what do you think of it?

[@christopherherby7263]

​@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.

[@hanisVIBE]

Honestly this depends if the stock is trending or ranging. What do yall think? Most traders fail because of risk management and psychology.

[@kair.7532]

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

[@avzaid]

How can we get the order flow chart please

[@JustStartingOut-nt8ve]

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.

[@joshuaomotoso1935]

Great work!

[@vXB3ASTM0D3Xv]

where do i get the footprint chart?

[@jacksonkeeting5270]

Thank you for this‼️

[@Capitalls09]

Thanks dude. 👊🏾

[@olzhasshymyrbay6488]

Very good

[@ELITETRADEr294]

makes perfect sense ,

[@daltonyz]

«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?

[@ceptember.]

Passive limit buy orders are not the same as aggressive market sell orders that hit the bid

[@daltonyz]

@ why not? Passive limit buy orders are on the bid side just as aggressive sell orders when ppl hit the bid..

[@ceptember.]

@@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

[@daltonyz]

@ 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

[@jamesroberts5450]

masterclass

[@yoirons3375]

Is this sierra delta

[@ELITETRADEr294]

the foot print is ,

[@realitycheck_]

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.

[@jtrades_]

U gotta be specific and mechanical

[@realitycheck_]

@ 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.

[@jtrades_]

@@realitycheck_ that's why I predict the market not just react

[@jtrades_]

@@realitycheck_ learn anticipation trading models so u can avoid those fakeout entries that just exist purely to build liquidity

[@jtrades_]

@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

[@papang423]

16:27 "How do you identify support levels that is created by the aggressive buyers and passive buyers"

[@OnuegboOliver]

What took you so long to post this VIDEO??

[@papang423]

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

[@HB714-88]

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.

[@JustStartingOut-nt8ve]

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.

[@abrahamcornelio3676]

you epesode are getting worse ... im unsub .... now

[@nataliegura2053]

Bro this was probably the best episode so far

[@ceptember.]

​@@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

[@ceptember.]

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

[@JowlTalks]

@@ceptember.bro want the easy way out 😂

[@ObserverAnne]

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.

[@jtrades_]

😂

[@massihtaufiq3269]

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!

[@ObserverAnne]

@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

[@realitycheck_]

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

[@jtrades_]

@@realitycheck_ ur a bot