YouTube2Text

I Traded with a Professional Scalper — Transcript

by Andrea Cimi · 5,422 words · 772 segments · language en · Watch on YouTube

Full transcript

  1. 0:00This handsome Italian guy is Fabio
  2. 0:02Valentini, one of the best day traders
  3. 0:04or scalpers in the world. He has proven
  4. 0:07his trading skill in the most famous
  5. 0:08trading competition in the world, the
  6. 0:10Robins World Cup trading championships,
  7. 0:12where in a single quarter his return was
  8. 0:1469% in the first competition, then
  9. 0:16almost 90% in a following competition,
  10. 0:19then
  11. 0:19218% in the following competition, and
  12. 0:22then more than 160% in the latest
  13. 0:24competition. with this track record of
  14. 0:26more than 2,000 trades over 12 months,
  15. 0:29but also a trader who's generated
  16. 0:31multiple seven figures of generational
  17. 0:33wealth from trading alone. So, I flew to
  18. 0:35Dubai to spend a day with him and
  19. 0:37recording his every move in the charts.
  20. 0:39But when we decided to shoot this video,
  21. 0:41I had no idea how much value he was
  22. 0:44about to share. So, after a quick coffee
  23. 0:45and a workout, we went to the Opus Tower
  24. 0:47in the trading floor of Burn Scorpinsky
  25. 0:49and start our trading session. We use
  26. 0:52usually dynamic risk management. What
  27. 0:55does it means? That I classify my setup
  28. 0:58from A to C. A setup, B setup, C setup.
  29. 1:02Not all the trades use the same risk. So
  30. 1:05if I get, for example, a C setup, I will
  31. 1:08risk €1,000,
  32. 1:11maximum€1,500 as a stop loss of risk. If
  33. 1:13I get a B setup, it can go maximum
  34. 1:16€2,000. If I get a setup, that means
  35. 1:20that all my confluence step in. I have
  36. 1:23the most statistical hedge that I can
  37. 1:25find in the market in the NASDAQ. So, I
  38. 1:26will risk maximum 2,500 to 3,000. We
  39. 1:30will use this risk management for today.
  40. 1:32And uh we will try to build the profit
  41. 1:36for the day to then increase the risk
  42. 1:38during the day. So, we will start really
  43. 1:40low and
  44. 1:41chill. It seems to be starting to create
  45. 1:44an A setup. What I want to see it's
  46. 1:46absorption there and I already see that
  47. 1:50the market is developing really good
  48. 1:52because we have a bullish bias for the
  49. 1:54day and we start to see that the market
  50. 1:57is presenting some absorption here. So
  51. 1:59the the sellers are pushing we are
  52. 2:01reaching our um point of interest but I
  53. 2:04want to see some kind of buyers to step
  54. 2:07in on this level that right now is not
  55. 2:10happening. We can only see the sellers
  56. 2:12pushing. This is the benefit of order
  57. 2:13flow. You can see all this aggression in
  58. 2:16price. This for reference is the profile
  59. 2:20footprint. It's not the bid and ask. So
  60. 2:22because I want to see exactly what is
  61. 2:24happening at each level and this is our
  62. 2:26platform deep charts. So this is the
  63. 2:28reason it's really important to have a
  64. 2:30trigger that is giving you some kind of
  65. 2:33edge in the level because this was an
  66. 2:35area of interest that I will use for
  67. 2:38searching for buy opportunities but the
  68. 2:40buyers didn't step in at this level. So
  69. 2:42I will just wait to see if there is some
  70. 2:44kind of absorption here. But for the
  71. 2:46moment we just wait. This is the most
  72. 2:48important skill for a scalper.
  73. 2:50What's potential accumulation area just
  74. 2:54a level that I get from structure
  75. 2:56because you need to start the day with a
  76. 2:57narratives and here the narrative was
  77. 3:00bullish but from this level it seems
  78. 3:03that we are seeking continuation
  79. 3:06cell. So this was my level of interest
  80. 3:09to continue higher. But for how the
  81. 3:12session is developing, we are not yet in
  82. 3:14New York session. I think we can search
  83. 3:17for one short opportunity when we will
  84. 3:19get back to this level here. So again,
  85. 3:24now it's a waiting game. Yeah. So even
  86. 3:27the scalper needs to have a little bit
  87. 3:29of patience.
  88. 3:31This is the difference between a trader
  89. 3:33that is finding an interesting area and
  90. 3:38building a narrative out of it and wait
  91. 3:40for the condition and the trader that
  92. 3:42just put limit orders. If I put limit
  93. 3:45orders directly here, I will get the
  94. 3:47black color for reference. If I get
  95. 3:49limit order only because this level is
  96. 3:51interesting for me, I will get
  97. 3:52liquidated in seconds.
  98. 3:55Usually I don't trade pre-market open
  99. 3:59because I want to have a clear bias. But
  100. 4:02from what I can see here, the market is
  101. 4:04developing short. So I will for the day
  102. 4:07I will target this low. I will wait for
  103. 4:10my opportunity to this low here. I will
  104. 4:14wait for my opportunity to step in at
  105. 4:16the right moment because right now it's
  106. 4:18really bad positioning of the the short.
  107. 4:22I need to have a little bit of premium
  108. 4:24and I don't mean premium in the concept
  109. 4:27of premium and discount of ICT. I mean
  110. 4:30premium based on volume. So if we get
  111. 4:33the profile distribution of the starting
  112. 4:36of the session and we go here we can see
  113. 4:40that the chunk of volume the value area
  114. 4:42it's here. So I will just be patient
  115. 4:44enough to wait to reach one level that
  116. 4:48is interesting for me and from here
  117. 4:51search for short opportunities. Again
  118. 4:53when we reach this level it will not be
  119. 4:55an execution. It will be a potential
  120. 4:59area to seek short position because we
  121. 5:02are in alignment with higher time frame.
  122. 5:04The price is going exactly start the
  123. 5:06retracement from here and is going
  124. 5:09exactly here. The only thing that is not
  125. 5:11in my trading model is that we are
  126. 5:13before the opening of the New York
  127. 5:15session. So you will lower your risk. I
  128. 5:17will lower my risk. I will only use
  129. 5:20€1,000 for this position. Let's check.
  130. 5:22We are we reach 196 and we are starting
  131. 5:25to absorb. How do you know we're
  132. 5:26starting to absorb? I see from the
  133. 5:29candle behavior after watching the
  134. 5:32charts a lot. you start to see the
  135. 5:36relation of price and volume because I
  136. 5:38always use trading view and volume
  137. 5:41analysis platform. So I already know
  138. 5:43that if I go here I will see some
  139. 5:45aggression that is being absorbed. You
  140. 5:48can see aggression that is being
  141. 5:51absorbed. This means those are trapped
  142. 5:54buyers. Those are trapped buyers. And uh
  143. 5:57uh now the trap buyers is the least
  144. 5:59profitable setup that I have
  145. 6:01unfortunately because the most
  146. 6:03profitable setup I have is momentum. So
  147. 6:06in trapped buyers you are going
  148. 6:07contrarian to the trend and it's really
  149. 6:09risky. As you can see the price is
  150. 6:11starting to go against us again. So I
  151. 6:14just want to see the sellers stepping in
  152. 6:17and I also use a lot of cumulative
  153. 6:19volume delta at the moment. As you can
  154. 6:22see there is no sell side aggression.
  155. 6:25just can see the price up and up and up
  156. 6:27and up. You see, if someone takes a
  157. 6:29trade on trumpet trap buyers, it will be
  158. 6:31a
  159. 6:32stop. This is the reason I want to play
  160. 6:35it safe considering that I'm also
  161. 6:37outside my trading hours. So, I will
  162. 6:40just wait for the sellers to show some
  163. 6:44kind of interest. Interest. Yes. And as
  164. 6:47you can
  165. 6:48see, price is not stopping
  166. 6:51again. Price is going high.
  167. 6:55I think one good sell position that we
  168. 6:57can get from
  169. 6:58here is exactly from this level. This
  170. 7:04refinement of my area. If I see sellers
  171. 7:08stepping in here, I will try to short.
  172. 7:11But I need to see buyers starting to
  173. 7:14remove their feet from the gas.
  174. 7:18Again, this is about patience. Now we
  175. 7:21already saved three stop loss using
  176. 7:24order flow. Three stop loss that could
  177. 7:27have been taken only using price
  178. 7:31action or we're not taking I'm thinking
  179. 7:35about loading my first position. It will
  180. 7:38be really low
  181. 7:42risk. We will start with two contracts.
  182. 7:45No, I just put it there. Then I move it
  183. 7:48just to to be faster in
  184. 7:52execution. I didn't open anything yet
  185. 7:55because there is this
  186. 7:58that something alike. We are ready for
  187. 8:00the first
  188. 8:02position. It's only €600 of stop- loss.
  189. 8:06So, we are going really conservative on
  190. 8:08the first
  191. 8:09one. And this look at the sellers. So, I
  192. 8:14have a total risk
  193. 8:17of €1,000 for the
  194. 8:21position. We will fragment the orders.
  195. 8:24Yes, I fragment the orders. One here,
  196. 8:28one here to get a better average
  197. 8:31positioning. And we will just cover
  198. 8:33ourself
  199. 8:36here. It's small profit, but we need to
  200. 8:39start somewhere.
  201. 8:43I will target this low for the first
  202. 8:45one. It's only
  203. 8:47€300. No, I will not target this low. I
  204. 8:50will target this
  205. 9:00area. This is the kind of momentum trade
  206. 9:03that uh I usually took with the highest
  207. 9:06win rate. It's around 50% win rate, but
  208. 9:09the riskto-reward is really good. Now we
  209. 9:11didn't got the perfect execution because
  210. 9:13to get the perfect execution we need to
  211. 9:15see a little bit of retracement another
  212. 9:17distribution and then the drop down and
  213. 9:19this is what I hope will happen. I
  214. 9:21prefer to take a stop loss that to get a
  215. 9:23better execution. I think we had a
  216. 9:25retracement. Yes, we are filled on two
  217. 9:27position. This anyway this is a B setup
  218. 9:31but it's considered a C setup only
  219. 9:33because it's outside my trading hours.
  220. 9:36So maybe the win rate for this is around
  221. 9:3840%. So checking from the order flow, we
  222. 9:42can see that the buyer starts still
  223. 9:44pushing and taking back the position and
  224. 9:46I cover my stop loss above
  225. 9:50this level. This is the level that it's
  226. 9:52holding the aggression of the sellers
  227. 9:54and also the cumulative delta for the
  228. 9:56first time is showing a little bit of
  229. 9:59sellers aggression. So the price was
  230. 10:02about to go here, here, here and down.
  231. 10:06And we actually got here, here, here,
  232. 10:08and down. That's some experience right
  233. 10:10there. I want to point out that this is
  234. 10:12not a prop firm account. It's real
  235. 10:14money. It's the first time for me
  236. 10:17trading out of the world trading cup of
  237. 10:20course, but with other people in the
  238. 10:22room because I'm used to put the
  239. 10:24headphone music and I have a little bit
  240. 10:27of ADHD. So adding voices around being
  241. 10:30recorded is stressing the out of
  242. 10:32me. But it's a good experience. We need
  243. 10:34to check order flow. You see why order
  244. 10:36flow? is useful because you can exactly
  245. 10:38see who is winning the battle. What I
  246. 10:40want to see is that the price will try
  247. 10:43to go up again, get rejected and see
  248. 10:45some kind of acceleration through the
  249. 10:47target, explosive moves really fast. And
  250. 10:50this is because the sellers will finally
  251. 10:52step in. And what I'm seeing from the
  252. 10:55order flow, I'm pretty sure it's another
  253. 10:59distribution. It's a redistribution
  254. 11:00phase. Why I can say confidently this?
  255. 11:03because I see that the cumulative volume
  256. 11:05delta is not having a followup. So the
  257. 11:08sellers are what do you mean follow up?
  258. 11:10a follow up in uh uh long follow up in
  259. 11:14upside more yeah resulting price like
  260. 11:16this is the concept that I took from
  261. 11:18volume spread analysis and uh um if you
  262. 11:22don't see a follow up on the cumulative
  263. 11:24volume delta on price it's a dis
  264. 11:27discrepancy is right yeah yeah discrep
  265. 11:29discrepancy exactly yes we are seeing
  266. 11:32some kind of aggression I expect more
  267. 11:34aggression and acceleration on this one
  268. 11:40[Laughter]
  269. 11:43pretty accurate. Pretty accurate. Okay.
  270. 11:46So, uh the price follow up exactly on
  271. 11:49the narrative that I built for the sell
  272. 11:51position. Now, I didn't went only to
  273. 11:54lower my stop loss. I went break even
  274. 11:56because I'm not liking at all what the
  275. 11:59price is doing here. And exactly, we are
  276. 12:01seeing buyers aggression. So if I break
  277. 12:05again this level or if I reach this
  278. 12:07level again, I will lower even. I will
  279. 12:09go in a stopping profit because I don't
  280. 12:11like this pattern. I saw this 1,000
  281. 12:13times and when I see this pattern, I go
  282. 12:15break even. So I don't want to be
  283. 12:17against me, but you need also to be
  284. 12:19really objective and not only see your
  285. 12:22vision. What is happening here? Let's go
  286. 12:25on the order flow and let's create some
  287. 12:27narratives. As you can see, the sellers
  288. 12:30are trying to push, but they are not
  289. 12:32having a follow-up. So, the price will
  290. 12:35likely retrace higher and higher. I want
  291. 12:37to see some aggression. You see how much
  292. 12:40they are trying to push, but they are
  293. 12:42they are still here. So, if we reach
  294. 12:45again this level, my stop loss will go
  295. 12:47here. I need to be protected. I'm
  296. 12:49already zero risk on this position. So,
  297. 12:52again, we are pushing. I will be really
  298. 12:54conservative on this position because I
  299. 12:55need to build the profit for the day. So
  300. 12:58we are already risk- free but I feel
  301. 13:01more confident if we reach this
  302. 13:04level again to go risk not risk- free
  303. 13:09but stopping profit and I think the best
  304. 13:12level to protect my profit is above here
  305. 13:16but we need to go back because now let's
  306. 13:19check the volume what is happening here
  307. 13:22buyers are taking
  308. 13:23over lot of efforts on the sell side and
  309. 13:27buyers ers are retracing and retracing
  310. 13:30and they will take this high. I am
  311. 13:31pretty sure about this and now the
  312. 13:34buyers took this level as I told this is
  313. 13:36one kind of distribution that I notice
  314. 13:38in NASDAQ for redistribution phase as
  315. 13:41you can see now after this I'm pretty
  316. 13:44sure that we will try to recover the
  317. 13:47level so we will see some kind of
  318. 13:49aggression cell this will be the first
  319. 13:51moment where we see sellers pushing the
  320. 13:54price down and it will be a really
  321. 13:56explosive move let's check here the
  322. 13:59explosion you mentioned they reached the
  323. 14:00level. They went really near the level.
  324. 14:03Let's check the
  325. 14:04volume. They had a really big explosion
  326. 14:06with low effort. So, this is a good sign
  327. 14:09for the
  328. 14:11sellers. One position that can also be
  329. 14:14taken in this kind of environment is
  330. 14:17waiting for the closure of this candle
  331. 14:20and covering above this high. I know
  332. 14:23it's not a really big risk-to-reward,
  333. 14:26but it's 1 to2.7.
  334. 14:29So the candle closed here, still valid.
  335. 14:33So it's $85 of risk for a reward of
  336. 14:37almost 300. So it's a really profitable
  337. 14:40setup this
  338. 14:41one. And I'm taking this setup with zero
  339. 14:45risk. No, it's stopping profit. So it's
  340. 14:49it's good buy imbalance in a sell
  341. 14:52aggression. It's a really good
  342. 14:54confirmation. This is another sensible
  343. 14:56level that we have. We are pushing. We
  344. 14:59are going. So this was like potential
  345. 15:02second entry there. Yeah. And uh it get
  346. 15:06confirmed. We are already stopping
  347. 15:08profit and we'll just let it run. So we
  348. 15:11reached the level that I told you that
  349. 15:13is enough to bring our stop loss to
  350. 15:15break even from this level that we
  351. 15:17checked before that was the bull volume.
  352. 15:21Let me check from the price what we are
  353. 15:22doing. We are still so one good exercise
  354. 15:26that I can advise to anyone is using the
  355. 15:31profile for the area that you are
  356. 15:34charting. What happened here? We went
  357. 15:36outside of the value
  358. 15:39but we have a failed option. So the
  359. 15:42price didn't accepted lower lower value.
  360. 15:44So we are still not in trending. We just
  361. 15:47broke out of this level and we are
  362. 15:49revisiting the value area. And at this
  363. 15:52moment if we want to see some sell
  364. 15:55aggression the only level where we can
  365. 15:57see sell aggression is the value area.
  366. 15:58So this is our last
  367. 16:01protection point of the trade. And what
  368. 16:06I want to see here I still didn't check
  369. 16:08the volume analysis platform but what I
  370. 16:10really want to see here is trapped
  371. 16:12buyers. Because when you have a a a good
  372. 16:15reversal you have trapped buyers. At
  373. 16:17this moment, as you can see, huge buy
  374. 16:21volume buyers on the top of the of the
  375. 16:23candle, no follow up, really good delta
  376. 16:25on the top. So, they are still, as I
  377. 16:28told you, we are in a consolidation
  378. 16:30phase, but we are protected. This is why
  379. 16:32the skill of understanding where to put
  380. 16:35your stop loss is so important
  381. 16:37in scalping. Now,
  382. 16:40the analysis is always the same. Again
  383. 16:44if this level gets
  384. 16:46broken we again cover ourself here and
  385. 16:49we get small part of profit. We follow
  386. 16:52the market and we get small profit out
  387. 16:54of the market as it moves. So if we are
  388. 16:57proven wrong on this trade even if the
  389. 16:59market explodes up we still have some
  390. 17:01profit and we can compound this profit
  391. 17:04for the next position. We can use this
  392. 17:06profit that we made to open position
  393. 17:08risk free in the next trade. This is
  394. 17:10really important as a sculper because if
  395. 17:12you want to have a really low draw down,
  396. 17:14you need to use this profits again to
  397. 17:16build the position. This is called
  398. 17:18position building and it's what all the
  399. 17:20good sculpers that I know are doing. Uh
  400. 17:23also to lower the emotional the
  401. 17:25emotional pressure during the day
  402. 17:27because this for example now why we are
  403. 17:31relaxed. We are relaxed because in the
  404. 17:32worst case scenario we make 400 no $300
  405. 17:37in the worst case scenario. And this is
  406. 17:39really good to do when we go around 2 or
  407. 17:422:30 3:30 Italian time because it's a
  408. 17:46European time because the market start
  409. 17:48to get really aggressive and it's not
  410. 17:50good to scalp. It's not good to scalp at
  411. 17:53this time. So what I usually do, I wait
  412. 17:55for the 330 shake out of the market and
  413. 17:59then I start my session. Let's give a
  414. 18:02check to the volume. Some kind of
  415. 18:04effort. Result is zero. So buyers took
  416. 18:08the upper end again. Here we
  417. 18:11go. I think we got liquidated on
  418. 18:15this. So we made like
  419. 18:19$280. Remember that if the candle is
  420. 18:22still developing, you can still see a a
  421. 18:25really fast absorption on it. So you
  422. 18:28need to be ready. You need to mark your
  423. 18:29level where you want to see price
  424. 18:32getting back inside
  425. 18:34value before executing. For example,
  426. 18:37here it's pretty impossible that we will
  427. 18:39see an absorption in the candle because
  428. 18:41buyers are taking the position. Now,
  429. 18:43where we got out of the position
  430. 18:46here with stopping profits. So, we saved
  431. 18:49us all this stop-loss that was
  432. 18:51unnecessary. This is why you need to
  433. 18:53follow up on the position. And in
  434. 18:55sculping it's really time consuming
  435. 18:58because you have to be in tune with the
  436. 18:59market. You cannot just go away. Let me
  437. 19:03remove also the take profit. Okay.
  438. 19:08Now let's go again. What we are seeing
  439. 19:11right now is that the price
  440. 19:15at the really important field the
  441. 19:17auction here on this level that is still
  442. 19:20holding. So my narrative is shifting.
  443. 19:24Now I want to target this high and I
  444. 19:27want to see from volume after this
  445. 19:30breakout if I have a good level to put
  446. 19:33back my buy position at this time
  447. 19:35because I don't want to be right. I want
  448. 19:38to be
  449. 19:40with the right pressure in the market. I
  450. 19:44want to be where the market is most
  451. 19:46likely to go. I don't care about being
  452. 19:48right. If I care about being right, I
  453. 19:51will take the most
  454. 19:53uh amount of uh monetary risk on this
  455. 19:56trade just to say, okay, if it reverse
  456. 19:58here, I'm still in profit. But it's not
  457. 20:01what we do as scalpers. We need to
  458. 20:03change our opinion really fast. And this
  459. 20:05is the reason you need to keep your ego
  460. 20:08low. You cannot marry your trades
  461. 20:11clearly visible from the pressure that
  462. 20:14the market is really aggressive on the
  463. 20:17on the buy. Look really aggressive. So
  464. 20:20it makes no sense to try another sell.
  465. 20:23This is what a lot of price action
  466. 20:25trader takes wrong. Oh, I got my stop
  467. 20:29loss gets taken here. I will try again
  468. 20:31to short. Okay, maybe sometimes it can
  469. 20:34work. But what is volume telling you?
  470. 20:36The volume is telling you that the
  471. 20:37buyers are really aggressive on the
  472. 20:39upside. So my probability of taking
  473. 20:42another stop-loss or stopping profit if
  474. 20:45I go sell is really high. The market is
  475. 20:48not balanced at this moment. The buyers
  476. 20:51are really
  477. 20:53aggressive. So my idea for the day is
  478. 20:58developing and my idea for the day
  479. 21:00shifted from sell to buy at this moment.
  480. 21:03So what will I do? What is my blueprint
  481. 21:05for the opening of the session? This
  482. 21:08time I will just wait for the price to
  483. 21:12revisit the accumulation area. And my
  484. 21:14accumulation area is pretty easy to
  485. 21:17understand is this one. Why? Because the
  486. 21:20price was trying to break out of this
  487. 21:22area for a lot of time but it didn't add
  488. 21:25a follow through. So we are reaching
  489. 21:27again. Let's check the
  490. 21:29volume. We exactly tested the breakout
  491. 21:33level and
  492. 21:35different world. Yeah. But what is
  493. 21:37important is that we are
  494. 21:39using not different kind of data because
  495. 21:42if you think about what is the
  496. 21:43commitment of trader report it's actual
  497. 21:46positioning what I'm checking actual
  498. 21:49position actual execution and what we
  499. 21:52see here is not small execution this
  500. 21:54execution was huge on NASDAQ this one
  501. 21:57and the delta on the level so just if
  502. 21:59you the longer the bar the higher the
  503. 22:01I'm curious why would you not see like
  504. 22:04something like a high here when it comes
  505. 22:07back up here when it break it like this
  506. 22:09pivot and you look look at the
  507. 22:11time 2130 okay it was deep night in
  508. 22:15United Arab Emirates so it's out of my
  509. 22:19trading hours I usually trade New York
  510. 22:21session and all the afternoon kept on
  511. 22:23going like this with him calling in
  512. 22:25front of my eyes every single market
  513. 22:27movement freaking nuts he's not even
  514. 22:30used to trading the London session and
  515. 22:32he was still able to call most of market
  516. 22:34movements and capitalize on them. But
  517. 22:36before we documented some of his trade
  518. 22:37during the New York session, he had to
  519. 22:39go for an interview at the Titans of
  520. 22:40Tomorrow podcast, one of the biggest
  521. 22:42trading podcasts in the scene, which I
  522. 22:44strongly recommend you watch it.
  523. 22:46Together with the other podcast I've
  524. 22:47released on this channel, where he's
  525. 22:48given even more trading insights that
  526. 22:50you really don't want to miss. After
  527. 22:52that, it was time to go back home and
  528. 22:53close the day scalping the last part of
  529. 22:56the New York session. Now, it's really
  530. 22:58interesting one reversal setup that is
  531. 23:01developing. And right now I'm just
  532. 23:04checking the behavior of the sellers on
  533. 23:07this level because I can see clearly a
  534. 23:10situation of exhaustion in the volume
  535. 23:13and the price is trying to auction down
  536. 23:16and we are in a long-term demand 15
  537. 23:18minutes demand but as you can see the
  538. 23:20price is pushing really hard from the
  539. 23:22behavior of aggressive sellers but we
  540. 23:25are not having a followup. So I think if
  541. 23:27we can break down this high I'm waiting
  542. 23:30I can search for a end of session
  543. 23:34reversal to take this high and it's a
  544. 23:36really good uh risk-to-reward ratio but
  545. 23:39I just need to some time to wait that to
  546. 23:42see some aggressive buyers with a good
  547. 23:44follow up on the the volume side. We are
  548. 23:49outside now because uh this view is
  549. 23:52really inspiring. It's the yacht club of
  550. 23:55Marina and uh it's a really calm area.
  551. 23:58There is no a lot of noises outside so
  552. 24:01you can just chill, work. Now in United
  553. 24:04Arab Emirates there is the perfect
  554. 24:05weather. It's 25° so I really love this
  555. 24:09kind of uh uh period of the year because
  556. 24:13it's great because if you have a setup,
  557. 24:16if you have a statistical edge, you just
  558. 24:18need to wait. Look at the stop- loss.
  559. 24:20They almost kissed them. Kiss it. But
  560. 24:23the point is that the trapid sellers are
  561. 24:27protecting my stop loss at the moment.
  562. 24:29We are still in a consolidation. As you
  563. 24:30can see, no breakout long, no breakout
  564. 24:33short for the moment. But I expect some
  565. 24:36kind of long acceleration on the price.
  566. 24:38Let's see some kind of explosion at the
  567. 24:41close of this candle.
  568. 24:44We can almost go to stop to break even
  569. 24:47maybe but I see still not a lot of
  570. 24:51confirmation. We are floating
  571. 24:541,00 1 1,1 100 200 and we see some kind
  572. 24:59of really good
  573. 25:01movement. Price is pushing to the
  574. 25:04target. It should be around
  575. 25:07$2,000. Target reached on the on the
  576. 25:10order flow part. I was a little bit
  577. 25:13greedy from the the charts trying to get
  578. 25:17the upper part of the profile
  579. 25:21distribution. I will
  580. 25:23just see. But you need to consider that
  581. 25:26this is the first time exactly the first
  582. 25:28time we see buy aggression in all the
  583. 25:30session. So we took exactly the end of
  584. 25:32reversal
  585. 25:34setup.
  586. 25:37Now maybe it's time to trail the stop
  587. 25:40loss to profits. But I still see a lot
  588. 25:42of aggression buyers. So I don't want to
  589. 25:45to close it yet. I use a lot volume. If
  590. 25:48volume is still pushing high, as I can
  591. 25:50see from the cumulative volume delta,
  592. 25:52I'm holding the position. I want to see
  593. 25:54what the sellers will will
  594. 25:58show some good
  595. 26:00retracements and failed auction from the
  596. 26:02sellers part. This is the trap sellers.
  597. 26:05So if this candle close like this and we
  598. 26:07have trapped sellers, we will again push
  599. 26:09high and is my confirmation to go stop
  600. 26:12in profits, not even stop loss to to
  601. 26:15break
  602. 26:20even. Let's see what they
  603. 26:23do. Anyway guys, this is our platform.
  604. 26:26We worked a lot to bring this platform.
  605. 26:29This is a web platform. It's really
  606. 26:31convenient to you and this is kind of
  607. 26:35proprietary study that we are doing on
  608. 26:36the platform that is helping scalpers to
  609. 26:39get a real statistical advantage on the
  610. 26:41market. The sellers are having a follow
  611. 26:43through. We are back to break even on
  612. 26:45the position and now we want to see if
  613. 26:48the sellers will win the battle or if
  614. 26:49the buyers will win the
  615. 26:56battle. Again, super aggression of the
  616. 26:59sellers. I think this time we take the
  617. 27:01stop loss. The sellers are pushing with
  618. 27:04all the power that they have. We got
  619. 27:06liquidated on this position for a loss
  620. 27:08of
  621. 27:09$850. And we just need to check if the
  622. 27:14buyers are again taking control of this
  623. 27:16because this is a failed breakout
  624. 27:18breakout. So if you get absorption from
  625. 27:20the price, we can try the last setup of
  626. 27:24the day that it's a 1,000 risk position
  627. 27:27again with a one to two one to three
  628. 27:30risk to reward to close uh in profits
  629. 27:33and uh uh we need a follow through from
  630. 27:35the the price. So we will just need to
  631. 27:37wait for the scandal to close and we see
  632. 27:40a completion of the auction. This
  633. 27:42completion of the auction is showing a
  634. 27:44huge strength from sellers. So we leave
  635. 27:47the ego at home and we take a short
  636. 27:49position. Follow this is a trend
  637. 27:52following position with a stop loss
  638. 27:53above the auction. Right. I need to put
  639. 27:58let me remove the
  640. 27:59position. I need to
  641. 28:02put a two contract risk because stop
  642. 28:06loss is too high. Let me calculate it
  643. 28:08really fast. So 1,200 it's
  644. 28:12okay. Let's see if we got filled on the
  645. 28:15position.
  646. 28:16[Music]
  647. 28:17So the seller as you can see what we are
  648. 28:20trying to understand is who is winning
  649. 28:22the battle at this moment the seller
  650. 28:25again are showing a huge amount of
  651. 28:27strength even if it's the closing of the
  652. 28:29session. So this was a really uncommon
  653. 28:32session because it's really hard to see
  654. 28:34an explosion and a continuation for all
  655. 28:37the day in the direction of the trend.
  656. 28:39The setup was correct. Unfortunately we
  657. 28:42didn't got filled on the short after the
  658. 28:44breakout. This is what usually is called
  659. 28:47from price action trader the um price
  660. 28:51imbalance. I think we will revisit again
  661. 28:53this price. And what I use usually on
  662. 28:56this is the VWAP. You can use from like
  663. 29:01platform like trading view or you can
  664. 29:03use from a professional platform. The
  665. 29:05important part is that we go back to the
  666. 29:07fair value. We want to short from the
  667. 29:08fair value. So, we'll just have a little
  668. 29:10bit of patience to get this momentum
  669. 29:13short because we are protected from
  670. 29:16what? We are protected from this huge
  671. 29:19wall of orders that won the battle. So,
  672. 29:22we want to be in at this moment and we
  673. 29:25want to be in with the strong sellers.
  674. 29:28But I don't want to be in from discount
  675. 29:31price. I want to at least retrace a
  676. 29:33little bit. Go back inside the fair
  677. 29:36value. And to to do this you can also
  678. 29:40use the profile. So if you get the
  679. 29:43profile of the session as you can see
  680. 29:45can also stay here. I want to stay short
  681. 29:51from fair value the value area low.
  682. 29:55Sorry value area low again. Buyers
  683. 29:58trying to stop
  684. 30:03in. I think we will target for
  685. 30:07$2,500. If we can get back up. Let's see
  686. 30:10if we get filled. The reason I'm
  687. 30:12searching for this position is because
  688. 30:14we have what's a wall here. We have a
  689. 30:17wall here. As you can see, the buyers
  690. 30:21are trying their best. I will cover
  691. 30:26myself with really small incredible
  692. 30:30small
  693. 30:31stop-loss. I'm trying to get for this
  694. 30:38position. This is a really small scalp.
  695. 30:41A one to three. It's a good
  696. 30:43risk-to-reward, but it's a small scalp.
  697. 30:45So, how much profit can we get from the
  698. 30:48market? 1,200 here. I think I can also
  699. 30:53let it run a little bit. Let's see how
  700. 30:56this movement behave. This will be the
  701. 31:00complete recovery of the stop loss we
  702. 31:02took. So I think I will
  703. 31:05get I will be okay with this position
  704. 31:07and maybe we get another position using
  705. 31:10part of this profit if we go down. The
  706. 31:13volume is conf confirming our narratives
  707. 31:17except for the sellers but we are still
  708. 31:20pushing
  709. 31:21hard. Check the precision on the entry
  710. 31:24guys. This is what you can do with
  711. 31:26volumes.
  712. 31:28getting the last tick up. Why? Because
  713. 31:30it was protected from the volume. So I
  714. 31:33can already go break even on this
  715. 31:35position in some
  716. 31:38minute. We are still pushing. We are
  717. 31:41almost to
  718. 31:43target. We are almost top to zero. One
  719. 31:46tick up. And now we just need to be
  720. 31:50patient. Sell pressure is going really
  721. 31:53insanely high. Look at the sellers. The
  722. 31:57cumulative volume delta they're really
  723. 32:02pushing the market is not showing any
  724. 32:05kind of buy aggression just
  725. 32:08collapsing credible collapse of the
  726. 32:11market. We are almost to take profit. It
  727. 32:14was a not even a 5 minutes one to three
  728. 32:18risk-to-reward. Let's see if we have a
  729. 32:21reversal here. We are already risk-
  730. 32:24free.
  731. 32:29Now if we get a breakout of the sell
  732. 32:33candle that created this movement. As
  733. 32:35you can see we have here this bulk of
  734. 32:39sell volume that is trying to hold the
  735. 32:41price. As you can see we have an
  736. 32:43exhaustion. We are trying to hold the
  737. 32:45buy volume up. If this level hold and we
  738. 32:50break again low we can consider another
  739. 32:52position short.
  740. 32:5815 second to the close of the candle. 1
  741. 33:00minute. So, we took a really fast one to
  742. 33:04three risk to
  743. 33:07Ooh, look at this.
  744. 33:12That's a pretty sniper zone. This This
  745. 33:14was a one to
  746. 33:16six. How much? One,
  747. 33:19two in not even 10 minutes. Now guys, I
  748. 33:22took a lower risk on the second
  749. 33:24position. I took only $500. And not only
  750. 33:27I recovered the loss, but I got also
  751. 33:30profit on this one. I think we will stop
  752. 33:32for the day because we are
  753. 33:34going to the end of the session. And I
  754. 33:38want you to study how the price is in
  755. 33:43the relationship to volume. Now I will
  756. 33:46just stop trading because I have a live
  757. 33:49session. And with this other amazing
  758. 33:50trade, we closed. The trading day was
  759. 33:52over. This is how a real professional
  760. 33:54trades the market. In this channel, my
  761. 33:55mission is to bring you real qualified
  762. 33:58professionals and advanced trading
  763. 34:00knowledge you normally don't found
  764. 34:01around in the retail space. So, if you
  765. 34:03like these videos, if you appreciate it
  766. 34:04and you want to see more of this, do
  767. 34:06subscribe to the channel and leave a
  768. 34:07like to this video. Give also a check to
  769. 34:09Fabio's YouTube channel where he where
  770. 34:11he's starting to release a lot of
  771. 34:12valuable stuff. And I will see you in
  772. 34:14the next video. Now off.

About this transcript

This page contains the full transcript of I Traded with a Professional Scalper by Andrea Cimi, generated from the public captions YouTube serves with the video. The transcript has 5,422 words across 772 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to choose a caption track available on the video.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, caption language selection, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.