Three traders break down real-time scalping trades during the New York session, featuring scalpers Fabio Valentini and Carmine Rosato. They show how to risk $600 for a $2,000 target, use trailing stops, and hunt for edges in low-liquidity zones where NASDAQ volatility creates opportunities.
Now this kind of setup, I'm making $2,000 risking $600, so I will trail my stop loss because this one can get to a $3,000, $4,000 position. Those are my best setups, especially for continuation.
Like you said, I don't know if today's really a continuation type of session, but engaging in this cage, it's really a suicide for a scalper.
Are we gonna today?
I don't know, let's see. We have two world-class scalpers, Fabio Valentini and Carmine Rosato.
For the first time ever, we have two hyper-profitable traders who both trade order flow, trading live the New York session, putting my Risk at zero with this absorption of the top was really smart because I would never give $1,000 to the market without a reason.
I won't take anything under 2:1, but majority of my trades are 4:1, 3.5:1. Really depends on my entry and my target.
I think it's smart what you are doing. You are waiting for the cage to be clean so you have really clean price action.
I rarely move my target because— In this special episode on Chart Fanatics, you will see their step-by-step process and inside the mind in real time, their decision-making when it's time to step in and execute. I like trading where there's not a lot of liquidity because that is where, in my opinion, a lot of the edge comes from.
I agree. So this goes to show you two different positions. We have the same analysis of this moving up, you taking it because of the volatility on the NASDAQ, and you not putting any influence on the previous structure that I have. Because NASDAQ is usually a driver, because it's less liquid.
But how to manage a trade, when to take a step back, and understanding most of all market conditions. All this and more only for the first time on Chart Fanatics.
The volume is really low for the session, so I'm lowering the sensibility of the big trades to 40. That's interesting. You do that? I, I never do this in New York session, but, uh,
