I've been trading breakouts for about a year and my success rate has sucked and I haven't been growing my account the way I want to. 2 weeks studying supply and demand and price action, and I'm a new trader. I can't thank you enough. I can't believe you don't have a million subscribers!
3 bar play is what I call Same thing also applies to the downside. Nice big red candle following green candle and 3rd candle is the entry on the break of High of the 2nd candle Great illustration 👌 👍
Bro I take trades like that on the ES and I am always in the money! This is very true the way you explained it! I love the fact that you are a price action guy!
A few days since I have had switched from margin to cash and the results have improved a chunk. That along with your lessons = a better trader one day at a time. Thank you!
@@theshininghaze784 I switched because being limited to 3 day trades didn't allow me to flow with the market. For example if I made a trade and it didn't go my way, my fear would increase and lead to clouding my judgment because I would have 2 trades left to make up for the first. This caused me to make conclusions from a trade by trade perspective rather than a series of trades. Removing this barrier improved my trading because now I can test the flow with no disturbance, thus making it easier to tap into the market
Excellent info, your teaching is pure and honest. I learned more about option trading from you than 20 hours of stung from others, they teach how to remain as clueless sheep. Thank You
Hello there it seems that I may be the oldest viewer for ur channel I am a senior citizen who got interested in day trading esp options scalping for now it is overwhelming but I have just found ur channel and start watching many videos and I do hit a like button for each one I am old and not a techy guy but I am determined to learn I envy ur intelligence and keep up ur great work I have just signed up with instagram to follow u I am looking forward to watching more great contents from your youtube Warm aloha from Hawaii MAHALO
Hey Carmine just had a quick question, when you scalp in trades like these on a friday, do you buy contracts that expire on Friday or the following week expiration? Thanks.
The following week. Monday through wedsnday is the current weeks options, and Thursday and Friday is the next week's options. He made a video about it but I don't remember the exact title
Great info! Appreciate it when you show us how the trade develops (even if it is recorded) this way we can see what you are actually going to do and not what has happened. More like that would be great as it puts us in a real-time scenario and how to take the trade or not.
Hey Carmine, I've heard you say it before but could you tell me where you trade options contracts on a Friday? I believe you usually lookout to the following (next) Friday right? today's Friday expiration contracts were barely making any movements at all. thanks
Thanks for the great videos. Super informative and helpful. What's your tip to finding these setups before they happen? Is there a way you scan or setup alerts?
Great video... this is def new insights for me. Question- if a stock consolidates into the close and then gaps UP at the open next day... would the prior days consolidation zone become a new demand zone? Thank you 🙏 😀
Love your content, are you able to compare options vs stocks if have a small account and need to grow account quickly? I get the leverage with options...but what us the downside?? Could you explain, as otherwise don’t understand why people trade stocks?? And not just use options if day trading in and out in a matter of minutes...can you help
Thank you for the great video with many lesson points. I love the Bullish engulfing pattern, it is as you said very powerful setup. Question: Do you monitor your options chart on a 15min time frame or do you vary through time frames? I typically use the Day, 1hr and 1min charts for 1-3 days max. Unless its $LL
Great video! I have the worst executions in TOS at that time of the morning due to high volume/platform lag. 1. Do you use this strategy only at the open (first 30 minutes) 2. and if so, do you market in or limit in? (thru AT) thanks!
Carmine, great videos and counsel, man... keep them coming. I trade with a cash account, as I prefer not to contend with margin issues. Any recommended changes based on this approach vice how you trade? Thanx in advance.
how do you tell when they are coming do you just watch and wait in the morning or do you watch before the market opens , and also does this happen very often where you get the sandwich candle sticks
Do you also trdae options with other strategies at the open? If so, could please make another video on those strategies too (especially how to trade at the open where there is a gap up or gap down.
I know you’re a big supply demand guy. You should try just watching the levels at options strikes prices. So for example every $5 increment on /ES. If the first candle to touch a level doesn’t close above or below the $5 level it won’t break and will reverse. If first candle to touch closes over that level it will continue to to next $5 level and that’s your target. Trust me. It’s crazy. Just take a look.
@@porscheonly9705 I just took a look on what you said and it does not seem to be the case as you mentioned. Is there a specific timeframe you watch ? Like a 5 min candle or 1 min or anything else ?
Grateful Trader I mainly trade BA every day. Shoot me an email I’ll show you what I mean...skibjabali@aol.com. This is not a troll attempt. I never put my email online but figured I would as I like sharing what I know.
@@carmine_rosato well the three bar play is a very popular saying for pro traders! strange you do not know that! Do you have any experience from a hedge fund or institute? or are you another copy of a copy?
Having a trading plan is essential for every trader. Trading with Mrs Monroe's trading platform and understanding its unique premise could help you formulate better your own trading plan for the currency markets.
My favorite scalping strategy. And yes it def has a high probability! Very well explained, as usual!
Glad you liked it!
I've been trading breakouts for about a year and my success rate has sucked and I haven't been growing my account the way I want to. 2 weeks studying supply and demand and price action, and I'm a new trader. I can't thank you enough. I can't believe you don't have a million subscribers!
Thank you ! 🙏🏽
3 bar play is what I call
Same thing also applies to the downside.
Nice big red candle following green candle and 3rd candle is the entry on the break of High of the 2nd candle
Great illustration 👌 👍
Yup !! Nice name for it
Bro I take trades like that on the ES and I am always in the money! This is very true the way you explained it! I love the fact that you are a price action guy!
ES? Explain please
@@rgabeatz5225 S&p futures market Aka ES
A few days since I have had switched from margin to cash and the results have improved a chunk. That along with your lessons = a better trader one day at a time. Thank you!
Hey, why did you switch to cash? How did it improve your trading?
@@theshininghaze784 I switched because being limited to 3 day trades didn't allow me to flow with the market. For example if I made a trade and it didn't go my way, my fear would increase and lead to clouding my judgment because I would have 2 trades left to make up for the first. This caused me to make conclusions from a trade by trade perspective rather than a series of trades. Removing this barrier improved my trading because now I can test the flow with no disturbance, thus making it easier to tap into the market
@@ceasarrosales1063 Ah, so you're trading with a small account that's under the PDT rule, in that case using a cash account is very understandable
@@theshininghaze784 Correct 👍🏼
This is only the 2nd of your vids I've ever seen. I'm impressed. You're good.
Thank you.
Excellent info, your teaching is pure and honest. I learned more about option trading from you than 20 hours of stung from others, they teach how to remain as clueless sheep. Thank You
Carmine. This is an excellent and straightforward lesson. Question: Have you had success on the short side using the opposite setup?
Thanks for the strategy, very helpful for beginners who are still learning like me in the nfc community.
Hello there it seems that I may be the oldest viewer for ur channel I am a senior citizen who got interested in day trading esp options scalping for now it is overwhelming but I have just found ur channel and start watching many videos and I do hit a like button for each one I am old and not a techy guy but I am determined to learn I envy ur intelligence and keep up ur great work I have just signed up with instagram to follow u I am looking forward to watching more great contents from your youtube Warm aloha from Hawaii MAHALO
Hey Carmine just had a quick question, when you scalp in trades like these on a friday, do you buy contracts that expire on Friday or the following week expiration? Thanks.
The following week. Monday through wedsnday is the current weeks options, and Thursday and Friday is the next week's options. He made a video about it but I don't remember the exact title
if scalping, I will play currently week
Great video. Thanks as always Carmine. Almost seems like an first 15 mins of the bell type trade.
Majority of the time, its at the open since most volatility. But it can happen at anytime !
Great info! Appreciate it when you show us how the trade develops (even if it is recorded) this way we can see what you are actually going to do and not what has happened. More like that would be great as it puts us in a real-time scenario and how to take the trade or not.
Are you trading Odte ATM? Please advise
Very interesting and informative. Can’t wait to try it!
Hope you like it!
Hey Carmine, I've heard you say it before but could you tell me where you trade options contracts on a Friday? I believe you usually lookout to the following (next) Friday right? today's Friday expiration contracts were barely making any movements at all. thanks
Yes following week
Carmine Rosato thanks for the reply! I should’ve specified for scalping purposes but I’m assuming your answer remains the same. Keep up the great work
Can you share what platform are you trading from (the application)?
Yes - Thanks Carmine for opening my eyes regarding Supply & Demand zones. God's grace. Eph 2:8-9
Great strategy! will give it a try. Thanks for sharing
Thanks for the great videos. Super informative and helpful. What's your tip to finding these setups before they happen? Is there a way you scan or setup alerts?
Hi does the same pattern work when a stock is going short? Does it still base out?
do you use this to trade the open?
Very well explained!! Learned a lot!!
Glad you liked it
Great video... this is def new insights for me. Question- if a stock consolidates into the close and then gaps UP at the open next day... would the prior days consolidation zone become a new demand zone? Thank you 🙏 😀
Yes it will ! Nice
Love your content, are you able to compare options vs stocks if have a small account and need to grow account quickly? I get the leverage with options...but what us the downside?? Could you explain, as otherwise don’t understand why people trade stocks?? And not just use options if day trading in and out in a matter of minutes...can you help
if you want to get this to about 95%, the first green candle should break local resistance
can't wait for monday.. :)
Thank you for the great video with many lesson points. I love the Bullish engulfing pattern, it is as you said very powerful setup. Question: Do you monitor your options chart on a 15min time frame or do you vary through time frames? I typically use the Day, 1hr and 1min charts for 1-3 days max. Unless its $LL
Trade on 15m and 5m. Chart on all others. I have a timeframe video
Hi! does this setup only works on the market open?
Thanks again bless you... am using your lessons to make me a better trader i pray you make lots of money....
Appreciate that !!
do u wait for the 3rd 5 min candle to close,to enter?
Thanks Carmine, great video. Does this also work in a downtrend?
If I was buying the stock I am guessing that the same strategy would work, correct?
Great video! I have the worst executions in TOS at that time of the morning due to high volume/platform lag. 1. Do you use this strategy only at the open (first 30 minutes) 2. and if so, do you market in or limit in? (thru AT) thanks!
Happens all through the day. Strong moves usually occur at the open. If spreads are tight, i usually limit at the ask
@@carmine_rosato What if the spreads are not tight like TSLA & AMZN?
Carmine, great videos and counsel, man... keep them coming. I trade with a cash account, as I prefer not to contend with margin issues. Any recommended changes based on this approach vice how you trade? Thanx in advance.
I would recommend cash account
Have you had more accuracy on the 5min than on 1min?
Thank you very much you are a great teacher
Do you use this strategy only on the 5 min chart??
Similar to the strat theory only without FTC and broadening formation
are you also making sure there's no supply zone too close to the red candle?
Amazing video. Thanks for sharing your knowledge!
Glad it was helpful!
man you video is very good and informative,continue posting.
Thanks, will do!
Great video. What drawing tool and app do you use ✍🏻?
Thinkorswim !
do you buy and sell market in real time do? i hear bad things about selling market and buying market
Do you use stock or options for this strategy, or both? I thought I heard you say options at one point in the video
Really well explained!
Awesome! Thanks jay
Nice Video Carmine. Do you have any live scanner to find these kind of setup?
Can you apply this to futures?
how do you tell when they are coming do you just watch and wait in the morning or do you watch before the market opens , and also does this happen very often where you get the sandwich candle sticks
If I see it forming in real-time, I get ready to pull the trigger and buy
Basically it's inside candle strategy
What stocks do you mostly look to trade with Supply and Demand trading strategy?
Do you use this strategy only in demand zones? Or do you use it in supply zones too?
Hey Carmine, quick question. Do you always buy market or do you do limit?
Both. Depends on the situation. I have an order type video
Always great analysis. Thanks.
Appreciated!
Thanks for this video. Very informative. 👍👍👍
How often do you spot a trade like this?
Thanks. Really appreciate it.
:)
Do you also trdae options with other strategies at the open? If so, could please make another video on those strategies too (especially how to trade at the open where there is a gap up or gap down.
You do this all off the 5min candle's? Not 1 min?
Thank u 🙏 🙏will definitely be trying this
Awesome video! can you do the same video for the downward side?
Inside candle strategy
Great 👌 video! get Flow algo and get many more confirmation.
Yep ! we used cheddarflow in the discord room !
Nice video carmine
Learn a lot from this video thanks for sharing
good job pro
Keep going
Can you explain the volume
and how do you know the stock will get do the suuport and go up
higher volume, but no follow through is absorption. High volume, and follow through = new buying and trend can continue. Same on the flip side
Great videos!!!
Thanks!
does this trading strategy work only at 9:30 am EST open? Can this also work in the afternoon like 1pm-3pm eastern time.
It works anytime. Just make sure the first candle is a strong one !
Great video thank you for sharing! Wondering how I can sign up for your course or discord?
Thank you. Visit investitrade.net/course
This is inside candle strategy
Love your content 🔥🔥❤
Thank you Sanad !
Great vid bro
Thank you !
Carmine Rosato have you ever attempted this strategy with puts when the price is decreasing?
Have you ever considered posting live trades?
Yes, I post my setups and trades as they form in the discord room
I know you’re a big supply demand guy. You should try just watching the levels at options strikes prices. So for example every $5 increment on /ES. If the first candle to touch a level doesn’t close above or below the $5 level it won’t break and will reverse. If first candle to touch closes over that level it will continue to to next $5 level and that’s your target. Trust me. It’s crazy. Just take a look.
@@porscheonly9705 I just took a look on what you said and it does not seem to be the case as you mentioned. Is there a specific timeframe you watch ? Like a 5 min candle or 1 min or anything else ?
Grateful Trader I mainly trade BA every day. Shoot me an email I’ll show you what I mean...skibjabali@aol.com. This is not a troll attempt. I never put my email online but figured I would as I like sharing what I know.
Grateful Trader and the 1 minute works.
I call this the 3 bar play, aka bull flag
Carmine-thanks for the video. Is this similar to a 3 bar play? Your videos are very helpful.
Not sure what a three bar play is.. but we do use three candles!
Isnt this just the 3 bar play?
bull flag strategy that thing really works just make sure the catalyst is solid or it could be a fake out.
Isn't this the "3 bar play"?
That’s what someone else said.. I’ve never heard of that name before !
@@carmine_rosato so your new to trading?
?
@@carmine_rosato well the three bar play is a very popular saying for pro traders! strange you do not know that! Do you have any experience from a hedge fund or institute? or are you another copy of a copy?
@@carmine_rosato high probability? maybe you should look it up what that actually means.
If you see this comment, like the video :)
Awesome! Are you not looking at demand zones with this strategy?
I do. When it lines up with demand it’s 10x powerful
Merci.
:)
Isn't this also known as a 3 bar play?
This is basically a 5-min 3-Bar Play
this is called the 3 bar play
Gold
:)
awesome
good stuff
Oliver Velez calls this move an "RBI" (Red Bar Ignored).
Like it.
Dig it
💰💰💰💰💰💰
🔥🔥🔥
jarred wesley's three bar trade >:(
Can I join ur discord?
#thestrat
Been following u on Instagram. But your channel is by invite only. You have not excepted my friend request.
instagram.com/investitrade
My Instagram is public
So, 10 losers disliked thus vid...
Having a trading plan is essential for every trader. Trading with Mrs Monroe's trading platform and understanding its unique premise could help you formulate better your own trading plan for the currency markets.
So basically a bullflag 👍🏽
Carmine is the goat