YouTube Transcript:
I Traded with the World #1 Scalper

This handsome Italian guy is Fabio
Valentini, one of the best day traders
or scalpers in the world. He has proven
his trading skill in the most famous
trading competition in the world, the
Robins World Cup trading championships,
where in a single quarter his return was
69% in the first competition, then
almost 90% in a following competition,
then
218% in the following competition, and
then more than 160% in the latest
competition. with this track record of
more than 2,000 trades over 12 months,
but also a trader who's generated
multiple seven figures of generational
wealth from trading alone. So, I flew to
Dubai to spend a day with him and
recording his every move in the charts.
But when we decided to shoot this video,
I had no idea how much value he was
about to share. So, after a quick coffee
and a workout, we went to the Opus Tower
in the trading floor of Burn Scorpinsky
and start our trading session. We use
usually dynamic risk management. What
does it means? That I classify my setup
from A to C. A setup, B setup, C setup.
Not all the trades use the same risk. So
if I get, for example, a C setup, I will
risk €1,000,
maximum€1,500 as a stop loss of risk. If
I get a B setup, it can go maximum
€2,000. If I get a setup, that means
that all my confluence step in. I have
the most statistical hedge that I can
find in the market in the NASDAQ. So, I
will risk maximum 2,500 to 3,000. We
will use this risk management for today.
And uh we will try to build the profit
for the day to then increase the risk
during the day. So, we will start really
low and
chill. It seems to be starting to create
an A setup. What I want to see it's
absorption there and I already see that
the market is developing really good
because we have a bullish bias for the
day and we start to see that the market
is presenting some absorption here. So
the the sellers are pushing we are
reaching our um point of interest but I
want to see some kind of buyers to step
in on this level that right now is not
happening. We can only see the sellers
pushing. This is the benefit of order
flow. You can see all this aggression in
price. This for reference is the profile
footprint. It's not the bid and ask. So
because I want to see exactly what is
happening at each level and this is our
platform deep charts. So this is the
reason it's really important to have a
trigger that is giving you some kind of
edge in the level because this was an
area of interest that I will use for
searching for buy opportunities but the
buyers didn't step in at this level. So
I will just wait to see if there is some
kind of absorption here. But for the
moment we just wait. This is the most
important skill for a scalper.
What's potential accumulation area just
a level that I get from structure
because you need to start the day with a
narratives and here the narrative was
bullish but from this level it seems
that we are seeking continuation
cell. So this was my level of interest
to continue higher. But for how the
session is developing, we are not yet in
New York session. I think we can search
for one short opportunity when we will
get back to this level here. So again,
now it's a waiting game. Yeah. So even
the scalper needs to have a little bit
of patience.
This is the difference between a trader
that is finding an interesting area and
building a narrative out of it and wait
for the condition and the trader that
just put limit orders. If I put limit
orders directly here, I will get the
black color for reference. If I get
limit order only because this level is
interesting for me, I will get
liquidated in seconds.
Usually I don't trade pre-market open
because I want to have a clear bias. But
from what I can see here, the market is
developing short. So I will for the day
I will target this low. I will wait for
my opportunity to this low here. I will
wait for my opportunity to step in at
the right moment because right now it's
really bad positioning of the the short.
I need to have a little bit of premium
and I don't mean premium in the concept
of premium and discount of ICT. I mean
premium based on volume. So if we get
the profile distribution of the starting
of the session and we go here we can see
that the chunk of volume the value area
it's here. So I will just be patient
enough to wait to reach one level that
is interesting for me and from here
search for short opportunities. Again
when we reach this level it will not be
an execution. It will be a potential
area to seek short position because we
are in alignment with higher time frame.
The price is going exactly start the
retracement from here and is going
exactly here. The only thing that is not
in my trading model is that we are
before the opening of the New York
session. So you will lower your risk. I
will lower my risk. I will only use
€1,000 for this position. Let's check.
We are we reach 196 and we are starting
to absorb. How do you know we're
starting to absorb? I see from the
candle behavior after watching the
charts a lot. you start to see the
relation of price and volume because I
always use trading view and volume
analysis platform. So I already know
that if I go here I will see some
aggression that is being absorbed. You
can see aggression that is being
absorbed. This means those are trapped
buyers. Those are trapped buyers. And uh
uh now the trap buyers is the least
profitable setup that I have
unfortunately because the most
profitable setup I have is momentum. So
in trapped buyers you are going
contrarian to the trend and it's really
risky. As you can see the price is
starting to go against us again. So I
just want to see the sellers stepping in
and I also use a lot of cumulative
volume delta at the moment. As you can
see there is no sell side aggression.
just can see the price up and up and up
and up. You see, if someone takes a
trade on trumpet trap buyers, it will be
a
stop. This is the reason I want to play
it safe considering that I'm also
outside my trading hours. So, I will
just wait for the sellers to show some
kind of interest. Interest. Yes. And as
you can
see, price is not stopping
again. Price is going high.
I think one good sell position that we
can get from
here is exactly from this level. This
refinement of my area. If I see sellers
stepping in here, I will try to short.
But I need to see buyers starting to
remove their feet from the gas.
Again, this is about patience. Now we
already saved three stop loss using
order flow. Three stop loss that could
have been taken only using price
action or we're not taking I'm thinking
about loading my first position. It will
be really low
risk. We will start with two contracts.
No, I just put it there. Then I move it
just to to be faster in
execution. I didn't open anything yet
because there is this
that something alike. We are ready for
the first
position. It's only €600 of stop- loss.
So, we are going really conservative on
the first
one. And this look at the sellers. So, I
have a total risk
of €1,000 for the
position. We will fragment the orders.
Yes, I fragment the orders. One here,
one here to get a better average
positioning. And we will just cover
ourself
here. It's small profit, but we need to
start somewhere.
I will target this low for the first
one. It's only
€300. No, I will not target this low. I
will target this
area. This is the kind of momentum trade
that uh I usually took with the highest
win rate. It's around 50% win rate, but
the riskto-reward is really good. Now we
didn't got the perfect execution because
to get the perfect execution we need to
see a little bit of retracement another
distribution and then the drop down and
this is what I hope will happen. I
prefer to take a stop loss that to get a
better execution. I think we had a
retracement. Yes, we are filled on two
position. This anyway this is a B setup
but it's considered a C setup only
because it's outside my trading hours.
So maybe the win rate for this is around
40%. So checking from the order flow, we
can see that the buyer starts still
pushing and taking back the position and
I cover my stop loss above
this level. This is the level that it's
holding the aggression of the sellers
and also the cumulative delta for the
first time is showing a little bit of
sellers aggression. So the price was
about to go here, here, here and down.
And we actually got here, here, here,
and down. That's some experience right
there. I want to point out that this is
not a prop firm account. It's real
money. It's the first time for me
trading out of the world trading cup of
course, but with other people in the
room because I'm used to put the
headphone music and I have a little bit
of ADHD. So adding voices around being
recorded is stressing the out of
me. But it's a good experience. We need
to check order flow. You see why order
flow? is useful because you can exactly
see who is winning the battle. What I
want to see is that the price will try
to go up again, get rejected and see
some kind of acceleration through the
target, explosive moves really fast. And
this is because the sellers will finally
step in. And what I'm seeing from the
order flow, I'm pretty sure it's another
distribution. It's a redistribution
phase. Why I can say confidently this?
because I see that the cumulative volume
delta is not having a followup. So the
sellers are what do you mean follow up?
a follow up in uh uh long follow up in
upside more yeah resulting price like
this is the concept that I took from
volume spread analysis and uh um if you
don't see a follow up on the cumulative
volume delta on price it's a dis
discrepancy is right yeah yeah discrep
discrepancy exactly yes we are seeing
some kind of aggression I expect more
aggression and acceleration on this one
[Laughter]
pretty accurate. Pretty accurate. Okay.
So, uh the price follow up exactly on
the narrative that I built for the sell
position. Now, I didn't went only to
lower my stop loss. I went break even
because I'm not liking at all what the
price is doing here. And exactly, we are
seeing buyers aggression. So if I break
again this level or if I reach this
level again, I will lower even. I will
go in a stopping profit because I don't
like this pattern. I saw this 1,000
times and when I see this pattern, I go
break even. So I don't want to be
against me, but you need also to be
really objective and not only see your
vision. What is happening here? Let's go
on the order flow and let's create some
narratives. As you can see, the sellers
are trying to push, but they are not
having a follow-up. So, the price will
likely retrace higher and higher. I want
to see some aggression. You see how much
they are trying to push, but they are
they are still here. So, if we reach
again this level, my stop loss will go
here. I need to be protected. I'm
already zero risk on this position. So,
again, we are pushing. I will be really
conservative on this position because I
need to build the profit for the day. So
we are already risk- free but I feel
more confident if we reach this
level again to go risk not risk- free
but stopping profit and I think the best
level to protect my profit is above here
but we need to go back because now let's
check the volume what is happening here
buyers are taking
over lot of efforts on the sell side and
buyers ers are retracing and retracing
and they will take this high. I am
pretty sure about this and now the
buyers took this level as I told this is
one kind of distribution that I notice
in NASDAQ for redistribution phase as
you can see now after this I'm pretty
sure that we will try to recover the
level so we will see some kind of
aggression cell this will be the first
moment where we see sellers pushing the
price down and it will be a really
explosive move let's check here the
explosion you mentioned they reached the
level. They went really near the level.
Let's check the
volume. They had a really big explosion
with low effort. So, this is a good sign
for the
sellers. One position that can also be
taken in this kind of environment is
waiting for the closure of this candle
and covering above this high. I know
it's not a really big risk-to-reward,
but it's 1 to2.7.
So the candle closed here, still valid.
So it's $85 of risk for a reward of
almost 300. So it's a really profitable
setup this
one. And I'm taking this setup with zero
risk. No, it's stopping profit. So it's
it's good buy imbalance in a sell
aggression. It's a really good
confirmation. This is another sensible
level that we have. We are pushing. We
are going. So this was like potential
second entry there. Yeah. And uh it get
confirmed. We are already stopping
profit and we'll just let it run. So we
reached the level that I told you that
is enough to bring our stop loss to
break even from this level that we
checked before that was the bull volume.
Let me check from the price what we are
doing. We are still so one good exercise
that I can advise to anyone is using the
profile for the area that you are
charting. What happened here? We went
outside of the value
but we have a failed option. So the
price didn't accepted lower lower value.
So we are still not in trending. We just
broke out of this level and we are
revisiting the value area. And at this
moment if we want to see some sell
aggression the only level where we can
see sell aggression is the value area.
So this is our last
protection point of the trade. And what
I want to see here I still didn't check
the volume analysis platform but what I
really want to see here is trapped
buyers. Because when you have a a a good
reversal you have trapped buyers. At
this moment, as you can see, huge buy
volume buyers on the top of the of the
candle, no follow up, really good delta
on the top. So, they are still, as I
told you, we are in a consolidation
phase, but we are protected. This is why
the skill of understanding where to put
your stop loss is so important
in scalping. Now,
the analysis is always the same. Again
if this level gets
broken we again cover ourself here and
we get small part of profit. We follow
the market and we get small profit out
of the market as it moves. So if we are
proven wrong on this trade even if the
market explodes up we still have some
profit and we can compound this profit
for the next position. We can use this
profit that we made to open position
risk free in the next trade. This is
really important as a sculper because if
you want to have a really low draw down,
you need to use this profits again to
build the position. This is called
position building and it's what all the
good sculpers that I know are doing. Uh
also to lower the emotional the
emotional pressure during the day
because this for example now why we are
relaxed. We are relaxed because in the
worst case scenario we make 400 no $300
in the worst case scenario. And this is
really good to do when we go around 2 or
2:30 3:30 Italian time because it's a
European time because the market start
to get really aggressive and it's not
good to scalp. It's not good to scalp at
this time. So what I usually do, I wait
for the 330 shake out of the market and
then I start my session. Let's give a
check to the volume. Some kind of
effort. Result is zero. So buyers took
the upper end again. Here we
go. I think we got liquidated on
this. So we made like
$280. Remember that if the candle is
still developing, you can still see a a
really fast absorption on it. So you
need to be ready. You need to mark your
level where you want to see price
getting back inside
value before executing. For example,
here it's pretty impossible that we will
see an absorption in the candle because
buyers are taking the position. Now,
where we got out of the position
here with stopping profits. So, we saved
us all this stop-loss that was
unnecessary. This is why you need to
follow up on the position. And in
sculping it's really time consuming
because you have to be in tune with the
market. You cannot just go away. Let me
remove also the take profit. Okay.
Now let's go again. What we are seeing
right now is that the price
at the really important field the
auction here on this level that is still
holding. So my narrative is shifting.
Now I want to target this high and I
want to see from volume after this
breakout if I have a good level to put
back my buy position at this time
because I don't want to be right. I want
to be
with the right pressure in the market. I
want to be where the market is most
likely to go. I don't care about being
right. If I care about being right, I
will take the most
uh amount of uh monetary risk on this
trade just to say, okay, if it reverse
here, I'm still in profit. But it's not
what we do as scalpers. We need to
change our opinion really fast. And this
is the reason you need to keep your ego
low. You cannot marry your trades
clearly visible from the pressure that
the market is really aggressive on the
on the buy. Look really aggressive. So
it makes no sense to try another sell.
This is what a lot of price action
trader takes wrong. Oh, I got my stop
loss gets taken here. I will try again
to short. Okay, maybe sometimes it can
work. But what is volume telling you?
The volume is telling you that the
buyers are really aggressive on the
upside. So my probability of taking
another stop-loss or stopping profit if
I go sell is really high. The market is
not balanced at this moment. The buyers
are really
aggressive. So my idea for the day is
developing and my idea for the day
shifted from sell to buy at this moment.
So what will I do? What is my blueprint
for the opening of the session? This
time I will just wait for the price to
revisit the accumulation area. And my
accumulation area is pretty easy to
understand is this one. Why? Because the
price was trying to break out of this
area for a lot of time but it didn't add
a follow through. So we are reaching
again. Let's check the
volume. We exactly tested the breakout
level and
different world. Yeah. But what is
important is that we are
using not different kind of data because
if you think about what is the
commitment of trader report it's actual
positioning what I'm checking actual
position actual execution and what we
see here is not small execution this
execution was huge on NASDAQ this one
and the delta on the level so just if
you the longer the bar the higher the
I'm curious why would you not see like
something like a high here when it comes
back up here when it break it like this
pivot and you look look at the
time 2130 okay it was deep night in
United Arab Emirates so it's out of my
trading hours I usually trade New York
session and all the afternoon kept on
going like this with him calling in
front of my eyes every single market
movement freaking nuts he's not even
used to trading the London session and
he was still able to call most of market
movements and capitalize on them. But
before we documented some of his trade
during the New York session, he had to
go for an interview at the Titans of
Tomorrow podcast, one of the biggest
trading podcasts in the scene, which I
strongly recommend you watch it.
Together with the other podcast I've
released on this channel, where he's
given even more trading insights that
you really don't want to miss. After
that, it was time to go back home and
close the day scalping the last part of
the New York session. Now, it's really
interesting one reversal setup that is
developing. And right now I'm just
checking the behavior of the sellers on
this level because I can see clearly a
situation of exhaustion in the volume
and the price is trying to auction down
and we are in a long-term demand 15
minutes demand but as you can see the
price is pushing really hard from the
behavior of aggressive sellers but we
are not having a followup. So I think if
we can break down this high I'm waiting
I can search for a end of session
reversal to take this high and it's a
really good uh risk-to-reward ratio but
I just need to some time to wait that to
see some aggressive buyers with a good
follow up on the the volume side. We are
outside now because uh this view is
really inspiring. It's the yacht club of
Marina and uh it's a really calm area.
There is no a lot of noises outside so
you can just chill, work. Now in United
Arab Emirates there is the perfect
weather. It's 25° so I really love this
kind of uh uh period of the year because
it's great because if you have a setup,
if you have a statistical edge, you just
need to wait. Look at the stop- loss.
They almost kissed them. Kiss it. But
the point is that the trapid sellers are
protecting my stop loss at the moment.
We are still in a consolidation. As you
can see, no breakout long, no breakout
short for the moment. But I expect some
kind of long acceleration on the price.
Let's see some kind of explosion at the
close of this candle.
We can almost go to stop to break even
maybe but I see still not a lot of
confirmation. We are floating
1,00 1 1,1 100 200 and we see some kind
of really good
movement. Price is pushing to the
target. It should be around
$2,000. Target reached on the on the
order flow part. I was a little bit
greedy from the the charts trying to get
the upper part of the profile
distribution. I will
just see. But you need to consider that
this is the first time exactly the first
time we see buy aggression in all the
session. So we took exactly the end of
reversal
setup.
Now maybe it's time to trail the stop
loss to profits. But I still see a lot
of aggression buyers. So I don't want to
to close it yet. I use a lot volume. If
volume is still pushing high, as I can
see from the cumulative volume delta,
I'm holding the position. I want to see
what the sellers will will
show some good
retracements and failed auction from the
sellers part. This is the trap sellers.
So if this candle close like this and we
have trapped sellers, we will again push
high and is my confirmation to go stop
in profits, not even stop loss to to
break
even. Let's see what they
do. Anyway guys, this is our platform.
We worked a lot to bring this platform.
This is a web platform. It's really
convenient to you and this is kind of
proprietary study that we are doing on
the platform that is helping scalpers to
get a real statistical advantage on the
market. The sellers are having a follow
through. We are back to break even on
the position and now we want to see if
the sellers will win the battle or if
the buyers will win the
battle. Again, super aggression of the
sellers. I think this time we take the
stop loss. The sellers are pushing with
all the power that they have. We got
liquidated on this position for a loss
of
$850. And we just need to check if the
buyers are again taking control of this
because this is a failed breakout
breakout. So if you get absorption from
the price, we can try the last setup of
the day that it's a 1,000 risk position
again with a one to two one to three
risk to reward to close uh in profits
and uh uh we need a follow through from
the the price. So we will just need to
wait for the scandal to close and we see
a completion of the auction. This
completion of the auction is showing a
huge strength from sellers. So we leave
the ego at home and we take a short
position. Follow this is a trend
following position with a stop loss
above the auction. Right. I need to put
let me remove the
position. I need to
put a two contract risk because stop
loss is too high. Let me calculate it
really fast. So 1,200 it's
okay. Let's see if we got filled on the
position.
[Music]
So the seller as you can see what we are
trying to understand is who is winning
the battle at this moment the seller
again are showing a huge amount of
strength even if it's the closing of the
session. So this was a really uncommon
session because it's really hard to see
an explosion and a continuation for all
the day in the direction of the trend.
The setup was correct. Unfortunately we
didn't got filled on the short after the
breakout. This is what usually is called
from price action trader the um price
imbalance. I think we will revisit again
this price. And what I use usually on
this is the VWAP. You can use from like
platform like trading view or you can
use from a professional platform. The
important part is that we go back to the
fair value. We want to short from the
fair value. So, we'll just have a little
bit of patience to get this momentum
short because we are protected from
what? We are protected from this huge
wall of orders that won the battle. So,
we want to be in at this moment and we
want to be in with the strong sellers.
But I don't want to be in from discount
price. I want to at least retrace a
little bit. Go back inside the fair
value. And to to do this you can also
use the profile. So if you get the
profile of the session as you can see
can also stay here. I want to stay short
from fair value the value area low.
Sorry value area low again. Buyers
trying to stop
in. I think we will target for
$2,500. If we can get back up. Let's see
if we get filled. The reason I'm
searching for this position is because
we have what's a wall here. We have a
wall here. As you can see, the buyers
are trying their best. I will cover
myself with really small incredible
small
stop-loss. I'm trying to get for this
position. This is a really small scalp.
A one to three. It's a good
risk-to-reward, but it's a small scalp.
So, how much profit can we get from the
market? 1,200 here. I think I can also
let it run a little bit. Let's see how
this movement behave. This will be the
complete recovery of the stop loss we
took. So I think I will
get I will be okay with this position
and maybe we get another position using
part of this profit if we go down. The
volume is conf confirming our narratives
except for the sellers but we are still
pushing
hard. Check the precision on the entry
guys. This is what you can do with
volumes.
getting the last tick up. Why? Because
it was protected from the volume. So I
can already go break even on this
position in some
minute. We are still pushing. We are
almost to
target. We are almost top to zero. One
tick up. And now we just need to be
patient. Sell pressure is going really
insanely high. Look at the sellers. The
cumulative volume delta they're really
pushing the market is not showing any
kind of buy aggression just
collapsing credible collapse of the
market. We are almost to take profit. It
was a not even a 5 minutes one to three
risk-to-reward. Let's see if we have a
reversal here. We are already risk-
free.
Now if we get a breakout of the sell
candle that created this movement. As
you can see we have here this bulk of
sell volume that is trying to hold the
price. As you can see we have an
exhaustion. We are trying to hold the
buy volume up. If this level hold and we
break again low we can consider another
position short.
15 second to the close of the candle. 1
minute. So, we took a really fast one to
three risk to
Ooh, look at this.
That's a pretty sniper zone. This This
was a one to
six. How much? One,
two in not even 10 minutes. Now guys, I
took a lower risk on the second
position. I took only $500. And not only
I recovered the loss, but I got also
profit on this one. I think we will stop
for the day because we are
going to the end of the session. And I
want you to study how the price is in
the relationship to volume. Now I will
just stop trading because I have a live
session. And with this other amazing
trade, we closed. The trading day was
over. This is how a real professional
trades the market. In this channel, my
mission is to bring you real qualified
professionals and advanced trading
knowledge you normally don't found
around in the retail space. So, if you
like these videos, if you appreciate it
and you want to see more of this, do
subscribe to the channel and leave a
like to this video. Give also a check to
Fabio's YouTube channel where he where
he's starting to release a lot of
valuable stuff. And I will see you in
the next video. Now off.