This content is a scalping trading lesson by Andrew Aziz, demonstrating how to leverage market liquidity and price action, specifically using the "Market Atlas" tool, to identify profitable entry and exit points for day trading, exemplified by trades in Nvidia (NVDA) and Tesla (TSLA).
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I'm Andrew Aziz, the author of How to
Day Trade for a Living. I recorded my
live trading action to show you the
reality what it really looks like to day
trade with proper risk management.
This is my scalping trading lesson. I'm
putting everything I know about price
action trading and scalping all together
in this 15-minute video. First, you will
learn how to read market liquidity,
which is a crucial skill in day trading.
Then we will watch my live trading
recording together to go over my actual
scalping entry and exit strategies.
[music] Give this video a free like if
you are ready to learn. You can use the
comment section to ask me any question
about your trading. I'd love to share my
experience in any way I can. Today
Nvidia and Tesla for a really nice
profit both of them just one trade. I
want to show you what I saw and then I
actually record the live trading for you
as well. So NVDA was gapping up today
because uh yesterday semiconductors were
gapping up because of the Taiwan
semiconductor and yesterday was a good
day and then today was also gapping up
and then we had this daily charts that I
was uh watching uh to essentially going
toward this uh 191 192. So I was really
hoping to get uh toward those areas. The
trade that we did was from the VWAP
opening range breakout from 189 to 190.
It's very similar to Tesla as well. So
we did the long open range breakout, you
know, all the way up to 447. So we want
to show you exactly what we saw, you
know, really start seeing these moves
up, especially these levels that we had.
As you know, I'm using market atlas and
market atlas. Right now the market is
closed. I'm doing the recap, but market
atlas in very simple word is showing you
the liquidity of the market where the
liquidity stays. Um the orders that are
staying on the top of the price. This is
the price right right now. And the
orders above are asks
essentially sellers. The orders that are
below are the buyers. So they call them
the beat. And there we're getting this
directly from the NASDAQ exchange. So
they call them level two depth of
market. Same for futures, fair, same for
stocks. So anything that is down there,
they're buyers. Anything that is up
there, they're sellers. And the price
usually goes toward the big orders and
big liquidity. So when there's a big
seller, the price usually goes toward
that big seller. I know it's very
counterintuitive. A lot of people are
asking me that Andrew, if it's a big
seller, shouldn't the price goes down?
Uh but if you think about it is that
this is a really big seller like almost 1890,000
1890,000
shares sitting around 190. Um again, the
market is right now is in post market.
So it's um you know, during the market
hours would be very different. And I
have the recording to show it to you. If
this guy was desperate, they would have
uh pressed the market order and pushed
the price lower, but this guy is not
desperate or you know, one or two uh
sellers, they're staying up there
because they know the price comes to
them. So there are like veils that, you
know, they absorb the price toward them
like, you know, singularity in black
holes or something like that. I know
it's very counterintuitive, but
essentially these are the sellers that
they really want to uh get higher price.
So they're not desperate. So it's like a
bull market in housing market. You're
asking price if you want to sell your
house, it's going higher and higher and
higher because you're expecting price
comes to you. Same as buyers. If there
are these buyers or desperate buyers,
they would buy it anyways and they push
to go higher. But when they're low
bidding here, so you see the orders down
here means that they're expecting the
price come down to them. That's why you
know for example in you know in a
financial crash in uh you know in 2008
if you want to you know buy a house you
don't go multiple offer on a house you
send your beat you know lower and lower
and lower to get that but what is
happening at the open is very important
looking at this is really important for
scalping shortterm is extremely
important again what I focus in day
trading is uh on the price action on the
shares but Brian took the same trade
that I did here you know obviously from
441 to 447 7 $6 move you can take this
uh trade with the call option as well.
So if you go through the TSL or call
option you can get like five six% move
uh easily on on these moves but the
fundamentals of understanding the price
action is the same you know
understanding how to read the price
action is uh remains the same. Tesla
really opened very strong
and uh I went long. I put a stop loss
just below this VWAP and I was hoping to
get to 444 and 445 and again the levels
confirmed on the market at for me as
well. It did break the high of the day.
I added more. I brought my average
somehow around 442
and when it went up I partial and it
come down I got stopped out. It you know
kind of tested the VWAP. never really
got to the VWAP and then it squeezed
back up and it was really unfortunate
that I wasn't in this uh trade. So
Nvidia same thing. So Nvidia also came
above the VWAP. So did a 1 minute 20
range break up. I didn't take that trade
came back up and then I saw a really big
order on market at 190. So I went long I
added more stay above the VWAP. So when
I went long I stop put a stop loss
somewhere around here kind of did drop
uh I was getting ready to really got out
but it came back up. I added more and as
you see we got a really nice move up
here. came back, I added more and then I
got another move out of it and then I
added one last time but it turned out to
be really not enough momentum to go you
know continue going higher and I got to
stop that break even. So yeah, before
the market opens, this is like few
minutes before the market open. Let me
go a little bit fast pace. I go to two
times of speed. These big orders before
the market open. And this is the NVDA.
So we're almost uh 1 minute to the open.
And I saw that the huge orders of Nvidia
sitting here. So that's something that I
really um you know caught my attention.
So this is the orders of at 190 Nvidia
is ready. Again, it's 30 seconds to the
open. as you see you know popped up
volume is picking up and again Nvidia is
gapping up 1% right now so it's pretty
nice so again the thought process in the
pre-market for me is that now it caught
my attention I switched back to Nvidia
AMD for uh market outlas this is AMD
want to see what's going to happen but I
still had the Nvidia in my chart and now
it um you know because at the open you
don't know you really want to um you
know start moving around I check Riot here
here
see what's happening
didn't like it. Went to Tesla price
action. Now Tesla price action. This is
really interesting. So now I see this
huge volume surge is coming. So I really
like that. And then I quickly went to
market after Tesla and I saw this big
order 440 to50 standing here. So I'm
going to wait for 1 minute and then okay
1 minute drop and then that I said okay
this is the area that I I should enter
because now I can put a stop loss here.
there is order at 443 and 444 is there
and then maybe this is the area that I
should uh really enter. So I was really
debating looking at it. So again uh this
is two times faster as normal I say okay
this is this is a good uh
risk-to-reward. So if I go there and I
put a stop loss somewhere around here
that is a fairly good stop loss and
potentially I can go to 443 and 444. Um
um now we're watching um so a little bit
disappointed because I was hoping to get
the in but it still is good because as
soon as we came back to the VWAP uh you
know we bounced back again I'm adjusting
my market atlas to make sure that these
orders are there's not enough big orders
down here. So this is really really
important and I went long and as well so
that was the Tesla. So again I took two
positions because I saw Nvidia is
showing the same uh pattern. It's some
really big orders standing up there and
then some uh opportunity for opening
range breakout and again my eyes is
always here that these big orders are
there and then the price action showing
that this is above the VWAP. VWAP is the
blue line and then okay now I see with
Tesla is again the orders are up there
444 is going up nicely didn't stop me
out and maybe it's worth adding because
I'm now pretty confident that it's going
to go to 444 and then it popped up to
445. So the order is actually going up
means that people are expecting the
price goes toward there. So now very big
size four 5,000 shares here sitting up
there and you know again I'm very
confident that the price is going to go
to 4445
and at the same time exactly I took the
trade on Nvidia as well because very
similar pattern you know you're above
the VWAP the stock is gapping up and um
you know if you switch to 5m minute you
see 5 minutes is very bullish again you
know we are in the first uh still in the
first 5 minutes and then you see this
level that we had yesterday high 44
again we have and then the bigger one is
at 445. Here is good to start partially
again. I had a big size and I started
partially here at 444. Uh quickly switch
to Nvidia. See what's Nvidia doing.
Nvidia same thing, you know, big order
stacking up at 190. There's not a lot of
order down here. That's a good sign.
Looking at faster again. Nvidia is going
up. Breaking order. Look at that. Oops
stacking up here at 320,000 shares. 190.
I start partially for the break of 190
as you see here. Um again, this is a two
times speed. Uh and that's that's
exactly my thought process. Now you know
5 minute turned out to be a really nice
5m minute range breakout and again very
important to see how the uh market atlas
is um uh really moving in that area. So
as you see just continuing doing that
and again now I switch back to Tesla 444
got filled and then it dropped and I got
a stop out actually here. So it did uh
444 I checked the daily chart quickly
came down I got a stop out. It could I
could have gone back long in there. the
Brian did, but because I added, you
know, and I partially got stopped out at
the break even, but you could, you know,
sometimes in this false breakouts, you
could actually go back long again as well.
well.
And yeah, so as you see guys, uh, you
know, very simple two trades exactly the
same condition with very important uh
tool that we build at Burbble Traders
and is market atlas. So with the help of
market atlas, you can easily really find
these levels. This visual is very
powerful, very nice. And as soon as the
price action again, this is a Tesla
again. I didn't take that trade and this
is I'm regretting because, you know, I
went long, I added, I got you part
stopped out at the break even, but it's
just ripping toward the 445 that we
together uh saw in the pre-market.
$10,000 day, just 5 minute, 10 minutes
if you have the capital. And even even
if you don't have the capital, guys, you
know, with the funded accounts, with
everything that we, you know, build for
you, you can just do this trade. I
really want you to uh learn this. It's
so simple. And one of the reasons that I
stopped doing recaps is just everything
is just repetition. It's just so simple
this pattern that we're doing. Uh and
again, I'm you know getting out more on
NVDA. You see the order at 191 uh
sitting there. So uh see the whole order
is huge up there. So there's not much
going on down here, but there's a big
order going down. So hoping to get to
191 and could have been probably good
place to add in that. Um so so simple
guys. So again, it's just going up. You
buy Okay. And you know, Nvidia is $189.
You can trade NVDL, you can trade, you
know, NVDA options. Uh there's so many
ways that you can actually use leverage
uh to make a lot of money on this. If
you like this uh recap, guys, make sure
to check us uh in chat room in the
community and trading terminal. All the
tools that we're using, simulator and
fun accounts, and is available at your
disposal, guys. Thanks for watching and
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