Scalping Strategies | Scalping with the Order Book Part 2

[00:04] Runet trade.ru website welcomes you and this is the second part of the video dedicated to trading on the glass in this video I want to share with you a breakout strategy using the glass in the last video

[00:21] I talked about how to work from density How to enter into trades from density If you are interested, you can see the annotations on the screen or by the link in the description in this video I will tell you how, on the contrary, when eating, to

[00:37] enter into a breakout how breakout how this strategy, here we have the price was heading somewhere, let's say

[00:54] we have the price was heading somewhere, let's say up from the opposite field or under pressure from the Bear, it went down Yes, suppose then again at

[01:09] this price people decided to buy the price hit this level again went down then again, let's say, hit this level and then here we have the level line Yes, then breaking

[01:34] forming a false breakout, go down altogether breaking these levels Yes, lower ones, that is, a bunch of different scenarios, but we are considering a false breakout, that is, well, how most traders

[01:50] trade they they like everyday they they like everyday life uve ito here who doesn't look into the glass yes And you need to look into the glass

[02:05] here we have, for example, the glass of Sberbank Yes and what do we see in it We Yes and what do we see in it We see in it an order, for example, 1000 shares for sale, this is the glass we are not trading futures but we are looking at the glass of

[02:22] spot yes, that is, the shares themselves Yes, we are not looking at the glass of futures but at the glass of shares this is important glass of shares this is important Here, for example, we have 1000 shares

[02:36] Here, for example, we have 1000 shares for sale 3,000 shares for sale 70,000 shares for sale here we look more closely yes, that is, then there are small orders again And here too, small orders, that is, here there

[02:50] is one large order Yes and suppose here we have a level that cannot be broken, just 72 Yes, the price here is Sberbank 72 so Pardon 72 72

[03:06] rubles So now, to make it look better, we will do it like this Draw it again that is, here we have the price

[03:24] was moving and now it is approaching the level at the level we have like I already said

[03:39] And at what point should we enter Yes If we don’t look at the glass If we look at the glass, then we see an application for 70,000 shares Yes, we

[03:51] see Yeah, and most likely it was this application that was holding back, that is, a application that was holding back, that is, a large player is standing here, we see him, this is not always necessary to remember that sometimes applications are not reflected in

[04:05] not reflected in the glass There are such phantom applications for just large banks, large funds, large players, very large ones, use such methods to place applications so that they are not visible and ordinary ordinary ones

[04:22] they are not visible and ordinary ordinary ones

[04:34] in front of them would constantly be a bunch, a bunch, a bunch of applications Yes, everyone would play from the density, as I told you in the last video, trading from density That’s how everything would be, therefore, not always, but sometimes some careless large

[04:50] players Well, or they don’t care Yes, absolutely for whatever large application and then we look, for example, as in the last video, it would be possible

[05:06] for example, as in the last video, it would be possible Try to play on a rebound Yes, how to trade on I told you about the rebound from the density in the last video, but in the last video, but in this video, how exactly about the breakout, that

[05:22] is, we should see that this order is starting to be eaten, that is, it should be gradually chopped up with a knife, not gradually. And it is desirable that the faster this order is eaten. Yes, if they are hitting it, hitting it, hitting it, hitting it, hitting it for a

[05:40] n’t eat it, then most likely you need to get on the rebound from the density. And the price will go down, but if the order is very dynamically

[05:52] down, but if the order is very dynamically we have. And look, here people are short. Yes, someone opened shorts when the price was going

[06:08] someone opened shorts when the price was going down. Yes, and here we have down. Yes, and here we have happens when this order is eaten, 70,000

[06:22] stop-losses start working, stop-losses are not visible in the glass, stop-losses are not visible in the glass, you will not determine them, but we start to as soon as this one is eaten.

[06:43] Stop losses start working and the price shoots up. Yes, after the level is broken, the price shoots up at the stop loss. The price rises due to the triggered, if the trade was previously opened as a

[06:59] short, they start working as a long, that is, Ah, I see. They sell long at the market, longs start working at the market, and we have a shot up.

[07:11] start working at the market, and we have a shot up. Shot up. And what's the problem with entering without a glass, if you don't look at the glass, yes, you don't have a glass, you just see. Yeah, it's at the bottom of the level, but you don't know. Well, for sure, it will

[07:27] break through or not. You need to make sure you see at least the tail. And some kind of yes, here, like this, so that it passes, and here you enter. Let 's say you want to enter, but what's the problem? Usually, this happens dynamically, that is,

[07:42] very quickly. Stop losses are triggered, enter in advance, then you will have a bad price. That is, you, you, you look. Yeah, everything has

[07:55] broken the level. Let's click buy or sell at the market. See if you enter the limit. Yes, you can exit at a good price, but it's not a fact that simply not have time to work it out because some large stop-loss will trigger and

[08:09] you will be thrown up. Well, not you, but the price will be thrown up and your limit order that you left will remain below. And you simply won't have time to

[08:21] below. And you simply won't have time to enter the market. Yes, and here, if you work on the market, then Well, you enter on the market, click everything, buy on the market, again, the price suddenly works out and you buy somewhere around here. And they

[08:34] buy somewhere around here. And they think, damn, the hall is here, the stop is here, damn, what take should I take? Well, that means you will have to take the take according to the system, you need to put it here, and the price claps. Yes, let's say you set it here, and the price claps doesn't reach.

[08:49] set it here, and the price claps doesn't reach. And so, and you, and you are already there, your

[09:01] risk will be disproportionate to the profit. Yes, that is, all this is profit. Yes, that is, all this is not ineffective. How to enter effectively, you need to look in the order book, you always need to look at the order book. If you

[09:15] see a large order in the order book and you see that it is dynamically They're eating it up, yes, that is, it's see that it is dynamically They're eating it up, yes, that is, it's that there's demand, there's demand, there's eating, eating, eating,

[09:30] given order, Well, let 's say, Well, 20 percent remains, that is, here, 70 thousand remain, yes, you're left, yes,

[09:44] then you're already entering the market, you're already entering it, you haven't had time yet, just the breakout itself hasn't happened yet. Yes, get out, basically, VMP.

[10:01] buy, little by little, people are starting to buy, Well, because they are starting to buy, Well, because they see a breakout, because it works. This is kind of a faster, they see that the price. Everyone wants to jump on the bandwagon, thereby

[10:14] driving the price up even faster, and the price just suddenly flies out to make money, and those who entered early to enter to determine whether there

[10:26] will be a breakout or not are making money on them. That is, you see that a major player is standing, who previously held the level, that the purchasing power is so

[10:38] that the purchasing power is so great that it has been lived through and the market goes up, yes, that is, you enter in advance when approximately 10% of the total mass remains. Yes, shares that were at this price.

[10:55] Yes, shares that were at this price. You see what's left there. 5000 right at the last moment when they break through, they break through, they give you an approximate estimate of the speed and at the right moment enter by placing a short stop loss,

[11:09] for example. Well, according to some patterns or at some level somewhere, a short stop loss is placed here and watch the price in any somewhere here, the price goes. Let's say it doesn't even

[11:24] go straight to your take profit but makes this a this a mirror level. Yes, it tries the level here again, people come in and buy. Yes, those who didn't have time to jump. You

[11:38] can also buy more if a mirror level occurs because a mirror level is a pretty good pattern. Yes, everyone talks about it, everyone uses a simple pattern, everyone knows about it, but Priest has a

[12:07] risk, a small stop loss, that's all. That is, you entered. And the price rebounded and went, even if it immediately flew out, let's say it flew out here, then your take profit is taken again, that is, enter

[12:23] before the crowd. If you see that here we have large orders, they are broken through, there is nothing left of them, then most likely the level will be broken. And since the level If it's

[12:35] broken, you need to take advantage of it in advance and need to take advantage of it in advance and enter on time.

[12:47] Cheremushkin, and I'll immediately say who wrote it. Yes, he explains everything in about the same way. You can watch his video and

[12:59] use only futures on Sberbank and Gazprom because index futures don't work like that. Well, I don't know for sure, I won't vouch for him, but

[13:11] Well, I don't know for sure, I won't vouch for him, but I basically believe him. Well, that's Well, about this, at the

[13:27] take advantage of the fact that we have a spill, let's say these orders were eaten up, the price went up, plowing them

[13:39] were eaten up, the price went up, plowing them in the glass, you did all this, you saw, and here, after that, strong orders were formed to buy again, that is, here you are already at the mirror level. Just like I said

[13:51] in the last video, you can get enough of it. Let's say here, let's us, before this, these large orders held the price. Yes, the price went down from

[14:06] large orders held the price. Yes, the price went down from them, beating off, but in the end, people still decided to buy at this price. We have a spill of these orders, the price is with us. jumped out and went to retest yes, that is, look here we had small orders before

[14:21] Yes, no one wanted to buy and here before the rest If you see that the price is approaching the level again, you need to look in the glass Is it worth entering the level How to determine whether it is worth it or not Here large orders can appear Yes And now from

[14:35] these large orders as from density well, as I again told in the last lesson and go further according to the and go further according to the market yes or a limit order That

[14:49] is, you look Yeah, they are slowly somehow given away, they don’t really want that is Everything you can get up you will again have a short stop-loss or buy more yes, you just put the stop-loss behind the density there you will have two or three points yes, that is, an

[15:03] absolutely short p stop-loss but at the same time an absolutely large profit potential

[15:15] thought of for some reason Well, I didn’t think of it I didn’t want to talk about it In this video I wanted a video about mirror levels but I’ll still about mirror levels but I’ll still tell you

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