Day Trading Using Time and Sales || Supply and Demand

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This video is going to break down how I used the Time and Sales today to spot aggressive buyers in the market. I speculated that those buyers were looking to enter the market and price was going to rally to discover price at the closest supply zone above. This works in thick markets like the S&P 500.
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Option Trading, Real Estate, Robinhood, TD Ameritrade, ThinkorSwim, Crypto & bitcoin, Entrepreneurship, Forex, or fun daily vlogs. Please let me know.
Keywords: thinkorswim, options, options trading, td amertitrade, trading, carmine rosato, investitrade, stock trading, options, supply and demand, live trading, trade recap, level 2, time and sales, tape reading
#tstockmarket #daytrading #carminerosato

[@woodstud6652]

Hey Carmine I tried your scalping weekly options today and I have to thank you my friend it was a good morning trading today$800 in 30 minutes on 10 contracts 1 OTM with a.65 delta , hammered it brother. Thank you again for sharing your knowledge man,I'm a woodworker and I would like to make something for you, if you would like that let me know.im 54 and retired .

[@carmine_rosato]

Awesome I love hearing that. Message me on Instagram @investitrade or email me: [e-mail]

[@woodstud6652]

@@carmine_rosato absolutely will do my friend

[@daavioo]

I don't have the screen real-estate for bookmap, and I always come back to this video to refresh myself / study. #Investitrade much appreciated for keeping this up man.

[@casey5830]

Killer content!! Thank you good sir!

[@Will_Ramb0]

So for options it is better to look at the time & sales for whatever call or put you want to trade? Doesn't it make more sense to look at time & sales/level 2 for the underlying security of that option?

[@jackhasso4539]

love the video - thanks Carmine.

[@marknovanta]

Hi, I love the video. I’ve been learning a lot from it. Thank you so much for your work. I just have a question. I do use Interactive Brokers for trading futures. I know IB data feed is very bad and inaccurate.. do you think I should change broker? Is accurate time and sales important for day trading or could I trade even without it?? Thank you

[@sampan6814]

As always, awesome video by Car. Thanks for what you do for trading community

[@DrewHefner105]

Great video! Quick question, when you read the tape, are you reading the SPY tape or /ES tape? Thanks!

[@thegoldenboy294]

the 3,2,1 hour lines zones are from 3,2,1, hour times frames?

[@csmindset7066]

Is it better to use time and sales for day trading or level 2? Or are they both similar and its just a matter of prefrence?

[@rayboyet1932]

Thank you..

[@CrakrSmakr]

what does time refer to when you say 6 hour supply zone, one hour supply zone etc thanks

[@ticokoitel]

Thank you bro very helpful

[@patrickcallahan316]

incredible explanation. Si if the price hits the ask its agressive buyer and if it hits the bid its agressive seller, what happens when the price shows in between the bid and ask, what happens to liquidity/stock price? Flat?

[@yogauniverse628]

Are you looking at a chart or a certain option contract or at the SPY or SPX as an index?

[@i.g.7098]

What do you look for on the time and sales? Constant green? Less green than red? A huge green fill? And when do you pull the trigger?

[@mannyh9824]

Hella good explanation, question, if old supply doesn't become demand, what about in an uptrend? Doesn't old supply become an attractive price now therefore making it a new demand zone?

[@traderpooka8736]

ok i got a scenario ...price is in a demand zone..the stock is up 40% ...below vwap...what confirmation would i look for to go long?

[@jakeyxjakey1]

why are ask hits concerned sell orders if people buy the ask usually? or am i wrong? please help this has been a huge problem for me understanding the tape

[@carmine_rosato]

Buyer and seller to every transaction. Passive (limit) to sell on the ask is hit by an aggressive (market) order to buy

[@esperanzagarcia4360]

How do you put those supply and demand on your chart

[@stevek33]

great stuff again C ...thanx

[@carmine_rosato]

You got it Steven!! :)

[@Flyking81]

When you are watching Time and Sale, are you watching the underling equity or the options time and sale?

[@carmine_rosato]

The underlying equity

[@annrealdeal2494]

Awesome!

[@carmine_rosato]

Thanks!

[@nickboretz1774]

I use Time and Sales on a 1 minute chart for futures trading. What I love is when buys come in above the ask or there is action below the bid. I set ES T and S to only show me 10 completions or more and block trades are set at 80. Another thing I look at is..at the ask price for example..when the ask price starts to decline after a move. The view is still green..but the price gets lower. That often is a short indicator. And vice versa with the bid. Like I say to people..I don't know how you trade and support and resistance without knowing what is happening with T and S. You are flying blind, IMO.

[@executive7871]

This is very interesting! How did you learn to read the tape this way?

[@nickboretz1774]

@@executive7871 I happened on Top Dog Trading time and sales reading. That was the first clue. I just played with it for a long time, made my own conclusions from watching it

[@i.g.7098]

What do you look for on the time and sales? Constant green? Less green than red? A huge green fill? And when do you pull the trigger?

[@tmiles9747]

I just learned that 2 red 5 min candles in supply = new demand 💌 I'm gonna win a trade to take your course 😇

[@raven7068]

Wow what hater gave this video a thumbs down must have been an accident, this was an excellent video thank you very much. Let me know if you're ever in Southern California, I would like to trade the market for a week with a coach like you by my side. I need someone to slap my wrist when I'm about to hit the buy button at the wrong time lol.

[@carmine_rosato]

HAHA thank you!

[@nickboretz1774]

Here's the thing I've found by setting T and S too high for regular buys and sells. Let's say there's an ask..or a buy above ask at 50 contracts. You immediately think long..BUT..below the 50 is a ton of bid activity going on at 5, 10 contracts. You do not see those because of yr. setting.Suddenly yr. long position starts retreating. This is why I set the Ninja T and S at 10 max with blocks at 80. Actually I have gotten to the pt. where I really only pay attention to block orders unless I get a screen fill of smaller contract sizes. What do you think?

[@jaredjohnson4318]

Old supply does not become new demand. Is that the same as saying old resistance does not become new support? No change of polarity?

[@LifeSugar]

Hey Carmine, excellent and informative video, just a question: I know you say that old supply doesn't become new demand and vice versa, but isn't the 2hr supply became a new demand zone as shown in the video? Or am I getting this wrong. Anyway great video and thanks for sharing!

[@carmine_rosato]

Yes, we never really bid above the zone. So we held value inside/balanced inside supply, which is a bullish sign

[@raghavgupta677]

does this method works in small cap markets too?

[@LuisTorres700]

I don't understand what is "above ask trades" and "below bid trades"

[@foreverallovertheplace398]

Hello, newbie here. What is 1hr, 2hr and 3hr supply zone?

[@thegoldenboy294]

How come the price goes down when the ask is getting hit? isnt the opossite? as more traders/buyers hit the ask agressively, the price has to go up?

[@JK-nd1oo]

The price DID go up when the aggressive buyers came in hitting the ask, as he explains at the 6:30 mark. That candle he's referencing was a bearish red candle initially, and as those aggresive buyers came in they drove price to new highs, making that same candle close very bullish/green.

[@horaciobvalenzuela5098]

a question are you saying that level two is not better than time sales? and another question at level two or time sales do the hidden orders appear? Those orders that are not seen to be able to manipulate the price in some way?

[@hernandezbeast4810]

time and sales show you the actual trades executed

[@elonbrother2]

hi carmine how do you know is hitting the ask side? in the times and sales

[@carmine_rosato]

If the ticket of the order is on the ask... you can see it all from time and sales if you add bid and ask

[@Relive-Anime]

I literally can't see my T&S because it's just blank lol. So hopefully I can figure something out now

[@umbringmich1820]

Please make more videos on time&sale trading

[@olutoyin7602]

Can you explain how you determine supply and demand zone.

[@carmine_rosato]

They are from price imbalances on a chart. I have multiple videos on this on my channel

[@alialy8559]

Great video. Can you please incorporate reading the tape in your next live trading session?

[@carmine_rosato]

Yes, thanks for the suggestion Ali

[@JonnyW.]

Thanks Carmine. Great video. Updating my time and sales now. Why do you trade ES? Any benefit compared to single Stocks?

[@carmine_rosato]

I trade stocks as well. Infact, I trade SPY options but chart /ES as the underlying. Just works with my supply/demand strategy VERY WELL

[@JonnyW.]

Carmine Rosato thank you for the response. I have to learn how to trade spy. I’d be interested in a video of the pros and cons of trading it. Right now I mainly trade AMD because the theta is usually lower than the delta. Do you think that’s good or bad

[@electronicweasel9083]

i dont get it, i thought TOS prints green for mark and ask fills? cant you tell by those prints?

[@electronicweasel9083]

@Jack Davis it looked like he was using TOS in the video tho?

[@mannyh9824]

@@electronicweasel9083 the green and red doesn't represent that, he set it up so he can see which price printed, so he himself knows if it was on the ask or bid not because it's showing him

[@electronicweasel9083]

@@mannyh9824 I tried setting it up myself .and I'm still confused..so you have bid , price and ask.. an I looking at the price and seeing if it matched the ask? And if it were green or red doesnt really matter? ..When I was using metatrader 5 it had a market depth which was easier to understand.

[@mannyh9824]

Electronic Weasel ignore the greens and red that only shows green(higher than last price) red (lower than last price) ao that’s why he needs to see ask/bid because the green and red is useless essentially

[@electronicweasel9083]

@@mannyh9824 oh ok..same with equities. I generally watch the level 2 ..and the bids will turn green when that last ask price got shifted to bid..and when the ask goes red ita just the opposite (on TOD) . I guess thats what he meant. That doesnt work on emini .

[@gusbrahfernandez4125]

I just want verification. Td -ameritrade says I need a 125,000 no less limit in my account to do spreads/verticals. I’m able to do single options so I’m happy. But just wanted to verify the 125,000. Let me know Thanks you’re my main instructor. 🙏.

[@carmine_rosato]

Havent heard 125k. You just need to have a margin account to do spreads/verticals

[@pablotroche8205]

Hello Gus! I have 4k in one account with TD Think or Swim and I can do spreads. All you need is a margin account. Is it the $125000 requirement when you sell naked options maybe?

[@vegancheetahvlogs]

How did u figure out supply and demand zone? Were you taught or did you figure it out somehow on your own? Its fantastic. My trading has been so much better since learning about supply and demand zone.

[@JonnyW.]

I believe he did a video answering the question yesterday. Check it out. As well as the other videos on S&D. Hope this helps

[@raven7068]

Yes it's a great way to trade I've been trying my best to develop and eye to spot supply and demand, I've been improving little by little. I'm still trying to break my bad habit though lol.

[@vegancheetahvlogs]

@@raven7068 whats the bas habit? Holding losers?

[@raven7068]

@@vegancheetahvlogs Yup.....and getting in the market when I shouldn't have. 😳

[@hankday28]

You are a fucking beast bro! I truly APPRECIATE YOU! MAY YOU RECEIBE MANY BLESSING S MY MAN!

[@DiamondHandsDaveTrades]

Hey Carmine great videos man, can you explain to me or point to your video that explains the difference between supply/demand vs support/resistance? Thanks much bro

[@carmine_rosato]

Type in Carmine rosato support resistance vs supply demand. I have a video

[@DiamondHandsDaveTrades]

@@carmine_rosato I appreciate it thanks man!

[@kalinakochendzhieva3992]

I like your approach it is based on a lot of hard work and just want to say If I succeed to become consistant trader that know why ands when he is in winning or losing position I WOULD GIVE EVERYTHING for free to anyone that wants to know it . Please share everything that you Learned to FREE dont follow the money flow of the old style economy . Be Inovative as you are in your trading . I know it cost you time and money to get things out and ready , but it did to a lot of other traders too. At one time I thought I am the only one that stay overnight and all day long for an year trying to crack the markets but then realized there are a lot of other curiousity driven people out there that wants to know why this market works the way it dose . Money follow . It is really stupid to charge for water if you have plenty of it :) AAA and lets not forget GOD in the picture maybe he will see the good deed !!!

[@JustinMentionedIt]

6:58 I’m having a hard time believing they can’t ever buy when the market is going up bc it’s trillions of dollars worth maybe I’m just not grasping what you are meaning on that one

[@GregHohman]

It doesn’t appear, based on this vid, that a 3 hour or 1 hour is a stronger zone than a 10 minute zone?

[@hernandezbeast4810]

yes

[@rushenpatel7876]

Level 2 is impossible to read on ThinkOrSwim.

[@carmine_rosato]

TOS doesnt have the greatest depth as other platforms offer

[@allenc2289]

Will you share the Discord link?

[@carmine_rosato]

The discord is only available for members of InvestiTrade. Please visit investitrade.net

[@thejakester2209]

didnt even expain why he put the zones there

[@carmine_rosato]

They are based off price imbalances. Check out the other videos I have on this topic and you will get a better understanding!