Hey Trader,
Abundance Awaits Those Who Trust in Him
In both life and trading, trusting in God's provision brings peace and prosperity.
His blessings are stored up for those who seek refuge in Him.
As you pursue your goals in the market, remember that God’s abundance is greater than any challenge.
Take refuge in Him, and know that your success is in His hands!
Be Relentless In Pursuit Of The Will Which God Has Set Upon Your Heart,
Anthony Speciale
$15.4K No News Monday -
Shorting Crude Oil @ VWAP Consolidation Through Prior Lows
In the world of intraday trading, success is often a result of calculated decisions, detailed analysis, and a clear understanding of market behavior.
Today, we’ll walk through a prime example of how meticulous planning, paired with live analysis, can yield impressive results, such as the $15,000+ net move I experienced with crude oil futures this morning.
The Power of Live Analysis
During a recent LIVE session in the analysis room, I identified a solid opportunity in the crude oil market. At 8:10 AM, I shared my observations with my clients, drawing attention to a key level that was holding firm.
I highlighted that if the market respected this level, we would likely see a push lower.
Sure enough, the market aligned perfectly with our expectations, driving the price down through critical levels.
Step-by-Step Breakdown of the Trade
Here’s how the trade unfolded:
Initial Setup: I identified a solid resistance level at $68.48 on the chart. Based on my analysis, I determined that a break below this level could lead to a larger move downward. With confidence in my setup, I entered a short position with 30 contracts at $68.48.
Profit Targets: As the market moved in our favor, I strategically took profits in three stages:
First, I covered 10 contracts at $68.10.
Next, I covered another 10 contracts as the price hit $68.00.
Finally, I closed out the remaining 10 contracts at $67.80, reaching my predetermined target.
Outcome: This calculated move, backed by solid analysis and discipline, resulted in over $15,000 in profit.
The Importance of a Structured Trading Approach
One of the core lessons from this trade is that successful trading is not about luck or random decisions. It’s about having a structured approach and sticking to it.
Every action I took—whether entering the trade, taking profits, or setting targets—was based on evidence provided by the market.
There are no guarantees in trading, but by analyzing the market thoroughly and taking calculated risks, we can tilt the odds in our favor.
Key Takeaways for Retail Traders
Here are some key insights retail traders can take away from this trade:
Live Analysis Matters: Being able to identify key levels and share that analysis in real-time is crucial. If you’re following along in a live analysis room, you can catch these moves as they unfold.
Risk Management Is Key: Throughout the trade, I protected my position by taking profits at calculated intervals. This ensures that if the market turns, you’ve already locked in some gains.
Stick to Your Plan: Trading isn’t about emotion or impulse. Each of my decisions during this trade was guided by my analysis and my plan. Having a solid strategy in place before entering a trade is essential for long-term success.
Calculated Exits: Randomly taking profits or exiting trades can be detrimental. Always exit based on clear evidence and analysis, ensuring you maximize potential gains while minimizing risk.
This morning’s move was a textbook example of how a well-thought-out strategy, paired with live analysis and disciplined execution, can lead to significant profits.
But remember, not every trade will work out as perfectly as this one did. That’s why it’s essential to remain patient, wait for clear signals, and always manage your risk.
If you’d like to learn more or watch the full breakdown of this trade, I’ve recorded the trade for you. You’ll see where I entered, how I managed, and where I took profits:
As always, I encourage you to keep learning, stay disciplined, and approach the market with respect.
Trading isn’t about entertainment or gambling; it’s about making calculated decisions based on solid evidence.
Stay informed, stay focused and stay disciplined ! ! !
Thank you for reading, and I look forward to seeing you in our next session . . .
God bless, and have a wonderful day!
If you have any questions or need further guidance, please don't hesitate . . . info@specialeanalysis.com May the markets be ever in your favor!
Happy Trading,
Speciale Analysis
About the Author:
Anthony Speciale is a seasoned market analyst with over 13 years of experience trading. Through his platform, Speciale Analysis, he offers in-depth market analysis, interpretation, and expectations designed to help all types of traders, at every skill levels reach their full potential.
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NOTE: Trading involves significant risk, and it's essential to approach it with a well-defined strategy and a disciplined mindset. This blog post is intended for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making an financial decisions. For further risk related information, please refer to: www.specialeanalysis.com/disclaimer
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