Hey Trader,
Embracing Compassion and Grace in Your Trading Journey
As you continue to navigate the dynamic world of trading, I wanted to share a verse that highlights the boundless compassion and grace available to us:
"For the Lord your God is gracious and compassionate. He will not turn his face from you if you return to him."
2 Chronicles 30:9b
In the high-pressure and often unpredictable trading environment, it's easy to feel overwhelmed or disheartened by setbacks. This verse reminds us of the unwavering grace and compassion that we can always return to. No matter the challenges or missteps, there is always an opportunity for renewal and support.
Let this verse inspire you to approach your trading journey with a sense of grace and resilience. Know that you are not alone and that there is always a compassionate presence ready to guide and support you. Embrace this assurance to navigate the ups and downs of the market with confidence and peace.
Wishing you compassion, grace, and success in all your trading endeavors!
Be Relentless In Pursuit Of The Will
Which God Has Set Upon Your Heart,
Anthony Speciale
Daily LIVE Futures Analysis Room Recap + My Personal Trades: 7/26/24
Anthony here with Speciale Analysis. I hope you're having a fantastic day!
Today, I want to walk you through a trade I executed this morning in the Crude Oil futures market.
Understanding the Market Context
This morning started with a fair bit of volatility across the indices and gold, primarily due to the economic numbers released at 8:30 AM.
We’re still waiting for more data at 10:00 AM, but so far, Crude Oil has been the highlight of the day.
The Setup: Crude Oil Futures
At 6:40 AM, I identified a potential short opportunity on the 5-minute chart of WTI Light Sweet Crude Oil futures. While the market wasn't quite ready to drop like I was hoping for, I was still able to accumulate $2,300 in partial profit taking and in the profitable stop outs.
I had an overall good week, I stopped trading and just focused on guiding my clients.
Here’s a detailed look at the SUPPLY ZONE that was formed that I shorted from...
Order Flow: The footprint chart and order flow analysis further supported the short trade, showing significant resistance at the identified level. ⬇
Trade Execution Based On: Analysis, Interpretation & Expectations
I shared my insights with my clients LIVE at 8:00 AM, emphasizing the importance of the $78.08 level. I mentioned that if we couldn't see a candle close above this level, the market was likely to push lower, targeting $77.80 and $77.60, which were key liquidity zones and higher timeframe supports. Followed by: ⬇ $77.15, $77.00, $76.50 & 76.25 ⬇
By identifying key levels and understanding the underlying market dynamics, I was able to execute and manage the trade effectively through analysis, interpretation & expectations.
Stay tuned for updates, and if anything significant happens later today, I'll update the blog post. Enjoy your weekend, and I'll see you on Monday!
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.
Analysis, Interpretation & Expectations
Day, Swing & Position Trade Analysis
Daily LIVE Market & Orderflow Analysis
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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