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Writer's pictureAnthony Speciale

Failed Rally Attempts At Overnight Session Highs

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Hey Trader,


Pursue Peace in Every Trade


In the world of trading, it can be easy to get caught up in stress and competition. But the wisdom of Scripture reminds us to always seek peace and choose the right path.


Psalm 34:14

As you navigate the market, may this verse inspire you to make decisions rooted in integrity and to seek peace, both in your trading journey and beyond.


Be Relentless In Pursuit Of The Will Which God Has Set Upon Your Heart,

Anthony Speciale





Failed Rally Attempts At Overnight Session Highs


Today’s market session came off the back of substantial overnight rallies across broad markets, most likely spurred by global reactions to recent interest rate cuts.


While these moves are exciting, they didn’t translate into the most favorable intraday trading conditions this morning.


However, that didn’t stop me from placing three trades—two of which resulted in gains and one that ended in a loss.


In this blog post, we’ll break down the reasoning behind these trades and what retail traders can learn from the process.


Overnight Market Reaction to Interest Rate Cuts


The market’s reaction to the interest rate cuts was notable, with significant rallies happening during the overnight session.


These broad moves were exciting to witness, but when I approached the market this morning, I found that the trending momentum had cooled off.


This is something all traders need to be aware of—big overnight moves don’t always guarantee clean trends during regular trading hours.


As a retail trader, this is a reminder that while large market events can create opportunities, they also often result in choppy or sideways conditions afterward.



My Trade Setup: One Loss, Two Gains


Today, I took three trades.


I’ll walk you through the process I used for each one, discussing how I handled the entries, exits, stops, and profits, and the lessons that came from them.


Trade 1: The Loss



Not every trade works out, and that’s okay—it’s part of the game. My first trade this morning was the one that didn’t go my way.


Upon entry, the market gave some initial positive signs, but it quickly turned against me.


As the price action unfolded, it became clear that my initial analysis wasn’t aligning with the live market behavior.



The key takeaway here is that losses are inevitable, but sticking to your plan and cutting losses early ensures that one bad trade doesn’t derail your entire day.


For retail traders, it’s essential to accept that losses are part of trading and not to let emotions lead you to hold onto losing trades longer than necessary.


Trade 2: The First Gain



The second trade was much more aligned with the market conditions.


After assessing the price action post-loss, I noticed a setup that better fit the shifting market momentum.


Using the evidence provided by the market—volume data and price structure—I entered a long position.


I managed my stop closely, ensuring I was protected in case the market turned against me again. Fortunately, the trade moved in my favor.


I monitored the price action carefully, adjusting my expectations as new information came in, and eventually, I took profits at a predetermined level that aligned with my trade plan.


For retail traders, this trade serves as a great reminder to stick to your plan and not give up after one loss.


By staying disciplined and looking for high-probability setups, you can recover from a setback and move forward with confidence.


Trade 3: The Second Gain



The third and final trade also resulted in a gain, although the market was becoming more sluggish by this time.


I identified a setup where the price seemed poised to make another move higher.


The key to this trade was patience—I waited for the market to show clear evidence before entering. Once it did, I took the opportunity.


This trade didn’t move as quickly as I anticipated, so I managed it with extra caution.


I adjusted my stop and took profits once the price reached a critical resistance level.


As always, I let the market tell me when to exit, rather than guessing or hoping for a larger move.



Retail traders should wait for the market to provide clear setups before jumping in. Don’t rush your trades, and always manage your risk.


Lessons Learned and Takeaways for Retail Traders


Today’s session underscored some important trading principles:


  1. Market Conditions Can Shift Rapidly: Just because there’s been an overnight rally doesn’t mean you’ll see clean trends during the day. Always assess the market in real-time and adjust your strategy accordingly.


  2. Cut Losses Early: My first trade didn’t go as planned, but I followed my strategy and took the loss quickly. Letting a losing trade run unchecked can eat into your profits for the day. Always manage your risk.


  3. Stay Disciplined: Even after taking a loss, I stayed focused and found two more high-probability setups. Trading isn’t about winning every trade—it’s about staying consistent and disciplined.


  4. Patience Pays Off: My third trade moved slower than expected, but because I waited for the right setup and managed it carefully, it resulted in a profit. Retail traders should always be patient and wait for the market to present clear opportunities.


Reviewing the Trade Process


For those interested in diving deeper into the specifics of today’s trades, I’ve linked the charts and trade images in this blog post.


You’ll be able to see exactly where I entered, why I entered, how I managed my stop-losses, and where I took profits.



This detailed breakdown is especially beneficial for retail traders looking to improve their analysis and trade management skills.


Final Thoughts


Today’s market provided some interesting opportunities despite a lack of clear intraday trends.


By sticking to my plan and managing my trades carefully, I ended the day with two wins and one loss.


For retail traders, the key takeaway is that consistency and discipline are more important than individual wins or losses.


By following your strategy and managing risk effectively, you can navigate even the most uncertain markets successfully.


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



Anthony and Anna Speciale

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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