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Hey Trader,
Finding Strength in Humility
In the fast-paced world of trading, it's easy to feel the pressure to always have it all figured out.
Yet, true strength often comes in humility—acknowledging that we don’t have all the answers but trusting in the One who does.
This verse reminds us that when we approach life with a humble heart, recognizing our need for God, we open ourselves to His endless wisdom and provision.
Keep striving forward, but never forget to rely on His grace as you navigate the markets.
Stay encouraged, and keep the faith!
Be Relentless In Pursuit Of The Will Which God Has Set Upon Your Heart,
Anthony Speciale
Identified LIVE: $4,050 PROFIT By Trading Through VWAP's Into Pivot
Welcome to the recap of our Monday, September 23rd LIVE analysis session.
The market conditions have been choppy across the board, reflecting a broader uncertainty in various asset classes.
However, for retail traders focused on crude oil, today provided an excellent example of how to capitalize on market movements—especially during sell-offs.
In this post, we’ll break down the key trade setups, risk management strategies, and overall market conditions we encountered today.
While the broader market made a statement of hesitation, crude oil was the standout performer, providing traders with a clear, controlled sell-off to navigate.
Crude Oil: A Day of Missed Opportunities and Lessons Learned
Let’s get right to it: Today’s crude oil session provided a beautiful ride to the downside—a move that many traders dream of.
Unfortunately, I wasn’t able to take full advantage of this opportunity as I had a scheduled doctor's appointment and had to step away from my trading desk.
But that’s life, and the market won’t wait for us.
That said, I did manage to execute one trade earlier in the day.
The setup came from a push to the downside before we saw a brief reversal.
As the market broke through a key level, I captured some profit but didn’t see the full follow-through I was hoping for.
I tightened my stop to protect against losses, and while I got stopped out, it was still in profit.
This situation underlines a key point for traders: Even when you miss the big move, protecting your capital and securing small wins is essential.
Understanding the Sell-Off and Trade Setup
Early in the session, crude oil began showing signs of weakness.
We had a clear support level that was retested, and the market failed to push higher.
Once that level gave way, the sell-off gained momentum. My target for the move was around 70.70, and the market didn’t disappoint.
As we approached that level, the market faced rejection before resuming its downward trend.
When we broke through this key level around 11:00 AM, I noted to my fellow traders that the next targets were 70.40 and, potentially, as low as 69.40.
This type of calculated move offers great opportunities for retail traders to step in with defined risk and manage their trades effectively.
The market action was smooth, with each new low providing a chance to lock in profits or move stops accordingly.
Risk Management: Protecting Your Profits
One of the most important lessons from today is the importance of risk management.
In any market, especially during a controlled sell-off like we saw in crude oil, paying yourself along the way and protecting your profits is crucial.
As traders, we often focus too much on catching the entire move, but there’s no shame in taking partial profits as the market unfolds.
As crude oil continued to push lower, advancing stops and locking in gains allowed me to minimize risk while still capitalizing on the broader move.
This disciplined approach ensures that, even when you miss the bulk of a move (as I did by stepping away), you’re still walking away with profit in hand.
For retail traders, understanding when to take partial profits and adjust your stop loss as the market moves in your favor is key to long-term success.
The Bigger Picture: Broader Market Choppiness
While crude oil provided a clear trading opportunity, the broader market was much less forgiving.
After some lackluster 9:45 AM economic numbers, we didn’t see much significant movement.
The market remained choppy, reflecting uncertainty that’s likely been building from last week’s interest rate decisions.
This choppiness can be dangerous for retail traders, as it creates indecision and often leads to getting caught on the wrong side of trades.
In these conditions, it’s critical to be patient and wait for clear trade setups—just like the one we saw in crude oil.
Wrapping It Up: Lessons for Retail Traders
Today’s session underscores several important principles that every retail trader should keep in mind:
Stick to Your Trade Plan: I talk about the importance of having a plan and waiting for specific criteria to be met before entering trades. Today’s sell-off in crude oil was a textbook example of waiting for your moment and then managing the trade carefully as it develops.
Risk Management is Key: Always pay yourself as the market offers profits. Whether it’s moving your stop to lock in gains or taking partial profits at key levels, risk management will keep you in the game for the long term.
Choppy Markets Require Caution: When the broader market is directionless, it’s easy to get chopped up. Focus on the markets or setups that offer clear direction, like crude oil did today, and avoid over-trading in uncertain conditions.
In summary, while today’s session had its ups and downs, it offered a great lesson in discipline, risk management, and the importance of waiting for clear market conditions before committing to a trade.
Even if I wasn’t able to ride the full crude oil sell-off, sticking to my principles ensured that I walked away with profit and minimized my risk.
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
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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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