Hey Trader,
Making the Most of Every Opportunity in Trading
In both trading and life, each moment is an opportunity to grow, learn, and connect.
How we approach these moments, and the conversations we have, can shape our success.
As you navigate the markets, approach each decision and opportunity with wisdom & grace.
Stay grounded, and you'll be well-equipped to respond to whatever comes your way.
Be Relentless In Pursuit Of The Will Which God Has Set Upon Your Heart,
Anthony Speciale
"If we hold $67.35 as Resistance, we should seek the Session VWAP."
In today's market session, I executed a series of trades that I believe offer valuable lessons for retail traders, especially those navigating the fast-moving world of Crude Oil.
The primary goal of this post is to walk you through my trades, highlight the decision-making process, and share key insights that can help you improve your own strategies.
Understanding Market Conditions
As you know, I primarily trade Light Sweet Crude Oil (WTI futures), and we began today with a strong uptrend.
This morning, shortly after 7:30 AM, we observed the formation of a lower high—a critical sign for short-term traders like myself.
This was my signal to consider a short position, as it indicated a potential reversal or at least a retracement.
Identifying the Opportunity
Seeing the lower high form after a key resistance level was tested and rejected, I entered a short position.
My initial position was just above $67.35, and soon after entering the trade, I took profits on 50% of my position, which effectively financed the remaining trade.
My belief was that the price would likely move lower, targeting key support levels like the session VWAP (Volume Weighted Average Price), which was my level of interest.
Key Technical Levels
Before the market made its downward move, I had communicated to my clients in the live analysis room that $67.35 would be a significant level of resistance.
If the price held below that, we could anticipate a move lower into the session VWAP.
This prediction was based on observing price action, support and resistance levels, along with order flow analysis.
The Trades: Execution and Results
I entered my initial short position at around $67.35, and after locking in some early gains, I continued to manage the trade as the market moved lower.
While some traders may hold out for larger moves, my philosophy has always been to pay and protect—taking profits when the market offers them and protecting capital along the way.
In this case, the identification of the lower high at a critical resistance level provided a clear opportunity, which I capitalized on with proper risk management.
The Big Takeaway
The biggest lesson from today's trading session is simple: always pay and protect yourself when the market offers the opportunity.
There’s no reason to be overly greedy or wait for a massive move if the market presents solid gains early on.
When you see the market showing signs of weakness or strength, adjust your stop, lock in some profits, and protect yourself from unnecessary risk.
This approach may not lead to massive, once-in-a-lifetime trades, but it ensures consistent profitability, which is key for long-term success.
Wrapping Up the Day
After banking over $7,500 in profits from this morning's session, I made the decision to step away from the market for the day.
With the Crude Oil inventory report scheduled for 10:30 AM, I didn’t want to get caught in the volatility and whiplash that usually accompanies such reports.
Watch the Trade in Action
If you'd like to see the exact trades I took this morning, including where I entered, exited, and how I managed my stop-loss orders, I’ve included the live recording inside the blog post.
You can watch it to gain deeper insight into my strategy and see how I execute in real-time:
Lessons for Your Own Trading
I hope this breakdown helps you in your own trading journey.
Always remember the importance of key levels, identifying lower highs or higher lows, and the crucial balance of paying and protecting.
Trading doesn’t have to be about hitting home runs every day—it’s about making consistent, informed decisions that lead to steady profits.
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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