Hey Trader,
Empowering Your Trading Journey
I hope this email finds you well. As you navigate the ever-changing world of retail trading, I wanted to share an empowering verse with you:
"I can do all this through him who gives me strength." - Philippians 4:13
In the dynamic and often challenging environment of trading, it's essential to remember where your strength comes from.
This verse is a powerful reminder that with faith and determination, you can overcome any obstacle and achieve your goals.
Let this assurance fill you with confidence and resilience as you face each trading day.
Believe in yourself and the strength that is within you. With determination and faith, there is nothing you cannot achieve.
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: 7/11/24
Anthony here with Speciale Analysis. I hope you're all having a wonderful day!
I want to dive into the trades I took this morning and share my approach to the market.
I shot this video earlier than usual due to some commitments later in the afternoon, but I'm excited to walk you through my trading day, which was driven by significant economic data releases, including CPI numbers and unemployment figures.
Morning Trade Breakdown
First Trade: 0705 Pre Economic Data Release
I was fortunate to take an early trade at 7:05 AM. The market pushed back up through a key level, retested a prior consolidation zone, and then started retesting a low.
I noticed a trend line forming and was concerned about its potential to hold back price movement. After price retested this prior low, I took some profits quickly and advanced my stop, aiming to protect my position.
My second target was 8215, but unfortunately, I got stopped out before reaching it. Despite this, I managed to secure a total of 12 ticks from the first target and the stop.
Second Trade: 0835 Post Economic Data Release
At 8:30 AM, we saw the release of crucial economic data, which triggered a surge in buying volume.
However, there was a lack of follow-through, and several candles indicated a potential downward push.
I decided to layer in and out of this trade, taking profits and adding to my position as opportunities arose.
My goal was to flush through 82.00 and push towards 81.80, which eventually happened.
The market continued to sell off, confirming my analysis.
Insights and Reflections
I’m pleased with how these trades played out. The second trade, in particular, yielded significant profits by layering in and out.
The first trade, though not as profitable, was still a small gain.
The key takeaway here is the importance of employing good risk management, having a well-planned trade execution strategy, and adapting to market conditions.
Managing Emotions and Discipline
Today, I logged out of my brokerage account after these trades to avoid the temptation of re-entering the market. This discipline is crucial for long-term success.
Greed and fear of missing out (FOMO) can lead to poor trading decisions.
By stepping away after a successful morning, I ensured that I maintained emotional control and stayed disciplined.
My objective is to provide the highest level of analysis, interpretation, and expectations based on market evidence and my decade+ of experience.
This doesn't mean I'm right all the time—no trader is.
The key is to be right often enough and manage risks effectively.
I share my insights and strategies to help you develop your own approach to the market.
What you do with this information is ultimately up to you.
Are You On The Path To Personal Trading Excellece?
I hope you found this post helpful.
If you did, please leave a comment below and like the video. If you haven't subscribed to the channel yet, please do so to stay updated with my latest content.
If you have any questions or need further assistance, feel free to reach out via email.
For those interested in joining me LIVE for morning Futures Market sessions from 8:00 to 11:00 ET., there will be links provided below to learn more and gain access.
Today's LIVE Futures Market session demonstrated the power of trading with the prevailing trend and following a disciplined approach.
Whether you're trading the NASDAQ, S&P 500, Gold or Crude Oil, adhering to a well-defined plan and being patient can lead to significant rewards.
If you find value in these insights and want to take your trading to the next level, I encourage you to review the videos and images within this blog post for details.
Join us LIVE every morning from 8:00 a.m. to 11:00 a.m. EST for futures market analysis, interpretation and expectations.
Additionally, you’ll get access to professional analysis, interpretation and expectations - across various markets, including stocks, futures, forex, and cryptocurrencies.
To access The Speciale Analysis Experience, follow the link below. You’ll gain a wealth of trading resources and become part of a community dedicated to trading excellence.
Remember, trading is a journey, and continuous learning and improvement are vital. I’m here to support you in building a successful trading career.
My goal is to share my 13+ years of experience, helping you by providing analysis, interpretation and expectation that align with your personal trading plan.
If you’re interested in learning more or have questions, feel free to reach out. I offer personalized consultations to ensure we're on the same page before you join.
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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