Aug 6, 20248 min read

I Could've Held My Positions Longer, BUT I'm Not Upset With Being Done Before 9am

Hey Trader,

Staying Focused on What Truly Matters in Your Trading Journey

As you continue to navigate the complexities of trading, I wanted to share a verse that emphasizes the importance of maintaining focus on what truly matters:

"For I resolved to know nothing while I was with you except Jesus Christ and him crucified."

1 Corinthians 2:2

In the fast-paced world of trading, it's easy to become distracted by countless details and market fluctuations. This verse reminds us of the power of singular focus and dedication to a central, guiding principle. Just as Paul resolved to focus solely on Christ, we, too, can benefit from staying grounded in our core values and goals.

Let this verse inspire you to remain focused on your ultimate objectives in trading. By keeping your priorities clear and not getting sidetracked by noise, you can navigate the markets with clarity and purpose, ensuring that your efforts align with what truly matters. Wishing you focus, clarity, and success in all your trading endeavors!

Be Relentless In Pursuit Of The Will

Which God Has Set Upon Your Heart,

Anthony Speciale

I Could've Held My Positions Longer, BUT I'm Not Upset With $4K Before 9am

Welcome to another trade breakdown. I’m Anthony from Speciale Analysis, and today I want to share with you a detailed look into my crude oil trade from this morning.

While the market conditions weren’t perfect, I trusted my read and executed my trades according to plan, ultimately securing solid profits.

The Setup: Reading the Market

Early this morning, I identified a setup that aligned well with my trading strategy.

The market had been retesting a key level, with price action showing some hesitation at 07:20 AM.

This was a signal for me to get involved. The market dipped and then showed quick follow-through, which confirmed my bias to the downside.

Executing the Trade: Managing Risk and Securing Profits

I decided to enter the market with 20 contracts at 73.12.

My first target was a quick cover at 73.00, which netted me $1,200.

I covered another five contracts at 72.90, adding $1,100 to the tally, and finally, I got stopped out of the remaining position at 72.92 for an additional $1,000.

In total, the trade brought in a GAIN of $3,300 in profits, minus usual brokerage fees.

While the market continued to move downward after I exited, I made a calculated decision to protect my gains and not risk giving back profits.

Sometimes it’s better to lock in what you’ve earned rather than chase every last tick.

A Quick Scalp: Adding to the Morning’s Gains

Shortly after my initial trade, I spotted another opportunity.

The market had started to pull back, and I saw a chance to scalp a few more ticks.

I took a small position, grabbed an additional $800, and pushed my morning’s profit to $4,100, minus usual brokerage fees.

It was a brief trade, but it aligned with my overall strategy of capturing quick profits in a market that was showing some indecision.

Market Conditions: Staying Cautious After a Big Sell-Off

Yesterday’s aggressive sell-off followed by a late rebound made for a tricky trading environment. This morning, the market was sluggish, struggling to push through key levels around 8:10 and 8:15 AM.

This was part of the reason I decided to scalp that second trade. I saw the opportunity to secure a few dollars, then step away before the market became too unpredictable.

The Bigger Picture: Risk Management is Key

As I always say, it’s not just about the big wins—it’s about consistent, disciplined trading.

I’m completely fine with taking smaller profits if that means protecting my capital.

Sometimes the market gives you a windfall, and other times you have to settle for what you can get.

The key is being okay with either outcome and always prioritizing risk management.

That’s what has allowed me to sustain my career in trading.

It’s about making smart decisions, respecting the market, and being disciplined enough to walk away when you’ve hit your target.

Wrapping Up: Enjoying the Day

By 8:52 AM, I was already wrapping up my day.

With a solid profit locked in, I decided to take advantage of the decent weather before the rain set in later this week.

For me, the goal is always to be effective, do my job, and then step away to enjoy life.

Trading should provide you with freedom, NOT keep you chained to your screen all day.

While I was just wrapping up with my clients, I felt there was a high probable reversal . . .

Here's how my late morning trade played out:

Initial Entry w/ 20 Contracts: 73.52
First Profit Target: 73.35 (50% of the position, advance stop to entry) +$1700
Second Profit Target: 73.20 (25% of the position, leave stop at entry) +$1600
Final Exit: 73.00 (remaining 25% of the position) +$2600

GAIN: $5,900 - Fees

With my early trade, my sclap and my final trade, it pushed the day towards $10K.

Learn More: Get Involved

If you’re interested in learning more about the analysis and strategies I use to navigate the markets, I invite you to check out products and services traders are using to grow.

Whether you’re a seasoned trader or just getting started, we provide valuable insights, live access to our trading rooms, and educational resources to help you succeed.

Stay informed, stay focused and stay disciplined ! ! !

For market insights, live sessions, and detailed analysis, consider joining our family.

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!

Join the Speciale Analysis Family of Traders and Take Your Trading To New Heights

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.

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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

Hey Trader,

Finding Strength and Confidence in Your Trading Journey

I hope this email finds you well. As you continue to pursue your goals in the trading world, I wanted to share a verse that offers powerful encouragement:

"I can do all this through him who gives me strength."

Philippians 4:13

Trading can be challenging, with its ups and downs, moments of doubt, and difficult decisions. This verse reminds us that we are not alone in our journey. Through faith, we can draw on a strength that goes beyond our own, empowering us to face challenges with confidence and determination.

Let this verse inspire you to approach your trading journey with a renewed sense of strength and assurance. No matter the obstacles you encounter, remember that you have the power and support to overcome them and achieve your goals.

Wishing you strength, confidence, and success in all your trading endeavors!

Be Relentless In Pursuit Of The Will

Which God Has Set Upon Your Heart,

Anthony Speciale

One TINY Candle Can Tell A Detailed Story Of What's To Come

Welcome, fellow traders! Anthony Speciale here with Hawkeye Traders. I'm excited to share the details of a successful crude oil trade I executed this morning.

It’s a great example of how understanding the relationship between volume and price action can lead to profitable trading decisions.

Let’s dive into the specifics of this trade so you can see exactly how it unfolded and, more importantly, how you can apply these insights to your own trading strategy.

The Setup: Spotting a Reversal

This trade took place in light sweet crude oil on a three-minute chart. The key moment happened at 10:54 a.m. Eastern Standard Time.

Earlier in the morning, the market established a significant low, followed by a retracement through some overnight price action.

As the market started to retrace, I noticed something crucial – a series of small candles with large wicks to the upside.

This indicated a loss of momentum among buyers, which often precedes a reversal.

Volume as a Key Indicator

What really caught my attention was the buying volume that started to increase as the market approached a key resistance level.

On the 10:54 candle, buying volume surged, but the candle itself was very small, with a significant wick on top.

This is a classic sign of buyers being absorbed and overpowered by sellers.

The market’s inability to push higher, despite the increased buying volume, signaled a potential reversal.

Executing the Trade

Based on this analysis, I decided to enter a short position as the market began to drop.

I got short and quickly covered my position on the way to price approaching $73.00.

My strategy was simple: take advantage of the market’s weakness and secure profits before the market had a chance to reverse against me.

The Outcome

The trade worked out beautifully. In a very short time I quickly paid and protected myself, translating into substantial profits.

The key takeaway here is that understanding the interaction between volume and price action allowed me to confidently execute this trade.

Learn and Apply: Watch the Full Trade Breakdown

I’ve documented the entire trade in a video, detailing every step from entry to exit. ⬇

You’ll see where I moved my stop, how I managed the trade, and each decision I made.

This is not hindsight analysis – it’s real-time trading captured for your educational benefit.

If you’re serious about improving your trading skills, I encourage you to watch the video and see for yourself how this trade played out.

Understanding the dynamics of volume and price action is a game-changer, whether you’re trading stocks, futures, Forex, or cryptocurrencies.

Take the Next Step: Join Our Training Webinar

After you watch the trade video, I invite you to join me in an exclusive training webinar.

In this session, we’ll dive deep into the relationship between volume and price action and how it applies across various markets and trading styles.

Whether you’re a scalp trader, day trader, swing trader, or position trader, this knowledge is crucial for your success.

During the webinar, I’ll also guide you through setting up Hawkeye Volume on your trading platform.

This powerful tool is compatible with TradeStation, TradingView, NinjaTrader, and MetaTrader.

Plus, you’ll gain access to the Hawkeye Volume Mastery Series, allowing you to continue learning and refining your skills at your own pace.

Don’t miss out on this opportunity to elevate your trading. Watch the video, join the webinar, and start mastering the techniques that can transform your trading results.