Identified LIVE: 3 High Probability Trade Setups: NQ 500+ Ticks, ES 100+ Ticks, CL 80+ Ticks
- Anthony Speciale
- Aug 9, 2024
- 5 min read
Hey Trader,
Embracing Your Mission with Purpose and Passion
As you continue to pursue your goals in the world of trading, I wanted to share a verse that encourages us to approach our work with purpose and a broader perspective:
"He said to them, 'Go into all the world and preach the gospel to all creation.'"
Mark 16:15
While this verse speaks directly to sharing the good news, it also serves as a powerful reminder of the importance of our mission in life.
Just as we are called to spread a message of hope and truth, we can also bring that same sense of purpose and integrity to our work.
In trading, this might mean approaching each decision with care, sharing your insights generously, and using your success to make a positive impact on others.
Let this verse inspire you to trade not just for personal gain, but with a heart that seeks to make a difference. Approach your journey with passion, purpose, and the mindset that your work can contribute to something greater.
Wishing you continued success and fulfillment in all your endeavors!
Be Relentless In Pursuit Of The Will
Which God Has Set Upon Your Heart,
Anthony Speciale
Identified LIVE: 3 High Probability Trade Setups
As a retail trader, there's nothing more satisfying than identifying a high-probability setup, acting on it, and watching the market unfold exactly as you anticipated.
That’s what happened to me this morning, and I want to share the details with you, so you can understand the thought process and strategy behind these trades.
Crude Oil: Spotting the Reversal Before It Happened
The day began in the Futures Analysis Room with an early focus on crude oil.
At 8:00 AM, I alerted my traders to a potential high-probability reversal.
Crude oil had been trending upwards, with strong momentum pushing prices higher.
However, something caught my eye that made me reconsider my long position.
We had seen a strong push up in the overnight session, but the volume behind this move was telling a different story.
When the 8:00 AM 3-minute candle printed a Hawkeye Wide Bar—a signal I pay close attention to—I noticed something significant. Followed by the OrderFlow read . . .
Despite a strong move upwards, the volume wasn’t supporting a continued rally.
The candle showed a substantial increase in volume, but the price action didn’t follow.
This discrepancy between volume and price action was a clear signal to me that a reversal might be imminent.
My initial long position was closed, and I reversed to a short position, even though it cost me a few ticks to make the switch.
The market confirmed my analysis, and crude oil dropped significantly, moving about 80 ticks within a short time frame.
Although I didn’t catch the entire move, I was able to profit from the reversal and even doubled my position on a retest because I felt confident in the setup.
Here's How My Trade Played Out:
Initial Entry Long w/ 20 Contracts: 76.70
Reversal of 20 Contracts: 76.68 -$400
First Profit Target: 76.55 (1/4 of the position) +$650
ADD 15 Contract to Position = 30 Total Open Contracts @ 76.69
Second Profit Target: 76.45 (1/3 of the position) +$2,400
Third Profit Target: 76.35 (1/4 of the open position) +$1,700
Final Exit: 76.60 (remaining 3/4 of the open position) +$1,400
GAIN: $6,400 - Fees
⬇ Join me as I manage an afternoon trade ⬇
Here's How My Trade Played Out:
Initial Entry Long w/ 20 Contracts: 76.84
First Profit Target: 76.70 (1/2 of the position) +$1,400
Second Profit Taken: 76.65 (1/4 of the position) +$950
Final Exit: 76.75 (remaining 1/4 of the open position) +$450
GAIN: $2,800 - Fees
NASDAQ and S&P 500: Profiting from the Downtrend
This morning I quickly turned my attention to both the NASDAQ and S&P 500 as well.
Both markets were showing signs of a pullback, and I identified key areas where a continuation to the downside seemed likely.
In the S&P 500 and NASDAQ 100, setups were almost picture-perfect.
As the market pulled back into a critical area, I told my traders, "If we start to move lower from here, there’s a good chance we’re going to see a substantial drop."
That’s exactly what happened.
The NASDAQ 100 dropped over 500 ticks, providing a huge opportunity for those who acted on the analysis.
The S&P 500 mirrored this move, dropping just over 100 ticks after pulling back into the fast-moving averages.
This was a setup we had identified ahead of time, allowing us to capitalize on the downtrend.
Three High-Probability Setups, One Profitable Morning
By 9:45 AM, we had already identified and acted on three high-probability setups across crude oil, the NASDAQ, and the S&P 500.
Each of these trades offered the opportunity to lock in significant profits before most people had even started their day.
The key takeaway here is that trading is a game of probabilities.
Not every trade will work out as perfectly as these did, but if you understand market dynamics and manage your risk properly, you can succeed consistently over time.
If you want access to this kind of analysis every morning, I invite you to join me live in the Futures Analysis Room.
This is where I share my professional-grade market interpretations and expectations with traders like you.
Whether you’re a serious trader looking to refine your strategy or someone who wants to learn how to trade like a pro, this is the place for you.
I do this because I want to help other traders achieve the success I’ve found in the markets.
Trading isn’t about entertainment or gambling; it’s about making calculated decisions based on solid analysis. If that’s what you’re looking for, I’m here to help.
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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