Identified LIVE: Nasdaq Entry Offered 800+ Ticks
- Anthony Speciale
- Aug 15, 2024
- 4 min read
Hey Trader,
The Power of Humility in Trading
As you continue to navigate the markets, I wanted to share a piece of wisdom that can profoundly impact both your trading and personal life:
"Do nothing out of selfish ambition or vain conceit. Rather, in humility value others above yourselves."
Philippians 2:3
In a field where competition is fierce and self-interest often reigns, this verse serves as a powerful reminder of the importance of humility.
Approaching your trades with humility and respect for others' insights can lead to more thoughtful decisions and, ultimately, greater success.
May this verse inspire you to trade not just for personal gain, but with a mindset that values the greater good. Wishing you all the best in your trading journey!
Be Relentless In Pursuit Of The Will
Which God Has Set Upon Your Heart,
Anthony Speciale
Identified LIVE: Nasdaq Entry Offered 800+ Ticks
As a retail trader, you know how critical it is to stay on top of market movements and seize opportunities when they present themselves.
But what does that look like in practice?
Today, I want to share a recent analysis session where we identified over 800 ticks of opportunity on the NASDAQ 100—an extraordinary move triggered by early morning economic data.
The Power of Economic Data
It all started with the release of several economic indicators at 8:30 AM.
The market was eagerly awaiting these numbers, and as soon as they were published, we saw a significant and aggressive push in buying interest.
For those trading live with me, it was an exciting moment. I pointed out two small but crucial candles that formed shortly after the data release.
These candles were meaningful—they served as a potential foundation for further upward movement.
Key Indicators and Trade Execution
I mentioned to my live audience that if the price held above these two small candles, there was a strong chance the market would continue to rise.
From that point, we were targeting a simple push into the next pivot, which resulted in a swift 249 ticks of profit opportunity.
But the move didn’t stop there.
All the fast-moving components remained intact, and we watched as the NASDAQ 100 climbed steadily toward the 19,500 mark—just as I had predicted.
The price held beautifully on the fast-moving averages, allowing the market to continue.
My Morning Long Position Entered At Support
This trade opportunity presented itself at 8:20 AM. We observed a strong pullback into a key area that had previously driven price higher. I aggressively advanced my stop to exit.
Entry: I went long at $77.66 with 20 Contracts.
Exit: I aggressively advanced my stop to 77.87.
GAIN: $4,200 - Fees
The Importance of a Ready Trade Plan
This session was a perfect example of why having a well-prepared trade plan is crucial.
It’s not enough to identify these opportunities—you must also be willing to execute your plan confidently.
For this particular trade, the risk was clear: if the two small candles I identified didn’t hold, the trade could fail.
However, if they did hold, there was significant profit potential—249 ticks to be precise—waiting to be captured.
By simply setting a stop at break even, traders could lock in this opportunity without fear of losing their gains.
Are You Ready to Act?
And more importantly, are you acting upon them?
If you’re unsure, or if you find yourself missing out on these kinds of moves, perhaps it’s time to consider trading live with me.
Together, we can identify these opportunities, and you can decide if they align with your trade plan and risk management strategies.
Trading is about more than just watching the markets—it’s about knowing when and how to act.
This session was a testament to the power of professional analysis and a well-executed trade plan.
If you’re ready to take your trading to the next level, there’s no better time to start...
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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