Hey Trader,
Protect Your Most Valuable Asset
In the fast-paced world of trading, it's easy to get caught up in the noise and distractions. But remember this powerful wisdom from Proverbs:
Your heart is the wellspring of your actions, decisions, and emotions. Just as you protect your capital, protect your mindset and values.
By guarding your heart, you'll stay focused, make sound decisions, and remain true to your principles, even in the toughest markets.
Stay centered and keep trading with purpose!
Be Relentless In Pursuit Of The Will
Which God Has Set Upon Your Heart,
Anthony Speciale
Taking Quick Profits Into New [Pre-Market] Session Highs
In the world of trading, clarity and simplicity often yield the best results.
This morning’s session in the crude oil market exemplified this principle perfectly, offering a textbook example of how to navigate momentum with precision and confidence.
Let’s break down the key takeaways from today’s trading and explore how you can apply these strategies to your own trading journey.
A Choppy Start: Indices and Gold
As the morning unfolded, we encountered a bit of choppiness across various markets.
Economic numbers were coming out, leading to some erratic movement in the indices and gold.
This kind of volatility can be challenging to navigate, but it’s also a reminder of the importance of staying disciplined and patient.
When the market is sending mixed signals, it’s crucial not to force trades. Instead, wait for the setups that align with your strategy and offer a clear edge.
Crude Oil: Long and Strong
While the indices and gold were a bit tricky, crude oil presented a strong, clean move to the upside that was hard to ignore.
From the moment we came together at 8:00 AM, it was clear that crude was setting up for a bullish run.
Key Levels and Momentum
Breaking Prior Session Highs: Early in the session, crude oil broke through the prior session highs, a critical indicator that bullish momentum was taking hold. Holding above these highs provided the first signal that the market was ready to move higher.
Key Resistance Levels: We observed a push into a key level at 75.25, followed by another at 76.15. As crude continued its ascent, it reached the next target at 76.90, showing no signs of slowing down.
Resting Liquidity: On the book map, we identified resting liquidity at the $77 level. This gave us further confidence that the market had room to continue its upward momentum.
This movement was not just about following the price action; it was about understanding the underlying market mechanics.
Multiple time frame momentum aligned perfectly, creating a scenario where the odds were stacked in our favor.
Simplicity in Action: Follow the Inertia
One of the most valuable lessons from today’s session is the power of simplicity.
In fact, the best results often come from sticking to a straightforward plan:
Trade with the Market: If the market is rising, look for buying opportunities. If it’s falling, look for selling opportunities. This might sound simplistic, but it’s an approach rooted in understanding market momentum and using it to your advantage.
Wait for the Setup: Don’t chase the market. Instead, wait for it to give you a favorable setup. When your criteria are met, step in with confidence. This patience and discipline can make the difference between a winning trade and a losing one.
Take Profits and Move On: Once the market has moved in your favor, take your profits and step away. Overtrading can lead to unnecessary losses, so it’s important to recognize when you’ve hit your target and call it a day.
This morning, I personally took part in the move on crude oil.
It was a clear, concise trade based on higher time frame momentum—a move that I’ll break down further in the video included in this blog post.
Empowering Your Trading Journey
The success of today’s session is a testament to the effectiveness of a disciplined, straightforward approach.
Many of my clients reached out, thrilled with how clean and replicable the move was.
By following a simple, proven system, you can achieve consistent results.
If you found today’s insights valuable, I encourage you to incorporate these principles into your own trading routine.
Remember, trading is a journey, and it’s one that doesn’t have to be walked alone.
I’m here to help you along the way, offering guidance, support, and the tools you need to succeed.
Join me in the next session where we’ll continue to dissect the markets, apply proven strategies, and work towards building a profitable trading future.
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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