Hey Trader,
Finding Inspiration and Success in Your Trading Journey
I hope this email finds you well.
As we navigate the ups and downs of the trading world, I wanted to share a source of inspiration that has personally guided me in both life and trading.
John 13:20 says, "Very truly I tell you, whoever accepts anyone I send accepts me; and whoever accepts me accepts the one who sent me."
This verse reminds us of the importance of trust and acceptance.
Just as we accept guidance in our spiritual journey, we should also be open to learning and mentorship in our trading endeavors.
By embracing the knowledge and support of experienced traders, we align ourselves with a greater purpose and move closer to our goals.
In trading, much like in life, success comes from a combination of faith, perseverance, and the wisdom to accept guidance.
Let this verse inspire you to trust in the process, seek out valuable insights, and remain steadfast in your journey towards trading success.
Wishing you all the best in your trading pursuits!
Be Relentless In Pursuit Of The Will
Which God Has Set Upon Your Heart,
Anthony Speciale
Trading is NOT Magic, Rather it's a SKILL, Built Through EXPERIENCE
Welcome, everyone. Anthony here from Speciale Analysis. Today, I want to share my approach to the market, developed and refined over 13 years of trading experience.
My goal is not to talk about myself, but to offer insights into my traditional methods of market analysis.
By focusing on volume, price action, and order flow, I've found a reliable way to interpret and anticipate market movements.
This blog post aims to provide you, retail traders, with valuable insights to enhance your trading journey.
The Foundation of My Trading Approach
Over the years, I've experimented with various market analysis techniques.
However, I've consistently found that focusing on volume, price action, and order flow provides the most reliable insights.
This method doesn't guarantee that the market will behave exactly as analyzed, but it does offer well-grounded scenarios based on historical evidence and experience.
It's crucial for every trader to develop a personalized trade plan and adhere to it strictly.
Ultimately, the decisions you make—when to buy or sell, how much to risk—are yours alone. My role is to provide educational analysis, interpretation, and expectations that you can incorporate into your trading strategy to accelerate your learning curve.
Building Trading Experience and Discipline
I've worked with a diverse range of traders, from complete beginners to seasoned veterans. Some have achieved profitability quickly, while others struggle despite accurate market analysis.
The key difference lies in the ability to develop and stick to a consistent trade plan.
Analytical skills are just one component of successful trading. Equally important are psychological, emotional, and financial discipline.
My goal is to accelerate your trading career by sharing my experience and helping you see the market through a new lens.
I've learned from industry experts and adapted their techniques to fit my style.
As a trader, I strive to provide the experience I've acquired to you —so you can take what works for you, and build your own approach.
Trading Light Sweet Crude Oil
Let's delve into a practical example by examining my recent trade on light sweet crude oil. I started my day early, analyzing the market's price action and volume.
The market was choppy, finding support at the volume-weighted average price (VWAP).
Despite several failed attempts to go higher, I noticed strong reversal signals and significant absorption on the order flow.
I drew a trend line off the recent highs and observed clear absorption around the 78.03 level. I don't usually act while a candle is still open, but I was prepared to take a small risk if the market revisited this area without pushing higher.
My entry was at 78.03, with a stop slightly above the high of 78.06, risking only a few ticks.
The market reacted as expected, plummeting back to the VWAP and allowing me to take profits quickly. I exited most of my position at 20 and 25 ticks, respectively, leaving a few contracts in case of further downside, which didn't materialize.
This trade exemplifies the importance of a well-planned strategy and disciplined execution.
During the live session, we discussed various scenarios for crude oil, both long and short. A push through the prior high suggested targets of 78.20 and 78.65, but ultra-high selling volume at specific levels indicated potential reversals.
These insights, based on volume and price action, guided my trading decisions throughout the session.
After the initial trade, I observed further market behavior, including reactions to economic reports and subsequent price movements.
By continuously monitoring absorption and high-volume candles, I identified potential reversal points and adjusted my expectations accordingly.
Consistency and Discipline in Trading
One of the biggest challenges in trading is maintaining consistency and discipline. I've seen traders achieve impressive returns quickly, while others struggle for years.
The difference often lies in the ability to stick to a well-defined trade plan and manage psychological and emotional factors effectively.
I encourage traders to practice with a realistic paper account before going live.
Aim to double the account using the same size and strategy you plan to use with real money. This practice helps build confidence and good habits, making it easier to handle the emotional challenges of live trading.
The Reality of Trading
Trading is not the easy path often portrayed online.
It's a skill that requires dedication, study, and discipline. Successful traders invest years of hard work and build a deep understanding of market dynamics.
My aim is to provide realistic expectations and tools to help you develop into a disciplined, consistent trader.
I operate a live trading room every morning, sharing my analysis and trades in real-time. This commitment helps my clients build experience and learn from real market conditions.
Whether you're trading the NASDAQ, S&P, Crude Oil, or Gold, the provided insights can accelerate your learning curve and enhance your trading strategy.
Trading is akin to mastering a sport—it requires practice, discipline, and continuous learning. By focusing on volume, price action, and order flow, and by adhering to a strict trade plan, you can improve your chances of success.
My goal is to provide you with the analysis, interpretation, and expectations needed to navigate the market confidently.
If you're ready to commit the time and effort required to succeed, consider joining my live trading sessions.
Together, we can build the skills and discipline necessary to thrive in the challenging world of trading.
Remember, trading is a journey, not a destination. Stay focused, stay disciplined, and continue to learn and grow.
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
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