[Big Energy Profits] What Cancer Taught Me About Time, Trading, and True Freedom

Hawkeye Traders Logo

Hey Trader,

Welcome to the inaugural issue of Big Energy Profits!

I'm honored to share my expertise with you and help you reach your financial goals.

I know that trading in the oil market has changed my life and helped me achieve a level of freedom and security that most people only dream about, and I hope it does the same for you.

My goal for this newsletter is to show you how you can trade oil and achieve the same thing for yourself.

But before we get into the juicy details, I think it would be helpful for you guys to get to know me a little more.

So today's issue will be a little more biographical than most.

I'll explain who I am, how I got into oil trading, and how I achieved my success.

By the time you finish reading today's issue, you should have a better idea of who I am and my trading philosophy.

I look forward to growing with you.

I hope you enjoy today's issue.

To your trading success,

Anthony Speciale Jr

Editor, Big Energy Profits

Hawkeye Traders
team1@hawkeyetraders.com
hawkeyetraders.com

Crude News

Weekly Trend Analysis: The main trend is down according to the weekly swing chart, however, momentum continues to trend higher. The main trend will change to up on a trade through $54.71. A trade through $20.28 will signal a resumption of the downtrend. The minor trend is up. This is controlling the momentum. A trade through $41.63 will indicate the momentum is getting stronger, while a trade through $34.66 will change the minor trend to down. The main range is $62.21 to $20.28. Its 50% to 61.8% retracement zone at $41.25 to $46.19 is resistance. This zone stopped the rally at $41.63 two weeks ago. The short-term range is $20.28 to $41.63. If the minor trend changes to down then its retracement zone at $30.96 to $28.44 will become the primary downside target. The new minor range is $34.66 to $41.63. Its 50% level at $38.15 has been providing some support.

Weekly Technical Outlook: The price action the past six weeks has clearly shown that the key level to overcome for the bullish traders is $41.25. Traders seem to be reluctant to buy strength which will be necessary to overcome this level. If they grow tired of trying to trigger a breakout then they may just settle for starting a pullback into the short-term retracement zone at $30.96 or $28.44. Bullish traders have to decide whether to chase the market higher and fuel a breakout to the upside, or play for value and let the market correct into a support zone.

Weekly Fundamental Outlook: The question traders are asking themselves ahead of the weekend is … Will the rapidly rising COVID-19 in the United States affect demand enough to drive up crude oil and gasoline inventories? This question won't be answered until next week's American Petroleum Institute (API) and Energy Information Administration (EIA) weekly storage reports are released. In the meantime, there will be a lot of speculation and with that will come volatility and two-sided trading. At this time, traders seem to be following the lead of the equity market traders and shrugging off the coronavirus numbers, while maintaining their focus on a V-shaped recovery for the economy. But crude oil traders can't hide behind the stock market rally for too long before reality finally sets in. Big jumps in inventories next week will likely light the fuse for an eventual break back to $30.96 to $28.44 over the near-term, while steady to lower inventories readings may finally give traders the confidence needed to successfully overcome $41.25.

What Cancer Taught Me About Time, Trading, and True Freedom

The doctor told us she only had 2 years to live.

My mom's cancer had already progressed to stage 4 by the time she was diagnosed.

It had already spread throughout her body, and while she had resolved to fight it and stay alive for as long as possible… There was little hope for her becoming cancer-free and making a full recovery.

That's how I learned just how precious time is.

My mother's time was running out, and my father was looking for ways to spend as much time with her as possible before she left.

But he spent most of his time running the family business.

He had spent years building that business into what it was, and still, it demanded most of his time.

Before my mother was diagnosed, it wasn't a problem. He just about whistled to work every day, excited to spend whatever amount of time was necessary for his business to thrive...

But now my mother's time was limited and my father decided he would rather spend his time with her, and the business was starting to feel more like a burden to him.

He felt like he didn't have the freedom to spend his time how he wanted.

If he wasn't with my mother he felt guilty for not being there for her, and when he wasn't working in the business he felt guilty for abandoning the company he built.

I watched him agonize over how he should spend his time each day.

He was in a lose-lose situation all because he didn't have the time-freedom he wanted.

Finally, I helped him out by buying the family business from him so he could retire early and be with my mom.

But before I bought the business I made up my mind to never put myself in the same kind of situation my father found himself in.

My time-freedom became my #1 priority.

So while I worked on the family business, I also started working on ways to have the time-freedom my father lacked…

I started trading.

The family business deals with oil, so I was used to tracking oil prices already. All I needed was a trading system to help start making profitable trades.

I spent years of my time… and thousands of dollars… trying out different systems and indicators until I found Hawkeye.

I was smitten with Hawkeye's indicators and volume-based methods that now play such a significant role in all aspects of my trading.

After purchasing Hawkeye's indicators, I made myself available to be at the soonest live training seminar in West Palm Beach.

I spent the weekend surrounded by like-minded traders like Nigel Hawkes and Randy Lindsey and learning about the software, its capabilities, and the Hawkeye trading methods.

I came home from that long weekend fired up and laser-focused on the opportunity I had before me.

My life was changed forever.

Now, I swing trade WTI Light Sweet Crude Oil Futures Contracts for a living with a well laid out and thorough trade plan following the system built around Hawkeye trading methods and indicators.

In 2019, I made $384,400.00 using my swing trade method. And this year I've made $444,600.00 so far - and the year is only halfway done!

Trading allows me to decide how much time I'm spending in front of the computer and gives me the TIME to live my life on my terms — unlike the way my father had to live his life.

I couldn't be more grateful for the life that I live.

And I hope I can help you achieve the same thing by sharing what I know with you in this newsletter.

If you found this useful, please forward this email to a friend.

I look forward to talking to you guys again soon.

The Ultimate Wall Street Insider Reveals ALL

Ross Given, aka The Man Who Predicted Dow 20K, just made another bold prediction.

According to a strange signal he identified, there will be a huge profit opportunity for traders over the next few months. It's possible to see returns as high as 267%, 363%, and 453% per trade.

He Will Reveal Everything in This On-Demand Training Video!

Daily Analysis

WTI Light Sweet Crude Oil Futures Analysis … August - CLQ20

MONDAY's Outlook: The mid $39.00 price area can contain initial weakness. The mid $41.00 price area is in reach and is able to contain daily buying strength.

Near-Term Bullish Scenario: Closing above the mid $41.00 price area indicates the long-term $49.00 - $52.00 price area is within reach over the next several weeks.

Near-Term Bearish Scenario: Breaking below the mid $39.00 price area allows a bearish continuation towards the mid $36.00 price area intraday. Closing below the mid $36.00 price area allows for the mid $25.00 price area within several weeks.

Key active RESISTANCE price areas for MONDAY are likely to be: 40.30, 40.70 - 40.90, 41.30 - 41.50, 41.90 - 42.10

Key active SUPPORT price areas for MONDAY are likely to be: 9.70 - 39.50, 38.90, 38.50 - 38.30, 37.90 - 37.70, 37.30 - 37.10

Weekly Analysis

Based on the recent price action, the direction of the August WTI crude oil market the week-ending July 17 is likely to be determined by trader reaction to the main 50% level at $41.25.

Bearish Scenario: A sustained move under $41.25 will indicate that sellers are still defending the downtrend, or betting on lower prices. If this creates enough downside momentum then look for the selling to possibly extend into a downtrending angle at $35.21. Crossing to the weak side of $35.21 will put the market in a bearish position. This could lead to a test of the minor bottom at $34.66. The minor bottom at $34.66 is a potential trigger point for an acceleration to the downside with the next target $30.96.

Bullish Scenario: Overcoming and sustaining a rally over $41.25 will signal the presence of buyers. The first upside target is a steep uptrending Gann angle at $44.28. Crossing to the strong side of this angle will put the market in a bullish position. This could lead to a test of $46.19, followed by a downtrending angle at $48.71. This is the potential trigger point for an acceleration to the upside.

Key Reversal Days and/or Turning Points for this WEEK: Monday, Tuesday, Thursday

Yearly Cycle Analysis

- The 10 year cycle rallies sharply all month making a major high on August 3rd.

- The 20 year cycle sells off into July 11th, then rallies into July 19th then makes a major low on August 1st.

- The 30 year cycle makes a major low on July 6th and rallies into August 7th.

Key turning point dates:

July 6th

July 16th to 21st

July 31st

Call us: (888) 233-8598

Click here to update your email preferences. If you do not wish to receive any further emails from Hawkeye Traders please click the Unsubscribe link at the bottom of this email.

DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results.

CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

We'll always treat your personal information with the utmost care and will never sell it to third parties. You can find out more about what data we hold about you, why we need it, and how we keep that information safe in our Privacy Policy.

If you no longer wish to receive our emails, click this link: Unsubscribe

Hawkeye Traders LLC 14422 Shoreside Way Suite 110-160 Winter Garden, Florida 34787 United States

No comments:

Post a Comment