skypointmarkets

skypointmarkets

Nasdaq retracing before NY open as expected. Could be seeing the end of Septembers correction this week.

skypointmarkets

Looking to finish the week off strong. Happy trading to all

skypointmarkets

"If you can make one Dollar, you can make a million more".

skypointmarkets

Looking for price to fill liquidity after running stops above the previous high. The FED Jackson Hole Symposium should give some momentum to the market place.

skypointmarkets

Let's see the Rand gain some strength with the dollar currently showing some weakness.

skypointmarkets

Long term swings set up. Might take a few days to come to fruition and for price to get to my entry price of +-109.300. Order block to order block.

skypointmarkets

Next planned move for the Dollar/Rand

skypointmarkets

You can see if we put both the DXY and USD/ZAR next to each other how well they correlate at the moment. Both charts have retraced respectively giving a strong narrative that if the DXY respects the trend and moves higher, that USD/ZAR will follow suite. The South African economy has taken a huge knock this week due to extended Covid restrictions but more...

skypointmarkets

Possible bounce off of support or a retracement before a continuation. Either way I see the Rand weakening against the Dollar due to the current state of the nation. Target 1: 15.00000 ; Target 2: 15.60000

skypointmarkets

Waiting to see price break below 14700 to fill liquidity down to 14560. A failure to break this level should see price continue to rally up.

skypointmarkets

In for a long position after price bounced off of the 79% level (discount price). Should see price rally higher if it's able to break through 1.19771. If it breaks above this level then I expect price will fill the low resistance liquidity void.

skypointmarkets

Bias is bullish today looking at the DXY and Feds projected outlook on the market. Jobs creation consensus is forecasted at 700k vs. 559k for the previous NFP news. Today is a very risky news event to be trading but if traded correctly the returns can be highly favorable. Please be careful trading today.

skypointmarkets

On the short side today before NFP

skypointmarkets

Entry modified for price to potentially take out previous lows

skypointmarkets

Looking for a small pullback before getting in for long entries. Expecting some big moves this Friday due to NFP.

skypointmarkets

Looking for price to retrace in order to fill the recent liquidity void at which point price will be at a premium price for a short.

skypointmarkets

Busy testing a new strategy. Will look for price to fill the previous liquidity void at which point price will be at a premium price for a short position. *This strategy is not my own and is one that I've learnt through Michael J. Huddleston of ICT*

skypointmarkets

FOMC yesterday causing a lot of bearish momentum. As you can see previous lower highs have been taken out indicating a downtrend. Price currently sitting on a support level. If price breaks support then I have 2 targets set.