Comdoll Trading Kit (June 29-July 3, 2015): Forex Market Preview

What’s in store for the comdolls this week? If you’re planning on trading AUD/USD, USD/CAD, or NZD/USD, don’t forget to mark these potential inflection points and forex market events.

Significant Forex Levels to Watch Out For

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7641 1.2343 0.6817
Previous Week High (PWH) 0.7796 1.2423 0.6930
Previous Week Low (PWL) 0.7631 1.2219 0.6815
Top Weekly ATR (tWATR) 0.7739 1.2462 0.6912
Bottom Weekly ATR (bWATR) 0.7543 1.2225 0.6723
Other significant levels 0.7700, 0.7600 1.2300, 1.2200 0.6900, 0.6800

In case you’re wondering what ATRs are all about and how I computed those figures, make sure you check out my entry explaining my trading strategies. So far, here are the comdoll setups I’m looking at:

AUD/USD: 4-hour

AUD/USD 4-hour Forex Chart

AUD/USD 4-hour Chart

USD/CAD: 4-hour

USD/CAD 4-hour Forex Chart

USD/CAD 4-hour Chart

NZD/USD: 1-hour

NZD/USD 1-hour Forex Chart

NZD/USD 1-hour Chart

And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:

Forex Comdoll Calendar

Forex Comdoll Calendar

Got any comdoll trade ideas you’d like to share? Post ’em right here!

Cheers,

Happy time

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Comdoll Trading Kit Forex Trade IdeaWhat is the STA strategy?Q1 2015 in Review

  • Peter Griffin

    I am definitely waiting for another NZD short. It just does not go down as much as it should which will make Wheeler force it down sooner or later. However, the positive carry and current development hold it from falling further. I’d wait for downward momentum before entering.

    Also, there doesn’t seem to be any reason for a bullish AUD, except maybe short term improvements in the Chinese economy after the rate cut. The AUD is bearish in my opinion. Plus, the USD might push further with the date of the rate hike getting closer.

    I got nothing on the CAD.