Comdoll Trading Kit (Aug. 3-7, 2015): Forex Market Preview

Huddle up, comdoll buddies! We’ve got a bunch of top-tier catalysts lined up for the comdolls this week so make sure you check out these potential inflection points and forex setups I’m looking at.

Significant Forex Levels to Watch Out For

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7320 1.3090 0.6606
Previous Week High (PWH) 0.7366 1.3093 0.6739
Previous Week Low (PWL) 0.7235 1.2862 0.6536
Top Weekly ATR (tWATR) 0.7408 1.3207 0.6698
Bottom Weekly ATR (bWATR) 0.7233 1.2974 0.6514
Other significant levels 0.7350, 0.7250 1.3100, 1.3000 0.6700, 0.6500

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.

We’re seeing a bit of consolidation for AUD/USD and NZD/USD, but the trend for USD/CAD is looking mighty fine. Take a look at these potential short-term plays:

AUD/USD: 1-hour

AUD/USD 1-hour Chart

AUD/USD 1-hour Chart

USD/CAD: 1-hour

USD/CAD 1-hour Chart

USD/CAD 1-hour Chart

NZD/USD: 1-hour

NZD/USD 1-hour 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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