Comdoll Trading Kit (August 17-21, 2015): Forex Market Preview

Hey forex buddies! What do you think of these comdoll setups I’m looking at? Don’t forget to mark these potential inflection points and economic events, too!

Significant Forex Levels to Watch Out For

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7377 1.3089 0.6540
Previous Week High (PWH) 0.7440 1.3182 0.6650
Previous Week Low (PWL) 0.7218 1.2952 0.6469
Top Weekly ATR (tWATR) 0.7465 1.3201 0.6629
Bottom Weekly ATR (bWATR) 0.7290 1.2978 0.6452
Other significant levels 0.7400, 0.7300 1.3200, 1.3100 0.6600, 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.

For now, I’m keeping close tabs on these reversal patterns on AUD/USD and NZD/USD but I’m also liking the ongoing uptrend on USD/CAD. I’m still long-term short biased on the Kiwi so I’m looking at the NZD/JPY range that Big Pippin just shared.

AUD/USD: 1-hour

AUD/USD 1-hour Forex Chart

AUD/USD 1-hour Chart

USD/CAD: 1-hour

USD/CAD 1-hour Forex Chart

USD/CAD 1-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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