Comdoll Trading Kit (August 24-28, 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) 0.7288 1.3183 0.6659
Previous Week High (PWH) 0.7389 1.3190 0.6709
Previous Week Low (PWL) 0.7285 1.3025 0.6529
Top Weekly ATR (tWATR) 0.7376 1.3294 0.6751
Bottom Weekly ATR (bWATR) 0.7201 1.3072 0.6567
Other significant levels 0.7300, 0.7200 1.3200, 1.3100 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.

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: Weekly

AUD/USD Weekly Chart

AUD/USD Weekly Chart

USD/CAD: 1-hour

USD/CAD 1-hour Forex Chart

USD/CAD 1-hour Forex 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

Other Popular Articles:   

Comdoll Trading Kit Forex Trade IdeaWhat is the STA strategy?Q2 2015 in Review