Comdoll Trading Kit (Oct. 19-23, 2015): Forex Market Preview

I’m keeping my eyes locked on these potential long-term forex plays on the comdolls. 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) 0.7257 1.2906 0.6798
Previous Week High (PWH) 0.7832 1.3080 0.6897
Previous Week Low (PWL) 0.7199 1.2832 0.6619
Top Weekly ATR (tWATR) 0.7352 1.3016 0.6897
Bottom Weekly ATR (bWATR) 0.7162 1.2797 0.6699
Other significant levels 0.7300, 0.7200 1.2900, 1.2800 0.6800, 0.6700

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 longer-term forex setups on the comdoll charts:

AUD/USD: Daily

AUD/USD Daily Chart

AUD/USD Daily Chart

USD/CAD: Daily

USD/CAD Daily Chart

USD/CAD Daily Chart

NZD/USD: Daily

NZD/USD Daily Chart

NZD/USD Daily 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

  • Pingback: Forex Trade Idea: NZD/CAD Reversal Pattern()

  • Usman Shahid Dar

    In the USD/CAD chart, how is it a bullish divergence? Please explain
    According to my little knowledge it must be a bearish divergence as Stochastic Indicator is forming a lower low while USDCAD pair is forming a higher low. Please reply at your earliest.

  • I usually just include the dollar pairs in my weekly preview but I’m looking at the crosses, too. What particular setup were you watching on EUR/CAD?