Comdoll Trading Kit (Nov 23-27, 2015): Forex Market Preview

It looks like the comdolls are starting to regain ground against its forex rivals so I’m looking at a few breakout and retracement setups, along with these potential inflection points and upcoming events.

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7234 1.3331 0.6560
Previous Week High (PWH) 0.7250 1.3371 0.6605
Previous Week Low (PWL) 0.7070 1.3247 0.6430
Top Weekly ATR (tWATR) 0.7322 1.3434 0.6653
Bottom Weekly ATR (bWATR) 0.7146 1.3229 0.6468
Other significant levels 0.7300, 0.7200 1.3400, 1.3300 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.

I’ve got my eyes locked on these short-term trend setups on the comdolls, and of course my open trade on USD/CAD:

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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