Comdoll Trading Kit (Jan. 11-15, 2016): Forex Market Preview

What’s up, forex buddies? I’m hoping to catch another win after my AUD/JPY trade so I’m keeping close tabs on these inflection points and upcoming events. Do you think the risk-off environment and commodity price drops will carry on this week?

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.6964 1.4162 0.6560
Previous Week High (PWH) .7302 1.4170 0.6840
Previous Week Low (PWL) 0.6963 1.3870 0.6543
Top Weekly ATR (tWATR) 0.7052 1.4270 0.6648
Bottom Weekly ATR (bWATR) 0.6877 1.4054 0.6473
Other significant levels 0.6950, 0.6850 1.4100, 1.4000 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. Here are some of the comdoll forex setups I’m looking at this week:

AUD/USD: 4-hour

AUD/USD 4-hour Forex Chart

AUD/USD 4-hour Chart

USD/CAD: 1-hour

USD/CAD 1-hour Forex Chart

USD/CAD 1-hour Chart

NZD/USD: 4-hour

NZD/USD 4-hour Forex Chart

NZD/USD 4-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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