What’s up, forex buddies? I’ve still got my GBP/AUD forex position open but I’m considering jumping in these ongoing comdoll trends. Oh and here are the upcoming events and potential inflection points, too!
Significant Forex Levels to Watch
|Week Open (WO)||0.6840||1.4606||0.6426|
|Previous Week High (PWH)||0.7049||1.4554||0.6589|
|Previous Week Low (PWL)||0.6827||1.4066||0.6382|
|Top Weekly ATR (tWATR)||0.6928||1.4726||0.6514|
|Bottom Weekly ATR (bWATR)||0.6752||1.4486||0.6338|
|Other significant levels||0.6900, 0.6800||1.4600, 1.4450||0.6550, 0.6400|
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:
And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:
Got any comdoll trade ideas you’d like to share? Post ’em right here!
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