Comdoll Trading Kit (Jan. 25-29, 2016): Forex Market Preview

Is risk appetite back on? Or are we just seeing corrections? In any case, better mark these potential forex inflection points and upcoming top-tier events this week!

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7003 1.4151 0.6491
Previous Week High (PWH) 0.7046 1.4690 0.6559
Previous Week Low (PWL) 0.6829 1.4115 0.6348
Top Weekly ATR (tWATR) 0.7091 1.4282 0.6578
Bottom Weekly ATR (bWATR) 0.6915 1.4020 0.6404
Other significant levels 0.7100, 0.6900 1.4200, 1.4000 0.6500, 0.6350

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: Daily

USD/CAD Daily Forex Chart

USD/CAD Daily 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

Other Popular Articles:   

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