Comdoll Trading Kit (Mar. 4-7, 2016): Forex Market Preview

Heads up, forex friends! We’ve got two central bank events lined up for the comdolls this week so don’t forget to mark these potential inflection points.

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7406 1.3335 0.6796
Previous Week High (PWH) 0.7443 1.3588 0.6820
Previous Week Low (PWL) 0.7109 1.3317 0.6566
Top Weekly ATR (tWATR) 0.7496 1.3470 0.6883
Bottom Weekly ATR (bWATR) 0.7316 1.3200 0.6709
Other significant levels 0.7200, 0.7300 1.3400, 1.3300 0.6900, 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. Here are some of the comdoll forex setups I’m looking at this week:

AUD/USD: Daily

AUD/USD Daily Chart

AUD/USD Daily Chart

USD/CAD: Daily

USD/CAD Daily Chart

USD/CAD Daily Chart

NZD/USD: 4-hour

NZD/USD 4-hour 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

Don’t forget to check out our risk disclosure when taking any of these setups. Got any comdoll trade ideas you’d like to share? Post ’em right here!

Cheers,

Happy time

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