Comdoll Trading Kit (Apr. 18-22, 2016): Forex Market Preview

Market risk sentiment could continue to push the comdolls around this week so make sure you look at these upcoming catalysts and potential inflection points. Lemme know your thoughts on these trade setups, too!

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7634 1.2955 0.6874
Previous Week High (PWH) 0.7737 1.3016 0.6943
Previous Week Low (PWL) 0.7528 1.2742 0.6751
Top Weekly ATR (tWATR) 0.7729 1.3102 0.6964
Bottom Weekly ATR (bWATR) 0.7539 1.2809 0.6784
Other significant levels 0.7700, 0.7500 1.3000, 1.2900 0.6800, 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: 1-hour

AUD/USD 4-hour Forex Chart

AUD/USD 1-hour Chart

USD/CAD: 4-hour

USD/CAD 1-hour Chart

USD/CAD 1-hour Chart

NZD/USD: 4-hour

NZD/USD Daily Chart

NZD/USD Daily 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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