Comdoll Trading Kit (Aug. 8-12, 2016): Forex Market Preview

Will the trend be my friend for the comdolls this week? Here are the upcoming events, potential inflection points, and trade setups I’m watching!

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7621 1.3180 0.7137
Previous Week High (PWH) 0.7664 1.3200 0.7257
Previous Week Low (PWL) 0.7490 1.2995 0.7122
Top Weekly ATR (tWATR) 0.7710 1.3311 0.7231
Bottom Weekly ATR (bWATR) 0.7532 1.3049 0.7043
Other significant levels 0.7600, 0.7500 1.3100, 1.3000 0.7200, 0.7100

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 Forex Chart

USD/CAD: 4-hour

USD/CAD 4-hour Forex Chart

USD/CAD 4-hour Forex Chart

NZD/USD: 1-hour

NZD/USD 1-hour Forex Chart

NZD/USD 1-hour Forex Chart

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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