Comdoll Trading Kit (Aug. 15-19, 2016): Forex Market Preview

Top-tier reports from New Zealand and crude oil price action could leave the comdolls tossing and turning throughout the week. Better keep tabs on these events and levels!

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7657 1.2952 0.7189
Previous Week High (PWH) 0.7755 1.3160 0.7322
Previous Week Low (PWL) 0.7588 1.2912 0.7080
Top Weekly ATR (tWATR) 0.7745 1.3082 0.7285
Bottom Weekly ATR (bWATR) 0.7570 1.2823 0.7093
Other significant levels 0.7700, 0.7600 1.3000, 1.2900 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: 1-hour

USD/CAD 4-hour Forex Chart

USD/CAD 1-hour Forex Chart

NZD/USD: 4-hour

NZD/USD 4-hour Forex Chart

NZD/USD 4-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 Calendar

Forex 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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