I’m watching these short-term channels on AUD/USD, USD/CAD, and NZD/USD to see if the trend will be my friend this week, even with these top-tier events lined up. Take a look!
Significant Forex Levels to Watch
|Week Open (WO)||0.7568||1.2989||0.7279|
|Previous Week High (PWH)||0.7616||1.3148||0.7360|
|Previous Week Low (PWL)||0.7490||1.2979||0.7204|
|Top Weekly ATR (tWATR)||0.7649||1.2993||0.7370|
|Bottom Weekly ATR (bWATR)||0.7486||1.2870||0.7189|
|Other significant levels||0.7600, 0.7500||1.3000, 1.2900||0.7200, 0.7300|
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:
If you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:
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!
See also: Q2 2016 Trading Performance Review