Comdoll Trading Kit (Sept. 19-23, 2016): Market Preview

It’s FOMC week, fellas! We might be in for big moves on AUD/USD, USD/CAD, and NZD/USD so don’t forget to look at these potential inflection points and setups.

Significant Forex Levels to Watch

AUD/USD

USD/CAD

NZD/USD

Week Open (WO) 0.7481 1.3223 0.7260
Previous Week High (PWH) 0.7568 1.3248 0.7364
Previous Week Low (PWL) 0.7442 1.3028 0.7234
Top Weekly ATR (tWATR) 0.7560 1.3339 0.7347
Bottom Weekly ATR (bWATR) 0.7402 1.3108 0.7173
Other significant levels 0.7600, 0.7450 1.3300, 1.3150 0.7300, 0.7200

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: 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 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

See also: Q2 2016 Trading Performance Review