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Dollar domination still seems to be the biggest theme in the forex market these days, with the risk-off environment and Fed rate hike bets. Here are the setups I’m watching.

Significant Forex Levels to Watch




Week Open (WO) 0.7111 1.3322 0.6531
Previous Week High (PWH) 0.7159 1.3349 0.6588
Previous Week Low (PWL) 0.7016 1.3225 0.6501
Top Weekly ATR (tWATR) 0.7200 1.3430 0.6626
Bottom Weekly ATR (bWATR) 0.7022 1.3215 0.6437
Other significant levels 0.7000, 0.7100 1.3300, 1.3200 0.6500, 0.6400

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.

I’ve got my eyes locked on these short-term trend setups on the comdolls, and of course my open trade on USD/CAD:

AUD/USD: 1-hour

AUD/USD 1-hour Forex Chart
AUD/USD 1-hour Chart

USD/CAD: 1-hour

USD/CAD 1-hour Chart
USD/CAD 1-hour Chart

NZD/USD: 1-hour

NZD/USD 1-hour Chart
NZD/USD 1-hour 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

Got any comdoll trade ideas you’d like to share? Post ’em right here!


Happy time

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