What’s up, forex buddies? I’m hoping to catch another win after my AUD/JPY trade so I’m keeping close tabs on these inflection points and upcoming events. Do you think the risk-off environment and commodity price drops will carry on this week?
Significant Forex Levels to Watch
|Week Open (WO)||0.6964||1.4162||0.6560|
|Previous Week High (PWH)||.7302||1.4170||0.6840|
|Previous Week Low (PWL)||0.6963||1.3870||0.6543|
|Top Weekly ATR (tWATR)||0.7052||1.4270||0.6648|
|Bottom Weekly ATR (bWATR)||0.6877||1.4054||0.6473|
|Other significant levels||0.6950, 0.6850||1.4100, 1.4000||0.6600, 0.6500|
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:
And if you’re planning on trading the news for the comdolls, better mark these events on your economic calendars as well:
Got any comdoll trade ideas you’d like to share? Post ’em right here!
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