***Wednesday October 1rst*** $USDCAD $AUDUSD $USDCHF $EURUSD $GBPUSD$NZDUSD $USDJPY --> October Winners already! ***PORTFOLIO $NZDUSD $GBPUSD

General Notes:

September Results

September Winning %

September was all profit.The portfolio is off to a great start! Profits for this month are $1239.91. My winning percentage was 56% but still profitable and the total percent return on the portfolio was 13.5% in one month. Starting next week I'll be assessing the performance of the portfolio on a bi monthly basis. October 1rst, I will also be raising the risk amount to $200 per trade. I will also be making some adjustments to the trades I take. After reviewing my trades, I've noticed the vast majority of them were counter trend trades. I will be making a serious effort to trade more with the trend this coming month as I know the results will be much better than this months. My path to millions will all be documented here, trade by trade. One day family, friends and my children will look through the pages of this blog and see what it took to be successful at trading! I am pumped and have been trading better then ever lately. Starting small and will eventually get bigger and bigger, all while training my mind to get used to risking more and more! Love this game!

Market Movers Sept 29th - October 3rd:
Click here for the Week Ahead -> September 29 - Oct 3, 2014 Market Movers

The Magic Trading Portfolio's Position Sizing:

Currencies --> Risking only $100 per trade. As my risk tolerance gets larger, I will slowly start increasing my risk amount. This is how you become a consistently profitable trader.

You can follow, learn & PROFIT from The Magic Portfolio by following the members only @MagicAlerts on Twitter. I'll be sharing my thoughts on the markets, providing video lessons on trading Supply & Demand and also be sharing with followers some very exclusive stuff. You'll have to follow to find out what. I am mapping out Institutional Demand & Supply. Do your own DD and use the info whatever way you see fit. Welcome to The Magic Trading Portfolio!

How to keep updated with the blog? I tweet updates to The Magic Trading Portfolio all day live, my advice is if you have an iphone etc, turn notifications on for my account @magikev to get the updates to the portfolio. If you missed an update, just come to the blog and check on the right side where the twitter feed is located and go through the feed to see what updates you may have missed. Otherwise, subscribe to the email updates and receive them in your inbox.

Magic Ingredient:
If there is any one thing that has added more to my success than anything else, it is understanding how important it is to time the market with your trades. The key to my strategy is to time the $USD's GREEN and RED zones with the GREEN and RED zones from the setups. If they are both entering their same colored zones at around the same time then the probability of the setup working out is highest. Otherwise, currencies need to be trending upwards to take entry of setups in the GREEN zones or currencies needs to be trending downwards to take entry of setups in the RED zones.
SHADED GREEN ZONES = Strong Buy Zones

SHADED RED ZONES = Strong Sell Zones

Markets Overview (The Big Picture):

Take note of the GREEN demand zones and RED supply zones mapped out below. These are the areas of interest for me because this is where there is a great deal of demand to fill buy orders and supply to fill sell orders from the institutions. 


$USD Overview (Weekly Chart)
--> $USD is within weekly supply, could see a drop from here.

$USD Overview (Daily Chart)

--> 

Economic Data September 30 update:

Currencies:

The Million Dollar Strategy:

Chart Setup --> Chart has an 89 period EMA and an 8 period EMA, RSI indicator of 60 overbought and 40 oversold.

Buying or Selling when price enters a 240 minute area of demand/supply outlined by the green zone/red zone. First target will be opposing 240 min supply zone/demand zone and the opposing daily or weekly supply zone/demand zone.

$USDCAD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (09/23/14)

Decreased <== LONG -> 24k   SHORT -> 27K ==> Decreased

Notes: Price about to break through weekly supply.
THE SETUP ==>

$AUDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Decreased <== LONG -> 47k   SHORT -> 38K ==> Increased

Notes: Price is breaking through weekly demand zone.

THE SETUP ==> 

$USDCHF -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Decreased <== LONG -> 21k   SHORT -> 8K ==> Decreased

Notes: Looks like price will rally and make new highs.

THE SETUP ==> LONG ==> 0.94155, Stop @ 0.93985, Target 1 - 0.95175, Target 2 - 0.96585

$EURUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (09/23/14)

Decreased <== LONG -> 60k   SHORT -> 202K ==> Decreased

Notes: Price hits weekly/daily/240 demand. Trend change time?
THE SETUP ==>

$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (09/23/14)

Decreased <== LONG -> 53k   SHORT -> 54K ==> Decreased

Notes: Price just about to hit daily demand, then probably more upside.

THE SETUP ==> LONG ==> 1.6201, Stop @ 1.6146, Target 1 - 1.6202, Target 2 - 1.6416
Sept 30 -> Trade Activated
Sept 30 -> 10:30pm - moved 1rst & 2nd targets.
Oct 1 7:20am -> Closed trade @ 1.61911, too much bad data coming out for me to hold longer. Will revisit.
Oct 1 8:28am -> Reopened the position long at 1.6209. Based on price being in daily demand and should be a low risk trade. Everyone betting on the downside.

$NZDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Same <== LONG -> 9k   SHORT -> 8K ==> Decreased

Notes: Price just broke through weekly demand, may fall more.
THE SETUP ==> SHORT @ 0.78530, Stop @ 0.78864, T1 - 0.76541, T2 - 0.75092
Oct 1 -> Trade Activated

$USDJPY -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)
             Increased <== LONG -> 133k   SHORT -> 28K ==> Decreased
Notes: Hit some weekly supply, should be some downside now.

THE SETUP ==> SHORT @ 109.230, Stop @ 109.406, T1 - 107.593

$AUDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Decreased <== LONG -> 47k   SHORT -> 38K ==> Increased

Notes: Price is hitting a monthly demand zone.

THE SETUP ==> SHORT ==> 0.87475, Stop @ 0.87658, Target 1 - 0.85800, Target 2 - 0.84670
Sept 29 11:50am -> Trade Activated.

REVIEW:

Sold when i saw to much bullish strength. Good thing I did, cause it hit my stop area.

$USDJPY -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)
             Increased <== LONG -> 133k   SHORT -> 28K ==> Decreased
Notes: Even though negative data was released, price rallied.

THE SETUP: LONG ==> 109.135, Stop @ 108.915, Target 1 - 110.015

REVIEW:

Was not patient enough as price did eventually rise further over night. Price if very high on the curve now and USD is in weekly supply so dangerous play.

$NZDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Same <== LONG -> 9k   SHORT -> 8K ==> Decreased

Notes: Price just broke through weekly demand, may fall more.
THE SETUP: Idea is to jump on board this down trend.Daily and weekly demand zones have been breached leading me to believe we will see more down side. Will wait for a rally into 30 supply which is within the equilibrium, then short with 1rst target being the 240 demand zone within weekly demand below. Being that the weekly demand is not authentic and may break, 2nd target is fresh and authentic 30 demand. 

SHORT ==> 0.78160, Stop @ 0.78391, Target 1 - 0.75627, Target 2 - 0.74004

REVIEW:

So what went wrong with this trade? Well, it hit daily/weekly demand so high probability was that price goes up. Was with the trend but at the bottom of the trend.

Institutional Supply & Demand with Sam Seiden (September 26, 2014)

Click 2 Play

Great video to watch -> Will help you in your trading psychology!

Click link to watch!

***Monday September 29th*** $USDCAD $AUDUSD $USDCHF $EURUSD $GBPUSD $NZDUSD $USDJPY -> Portfolio Review ***PORTFOLIO --> $AUDUSD $USDJPY ***REVIEW => $AUDUSD

General Notes:

Four straight weeks of profit! The portfolio is off to a great start! Profits for this month were $929.11 plus I am up over $100 on the $USDJPY trade which is still open. My winning percentage was only 47% but still profitable and the total percent return on the portfolio was 11% in one month.. Starting next week I'll be assessing the performance of the portfolio on a bi monthly basis. October 1rst, I will also be raising the risk amount to $200 per trade. I will also be making some adjustments to the trades I take. After reviewing my trades, I've noticed the vast majority of them were counter trend trades. I will be making a serious effort to trade more with the trend this coming month as I know the results will be much better than this months. My path to millions will all be documented here, trade by trade. One day family, friends and my children will look through the pages of this blog and see what it took to be successful at trading! I am pumped and have been trading better then ever lately. Starting small and will eventually get bigger and bigger, all while training my mind to get used to risking more and more! Love this game!

Market Movers Sept 29th - October 3rd:
Click here for the Week Ahead -> September 29 - Oct 3, 2014 Market Movers

The Magic Trading Portfolio's Position Sizing:

Currencies --> Risking only $100 per trade. As my risk tolerance gets larger, I will slowly start increasing my risk amount. This is how you become a consistently profitable trader.

You can follow, learn & PROFIT from The Magic Portfolio by following the members only @MagicAlerts on Twitter. I'll be sharing my thoughts on the markets, providing video lessons on trading Supply & Demand and also be sharing with followers some very exclusive stuff. You'll have to follow to find out what. I am mapping out Institutional Demand & Supply. Do your own DD and use the info whatever way you see fit. Welcome to The Magic Trading Portfolio!

How to keep updated with the blog? I tweet updates to The Magic Trading Portfolio all day live, my advice is if you have an iphone etc, turn notifications on for my account @magikev to get the updates to the portfolio. If you missed an update, just come to the blog and check on the right side where the twitter feed is located and go through the feed to see what updates you may have missed. Otherwise, subscribe to the email updates and receive them in your inbox.

Magic Ingredient:
If there is any one thing that has added more to my success than anything else, it is understanding how important it is to time the market with your trades. The key to my strategy is to time the $USD's GREEN and RED zones with the GREEN and RED zones from the setups. If they are both entering their same colored zones at around the same time then the probability of the setup working out is highest. Otherwise, currencies need to be trending upwards to take entry of setups in the GREEN zones or currencies needs to be trending downwards to take entry of setups in the RED zones.
SHADED GREEN ZONES = Strong Buy Zones

SHADED RED ZONES = Strong Sell Zones

Markets Overview (The Big Picture):

Take note of the GREEN demand zones and RED supply zones mapped out below. These are the areas of interest for me because this is where there is a great deal of demand to fill buy orders and supply to fill sell orders from the institutions. 


$USD Overview (Weekly Chart)
--> $USD is within weekly supply, could see a drop from here.

$USD Overview (Daily Chart)

--> 

Economic Data September 25 update:

Currencies:

The Million Dollar Strategy:

Chart Setup --> Chart has an 89 period EMA and an 8 period EMA, RSI indicator of 60 overbought and 40 oversold.

Buying or Selling when price enters a 240 minute area of demand/supply outlined by the green zone/red zone. First target will be opposing 240 min supply zone/demand zone and the opposing daily or weekly supply zone/demand zone.

$USDCAD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (09/23/14)

Decreased <== LONG -> 24k   SHORT -> 27K ==> Decreased

Notes:
THE SETUP: Idea here is that price is hitting some fresh but not authentic supply which should cause price to retrace to the 30 min demand zone, get a bounce out and head toward the fresh and authentic 30 min supply zone, drop, then head back up to finally hit the 240 supply zone up above for a 2nd target. 

THE SETUP: LONG ==> 1.10299, Stop at 1.10035, Target 1 - 1.11210, Target 2 - 1.11890

$USDCAD Long-Term Position Trade (September 16, 2014): Idea is to open a position on the $USDCAD within daily demand zone and hold until 1.11669 area or when daily supply zone is reached.

$AUDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Decreased <== LONG -> 47k   SHORT -> 38K ==> Increased

Notes: Price is hitting a monthly demand zone.

THE SETUP: SHORT ==> 0.87475, Stop @ 0.87658, Target 1 - 0.85800, Target 2 - 0.84670
Sept 29 11:50am -> Trade Activated.

$AUDUSD Long-Term Position Trade (September 15, 2014): Idea is to open a position on the $AUDUSD within weekly demand zone and hold until 0.96000 area or when weekly supply zone is reached.

$USDCHF -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Decreased <== LONG -> 21k   SHORT -> 8K ==> Decreased

Notes: Looks like price will rally and make new highs.

THE SETUP: LONG ==> 0.94155, Stop @ 0.93985, Target 1 - 0.95175, Target 2 - 0.96585

$EURUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (09/23/14)

Decreased <== LONG -> 60k   SHORT -> 202K ==> Decreased

Notes: Price hits weekly/daily/240 demand. Trend change time?
THE SETUP: 

THE SETUP: SHORT ==> 1.28268, Stop @ 1.28538, Target 1 - 1.27073

$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (09/23/14)

Decreased <== LONG -> 53k   SHORT -> 54K ==> Decreased

Notes: Price just about to hit daily demand, then probably more upside.
THE SETUP: 

THE SETUP:  LONG ==> 1.6201, Stop @ 1.6146, Target 1 - 1.6374, Target 2 - 1.6462

$NZDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/23/14)

Same <== LONG -> 9k   SHORT -> 8K ==> Decreased

Notes: Price just broke through weekly demand, may fall more.
THE SETUP: Idea is to jump on board this down trend.Daily and weekly demand zones have been breached leading me to believe we will see more down side. Will wait for a rally into 30 supply which is within the equilibrium, then short with 1rst target being the 240 demand zone within weekly demand below. Being that the weekly demand is not authentic and may break, 2nd target is fresh and authentic 30 demand. 

SHORT ==> 0.78160, Stop @ 0.78391, Target 1 - 0.75627, Target 2 - 0.74004

$USDJPY -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)
             Increased <== LONG -> 133k   SHORT -> 28K ==> Decreased
Notes: Even though negative data was released, price rallied.

THE SETUP: LONG ==> 109.135, Stop @ 108.915, Target 1 - 110.015

$USDJPY -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)

Increased <== LONG -> 120k   SHORT -> 37K ==> Increased

THE SETUP: 

SHORT ==> 108.798, Stop @ 108.975, Target 1 - 107.593, Target 2 - 106.475
Sept 24 -> Trade Activated
Sept 24 -> Trade Closed for profit ($USD strength)

$EURUSD

LONG ==> 1.27855, Stop @ 1.27470, T1 - 1.28454, T2 - 1.29088

September 24 -> Trade Activated

Sept 24 -> Stopped out. (counter trend)

$AUDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)

Decreased <== LONG -> 55k   SHORT -> 33K ==> Increased

Notes: Price is hitting a monthly demand zone.
THE SETUP #2: SHORT at 30 min supply zone, Stop at 0.89193, Target 1 - 0.87840 

Notes: The Aussie, is bouncing off of a RBR 240 demand with a low RSI, idea is to short at the 30 min supply zone and catch the trend downwards to the next fresh 30 min demand zone below. 30 supply is within a 240 supply DBD as well. Price has broken through some weekly demand and seems to want to continue heading downward. Entry will be close to the equilibrium so higher risk here, but trade makes sense to me.

Sept 23 12:19am -> Trade Activated, short at 0.89044, stop @ 0.89185, target 1 - 0.87845
Sept 23 1am -> Stop hit

REVIEW: Price respected 240 supply instead of the 30 supply. Might have been to close the 30 supply.

$NZDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)

Decreased <== LONG -> 9k   SHORT -> 8K ==> Increased

Sept 17 (7:40pm) -> Trade Activated, Long @ 0.80948, Stop @ 0.80855, Target 1 - 0.82565, Target 2 - 0.83750 (notice 240 RSI is weak, so will need a pullback to make new highs.)

Sept 19 (8:30am) - 240 RSI dip above 40 RSI - new highs.

$AUDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. (09/16/14)

Decreased <== LONG -> 55k   SHORT -> 33K ==> Increased

Notes: Price is hitting a monthly demand zone.
THE SETUP: 

Sept 22-> Trade Activated, Long ==> 0.88600, Stop at 0.88370, T1 - 0.89015
Sept 22 -> Trade closed for profit. (screwed up the trade)

Sept 22 9:45pm -> good China data came out and made price rally.

Institutional Supply & Demand with Sam Seiden (September 26, 2014)

Click 2 Play

Great video to watch -> Will help you in your trading psychology!

Click link to watch!