I've added video lesson at the bottom of the Portfolio Blog. So do yourself a favour and start watching and learn as much as you can! You can have it all if you trade like the institutions do. Money, freedom, the ability to travel anywhere at any time, nice homes and fast cars. All it takes is dedication and hard work! Don't you just love trading? You can be anywhere in the world and still be able to make $$$, but only if you trade alongside the institutions with Supply & Demand! If so you can be chillin somewhere down south where it's warm as opposed to some of us in the cold of winter. Planning a trip to Florida after Christmas with the family and the laptop is coming with me! The BOE meeting minutes contrasted the Inflation Report and therefore created a less Dovish sentiment for the $GBPUSD. As I have mentioned before, what a coincidence that this happened. Price hit weekly demand and all of a sudden the Pound is less Dovish. I showed you articles being written about why the Pound is about to fall and instead we made money on the long side. Supply & Demand is the bottom line! Ignore the rest. Congrats to those who are profiting with me. Blue Skies up ahead! Also I have added a cross pair setup below and going forward will be posting any good cross pair setups I find.
Watch the latest INSTITUTIONAL SUPPLY & DEMAND Outlook Video!
Click here for the Week Ahead -> Dec 1 - 5, 2014 Market Movers
The Magic Trading Portfolio's Position Sizing:
Currencies --> Risking only $125 per trade. As my risk tolerance gets larger, I will slowly start increasing my risk amount. 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!
If there is any one thing that has added more to my success than anything else, it is understanding how
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones
Markets Overview (The Big Picture):
Perception of Monetary Standing: HAWKISH
--> $USD looks to want to break through this weekly supply zone which it could very well do since this supply was not an authentic zone. The zone above is authentic.
$USD Overview (Daily Chart)
--> Some nice supply just above this daily supply zone we are heading up through.
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The Million Dollar Strategy:
Chart Setup --> Chart has an 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.
Decreased <== LONG -> 48k SHORT -> 32K ==> Same
Notes: Price is hit some daily demand and is no heading back upwards toward weekly supply.
$AUDUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (11/25/14)
Increased <== LONG -> 12k SHORT -> 56K ==> Increased
Perception of Monetary Standing: DOVISH
Notes: Price is slowly making it's way toward daily demand @ 0.8415
THE SETUP ==>
Video Link ==>
Notes: Price is slowly making it's way toward daily demand @ 0.8415
Same <== LONG -> 31k SHORT -> 8K ==> Decreased
Perception of Monetary Standing: NUETRAL
Notes: Price is consolidating up at the highs. Waiting for a direction to go.
Notes: Price is consolidating up at the highs. Waiting for a direction to go.
Decreased <== LONG -> 57k SHORT -> 223K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Price hit weekly demand at 1.24's and now we could start seeing a move to the upside.
THE SETUP ==>
Video Link ==>
Notes: Price hit weekly demand at 1.24's and now we could start seeing a move to the upside.
Video Link ==>
Decreased <== LONG -> 38k SHORT -> 69K ==> Increased
Notes: The pound has just breached the Monthly demand zone but hit weekly demand. I believe we will see a bounce from here.
$USDJPY -> Commitment Of Traders Report: Institutional traders are VERY LONG biased. (11/25/14)Increased <== LONG -> 150k SHORT -> 46K ==> Same
Perception of Monetary Standing: DOVISH
Notes: Hit some weekly supply and I am expecting some downwards movement.
Same <== LONG -> 9k SHORT -> 11K ==> Increased
Notes: Price is consolidating around weekly demand. Also just hit some daily demand so we may see more upside.
The 30 Minute Chart 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 30 minute area of demand/supply outlined by the green zone/red zone. First target will be opposing 30 min supply zone/demand zone.
The 240 Minute Chart Strategy: 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.
Institutional Supply & Demand Outlook.
Institutional Supply & Demand Outlook.
Institutional Supply & Demand Outlook.
Institutional Supply & Demand Outlook.
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| Month of November 1rst - 28th (Based on $125 Risk Per Trade) |
THE SETUP ==> Long @ 2.0015, SL @ 1.9931, T1 - 2.0227, T2 - 2.0351
Video Link ==> Trade Setup
Nov 28 -> Trade close, stop hit.
Trade Review ==> Click 2 Review
$EURAUD ->
THE SETUP ==> short @ 1.4530, SL @ 1.4564, T1 - 1.4450, T2 - 1.4279
$GBPAUD ->
THE SETUP ==> Short 2 1.8302, SL @ 1.8365, T1 - 1.8193, T2 - 1.8037
$AUDNZD ->
THE SETUP ==> Long @ 1.0961, SL @ 1.0930, T1 - 1.1002, T2 - 1.1037
Nov 19 -> Trade Activated
Nov 21 -> T1 hit, moved stop to 1.0940
Decreased <== LONG -> 40k SHORT -> 53K ==> Increased
Notes: The pound has just breached the Monthly demand zone but hit weekly demand. I believe we will see a bounce from here.
Nov 14 -> Trade Activated.
Nov 14 -> T1 Hit
Nov 16 -> Added to my position @ 1.5640 (new targets & stop outlined below)
Nov 21 -> Trade closed for profits @ 1.56485
Trade Review ==> Click 2 Review
$AUDUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (11/11/14)
Increased <== LONG -> 12k SHORT -> 50K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: The Aussie hit weekly demand that is not authentic but fresh so this level should not hold. Now consolidating sideways and then should drop and break through the weekly demand zone area and head to at least daily demand at 0.84000.
THE SETUP ==> Short @ 0.8790, SL @ 0.8811, T1 - 0.8707, T2 - 0.8635
Video Link ==> THE SETUP
Nov 17 -> Trade Activated.
Nov 17 -> 1rst target moved to 0.8731 (may get a bounce from here)
Nov 17 -> target 1 hit over night.
Nov 17 -> closed trade for profits @ 0.87195
Trade Review -> Click 2 Review
Notes: The Aussie hit weekly demand that is not authentic but fresh so this level should not hold. Now consolidating sideways and then should drop and break through the weekly demand zone area and head to at least daily demand at 0.84000.
Nov 17 -> Trade Activated.
Nov 17 -> 1rst target moved to 0.8731 (may get a bounce from here)
Nov 17 -> target 1 hit over night.
Nov 17 -> closed trade for profits @ 0.87195
Trade Review -> Click 2 Review
$NZDUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (11/04/14)
Increased <== LONG -> 9k SHORT -> 13K ==> Increased
Notes: Price is consolidating around weekly demand. Also just hit some daily demand so we may see more upside.
Nov 12 -> Trade Activated.
Nov 12 -> 10pm Trade Closed - stop hit
Increased <== LONG -> 43k SHORT -> 50K ==> Increased
Notes: The pound has just breached the Monthly demand zone but is falling into daily/240 demand. I think we will see a bounce from here.
Nov 13 -> stopped out
Trade Review -> Click 2 Review
Increased <== LONG -> 43k SHORT -> 50K ==> Increased
Notes: The pound has just breached the Monthly demand zone but is falling into daily/240 demand. I think we will see a bounce from here.
Nov 7 -> Trade Activated
Nov 10 -> Trade Closed
Trade Review -> Click 2 Review
Decreased <== LONG -> 109k SHORT -> 39K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Hit some weekly supply and dropped and hit daily/weekly demand, now price is heading back up but right into weekly supply at 109.01 - 110.08. RSI will show negative divergence when price gets up there so we could see more downside towards weekly demand at 104.46. Institutions took profits on their long position at the 110.000 area as per COT Report.
Nov 10 -> Trade Activated
Nov 10 -> 11:35pm Stop Hit.
Trade Review -> Click 2 Review
Great video to watch -> Will help you in your trading psychology!
Click link to watch!
Supply & Demand Application
Understanding the creation of Candle Sticks
Fresh Levels and Profit Zones
Understanding the creation of Candle Sticks
Fresh Levels and Profit Zones
