Thursday, February 26, 2015

***Monday March 2nd*** CFTC COT Report is here!!! #AUD short seems the way to go!!! *** PORTFOLIO HOLDINGS =>

General Notes:
Had some issues with malware over the weekend so was dealing with that as opposed to working on the blog. Will have updates in soon! #gbpusd got out of that at the perfect time, reacting from the weekly supply zone now -> LINK. A possible scenario on GOLD happening right now, where the trend line broke to hit supply and continue a deeper drop. Take a look  here -> LINK. Finally some news to propel price in all the majors. Where did the momentum move towards? Well, price is moving in the direction the portfolio has been suggesting these last couple weeks! So congrats to those banking from the info provided within this blog! You guys are very lucky to get such accurate detailed info to base your trades off of, if I may so say! #GBPUSD continues on up as i write this and target is in clear sight! Posted a couple videos, one on GOLD and the other breaking down the Supply & Demand for the majors! Been working on some futures charts. Opened a GOLD position but didn't give out any alerts on it -> Link. Check it out! Patience, Patience, Patience!!! Trade reviews are so helpful in looking back to see what I missed and why I missed it. You have to become better with each lesson or else you'll make the same mistakes over and over again. The COT report shows that the Hedge Funds are adding reducing long positions on the USDJPY, EURUSD and GBPUSD. 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! 

Market Movers:

The Magic Trading Portfolio's Position Sizing
Currencies --> Risking only $150 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!

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 US Dollar 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 the US Dollar and the $USDCAD, $USDCHF or $USDJPY are both entering their same coloured zones at around the same time or if the US Dollar and the $EURUSD, $GBPUSD, $AUDUSD or $NZDUSD are both entering the opposite coloured zones then the probability of the setup working out is highest. 
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones

SUPPLY & DEMAND ZONES
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 (THE BIG PICTURE)
Perception of Monetary Standing: HAWKISH 
--> $USD broke through supply and has room to head up even higher.

$USD OVERVIEW (DAILY)
--> US Dollar uptrend line broke and created a supply zone. Could see a drop from here.












$USDCAD -> Commitment Of Traders Report: Institutional traders are LONG biased. (02/17/15)
Decreased <== LONG -> 52k   SHORT -> 19K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Trend is up on the monthly, up on the weekly and consolidating on the daily chart.
THE SETUP: 
Video Link ==> 

$AUDUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (02/17/15)
Increased <== LONG -> 17k   SHORT -> 71K ==> Increased
Perception of Monetary Standing:  NUETRAL => DOVISH 
Notes: Trend is down on the monthly, down on the weekly and consolidating on the daily chart.
THE SETUP: Feb 24 (10:00pm) -> LONG @ 0.7831, SL @ 0.7802, T1 - 0.7893, T2 - 0.8158, T3 - ? -> Setup
Video Link ==>
Feb 26 (8am) -> trade setup canceled, missed entry by pips.
Feb 26 (11:15am) -> Trade Activated, in long @ 0.7827 -> LINK
Feb 26 (12:22pm) -> Stop hit.
Trade Review -> https://www.tradebench.com/share_trade/5df56c7b05d95834d2c9b67b42c247e0


$USDCHF -> Commitment Of Traders Report: Institutional traders are LONG biased. (02/17/15)
Decreased <== LONG -> 10k   SHORT -> 4K ==> Decreased
Perception of Monetary Standing: NUETRAL => DOVISH
Notes: Trend is down on the monthly, down on the weekly and down on the daily chart. 
THE SETUP:
Video Link ==> 

$EURUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (02/17/15)
Same <== LONG -> 47k   SHORT -> 232K ==> Decreased
Perception of Monetary Standing: VERY DOVISH
Notes: Trend is down on the monthly, down on the weekly and consolidating on the daily chart.
THE SETUP: 
Video Link ==>

$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (02/17/15)
Increased <== LONG -> 42k   SHORT -> 71K ==> Decreased
Perception of Monetary Standing: NUETRAL
Notes: Trend is down on the monthly, consolidating on the weekly and up on the daily chart.
THE SETUP: LONG @ 1.5378, SL @ 1.5308, T1 - 1.5543
Video Link ==> 
Feb 20 -> Trade Activated
Feb 25 (9:12pm) -> closed trade for profits.
Trade Review -> https://www.tradebench.com/share_trade/ab72b5e6cb7b2a5b73702788498e8d1e

$USDJPY -> Commitment Of Traders Report: Institutional traders are VERY LONG biased. (02/17/15)
                  Decreased <== LONG -> 80k   SHORT -> 31K ==> Increased
Perception of Monetary Standing: DOVISH
Notes: Trend is up on the monthly, up on the weekly and up on the daily chart.
THE SETUP: Feb 17 (1:22pm) SHORT @ 120.01, SL @ 120.64, T1 - 118.96, T2 - 117.69
Video Link ==>

$NZDUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (02/17/15)
Increased <== LONG -> 10k   SHORT -> 15K ==> Same
Perception of Monetary Standing: HAWKISH => NUETRAL 
Notes: Trend is down on the monthly, down on the weekly and up on the daily chart.
THE SETUP: 
Video Link ==> 




$CADJPY ->
Notes: Monthly demand is in control so longs are the way to go.
THE SETUP: LONG @ 94.71, SL @ 94.10, T1 - 95.92, T2 - 97.62, T3 - ?
   Video Link ==> 
Feb 26 (2:50pm) -> trade canceled for now. Want to see a break of 240 supply to go long.
$AUDNZD ->
Notes: All time lows but daily supply taken out and trending up on the 240.
THE SETUP: LONG @ 1.0369, SL @ 1.0344, T1 - 1.0420, T2 - 1.0658, T3 - ?
   Video Link ==> 
Feb 26 (8am) -> trade setup canceled, missed entry by pips.

Institutional Supply & Demand Outlook.
Notes: Price is in a down trend on the monthly, up trending on the weekly and down trending on the daily chart.
THE SETUP: 
Video Link ==> The Setup

Institutional Supply & Demand Outlook.
Notes: Price is in a down trend on the monthly, weekly and consolidating on the daily chart. Price has hit monthly demand.
THE SETUP: 
Video Link ==> 

Institutional Supply & Demand Outlook.
Notes: Price is in a down trend on the monthly, down trend on the weekly and up trend on the daily chart. 
THE SETUP: 
Video Link ==> 

Institutional Supply & Demand Outlook.
Notes: Price is in a down trend on the monthly, down trend on the weekly and up trend on the daily chart.
THE SETUP: 
Video Link ==> 



$AUDUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (02/17/15)
Increased <== LONG -> 17k   SHORT -> 71K ==> Increased
Perception of Monetary Standing:  NUETRAL => DOVISH 
Notes: Trend is down on the monthly, down on the weekly and consolidating on the daily chart.
THE SETUP: Feb 24 (10:00pm) -> LONG @ 0.7831, SL @ 0.7802, T1 - 0.7893, T2 - 0.8158, T3 - ? -> Setup
Video Link ==>
Feb 26 (8am) -> trade setup canceled, missed entry by pips.
Feb 26 (11:15am) -> Trade Activated, in long @ 0.7827 -> LINK
Feb 26 (12:22pm) -> Stop hit.
Trade Review -> https://www.tradebench.com/share_trade/5df56c7b05d95834d2c9b67b42c247e0


$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (02/17/15)
Increased <== LONG -> 42k   SHORT -> 71K ==> Decreased
Perception of Monetary Standing: NUETRAL
Notes: Trend is down on the monthly, consolidating on the weekly and up on the daily chart.
THE SETUP: LONG @ 1.5378, SL @ 1.5308, T1 - 1.5543
Video Link ==> 
Feb 20 -> Trade Activated
Feb 25 (9:12pm) -> closed trade for profits.
Trade Review -> https://www.tradebench.com/share_trade/ab72b5e6cb7b2a5b73702788498e8d1e


$NZDUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (02/17/15)
Increased <== LONG -> 10k   SHORT -> 15K ==> Same
Perception of Monetary Standing: HAWKISH => NUETRAL 
Notes: Trend is down on the monthly, down on the weekly and up on the daily chart.
THE SETUP: LONG @ 0.7525, SL @ 0.7507, T1 - 0.7563, T2 - 0.7628
Video Link ==> 
Feb 19 (4:35am) -> Trade Activated
Feb 23 (2:09am) -> Stopped out.
Trade Review -> https://www.tradebench.com/share_trade/ba2401898b8da9c7e5c3a9db4c1a700b

$GBPCAD ->
Notes: All time frames trend is up except daily in consolidation.
THE SETUP: Feb 17 (8:50pm) -> Short @ 1.9136, SL @ 1.9250, T1 - 1.8997, T2 - 1.8675 -> Setup
   Video Link ==> Trade Review
Feb 18 -> Trade Activated and stop hit. Positive GBP news caused the break.

$CADJPY ->
Notes: Price is reacting from Monthly demand and holding up trend line, Weekly is down but reacting from weekly demand area,daily down trend line must be broken and daily valid supply has been penetrated. On the 240 chart we have an established up trend with a valid 240 demand zone for entry long. First target is at 2:1 for 1/3 position to protect position 2nd 1/3 is at opposing daily valid supply, 3rd target will be a profit runner, moving stops below valid 240 demand zones.
THE SETUP: Feb 3 (6:40pm) LONG @ 93.44, SL 2 93.05, T1 - 94.26, T2 - 97.66 link
Video Link ==> Trade Review
Feb 4 (10:31am) -> Trade Activated
Feb 4 -> stop hit, but made the move without me.
Review -> https://www.tradebench.com/share_trade/2ab7e2ffeca0439eacfa8ba6064125f4

$AUDUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (01/27/15)
Increased <== LONG -> 16k   SHORT -> 65K ==> Increased
Perception of Monetary Standing: DOVISH => NUETRAL
Notes: Trend is down on the monthly, weekly and daily charts.
THE SETUP: SHORT @ 0.8019, SL @ 0.8055, T1 - 0.7944, T2 - 0.7866, T3 - ?
Video Link ==> Trade Review
Jan 28 -> Trade activated and T1 hit.
Jan 29 -> T2 has been hit and T3 is at 0.7664, stop now moved above valid 240 supply http://my.jetscreenshot.com/demo/20150129-nqck-101kb
Feb 2 -> stop moved above valid 240 supply zone. http://my.jetscreenshot.com/demo/20150203-i055-113kb
Feb 3 (1:15pm) -> Stop hit http://my.jetscreenshot.com/demo/20150203-d4ud-112kb
Review -> https://www.tradebench.com/share_trade/f5e16c4658c851284fc3e1ca767c4e35

$NZDUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (01/27/15)
Increased <== LONG -> 11k   SHORT -> 15K ==> Increased
Perception of Monetary Standing: HAWKISH => NUETRAL
Notes: Trend is down on the monthly, down on the weekly consolidating on the daily chart.
THE SETUP: Feb 3 (11:40am) -> SHORT @ 0.72998, SL @ 0.7327, T1 - 0.7243, T2 - 0.7054, T3 - ?
Video Link ==> Trade Review
Feb 2 8:44pm -> Canceling the setup and price looks too strong at this point, may look at daily supply for the short instead.
Feb 3 -> New Trade activated http://my.jetscreenshot.com/demo/20150203-w3lb-176kb
Feb 3 -> new trade stopped out.
Review -> https://www.tradebench.com/share_trade/3c4cfedd56cf5c9ddf6881e1d91ddd0a

$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. (01/27/15)
Increased <== LONG -> 38k   SHORT -> 83K ==> Increased
Perception of Monetary Standing: NUETRAL
Notes: Trend is down on the monthly chart, down on the weekly chart. Price broke the down trend on the daily. Possible upside from here.
THE SETUP: Long @ 1.5014, SL @ 1.4966, T1 - 1.5110, T2 - 1.5282, T3 - ?
Video Link ==> Trade Review
Jan 30 -> Trade Activated
Feb 2 (11:33pm) - closed trade for profits. Not liking price action, so taking my profits before its a loss.
Review -> https://www.tradebench.com/share_trade/f54f0142cd4524bb229dd308c99437fc


$EURNZD ->
Notes: Daily trend is up, weekly is down and monthly is down. Shorting at weekly supply which is valid.
THE SETUP: Short @ 1.5593, SL @ 1.5691, T1 - 1.5397, T2 - 1.4971, T3 -?
Video Link ==> Trade Review
Jan 29 - Trade Activated
Feb 2 - stopped out.
Review -> https://www.tradebench.com/share_trade/c1a31ffc638bbaf2d2ac95ad1fad6fb6



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