General Notes:
The Portfolio results have been posted. The winning percentage went up to 60% which is great, but the average win amount went down. Take a look at the figures below for more details. #CAD wholesale sales data out, last time it was good news so probably the same this time. Plus we are in supply, so wouldn't be surprised. I've added many trade reviews on the YouTube channel that you should check out if you want to learn some valuable lessons. I know I have, and I will do my best to not repeat these mistakes again! This past week has unfolded as planned, the $USD fell from supply as expected and the $EUR flew high from demand. I think we hit the top of the $USD and $JPY but the next couple weeks will prove it. Like I said in my Supply & Demand Outlook video, i'd prefer to see another rally from the $USD but the way we dropped is indicative of more downside coming. I am short biased for now on the $USD and will continue to trade the opportunities I find! I've added video lessons 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!
Watch the latest INSTITUTIONAL SUPPLY & DEMAND Outlook Video!
Click here for the Week Ahead -> Dec 15 - 19, 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!
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:
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. 
Perception of Monetary Standing: HAWKISH
--> $USD entering a lot of supply on the weekly chart & the monthly chart as well!.
--> US Dollar hitting tons of supply.
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The Chart Setup:
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.
Increased <== LONG -> 48k SHORT -> 32K ==> Increased
Notes: Price is inside Weekly Supply!
$AUDUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (12/02/14)
Increased <== LONG -> 26k SHORT -> 61K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Price is slowly making it's way toward daily demand @ 0.8000
THE SETUP ==>
Video Link ==>
Notes: Price is slowly making it's way toward daily demand @ 0.8000
Decreased <== LONG -> 22k SHORT -> 18K ==> Increased
Perception of Monetary Standing: NUETRAL
Notes: Hitting daily/weekly demand and heading upwards.
Notes: Hitting daily/weekly demand and heading upwards.
Decreased <== LONG -> 56k SHORT -> 182K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Price hit daily/weekly supply and is heading downwards.
THE SETUP ==>
Video Link ==>
Notes: Price hit daily/weekly supply and is heading downwards.
Video Link ==>
Same <== LONG -> 37k SHORT -> 52K ==> Decreased
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. (12/16/14)Decreased <== LONG -> 132k SHORT -> 45K ==> Increased
Perception of Monetary Standing: DOVISH
Notes: Hit some weekly supply and is making the move down.
Same <== LONG -> 9k SHORT -> 10K ==> Same
Notes: Price is hitting daily supply and should head down.
$GBPCAD
THE SETUP ==> Short @ 1.8272, SL @ 1.8348, T1 - 1.8020
Video Link ==>
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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| December 1 - 15 Results (Based on $125 Risk Per Trade) |
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| November 1rst - 28th Results (Based on $125 Risk Per Trade)
Same <== LONG -> 38k SHORT -> 69K ==> Same
Perception of Monetary Standing: HAWKISH
Notes: The pound has just breached the Monthly demand zone but hit weekly demand. I believe we will see a bounce from here.
THE SETUP ==> Long @ 1.5560, SL @ 1.5535, T1 - 1.5591, T2 - 1.5694
Video Link ==>
Dec 17 - Trade Activated
Dec 18 - T1 hit
Dec - 19 - took partial profits at 1.5668
Trade Review - Review
Decreased <== LONG -> 46k SHORT -> 28K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Price is inside Weekly Supply!
THE SETUP ==> Short @ 1.16550, SL @ 1.1675, T1 - 1.1601, T2 - 1.1572
Video Link ==>
Dec 16 - Trade Activated
Dec 16 - moved T2 to 1.1491
Dec 18 - target 1 hit
Dec 19 - closed position for profits (bad CPI data out)
Trade Review - Review
Decreased <== LONG -> 57k SHORT -> 216K ==> Decreased
Perception of Monetary Standing: DOVISH
Notes: Price hit daily/weekly supply and is heading downwards. Video Link ==>Dec 18 - Trade Activated Dec 18 - T1 hit Dec 19 - stop hit (small loss only) Trade Review - Review $GBPCAD
THE SETUP ==> Short @ 1.8179, SL @ 1.8231, T1 - 1.8073, T2 - 1.7945
Video Link ==> Setup Video Lesson 1
Dec 12 - Trade Activated Dec 14 - moved stop to 1.8252 Dec 15 - moved stop to 1.8209, T1 - 1.8095, T2 - 1.7964 Dec 15 - stopped out Trade Review - Review 
$EURAUD
THE SETUP ==> Short @ 1.4917, SL @ 1.4947, T1 - 1.4854, T2 - 1.4732
$GBPCHF
$EURAUD
THE SETUP ==> Short @ 1.4911, SL @ 1.4943, T1 - 1.4848, T2 - 1.4726
Same <== LONG -> 38k SHORT -> 69K ==> Same
Perception of Monetary Standing: HAWKISH
Notes: The pound has just breached the Monthly demand zone but hit weekly demand. I believe we will see a bounce from here.
THE SETUP ==> Short @ 1.5675, SL @ 1.5697, T1 - 1.5655, T2 - 1.5636
Video Link ==> Review
Dec 9 => Targets hit
Same <== LONG -> 9k SHORT -> 10K ==> Decreased
Perception of Monetary Standing: HAWKISH
Notes: Price is consolidating around weekly demand. Also just hit some daily demand so we may see more upside.
THE SETUP ==> Long @ 0.7740, SL @ 0.7706, T1 - 0.7775, T2 - 0.7868
Video Link ==> Review
Dec 3 => Trade Activated
Dec 4 => T1 hit
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$EURUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. (11/25/14)
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 ==> Long @ 1.2342, SL @ 1.2282, T1 - 1.2442
Video Link ==> Review
Dec 3 => Trade Activated
Dec 4 => stopped out, but direction called perfectly. Stop too close. Lesson learned.
Trade Review => Click 2 Review
$CADJPY
THE SETUP ==> Short @ 104.61, SL @ 105.56, T1 - 103.52, T2 - 102.44
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
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