THE MAGIC TRADING PORTFOLIO: ***Thursday Feb 19th*** #EUR #GBP #CAD data out!!! Ready for a #GOLD bounce? *** PORTFOLIO HOLDINGS => #GBPUSD #NZDUSD

General Notes:

Been working on some futures charts for a video this weekend. Breaking down Gold and Oil etc for some detailed analysis. Check it out! Otherwise, today was slow, mostly studied charts and am preparing for future moves. 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. Missed out on some trades that i didn't see coming. Next week should bring better opportunities. A lot of consolidation happening.. The COT report shows that the Hedge Funds are adding to short positions on the #nzdusd #eurusd & #audusd. Great trading for the portfolio this week. All due to the new rules I have put in place. So fasten your seat belts because we are going for a wild ride.... to profits!!! 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!

Watch the latest INSTITUTIONAL SUPPLY & DEMAND Outlook Video!

Feb 15 Institutional Supply & Demand Outlook

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 there.

$USDCAD -> Commitment Of Traders Report: Institutional traders are LONG biased. (02/10/15)

Increased <== LONG -> 54k SHORT -> 21K ==> 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. (02/10/15)

Decreased <== LONG -> 12k SHORT -> 65K ==> Decreased

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:

Video Link ==>

$USDCHF -> Commitment Of Traders Report: Institutional traders are LONG biased. (02/10/15)

Decreased <== LONG -> 11k SHORT -> 5K ==> 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. (02/10/15)

Same <== LONG -> 47k SHORT -> 241K ==> 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. (02/10/15)

Same <== LONG -> 36k SHORT -> 75K ==> 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 ==>

$USDJPY -> Commitment Of Traders Report: Institutional traders are VERY LONG biased. (02/10/15)

Decreased <== LONG -> 81k SHORT -> 25K ==> Same

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. (02/10/15)

Decreased <== LONG -> 9k 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

$EURJPY ->

Notes: 3 Month demand zone in control.
THE SETUP: Feb 17 (11:30pm) LONG @ 134.50, SL @ 133.85, T1 - 135.83, T2 - 138.16, T2 - 139.75 -> Setup

Video Link ==>
Feb 18 (10:25am) -> trade canceled until confirmation.

$CADJPY ->

Notes: Monthly demand zone in control.
THE SETUP: Feb 17 (11:30pm) LONG @ 95.22, SL @ 94.69, T1 - 96.29, T2 - 97.66 -> Setup

Video Link ==>
Feb 18 (1:10pm) -> trade canceled until confirmation.

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 ==>

Institutional Supply & Demand Outlook.
Notes: Price is in a down trend on the monthly, weekly charts. Price has hit monthly demand.
THE SETUP:

Video Link ==>

Institutional Supply & Demand Outlook.

Notes: Price is in a down trend on the monthly, weekly and daily charts.

THE SETUP:

Video Link ==>

Institutional Supply & Demand Outlook.

Notes: Price is in a down trend on the monthly & weekly charts. Price broke down trend on the daily.

THE SETUP:

Video Link ==>

$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.

Trade Review -> https://www.tradebench.com/share_trade/a2a54315439803ebb56c181296cdf63a

$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