***August 10 - 14*** Join the Elite Traders Club for serious trading! *** PORTFOLIO HOLDINGS =>

General Notes:

Welcome to a brand new week traders! I did a full analysis of the latest CFTC COT Report for you and you can find it down below! I will be doing a lot of focusing on my trade plan this week and Forex testing my strategy. I encourage you to do the same. Practice makes a winning trader and that's pretty much about it. I recommend that any of you who are serious about learning Supply and Demand from someone I consider to be the best in the business, Alfonso Moreno, sign up at www.set-and-forget.com and join me and many others on our journey to learn how the market really moves. Take a look at my updated charts below for a sample of how we are killing it in the community! 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! The inspirational shots to the left are courtesy of @fiiyat on Instagram. Great profile you should follow! 

Market Movers:

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. 
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones

$USD OVERVIEW (THE BIG PICTURE)
Commitment Of Traders Report: Institutional traders are VERY LONG biased. Perception of Monetary Standing: HAWKISH 

$USD OVERVIEW (DAILY)

US DOLLAR => COT REPORT: Institutional traders are LONG biased.

Perception of Monetary Standing: HAWKISH

Notes: The hedge funds added to their longs and closed out their shorts on the USD and also increased their long standing to 91% from 89%. Net change for the Dollar was +8.6k as we see bullishness continue to creep in. On the charts, price is consolidating and preparing for a move. By the look of this report, the higher odds next move would be back up.

AUDUSD => COT REPORT: Institutional traders are SHORT biased.

Perception of Monetary Standing: NEUTRAL

Notes: Once again, shorts were added but we also see long being added as well from 46k to 49k. As per my deeper analyses on the AUDUSD which you can find here, It was noted that Oil is hitting HTF demand and a bounce up was to be expected, with that being said, i move to the upside was very possible with the commodity pairs, as in the AUDUSD for one. The COT report seems to be reflecting that so far.

USDCAD => COT REPORT: Institutional traders are LONG biased.

Perception of Monetary Standing: NEUTRAL

Notes: The hedge funds added to longs and reduced shorts last week, but this comes right before the spike in Oil today and the drop in the USDCAD. A lot could have happened since Tuesday of last week, so will be interesting to see what the next report shows. If Oil continues it's rally off the WK WOW DZ, a bigger USDCAD drop would be very possible. Things are starting to get interesting here.

USDCHF => COT REPORT: Institutional traders are LONG biased.

Perception of Monetary Standing: DOVISH

Notes: The longs were added to and also the shorts, a slight bias to the long side at this point but nothing major. Net change was a +5.2k which is significant for this pair. Institutional traders now favour the long side for the first time in a while.

EURUSD => COT REPORT: Institutional traders are SHORT biased.

Perception of Monetary Standing: VERY DOVISH

Notes: The hedge funds added heavily to the short side on this pair, from 171k to 184k short, longs were also added to from 67k to 70k. The end result was the portfolio exposure continued to sit at 28% long and 72% short. Short bias continues.

GBPUSD => COT REPORT: Institutional traders are SHORT biased.

Perception of Monetary Standing: HAWKISH

Notes: The longs were again added to from 43k to 45k and shorts decreased slightly from 53k to 52k with long exposure sitting at 47% now up from 45% the previous week. A more neutral stance forming here on the Pound.

USDJPY => COT REPORT: Institutional traders are LONG biased.

Perception of Monetary Standing: VERY DOVISH

Notes: The biggest change was on the Yen, with longs increasing from 109k to 129k and shorts increasing a bit too from 46k to 49k. Price rallied right into a WK bearish engulfing but is hold up very well, maybe a continued rally with the USD is in the works?

NZDUSD => COT REPORT: Institutional traders are SHORT biased.

Perception of Monetary Standing: DOVISH

Notes: The hedge funds increased longs from 13k to 14k and shorts sat at around the same figure. This comes as we see price reacting from a MN demand area. A rally seems to want to happen at this point but WK SZ sits in the way for now.

That's it for this week fellow traders. The news docket this week is pretty uneventful except for Thursday and Friday. The commodities have started reacting for the HTF zones they were hitting and this has caused some movements in the currencies markets to get things started this week. Very interesting times we are seeing right now. I'll be looking to add to my USDJPY long position if price holds up and we get that rally the report above seems to imply and is the USD decides to drop from these highs were are sitting at, there will be some great oppurtunities to counter trend some of the pairs that are right at their HTF zones. Let's see how this week pans out!

Have a great one folks!

Kevin

AUDUSD -> Commitmen Of Traders Report: Institutional traders
are LONG biased. Perception of Monetary Standing:  NUETRAL 

Notes:
THE SETUP: -> 

Video Link ==>

$USDCAD -> Commitment Of Traders Report: Institutional traders
are SHORT biased. Perception of Monetary Standing: NUETRAL
Notes:

THE SETUP: 

Video Link ==> 

$USDCHF -> Commitment Of Traders Report: Institutional traders are SHORT biased. Perception of Monetary Standing: DOVISH

Notes: Trend is up on the monthly, bullish consolidation on the weekly and down trend on the daily chart. 
THE SETUP:

Video Link ==> 

$EURUSD -> Commitment Of Traders Report: Institutional traders are VERY SHORT biased. Perception of Monetary Standing: VERY DOVISH

Notes: 
THE SETUP: 
Video Link ==>

$GBPUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. Perception of Monetary Standing: HAWKISH

Notes:
THE SETUP: 

Video Link ==> 

$USDJPY -> Commitment Of Traders Report: Institutional traders are LONG biased. Perception of Monetary Standing: VERY DOVISH
Notes:
THE SETUP: 

Video Link ==> 

$NZDUSD -> Commitment Of Traders Report: Institutional traders are SHORT biased. Perception of Monetary Standing: DOVISH 

Notes:
THE SETUP: 
Video Link ==> 

Commitment Of Traders Report: Institutional traders are VERY LONG biased.
Notes: Trend is down on the monthly, bullish consolidation on the weekly and bearish consolidation on the daily chart. Called the bounce @ 1170 to a tee. RSI on the MN and WK chart suggest more upside towards the 1280's.
THE SETUP: 

Video Link ==> 

Commitment Of Traders Report: Institutional traders are LONG biased.
Notes: Trend is down on the monthly, bullish consolidation on the weekly and up on the daily chart. Daily WOW playing out with upside towards 19's, but first the reaction from WK supply.
THE SETUP: 

Video Link ==> 

Commitment Of Traders Report: Institutional traders are LONG biased.

Notes: Trend is down on the monthly, bearish consolidation on the weekly and up on the daily chart. A little more push up it seems until hitting MN supply and descending TL so expecting more downside from there.

THE SETUP: 

Video Link ==> 

Commitment Of Traders Report: Institutional traders are VERY LONG biased.

Notes: Trend is down on the monthly, up on the weekly and up on the daily chart. WK chart hitting a flip zone so may drop to the 56's, if not head up towards the 66's.

THE SETUP: 

Video Link ==> 

Commitment Of Traders Report: Institutional traders are VERY SHORT biased.

Notes: Trend is down on the monthly, bearish consolidation on the weekly and up on the daily chart. MN descending TL about to be hit while WK supply being tested a second time with D supply up ahead.

THE SETUP: 

Video Link ==> 

$NZDUSD -> Commitment Of Traders Report: Institutional traders are LONG biased. Perception of Monetary Standing: DOVISH 

Notes: Trend is down on the monthly, down on the weekly and bearish consolidation on the daily chart.
*WK SZ and WK TL in control

THE SETUP: LONG @ 0.7365, SL @ 0.7306, TP - technical stop

Video Link ==> 
May 18 (10:15pm) -> Trade Activated.
May 20 (9:30am) -> Trade Closed early for small loss.
Trade Review -> https://www.tradebench.com/share_trade/c09da628ffcf32f27aaae7ac4f6a29f1