Click here for THE WEEK AHEAD June 2 - 6, 2014
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trader. Any questions should be sent as a direct message to me in order to keep the feed clear for Magic Portfolio related tweets. I am only interested in serious traders joining. 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 for you. Do your own DD and use the info whatever way you see fit. Welcome to The Magic Trading Portfolio!
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| Boathouse Of Muskoka |
***NEW SETUPS ADDED TO PORTFOLIO BELOW***
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| $DQ 31% WINNER |
WINNERS!!! $DQ 31% FSLR 57% $HDY 32% $KING 16% $SPY 53% $NFLX 14.87%, $ALB 4%, $GRPN 11%, $FONR 17.5%, among many more from @MagicAlerts on Twitter!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 market with your trades. The key to my strategy is to time the markets GREEN and RED zones with the GREEN and RED zones from the setups. If they are both entering their same colored zones at around the same time then the probability of the setup working out is highest. Otherwise, market needs to be trending upwards to take entry of setups in the GREEN zones or market needs to be trending downwards to take entry of setups in the RED zones.
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones
Questions or comments email me -> magictrader@outlook.com
Markets Overview (The Big Picture):
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. $SPY hit new highs, Nasdaq following behind with it's strength, Russel's got a lot of supply to eat through above if it wants to make new highs. The Dow Jones, has Hit the supply zone above and is now dropping form it, bringing the other markets down with it. So it's all down to the Russel and whether it will make new highs or not. Otherwise it's all clear skies for the S&P!
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The Million Dollar 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 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 or once price crosses the 89 EMA then a close below/above the 8 EMA will be the sign to take profit or close the trade.
$CADUSD --> The Canadian Dollar Hit some weekly supply and RSI showed weakness so it heading DOWN as shown in the daily chart. The ideal trade is to wait for retraces into supply zones to join the trend downwards until we reach the weekly demand zone.
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| CADUSD WEEKLY CHART |
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| CADUSD DAILY CHART |
THE SETUP: Now it just bounced up from 240 demand and the plan is to short it from the 240 supply back down to the demand down below.
May 21 update -> Trade Activated, short @ 1.09376
May 23 update -> Wanted to post my targets on this trade. See below.
May 27th update -> Target 1 hit at 1.08357
June 2nd update -> Closed Position @ 1.09050 - PROFITABLE
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| AUDUSD WEEKLY CHART |
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| AUDUSD DAILY CHART |
THE SETUP: Waiting for price to hit the 240 area of supply, to take a position short.
May 29 update -> Trade Activated short @ 0.93161
$CHFUSD --> The Swiss Franc is just coming off of weekly demand which leads me to believe we may see a trend change here and it may start heading UP. Taking a look at the daily chart you can see price bounced twice from the weekly zone with the RSI getting stronger. Therefore, price rallied. The ideal trade is to wait for retraces into demand zones to ride the trend upwards.
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| CHFUSD WEEKLY CHART |
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| CHFUSD DAILY CHART |
THE SETUP: (May 24) Thinking price may hit the 240 supply ahead and then drop to the 240 demand where I can jump on board the uptrend.
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| EURUSD WEEKLY |
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| EURUSD DAILY |
THE SETUP: Will wait for a rally up to the 30 min supply and then short.
$GBPUSD --> The British Pound just hit weekly supply and looks to be starting to trend DOWN. The ideal trade is to wait for retraces into supply zones to join the trend downwards.
THE SETUP: Since trend is down, I'm waiting for price to rally up toward this 240/daily supply zone to short it to the two targets below.
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| GBPUSD WEEKLY |
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| GBPUSD DAILY |
$NZDUSD --> The New Zealand Dollar just hit weekly supply and looks to be starting to trend DOWN. The ideal trade is to wait for retraces into supply zones to join the trend downwards until we reach the weekly demand zone.
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| NZDUSD WEEKLY |
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| NZDUSD DAILY |
THE SETUP:
May 7 update -> shorting this would have been perfect based on the supply zone.
Futures:
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.
$HG_F (240) May 12 --> Going to watch as price enters the daily supply zone, wait for weakness and short.
$HG_F (240) May 11 --> Copper is heading right toward some nice 240 min supply. I'll look to short in that zone. Targets will be outlined then.
May 12 update -> CANCELED - No weakness shown when price entered zone, therefore trade canceled.
$NG_F (240) May 11 --> Here's the supply & demand I see on the Nat Gas chart. Will short and long in the respective zones.
$GC_F (240) May 10 --> Here's my setup for playing Gold. Almost hit the supply zone this am but not yet. Will wait for this one to setup.
May 29 update -> Trade Activated in @ 12.53.4 Targets outlined.
May 30 update -> Stop Hit.
$CL_F (240) May 1 --> I like this setup a lot better than the previous one. It's a fresh demand zone meaning price hasn't come here before.
May 2 update -> Missed entry.
May 21 update 1:52pm-> Price is inside the supply zone.
May 31 update -> Slight breach of the zone but supply kicking in now and price dropping.
Stocks & Options:
The Trinity Trading Strategy:
Chart Setup --> 30 Minute chart has an 89 period EMA, a 45 period EMA and an 8 period EMA, RSI indicator of 60 overbought and 40 oversold.
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| The Trinity Trading Strategy |
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 and or once the 8 EMA crosses the 89 EMA and after the 45 EMA crosses the 89 EMA, then a close below/above the 8 EMA will be the sign to take profit or close the trade. If price action is strong, then I will add to position when price touches the 45 EMA.The Daily 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 daily of demand/supply outlined by the green zone/red zone. First target will be opposing daily supply zone/demand zone and or once price closes below/above the 8 EMA will be the sign to take profit or close the trade.
$GALE (Daily) June 2 --> Just hit weekly demand and seems to be starting an uptrend. Will wait for retrace to demand and then waiting for RSI strength before jumping in long.
$ARWR (Daily) June 1 --> I like this setup a lot. Would like a retrace down to the daily demand to jump in the long trend. Targets outlined on chart.
$DYAX (5) May 31 --> I like the profit zone available on this trade. A long way down. Entry point and targets outlined on chart.
$CSUN (Daily) May 31 --> Would like price to retrace a bit more before going long until the targets below.
$ATHX (Daily) May 30 --> Been watching this one react to my zones as i would have wanted, no trade as of yet but am planning on something soon, need a little more retracement and will jump in. Targets are outlined.
$CSIQ (Daily) May 30 --> Price just hit some daily supply and is retracing toward daily demand, I'll wait for strength to show within the daily demand zone and then jump in long.
June 2 update -> barely touched the demand zone and is now heading up.
$AMBA (30) May 20 --> Price just hit weekly demand so up trend should begin. Now retracing into a 30 min demand zone. Would like to see market bounce up when this one is in the zone to take entry long.
May 22 update -> Trade left without a retrace.
$WYNN (Daily) May 2 --> Would like to see this one run a little higher right into this daily/weekly supply zone where I will look for weakness and then short it down.
$EXPE (Daily) May 1 --> Idea is to short Expedia when price enter the supply zone and wait for weakness to show before opening position.
$YHOO (Daily) April 30 --> Will trade off of both these zones. Will be patient and wait for the setup.
MUST WATCH VIDEO - HOW TRADING REALLY WORKS
(If you can't see the video, try the link below)
