Saturday, May 10, 2014

***THE MAGIC PORTFOLIO*** May 12th ***CURRENCY CRAZINESS*** $SPY $IWM$QQQ $DIA $ZNGA $KATE $WYNN $YELP $EXPE $YHOO $FSLR $DANG $ARUN $GMCR $CADUSD $AUDUSD $CHFUSD $EURUSD $GBPUSD $NZDUSD $HG_F $NG_F $CL_F $GC_F

***IMPORTANT NOTE*** SCROLL TO THE BOTTOM OF THE BLOG TO WATCH THE SECRET TO TRADING PROFITABLE VIDEO

                        Click here for THE WEEK AHEAD MAY 12 - 16, 2014

You can follow, learn & PROFIT from The Magic Portfolio by following the members only @MagicAlerts on TwitterI will review your feed for signs of professional conduct, seriousness of character and quality of tweets. If I accept your invitation, take a look through the feed to find extra setups, videos and resources that will make you a better
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!


TIME TO CELEBRATE! Called the turning point of the $SPYCurrency trades were very profitable. Notified all @MagicAlerts followers of markets turns and took advantage with some options. Most traders were worried about the massive drop except those who understand Supply & Demand!  I'll be posting more updates this weekend so until then Trade Green! This Portfolio is on fire!!!

***NEW SETUPS ADDED TO PORTFOLIO BELOW***
The Magic Portfolio has been really accurate. $NQ_F $YY $GOOGL $AMZN $PLUG $DYAX $YELP $NFLX among others are winners. 

WELCOME NEW SUBSCRIBERS! Learn from this blog and you will learn to think and trade like the big institutions, but thats just my opinion. See for yourself!

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.
$EURUSD 215 PIP WINNER!
WINNERS!!! $FSLR 5.76% $KING 16% $SPY 53% $NFLX 14.87%, $HIL 14.66%, $GRPN 11%, $FONR 17.5%, $ALR 6.70%,  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. 

IMPORTANT LESSON: The $SPY has hit supply and then dropped down from it and now is rallying back up into it. Once price trades into a zone and leaves, that zone becomes weaker. The reason for this is because the orders that were once there were filled, which caused the movement of price. So now when price enters that zone for a second time, there is a smaller chance price will react as it did the first time. The zone can now be breached!


$SPY 30 Minute Outlook May 12 --> Supply & Demand outlined below.


Currencies:
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.

CAD USD --> The Canadian Dollar Hit some weekly supply and RSI showed weakness so it dropped down as shown in the daily chart. 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.
Daily Chart
CADUSD 240 Setup
AUDUSD --> Called the reversal of trend earlier this year to followers of the Magic Trading Portfolio. Now I've got an area of daily supply right before an area of weekly supply. So, I believe price will rally into the daily supply and then drop followed by another rally back up into the weekly supply were we will see another drop, that may begin another trend change to the downside.

CHFUSD --> The Swiss Franc is just coming off of weekly demand which leads me to believe we may see a trend change here. 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.
On the setup, I'm looking to short the rally into the 240 supply and cover at the 240 demand where I also plan to go long and catch the new trend upwards.
May 13 update -> Trade Activated 
Daily Chart
$CHFUSD 240 Setup
EURUSD --> Trade Activated @ 1.3747. Here's my new setup that I activated on Friday. I alerted @MagicAlerts followers to the activation before I opened the position. Targets outlined below.
May 13 update -> Stopped Out for a small loss.

EURUSD --> Would like to see the Euro drop down into the 240 min demand zone so I can take it back up to the two targets above.
May 8 update -> Trade Activated. Million Dollar Strategy in play!
May 9 update -> Trade Closed for profit at 1.37478

GBPUSD --> Looking for the British Pound to rally up into the 240 min supply zone mapped out below for a short position. I really like this supply zone as it was created as a reaction to a previous demand zone. These make the best zones to trade from. May take some time to setup, will be patient.
May 7 update -> Trade Activated @ 1.6967. Million Dollar strategy in play.
May 11 update -> Trade Closed for profit at 1.6834 as alerted to @MagicAlerts followers.

***GBPUSD*** --> This is probably my favorite setup out of all that I have on watch right now. here's another million dollar trade with the British pound. Waiting for price to retrace to the 240 demand and will ride this one up to the two targets mapped out.

NZDUSD April 18 --> Waiting for the NZD to retrace into this daily demand zone so I can get on the trend to the long side.
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.

$CL_F (240) May 1 --> I like this setup a lot better than th previous one. It's a fresh demand zone meaning price hasn't come here before.
May 2 update -> Missed entry.


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.
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.

$ZNGA (30) May 11 --> Hit daily demand and has retraced with a stronger RSI. Will keep on close watch to see if it continues. If so, I'll long it to the two targets above.

$KATE (Daily) May 5 --> Posted this setup a few days back on @MagicAlerts. Price is getting very close to the supply zone where I plan to short it.

$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.

$YELP (30) May 10 --> Both Demand & Supply here look good to me. Will play Call or Puts on each of these zones, if market is hitting the same colored zone as well.

$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.

$FSLR (Daily) April 29--> mapped out some areas of demand. Waiting for more of a retrace before I jump in here. I'll place some targets once price trades down there. Will be a nice trade.
EARNINGS: MAY 6 -> AFTER CLOSE
May 7 Update -> Trade Activated in at Average price of 62.52. 
MAGIC PORTFOLIO LESSON --> When price comes into one of my 30 min demand zones, I drop to a 5 minute chart and wait to see strength in the RSI to open my position. RSI showed me strength so I got in.
May 11 update -> Target 1 hit for a 5.76% profit. Took rest of profit when price closed below the 8 EMA and showed weakness. Now retraced but take a look at RSI, it's stronger meaning we should see another rally out of this one.

$DANG (30) April 26 --> just hit weekly demand and also into 120 min demand that was caused by previous supply. These types of setups are my favorite because the zones usually hold up very well. Will wait for market strength to come in and will wait to see if price drop below my zone or not. Targets are outlined.
EARNINGS: MAY 15 -> BEFORE OPEN
April 28 update -> no trade, showed to much weakness, plus market is down. Plus, I like this new setup a lot better.
May 7 update -> price dropped to the bottom of the zone and then started to rally. Will wait for more strength to show.

$ARUN --> (Daily) Would like to see this one retrace a bit more into this daily demand area before I get onboard.
EARNINGS: MAY 20 -> AFTER CLOSE
May 10 update -> would like to see the RSI continue to build strength and the market to get stronger as well before I take entry.

$GMCR --> (Daily) This one will take some time to setup but some great areas of demand and supply are mapped out below. Will make a great option trade soon.
EARNINGS: MAY 7 -> AFTER CLOSE
May 10 update -> May skip this setup as earnings were good and there was a drop from the supply area already.



MUST WATCH VIDEO - HOW TRADING REALLY WORKS
(If you can't see the video, try the link below)

No comments:

Post a Comment