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 Twitter. I 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!
 |
| $SPY Option 53% WINNER |
Called the turning point of the $SPY today. Notified all @MagicAlerts followers and took advantage with some options. Most traders were worried about the massive drop except those who understand Supply & Demand! Next two days, I'll be getting personal training with my mentor Sam Seiden. The man who taught me everything I know. So until then enjoy the week! This Portfolio is on fire!!!***NEW SETUPS ADDED TO PORTFOLIO BELOW***
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.
 |
| $SPY option -> 88% WINNER |
WINNERS!!! $KING 16% $SPY 53% $NFLX 14.87%, $HIL 14.66%, $GRPN 11%, $FONR 17.5%, $ALR 6.70%, $FB 318% 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!
May 7 update -> called the turning point perfectly.
May 7 update -> Option Play - as always I played an option to benefit from the move. I bought some May 17 $185 Call Options for a 53% WINNER so far!
.png)
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.
AUDUSD --> I've got two areas for a possible trade. A short in the 240 supply zone or a long at the 240 demand zone.
May 7 update -> Trade activated. Million Dollar Strategy in play.
May 8 Update -> Some profits taken at break of 8 EMA to the upside. The rest stop was hit.
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!
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.
***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.
$GC_F (240) May 5 --> Here's my setups for Gold. Almost hit the supply zone this am but not yet. Will wait for this one to setup.
$NQ_F (30) April 30 --> Supply & Demand mapped here on the futures. Will short at supply and long at demand.
May 1 update -> Price rallied, hit the supply zone and dropped.
May 2 update -> Supply being respected twice.
May 3 update -> dropped from supply as expected.
May 7 update -> Another nice call from the portfolio.
$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.
$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.
$CRCM (30) May 5 --> This could possibly bounce and rally nicely tomorrow. Not sure if it will but one to keep an eye on for strength.
May 6 update -> no trade, to weak.
$KING (30) May 5 --> I traded this one before, new IPO rallying up right into 30 min supply. Like this short setup!
May 7 update -> 16% WINNER so far! What a call!
$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 2 --> Retrace to the 30 min demand zone and then I'll buy some monthly Call option contracts.
May 5 update -> demand broke because of weak $SPY, now looking at new demand zone.
May 6 update -> no trade, looking to weak.
$BBY (Daily) May 1 --> Would like a bigger rally so I can watch for weakness in the supply zone above and then short.
EARNINGS: MAY 22 -> BEFORE OPEN
May 7 update -> traded the setup posted on @MagicAlerts for a nice profit.
$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.
$NFLX (Daily) April 29 --> Two great areas of Supply and Demand here. Will wait for a small retrace into the demand zone before playing some Call options. Targets will be posted when price enters the zone.
May 1 update -> Price dropped and has now rallied up from the demand zone. It' hit a high of 14.87% WINNER!
May 3 update -> Still in according to rules. 45 EMA just crossed the 89 EMA, so now I'll be watching for a close below the 8 EMA to take 1rst profit.
May 5th update -> Still in full position because there hasn't been a significant close below the 8 EMA yet. Take a look at the chart.
May 7 update -> Took profits at the red areas for a 13% WINNER.
$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.
$FEYE (Daily) April 29 --> This one is retracing to a nice demand zone. There should be some institutional orders to buy this stock down there. Only thing is earnings is coming soon. Will watch.
EARNINGS: MAY 6 -> AFTER CLOSE
May 7 update -> price opened below zone, so cancelled.
$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
$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
$ALR --> (Daily - Options) Would like to see this one retrace a bit more into this daily demand area before I get on board.
May 1 update -> Price rallied up from the demand zone and is now a 6.70% WINNER!
May 5 update -> Nice rally from the demand zone here. Trinity Strategy in play.
MUST WATCH VIDEO - HOW TRADING REALLY WORKS
(If you can't see the video, try the link below)
No comments:
Post a Comment