Update:
Added a Profitly chart on the portfolio to track the performance of the portfolio. I believe opened trade results are not posted, even though profits may have been taken, until the trade is closed. I have also changed some of the format of the posts. Reason is to be able to better track lessons learned and notes taken for future review.
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!
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!
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| Comment from a loyal follower and new friend |
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
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. The Nasdaq has been eating through the 240 supply and looks to be making upwards without issue. It will face some Daily supply up ahead. The Dow hitting daily demand and heading upwards. The Russel almost hit demand and is heading upwards right into some supply but ate right through all of it. The S&P hit daily demand and is now heading upwards.
Currencies:
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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.
$USDCAD --> The Canadian Dollar just hit weekly Demand so it should now be heading UP. The ideal demand zones to join the trend upwards until we reach the daily/weekly supply zones. |
| Weekly |
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| Daily |
THE SETUP: Would like to go long from this 240 min demand zone thats within both a weekly and daily demand zone. I believe the trend is going to change here just like the AUDUSD when it hit weekly demand and we all know what happened next.
June 26 -> Trade Activated.
June 30 -> Moved my stop a little lower, breached my zone but there was another zone right below it.
June 30 -> 240 min chart RSI gaining strength. Need RSI to get around 40 on a dip before we rip! So added to position on this dip.
July 1 -> Good news came out this am on the ADP non farm payroll causing the US Dollar to rally, waiting patiently paid off here, but I took a gamble moving my stops.
July 3 -> Positive Employment change and employment rate data came out at 8:30am today and caused price to spike, right into some supply and then a majoyr drop. 240 min chart RSI showing me positive divergence, so I believe we still head up.
July 4 -> $USDCAD continuing to rally after 240 RSI has been getting stronger on every dip. Ussualy a dip RSI above 40 means a big rally is next. We are just about there.
$AUDUSD --> The Australian Dollar hit some daily supply and is heading down. The ideal trade is to wait for retrace into demand to catch the uptrend.
THE SETUP: Will either wait for drop into 240 min demand and take long or rally into 240 supply and short. Trend is down so ideally wait for the rally to short.
THE SETUP: Will either wait for drop into 240 min demand and take long or rally into 240 supply and short. Trend is down so ideally wait for the rally to short.
$CHFUSD --> The Swiss Franc is just coming off of weekly demand which leads me to believe we may be 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 to ride the trend upwards.
THE SETUP: Based on the weekly chart, trend seems to be upwards. Ideal trade is to wait for drop into 240 demand and take long.
$GBPUSD --> The British Pound just hit weekly supply and looks to be drop down into demand. I deal
trade is to short from supply zones.
THE SETUP:
trade is to short from supply zones.THE SETUP:
$NZDUSD --> The New Zealand Dollar just hit weekly demand and looks to be starting to trend up. The
ideal trade is to wait for retraces into demand zones to join the trend upwards.THE SETUP: No setup as of yet.
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 (30) June 23 --> If gold retraces, this 30 min zone will be a great place to jump on board.
July 3 -> passed on the trade, seemed to weak.
$HG_F (240) May 12 --> Going to watch as price enters the daily supply zone, wait for weakness and short.
July 3 -> passed on the trade, seemed to weak.
$CL_F (30) July 3 --> Here's the new demand I plan to take a long position on OIL.
Stocks & Options:
The Trinity Trading Strategy:
The Trinity Trading Strategy is the strategy all the others are based on.
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.
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. Finally, the position will be closed when the 8 EMA crosses the 45 EMA.The 89 Bounce 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 89 Bounce Strategy |
The Slingshot 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.
Buying or Selling when price hits a 30 minute supply/demand outlined by the red zone/green zone. Then you must wait until the distance between the 8 EMA and 45 EMA is the same or larger than the 45 EMA and 89 EMA. Wait for close below the 8 EMA to take partial profits. The close trade when the 8 EMA crossed over the 45 EMA.In all strategies, exit for a loss if price breaks through the zone position is opened on.
How do I activate a trade?
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| 5 Minute RSI Entry |
$MU (30) July 7 --> Price hit a nice 30 min demand zone. In some Aug $32 call options.
July 7 -> Trade Activated. 
$LUK (30) July 5 --> Good earnings from this one and it just hit daily demand and nice daily demand to boot. A couple small speed bumps of supply on a 30 min chart but on the daily it's smooth sailing upwards to daily supply at 27.69 and up. Trinity Strategy. (Leucadia National Corp. (NYSE: LUK) has been called the "mini" or "baby" Berkshire Hathaway for a number of years. A diversified holding company like Berkshire, Leucadia is only about a thirtieth its size in terms of market cap.) Earnings Link
$COG (30) July 5 --> This one has been beaten down and downgraded but earning were very good. Now bouncing low on the curve from weekly/30 min demand. Watching for an entry to ride long to fresh supply above. 89 Bounce Strategy (Impressive Revenue Growth And 40% Shale Production Increases For Cabot Oil & Gas) Article Link
$BIDU (30) July 5 --> Based on good forcast and the fact that price is breaking to new highs. On the chart, price broke through supply and has now retraced back into supply now demand, the perfect Slingshot Strategy setup. (Deutsche Bank believes Baidu will report another strong quarter of revenue growth, expecting its revenue to rise 59.3% from a year ago to 12 billion yuan. In the first quarter, Baidu’s revenue rose 59.1%.) Article Link.
$SODA (30) July 4 --> Watching to see if we hit a bottom here. Just touched weekly demand but daily demand is still further down. RSI is showing me strength so we just may get a nice bouce. (Trinity Strategy). (The revenue growth for the company remains strong in the key geographic regions. The first quarter results will prove to be a small bump in the road as the company gets its inventory and costs in order.) Article Link
$FSLR (30) July 4 --> Would like to see a drop in price down toward this 30 min demand zone.
$NFLX (30) July 2 --> Possible Slingshot Strategy setting up here.
$JPM (30) July 2 --> Would like to see a retrace into the 30 min demand zone to take entry into some call options long. (Trinity Strategy)
$MBI (30) July 3 --> Price hitting a nice daily demand zone, So I am taking some call options long. (Trinity Strategy in play)
July 3 -> Trade Activated, in AUG 16 $10 Call Options.
July 3 -> Stop Hit, really bad trade, bad news came out and I didn't know.
$DDD (30) July 3 --> Want price to drop a little further down to the 30 min demand zone to take this one long. (89 Bounce Strategy)
July 3 -> Trade Activated, in some AUG 16 $60 Call Options
$FUEL (30) July 2 --> Price entered the zone already but will be a nice one to jump in long at the opening bell. (Slingshot Strategy)
July 3 -> Trade Cancelled.
$FEYE (30) July 2 --> Waiting for a retrace into 30/daily demand to take some call options long. (89 Bounce strategy)
July 1 -> Trade Activated, in early because of 5 min RSI positive divergence very close to the demand zone, plus I noticed it hit previous supply now demand. Click to learn about positive divergence!
July 3-> Stop Hit, 30 min demand breached.
July 3 -> Trade Activated, in AUG 16 $10 Call Options.July 3 -> Stop Hit, really bad trade, bad news came out and I didn't know.
$DDD (30) July 3 --> Want price to drop a little further down to the 30 min demand zone to take this one long. (89 Bounce Strategy)
July 3 -> Trade Activated, in some AUG 16 $60 Call Options$FUEL (30) July 2 --> Price entered the zone already but will be a nice one to jump in long at the opening bell. (Slingshot Strategy)
July 3 -> Trade Cancelled.
$FEYE (30) July 2 --> Waiting for a retrace into 30/daily demand to take some call options long. (89 Bounce strategy)
July 1 -> Trade Activated, in early because of 5 min RSI positive divergence very close to the demand zone, plus I noticed it hit previous supply now demand. Click to learn about positive divergence!July 3-> Stop Hit, 30 min demand breached.
Lessons:
Made a few mistakes on this trade. 1) Didn't allow the full range on the daily demand to play out. 2) Bought too high on the curve. 3) Didn't take entry in lowest demand zone in sideways market.
$LVS (30) June 30 --> Opened a position on this one based on a retrace into 30 min demand from hitting higher up supply. (89 Bounce strategy in play) Target 1 - 78.65
June 30 -> Trade activated, 89 Bounce Strategy in play.
July 2 -> took partial profits on close below 8ema on the 30 min chart.
-> Would like to close position when 80.59 is reached.
$KLAC (30) June 30 --> Opened a position on this one based on a break of 30 min supply and then pullback into the zone, now demand. (Sling Shot strategy in play) Target 1 - 74.88
June 30 -> Trade activated, Slingshot Strategy in play.
July 1 -> took partial profits on a close below 8ema on 30 min chart.
$MS (30) June 30 --> Opened a position on this one based on hitting the 30 min demand zone. In some Aug 16 31 Call options. (Trinity Strategy in play)
June 30 -> Trade activated, Trinity Strategy in play. (notice what makes this a great Trinity play is the fact that the 8ema is below the 45ema and they are both below the 89ema. Also price hit a daily demand zone)
July 1 -> took partial profits on a close below 8ema on 30 min chart.
$GPRO (30) June 28 --> Would like to get my piece of this hot IPO, when It comes down into 30 min demand.
July 3 -> Posted this setup to @MagicAlerts followers. Touched demand and left so far.
$LITB (30) June 28 --> Just came out with good guidance, but has hit some 30 min supply, will wait for the retrace and get in on the 30 min demand zone until we reach the 30 min supply up ahead at $7.30ish.
July 1 -> chart is too messy now, not interested in this trade.
July 2 -> trade worked, but didn't take it!
$ADSK (30) June 25 --> This one is retracing into a nice 30/weekly demand zone. Want to watch for 5 min RSI positive divergence within the zone for entry into some call options. Click to learn about positive divergence!
July 1 -> trade setup will be put on the back burner for now.
$NFLX (30) June 25 --> I like this demand zone on Netflix, just need to wait to see if price will get down there. If market continues weak, we may just see that.
June 25 -> supply hit but trade not taken because of bullish price action.
July 1 -> demand zone trade setup will be put on the back burner for now.
$SCTY (30) June 20 --> Would like to see a retrace into demand to ride some call options long.
July 1 -> trade setup will be put on the back burner for now.
July 3 -> shorting at supply worked but never took the trade.
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