Trading Options using
Swing Charts
Swing trading
Buying and selling techniques
Traditionally used for positional
Based on Dow Theory ( Demand & Supply)
Higher High, Higher Low, Lower High, Lower low
ZIGZAG
Swing low acts as Support
Swing high acts as Resistance
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Types of Swing Trading
Highs and lows using swings
Highs and lows using candles
Fibonacci Retracements and Extensions
Momentum Indicators
Moving Averages
(But we will learn as per Highs and lows)
Jyoti Budhia - 9324473734
Tata Motors
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Target 1 achieved
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Heromotoco
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Bank Nifty Swing low and TL breakdown
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VIX
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Build-up Cycle
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Steps To Track
Check the Build Up
Long Build Up
Short Build up
Long Unwinding
Short Covering
No Trade without Hedge or Stop Loss
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Long Build Up
Check with Long Build Up If Open and Low almost same
Check if we are near HPOI
Or
Check if HCOI is Unwinding and Puts getting added
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Built Up Screen
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Short Build up
Check with Short Built Up If Open and High almost same
Check if we are near HCOI
Or
Check if HPOI is Unwinding and Calls getting added
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Open Interest Screen
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Where to Check
For Built Ups
Moneycontrol.com
Quantsapp
I charts
For Option Chain
NSEINDIA.COM
For Charts
Tradingview
I charts
Maximum Brokers give both in their Trading Terminal
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Combination of Pointers
Support + LB + Open and Low almost nearby or
Support + Gap Down Open and low nearby
Resistance + SB + Open and High nearby or
Resistance + Gap Up Open and High nearby
Jyoti Budhia - 9324473734
Trading Options Using the Study
Based on the Target we can buy call/put options
To find targets and stop loss we use the option chain www.nseindia.com
Use current strike prices premium for future reference
Easy way of finding out the approximate premium targets and stop loss
without knowing Greeks.
Jyoti Budhia - 9324473734
Holding profits
Most Important thing to hold on, in profits
A spread can be created once in profits
It can become a zero-cost strategy
Jyoti Budhia - 9324473734
Escorts as an example
Jyoti Budhia - 9324473734
Option chain
Jyoti Budhia - 9324473734
working
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Holding profits
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Feedbacks
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Jyoti Budhia - 9324473734
Jyoti Budhia - 9324473734
Jyoti Budhia - 9324473734
Jyoti Budhia
9324473734
Twitter - @jyotibudhia
social.stockedge.com - @jyotibudhia
TRADING IS SIMPLE- TRADERS MAKE IT COMPLICATED
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