stock trading

7/17/2019 Stock Trading

http://slidepdf.com/reader/full/stock-trading-56915f3b35fe2 1/39

Candlestick Secrets for Profiting in Options Seminar Gearing up with Nison Candlesticks for Options Strategies

As per non-disclosure agreement, you are legally bound not to share this information including handouts

Presented by Steve NisonPresident: candlecharts.com

Nison Candlestick Secrets For Profiting in Options

Q u i c k l y f i n d i n g t h e b e s t o p p o r t u n i t i es i n t h e o p t i o n s m a r k e ts





www.nisonoptionsacademy.com

Benefits of Options

• Leverage

• Risk Control

• Trade high price markets

• Easy to short

• Portfolio protection

• Can profit in any marketenvironment

• Easy to change market

stance

• Generate Income

1






• Determine if trend is changing

• If support or resistance is solid

• Timing to open an trade

• When to close out a trade

• Knowing which outright or spread

to use

• Portfolio protection

• When to adjust your open option

trade

• And much more!

Nison candlesticks for Options – the perfect fit

2






Nison Candlestick Secrets For Profiting in Options

Gearing up with Nison Candlesticks for Options Strategies

The Foundation of Candlesticks

The Foundation of Options

Nison Candlesticks to guide your option trades

Nison Candlesticks + West to guide your option trades

Nison Candlesticks + Trade Management to guide your

option trades

JUST ADDED: TODAY- 4PM SPECIAL BONUS SESSION:

Leveraging YOU: Options for your trading Style by Beacon

Learning Group

Tomorrow: Bonus session: Analyze markets of your choice

for option trade set-ups3





4





www.nisonoptionsacademy.comwww.nisonoptionsacademy.com

Gearing up with Nison Candlesticks for Options StrategiesGearing up with Nison Candlesticks for Options Strategies

• Quick review of anatomy of the candlestick line

• How candles show the force the move and what this

means to your trading success

• Using doji correctly

• Single candle lines

• Engulfing patterns

• Windows• Change of Polarity

• Snap and Crack

• Falling off the Roof

• Adapting to the Market

5





open close

open

Real Body

high

low

Real Bodies / Shadows

ANATOMY OF THE C ANDLESTICK LINE

close

Shadow

6





www.candlecharts.com

7





[email protected]

732.254.8660 USA

21

22

23

24

25

26

27

28session open high low close

1 23 26 21 25

2 26 28 23 27

3 23 27 22 224 25 28 22 25

5 27 27 25 25

1 2 3 4 5

Drawing Candle Lines

8






It is easy to see who is

in control here

It is easy to see who is

in control here

How about now with these

“spinning tops”?

How about now with these

“spinning tops”?

9





Higher highs, lows and

closes. Look at the

shrinking real bodies.

Does the market still

look good?

WHY THE BEST TRADERS USE NISON CANDLES

10





BASIC CRITERIA• Open and close the same (or within a

few cents or pips)

• Also called a cross

PATTERN PSYCHOLOGY• For a sustainable rally market has to be

“pushed up” - a doji shows the bullish

momentum has now been curbed. The

bulls now become concerned with this

lack of sustained strength.

• The market is at a delicate turning

period and could go either way.

11





12






Think this market had trouble near 91.90?

13





www.candlecharts.com 14






Good buy?

Negative Selection

15






What is one of the best ways to make money?

Those poor traders

who got fooled into

buying here.

16






Use the highest

high of those

two sessions

(top of upper shadow) as

resistance

17






Candles can be used in all time frames

“Market istired”

18





Candles and Momentum Trading

Look at all the

reversal signals

19






Nison Candles and Options - the Perfect Fit

20





www.candlecharts.comwww.candlecharts.com

This doji is showing a

shift in psychology since

it comes during a rally

Is this doji telling us there is

something different about

the market?

21






There is no trend to

reverse with this doji–

thus we ignore it.

Doji in Context

22






1

2

3Is this hammer apotential good tradecandidate?Why or why not?

Tell me about how youview each of the threedoji with the idea of

prior trend, overbought,confirming a technicalsignal, etc

Nison Chart Challenge 1

22a






Get into a new

trend before other

traders see it

23






Basic Criteria

• Market in a downtrend

• Small real body (either color) at, or

near, top of range.

• Lower shadow at least 2x height

real body

Market Implication

“A c h a n c e t o b u y a t t h e b o t t o m “

Support or Resistance

Low of hammer as support

24






HAMMER AND BULL SHADOWS

25





26






hammer’s lower shadow as Support

27





The market will often retest

the lower shadow of the

hammer

28






SECRET HAMMER TACTIC

Will often

retest lower

shadow

29





30






1

2

34

5

Which are hammers and why?

31






Basic Criteria:

• Market in up trend

• Small real body (black or white)

at, or near, bottom of session

• Upper shadow at least twice

height of the real body

Market Implication:

Potential top reversal

Support or Resistance:

High of signal as resistance32






Shooting Star “signals trouble overhead”

33






Shooting Stars as Resistance

34






During this time, the

market is ascending.

However, what are

reasons for caution?


34a





Shooting star

Hammer

35




g wave

36

stock trading

Documents