Sivakumar

Jayachandran
 Disclaimer
• I’m a NISM Certified Professional for Equity Derivatives. I am
NOT a SEBI registered advisor. Any Information on this
Presentation is for education purpose only and please do not
trade solely based on this information.
• Options trading have large potential rewards, but also large
potential risk. You must be aware of the risks and be willing to
accept them in order to trade in markets.
• The past performance of any trading system or methodology
is not necessarily indicative of future results, So Please consult
your financial advisor before taking any decision
 What’s 2 Candle Theory
• As A Scalper, Our Intention Is To Find One Good Strategy
& Keep Refining It

• 2 Candle Theory Is All About Finding Breakout Trades In

Index Futures & Index Options

• Scalper Needs One Or Two Good Trades In A Day & That

Sets You Up For Consistent Wins In The Battlefield

• Scalper’s Job Is To Win Battles & Not The War

• Now I Want All Of You To Consider Yourself As Kings

Let’s Play A Kingdom Game –
Are You Ready For The Battle
• You Are The King & Your Indicators Are
Your Soldiers

• King Need To Know Which Indicators /

Soldiers Need To Be Used On Battlefield
To Defend The Kingdom/Capital

• King Has To Play With His Resources Very

Meticulously In Battlefield

• So, What Are The Indicators & How Each

Of Those Soldiers Can Help You Win The
Battle
 Indicators = Soldiers on 3/5 Min TF

Queen = Open Interest Weapons = Volume

Territory = RSI Candles = Battle

 Indicators = Soldiers on 3/5 Min TF

Bishop = Parabolic SAR (0.02, 0.02, 0.2) Knight = ST ( 10, 2)

Pawn = VWMA (20) Rook = VWAP

 How To Initiate Long Trade In Index
Future/ Buy Call Options – 3/5 Min TF
▪ If The Index Futures Trades Above The VWAP (Rook), Following
Parameters To Be Checked For 2 Candle Theory
▪ Whether Open Interest (Queen) Shows Long Built Up/ Short Covering
▪ RSI (Territory) Trades Above 50 & Between 50-75/80
▪ Volume (Weapons) Of 2 Consecutive Bars Is Above 50 K for BN & 125 K
For Nifty
▪ All Your Soldiers (Bishop, Pawn, Knight & Rook) Below The Candles
▪ Then As A King Deploy Your Resources In 3rd Candle, With 1st Candle Low
As SL
▪ If 1st Candle Low Is Hit, Then Your Fort Is Breached, Time To Pack Off
▪ Long Trade Can Be Initiated In BN/Nifty Futures Or Index Call Options
Only When Above Parameters Fulfilled
Perfect Trade Setup
 How To Initiate Short Trade In Index
Future/ Buy Put Options – 3/5 Min TF
▪ If The Index Futures Trades Below The VWAP (Rook), Following
Parameters To Be Checked For 2 Candle Theory
▪ Whether Open Interest (Queen)Shows Short Built Up/ Long Unwinding
▪ RSI (Territory) Trades Below 40 & Between 40-25/20
▪ Volume (Weapons) Of 2 Consecutive Bars Is Above 50 K for BN & 125 K
For Nifty
▪ All Your Soldiers (Bishop, Pawn, Knight & Rook) Above The Candles
▪ Then As A King Deploy Your Resources In 3rd Candle, With 1st Candle
High As SL
▪ If 1st Candle High Is Hit, Then Your Fort Is Breached, Time To Pack Off
▪ Short Trade Can Be Initiated In BN/Nifty Futures Or Index Put Options
Only When Above Parameters Fulfilled
Perfect Trade Setup
 Take Cues From Global Allies & Partners
▪ Biggest Problem In Market Is You’re Waging A Battle Against An
Unknown Enemy
▪ Use Foreign Allies To Your Advantage –
▪ Dow Futures – Watch The Previous Day Close & Live Futures Trade
▪ Asian Indices – Nikkei, Shanghai & HangSeng
▪ European Indices – DAX, CAC & FTSE
▪ India VIX
▪ Crude
▪ US Dollar Index
▪ Bond Yields & USD/INR
▪ Events & News
CrossOver
CrossOver
 Thank You
I would like to take this opportunity to thank All Participants

If you wish to hear more on Options Scalping Techniques, please

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