The double bottom is also a formation to trade around however, double bottoms are not as reliable as double tops. Gravity works on markets as well as objects. It will on many occasions blow through the the double would be bottom on it's way down making it not qualify. They still work but the double top is much more reliable.
Double tops are my favorite charting pattern to trade. This video is a bonus to the indepth class you gave on double tops this week. Oh, and thanks Oscar for the help with placing my stops on the bonds and Euro trades. This was my first time trading these (although we canceled the bond trade Friday) and I wasn't sure how to calculate the stop.
Chart after Chart on Monthly, Weekly, and Daily across so many Contracts Oscar shows how Double Tops work. Time after time he shares the best money making patterns with us. You Gotta Believe!!
So, will the inverse also be true: "Buy a double bottom"?
sirzuke 3 years ago
The double bottom is also a formation to trade around however, double bottoms are not as reliable as double tops. Gravity works on markets as well as objects. It will on many occasions blow through the the double would be bottom on it's way down making it not qualify. They still work but the double top is much more reliable.
Oscar
futuresanalysts 3 years ago
Charts may not apply next week.
InTheSticks1881 3 years ago
Double tops are my favorite charting pattern to trade. This video is a bonus to the indepth class you gave on double tops this week. Oh, and thanks Oscar for the help with placing my stops on the bonds and Euro trades. This was my first time trading these (although we canceled the bond trade Friday) and I wasn't sure how to calculate the stop.
cloudcruzer 3 years ago 3
congratulations VMDC for winning the contest. I hope you will do well in trading.
v01101999 3 years ago
Chart after Chart on Monthly, Weekly, and Daily across so many Contracts Oscar shows how Double Tops work. Time after time he shares the best money making patterns with us. You Gotta Believe!!
ebear512 3 years ago 3