7. Day Trading and Investing: Charting Patterns Lesson 1

http://www.informedtrades.com/
The first lesson in a series on chart patterns for traders and investors in the stock market, futures market, and forex market.

Category:

Education

Tags:

• how
• to
• daytrade
• investing
• forex
• market
• finance
• business
• stock
• futures
• technical
• analysis
• informedtrades

[Ghola4life]

Good job sir!

[InformedTrades]

thanks for the comment I am glad you liked it. Best Regards, Dave

[visulube]

Hi Dave

Your videos are great, you are a fabulous teacher, which in turn reflects your knowledge of this subject.

Keep it up !!

[InformedTrades]

Hi visulube, Thanks for the comment I am glad you like the videos and are finding them useful. Best Regards, Dave

[eshmaloner]

I am a little confused how we should differentiate a double top/bottom from stocks trading in a range. In your previous example of Nike, there seemed to be a triple top and a triple bottom, yet you implied that a good trade would be to buy the triple bottom (as it took off from there). Would you wait to see if it bounced a little from that triple bottom before entering the position?

[InformedTrades]

Hi eshmaloner, Double/triple tops/bottoms can form in a range, however I think most would agree that they are at their most potent when they are at the top or bottom of a trend. The method outlined in the video does wait for the bounce off of the support or resistance line before entering a trade. How aggressive one is there is really a matter of preference. Best Regards, Dave

[Joebrown1111]

I think David is doing a great job. We shouldn't criticize with his work. It did help me a lot as a novice trader when I started trading few years ago. Thanks David for all the free info. Keep up the good work.

[wa7sh999]

great video

[Doodsome]

@InformedTrades

Does that mean that there can be a tripple top chart pattern at the end of the trend? how do I apply the double top theory in that case?

[propriodaroma]

What does it mean when you say buyers and sellers are trying to break through price levels during support or resistance? Why would a seller try of a stock try to break through to a lower price?

[freeSCALPINGindicato]

SCAPING is the king... with right tool it is so easy

[Cresnei]

hello Dave, Im a young trader and im taking your lessons as my basis for technical analysis, it would be great if you could help me showing where can i find in your videos the definitions or aplications of technical indicators.. thanks for your videos..

Best trades to you, Santiago.

[LitheInvestments]

Double tops & double bottoms are good speculative plays, add to the position if the theory holds and this can be profitable.

[FreeFOREXautoROBOT]

Great video,informative. But I prefer Free EA

[zhinghur]

Great video. Awesome. Thanks a tonne for sharing !!!

[williamgen28]

Hello May I ask what time frame is this?