Monday, October 20, 2014

Price Action Trading A Double Bottom On Crude Oil Futures;

Buying the Double Bottom on Crude Oil allowed us to profit on 168 ticks before the market even opened!

In today's video we see Crude Oil failing at its previous swing forming a beautiful bullish rejection of the Double Bottom.

This gave us an opportunity to buy this failure and bank a whopping $1,680 on the trade!

We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.

Double Bottom and Top Patterns are a VERY common occurrence but the important part of them is knowing how to trade them correctly to avoid taking the bad ones. This morning was a beautiful example of this setup for a solid profit before the open even hit!

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