Thursday, December 11, 2014

Price Action Double Bottom Trading The Gold Futures; SchoolOfTrade.com



Buying the double bottom lows on Gold allowed us to bank a gorgeous 108 ticks to the upside.

In today's video we see Gold pushing into a double bottom low in consolidation and the sellers completely falling apart at the highs.

This gave us an opportunity to buy the breakout of the range and profit up $1,080 this morning in one BIG move!




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 tops are some of the oldest patterns in the book and there is a reason for it, they are VERY reliable when the context of the trade lines up nicely. 



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