The Double Top is one of the most popular chart patterns but…
Most traders get it wrong!
Let me ask you…
Have you traded the Double Top pattern only to realize you’re short at the lows and the market continues to trade higher?
Well, that’s because not all Double Tops are created equal.
If you treat them the same, then you’ll find yourself losing consistently over again.
But here’s the good news:
I’ve created a new trading video that will teach you how to trade Double Top the correct way.
You’ll learn:
•The biggest MISTAKE traders make when trading Double Top and how to avoid it
•How to short at the absolute highs of a Double Top — with low risk
•When is the BEST time to short a breakdown and why
•A little-known technique to identify high probability Double Top trading setups (I’ve not seen anyone talking about it before)
Now…
Even if you don’t trade chart patterns, I suggest you watch this video because there’s a lot of practical trading techniques that you can apply immediately.
So go watch this video right now.
If you want more actionable trading tips and strategies, go to https://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: http://bit.ly/2EFg5VN
Most traders get it wrong!
Let me ask you…
Have you traded the Double Top pattern only to realize you’re short at the lows and the market continues to trade higher?
Well, that’s because not all Double Tops are created equal.
If you treat them the same, then you’ll find yourself losing consistently over again.
But here’s the good news:
I’ve created a new trading video that will teach you how to trade Double Top the correct way.
You’ll learn:
•The biggest MISTAKE traders make when trading Double Top and how to avoid it
•How to short at the absolute highs of a Double Top — with low risk
•When is the BEST time to short a breakdown and why
•A little-known technique to identify high probability Double Top trading setups (I’ve not seen anyone talking about it before)
Now…
Even if you don’t trade chart patterns, I suggest you watch this video because there’s a lot of practical trading techniques that you can apply immediately.
So go watch this video right now.
If you want more actionable trading tips and strategies, go to https://www.tradingwithrayner.com
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: http://bit.ly/2EFg5VN
This is everything I was looking to confirm…trading double top and bottom with the trend
Rayner is the boss
I see most of these double tops videos are 5 years old. I wonder why (or I know why). For 3 years I have tested these on 4H forex pairs. I did 53 forward tests and labeled them with trading with the 200 EMA, against the 200 EMA or the 200 EMA was flat. It barely made around 0 $. I modified the criteria. If I see anything resembling a lot of momentum or a trend, they are not traded. I wanted to see a deep middle part before the second top, and I wanted to have the second top higher than the first with a rejection wick. Still nothing. 10 losses in a row.
Conclusion: Double tops do not work! Spare yourself a lot of time and leave it! Or just trade against them. Double top = long. Double bottom = short.
thank you sir
You are a god ….
doesnt it become double bottom pattern in downtrend…..
Please I need that book
Very nice thank you
When we say double top should there a higher high before the reversal?
Yes my friend u teaching me the right way
Hi Rayner when the double top or bottom is forming if the candle stick breaks below the first swing breaks back in can one trade still trade price pattern that's the question 💙
Did this just happen with copper?
Sir, what is the target price of double top pattern
hey dude, are you still making new vids? i got a question for you my friend! lol 🙂
do you know why is it that the more a stock trades sides ways during lunch time, the more probab it becomes that it might break out?
I wanted to ask , for that double top on a downtrend market, how about that price refuse to go down and it goes up, just a double top but for a uptrend ? Wich one makes more sense ?
💚Thanks man
Sifu, thank you fore your teachings. I have learned a lot…
🙏
Thank you
TY
Awesome content. Thank you sir 👍
Wow
Why nipples? 😅😂😂😂