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:
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Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: http://bit.ly/2EFg5VN

By Stock Chat

where the coffee is hot and so is the chat

23 thoughts on “Trading strategy: how to trade the double top chart pattern like a pro”
  1. Avataaar/Circle Created with python_avatars Gadafi Yusif says:

    This is everything I was looking to confirm…trading double top and bottom with the trend

  2. Avataaar/Circle Created with python_avatars Ibrahim Tayo says:

    Rayner is the boss

  3. Avataaar/Circle Created with python_avatars Lambo Holygrail says:

    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.

  4. Avataaar/Circle Created with python_avatars john drow says:

    thank you sir

  5. Avataaar/Circle Created with python_avatars Deepika Weerasinghe says:

    You are a god ….

  6. Avataaar/Circle Created with python_avatars Ash says:

    doesnt it become double bottom pattern in downtrend…..

  7. Avataaar/Circle Created with python_avatars Nature Love says:

    Please I need that book

  8. Avataaar/Circle Created with python_avatars Priya Priya says:

    Very nice thank you

  9. Avataaar/Circle Created with python_avatars Eddy Peru says:

    When we say double top should there a higher high before the reversal?

  10. Avataaar/Circle Created with python_avatars Lol N says:

    Yes my friend u teaching me the right way

  11. Avataaar/Circle Created with python_avatars BeakuFx says:

    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 💙

  12. Avataaar/Circle Created with python_avatars A Manzella says:

    Did this just happen with copper?

  13. Avataaar/Circle Created with python_avatars ja marag sahib mile says:

    Sir, what is the target price of double top pattern

  14. Avataaar/Circle Created with python_avatars german bolanos says:

    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?

  15. Avataaar/Circle Created with python_avatars capofx says:

    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 ?

  16. Avataaar/Circle Created with python_avatars JR Jezmo says:

    💚Thanks man

  17. Avataaar/Circle Created with python_avatars Beto Yang says:

    Sifu, thank you fore your teachings. I have learned a lot…

  18. Avataaar/Circle Created with python_avatars dinu siva says:

    🙏

  19. Avataaar/Circle Created with python_avatars Archer GRC says:

    Thank you

  20. Avataaar/Circle Created with python_avatars Gev Khalulyan says:

    TY

  21. Avataaar/Circle Created with python_avatars PANCHASANGU PARAKALA RAJAN says:

    Awesome content. Thank you sir 👍

  22. Avataaar/Circle Created with python_avatars The SwingTrader says:

    Wow

  23. Avataaar/Circle Created with python_avatars Hola! Mishell Ogi says:

    Why nipples? 😅😂😂😂

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