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!


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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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