Double top/Double bottom intraday in YM market - futures io
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Double top/Double bottom intraday in YM market


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Double top/Double bottom intraday in YM market

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  #1 (permalink)
AJAdio
Ostrava/Czech Republic
 
 
Posts: 2 since Oct 2014
Thanks: 2 given, 0 received

Hello,

I have searched through lots of forums, but was not able to find exactly what I have been looking for..
There is actually a lot of useful information about how to use double bottom and top formations in trading, but I think that all is connected mosty with swing and position trading, but what about use in INTRADAY trading? What are your experience with intraday trading DT/DB ?

Thank you, I am very happy for any answers

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  #3 (permalink)
 Underexposed 
Calgary Alberta/Canada
 
 
Posts: 934 since Feb 2014


As you probably know I don't intra-day trade but I am a chartist and in general most patterns and features of daily charting translate down to intra-day trading.

Of course a double top is generally regarded as a bearish formation and conversely a double bottom is a bullish formation.

I did some digging and it was not too hard to find reference to using these formations intra-day and on reading then I find nothing to disagree with.... here are the links I found

Double Top

Trading an Intraday Double Top

Double and triple tops are reliable stock chart patterns


Double Bottom
Triple and double bottoms stock chart pattern trading rules and ideas


Here is even a site that gives you alerts on Double bottoms....saving you finding some

Recent "Double bottom" Alerts


you may have looked through a number of forums looking for discussions on this subject but Google gives you tons of hits

https://www.google.ca/?gws_rd=ssl#q=double+bottom+intraday

https://www.google.ca/?gws_rd=ssl#q=double+top+intraday

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Last Updated on November 24, 2014


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