Trading Double Tops and Double Bottoms
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  1. #1
    Join Date
    May 2006
    Posts
    126

    Default Trading Double Tops and Double Bottoms

    This is the most common in trading. It appears so often that it alone may serve as proof positive that price action is not as wildly random as many academics claim. The price charts that traders use express the trader sentiment and double tops and double bottoms represent a re-testing of temporary extremes. If the prices are really at random, why is it that they pause so frequently at these points?

  2. #2
    Join Date
    Apr 2006
    Posts
    48
    Good question, geline. I see that you are figuring this out very quickly lol.

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