Saturday, November 18, 2017 8:59:32 AM
I am putting together some trade ideas for a double top/bottom strategy, and this is what I am penciling in for now. (will be doing some more back testing to confirm the strategy) But for now I like how it works.
This is a great video that shows the double bottom/tops
http://www.beatsloop.com/video/GEv9k1v9u0s
Short position ideas
Long position ideas
Break out strategy and target. (I am studying the double top/bottom more now as it could be used to enter a position earlier, with a minimal risk/stop loss target).
IMHO GDXJ and JNUG are very similiar when it comes to charting
Daily gold chart, maybe still in a consolidation pattern?
Weekly gold is set up nicely now
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