Master The Double Bottom + RSI Divergence Trading Strategy (Full Course)

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  • Опубліковано 24 гру 2024

КОМЕНТАРІ • 276

  • @thetradingchannel
    @thetradingchannel  3 роки тому +18

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.
    Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.
    Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com
    PROGRAM INCLUDES:
    Full training course (beginner to advanced)
    Technical analysis training
    Full rules-based Strategies
    Risk management training
    Strategy optimization training
    Backtesting training
    Weekly analysis video (each Monday)
    3 to 5 email alerts each week
    Pro Trader Report (email of analysis)
    Priority email mentorship (Me personally answering your questions)
    Review videos
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    Advanced AP1 pattern training
    Advanced Double bottom/top training
    And much much more...
    For any questions about the course email - support@thetradingchannel.net
    PROGRAM ACCESS - www.eaptrainingprogram.com
    Talk soon,
    Your honest trading coach,
    Steven

    • @ahmedabba719
      @ahmedabba719 2 роки тому

      Thank you very much my boss your help slot thanks very much God bless Sir

    • @thepostman9664
      @thepostman9664 Рік тому

      Maybe the imposters can better master the RSI divergence .

  • @donaldzvandikona4567
    @donaldzvandikona4567 2 роки тому +4

    Today is Saturday 26 February 2022 1452Hrs RSA (South Africa 🇿🇦) I have watched this video and adding RSI Divergence to my confluences on both Double Bottoms & Tops for my entries. Hope to give you my success story by 26 March 2022.

  • @Exceptional234
    @Exceptional234 8 місяців тому +1

    You are the best trading coach for my life and everyday of my life I pray for you for more knowledge and wisdom because you have change my trading life so far

  • @OrlieJohn
    @OrlieJohn 3 роки тому +7

    For almost 5 years that I have been watching educational videos about trading, you were by far the most concrete, honest, and best youtuber ever!!!! Thank you so much! Keep it up!
    P.S. I rarely comment on a youtube videos

  • @StackboySaint
    @StackboySaint 3 роки тому +5

    Can I say that I wanted to double-like this vid!? When you said that that winning trade was painful, i couldn’t have felt it more. Just watching!..What a relief! Great coaching

  • @bishalmagar2348
    @bishalmagar2348 3 роки тому

    I just tried on Demo and already $300+ profit damn God bless for this free strategy

  • @muhammadhalliru5157
    @muhammadhalliru5157 10 місяців тому

    Last year i watched this video.. Am profitable since watching it ... The holy grail.. Thank you steve. Its 2024❤❤❤

  • @gabsilevictoria817
    @gabsilevictoria817 Рік тому +2

    This should be awarded the best trading channel, this channel has helped me alot through the months thank you💯💯

  • @gholamhosseingorgin4799
    @gholamhosseingorgin4799 2 роки тому +10

    Thank you very much Steven for all trading video. You're by far the best Trading Teacher

  • @nickizvik270
    @nickizvik270 9 місяців тому

    On minute 11:10 you show your entry , one think I will add that u use is .
    9 sma
    20 sma
    Make sure candles break above 9 and that the 9 cross the 20 .
    Much safer and saves the anxiety of going up and down to the stop

  • @bobsahagian9465
    @bobsahagian9465 3 роки тому +61

    Don't forget, this works best at Support/Resistance......nice video

    • @Tony1237
      @Tony1237 3 роки тому +3

      Yes...best at support/resistance and pivot points too

    • @behorticulturist4626
      @behorticulturist4626 3 роки тому +2

      Hey, which time frame is best to make double bottom entry????
      In this video he explain on one hr time frame ...but I tested it for 3 hr time frame and gives good results ......

    • @snowaustin2279
      @snowaustin2279 3 роки тому +4

      @@behorticulturist4626 h1 and h4 lower timeframes alot of fakeout

    • @Mr.Snaggy
      @Mr.Snaggy 2 роки тому +1

      @@snowaustin2279 so you wouldnt recommend doing 15mins

    • @pushkarupadhyay6395
      @pushkarupadhyay6395 Рік тому

      @@Tony1237 which pivot point are best for intraday?

  • @hermanruveta3849
    @hermanruveta3849 3 роки тому +2

    This strategy has really help me out its worth using ...I have pulled profits frequently out of the markets and I'm still following it..thanks 👍👍

  • @baslksa6
    @baslksa6 Рік тому +7

    Thank you so much dude , your content is amazing, your teaching is amazing, very well explained and clear, my trading has changed drastically since I started to watch your videos, I really appreciate all the effort you do for your videos, I genuinely hope your channel gets bigger and bigger cuz honestly you deserve it.
    Again thank you so much ❤️ 🙏

  • @arasnoori5534
    @arasnoori5534 3 роки тому +25

    You are the best coach ever I have seen in my life.

    • @Horsethief666
      @Horsethief666 3 роки тому

      @@trustwalletresponseteam8918 imposter. Why you pretending to be the Trading Channel? Take your scams elsewhere.

    • @patricksilvestro2863
      @patricksilvestro2863 3 роки тому

      @@trustwalletresponseteam8918 d

  • @tomasbachman445
    @tomasbachman445 Рік тому +1

    Hello, can you please answer my questions?
    1) What is your avarage risk reward ration using this strategy?
    2) What is your avarage success rate in percentages? I mean how many trades are winners and how many trades are losers?
    Thank you very much!

  • @Tony1237
    @Tony1237 3 роки тому +3

    Double top, double bottom works good ...
    I have backtested more and i have applied in live markets too....adding pivot points and ichimoku gave me additional information about the targets
    .i just love this man...love from india🇮🇳
    Do try it....

    • @plutofx4280
      @plutofx4280 3 роки тому

      Please what's ichimoku

    • @Tony1237
      @Tony1237 3 роки тому

      @@plutofx4280 its ichimoku cloud indicator...

    • @Tony1237
      @Tony1237 3 роки тому

      Crypto ARVI -- scam ??🙄

    • @plutofx4280
      @plutofx4280 3 роки тому

      @@Tony1237 okay thanks

    • @ronaknainiwal3508
      @ronaknainiwal3508 3 роки тому

      Could u share some backtesting results??

  • @05Atomik
    @05Atomik 3 роки тому +4

    Mate I had to like when you put the comment on at 1:50 haha. Started learning about day trading 3 days ago and I was able to follow your logic in that first 1:49. I’m miles away from even developing a strategy, let alone paper trading, but I’m really enjoying the initial learning stage for now.
    Thanks and all the best

  • @stuntchild
    @stuntchild Рік тому

    I like that Triple Top example on your shirt (!)
    I learned a new trading pattern in less than 11 seconds.

  • @ElijahLintonThe1st
    @ElijahLintonThe1st Рік тому

    that 1:49 explanation was everything i needed

  • @Candymannproductions
    @Candymannproductions 3 роки тому +1

    You run the best channel ever

  • @ashlondon5325
    @ashlondon5325 3 роки тому +4

    Excellent video, described in an easy to understand mode.
    Well done, for educating the masses. I enjoyed every minute, and in fact I watched it numerous times, to ensure I did not miss out any points.

  • @jerriskaramdhaney7612
    @jerriskaramdhaney7612 3 роки тому +7

    This is actually how I trade as well and it is so fun I really enjoy it, thanks for this video especially the part where the sl was almost hit multiple times. Always watch your videos and I was really excited when you released this one

    • @jerriskaramdhaney7612
      @jerriskaramdhaney7612 3 роки тому

      @LIBERTY TRADING COMMUNITY almost good 😂 still need some more practice

    • @jerriskaramdhaney7612
      @jerriskaramdhaney7612 3 роки тому

      @The Trading Channel I'm not dumb, can't just change your name and profiles pic and expect people to fall for your scams. Stop preying on desperate people!

    • @jerriskaramdhaney7612
      @jerriskaramdhaney7612 3 роки тому

      @William Mpofu it's a fake account with no videos trying to get people to send them money

    • @jerriskaramdhaney7612
      @jerriskaramdhaney7612 3 роки тому

      @William Mpofu he's not desperate, it's not like it's going to hurt his name it's hurting someone else's

  • @mpumii5832
    @mpumii5832 3 роки тому +1

    Your thumbnails are fire🔥🔥🔥

  • @anitadelgigante2126
    @anitadelgigante2126 3 роки тому

    Like the overview first, followed by the detailed walk-through. Demonstrating how it works in practice, in a live trade is very helpful also. Thank you.

  • @johnpersaud2497
    @johnpersaud2497 3 роки тому

    WOW !!!!!!! I am not a trader yet, but you can surly teach.

  • @josiah25_84
    @josiah25_84 2 роки тому

    Probably the best video I’ve ever seen for supports and resistance or supply and demand zones

  • @kigongomuzafaru3799
    @kigongomuzafaru3799 2 роки тому +1

    Thanks so much appreciated been struggling with entries

  • @sagars6820
    @sagars6820 3 роки тому +1

    Price action is subjective...but rules makes it objective..very well explained mate...thanks...

  • @Animatedinvention
    @Animatedinvention 3 роки тому +23

    Sir I m really thankful to u ,sir with ur strategy I never lose even 1 trade ,thank u so much

  • @ani-bv5mq
    @ani-bv5mq 3 роки тому

    thankyou man.. before i wasnt aware about ur lessons .use to criticise the content .not any more ..ur the best out there ...keep going.. and thankyou

  • @frkmb1315
    @frkmb1315 3 роки тому +2

    Doble top/bottom is my favorite strategy's, u make it More confirmed with RSI divergence.

    • @supermario1974
      @supermario1974 3 роки тому +1

      but can it be used anywhere on the chart or only at the zones of support and resistance

  • @kullylloyd555
    @kullylloyd555 Рік тому

    I've been looking for this skill. You're the best. Thanks alot

  • @Urronaldo7-x6g
    @Urronaldo7-x6g Рік тому

    I will definitely master this strategy sooner.

  • @leylandtaylor6236
    @leylandtaylor6236 Рік тому

    Very informative video, i would need to look at it again to get accostom to the idea....❤

  • @michaelcozzitortoiii5350
    @michaelcozzitortoiii5350 3 роки тому

    This kind of thing takes a while to get down... but it’s such good info I can’t believe you’re giving it for free. Through all the BS trading gurus on UA-cam you continue to provide quality information. Can’t thank you enough Steven.

  • @TheGhanaianTrader
    @TheGhanaianTrader 2 роки тому +1

    Steven your always the best in this trading and trading aspect really appreciated for all your free video. But, I can’t wait to watch the rules you talked about lol.

  • @marinatorres-c9r
    @marinatorres-c9r 3 місяці тому +1

    You teaches well,but I think it is good if you speak a little slowly. So that non english people can easily understand you better

  • @shukbindersingh9875
    @shukbindersingh9875 3 роки тому +1

    i got this part. I just dint get how to put your stop loss. If you explain this in your next video it will very helpful. I watch all your videos

  • @ms.argentum3721
    @ms.argentum3721 3 роки тому +5

    10:20 I can physically feel the pain just by watching 😂😅

  • @LaxmanMahato
    @LaxmanMahato 3 роки тому

    how big should your green box be? please answer

  • @seleradila4549
    @seleradila4549 3 роки тому +1

    Thank you very much Steven for this trading video. You're by far the best Trading Teacher/Tutor online. Planning to also join your EAP class soon.

  • @sagardighole2683
    @sagardighole2683 Рік тому

    love you bro from India🇮🇳

  • @praisesuwa3938
    @praisesuwa3938 9 місяців тому

    Bro you save our life ❤❤❤

  • @imrannoorjhelum
    @imrannoorjhelum 9 місяців тому

    Excellently Explain ❤

  • @mrjughead87
    @mrjughead87 3 роки тому

    I want to say thank you for your videos. They have taught me a lot in reading the patterns of a stock and how to understand candlesticks and much more. The thing I was looking for since you seem to be a "day trader" is how do you find the right stock for a long hold like Apple that pays dividends vs long holds like Tesla that don't. I don't know if that makes any sense but I hope your or someone else reading this understands what I'm trying to say, lol. Have a great day :-)

  • @sirjeff5193
    @sirjeff5193 Рік тому

    which broker are you using Sir, i like the way you can set the percentage you willing to loose and your target before entering a trade.. i dont think you can do that on MT4

  • @theantidote9753
    @theantidote9753 3 роки тому +2

    There was absolutely no divergence on the first part of the video,
    1. Bullish divergence: Price forms a Lower Low, While the RSI forms a
    higher Low
    2. Bearish divergence: Price forms a Higher high, While the RSI forms Lower a Lower high
    I Am Antidote

  • @ammarali6574
    @ammarali6574 Рік тому

    Wow really well explained and a really informative video. Thankyou

  • @CryptoKooper
    @CryptoKooper 3 роки тому +1

    Thank you for this video. I learned a lot.

  • @gilberthachem9099
    @gilberthachem9099 2 роки тому

    what is pips that he talks about when he says 20 pips etc..,please full explaination
    tnku so much

  • @eligambill6093
    @eligambill6093 3 роки тому

    What is the RSI indicator settings? Great video btw

  • @biginvestment8299
    @biginvestment8299 3 роки тому +2

    You video never miss, good vid 🔥

  • @GolthierSantos
    @GolthierSantos 3 роки тому +1

    Back tests stating today. Excellent content as always. Thanks dude

  • @raghusunkara7077
    @raghusunkara7077 Місяць тому

    Double bottom or top are crazy for trap trading !

  • @TheUnprejudise
    @TheUnprejudise 3 роки тому

    Good teacher for day trade

  • @bubukita4921
    @bubukita4921 3 роки тому

    very informative and clear explaination.a great teaching.hope you stay health and God bless you

  • @onojaemmanuel5083
    @onojaemmanuel5083 3 роки тому

    Mr Steve thanks so much for this educative video.
    Please at what value did you set up the RSI, I didn't get it well.
    Thanks as you will respond to my question.

  • @charlietan2172
    @charlietan2172 3 роки тому

    on 6:33, did you say a candle "can" or "can't" close inside the box?

  • @hamedkhorami-d6m
    @hamedkhorami-d6m 3 місяці тому

    Hi there, your courses are amazing, but in this video I became confused, as you already mentioned we find our chart structure in high timeframe then get position in the low timeframe. but in the first double bottom which was in the downtrend, you first found the double bottom in 1 hour timeframe that it had been determined as high timeframe then you got the long position in that timeframe. in this case usually you went to the low timeframe and looked for candlestick pattern or at least the good bullish reaction, was it different strategy or has a key?

  • @arvinsingh111
    @arvinsingh111 3 роки тому

    Good day can you use moving average for double bottom

  • @agaur3255
    @agaur3255 3 роки тому

    Great strategy. Didn't get the divergence part at 14 mins... couldn't see the divergence as both the price and the rsi were making lower lows.

    • @bobvalley2221
      @bobvalley2221 3 роки тому

      He was counting the double tops and double bottoms as equal even though they really weren't and looking for divergence on the RSI. It's actually a pretty smart way of looking at it.

  • @xolilemethus7186
    @xolilemethus7186 3 роки тому +1

    Do we enter the trade even if the green candle havent closed on double bottom?
    Very good video🔥🙌, and I wanna stick to this strategy

  • @setaripantheon8801
    @setaripantheon8801 3 роки тому +1

    Great video!
    What is that program you use mate?

  • @muhammadabdulsattar6774
    @muhammadabdulsattar6774 3 роки тому

    Hi, fyi I've kept fish, their memory lasted many many minutes. Very good video!

  • @hughD11
    @hughD11 Рік тому

    Thanks. What's the EMA 50 for?

  • @morrisgiovinco5937
    @morrisgiovinco5937 3 роки тому +1

    Boss you are good to follow and after watching I download the clip because I want to be perfect like you. Thanks for all the guide lines but plz send me the box that draws the stop lose and take profit.

  • @endzonedayz
    @endzonedayz 2 роки тому

    Are your courses only beneficial to those trading Forex? Do your programs and strategies also work just as well on equities? I am interested in signing up, but I do not trade forex at all and I only trade equities.

  • @arbteampraetorians3452
    @arbteampraetorians3452 3 роки тому

    bro i like ur channel it help a lot

  • @paulakateamboy784
    @paulakateamboy784 3 роки тому +1

    Bravo. Thanks mentor.

  • @femmeforex
    @femmeforex 11 місяців тому

    Hey Steven which RSI indicator are you using? The only ones I've seen don't have the measuring tool on the left that you mention that shows the # bought/sold per peak to analyze whether it is divergent. Mine only ever show the title of the indicator, nothing more. Thx great videos.

  • @joshuabello1225
    @joshuabello1225 Рік тому

    Question: how would be put the zone from the first bottom if the candle of the first bottom doesn't have a big candle or no candle at all?

  • @cascounty
    @cascounty Рік тому

    In your opinion what site has the largest coin selection for trading? …. Thanks

  • @awaken8282
    @awaken8282 3 роки тому

    Your best video so far

  • @Mynameisjeff699
    @Mynameisjeff699 2 роки тому

    The most useful content up there

  • @hokagejiraiya1
    @hokagejiraiya1 2 роки тому

    Hi Steven, im confused @ 8:39 when price is making lows.. since general trend is Bearish trend, which end do we have to pay attention to? the Lower Highs? or the LL of the price? thanks

  • @TornaTrading1
    @TornaTrading1 3 роки тому

    Thank you for this course.

  • @bahaaalsahen5551
    @bahaaalsahen5551 3 роки тому

    At 14.05 its not divergence so can you please explain what is divergence in your thinking 🤔

  • @parsuramdhakal4481
    @parsuramdhakal4481 Рік тому

    Here are to many rsi divergence which one is good sir

  • @ajewoleolalekan26
    @ajewoleolalekan26 3 роки тому +1

    how do i subscribe to your training season?

  • @bagg318
    @bagg318 3 роки тому

    Thanx, like this , definitly using

  • @anthonysanders9211
    @anthonysanders9211 3 роки тому +3

    question.... when you identify divergence do you use the wicks on the candlesticks or the bodies? Because in the last trade on the video if you use wicks it looks like the angle of the candles wick are both pointing down? I wouldn't have seen this as divergence but obviously it was? I'm confused

  • @josenoemacayan2076
    @josenoemacayan2076 3 роки тому +1

    Hi Steven. Where do you buy and sell? What is the website that you use when live trading? Thank you

  • @purgekxng9324
    @purgekxng9324 2 роки тому

    Which platform is that?

  • @ideleodion8361
    @ideleodion8361 3 роки тому

    I always Appreciate your videos

  • @pepijnzwartenberg1007
    @pepijnzwartenberg1007 3 роки тому

    can someone explain how to set the stop losses and the TakeProfits, and how to properly use your risk management? (for example how much would you put in a trade at the maximum percentage of your total account money?

  • @faresal-amri4676
    @faresal-amri4676 2 роки тому

    I just love your videos bro

  • @toniragot7242
    @toniragot7242 3 роки тому +3

    Thanks coach steven, very informative and effective, all we have is the discipline to execute... More great videos to come.... More health and wealth...

  • @johnalidu6328
    @johnalidu6328 3 роки тому

    Great presentation.
    What if the breakout Candlestick/Bar is Great than 2× ATR of the Breakiut Candle?

  • @PardeepSingh-pj1ly
    @PardeepSingh-pj1ly 3 роки тому

    Thanks, Steven
    Can you please make a video on hidden divergence..

  • @edwinbab705
    @edwinbab705 3 роки тому

    for beginner what is the best forex site to back test and open an account?

  • @Joseph_Westermire
    @Joseph_Westermire Рік тому

    do you have different variation of this strat?

  • @xt225
    @xt225 3 роки тому

    Fa-Bu-Lous. Man you are inspiring.

  • @pattrader6419
    @pattrader6419 3 роки тому +30

    3rd time watching and each one gives me another "oh shit" moment..

  • @T_rueKrys
    @T_rueKrys 7 місяців тому

    can someone pls tell me which currency pair the best for double bottoms and tops

  • @thabanglucas2728
    @thabanglucas2728 Рік тому

    I just entered close to 15 trades and I lost them all. Over 8 of them went my way but I got stoped out before market went my way.

  • @Injukes
    @Injukes 3 роки тому

    I think confluence with DTR/ATR would be also nice

  • @AZ-tp5yi
    @AZ-tp5yi 3 роки тому

    Wat platform are you using in the video

  • @galph86
    @galph86 2 роки тому

    Great video. Can Anyone answer a Divergence question about this video. What is Steve seeing or calling Divergence on the RSI after getting his double bottom? It's Not true Divergence so what is he looking for on the RSI?
    That's the only piece I'm not getting and I'd like to add that confluence.

    • @distanthealer95
      @distanthealer95 Рік тому +1

      So, I am not the only one who noticed that it wasn't a divergence at all after double bottom. So ithis trat. is pointless .

  • @alastairgriffiths8355
    @alastairgriffiths8355 2 роки тому +1

    Hi, thankyou for your content. I have been trying this for 15 years and still on a demo account (after losing BIG so many times it hurts). Finally I have found some-one who can tell me what I'm doing wrong....I have always know it was the phycology but I couldn't say why....fingers crossed...anyway are you able to share the name of the platform that you use please? I really struggle with setting the risk amount on the platform that I currently use. Yours looks so good when all you do is type in 1 for % of available funds. THANKYOU

  • @huuphu17
    @huuphu17 3 роки тому +7

    I used to have indicators on my chart like the MACD, RSI, EMA,... Now I just rely on price action with support and resistance.

    • @huuphu17
      @huuphu17 3 роки тому

      @The Trading Channel Get lost scammer.