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

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  • Опубликовано: 9 ноя 2024

Комментарии • 276

  • @thetradingchannel
    @thetradingchannel  3 года назад +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
    FREE Spreadsheet for backtesting
    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 года назад

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

    • @thepostman9664
      @thepostman9664 Год назад

      Maybe the imposters can better master the RSI divergence .

  • @donaldzvandikona4567
    @donaldzvandikona4567 2 года назад +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.

  • @OrlieJohn
    @OrlieJohn 3 года назад +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

  • @Exceptional234
    @Exceptional234 7 месяцев назад +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

  • @muhammadhalliru5157
    @muhammadhalliru5157 9 месяцев назад

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

  • @bobsahagian9465
    @bobsahagian9465 3 года назад +61

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

    • @Tony1237
      @Tony1237 3 года назад +3

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

    • @behorticulturist4626
      @behorticulturist4626 3 года назад +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 года назад +4

      @@behorticulturist4626 h1 and h4 lower timeframes alot of fakeout

    • @Mr.Snaggy
      @Mr.Snaggy 2 года назад +1

      @@snowaustin2279 so you wouldnt recommend doing 15mins

    • @pushkarupadhyay6395
      @pushkarupadhyay6395 Год назад

      @@Tony1237 which pivot point are best for intraday?

  • @StackboySaint
    @StackboySaint 3 года назад +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 года назад

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

  • @gholamhosseingorgin4799
    @gholamhosseingorgin4799 2 года назад +10

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

  • @gabsilevictoria817
    @gabsilevictoria817 Год назад +2

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

  • @baslksa6
    @baslksa6 Год назад +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 ❤️ 🙏

  • @hermanruveta3849
    @hermanruveta3849 3 года назад +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 👍👍

  • @arasnoori5534
    @arasnoori5534 3 года назад +26

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

    • @Horsethief666
      @Horsethief666 3 года назад

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

    • @patricksilvestro2863
      @patricksilvestro2863 3 года назад

      @@trustwalletresponseteam8918 d

  • @nickizvik270
    @nickizvik270 8 месяцев назад

    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

  • @tomasbachman445
    @tomasbachman445 Год назад +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 года назад +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 года назад

      Please what's ichimoku

    • @Tony1237
      @Tony1237 3 года назад

      @@plutofx4280 its ichimoku cloud indicator...

    • @Tony1237
      @Tony1237 3 года назад

      Crypto ARVI -- scam ??🙄

    • @plutofx4280
      @plutofx4280 3 года назад

      @@Tony1237 okay thanks

    • @ronaknainiwal3508
      @ronaknainiwal3508 3 года назад

      Could u share some backtesting results??

  • @sagars6820
    @sagars6820 3 года назад +1

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

  • @Animatedinvention
    @Animatedinvention 3 года назад +23

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

  • @ElijahLintonThe1st
    @ElijahLintonThe1st Год назад

    that 1:49 explanation was everything i needed

  • @stuntchild
    @stuntchild Год назад

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

  • @ashlondon5325
    @ashlondon5325 3 года назад +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 года назад +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 года назад

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

    • @jerriskaramdhaney7612
      @jerriskaramdhaney7612 3 года назад

      @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 года назад

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

    • @jerriskaramdhaney7612
      @jerriskaramdhaney7612 3 года назад

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

  • @05Atomik
    @05Atomik 3 года назад +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

  • @frkmb1315
    @frkmb1315 3 года назад +2

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

    • @supermario1974
      @supermario1974 3 года назад +1

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

  • @anitadelgigante2126
    @anitadelgigante2126 3 года назад

    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.

  • @michaelcozzitortoiii5350
    @michaelcozzitortoiii5350 3 года назад

    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 RUclips you continue to provide quality information. Can’t thank you enough Steven.

  • @josiah25_84
    @josiah25_84 2 года назад

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

  • @shukbindersingh9875
    @shukbindersingh9875 3 года назад +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

  • @kullylloyd555
    @kullylloyd555 Год назад

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

  • @TheGhanaianTrader
    @TheGhanaianTrader Год назад +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.

  • @johnpersaud2497
    @johnpersaud2497 3 года назад

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

  • @Candymannproductions
    @Candymannproductions 3 года назад +1

    You run the best channel ever

  • @seleradila4549
    @seleradila4549 3 года назад +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.

  • @ani-bv5mq
    @ani-bv5mq 3 года назад

    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

  • @Urronaldo7-x6g
    @Urronaldo7-x6g Год назад

    I will definitely master this strategy sooner.

  • @kigongomuzafaru3799
    @kigongomuzafaru3799 Год назад +1

    Thanks so much appreciated been struggling with entries

  • @toniragot7242
    @toniragot7242 3 года назад +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...

  • @mrjughead87
    @mrjughead87 3 года назад

    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 :-)

  • @xolilemethus7186
    @xolilemethus7186 3 года назад +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

  • @ariscruz5641
    @ariscruz5641 3 года назад +1

    Hey bro, love your videos! I just want to ask... Does your trading strategy videos also work for cryptocurrency trading?

  • @mpumii5832
    @mpumii5832 3 года назад +1

    Your thumbnails are fire🔥🔥🔥

  • @GolthierSantos
    @GolthierSantos 3 года назад +1

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

  • @leylandtaylor6236
    @leylandtaylor6236 Год назад

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

  • @bubukita4921
    @bubukita4921 3 года назад

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

  • @onojaemmanuel5083
    @onojaemmanuel5083 3 года назад

    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.

  • @alastairgriffiths8355
    @alastairgriffiths8355 2 года назад +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

  • @eligambill6093
    @eligambill6093 2 года назад

    What is the RSI indicator settings? Great video btw

  • @morrisgiovinco5937
    @morrisgiovinco5937 3 года назад +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.

  • @setaripantheon8801
    @setaripantheon8801 3 года назад +1

    Great video!
    What is that program you use mate?

  • @TheUnprejudise
    @TheUnprejudise 3 года назад

    Good teacher for day trade

  • @sagardighole2683
    @sagardighole2683 Год назад

    love you bro from India🇮🇳

  • @yev4481
    @yev4481 3 года назад +1

    Steven, I have a question that I’ve been struggling with, when we talking about trend being under or above MA, it shows differently in different timeframe. For instance when I choose 15min timeframe - the trend will be above MA, then I choose 4hours - the trend will be below MA
    So what timeframe should I go with
    And I’m talking about day trading. When I need to analyze and place the trade within one day
    Thank you for your incredible content! Big fan of yours :)

  • @ammarali6574
    @ammarali6574 Год назад

    Wow really well explained and a really informative video. Thankyou

  • @agaur3255
    @agaur3255 3 года назад

    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 года назад

      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.

  • @ms.argentum3721
    @ms.argentum3721 3 года назад +5

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

  • @PardeepSingh-pj1ly
    @PardeepSingh-pj1ly 3 года назад

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

  • @gasmaskki11a41
    @gasmaskki11a41 3 года назад

    Thanks love the content I’ve. Even watching for almost two years now

  • @praisesuwa3938
    @praisesuwa3938 7 месяцев назад

    Bro you save our life ❤❤❤

  • @johndrow8866
    @johndrow8866 3 года назад

    Tnx Bro!! Ive been testing this not long ago but not consistent but now you just confirmed it for me :) more of this please tnxxxxx!!!!

  • @dhammanu
    @dhammanu 3 года назад

    first time watching.. and been procrastinating for a long time.. but have to say... DAMN GOOD WAY TO EXPPLAIN.. u r awesome in making it easy to understand.. Do you teach strategies for Crypto trading, and Leverage trading on Crypto as well?

  • @imrannoorjhelum
    @imrannoorjhelum 8 месяцев назад

    Excellently Explain ❤

  • @sirjeff5193
    @sirjeff5193 Год назад

    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

  • @pepijnzwartenberg1007
    @pepijnzwartenberg1007 3 года назад

    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?

  • @endzonedayz
    @endzonedayz 2 года назад

    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.

  • @johnalidu6328
    @johnalidu6328 3 года назад

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

  • @Injukes
    @Injukes 3 года назад

    I think confluence with DTR/ATR would be also nice

  • @hughD11
    @hughD11 Год назад

    Thanks. What's the EMA 50 for?

  • @biginvestment8299
    @biginvestment8299 3 года назад +2

    You video never miss, good vid 🔥

  • @muhammadabdulsattar6774
    @muhammadabdulsattar6774 3 года назад

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

  • @gilberthachem9099
    @gilberthachem9099 2 года назад

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

  • @marinatorres-c9r
    @marinatorres-c9r 2 месяца назад +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

  • @paulakateamboy784
    @paulakateamboy784 3 года назад +1

    Bravo. Thanks mentor.

  • @CryptoKooper
    @CryptoKooper 3 года назад +1

    Thank you for this video. I learned a lot.

  • @Arbnor_Spahiu
    @Arbnor_Spahiu 3 года назад

    Thanks man for these videos,u are amazing and doing amazing job to help us!

  • @TornaTrading1
    @TornaTrading1 3 года назад

    Thank you for this course.

  • @jsssmdnrhr7383
    @jsssmdnrhr7383 3 года назад

    can apply this strategies in stock market for day trading?? pls reply bcs ur videos are 🔥

  • @anthonysanders9211
    @anthonysanders9211 3 года назад +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

  • @galph86
    @galph86 2 года назад

    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 Год назад +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 .

  • @Mynameisjeff699
    @Mynameisjeff699 2 года назад

    The most useful content up there

  • @hamedkhorami-d6m
    @hamedkhorami-d6m Месяц назад

    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?

  • @ideleodion8361
    @ideleodion8361 3 года назад

    I always Appreciate your videos

  • @awaken8282
    @awaken8282 3 года назад

    Your best video so far

  • @arvinsingh111
    @arvinsingh111 3 года назад

    Good day can you use moving average for double bottom

  • @theantidote9753
    @theantidote9753 3 года назад +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

  • @josenoemacayan2076
    @josenoemacayan2076 3 года назад +1

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

  • @bagg318
    @bagg318 3 года назад

    Thanx, like this , definitly using

  • @huuphu17
    @huuphu17 3 года назад +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 года назад

      @The Trading Channel Get lost scammer.

  • @cascounty
    @cascounty Год назад

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

  • @SureshBabu-ee1pg
    @SureshBabu-ee1pg 3 года назад

    Sir, very nice explanation, sir how to calculate stop loss.

  • @BusingeFrank
    @BusingeFrank Год назад

    You are the best bro

  • @AfloridaBoy.J
    @AfloridaBoy.J 3 года назад

    I have a question as to which broker I should use. I was on Robinhood but I’m not sure if I should continue to trade through them after the GME scandal.

  • @faresal-amri4676
    @faresal-amri4676 2 года назад

    I just love your videos bro

  • @jefftewoold1142
    @jefftewoold1142 3 года назад +1

    I actually trade this strategy i just add another confluence which is the sharkfin 🔥

  • @omkarrudrakar6476
    @omkarrudrakar6476 3 года назад +1

    Thank you ...Sir for this profitable stuff 👍👍

  • @edgardoduran8107
    @edgardoduran8107 3 года назад

    this is what i need great lesson,,,,, wow

  • @OfficialUniquebeing
    @OfficialUniquebeing 2 года назад

    Wow bro you're a pro

  • @femmeforex
    @femmeforex 10 месяцев назад

    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.

  • @xt225
    @xt225 3 года назад

    Fa-Bu-Lous. Man you are inspiring.

  • @pattrader6419
    @pattrader6419 3 года назад +30

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

  • @richardmushi5090
    @richardmushi5090 3 года назад

    Awesome stuff I’m loving the CEST rule thanks to Steve