A Double Bottom Pattern is an aggressive bullish trend reversal (or even call the other side a Double Top). It usually has three parts to it: First, a first low. Second, a second low. Third, a third low.

In a double bottom pattern, the first low is followed by a strong push into bear market resistance. The price bounces off that resistance and then repeats the process two times, getting close to a Fibonacci level. At this point, a break out of the trend is likely. A Fibonacci level can be determined by plotting the resistance and support levels on a chart.

Of course, knowing the dynamics behind the double bottom pattern gives us clues about when to enter a trade and which trades should be avoided. At a bare minimum, we should have a basic understanding of technical analysis. Technical analysis uses charts to analyze price movements and its relationship to general economic factors and market expectations.

Technical analysis shows us how price breaks down from a trend in a chart. Prices tend to follow a directional pattern called a trend line. When price breaks out of a trend at a certain point, the trend line becomes broken. In a double bottom pattern, this breakout happens near the continuation of the price trend on a negative slope.

These patterns are called reversal patterns for a reason. When a stock or other investment is poised to reverse out of a trend, a reversal pattern can be indicated. The uptrend is signaled by the break out of the previous trend. And the downtrend is signaled by a break down of the current trend.

A double bottom pattern is created when a stock or security breaks out of a long range (trend) and heads towards a lower timeframe support area. In technical analysis, breakouts are indicators that a stock or security is ready to head towards a reversal pattern. If you are already in a trading position that is favoring a reversal, the best time to enter the market is when the pattern is indicated on a longer chart. If you are not in a position to enter when the pattern is indicated on a shorter timeframe, don’t even think about it! You will be placing too much money in a bad trade.

The double bottom pattern can be created in either a horizontal or vertical bar chart. Either one will work, but it really depends on which chart you choose. Horizontal versions of the pattern are usually indicated on the second day (or day before) of a long bull or bear market. The price of that security may have reversed out of the trend and be ready for a reversal. The longer the time frame, the better!

Vertical versions of the double bottom pattern are more difficult to create and may require the use of candlestick charts. You will see many versions of the pattern were both tops and bottoms are equally represented by candlestick style bars. It is important to be aware that trading with candlesticks means you need to take advantage of the reversal patterns they indicate. You should always treat a trend as a double bottom and work from either the short side (trend) or the long side (counter trend). It doesn’t matter if the trend is sideways (between two bars), moving up (over a bar) or down (nearing a bar).

With the reversal, it’s easy to see how a double bottom pattern can be triggered. When it is released, it means that the price has reversed out of the trend (going down). This opens the door for further gains as the price starts to retrace (go up). When the move is complete, the uptrend has been completed and now the price is set to continue its recovery (move higher). If, however, it’s the other way around (where the downtrend has reached a resistance and the price has started to move up), then a reversal is imminent.

This trading strategy is very effective when used in a combination of other tactics. For instance, if you are already close enough to the support zone (close enough to touch the lower lows and the resistance at the same time), you don’t want to risk exiting your position too early (risking the loss of a small amount of money). Likewise, if you are close enough to the support at the top but not to the tops, it would be a bad idea to exit your trade there either (since you might hit an unfavorable exit limit and be forced to double down or get out of the trade at double the original price). It’s much better to wait for the pattern to reach its highest point on the chart before entering the trade (that way, you’ll have more chances of hitting it with good volume). This is where the trading strategy is most useful. Another trading trading is reversal candlestick patterns which you can take a look too. 

The double bottom pattern gives us another tool to use when entering and exiting trades. In fact, it’s probably one of the most important of all. Don’t make the mistake of being too aggressive early in the move. Instead, wait for the price to make a big move higher before entering the trade. It’s better to ride the move and make some profits here than to lose everything in a big downturn.

Are garden timber cabins waterproof is a query we got asked all the time here at Timberdise Garden Buildings .

The short simple answer to your question is an unquestionable yes!

Why would they not be?

Well, let`s take a look at some of the plausible problems with a timber cabin which would make the timber cabin not waterproof and quite frankly not fit for purpose.The main thing to look at instantly is the roof structure, that`s where you would envision the main trouble would commence (this is not always the situation but that`s where we will commence today). The main trouble with the roof structure would be to have the felt or roof shingles to not be installed properly. This is quite easily done if this is something you have never done before and why it should always be carried out by a specialist most especially if you are putting in a lot of your hard earned money on a timber cabin.

• Make certain that the overlies are overlapping in the right way. You should always commence felting at the bottom of the building and felt upwards. By doing this you guarantee that the felt overlies on top of the piece of felt that is further down the roof structure. This will guarantee there is a natural run off of the water, if you commence felting at the top of the roof structure and you put the overlap from the bottom pieces over the top of the felt higher up when the rain works off it will work underneath the felt and consequently trigger a leak. This is precisely the same when doing shingles, make certain you place from bottom upwards.

• Make certain the overlies of the felt/shingles are quite generous. You don`t want them to be just barely overlapping because this could trigger rain to get between the felt sheets and this will trigger a leak

• Make certain you use enough felt nails. Ideally you want to be spacing the felt nails around 6 inches apart from each other. Always do this on both sides of the felt and dependent on the quality of the felt you are using possibly put another row of nails in the middle,possibly two rows but again this depends on the quality of the felt. Failure to put enough felt nails in there could result in the felt blowing off during a bad storm which would then leave your building subjected to leaks.

• It is additionally important that when you reach the overhang of the building with the felt you tack the felt to side of the roof structure but DO NOT tuck the felt underneath the overhang of the roof structure as this limits the natural run off of the water. This can trigger early rotting of the building and in some cases trigger the roof structure to water leak around the top corners of the building as water could build up.

• Make certain you use the correct size fixings. If the roofing system boards on your building are let`s say 10mm, you don`t want felt nails of 16mm. Doing this would trigger the felt nails to come completely through the roof structure. This would not look cosmetically pleasing and would additionally be a real option of a leak in the building. They way felt is now designed,there should be a watertight seal around the nail but throughout the seasons with wear and tear this may fail resulting in a leak.

• The most regularly overlooked area on a timber cabin building is the felt or shingles on the roof structure. This is generally because we can`t see it most of the time and it`s a lot more difficult to get up there and have a look,but this is precisely what you should do and I would highly recommend at least once a year or if you notice a leak. Because timber cabins are not built as high as the normal house and the felt and shingles aren`t quite as tough and resilient as a typical house tile they require a little more attention. They are subjected to more elements on a daily basis because they are lower, this can result in a number of things from falling debris from trees, or another instance would be a children`s toys getting thrown up there which would all trigger damage to the felt/shingles. Not to mention lots of bird excrement can rot the felt if it is in an area where natural rain can not penetrate it to create a natural run off and cleaning system (for instance if your timber cabin sits under a plant).

Timberdise place all of our timber cabins, we do this because we know you are investing a lot of money into a timber cabin and you want it to be around for a long period of time. So the best way we can guarantee this happens is to take care of the installation and make certain it is installed properly. We`ve been out to repair timber cabins in the past built by non-skilled people and if the building is not put together properly then number one it won`t be safe but additionally it could trigger a failure in the building to be waterproof.

A prime instance of this would be that the logs haven`t been constructed properly on the walls. This would then trigger the timber cabin to differ from the design as it was intended to be. At this point when the roof structure was installed there might be voids between the roof structure and the wall. Voids could additionally appear on the walls of the timber cabins themselves and in some situations if the initial build of the timber cabin was so bad you would have no choice but to take down the timber cabin and rebuild it.

This is why garden log cabins place all of our timber cabins so you don`t have this to worry about. As you can envision if there is a space in the wall or a space between the roof structure and the wall this would leave the cabin open and it would most definitely water leak which is what we want to avoid at all costs.

I additionally want to bring attention to the flooring a second. Having your timber cabin installed on a proper ground base is a must. That could be a Timberdise ground base,concrete base or a paved area. As long as they`re flat, level and solid you should be ok. Be mindful of where you put the cabin,don`t put it anywhere that is at risk of flooding as just like the house that you live in. If the water level rises and there is no getaway for it then the timber cabin will flood,that is regardless of how thick and tight your logs are.

Lastly let`s talk about sealants around the windows and doors. Make certain after you have treated your cabin you fit the relevant sealants around the doors and the windows. The cabins don`t come with these fitted as standard, this is so you can treat the cabin first and then apply the sealants afterwards. By not fitting the doors and windows with sealants then there`s a chance rain could penetrate the inside of the cabin, which again is easily fixed by applying sealants.

In addition, sometimes most especially during the winter months, condensation can develop inside a cabin. This is normal due to the cabins not having any insulation fitted, it is not a leak and can be quite normal. We advise at Timberdise to get a dehumidifier if you have electrical access in there and leave it running during the chillier months. This will help take water out of the air and further increase the life of your cabin.

If you adhere to all the above tips you should have a leak free cabin for the duration of its life which can offer unlimited fulfillment and relaxation. Bear in mind prevention is more desirable than the treatment. 

What can I do to protect my front door from burglars?

Homeowners should be concerned about protecting their home from criminals or those who might cause harm. There has been an increase in crime rates in every city and suburb of every state, which makes home security a significant element when looking for a new home. A simple security system, or even outdoor lighting will help to make your home more secure.

Security systems should be thought of as an investment, not as a purchase. The security system will provide you with security and peace of mind knowing that your family are secure from burglars but it will not help a home sell. If your security system is damaged or vandalized, you`ll not be able to sell your house. What other factors should you take into consideration when purchasing insurance for your home to safeguard your property and personal property?

Discuss with your agent the types of damages that your home security system can cover. In the event of a break-in, it is covered. You may be able fix or replace your internal doors, sliding doorlocks windows locks, garage door frames, door jamb, or install stronger locks depending on which system you have. Some security companies will put in glass break detectors and more. Check with your provider to see if they include these types of services in your policy, as you need to secure your assets.

What happens if the home insurance isn`t enough?

Security measures can differ between home insurance and home insurance. Numerous companies provide protection for the theft of renter`s and householder`s items. Your home insurance provider will pay for burglary damage if the home is fitted with an alarm system. Remember though, that some home insurance policies don`t include the costs of alarm systems.

What can I do to protect my home against fire? There are a variety of home security systems today which include heat detectors as well as smoke detectors as well as flood detectors, carbon monoxide detectors, and flood detectors. If your security system is equipped with these features, ensure that it`s working correctly. In the event of smoke or other emergency, get to the nearest hospital. Keep the number of your emergency contact numbers on hand and notify your family members about the plans you have for your home security system. A lot of alarms will alert you when they`re activated.

Where can I find a sturdy exterior doors for my home?

Installing a home security system is now simple. In the past, to put in the home security system, you had to visit an establishment that dealt in security and hire a security specialist. Have a look at these security doors. Today, security companies for homes provide easy-to-install home security solutions. Many security companies offer free estimates and installation alternatives.

What can I do to protect my sliding glass door from thieves? The best way to ensure your home is safe is to protect it. With a home security alarm, you can sound an alarm anytime you feel threatened or when you witness someone breaking into your home. There are numerous kinds of home alarms such as PIR (passive infrared) cameras, glass break detectors, motion sensors door chimes, and others. You can see what`s happening in your home with cameras that night vision so that you can check it even in dark.

What are the reasons to install an alarm system?

Lock your doors! It is advisable to consider installing a security device in your home for several reasons. Security systems can help prevent crime by deterring criminals from targeting your house. You can reduce the chance of burglars entering your house by installing greater security measures.

How can I make sure that my front door safe from burglars? Install a security alarm. When you have an alarm system in place it will help to prevent crime by deterring criminals. . There are two choices for security systems: wired and wireless. While wireless security systems are more simple to set up, they can be difficult to remove.

How do I make my home less appealing to burglars?

Be cautious of break-ins. Thieves will not attempt to enter your house if it`s secured with security measures. They are aware of the possibility of making a call to the police. If you do not have security measures at your home, then burglar may consider a second thought before trying to enter.

Are there any reasons to have a home security system? The most effective home security systems provide protection during power outages and inclement weather. If you`re satisfied with the security you have provided to your home, you might consider adding a home alarm system.

What can I do to add more security to my front door?

It is possible to add additional deadbolts to your doorknob or lock mechanism if you would like to. Your doorknob is customizable to suit your preferences. There is one on each side of my solid doors. It`s a significant difference in keeping my door from being locked when I`m not present.

It is not necessary to put in the effort and time of purchasing deadbolt locks, or a doorknob. Instead, you could use some plastic buttons that fit between your doorknobs and your windowsill. They are easy to install and remove and are extremely secure as well. These buttons can be removed easily without causing damage to the window`s frame. There are some alternatives to choose from if you don`t want to go through all the hassle of finding doorknob replacement. Doorknobs are a system that can be bought that snaps in and out.

This kind of system could be a bit more expensive which is why you might consider looking into it before you decide to go with the other options. You can also include a deadbolt on your front wooden door. This makes your doorknob more open when locked. It`s entirely up to you However, I personally enjoy some variety, and that`s the reason I`m suggesting putting deadbolts at both ends of your front security door. I hope this can help one or all of you decide on something.