Are you looking for unique ways to use “Big Picture” analysis to guide your trading decisions? In this episode, Brent Penfold from indextrader.com.au joins me to share some interesting (and effective) techniques he uses to determine the big picture to guide trading and investing decisions, including:

• Why the big picture is so important in trading,
• How technical analysis can fool traders,
• What are fractals and why they matter,
• Validating market reactions to specific levels,
• The Market Ladder that projects support and resistance levels,
• Using fractals to see the big picture and the simplest fractal pattern there is,
• Pivot points over multiple timeframes and market expectations around pivots,
• Examples of market reactions to pivot points,
• Is it safe to get back into the market?
• Fractals and pivot points on non-index markets,
• Dynamic pivot points vs static pivot points,
• Robustness in old trading ideas,
• And much more!

Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.

Which is better for trading strategies - Indicators or Price Action? In this episode, Scott Welsh from scottwelshstrategies.com joins me to answer this eternal question. Here are some of the topics we discuss:

• Strange things that have impacted the markets this year,
• The value of reviewing simple strategies,
• Expectations traders have of trading strategies,
• Choosing the right trading style for a market,
• How to determine which markets trend the most,
• Old trading strategies that continue to do very well,
• How to manufacture “lucky” trading,
• Tracking dozens of old strategies,
• Identify strategy failure,
• The recent performance simple trading strategies,
• Plus much more!

Disclaimer:
Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.