2min chapter

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Using "Big Picture" Analysis to Guide Trading Decisions - Brent Penfold

Better System Trader

CHAPTER

The Big Pit Channel - The Number One Rule of Trend Trading

Today we're going to be talking about the big pit channel. It's just an extension of the number one rule of trend traders trading with the trend. I'll be sharing with you my big, big, big,. big, big picture. We spend so much time looking at our particular Tesla or whatever car you choose to drive and looking at your single lane, you don't know what's going around you. So it's so important to know what the higher time frames are doing.

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