2min chapter

Better System Trader cover image

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

Better System Trader

CHAPTER

What Is the Market Ladder?

Brendan, can you explain a little bit about what is the market ladder? Oh, sure. It's not my idea. I'll just re-change the name. But I just like the name ladder because the ladder gives you it's a very visual, a visual person. Yeah, patterns, right? That's a tool to work with. You know, these projected support and resistance levels give us an idea of some possible areas where the market will gain support or hit resistance. So that's why I pulled the ladder. And it's aVery simple technique. It's a very, very old technique. Yep. Thanks, Brendan.

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