Most trading strategies are built to find repeatable patterns in the market and then attempt to exploit any future occurrences of the pattern to make a profit.

There are lots of different ways to find patterns, and in this episode Brent Penfold talks about patterns in price action.

Brent is a full time trader, author, educator and licensed Futures Advisor, and in our chat you will learn:

• Why it can be better to focus primarily on price instead of a collection of indicators,
• How to identify patterns in price action,
• The dangers of trading stocks and why Futures are a superior trading instrument for active traders,
• How a ‘universal dataset’ can lessen the risk of datamining,
• How to blend individual systems into a portfolio to produce smooth equity curves.

PLUS, we announce the lucky winner of the Better System Trader ‘Super-package’ giveaway, worth almost $20,000!