Lori explains that her ability to technically assess a trading chart comes from extensive experience, which allows her to rapidly process and analyze data, a concept known as "thin slicing." She compares this skill to tying shoes—something that becomes second nature after enough practice. Lori suggests focusing on higher timeframes and key indicators like EMAs (Exponential Moving Averages) to understand the overall market direction and who is in control, whether it's the bulls or the bears to then build a trade gameplan/thesis to act on.
Lori explains that her ability to technically assess a trading chart comes from extensive experience, which allows her to rapidly process and analyze data, a concept known as "thin slicing." She compares this skill to tying shoes—something that becomes second nature after enough practice. Lori suggests focusing on higher timeframes and key indicators like EMAs (Exponential Moving Averages) to understand the overall market direction and who is in control, whether it's the bulls or the bears to then build a trade gameplan/thesis to act on.
