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How do you analyze a chart so quickly?

How do you analyze a chart so quickly?

730 views ⁞ September 15, 2023
ChartGal-Lori

Lori McGwire

Lori is a member of the Chart Guys team and has been a full-time trader since 2016.
Lori explains that her ability to technically a... Read More
How do you analyze a chart so quickly?

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.

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