StockCharts resident Wyckoffian Wizard, Bruce Fraser, walks you through point and figure charting. Starting from the basics in part one and moving into more advanced information in this two part series, he covers subjects ranging from counting methodology, accumulation and distribution, and StockCharts point and figure charting engine.
In this beginner workshop, Erin covers the essentials of technical analysis that every trader should know. Concepts she covers include price bars, time frames, moving averages, support and resistance, price patterns, and basic indicators.
In the second part of this beginners workshop, Erin delves deeper into the essentials of technical analysis that every trader should know. Concepts she covers include the lingo of technical analysis, divergences, VIX and breadth, and an overview of basic chart patterns.
David digs into some of the behavioral reasons why charts work. As he explains, a lot of times the poor buy/sell decisions that investors make is what creates the chart patterns that others use to gain profit. "Herding" is what happens when lots of investors group into one investment position.
