StockCharts TV is the only 24/7 video streaming channel devoted
exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, both live shows and pre-recorded video, there's always something insightful, educational and entertaining to watch on the channel.
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.
Grayson stops by the studio to talk about SCTRs (StockCharts Technical Ranking). This proprietary StockCharts ranking system assigns a number from 0 to 100 to all securities within a group, the same criteria is applied to the entire group, allowing for direct relative strength comparisons.