Stochastics, moving averages, standard deviations – fancy charting terms you may have heard of. But do they really predict price movements? Or are they mathematical mumbo jumbo? More than just translating numbers into graphic form, chart analysis tools help illustrate market psychology – or what traders call sentiment – and can paint a bigger picture of how most market participants may be positioned. Bars and lines on the screen also depict how prices have moved and can indicate future performance based on past movements. For instance, a deep slide followed by a sharp rise could mean that many traders sold in ... (full story)