Overview:
This is a comprehensive book on trading and analysis using the Point and Figure methodology. The concepts are explained with many real-life chart examples from the Indian market.
A peek into what you will find:
– What is a Point & Figure chart and how to plot it?
– Basic and advanced price patterns with numerous chart examples, trading rules for all patterns.
– Simple and effective ways to identify trend.
– How to use P&F counts to arrive at high-probability price target.
– How to use traditional tools and indicators in P&F charts.
– High probability patterns to capture momentum stocks and sectors.
– Objective method to identify market outperformers using Relative Strength.
– A few indicators developed, by the author, exclusively for P&F charts.
– 20-years of Back-testing results of P&F patterns providing interesting market insights.
Both experienced as well as novice can benefit from the concepts discussed. A thorough understanding of the contents of the book would help the reader reduce the noise and achieve consistent success in markets using the Point & Figure charts.
Authors:
Prashant Shah
Published In:
February 01, 2018.
