21st Century Point and Figure

New and Advanced Techniques for Using Point and Figure Charts

Jeremy du Plessis

• Publisher: Harriman House
• Year: 2015
• eBook ISBN: 9780857194619
• Edition: 1
• Topic: Business
• Subtopic: Trading
• Index: Business

Advancing Point and Figure in the 21st CenturyPoint and Figure has been around for over 130 years and the method is just as essential for chart analysis today as it always has been. While the basic principles of the technique have remained unchanged, those working with Point and Figure must still push the boundaries of how it is used, looking to make it even more insightful and powerful. This is exactly what Jeremy du Plessis has achieved with 21st Century Point and Figure.Previously, it was thought that the lack of time on Point and Figure charts meant that time-based tools and indicators could not be used, and lack of volume meant that the importance of individual columns could not be determined. Jeremy du Plessis shows definitively that neither is the case and that with the use of lateral thinking there are also a host of other new techniques that can be added to Point and Figure charts and analysis.In this advanced practical guide, du Plessis explains: - How to use moving averages, Bollinger bands, Donchian channels and parabolic stop and reverse with Point and Figure charts.- How time-based indicators such as overbought/oversold, RSI, directional movement and MACD can be used with Point and Figure charts.- How column volume can be used to assess a column's strength and how volume at box level can be used to assess support and resistance areas.- How traditional accumulation distribution lines, such as on-balance volume and volume-price trend, can be used to enhance the reading of the chart.- How the analysis of relative strength and spreads can be enhanced using these new techniques.- Two new Point and Figure based market breadth indicators.Finally, he introduces a new Point and Figure based oscillator that can also be used on time-based charts.All topics are illustrated with numerous high-quality, full colour charts and observations from years of trading experience.The techniques described here open up a whole world of new and advanced analysis tools. You will see that there is more to Point and Figure than you ever imagined, and that it is more flexible than has ever been realised before. If you employ Point and Figure analysis, ensure you don't miss out on these powerful new techniques - be sure to bring your analysis into the 21st century.

Table of contents

• Contents
• About the Author
• Acknowledgements and Thanks
• Preface
• Introduction
• Chapter One. Quick Refresher on Point and Figure
• Chapter Two. 21st Century Construction
• Chapter Three. Moving Averages on Point and Figure Charts
• Chapter Four. Using Other Tools on Point and Figure Charts
• Chapter Five. Indicators of Point and Figure Charts
• Chapter Six. Volume on Point and Figure Charts
• Chapter Seven. New Point and Figure-Based Tools and Indicators
• Chapter Eight. Advanced Analysis of Relative Strength and Spreads
• Chapter Nine. 21st Century Market Breadth
• Conclusion
• References and Further Reading