Point and figure Charts

[Ingenerio]

I have recently read traders talking about point and figure charts on other websites and hoe the FTSE has just broken out and is on a downward trend.

Could someone enlighten me to what these are and how you canuse them.

Regards

James

 

[rossored]

try this

http://www.incrediblecharts.com/technical/point_and_figure.htm


cant stand them myself

 

[Ingenerio]

Thanks Rossored. To answer my own question I there is also

www.stockcharts.com

Any further information would be appreciated

James

 

[TBS]

PnF is probably the most powerful price driven tool you can use, but it takes a bit of time and effort to get close to it.

Here is a start


http://dorseywright.com/cgi-bin/foxweb.exe/fwuniv

 

[Trader Rich]

point and figure charts for forex

Point and figure charts are helpful to identify key support and resistance levels. You might find the following post be useful.

The Art of Speculation|Point and Figure Charts for Forex Day Trading

 

[Trader Rich]

There is one example which combined point and figure charts and narrow range bars.