Why Point and Figure Charts

  • P&F charts are indigenous to stock market trading which give you both the immediate and long term view.
  • Formations, patterns and signals are easy to recognize and interpret, and tend to repeat themselves.
  • Trends are readily identified and trendlines can be drawn with amazing ease.
  • Valid targets can be established.
  • It is the easiest kind of chart to maintain and therefore allows you to follow more stocks, etfs and indexes.
  • It should enable the investor to stay on a winner while it is winning and get off a loser quickly.
  • The method is dynamic.
  • The fixed interval of plotting may be made to fit whatever you want to chart - stocks, bonds, commodities, speculation or investment.
  • It ignores the static time factor, the confusing volume indications, and irrelevant minor fluctuations.