V.9:3 (121-123): SIDEBAR: POINT & FIGURE TECHNIQUE
Product Description
POINT & FIGURE TECHNIQUE
Point and figure charting is a technical trading approach that has been credited to Charles Dow, originator of the Dow theory. This technique differs from bar charting in that price reversals below a minimum size are eliminated and time is not a factor (it may be listed as only a frame of reference). Any market or indicator can be plotted using this technique; we use a stock for our example.
Point and figure charting is a technical trading approach that has been credited to Charles Dow, originator of the Dow theory. This technique differs from bar charting in that price reversals below a minimum size are eliminated and time is not a factor (it may be listed as only a frame of reference). Any market or indicator can be plotted using this technique; we use a stock for our example.
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