The Definitive Guide to
Point and Figure by Jeremy du Plesis
From the author: "Having taught thousands of investors how to use Point and Figure charts, I realised that a lot of what I was teaching was not in books, in particular how 1-box charts are related to the 3-box version. So I decided to write a book that covered every single aspect of P&F charts from the history and development, to the many ways of constructing them, to understanding why patterns are created, to calculating targets and risk-reward ratios, to market breadth and finally to moving averages and Bollinger Bands. I hope you will agree that it is a comprehensive book and that the use of colour throughout has made a big difference to the charts."
A note from Greg Morris: "This is an impressive volume on point & figure charting and analysis. Not since my old friend, John W. Schulz wrote the Intelligent Chartist in 1962 has one produced such a complete and thorough manual on the subject. If you are at all interested in point & figure, save your time, and buy this one." StockCharts.com has one of the most powerful and flexible point & figure charting engines available - Take a Look - Click Here.
For the first time this book demystifies the world of point & figure charting, with a detailed explanation of the history and development of the technique from its invention to the modern day. The book covers the make-up of the chart patterns, why they are created, and their interpretation. Throughout, readers are encouraged to understand point & figure charts from first principles, rather than just remember the names of a series of patterns. It is the first major work for 50 years to discuss in depth the original 1-box reversal method of point & figure charting and contrast it with the more popular 3-box reversal method. Further, the explanation of how to use point & figure charts to project targets and calculate risk-reward ratios is the most comprehensive ever seen.
