Michael Carr is editor of the CMT Association's newsletter, Technically Speaking. He holds CMT Level II Investment Analyst and CRPC certification. Somer G. Anderson is CPA, doctor of accounting, and ...
Point & Figure is a charting method to help you decipher the signal from the noise in price action. You were introduced to the construction of the charts and logic in the most recent article. However, ...
Point-and-figure charts differ from all other charts used by technical analysts in two ways. They have no time scale and are constructed with Xs and Os instead of lines or bars. They are, however, the ...
The Point & Figure or P&F charts are unique to every other chart you’ve likely used. This article will get you comfortable with the charting technique that is over 100 years old. Similar to Japanese ...
Only three columns are required to identify a double top or double bottom. These signals show only that the stock price has reached a higher high or lower low and that the momentum is likely to ...
- Point & Figure charts are an old, but powerful form of technical analysis. - Easily and readily identify buy and sell zones. are a form of chart analysis that does not use volume or time – just ...
Point 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 ...
Crude oil prices may not rise above $84 a barrel because increases lose momentum around that level, according to technical charts used by traders. A resistance channel has formed between $82 and $84 a ...
Chart patterns are the foundation of technical analysis. Much of our understanding of chart patterns can be attributed to the work of Richard Schabacker, Edwards and Magee. The way volume, support and ...