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Point and Figure charting is how I first got interested in technical analysis some 30+ years ago. In those pre-personal computer days it was easy to maintain a couple dozen PnF charts. It is still a terrific way to look at a security without "noise" (random day-to-day movement). Plus it makes for a good trading strategy for many securities. Take a look at the Yen ETF - FXY with $.40 boxes and 2-box reversal chart. Buy on any break and sell/cover on any 3-box reversal. The FXY by the way recently flashed a buy.
So what do you want to know?
Pete
To: equismetastock@xxxxxxxxxxxxxxx From: brett_j_sinclair@xxxxxxxxx Date: Wed, 29 Apr 2009 16:48:33 -0700 Subject: [EquisMetaStock Group] PnF
Is anyone familiar with the Point & Figure Toolbox that is in V9 and above?
Brett |
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