The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method

Du Plessis, Jeremy

ISBN 10: 1897597630 / ISBN 13: 9781897597637

Published by Harriman House, Hampshire, Great Britain, 2005

About this Item

This book and jacket are in fine condition. The edges show slight wear but there are no tears or stains. The point and figure method began as a way of noting the noise of the ticker tape and was called the Book method. It evolved to become the 'Voice of the market'. How to construct and use the charts and their clear buy and sell signals, revelation of trends, reversal, support and resistance levels are all revealed and well illustrated. There are 10 chapters and an index. Proceeds from the sale of this book benefit environmental restoration and education.

Seller Inventory # 007396

Bibliographic Details

• Title: The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method
• Publisher: Harriman House, Hampshire, Great Britain
• Publication Date: 2005
• Language: English
• ISBN 10: 1897597630
• ISBN 13: 9781897597637
• Binding: Hardcover
• Condition: Fine
• Dust Jacket Condition: Fine

About this title

Synopsis

Point and Figure charts are one of the great secrets of the Technical Analysis world. Highly sophisticated and with a thoroughbred pedigree, they can, however, be overlooked by traders today. This should change with the long-awaited publication of this book. Jeremy du Plessis - one of the foremost Point and Figure experts in the world - has written what can truly be described as the definitive guide to the topic. For the first time this book thoroughly demystifies the world of Point and Figure charting, with a detailed explanation of the history and development of the technique from its invention to the modern day. This book covers the makeup of the chart patterns, why they are created, and their interpretation. Throughout, readers are encouraged to understand Point and 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 and Figure charting and contrast it with the more popular 3-box reversal method. Further, the explanation of how to use Point and Figure charts to project targets and calculate risk-reward ratios is the most comprehensive ever seen. Also covered in detail are: a step-by-step analysis of the FTSE 100 Index using the 3-box method, as well as the NASDAQ Composite Index using the 1-box method; a detailed discussion of optimising techniques; Point and Figure's contribution to market breadth with bullish percent; and, lesser known, more advanced techniques such as the use of moving averages, parabolic SAR and Bollinger Bands on Point and Figure charts. All this is illustrated with numerous colour charts and observations from years of trading experience. According to du Plessis, Point and Figure charts are the 'voice of the market'. This book helps you listen to, and understand, that voice.

About the Author

Jeremy trained as an automotive engineer, then an economist, but gave them both up to become a Technical Analyst. In 1983 he founded Indexia Research and pioneered the development of PC based technical analysis software with the Indexia range of technical analysis systems. During the 1980s he developed a number of technical tools and indicators under the banner of Indexia, which are still used in software to this day. He is an expert on Point and Figure charts, and the Indexia software was the first PC-based system to draw them correctly and clearly in the early 1980s. He lectures the Point and Figure module for the Society of Technical Analysts and sets the Point and Figure syllabus for the International Federation of Technical Analysts. He has taught Technical Analysis, and in particular Point and Figure, to thousands of professional traders and investors over the last 20 years. In 2001, after running Indexia Research for nearly 20 years, he agreed to merge the company with Updata plc, where he is now Head of Technical Analysis and the designer of the Updata Technical Analyst software. He is a Fellow of the Society of Technical Analysts (FSTA) in the UK, and a member of the American Market Technicians Association (MTA). He is a holder of the Chartered Market Technician (CMT) designation awarded by the MTA.