How to keep an eye on your stocks in just minutes — The brilliant simplicity of the Point and Figure chart
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For the beginning chartist, Point and Figure (PnF) charts are one of the best places to start. They are simple to construct and are one of the best methods for reducing noise. Traditionally, only the high and low prices of the day are used. Some days may not even have price movement wide enough to warrant marking the chart. So no action, no change to the chart.
How to keep an eye on your stocks in just minutes — The brilliant simplicity of the Point and Figure chart
How to keep an eye on your stocks in just…
How to keep an eye on your stocks in just minutes — The brilliant simplicity of the Point and Figure chart
For the beginning chartist, Point and Figure (PnF) charts are one of the best places to start. They are simple to construct and are one of the best methods for reducing noise. Traditionally, only the high and low prices of the day are used. Some days may not even have price movement wide enough to warrant marking the chart. So no action, no change to the chart.