Download 21st Century Point and Figure: New and Advanced Techniques for Using Point and Figure Charts PDF EPUB
Author: Jeremy du Plessis
Pages: 200
Size: 3.565,22 Kb
Publication Date: January 26,2015
Category: Analysis & Strategy
Advancing Stage and Shape in the 21st Hundred years
Stage and Figure ’s been around for more than 130 years and the technique is just as needed for chart evaluation today since it always offers been. While the basics of the technique possess remained unchanged, those dealing with Point and Shape must still force the boundaries of how it really is used, seeking to make it a lot more insightful and effective.
In this advanced practical information, du Plessis clarifies:
- How exactly to make use of shifting averages, Bollinger bands, Donchian stations and parabolic end and reverse with Stage and Number charts.
Previously, it had been thought that having less time on Stage and Physique charts intended that time-based equipment and indicators cannot be used, and insufficient quantity meant that the need for individual columns cannot be motivated. Jeremy du Plessis displays definitively that neither may be the case and that by using lateral thinking additionally, there are a bunch of other new methods that can be put into Point and Number charts and evaluation. This is just what Jeremy du Plessis offers accomplished with 21st Century Point and Amount.
Finally, he introduces a fresh Point and Number based oscillator that may also be utilized on time-centered charts.
All topics are illustrated with several high-quality, full color charts and observations from years of trading knowledge.
- How traditional accumulation distribution lines, such as for example on-balance quantity and volume-price trend, may be used to improve the reading of the chart.
- Two brand-new Point and Body based marketplace breadth indicators.
- The way the evaluation of relative power and spreads could be improved using these new methods.
- How time-structured indicators such as for example overbought/oversold, RSI, directional movement and MACD may be used with Stage and Number charts.
- How column volume may be used to assess a column’s power and how quantity at box level may be used to assess support and level of resistance areas.
The techniques described here start a complete world of brand-new and advanced analysis equipment. So as to there is even more to Point and Shape than you ever truly imagined, and that it’s more flexible than offers ever been realised before. In the event that you employ Stage and Figure analysis, make sure you don’t lose out on these effective new techniques - make sure to provide your analysis in to the 21st century.