For the unenlightened, Point and Figure outlining is the just diagramming technique that examines cost without the clamor of time. The commotion intensification of time in different types of graphing – Candlesticks, Heikin Ashi and OHLC is outwardly problematic as you switch between every day, moment, week by week and month to month diagrams.
This visual disarray is eliminated with Point and Figure graphs. They are twofold in their development – either there is a purchase/sell sign or purchase/sell example or there isn’t. It is in this style of obvious clearness that Jeremy du Plessis composes his book.
Jeremy prepared as an auto engineer, then, at that point, contemplated as a financial expert, yet surrendered both to turn into a Technical Analyst. He established Indexia Research in 1983 and spearheaded the company’s improvement of PC-based Technical Analysis. In 2002, he drove the consolidation of Indexia with Updata plc, where he is right now the Head of Technical Analysis and programming plan. While the vast majority of the clients of Updata are institutional clients, to be specific European and US business and speculation banks, the Point and Sig figures rules Figure strategies he educates in the book are all inclusive and pertinent for retail exchanging purposes. He is a Fellow of the Society of Technical Analysts (FSTA) in the UK, and an individual from the American Market Technicians Association (MTA). The MTA granted him the assignment of Chartered Market Technician (CMT).
The designing accuracy combined with the genuine monetary reasoning structures the strong foundations of this chronicle on P&F techniques. With 456+ pages and north of 300 diagrams in full tone, the book is suitably captioned “A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method.”
Jeremy is the other option and consummate “monetary specialist”. He keeps away from weighty monetary language and Fundamental Analysis is excused right off the bat in the book, alluded to as the “F” word. What he wants to say is actually caught in the manner he outwardly conveys through the outlines.
There are sufficient peruser surveys on Amazon and Google Book Search, to assist you with choosing if you will get the book. For the people who have recently begun or are going to peruse the book, I’ve summed up the center ideas in the bigger and fundamental parts to assist you with traversing them speedier.
The number on the right of the title of the section is the quantity of pages held inside that part. It isn’t the page number. The rates address how much every part makes up of the 456 pages altogether, barring reference sections.
Prologue to Technical Analysis. 14, 3.07%.
1. Prologue to Point and Figure Charts. 26, 5.70%.
2. Attributes and Construction. 62, 13.60%.
3. Getting Point and Figure Charts. 92, 20.18%.
4. Projecting Price Targets. 66, 14.47%.
5. Breaking down Point and Figure Charts. 64, 14.04%.
6. Point and Figure Charts of Indicators. 18, 3.95%.
7. Improvement of Point and Figure Charts. 24, 5.26%.
8. Direct and Figure’s Contribution toward Market Breadth. 22, 4.82%.
9. Progressed Point and Figure Techniques. 38, 8.33%.
10. Outline Examples. 20, 4.39%.
11. End. 6, 1.32%.
12. References and Further Reading. 4, 0.88%.