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

Author:   Jeremy du Plessis
Publisher:   Harriman House Publishing
Edition:   2nd Revised edition
ISBN:  

9780857192455


Pages:   540
Publication Date:   28 September 2012
Recommended Age:   From 18 years
Format:   Hardback
Availability:   In Print   Availability explained
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The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method


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Full Product Details

Author:   Jeremy du Plessis
Publisher:   Harriman House Publishing
Imprint:   Harriman House Publishing
Edition:   2nd Revised edition
Dimensions:   Width: 17.00cm , Height: 3.00cm , Length: 24.40cm
Weight:   1.061kg
ISBN:  

9780857192455


ISBN 10:   0857192450
Pages:   540
Publication Date:   28 September 2012
Recommended Age:   From 18 years
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

About the Author Preface to the Second Edition Preface to the First Edition Introduction Introduction to Technical Analysis 1. Introduction to Point and Figure Charts History and development Where did Point and Figure charts get their name? The use of Point and Figure charts over the years The voice of the market 2. Characteristics and Construction Characteristics of Point and Figure charts Point and Figure construction 3-box reversal charts 5-box reversal charts 2-box and other reversal charts Summary so far The move from intra-day to end-of-day - The great controversy End-of-interval time-frame Point and Figure charts Log scale Point and Figure charts Summary 3. Understanding Patterns and Signals 1-Box and 3-Box Reversal Charts Point and Figure signals The strength of the pattern The breakout and pullback Terminology clarification 1-box and 3-box patterns Traps Broadening patterns Bullish and bearish patterns that reverse Poles Other Patterns Congestion analysis Signals with the trend or against the trend Summary 4. Understanding and using Trend lines Trend line breaks 45 Bullish support and bearish resistance lines Trend lines and signal rules Summary 5. Projecting Price Targets Counts on 1-box reversal charts Counts on 3-box reversal charts Things you should know about Point and Figure counts Counts on other box reversal charts Counts on log scale charts De Villiers and Taylor 3-box horizontal counts Risk and reward Another way of projecting targets - Fibonacci retracements Summary 6. Analysing Point and Figure Charts Implications of changing the construction parameters Choosing your chart parameters Drawing your first Point and Figure chart Showing gaps Other ways of determining box size Analysis of 3-box reversal charts Analysis using 1-box reversal charts Analysis of 2-box charts Stoplosses on Point and Figure Low-risk entries Summary 7. Point and Figure Charts of Indicators Point and Figure of relative strength Point and Figure of on-balance volume Point and Figure of oscillators Summary 8. Optimisation of Point and Figure Charts The case for and against optimisation Approaching Point and Figure optimisation Optimising for specific patterns Conclusion 9. Point and Figure's Contribution to Market Breadth Introduction A caveat Bullish Percent Bullish Trend Percent X-Column Percent Other Market Breadth Indicators based on Point and Figure Market Breadth on other markets Summary 10. Advanced Point and Figure Techniques Moving averages on Point and Figure Parabolic stop and reverse (SAR) on Point and Figure Bollinger Bands on Point and Figure Activity histograms Summary 11. Chart Examples Spot Euro Dollar (daily) 0.01 x 1 Spot Euro Dollar (60 minute) 0.01 x 1 Gold PM Fix 5 x 1 Gold PM Fix 5 x 3 Brent Crude Index (IPE) 2% x 1 Brent Crude Index (IPE) 1% x 3 MIB 30 Index 1% x 3 Nikkei 225 Index 100 x3 Hang Seng Index 100 x3 DJ Euro Stoxx 50 1% x3 Infineon Technologies AG 2% x 3 IBM 1% x 3 Compuware Corporation 1% x 1 Intel Corporation 0.25 x 3 American Express Company 1.5% x 3 Three month sterling interest rate future (June 2005) (60 minute) 0.025 x 1 Gold 15 x 3 US 10 year yield 0.025 x 3 Brent Crude Summary 12. Dividing your Stocks into Bullish and Bearish Conclusion References and Further Reading Appendix A - Construction of 2-Box Reversal Charts Example of a 10 x 2 Point and Figure chart Appendix B - Construction of 1-Box Reversal High/Low Charts Example of a 10 x 1 Point and Figure chart using high/low prices Appendix C - Construction of Log Scaled Charts Index

Reviews

A great book which I highly recommend if you wish to really grasp the intricacies of point and figure charting. --Karl Snyder, CMT Without question, one of the great technical analysis books currently available--The Technical Analyst Rarely does a book live up to its claim of being the 'definitive' guide to something. Jeremy du Plessis' new book lives up to that claim and more. It's almost impossible to imagine a more definitive treatment of point and figure charting. The author pays homage to its early development and the pioneers who first wrote about it. He gives extensive coverage to the original 1-point reversal method before moving on to the more modern methods. The subject is examined from every conceivable angle. I'm not aware of anyone who has even attempted to combine p&f charting with so many modern technical indicators. I expect that du Plessis' book will not only become the definitive book on point and figure, but will also become a classic in the field of technical analysis. --John Murphy CMT, Author of Technical Analysis of the Financial Markets A superbly comprehensive book on this powerful technique from one of the world's leading experts on the subject. A must read for all serious technicians and investors. --Adam Sorab, Chairman UK Society of Technical Analysts If you had to go to a desert island and were only allowed to take one investment tool with you, then it should be the Point and Figure chart. If you were also allowed to take only one book, other than the Bible and the works of Shakespeare, then make it this Definitive Guide by Jeremy du Plessis. The whole subject is covered from its early historical beginnings as a way of noting the noise of the ticker tape in the days of Charles Dow, then called the Book method, through its evolution to become the 'Voice of the market'. How to construct and use the charts and their unequivocally clear buy and sell signals, revelation of trend, reversal, support and resistance levels are all revealed and well illustrated. The subject is explained as an evidence gathering procedure, that leads to a successful trading method, with accurate entry, stop loss, and targets. It is also brought right up to date with some new thinking involving indicators such as OBV, Bollinger bands, and parabolic stop and reverse signals.You will have such a great time working through it on your desert island that you might not want to come home. --Robin Griffiths FSTA, Head of Asset Allocation, Rathbone Investment Management Even though point and figure charting is 120 years old, Mr. du Plessis has brought a truly fresh and authoritative approach to a subject that is central to technical analysis. Bravo! --Bruce M. Kamich, CMT, Adjunct Professor of Finance at Baruch College, Past President of the Market Technicians Association Not only does Mr. du Plessis plumb the history and elucidate the present state of point and figure analysis, he looks at a craft many regard as passe and sees a vibrant future. This eye-opener is a welcome addition to the literature of technical analysis. --John Bollinger, CFA, CMT, President, Bollinger Capital Management


Author Information

Author Website:   http://www.harriman-house.com/pages/authors.htm?Index=228&Author=Jeremy_du Plessis

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.

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Author Website:   http://www.harriman-house.com/pages/authors.htm?Index=228&Author=Jeremy_du Plessis

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