Financial Markets With Point And Figure Charts

Point and figure charts are one of the oldest charting techniques in the western world. This kind of charts where already in the trading rooms at the beginning of the 20 th century when Charles Dow invented his famous index. These days point and figure charts where the most used due to the simplicity of plotting this kind of charts. But with the information age and the widespreading computer use, most traders laid point and figure charts aside. In my opinon there are no fancy indicators that can make you a winner in the markets, because this is simply software vendor marketing. The most important thing we have in the markets are the irrefutable law of supply and demand nothing else is moving the markets. It,s that simple but most people think there has to be someting more to be a winner in the long run. Yes there are some things you need to comply with to be a successful trader. But this has nothing to do with point and figure charts. These charts give you an edge in trading because they are only focused on price without regarding the time factor.

As a point and figure trader i,m commited to this charts because they safed me a lot of disappointment  and time because this charting technique is based on the universal law of supply and demand which are valid for all markets worldwide. One year ago i started a spanish speaking point and figure site called  puntoyfigura.net  which has already gained a certain recognition in the spanish speaking trading world. My idea was to bring this technique to spain because i live here for some years now, and i thought that real estate is not the only thing for people to make money. As i know that there is not much information on point and figure charts on the internet, because there are only a few people who use the internet to spread information about. I hope with this website i can contribute something to investors or traders that are new in the point and figure charting world. I will do my part to modern point and figure charting education and i hope to make pointandfigure.net a place where point and figure analysts can meet.

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