Ask Colin
POINT AND FIGURE CHARTING
- Do you know a subscription website listing Australian shares point and figure charts?
- What size graph paper is best for point and figure charts?
- On the Ask Colin page you say use 2% of the price for the Point and figure box size. But in the E171 subject notes you say 2% of the midpoint of the range of the chart. Which is right and what do you do near the margin of the range?
- Why are you not using point and figure charts much any more?
- As a position trader, what time frames (monthly, weekly or daily) do you use when you are assessing market risk, entry, exit when using point & figure charts?
- Would you please recommend a book about point & figure charting?
- You used to teach using point and figure charts, but your book The Aggressive Investor uses bar charts. Are they the same thing?
- Point and Figure box size - Do you use a percentage from the stock price? What is a good method in determining the box size or is it trial and error.
- I am using point and figure charts and I was wondering if you have heard of or use the P&F charting advertised by Archer Analysis? It filters out stocks for double bottoms/tops amongst others.
- If you knew that P&F charts could be easily updated by computer, would you use them as a trading tool?
- Why do you think point and figure is better than other forms of charting?
- I am told you are pretty keen on P&F charting. I am too and i was wondering if you have heard of or use the P&F charting advertised by Archer Analysis? It filters out stocks for double bottoms/tops amongst others. Can you please tell me what use and why you think P&F is better than other forms of charting.
- Which trading situations or styles lend themselves better to point and figure charts and does one need to track volume separately when using them?
- What do you think of the EZ PnF point & figure software, recently reviewed in TA of Stocks & Commodities magazine compared to MetaStock?
- As a share increases in price, how do you decide when to change the box size on a point and figure chart?