Ask Colin

If you knew that P&F charts could be easily updated by computer, would you use them as a trading tool?

I do not understand what you mean by this question. P&F charts are just as fast as any other chart form on the computer, which is the point. It took ages to do bar charts by hand, so we used P&F, which were much faster by hand. The computer has removed that advantage and the choice is to be made on other grounds now.

I think that what I do can be done just as well using P&F, Bar, Line, Candlestick or Swing charts. It isn't the chart form that is important, it is what you do with the chart.