Chart Analysis using Point & Figure
All technical analysis of markets needs to have an underlying principle. The most powerful principle in economics is of course supply and demand, which is the basis of point & figure charts (P&F).
Supply & Demand determines price. Point & Figure charts show this.
Each buy & sell signal signifies where market imbalances of demand (buy) exceeds the sellers, or the supply (sell) exceeds the buyers demand.
Each signal provided is a valid Entry Point and a potentially profitable trade.
Point and Figure charts give you much more than trading signals, they show you where support & resistance will be. They tell you when there are breaks and false breaks. There are a complete strategy for traders of all financial markets. They are simple and easy to learn. Once learnt you have a strategy for a lifetime of trade