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The point and figure method is perfect for traders and investors that do not want to make advanced calculations or try to understand the meaning of the thousands of indicators in the usual way too bloated charting softwares. Using the Point and Figure method is as simple as it gets! When there is a new figure on the chart that completes one of the buy patterns you simply place your buy order. It is all very visual, you cannot make mistakes or mis-interpret the signals.
Identifying support and resistance levels and clear entry and exit points have never been as simple as by viewing your Point and figure charts. The method simply takes away any and all guess work in technical analysis.
Although this method is not very widely used, it was invented over a century ago and is one of the simplest ways of determining solid entry and exit points for successful speculation. Some professional traders say that because the Point and Figure technique is ......
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