Your Questions About Chart Forex
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Sharon asks…
can daily Point & Figure (P&F) chart be made using EoD data?
is a P&F...
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Your Questions About Chart Forex
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Sharon asks…
can daily Point & Figure (P&F) chart be made using EoD data?
is a P&F chart useful for stocks & precious metal trading for short term? whatever articles I’ve
read on P&F charting talk about intraday forex charts only, thanx.
admin answers:
Yes…it certainly can! Point and Figure charts are considered old school but they are just as valid
today as they were over a hundred years ago.
In fact they sparked my interest in charting back
in the 1980?s when I used to manually update 50 stock tickers on a Saturday afternoon from the
financial papers of the local newspaper.
The best P&F charting site is Stockcharts.
com….
I like it because you can drift from traditional
charting methods which are pretty well useless when charting stocks less than $2.
00….
But I
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