Point And Figure Part III

The first week is about point and figure foundations.

There are practical applications in multiple time frames.

Week 3 has advanced point-and-figure techniques.

The first week is about point and figure foundations.

We will expand on the materials presented in our previous courses during the first session.

Wyckoff P&F charts can be created using the StockCharts.com platform.

The count line should be identified in different trading range configurations, such as upsloping and down-sloping TRs and traditional horizontal consolidations.

When it is appropriate to re-do counts and incorporate P&F phases, apply refined horizontal P&F count guidelines to project price target zones.

Determine when to use reversal techniques.

Use average true range and user-defined as well as traditional box sizes to modify counts.

Confirmation of projected price targets will be anticipated.

Critical differences in counting conventions and trading tactics can be seen during distributional trading ranges.

Understand Wyckoff’s Law of Cause and Effect to understand how and why this seemingly magical P&F technique produces such consistently accurate projections.

There are practical applications in multiple time frames.

The materials from Week #1 will be applied in the second session.

In short-term swing trading and in reliably anticipating near-term price movement, the usefulness of P&F is important.

The tactics are based on long-term campaign counts.

Timing and trade management from swing P&F counts.

This is all-new content and should be useful for short-term traders.

The third week of the advanced point and figure techniques.

Many students have inquired about Bruce’s analyses of individual securities and market breadth in our Wyckoff Market discussions. We will show you how to use these methods in your trading. We will demonstrate step-by-step.

P&F can be used to assess a security’s relative strength in relation to any other market, including its peers, sector, industry group and the overall market.

Percentage-scaled box sizes can be used to compare multiple instruments.

Bruce adapted the Bullish Percentage, an indicator based on P&F charts of the components of any index, to be used to evaluate the overall status of the market.