The Definitive Guide to Point and Figure

Clearly this writer knows his subject. The title says definitive and that’s what it is. In my opinion this is a seminal work on the subject.

The structure is generally good. It starts with an introduction to technical analysis which I guess is too short and too basic and could have been left out. The beef starts with the chapter on the history of Point & Figure charts. The chapter is enlightening and informative. Next is characteristics and construction which explains what makes a PF chart and how it is constructed. I was surprised at how many different methods there are. The next chapter is called understanding PF and details patterns and how they are created. He concentrates on how and why there is a pattern which is good. It is also the first time I have seen the old one point reversal charts and modern 3 point charts reconciled. There is a lucid description of the way to apply trend lines and what they mean. A new technique using ‘internal lines’ is very useful. The chapters just get better and better. There is a whole chapter on targets that has for the first time explained this part of PF to me better than ever before. There is some ground-breaking detail on risk and reward ratios. I am already using these. He does a full step-by-step analysis of an English FT index as well as the Nasdaq Composite. It doesn’t stop there. A chapter on the use of moving averages, John Bollinger’s bands and Wilder’s parabolic on PF charts is clearly a new area. He covers what he calls market breadth and Bullish Percent in meticulous detail. Every step of the way he describes exactly how everything is calculated.

It is an expensive book but its hardback and its in color. That’s something you don’t ever see. There are lots example charts. The contents are detailed and the index is very good.

I like the writing style. I highly recommend it

One of the best for point and figure analysis.Period.

The title says it all. If you want the definitive guide to point & figure charts, then this is the one stop shop.

Like……. Point and figure…..great book for technical analysis on each and every stock, indices, commodities, etc. recommanded to every analysts.

I bought this book based on the positive reviews, and my own interest to finally understand P&F charts. I can say that the book lived up to its high rating. Here are the key points that I personally admired:

1. The author’s passion for the subject of P&F charts permeates the entire book. He very thoughtfully takes you on a mental journey of the subject, from historical, to present, and objectively teaches you how to become a P&F trader.

2. The editor has performed one of the most thorough spelling and grammar checks I’ve ever seen. I’m sure this was quite a feat, with a book of over 500 pages.

3. After reading this book, I feel the equivalent of taking a graduate level college class – at an upscale private college that is!

It’s difficult for me to be critical in any way, but I would like to make a few comments. First, even though this is a great book, I’m not sure everyone is suited for P&F trading. However, if you were to dedicate yourself to the discipline, this book could take you there. Secondly, not all trading platforms are designed correctly for “1×1 boxes”, explored at length by the author. Fortunately I had access to TradeStation that has the option to use them correctly. Finally, there are some nifty utilities related to box counts, the author refers to. You can certainly do this manually with chart drawing tools, but if you subscribe to Updata (of which the author is a co-owner), you can get these utilities as part of that platform. The author never plugged his own organization, and I applaud him for that. However, it’s quite evident that if you want to get serious about trading P&F, you might want to consider their platform.

I am fairly conversant in technical analysis and was looking to expand my horizons into P & F. This book, may be suitable for investors familiar with the essentials, but it is definitely not a good reference for utter beginners!

Great book – ( I’ve read a lot of trading books – over 250 )
This one is well worth the money.
Gives you another “eye” in looking at the market.

All you need to know, all you want to know. Written for easy understanding. This book needs to be on every investors book shelf. Clear out some of that junk and make a place for this one. Besure it’s easy to reach you will be refering to it a lot. I really liked the printing and binding made for years of use and referance.

The writer and information contained in the book seem very genuine. I read other books that leave you hanging at certain point but this book is real, complete and takes small investors under consideration…

A very well written introduction to technical analysis in the stock market. Tecnical analysis does not predict what the market will do but instead what it has done in the past (or more precisely how the buyers and sellers reacted). This in turn can lead to historic patterns of behavior. Highly recommend the book.

I finally got this book once the seller had the foresight to lower the price by 50%. I’m a Wyckoff trader – P&F rates high in my use of analytical tools. This book goes into the bowels of analysis and explains every detail associated with the method – maybe more than needed. This book is not for a beginner. But its the best.

All other books I’ve read on P&F charts -even the original one-, they ramble around the subject and by the end of the book you know what it means, how to make the chart, visit our website for further information, and that’s it.

This books explains it all, no rambling, straight to the point, each page turned is a new learned thing, where you can put a finger on a definite, solid concept. Very scientific approach, at all times interesting and not boring at all.

As a matter of fact, I wrote my little P&F chart program with that book, as it puts a number and a formula behind every concept. Just great !!!

If you are interested in Technical Analysis, and you want someone to introduce you to the ‘esoteric’ discipline (at least in todays markets) of P&F charting and trading, this is the book to get.
The author is clear, precise, and honest to a fault, showing not just the ‘good stuff’, but also where the flaws of the methodology are.
This is one of the best books I’ve ever read, and I’m not restricting myself to financial topics. I mean one of the best ever. Period. Buy it.

As a chartist and a student of technical analysis I wanted to improve my skills at P & F. Maybe it’s just me but this book didn’t turn me on to practice. It’s a very thorough book and the examples, incredibly numerous, are fantastic. However, at the end of the book I didn’t buy into the P & F way of looking at charts. Maybe I should let it soak in and revisit the book in a couple of years but it didn’t move me.

From someone that consistently lost in the market, once you start using P & F it opens up a method of analysis that time based indicators can’t reveal. I started on this 3 weeks ago and am profitable ever since. I use the P&F method for bias and Heiken-Ashi candles short term (not covered). The author uses so many examples and charts that you get a pretty clear picture of his intent. The book is heavy and the paper is top quality. Since there is as much art as science (selecting proper box size) you should reread this many times for the finer details, it us well worth it. He stresses this more than once. He gives a thorough history of P & F but that was less interesting. My ONLY dislike is that he spent too much time on 1 box reversals which my charting service doesn’t chart accurately.