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Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices, 4th Edition

Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices, 4th Edition

Thomas J. Dorsey

ISBN: 978-1-118-44570-9 July 2013 400 Pages


Out of stock



An up-to-date look at point and figure charting from one of the foremost authorities in the field

If you're looking for an investment approach that has stood the test of time—during both bull and bear markets—and is easy enough to learn, whether you're an expert or aspiring investor, then Point and Figure Charting, Fourth Edition is the book for you. Filled with in-depth insights and expert advice, this practical guide will help you grow your assets in any market.

In this reliable resource, the world's top point and figure charting expert, Tom Dorsey returns to explain how traders and investors alike can use this classic technique—borne out of the irrefutable laws of supply and demand—to identify and capitalize on market trends.

  • Describes, step-by-step, how to create, maintain, and interpret your own point and figure charts with regard to markets, sectors, and individual securities
  • Explains how to use other indicators, including moving averages, advance-decline lines, and relative strength to augment point and figure analysis
  • Reveals how to use this approach to track and forecast market prices and develop an overall investment strategy
  • Skillfully explains how to use point and figure analysis to evaluate the strength of international markets and rotate exposure from country to country

Today's investment arena is filled with a variety of strategies that never seem to deliver on what they promise. But there is one approach to investment analysis that has proven itself in all types of markets, and it's found right here in Point and Figure Charting, Fourth Edition.

Acknowledgments vii

Part I Learn the Point and Figure Methodology

Chapter 1 Introduction 3

Chapter 2 Point and Figure Fundamentals 29

Chapter 3 Chart Patterns 61

Chapter 4 Foundations of Relative Strength 105

Chapter 5 Advanced Relative Strength Concepts 145

Chapter 6 Primary Market Indicators for Gauging Risk 183

Chapter 7 Secondary Market Indicators 223

Chapter 8 Sector Rotation Tools 247

Part II The Point and Figure Methodology— A Complete Analysis Tool

Chapter 9 Fixed-Income Indicators 275

Chapter 10 Utilizing the Exchange-Traded Fund Market 291

Chapter 11 Evaluating the Commodity Market for Opportunities 319

Chapter 12 Trading Options Using Point and Figure 349

Part III Apply the Point and Figure Methodology to Your Investment Process

Chapter 13 Portfolio Construction and Management 369

About the Web Site 379

Index 381