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Re: Point & Figure



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kevine sheen wrote:
> 
> Anyone here on RT could recommend me a good book on Point & Figure
> charting??
> Some great trader in Futures magazine talk group,,,who is known as Phantom
> on Pits,,,and
> I'm sure some of you here read his articles there,,,recommends Point &
> Figure chart.
> I feel like I'll be missing some big advantage if I don't learn how to use
> P&F chart.
> Any good book covers from the basics to well-seasoned methodologies.
> 
> By the way,,,anyone here knows what could be the best numbers (eg, 10*3 for
> P&F chart) for currency markets??


The best number is the one you are comfortable with... Take a small one 
if you are more of short term trader, and a larger one, for longer 
trading. Take a 2 reverse for scalping, a 3 is standard, 4 will act as a 
higher filter, for staying in the main trend.

Gwenn