Devillers and Taylor on Point and Finger Charting - Victor De Villiers - Hardcover

Originally published in 1934, De Villiers & Taylor On Point and Figure Charting is internationally recognized as the finest work written on this simplest of market anaylsis techniques. In 1885, Charles S. Dow, founder of the Wall Street Journal, began studying the phenomena of stock market movements. His writings are the beginnings of all price movement commentary, the foundation for all technical methods, and his graphic records are the seed from which the Point and Figure method grew. Dow's research showed a clear illustration of price movements portrayed through the use of figures. The establishment of repetitious patterns initiated the beginnings of a truly scientific and logical method of anticipating stock price movements. The Point and Figure method records by figures all full point changes and, in turn, can be used to plot and record the movements of individual stocks and the market in general, without being misled by the ebb and flow of smaller irregularities. The patterns portrayed on the charts will highlight when buying is overcoming selling and vice versa, allowing the trader to act correspondingly, and increase their profits. De Villiers & Taylor On Point and Figure Charting is the original masterpiece on this respected method. It not only explains how to plot stock movements but, more importantly, it outlines how to analyze the findings and take appropriate action. This great work has been lost to the trading world for many years but has now been re-published to allow traders, investors, fund managers, and finance students access to one of the simplest methods of technical analysis. Point and Figure Charting is as valid and effectual a method as it was a hundred years ago. Its benefits have not faded with time, nor will they. De Villiers & Taylor On Point and Figure Charting places this wisdom back into the hands of traders worldwide for time immemorial.DeVillers, Victor is the author of 'Devillers and Taylor on Point and Finger Charting - Victor De Villiers - Hardcover' with ISBN 9780273649755 and ISBN 0273649752.