ATTENTION TRADERS: If you're sick and tired of losing money in the markets, then allow me to offer you an alternative that actually works! How To Use Point & Figure Charting To The Camtasia Studio video content presented here requires JavaScript to be enabled and the latest version of the Macromedia Flash Player. If you are you using a browser with JavaScript disabled please enable it now. Otherwise, please update your version of the free Flash Player by downloading here. Here's How Forex Point & Figure
|
|
In fact, most credit Charles Dow (the same "Dow" behind the "Dow Industrial Average" and founder of the Wall Stree Journal) with creating, or at the very least popularizing, this trading method.
Because of its simplicity and accuracy, Point & Figure trading flourished during the late 1800s through the 1930s.
But by the 40's and 50's, Point & Figure charts started to give way to more "fancy" and "detailed" charts (ignoring why Dow chose Point & Figure charting in the first place!)
But even though Point & Figure was less popular, the chart method were still accepted and still used by many floor traders.
By the 1960s, the safest and most clear cut charting strategy ever invented was virtually a dead language. Which begs the question…
Why would a charting method with such a rich history, solid fundamentals and rock-solid results fall out of the “trading consciousness”?
The answer is simple: Computers
Remember earlier how I talked about Point & Figure’s simplicity, and the advantage it gives traders by allowing them to consolidate their data into only that which is the most important?
Well once computers came onto the scene, the need to “consolidate data” diminished, and before long the advantages that Point & Figure charting offered seemed...well...passé. Almost overnight, this amazingly effective trading system went the way of green shag carpet and dark wood paneling.
In other words, it became “un-cool” to trade with Point & Figure!
Apparently the idea of landing on the moon convinced people to throw ALL 19th century trading ideas out the window. In this case, they threw the proverbial "baby out with the bathwater"...
By the 1970s, computers were tracking stocks so quickly and efficiently that people thought that because you COULD track every minute of a stock's activity, that you SHOULD track every minute of a stock's activity...
...ignoring the obvious pitfalls of doing so!
As any experienced trader will tell you, more is NOT always better. And just because technology makes it possible to do something, that doesn’t necessarily mean you SHOULD do it. This is a trap that far too many people fall into, and in this case Point & Figure became the unlikely victim.
So today, the people who still use Point & Figure rarely talk about it. They just trade their "simple" system, rake in profits and quietly chuckle at the the "hot shot" traders who think they know better (even when their account size would sayd otherwise).
How do I know?
Because I was once one of those "hot shots" who ridiculed and dismissed Point & Figure...
|
To tell you this story, I need to share a little about myself...
My name is Jason Fielder and I've been a trader the better part of my adult life. Now I teach others how to duplicate my investment strategy, often creating easy-to-use indicators and trading formulas to make it as simple as possible.
I've taught and still recommend several different charting strategies, but I NEVER thought Point & Figure would make it into my portfolio.
See, Point & Figure was always one of those things you just heard about.
But I had ZERO clue people were still using the charts (much less that they were incredibly profitable!)...
...Until I overheard something that shocked me.
The rumor is that sprinkled throughout the floor of the Chicago Mercantile Exchange and the Chicago Board of Trade is an elite club of veteran traders STILL using Point & Figure charts...
...but you'd never know it. These men DO NOT advertise themselves. But I can tell you how to spot them.
...but look quickly, because if they see you're looking they'll immediately snap the book shut!
Amazing! While the rest of the young investing world and I had completely written off Point & Figure without question, veterans were quietly using the charting strategy for their own financial gain. Keeping it to themselves (almost out of embarrassment) and certainly not running off to teach it at investing seminars.
This led me to wonder...
Despite all my previous feelings towards Point & Figure, I was now faced with evidence that it was alive and kicking.
And if that was true, Point & Figure could likely enjoy a renaissance. Beginners would flock to it for it's simplicity. And advanced investors who know the value of an honest, noiseless charting strategy would come begging.
My mission was to find out once and for all if Point & Figure really worked as great as Charles Dow said it would. So I began digging through old books and my collection of investing strategies and techniques.
That's when I stumbled across Charles C. Thiel, Jr. and Robert E. Davis. They conducted their own experiments in 1970 to see how honest, accurate and profitable Point & Figure could be in the commodities market!
There was good reason to believe so.
The commodities market is much more volatile than the stock market... and that's exactly what Point & Figure is so great at tracking: Huge movements!
Many people are afraid of volatility, but I go LOOKING for it. After all, if the market doesn't move, you can't make money.
Thiel and Davis' results in the volatile commodities market amazed them.
They found that Point & Figure charts were just as effective or more so for discovering breakouts, riding trends and making clear cut decisions.
Encouraged by their results with Point & Figure in the volatile Commodities market, they decided to try it out in an even MORE volatile market... Futures!
And they got the results they had come to expect... Point & Figure produced clear cut, accurate and profitable results in the more volatile FUTUREs market as well.
It seems the more volatile the market, the clearer and more useful Point & Figure charting becomes.
That lead me to conclude that...
As I said earlier, I run to markets that are volatile because THAT'S where the money is made.
You need predictable movement, or what I call "Controlled Volatility" to make the big scores and maximize your profit per trade. Forex provides that Controlled Volatility.
If Thiel and Davis' tests were right (and I had convincing evidence they were), then Point & Figure should be a great tool for observing Controlled Volatility.
But this meant I would need to conduct my own tests. I dove deep in to Point & Figure finding out everything I could about the system: How to build the charts, what "patterns" to look for (there are 16 in all!), and when to know when to ENTER and when to EXIT.
The more I discovered about Point & Figure, the more excited I got. I was able to go back "in time" and track some of my previous trades with Point & Figure charts to see if they predicted trends accurately.
And boy did they ever!
The Buy/Sell patterns matched up almost perfectly to my past data and trades. This gave me the confidence I needed to begin forward-testing in my live account, and over time I eventually perfected the...
After my success, I knew that if Point & Figure was going to make a renaissance, it was going to do it in Forex. My results showed me first hand that this charting system fits Forex like a glove.
It's perfect for the beginner who may have a hard time filtering out the noise of other charts. And advanced investors know from experience that the more tools to analyze a trade with, the better (especially when this tool specializes in BIG movements).
So I started compiling all the techniques I picked up from Point & Figure charting, applied them to Forex, and packaged them in a 99 page manual. It's called the "Forex Point & Figure Trading Formula" that explains in detail how to use Charles Dow's charting strategy in it's perfect market.
Here's a sample of what you'll discover inside...
| "Simple" and "logical" are just two amazing characteristics of Point & Figure charts, as you'll see on page 4. | |
| How to eliminate potentially dangerous noise and "false signals" in your charting with Point & Figure charts: Pages 5-8. | |
| The secret to making sound investment decisions with data that is 100% up to date, and never lagging. (I'll explain on page 6) | |
| How Point & Figure charts accurately pinpoint support and resistance levels... two factors you need to keep a sharp eye on when getting ready to buy or sell. (Page 13) | |
| Add these Trading Rules to your P&F charts to eliminate nearly all "human errors" that lead to bad trades. | |
| The most profitable chart pattern that indicates when the market is likely to SKYROCKET past previous points of resistance (Pages 20-22). | |
| How to reasonably estimate how far the market will jump before settling down...giving you a good indicator of when to cash out. (See page 34) | |
| Highly probable indicators that a market is about to plunge south... (and why this is the second most profitable scenario in Point & Figure) ...see pages 46-54. | |
| The telltale, "set in stone" indicator it's time to move your stop loss to protect your returns. (See page 54) | |
| The Bullish Resistance Line that shows the market can't seem to stop growing! (Pages 56-60) | |
| Discover exactly when to protect your profits and guarantee you WON'T lose money on the trade with a "Breakeven stop loss" on page 62. | |
| A dead giveaway the market is likely to breakout of a BULLISH trend... DUE SOUTH. (Page 64) | |
| The simple power of the Bearish Resistance Line pattern lets you know when you might start buying a struggling currency pair because it has great odds of soaring VERY soon! (Page 84) | |
| Stop! This symmetrical pattern suggests there might be a MAJOR breakout soon. Get ready to buy. (Page 69) |
Even at 99 pages, "Forex Point & Figure Trading Formula" is a quick read...with full color sample charts and patterns that teach you to recognize the clear cut buy and sell indicators.
But there's more...
Do you want to make Point & Figure charts by hand? Yes, I realize that this is still how the "old school" pros do it on the trading floor, but I knew this wasn't something I was willing to do. That's why I had the Point & Figure PRO™ plugin created to automatically chart your trades for you.
Now the clear cut buy and sell signals will display on your screen in OBVIOUS detail...

NOTE: Point & Figure Pro™ is a custom plug-in for the MetaTrader4 platform, which
is a free, professional charting application for the Forex market. You won't need to purchase
any additional software to trade this system...everything is provided for you!
There are many software charting programs out there. But very few (if any) Forex Point & Figure charting programs. It'd be easy to charge top dollar for the software alone...
...but I don't want you to have to draw P&F charts by hand so it comes as part of the "Forex Point & Figure Trading Formula" package...along with real-time instructions on how to use the charting software to trade the Forex.
The manual explains everything, the software does most of the work for you... what's left?
How about step-by-step video tutorials that show you exactly how I put the pieces together? You can watch over my shoulder as I use the "Forex Point & Figure PRO" plugin to analyze trades and make sound investment decisions.
In a matter of minutes, you'll SEE how to excel with Point & Figure, the charting software and the perfect market...Forex. Check it out!

NOTE: As you can tell by all the pen marks on the video, I not only show you how I get in and out of
trades for each of the 16
Point & Figure Patterns, I also give you indepth analysis of exactly
why I'm doing
what I'm doing...
In summary, here's what you get with our package...
My Forex Point & Figure Trading Formula™ manual (99 pages) that reveals how to take this proven strategy to the Forex Market. |
|
Forex Point & Figure PRO™ plug-in charts the market for you, tracking the telltale signs and finding the clear buy/sell patterns for you. |
|
Step-by-step training videos (18 in all!) allows you to "look over my shoulder" as I implement the Forex Point & Figure PRO™ plugin, examine patterns and perform several trades. |
If you're looking to cash in with the charting strategy of the 19th century's "Warren Buffett," then you must act now before you leave this page.
Charles Dow made a personal fortune off these strategies, and that was just from the stock market. Studies showed it performed even better in the more volatile commodities and futures markets.
My personal study and experience has Point & Figure, as predicted, showing the most success in the Forex Market, so there's no doubt in my mind that if you use this system on a consistent basis that it will be profitable for you.
Normally I wouldn't price one of my trading systems at any less than $997...especially once that has a proprietary indicator that's as advanced as this one.
But because I truly want to see Point & Figure make a come-back in the trading world, I've decided to drop it all the way down to $497.
Honestly, if $497 seems high then you're probably not a real trader, because anyone who's actively trading the markets will immediately see the value in a system like this at quadruple the price.
But I'll make it even better...
If you're ready for the challenge, I'm ready to share my advanced Forex Point & Figure strategies that go beyond square one. In 2 quick special reports, I detail the techniques I implemented only after learning the basics of Point & Figure...
Advanced Report #1: "Double Your Profits: The One Big 'Tweak' That Can Instantly Increase Your Point & Figure Profits By At Least 100%"
Compounding is THE big secret to increasing the profits of any trading strategy. This special report reveals how to compound profits with Point & Figure, specifically:
| WHEN to know it's time to add to a position (and when you might want to start scaling out) | |
| WHERE to place your stop losses to limit your risk as much as possible, and... | |
| HOW and when to bring your position to breakeven to lock in gains and prevent "whipsaws" that turn profitable trades into instant losers. |
Advanced Report #2: "The Pattern-Less Point & Figure Breakout System"
This advanced report reveals how to move beyond patterns. You'll discover how to quickly calculate "buys" and "sells" just by glancing at the Point & Figure chart.
Specifically you'll find out...
| The tell-tale signs it's time to enter a trade immediately... | |
| Stop loss strategies that don't just limit your risk of loss, but maximize your profits, and... | |
| Clear signals you should exit a trade ASAP to lock in your profits... |
This "Advanced System" including these 2 special reports could easily be sold for an additional $197, but I'm so committed to your trading success that I want you to have them as my gift.
Point & Figure is tried and true, with over 100 years of data to prove it.
Still, you have to be absolutely thrilled with the "Forex Point & Figure Trading Formula" manual, the video that lets you watch me implement the system, the charting software and free gifts... or you don't pay a thing.
In fact here's how it works:
This
is NO Ordinary Guarantee!
|
To order "Forex Point & Figure Trading Formula" immediately, click the button below to be taken to our secure order form. There are just a few blanks to fill in and then you'll have immediate access to the training...
You could literally be trading withing minutes!
Get Forex Point & Figure and Start Using Price Action (Not Time) To Improve Your Trading Accuracy and Profitability YES Jason, I want in! Please let me "Test Drive" your Forex Profit Formula. I understand I'll get full access to:
...all for just (NOTE: Have your credit card handy and click the orange button below.) |
Good trading,
![]()
Jason Fielder
Founder, ForexImpact.com
P.S. Are you itching to get started with Point & Figure? If so, then I have GOOD NEWS! You don't have to wait, because as soon as you register you'll receive instant access to the training online.
No need to wait for your package to arrive in the mail and no additional shipping and handling charges to pay!
P.P.S. Remember, I'm willing to bet you'll be absolutely thrilled with the "Forex Point & Figure Trading Formula." If you're not, let us know within 45 days and we'll refund your purchase price ASAP.
I fully expect a few low-lifes to rip me off and take advantage of my generous guarantee, but that's a risk I'm willing to take. (Plus, the password for the the Point & Figure PRO plug-in expires after 30 days, and only active members receive the update.) :o)
Either way, this is a risk I'm willing to take to make sure you feel comfortable with your investment. In the end, you risk nothing because if you aren't happy you don't pay a dime...
P.P.S. Just so you know, I'm a real person and I really do trade for a living. Here is my company information just to prove it to you:
Sharptrade Partners ,
LLC
5700 S. Mopac
Expy.
Suite C315
Austin, TX 78749
If you have any questions about Forex Point and Figure, call us from 10:00 AM to 5:00 PM Central
Standard Time, Monday through Thursday, at: 512-892-3633 (my assistant Sandy will answer)... or send us an
email.
Copyright © 2008 Sharptrade Partners LLC