Point & Figure Charting – Trading Psychology Edge

Course overview

Point & Figure Charting – Trading Psychology Edge shows you where a market is going to move to and the way professional and other successful traders trade using Point & Figure Charts. This includes how to select the best trading opportunities with a strong focus on trade exits.

This course is designed for Day Trading.

Course Outline

• Over two hours of detailed review
• Over 50 slides
• Numerous charts

What will you learn?

• How to properly construct Point & Figure Charts so make sure you are using the correct Point & Figure format.
• Horizontal formations of support and resistance.
• Understanding accumulation and distribution and their implications.
• Reading the chart for accumulation and distribution – this alone will keep you from selling into accumulation and buying into distribution—in other words, taking trades at the wrong time.
• Likely areas a market will turn.
• Projecting the probable distance a market should move.
• Understanding stepping stone counts and how to use them for both timing of trade entries and better accuracy of target projections.
• Understanding the unique ‘slab-sided’ formation seen only on a Point & Figure Chart, the important information it conveys, and how to use that information to your trading advantage.
• How to use the Point & Figure Chart to identify key indications such as a market that is on the ‘Springboard’ – i.e., the very specific point where the market is poised to move off the highs or lows rapidly.
• A complete training on using the Point & Figure Count Guide developed by renowned Wyckoff expert Bob Evans. This alone will provide expert guidance in using the Point & Figure Chart in conjunction with the standard bar chart and keep you on the right side of the market.
• And much more …

Who is this course for?

This course is supposed to guide every trader who is struggling with the trading market, being ambiguous with managing and developing the trades.