HI friends and senior membersi am new to traderji and i have certain doubts i request the senior members to calrify my doubts.
i want to know why point and figure charting is not popular in india.as i like swing trading i bought many foreign books on swing trading . To my surprise all books strongly recommend point and figure charting for swing trading. They(the foreign technical experts) even say that if you know point and figure charting you need not know any other technical method and that the point and figure method is the best of all methods. if it is really true then why many people do not use point and charting in india?. i am asking this question because i haven't seen any indian thechnical analyst recommending p and f.Further in traderji also there is no significant explanation about the poing and figure charting.so i request the senior members to reply to my thread. thank you.
i want to know why point and figure charting is not popular in india.as i like swing trading i bought many foreign books on swing trading . To my surprise all books strongly recommend point and figure charting for swing trading. They(the foreign technical experts) even say that if you know point and figure charting you need not know any other technical method and that the point and figure method is the best of all methods. if it is really true then why many people do not use point and charting in india?. i am asking this question because i haven't seen any indian thechnical analyst recommending p and f.Further in traderji also there is no significant explanation about the poing and figure charting.so i request the senior members to reply to my thread. thank you.