Introduction
by PRASHANT SHAH -
Broadly, there are two types of market analyses: financial and technical. Financial or fundamental analysis is about understanding the business of the company, its balance sheet and other financial reports and studying the micro- and macro-economic factors. Technical analysis, on the other hand, studies the behavior of the price action and the demand-supply equation based ... Read more
Construction & Exercise
by PRASHANT SHAH -
Construction As mentioned earlier, P&F charts have a long history and an interesting journey that began from the figure charts. Unlike the usual candlestick or bar charts, P&F charts are plotted vertically. They are explained stepwise below. It is said that plotting of prices began from these charts, and I am sure you will find ... Read more
Box-value, Timeframe & Chart settings
by PRASHANT SHAH -
It must be now clear that the P&F chart moves only when price moves. There were instances where we did not plot anything. At any point in time, the continuation and reversal price level will be known. Nothing gets plotted until price either trades at or above the continuation or reversal level. Box-value Below chart ... Read more
Introduction
by PRASHANT SHAH -
Broadly, there are two types of market analyses: financial and technical. Financial or fundamental analysis is about understanding the business of the company, its balance sheet and other financial reports and studying the micro- and macro-economic factors. Technical analysis, on the other hand, studies the behavior of the price action and the demand-supply equation based ... Read more
Construction & Exercise
by PRASHANT SHAH -
Construction As mentioned earlier, P&F charts have a long history and an interesting journey that began from the figure charts. Unlike the usual candlestick or bar charts, P&F charts are plotted vertically. They are explained stepwise below. It is said that plotting of prices began from these charts, and I am sure you will find ... Read more
Box-value, Timeframe & Chart settings
by PRASHANT SHAH -
It must be now clear that the P&F chart moves only when price moves. There were instances where we did not plot anything. At any point in time, the continuation and reversal price level will be known. Nothing gets plotted until price either trades at or above the continuation or reversal level. Box-value Below chart ... Read more