P&F charts are indigenous to stock market trading which give you bot h the immediate and long term view.

Formations, patterns and signals are easy to recognize and interpret , and tend to repeat themselves.

Trends are readily identified and trendlines can be drawn with amazi ng ease.

Valid targets can be established.

It is the easiest kind of chart to keep and therefore allows you to follow more stocks.

It enables the investor to do what he should do - stay on a winner w hile it is winning and get off a loser quickly.

The method is dynamic.

The fixed interval of plotting may be made to fit whatever you want to chart - stocks, bonds, commodities, speculation or investment.

It ignores the static time factor, the confusing volume indications, and irrelevant minor fluctuations.