My new chart system is early detection very sensitive to change in direction ,it
records trend very well with few whipsaws .
point & figure comes into play combined with Fibonacci & moving averages .If moving averages sounds like a contradiction in point & figure I discovered its NOT !
I used it to detect change in direction of Shippers (baltic dry index)which is now tracking ok so far.It is also detecting very early up moves in a few Explorations such as GNG.v,CQR.V, lexvf also up moves in lsg,pvg,ngo ..Currency EURO,Russian,POUND up tendency and US $ down , Even Homebuilders show up ticks….Its very prelininary but I like it !