O'Reilly logo

Kirkpatrick’s Investment and Trading Strategies: Tools and Techniques for Profitable Trend Following by CMT Charles D. Kirkpatrick II

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

8. Cycles and the Forward Line

When I was first involved in technical analysis in the 1960s, looking for patterns in the price charts was the basic means of analyzing stocks or any freely traded security. I learned point-and-figure first from books from Abe Cohen1 and from Earl Blumenthal2 on three-point reversal charts, and about one-point reversals from Alexander Wheelan.3 I learned about bar charts from William Jiler in his 1962 book, How Charts Can Help You in the Stock Market4 and from Edwards and Magee.5 Because there were only hand-operated adding machines for calculators in those days, and no spreadsheets, I cranked through rolls of paper with moving-average calculations of breadth figures and index prices, but never seemed to get anywhere ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required