A leading expert in Point and Figure Charting, Dorsey has been teaching his method to investors all over the world. He co-founded Dorsey, Wright & Associates in 1987 and joined Nasdaq Global Information Services following Nasdaq’s acquisition of his company in 2015.
“Point and Figure Charting”, also known as “Fluctuation Charting”, is one of the oldest technical analyst techniques. In contrast to most charts which are based on
price-versus-time principle, “Point and Figure Charting” focuses on identifying momentum with a breakout strategy. By focusing on conﬁrmation of momentum, “Point and Figure Charting” is useful for ﬁltering noise on trendless stocks, and only provides entry-exit signals for stocks with a strong trend.