Point and Line Chart – A New Type of Chart to Get Strong and Clear Signals

Presenter: Mohamed Ashraf, CFTe, CETA, MFTA, Egypt

About the Presentation
Mohamed will make a presentation on his Master of Financial Technical Analysis (MFTA) thesis, Points and Line Chart. He will demonstrate how to draw his simplest price chart that only uses points and a line. The chart has the merit of maximizing the benefits of the point and figure chart using its filtration criteria but at the same time will have the line chart advantages including smoothed trend display, the use of closing price, price patterns, and trend lines. What is very brilliant about this type of chart is adding volume, time (or number of days), applying technical indicators, moving averages and oscillators.

About the Presenter
Mohamed Ashraf is Chief Technical Analyst for CI-Capital; the wholly-owned investment bank of the Commercial International Bank (CIB), Egypt’s largest private-sector commercial bank. Prior to this he was the Head of the Technical Analysis desk for Dynamic Securities Brokerage Company – CI-Capital member.

He serves currently as a board member and Vice President for the Middle East and Africa region in the International Federation of Technical Analysts (IFTA). He also serves as a board member in the Egyptian Society of Technical Analysts (ESTA), and an education committee member in ESTA.

Mohamed graduated from the faculty of Economics & Political Science, Cairo University. He is a Certified ESTA Technical Analyst (CETA), a Certified Financial Technician (CFTe) and holds a Master of Financial Technical Analysis (MFTA) from IFTA.