Does anyone use this style of chart regularly? I have heard it mentioned very favourably by some very experienced trading authors. For example, Daryl Guppy has an article on it on his website http://www.guppytraders.com/gup140.htm
I'm also looking for a free online charting site (like incredible charts) which shows p&f charts but have had no luck yet. Most require registration and the ones guppy refers to are only temporary subscriptions. I plan to compare my bar charts of stocks I'm watching to the p&f charts of the same stock to see what I can glean. I'm more inclined to go for the classic method that Guppy refers to. He talks about p&f charts in his books (eg Share Trading).
I'd be interested in anyone that finds these useful for trading Australian markets short term (ie not intraday, more weekly or monthly). Guppy emphasises in his book that this is a pure price oriented method (as opposed to volume, time etc). It appears to show up some trends very clearly.