donaldduke
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As you long as you cut your losses short and let your profits run and only take a position when
the market action starts to confirm your signal then you will make money, regardless of what
method you use.
the market action starts to confirm your signal then you will make money, regardless of what
method you use.
maxpain
...see the link to site below....
http://easy-trading-tools.00cd.com/custom3.html
read section on astrostuff.....You may either believe this or read and dispose it....
I think the chap has learned Hindu Astrology stuff and has applied it to trading...!!!
...see the link to site below....
http://easy-trading-tools.00cd.com/custom3.html
read section on astrostuff.....You may either believe this or read and dispose it....
I think the chap has learned Hindu Astrology stuff and has applied it to trading...!!!
thanks - know about these sites but it would be fun if someone posted their analysis of the current situation and what we could expect of the future. I´m eating all served food. Astricos is one among many webb sites on the Internet. Didn´t expect many serious answers. Neglecting of how a market acts out from different aspects is suicidal. Know that new/full-Moon have an impact but not much more. It all depends on how many of the participants that are using the same trading technique.zambuck said:
BR
Beach Runner
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maxpain,
I don't trade using astrology but I find it of interest. Here is my little bit of limited info - serious info that is:
Financial astrology is not based on star columns, star signs and the rubbish in the Daily Idiot. It's based on statistics gathered, like everything else, over a number of years. It can and should be used as just another useful tool - just the same as most technical indicators. Most financial astrologers, in the main (and there are not that many of them), suggest it is used as an adjunct to technical analysis - you don't take a position unless you receive a signal from both a technical indicator and an astrological one.
It is probably best used for long-term position trading. For stocks you need access to data about each individual company, so it is not as easy as just obtaining a chart; for commodity futures it is a little easier, as certain planets when creating an aspect (60, 90, 120 and 180 degrees, etc) with particular planets in the sky, often show a change in trend (major or minor depending on other factors). The planet Neptune for instance, is associated in major aspects with changes (major or minor) with trends in oil. I must repeat again, that these observations are from stats gathered and not from, "Oh, look, I'm Taurus so that means I'm good with money - and the moon's in Virgo so I'll get laid too - and make lots of boodle today' and all that s***.
Financial astrology is not 100% accurate but combined with simple TA some believe its accuracy can be in the region of 65-80%. But again it probably would not be that useful for scalping although I did once read of some locals who used it (as a reference) in the pits in Chicago. This is to do with planets hitting angles at a specific location.
One of the difficulties is that although financial astrology is not complicated, it is complex, and there is a lot more to learn than just how to spot head and shoulders. Before the advent of computers it was a field that because of all the calculations involved very few people were interested in. More research is now being done, although it is still in its infancy, although there were notable practitioners in the past: W D Gann being one.
Most people who will add their comments of scorn or incredulity to this thread (and I will be very surprised if I don't get rubbished) will never have read or have studied anything about this subject. But then, that also means that most people will not be following its signals.
It's an interesting and different topic you have highlighted, maxpain. Thanks.
P.S. I have written this once before in a thread when I came to its defence so before anyone accuses me - I don't read astrology columns in newspapers.
I don't trade using astrology but I find it of interest. Here is my little bit of limited info - serious info that is:
Financial astrology is not based on star columns, star signs and the rubbish in the Daily Idiot. It's based on statistics gathered, like everything else, over a number of years. It can and should be used as just another useful tool - just the same as most technical indicators. Most financial astrologers, in the main (and there are not that many of them), suggest it is used as an adjunct to technical analysis - you don't take a position unless you receive a signal from both a technical indicator and an astrological one.
It is probably best used for long-term position trading. For stocks you need access to data about each individual company, so it is not as easy as just obtaining a chart; for commodity futures it is a little easier, as certain planets when creating an aspect (60, 90, 120 and 180 degrees, etc) with particular planets in the sky, often show a change in trend (major or minor depending on other factors). The planet Neptune for instance, is associated in major aspects with changes (major or minor) with trends in oil. I must repeat again, that these observations are from stats gathered and not from, "Oh, look, I'm Taurus so that means I'm good with money - and the moon's in Virgo so I'll get laid too - and make lots of boodle today' and all that s***.
Financial astrology is not 100% accurate but combined with simple TA some believe its accuracy can be in the region of 65-80%. But again it probably would not be that useful for scalping although I did once read of some locals who used it (as a reference) in the pits in Chicago. This is to do with planets hitting angles at a specific location.
One of the difficulties is that although financial astrology is not complicated, it is complex, and there is a lot more to learn than just how to spot head and shoulders. Before the advent of computers it was a field that because of all the calculations involved very few people were interested in. More research is now being done, although it is still in its infancy, although there were notable practitioners in the past: W D Gann being one.
Most people who will add their comments of scorn or incredulity to this thread (and I will be very surprised if I don't get rubbished) will never have read or have studied anything about this subject. But then, that also means that most people will not be following its signals.
It's an interesting and different topic you have highlighted, maxpain. Thanks.
P.S. I have written this once before in a thread when I came to its defence so before anyone accuses me - I don't read astrology columns in newspapers.
trendie
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Dont rubbish astrological finance !!
Some people treat companies as people, in that they take the birthday, and cast a horoscope, identifying rising sign, ascendant, planetary conjunctions etc.
These should be unique for each company.
As beachrunner has explained, this is more detailed than the newspaper rubbish.
Based on the unique horoscope, a futurescope can be cast.
Also be aware, that astrology is about "possibilties" not that certain events WILL happen at a certain time.
Astrology is more about about "there are tides in the affairs of man, when taken at the flood, lead to great fortune" - more guidelines than exact details.
Gann used the Venus-Neptune Trine to predict highs/lows.
They seem to work, even in 1987 !!
As with all things, they dont work all the time. ( no system ever does ).
The BIGGEST mistake people make is take a planetary configuration and apply it to EVERYTHING.
That would imply EVERY company in the world woudl behave the same way at the same time -this is absurd.
Also, consider Hindu astrology, as mentioned previously - this process may contradict the western astrology.
Also, there is Chinese astrology !!
A lot of study would be required to ascertain which is the valid one ( or which is more accurate under which circumstances ).
However, consider donaldduke remarks about it not being important what you use, since if you cut your losses and let the profits run, you achieve positive expectancy anyway !!
Some people treat companies as people, in that they take the birthday, and cast a horoscope, identifying rising sign, ascendant, planetary conjunctions etc.
These should be unique for each company.
As beachrunner has explained, this is more detailed than the newspaper rubbish.
Based on the unique horoscope, a futurescope can be cast.
Also be aware, that astrology is about "possibilties" not that certain events WILL happen at a certain time.
Astrology is more about about "there are tides in the affairs of man, when taken at the flood, lead to great fortune" - more guidelines than exact details.
Gann used the Venus-Neptune Trine to predict highs/lows.
They seem to work, even in 1987 !!
As with all things, they dont work all the time. ( no system ever does ).
The BIGGEST mistake people make is take a planetary configuration and apply it to EVERYTHING.
That would imply EVERY company in the world woudl behave the same way at the same time -this is absurd.
Also, consider Hindu astrology, as mentioned previously - this process may contradict the western astrology.
Also, there is Chinese astrology !!
A lot of study would be required to ascertain which is the valid one ( or which is more accurate under which circumstances ).
However, consider donaldduke remarks about it not being important what you use, since if you cut your losses and let the profits run, you achieve positive expectancy anyway !!
JTrader
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I first learnt about the importance of astronomy in trading when I went to a (free) trading seminar last year. The speaker (who I will not name) emphasized how certain market occurrences always seem to coincide with a full moon. Spooky..........
Since that day, my policy has been to refrain from all trading activity the day after a full moon.
:cheesy:
(I am joking).
Since that day, my policy has been to refrain from all trading activity the day after a full moon.
:cheesy: (I am joking).
When I came accross Gancycles for the first time I thought "what a load of rubbish".
However, out of idle curiosity, (I am also one of those), I started tracking the forecasts against the actual Dow daily charts.
I would never speculate using astrology but have found the times indicated have a high correlation to reality.
So high that I try to be at the screen at indicated times and have found that the movements predicted are, to me, far more accurate than I expected.
On one occasion 6/8 moves would have been tradeable.
A bit like Meteorology really. If the model gets out of synch. it can take a while for everything to settle down again.
I can never trade around a full moon because the hair on my paws gets stuck in the keyboard.
However, out of idle curiosity, (I am also one of those), I started tracking the forecasts against the actual Dow daily charts.
I would never speculate using astrology but have found the times indicated have a high correlation to reality.
So high that I try to be at the screen at indicated times and have found that the movements predicted are, to me, far more accurate than I expected.
On one occasion 6/8 moves would have been tradeable.
A bit like Meteorology really. If the model gets out of synch. it can take a while for everything to settle down again.
I can never trade around a full moon because the hair on my paws gets stuck in the keyboard.
OK...more on the stuff...
My mother will not do anything or enter a new house or premises unless she consults an astrologer, who after reading 'Panchang' (akin to Moores Almanec....but Indian style..) will advise what will be the most auspicious day and hour to enter the premises....Also anything major has to be cleared by the astrologer....otherwise it will not go ahead....
For interest, when Hong Kong Shanghai Bank was nearing completion, the Feng Shui man asked for the escalators to be inclined at a particular angle, as the one indicated on the drawings was not good...British architect Norman Foster had to bend down and change the angle to suit and the result was change in the angle of the escalators at main entrance level as it stands now.....
Do not accept anything, but also do not discount anything unless you have tested it..!!!
My mother will not do anything or enter a new house or premises unless she consults an astrologer, who after reading 'Panchang' (akin to Moores Almanec....but Indian style..) will advise what will be the most auspicious day and hour to enter the premises....Also anything major has to be cleared by the astrologer....otherwise it will not go ahead....
For interest, when Hong Kong Shanghai Bank was nearing completion, the Feng Shui man asked for the escalators to be inclined at a particular angle, as the one indicated on the drawings was not good...British architect Norman Foster had to bend down and change the angle to suit and the result was change in the angle of the escalators at main entrance level as it stands now.....
Do not accept anything, but also do not discount anything unless you have tested it..!!!
One of the newspapers did a stock-picking trial last year. (I think it was the Times, but I'm open to correction on this point, as indeed on anything except my height, which can't be far out). As I remember, they had a fund manager, a 5-year old schoolgirl and a professional astrologer (Christine Skinner, I think ... I believe she's quite a well-known astrologer?). She used the method outlined above, treating companies like people, looking at their date and place of formation as their birth, or something similar. The results came out as one would hope, in that the astrologer made substantial losses, the schoolgirl just about broke even (can't remember exactly what her selection criteria were!) and the fund manager made a few percent profit (it has to happen sometimes!). They didn't have a real trader in the trial to teach them anything.
Beach Runner
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Raymond Merriman, a financial astrologer, writes a 'Weekly Review/Preview' on his website which is always worth a look; although the site is commercial the Preview is free each week. From casual observation each week this year, he's obviously not accurate 100% (as everyone would expect) but I think he's way above 50/50 (chance) in his forecasts of trends and changes in the markets.
He's currently writing a bit about the upcoming election as well as the markets which is probably dangerous ground. I think (and just gut feeling guys - not astrology) he's wrong! But what do I know. Anyway, here's the link for anyone who's interested:
www.mmacycles.com
He's currently writing a bit about the upcoming election as well as the markets which is probably dangerous ground. I think (and just gut feeling guys - not astrology) he's wrong! But what do I know. Anyway, here's the link for anyone who's interested:
www.mmacycles.com
Beach Runner
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maxpain,
Thanks for the charts
I second, zambuck.
Thanks for the charts
I second, zambuck.
zambuck said:
sorry, not much I can contribute with - guess it has something to do with Gann-angels. Found it somewhere & saved it but I´m not sure of how to use the chart other than that it points out one possible trading direction and a possible target area (fib. nmbrs maybe?).
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