As I mentioned in a recent post, as we go through our list of observations what we are looking for is a bunch of things that have a high probability of occurring at certain market behaviours.
Now before I get into looking at the moon phases on charts, I just want to prepare you that the moon is not the only astral object that we will be observing – although the moon is closest to the Earth it is tiny compared to the other planets within our solar system.
Those other massive astral bodies have larger gravitational pulls that through varying alignments with each other they have amazingly effects on the human masses psyche which in turn is reflected within the charts – you know the cycles we have been studying… that is exactly the effect. We will go into that more deeply later.
For now, onto the moon phases.
And remember we are only interested in the full moons that are within our cycle zone bands. So on the daily chart we will look at our 23 completed 15 week cycles and determine how many of the cycle lows turned within 3 days either side of a full moon.
Out of our 23 cycles 16 of them had a full moon +/- on average 2.25 days within the turning date of the cycle lows – this represents 70% of the time.
I most definitely prefer a probability of 80% or more, but we don’t want to disregard these findings just yet as this combined with all the other high probability events within the time bands gives a really good indication of a potential market turn.
After the moon I looked into other varying astral body alignments, like Sun/Saturn, Sun/Mercury…etc but did not find anything significant.
There is great depth to understanding Geocosmic studies, and I can’t do it justice within a couple of blogs.
So if you have only just heard about this type of analysis being applied to the financial markets you most likely are finding it quite hard to wrap your head around. But like I mentioned earlier its not about finding out why it works, if it works and can improve your trading performance then use it!
So let’s do a quick summary of what observations we have made on the USDJPY.
Want to see another amazing thing? Next blog we will be looking at the high probabillity monthly turning dates.
Keep it real!