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Hi Mazerashii, I think I know what you mean by a parabolic price move, but could you supply a chart to explain?
you often see these moves in conjuction with moon phases that exhaust the perception in the market from buyers to sellers. it's uncanny really. traders are sheep. so glad I found this correlation, it makes trading fun. I call it the hand of god effect. or hog for short.
Just my opinion, but to simplify Gann's research and methodology down to Astrology would be doing him a disservice. Gann was researching harmonics and its effect on the world around us and us. A good book to look into for an introduction is "All About Technical Analysis" by Constance Brown. She discusses Fibonacci, Gann, and harmonics all throughout the book, but Gann comes in primarily in the last few chapters. If you're going to google harmonics, make sure you look for Pythagorean Inotation and not Equal Temperament. Equal Temperament is the harmonics related to European and American musical scales and not mathematical harmonics(phi). Also, look up the Gann Harmonic Wheel. It's really interesting and has links back the to building of the Pyramids in Egypt.
www.alcyone-ephemeris.info has a free ephemeris for download - however I have a question that maybe someone will be able to answer?!
How can you tell when mercury changes speed? I've backtested Larry Pesavento's book (he gives details for 1994-1995) and this is one of the best indicators for either a change in trend or an increase in thrust in the same direction as the previous trend.
I've downloaded the above ephemeris and looked at the dates but can't seem to work it out?....
Dates are:
1994:
Jan 19
Feb 11
Feb 20
Mar 5
May 2
Jun 12
Jun 24
Jul 5
Aug 8
Oct 9
Oct 20
Oct 29
Nov 26
Dec 7
1995
Jan 1
Jan 25
Feb 4
Feb 16
Apr 18
May 24
Jun 5
Jun 17
Jul 24
Sep 24
Sep 22
Oct 4
Oct 13
Nov 4
I am a newbie on Forex market but have ten years of astrological experience. Truly to say there is no (at least simple and well-known) correlations between planetary patterns and market behavior. Otherwise it would be much more wealthy people among astrologers.
I am a newbie on Forex market but have ten years of astrological experience. Truly to say there is no (at least simple and well-known) correlations between planetary patterns and market behavior. Otherwise it would be much more wealthy people among astrologers.
I never heard of VOC Moon periods influence on prices though this phenomenon is widely used in astrology. You may read more about what VOC Moon is and how it allegedly does affect businesses here and there. Those services are convenient because you may adjust the time zone to your place of residence.
As to Mercury speed changes, yes they are very often coincide with the major market moves. For example, you may see this graph where the Mercury longitude speed plotted over the DJIA rate (green line).
Hi Bogdan,
My favourite quote on the subject of financial astrology comes from JP Morgan (I'm sure he didn't die poor...) "Millionnaires don't use astrology, Billionnaires do!". I'm neither (yet) but after reading Larry Pesavento's books, nearly all the Gann books and other authors who wrote about Gann (install emule and you can download them) - if planet conjunctions are used with solid technical analysis (i.e. don't enter trades entirely on astrology) then the results are very good from what I've backtested and recently traded (March and April are going to be interesting). Another author who's written on Gann plus astrology called Patrick Mikula, wrote a book where a computer was used to work out the past planetary conjunctions and these were placed on price charts. Every possible conjunction, over 500 US stocks and most commodities were tested and analysed (a lot of work...) and the results are in his book for which planetary conjunctions are the most reliable for each stock or commodity -it's an in depth statistical work with some truly amazing results.
Mikula's written other excellent books too.
All the Pesavento books are very good also, with three dealing with astrology. The backtesting I've done has been eye opening, that's why i'm really wanting to know how to work out when Mercury changes speed as it relates very directly to forex - can you help?.
...but... don't believe me as to financial astrology's validity, get the books and do some back testing!