Trading the Moon

Market open 5 mins.

Resisrance intraday as per last charts.

 

yoohoo -

Thanks for the interesting thread. Certainly something off the beaten track of TA.

I never realized the correlation between reversals and lunar cycles....there's always something more to learn.

If I may ask, what does the thick cyan line come from?

Thanks.

Sandy

 

I was looking at the exact same thing.

Because the moon’s orbit is not a perfect circle, it is called a perigee when the moon is closest to the Earth. The perigee happened to fall on this full moon cycle around 10 p.m. Thursday.

 

sandyqray66, it's a Pesavento Map. Can be used on any timeframe.

 

Price action was up as Moon Signal suggested.

Here's an update @ 14.00 EST - Hit intraday resistance as mentioned at start of today.

All this was known well in advance.

 

Yoohoo, great charts!---- How do you put the phases of the moon at the bottom of your chart?

 

Thanks Silver. In Ensign there's cycle tool and in the chart properties there's a moon phases tool.

 

Well guys, a perfect days trading - see attached charts.

My purpose here was to help/challenge some of you to think differently. I trade the Russell, YM and Euro - scalping.

The cash charts are brilliant as an aid to the futures market, the daily to the hourly, and the hourly to the sub minute.

Trade on the less travelled road and you'll find the winners, and you don't have to make it complex.

Enjoy the Moon!

 

Hi,
can you tell how the map on $INDU daily is calculated ?

Thanks...

 

Yoohoo - could you tell me what software you were using to illustrate your recent trading examples, with the EW icon?

Thank you