Financial Astrology

Having seen a recent thread on this topic ridiculed, I thought I'd post a recent piece from Raymond Merriman who operates in Financial Astrology:

Mr Merriman has been calling a potential top in Equities and other markets for weeks, around the key cycle date of 27th July.



"We are now entering the time band of the Venus retrograde influence. On July 27, Venus will reverse its apparent direction through the heavens from 2 degrees of Virgo. It will remain in retrograde through September 8. Within 12 trading days of Venus turning retrograde, the U.S. stock market has had a 78% correlation to primary or greater cycles from which prices reversed substantially. But it is not only equities that are affected by this geocosmic event. All markets can experience major turns around this time, for Venus rules values and assets of all kinds. Specifically we associate Venus with money, or currency values."

Anyone following this could've maybe made valuable adjustments to their portfolios ahead of the market volatility. Looking at weekly charts on currencies and recent risk/bad news averse moves on equities, one didn't have to look far for fading opportunities.

Saint

SAINT said:

Having seen a recent thread on this topic ridiculed, I thought I'd post a recent piece from Raymond Merriman who operates in Financial Astrology:

Mr Merriman has been calling a potential top in Equities and other markets for weeks, around the key cycle date of 27th July.



"We are now entering the time band of the Venus retrograde influence. On July 27, Venus will reverse its apparent direction through the heavens from 2 degrees of Virgo. It will remain in retrograde through September 8. Within 12 trading days of Venus turning retrograde, the U.S. stock market has had a 78% correlation to primary or greater cycles from which prices reversed substantially. But it is not only equities that are affected by this geocosmic event. All markets can experience major turns around this time, for Venus rules values and assets of all kinds. Specifically we associate Venus with money, or currency values."

Anyone following this could've maybe made valuable adjustments to their portfolios ahead of the market volatility. Looking at weekly charts on currencies and recent risk/bad news averse moves on equities, one didn't have to look far for fading opportunities.

Saint

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NOW you tell us!

I thought Saturn was the planet of finance and Venus was the planet of love and beauty.

Last time the market tanked it was down to the eclipse of the moon and before that a bad case of solar wind.

Eeek..I'm seeing sunspots before my eyes.

I don't wish to offend but the top was one week before.

Perhaps Ur....., no I won't go there!

SAINT said:

Having seen a recent thread on this topic ridiculed, I thought I'd post a recent piece from Raymond Merriman who operates in Financial Astrology:

Mr Merriman has been calling a potential top in Equities and other markets for weeks, around the key cycle date of 27th July.

Click to expand...

I'm glad you were able to make money out of this Saint.

Out of interest, is this Mr. Merriman's first such prediction? And how many weeks has he been calling this?

If he has been doing this for a while, can you confirm what other key reversals he has called in the past, or do you just keep a record of the successes?

No, I've followed his comments for 2 years but haven't always been in the markets at the time. I guess like any 'indicator?' such as elliot wave, there will be potential outcomes which may open up a plan B.

As far as the top being a week ago, he has posted for weeks about this date as it was part of three key dates (the first coinciding with the february market fall). As I said
earlier, if you're at least aware of such climates then you could position yourself accordingly. Money management would always be most important and the timeframe you trade.

His column is updated every sunday. I've not looked too far into the astrology but in july 05, another columnist advised buying Gold due to a Leo cycle and said that
it would go on a year long bull run after labor day (u.s.). The price of gold then was 330 approx. and it's doubled since. (Unfortunately, I sat and watched the whole move) .

i was in a similar position to saint a few weeks ago after reading a few threads, namely that i know/believe something to be true that was being dismissed emphatically as useless(incidently i know nothing about astrology whether it works or not). is it possible for someone to make the following statements with any validity - oscillators are useless there is no value to them or trading 5 minute charts is a waste of time its only noise. of course its not all that can be said is im unaware of any usefullness in these. because one person has been unable to find something of value in well anything does not mean the next person hasnt or that none exists. statements from the premise of omniscience dont hold much water. its black and white swans again.

Can i program the "Venus retrograde influence" Indicator in eSignal and will it only work when theres a Full Moon????



AliEn

SAINT said:

Having seen a recent thread on this topic ridiculed, I thought I'd post a recent piece from Raymond Merriman who operates in Financial Astrology:

Mr Merriman has been calling a potential top in Equities and other markets for weeks, around the key cycle date of 27th July.



"We are now entering the time band of the Venus retrograde influence. On July 27, Venus will reverse its apparent direction through the heavens from 2 degrees of Virgo. It will remain in retrograde through September 8. Within 12 trading days of Venus turning retrograde, the U.S. stock market has had a 78% correlation to primary or greater cycles from which prices reversed substantially. But it is not only equities that are affected by this geocosmic event. All markets can experience major turns around this time, for Venus rules values and assets of all kinds. Specifically we associate Venus with money, or currency values."

Anyone following this could've maybe made valuable adjustments to their portfolios ahead of the market volatility. Looking at weekly charts on currencies and recent risk/bad news averse moves on equities, one didn't have to look far for fading opportunities.

Saint

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Saint:

The Planets like Venus do not affect Equities or Commodity Futures. This is a fallacy. Equities, commodity futures, options and even Forex are all based on price created by humans. The volatility or any movement of these instruments are all price movements and the Planets have no direct relationship to prices at all.

What exactly is price? Price is the momentary consensus of value between buyers, sellers and undecided traders at the moment of transaction. And all indicators have their foundational basis on Price.

Now, the Planets affect human behavior and humans are the ones bidding prices up or down in the market. Each candlestick signal expresses the totality of the sentiments and behavioral patterns of all Traders (buyers, sellers and undecided) at the particular time frame being utilized.

We do not need Astrological signs or the movement of Venus to know where the market is heading. For full 7 days the Candlestick signal for DJIA gave a warning to all Traders to get out starting from July 12, 2007. There were several Dojis and Hammers all concentrated at the top as shown in the attached chart (boxed). Any Candlestick Analyst who knew his salt would have closed all his positions or shorted the DJIA or any stock for that matter from July 13, 2007.

What I am telling you is that the candlestick chart has incorporated all the feelings, sentiments and behavioral patterns of all the Traders (including the Planetary effect on humans) in the candlestick signal. Hence, there is no need for anyone to seek extra Astrological signs that Impact the Equities and Futures. The candlestick signal does the job for you.

I reiterate my previous premise. Just as the Moon affects humans and the tide, the Planets also affect humans and the weather but not prices directly and hence, cannot directly affect Equities and Futures.

StupendousTrader said:

Saint:

The Planets like Venus do not affect Equities or Commodity Futures. This is a fallacy. Equities, commodity futures, options and even Forex are all based on price created by humans. The volatility or any movement of these instruments are all price movements and the Planets have no direct relationship to prices at all.

What exactly is price? Price is the momentary consensus of value between buyers, sellers and undecided traders at the moment of transaction. And all indicators have their foundational basis on Price.

Now, the Planets affect human behavior and humans are the ones bidding prices up or down in the market. Each candlestick signal expresses the totality of the sentiments and behavioral patterns of all Traders (buyers, sellers and undecided) at the particular time frame being utilized.

We do not need Astrological signs or the movement of Venus to know where the market is heading. For full 7 days the Candlestick signal for DJIA gave a warning to all Traders to get out starting from July 12, 2007. There were several Dojis and Hammers all concentrated at the top as shown in the attached chart (boxed). Any Candlestick Analyst who knew his salt would have closed all his positions or shorted the DJIA or any stock for that matter from July 13, 2007.

What I am telling you is that the candlestick chart has incorporated all the feelings, sentiments and behavioral patterns of all the Traders (including the Planetary effect on humans) in the candlestick signal. Hence, there is no need for anyone to seek extra Astrological signs that Impact the Equities and Futures. The candlestick signal does the job for you.

I reiterate my previous premise. Just as the Moon affects humans and the tide, the Planets also affect humans and the weather but not prices directly and hence, cannot directly affect Equities and Futures.

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Any trader 'worth his salt' has obviously understood that candlesticks are a fallacy!
I could attach 300 charts to this post with a buy here, sell here recommendation. I didn't try to say that the planets control the supply and demand of futures etc but that there was a proven correlation to equity reversals around the venus situation. I've studied candles myself and have since given it up. The only people getting rich off candles are those who run candle seminars.

(Although that may sound cynical, I'd love to hear from any billion dollar dollar hedge fund who, like stupendous rookie, shorted the equity markets or took profits based on a doji).

SAINT said:

Any trader 'worth his salt' has obviously understood that candlesticks are a fallacy!
I could attach 300 charts to this post with a buy here, sell here recommendation. I didn't try to say that the planets control the supply and demand of futures etc but that there was a proven correlation to equity reversals around the venus situation. I've studied candles myself and have since given it up. The only people getting rich off candles are those who run candle seminars.

(Although that may sound cynical, I'd love to hear from any billion dollar dollar hedge fund who, like stupendous rookie, shorted the equity markets or took profits based on a doji).

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More likely that billion dollar hedge fund will act on doji, than the position of Mars. And pretty unlikely they will act on either.

The world is full of correlations that are just blind chance. It is also full of people citing correlations as are definitve evidence of various weird theories. Show a plausable mechanism for astrological effects on market prices and there is some reason to regard it as something other than bunk.

Until such time I will continue to regard it as bunk.

Seasonal effects are another matter.

"Proof" that global warming is due to the reduced number of pirates. Just as rational.

SAINT said:

Any trader 'worth his salt' has obviously understood that candlesticks are a fallacy!
I could attach 300 charts to this post with a buy here, sell here recommendation. I didn't try to say that the planets control the supply and demand of futures etc but that there was a proven correlation to equity reversals around the venus situation. I've studied candles myself and have since given it up. The only people getting rich off candles are those who run candle seminars.

(Although that may sound cynical, I'd love to hear from any billion dollar dollar hedge fund who, like stupendous rookie, shorted the equity markets or took profits based on a doji).

Click to expand...

Saint:

The following is your exact statement, quoted verbatim.

Within 12 trading days of Venus turning retrograde, the U.S. stock market has had a 78% correlation to primary or greater cycles from which prices reversed substantially. But it is not only equities that are affected by this geocosmic event. All markets can experience major turns around this time, for Venus rules values and assets of all kinds. Specifically we associate Venus with money, or currency values."

You stated that Venus rules values and assets of all kinds. That's very direct. Venus does not rule any Values or Assets. These are intangibles. There is no doubt that the Planetary system has a direct impact on humans just as the moon affects the tides but it has no direct effect on prices and values which are intangibles. Only human sentiments and thoughts with their attendant actions directly affect prices and values in the market.

BTW, my friends got out of the market because of those Candlestick signals and some of them did short the DJIA. Candlestick, bar and line charts are graphical depictions of price movements. You can monitor price as a series of numbers or you can monitor it graphically as in the charts. The choice is up to you. As they say, a picture is worth a thousand words and the picture in this case is the chart, be it candle, bar or line.

As of this writing I am yet to find any other type of chart that can beat the accuracy and predictive power of candlestick signals. Not even point and click has been able. If you find one, do inform me because I would love to use it.

HAHA, I loved the pirates chart : ) I just read a great book called 'fooled by randomness'
which touches on the correlation subject and chance. I understand what you mean by the
astrological influences being a lucky correlation, however they have proved a consistent
correlation, so if something works then it's worth looking at (no matter how crazy it
appears).

ps I'm a bit worried that if we fight carbon emissions etc., we may lower the worlds temperature and then be under threat from pirates : )


Stupendous. Apologies for attacking your indicator of choice, as I initially set this thread up to maybe have skeptics of astrology look at it differently in the financial markets so it would be hypocritical to dismiss others opinions or styles. I have used candles before but I found that hammers etc can often be breached, but I guess this is
where money management etc comes in.

Thanks for your views guys.

Saint

More Proof!

dcraig1 said:

"Proof" that global warming is due to the reduced number of pirates. Just as rational.

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LOL!

dcraig1 said:

"Proof" that global warming is due to the reduced number of pirates. Just as rational.

Click to expand...

Ugh? The x axis is all over the place. Chart is totally meaningless.

are there any useful astrological finance charts that are predicting anything for August?
so that we can forward test their analysis.

are there more than one such group, and do they come to the same conclusions, or are they liable to contradict each oher?

Starstruck

If anybody would like to investigate the stars and trading further

http://www.beginnertrader.com/forum2/index.php

It's all fascinating stuff but that's about it.

Just as man is apt to blame his bad fortune on the stars and so it is with trading.

You can hear it now...

"The other day I went long and blew my account - silly me forgot that Venus was in retrograde and Saturn was 61.8% west of the milky way."

:cheesy:

trendie said:

are there any useful astrological finance charts that are predicting anything for August?
so that we can forward test their analysis.

are there more than one such group, and do they come to the same conclusions, or are they liable to contradict each oher?

Click to expand...

Thanks for the post Trendie. As I mentioned, the site stariq.com (click 'market week')
is a free piece on this updated each sunday. This weeks one is quite interesting as it talks of length of cycles which you could use to backtest.

I feel this thread went slightly off course so here are the main points:

For weeks (and months as it appeared in his 07 guide) this financial astrologer talked of 3 dates in 07 where markets may experience turmoil. 1st was the feb correction and 3rd was this july 27 approx. Now- the reason given was that the last 5 occasions this century we had this astrological setup there was a large correction in equities (not just a simple pullback).

My point was to show this to others on this site just out of interest.I understand fully that lucky/coincidence correlations occur but here was something which was 'predicted', not correlated in hindsight.

So if someone can PREDICT with the same success, using a strategy which links to numbers of pirates or size of underwear then great. But don't do it with a 'buy here, sell there' recommendation after the event. This is what I was highlighting.

This prediction, allowed somebody who lends it weight, to be prepared for a 'potential' fall in equities and if following the currency markets also, an unwind in equities would lead to risk coming off the table - in such things as the carry trade.

I profited from shorting NZD and GBP. If I lost on these trades then I would probably then ignore this type of analysis, however it was correct and I will continue to read with further interest to see if I can use it again. Maybe it was luck, maybe I took profits too early but we'll see.

As a final point, i wouldn't be foolish enough to breach my money management rules, blow out my account and then blame the planets for my failure. Any indicator should be used with the correct discipline.

All this stuff about the moon and trading really is tiresome.

My wife does go a bit hairy though on the full moon I find....

rols said:

All this stuff about the moon and trading really is tiresome.

....

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typical scorpio!!