Is the Euro Ready To Rally?
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Many markets exhibit fairly consistance cycles. With care, these cycles can often be linked to planetary cycles. Such a linkage can be useful in finding future turning points. This is true of the Euro, as shown by this chart.
The cycle shown is not one that would normally be found, since it includes the minor planet, or even an astroid, called Chiron. Chiron came to my attention through the work of the Magi Society. Their extensive computer research showed that Chiron is important in peoples's lives and in markets.
The other thing that is unusual about the cycle shown, is that it "runs backwards" in time. This is because it is a synodic cycle between Chiron and the Moon's Node, which moves opposite the direction of the planets. Finally, this is a harmonic cycle, with a harmonic of two.
With these parameters, a cycle turning every 45 degrees, as marked by the purple circles on the cycle timeline, and the purple swing line over prices. This shows a potential cycle turn very soon in the Euro. As always, cycles should be tracked with a rainbow of esponential moving averages. Shown on this chart are a red 100 day and blue 200 day EXMAs. Traders should add others, such as a 50, 25, and 12.
An upturn should be confirmed by upturns in the rainbow of EXMA's. Trades can be made in the FX market, the futures market, or in EURO Exchange Traded Funds.
For tools to study astro cycles, look for WinGephi-The Trader's Ephemeris at Moneytide.com or the NinjaTrader astro software at EnergyFieldTrading.com
This content was published on Dr. Al Larson's Chaos Clinic which you can attend each Friday for free.
Dr. Al Larson has developed a complete Chaos Model of Markets, four unique courses that let you become a Certified Chaos Trader, some very unique eMylar fractal pattern overlays, and tools that permit forecasting individual stocks and markets years in advance. You can also sign up for a free weekly email, and attend a free Chaos Clinic on Fridays. To learn more, click on the author's profile.
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