Share:

Looking for potential Market Turns in FX markets?

Many traders had come to me saying that the FX market is so unpredictable and that not only does the release of economic data move the currencies’ prices, the FX market seems to be affected by many other factors like central banks’ speeches and their intentions of raising or reducing its currency interest rates. And yet, putting aside all these news-related price movements, the currencies also seems to have a kind of rhythm to dance with themselves.

Yes, FX markets do response to a lot to expected news (such as economic data release) and unexpected news (such as earthquakes/ missile tests from Korea etc) as it pretty much runs 24 hours a day. But this is also the reason why I like to trade with FX a lot – that is, the planets in our solar system are also moving in the sky 24 hours a day as well. And they keep on giving signals to our investment markets – Don’t understand what I mean? Let’s see a few examples on how I read the markets from an astrological point of view!

 

How to trade with the Astrology Timing

Spot for set ups

  1. Mid to Long Term

First, I would like to raise a non-FX example so as to explain the theory that I am introducing to you is universal to all investment products, and that it does not only confine within the FX market.

 

For example, on 2010-May-28 is the Uranus ingress date, and let us take a look on its interaction with the Dow Jones Industrial Index. (Shock!) See that Uranus ingress served as a ‘base’ for market to advance as time goes by.

 

 

The good news is: this price pattern is not a single-time incident, and now, all of a sudden, the market becomes predictable. Let us now trace back one earlier ingress date of Uranus –

This is what had happened when Uranus ingressed Pisces on 2003 March 11.

 

 

It (ingress of Pisces) served as a ‘base’ for the bull market in 2003 – 2007, and it worked nicely with the 2008/ 2009 financial crisis which it served as a mysterious support at the same price level.

Do you see same interaction/ price pattern going on, in both of the DJI charts?

 

How “Eph Alarm” will able to help you

Assuming you have already downloaded the iOS app “Eph Alarm” and have watched the video which introduces basic functions of the app on "Trineaspect".

Now you can import all these ingresses date onto your apple calendar, and set an alarm from 120minutes to 3 days ‘after’ they occurred in the sky and check if they had served as ‘ bases’ in the market when the alarm reminds you of their occurrence.

Set a tight stop loss a bit below (if it serves as a bottom) or above (if it serve as a top) the ‘base’, and then you can ride with the trend together with your analysis derived from fundamental analysis or technical indicators.

You can also treat the ‘base’ as an alert that a certain trend might have changed whenever the market breaks these ingress ‘bases’!

 

How to import the ingress dates onto the calendar

Below are the screen shot from the app, Just click on the solar button on the Top left corner and choose Set Alarm

 

        

 

And clicking the right top hand Calendar button will allow you to import all these astro phenomena dates into your apple calendar.

 

  1. Short Term & Intraday Trade

The same theory actually also applies to other faster moving planets like mercury. And now let us do another example here:

 

 

You may see when Mercury ingress Gemini, it serves another nice bottom for the Euro in May, 2013.

And for intraday traders, I personally use moon ingresses to trade with a tight stop loss around 25 pips on volatile market like JPY/ EUR/ GBP. I have traded on this strategy around 2 years now and so far it works ok

 

As you can see, the market usually stay near the ingress point and not moving exceed more than 25pips. and then *boom!*, and this chart showed I can easily get the 50 pips profit with little drawdown in my position. Risk Reward Ratio is 1:2.0+

 

 

 

 

 

 

Khit Wong and all members of Gann Explained LLC are NOT financial advisors, and nothing they say is meant to be a recommendation to buy or sell any financial instrument. All information is strictly educational and/or opinion. By reading this, you agree to all of the following: You understand this to be an expression of opinions and not professional advice. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and education and does not constitute advice. The brand name of Gann Explained LLC will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. You are solely responsible for the use of any content and hold Khit Wong, Gann Explained LLC all members harmless in any event or claim. FTC DISCLOSURE: Any income claims shared by myself, students, friends, or clients are understood to be true and accurate but are not verified in any way. Always do your own due diligence and use your own judgment when making buying decisions and investments in your business.

Editors’ Picks

EUR/USD hovers around 1.0700 after German IFO data

EUR/USD hovers around 1.0700 after German IFO data

EUR/USD stays in a consolidation phase at around 1.0700 in the European session on Wednesday. Upbeat IFO sentiment data from Germany helps the Euro hold its ground as market focus shifts to US Durable Goods Orders data.

EUR/USD News

GBP/USD steadies near 1.2450, awaits mid-tier US data

GBP/USD steadies near 1.2450, awaits mid-tier US data

GBP/USD is keeping its range at around 1.2450 in European trading on Wednesday. A broadly muted US Dollar combined with a risk-on market mood lend support to the pair, as traders await the mid-tier US Durable Goods data for further trading directives. 

GBP/USD News

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap. 

USD/JPY News

Editors’ Picks

EUR/USD hovers around 1.0700 after German IFO data

EUR/USD hovers around 1.0700 after German IFO data

EUR/USD stays in a consolidation phase at around 1.0700 in the European session on Wednesday. Upbeat IFO sentiment data from Germany helps the Euro hold its ground as market focus shifts to US Durable Goods Orders data.

EUR/USD News

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap. 

USD/JPY News

Gold price trades with mild negative bias, manages to hold above $2,300 ahead of US data

Gold price trades with mild negative bias, manages to hold above $2,300 ahead of US data

Gold price (XAU/USD) edges lower during the early European session on Wednesday, albeit manages to hold its neck above the $2,300 mark and over a two-week low touched the previous day.

Gold News

Worldcoin looks set for comeback despite Nvidia’s 22% crash Premium

Worldcoin looks set for comeback despite Nvidia’s 22% crash

Worldcoin price is in a better position than last week's and shows signs of a potential comeback. This development occurs amid the sharp decline in the valuation of the popular GPU manufacturer Nvidia.

Read more

Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium

Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out

While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration. 

Read more

RECOMMENDED LESSONS

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology