October 2012
Intermediate to advanced
250 pages
6h 3m
English
book
Timing Solutions for Swing Traders: A Novel Approach to Successful Trading Using Technical Analysis and Financial Astrology
by Robert Lee, Peter Tryde
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CHAPTER 9
Financial Astrology
This chapter deals with how to make use of the lunar cycle. The lunar cycle manifests as the most frequent and predominant cycle among the various astrological cycles. Cyclical patterns have been observed in many fields, such as biology, astronomy, agriculture, and social spheres, to mention a few. It is well accepted that the phases of the Moon influence people’s behavior, and scientists established long ago their relation to the rising and falling of the tides. In July 2010, the Royal Bank of Scotland published a report on the correlations between the Moon’s phases and the behavior of financial markets (“Sheer Lunacy Staring at the Heavens,” www.rbsm.com/strategy). The study showed a remarkable increase in profits in a lunar-based buy-sell strategy as compared to a regular buy-hold strategy.
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