Trading the Moon

I'm ending this thread with 6 charts that take the action up to 10.10 EST.

There's still the chance for lots more upside after a pull back here, but it's moved out of the no-brainer zone. The scalpers can clean up here.

The trend line top is one of my self discovered weapons. Take a look at all the trend lines on the very first chart - they don't follow the normal rules for trend line drawing - can you discover how they work?

Hope you have learned something and will use the moon as your trading friend.

Enjoy ;)
 

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johnpinochet

yoohoo,

Where will you go? Will you never post again? Start a journal!

John

I'm not stopping posting, just ending this thread as it has done what I wanted to do. The problem for me in starting a journal is that I love daytrading - 30 trades daily per index would be pretty slow and 100 nothing unusual. I just can't afford the time to be a consistant journal poster - or perhaps I don't feel good about the committment. I would hate to leave people high and dry.

Thanks for the interest - look out for futher posts off the beaten track.
 
JR97 says...

"I've been using lunar cycles a timing method for about 6 months now. Don't rule out divisions of the lunar cycle for intraday cycles. ...Moon void of course is another to keep an eye on."

JR, as I mentioned earlier all the moon phases have their own characteristics and have great value in trading - so well said.

I liked your chart very much as I also use a box grid for intraday trading - I use it as a roadmap and wouldn't trade without it.

The big difference is I use the Sun for intraday trading and my 10 minute box allows me to have an expectation of the type of trading day well in advance. I then take the trades off a 3 range chart so I get within 4 points of the turns. Another thread perhaps...

;)
 
Sun is crucial in my timing as well. When I get enough "stuff" pointing to the same price, time, or both, it's pretty wise to take heed.

Longitude on square of nine plotting the major angles usually defines the daily range.
 
ryanlee, years back I got the book and thought it was useless. Then I met a guy who inherited the directors $30K system and picked up some useful trading tips.
 
Wallet, good question. No I don't because I deliberately keep it fast and simple. I know that the aficionados will want to shoot me, but this is just a tool in my tool chest rather than my most prized possession.

I used Wave59 for a while and rang the bells and blew the whistles but it took up too much time for too little in results. As I say that's my experience and yours may differ, and hats off to those who are better at this than me. But if any of them read this I'm only impressed with chart examples calling for market moves in advance, not complex theory or past moves.

Money where mouth is please!
 
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