Wishing you all a wonderful new year ahead, with love, joy, peace and success in your trading ~
There is a cyclical system (a blend of astrology and numerology) that is very popular in the far east - India, china and Japan...and I applied the dates for 2015 to NKD (nikkie index futures) and I see that NKD seems to respond with the following possibilities - on a 4 hr time frame
a) It marks the change in trend,..as seen using TTM_trend study (John carter) or use the Hiekienashi candles
b) it marks the dates, when imp. S/R lines are broken ( S/R as formed in the last 3-4-5 days)
c) it marks when the market opened with a gap or the highest/lowest points (imp pivots) in the short term (1-2 week)
I am providing the dates below and I suspect that I am very biased and unable to objectively study this method ( as i want it to work)
i will be getting more dates for previous years (which is a bit of a tedious process, which I will eventually do and share if this method has potential)..
Would really appreciate, if someone could plot the following dates onto the NKD 2015 chart_ 4hrs and see if the above rules are indeed applicable or not to these dates -
Year Month Date - for time i used - 9 AM on every date
2015 Jan (6)
2015 Feb (5)
2015 Mar (7)
2015 Apr (6)
2015 May (5)
2015 Jun (4)
2015 Jul (3)
2015 Aug (2)
2015 Aug (31)
2015 Sep (29)
2015 Oct (29)
2015 Nov (27)
2015 Dec (27)
Curious to see a blend of astrology and numerology referred to as a "method".
I can't help wondering whether "responding to" is perhaps rather a dramatic claim, even if there appears to be some correlation? "Responding to" rather implies a direct causative relationship, doesn't it?
There are 2 possibilities as to why an astrological system might be impacting the markets -
1) Just like fibonacci re-tracements become a self fulfilling system, because so many forex traders use it, it could be the case that many eastern traders and hedge fund managers have their own astro/numbers based cycles that they use, so much so that there might be a trading opportunity there.
2) the other possibility is of course, more radical, in that astro phenomena have an influence on the human psyche pushing them to respond in either - extreme fear & euphoria - "feelings" which traders then spill onto the trading floor.
Personally, I don't care ....only thing I do care about is developing a fairly good trading system.
So far, I have collected some promising methods, that are astrologically derived, & have developed a trading system around them, but I am a bit lost on how to back test them effectively.
Hoping to collaborate with someone who has some experience back testing strategies.
I don't mind paying, but no idea on how to find my tester !