Do you know who your friends are?
The old market adage is that "the trend is your friend".
That's true no matter how sophisticated a trader you are. It's true whether or not you use astrology as a part of your trading toolkit.
An awareness of the prevailing trend will help your trading no matter what you trade: stocks, bonds, options, futures contracts, Forex, or the latest exotic derivative.
But sometimes it's tough to figure out exactly which direction a trend is going-- whether it's because of an inability to decipher mixed market signals, a failure to take multiple time frames into account, or simply forgetting that markets can move sideways as well as up or down.
But as soon as you've gotten clear about what you think the current trend is, you're instantly in a position to realign your trading accordingly. Sometimes that's all it takes to give you a winning edge.
Even though following a trend can be profitable, however, it's even more important to remember how dangerous it can be to ignore a trend. For example, if the price of a stock is going down and you hang on as you keep looking for a reversal to the upside, you're quite likely to let small losses turn into big ones.
============================================================
Do You Know When the Solar Eclipse Will Have the Biggest Impact?
It's amazing how much there is to learn about the full impact of solar eclipses, which is why as the editor at FinancialCyclesWeekly.com I prepare an in-depth reports on each eclipse and its influence on market behavior. In the Market Astrologer's Blog, I also comment about lots of phenomena you'll find worthwhile, including solar eclipses.
You can read my blog post about the January 15, 2010 solar eclipse at
< http://www.financialcyclesweekly.com/public/department32.cfm?ID=14 >.
============================================================
Full Report on the Solar Eclipse and the Markets
If you really want to know what kind of impact on the country and the economy we are likely to see in the months following the January eclipse, be sure to take a look at my monograph on "The Solar Eclipse of January 2010: Its Impact on the Markets".
You can order a copy today at
< http://www.financialcyclesweekly.com/products/item24.cfm >
============================================================
An Accurate Forecast of a History-Making Market Event
While solar eclipses have a powerful impact, sometimes even just a Full Moon can be important for the markets, too! That was certainly the case on September 15, 2008--the date that marked the nearly complete collapse of the financial system and the start of a massive drop in the stock market. Of course, with the tools of financial astrology it was possible to anticipate this effect before it happened, and that's exactly what I did when I was interviewed on the Commodity Classics show the week before that momentous event, warning viewers that I was looking for "an extremely strong downward move in the markets around the time of the Full Moon" on September 15, adding that my downside price target for the S&P "could be a way station on the path to a much larger move downward" as we headed into the Fall.
You can watch the video clip from this remarkable broadcast at
< http://www.financialcyclesweekly.com/members/359.cfm >.
============================================================
Missing A Tip?
Did you miss a previous Astro-Traders' Tip of the Week? You can view the complete archive of free back issues at:
< http://www.financialcyclesweekly.com/public/department27.cfm >.
| Share this Article |
del.icio.us
Digg
Reddit
Facebook
StumbleUpon
GoogleBookmark
Technorati
Furl