Guest guest Posted September 19, 2002 Report Share Posted September 19, 2002 Hi folks, No matter whether we trade with fundamentals or technical analysis, the basic reason for doing ANY analysis is to determine WHEN we should trade. With stocks, if we get it right, we have bought in when it's cheap and sell out before it retraces. If we are not too greedy, we aim to take the " meat " out of any rally, where possible. One drawback for both technical and fundamental analysis is the fact that, neither have a high regard for TIME. By nature, when chartists use price-based indicators, they are dealing with lagging indicators that analyze the price axis only. When we use fundamentals to analyze a stock, we can determine if it is sound, by using various formulas on the accounts numbers and evaluating management, etc .... That's fine, but again the TIME element has been ignored, apart from profit forecasts made by management. So using the fundamentals does not really tell us WHEN to trade ... that is, PRACTICAL information that says ... enter here and exit there !~! In fact, many " investors " have fallen into the " buy and hold " trap ... forced to wait years for some stocks to recover, if ever. Taking profits, WHILE THEY EXIST, is the real art to trading, no matter what type of analysis we employ. Analyzing the TIME axis is the other half of the equation, for both chartists and fundamentalists. There's plenty of evidence around to support the use of TIME cycles in our trading plan too. Fosters(FGL) and many more have shown us FIXED cycles that can be traded profitably ... there's also DYNAMIC time cycles that occur in every market. Using that example, FGL has exhibited a seasonal cycle, in the past, that has served traders with a good market timing indicator. Markets move along both the PRICE axis and the TIME axis. To omit either one, from our analysis, is to make trading decisions with only HALF of the trading information available .... and that would seem to be doomed from the outset. --------- To introduce analysis of the TIME axis into our trading plan, we must choose an appropriate means of evaluation. Here, we introduce financial astrology and the cosmic clock. Some general comments about astro-trading .... Approaching the subject as a skeptic is healthy, since the subsequent proof of many accurate calls make an even more lasting impression on any doubtful student of time cycles. Up front, we should point out: " Planets DO NOT CAUSE anything to happen !~! " (as far as the newbie astrotrader is concerned) However, the cosmic clock is the oldest and most accurate timing device known to mankind, doesn't it make sense to harness it as a tool for trading purposes? Using the cosmic clock for market timing has a number of advantages, like: 1. NOBODY can change or interfere with this timing mechanism, except God hisself. 2. By logging market reactions over long periods, a bias for future market action may be evident for individual cycles. 3. Both STATIC and DYNAMIC time cycles can be employed to analyze the TIME axis on our price charts. This means we now have significantly more information from the same charts, with no further overheads. 4. Such information can be used in projecting TIME and PRICE forward, complementing our trading plan. 5. Better analysis of the TIME axis, also helps to confirm our regular TA and helps us to make more informed decisions about our trade entries and exits. As we move forward, many more traders will see the value in using TIME cycles, as another trading tool. Unfortunately, in the past, there has been very little PRACTICAL information from astrologers to enable traders to EASILY get a grip on TIME cycles, let alone include them in a trading plan. That situation is changing rapidly and the void between astrologers and traders is being gradually filled, with some EASY and PRACTICAL methods being offered to traders, in an effort to improve their market timing. That gap between astrologers and traders had developed over centuries, with astrologers providing information from their interpretive perspective. This approach gave traders much detail about HOW and WHY an event would occur, but what the traders really needed was more details about WHEN and event would occur. Last June, we had a group of traders and astrologers meet in Perth and the old approach of market evaluation was quite evident .... it was as if both groups were speaking in different languages ... very enlightening. Old masters, like Gann and the Rothschilds, knew the value of using astro time cycles in their trading analysis, but much of its worth was recorded in veiled language or coded messages, largely to avoid ridicule from within the trading community. Today, traders are much more receptive to the idea of using natural time cycles to assist with better annalysis and timing of our trade entries and exits. Pioneers, like Mandfred Zimmel, will help to improve these trading strategies and enable traders to include them within their trading plan, with confidence. It is naive to think that no progress has been made in this field of astro cycles since Gann's day. In fact, one of Gann's coded texts is soon to be unravelled, to reveal some interesting PRACTICAL help for budding astrotraders. ........ albeit, 75 years after its first publication. hope this helps some yogi http://easy-trading-tools.00cd.com Quote Link to comment Share on other sites More sharing options...
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