Lunar Lunacy?

5 ม.ค. 2017

Here is a UJ Daily chart. I have basically placed a vertical line 2 days prior to each lunar 1st and 3rd quarters to see if there is any price movement correlations that could be traded or at least provide some small clues as to future price movement. As you can see I have marked with an arrow the ones where price was touching the top or bottom Bollinger Bands on the day marked or the day prior. These seem to show a significant price movement from those points. But how would you know whether it was a direction change or a continuation? You could wait for a breakout to a certain price point after the candle forms and then trade in that direction. As you can see the other ones I did not mark with arrows also provided some good trades. However, those were not touching the BB at the time. Anyway I thought this was interesting and wanted to share it.

18 ม.ค. 2017

บันทึก

As you can see a potential swing bottom has formed near quarter moon phase. Price is at bottom bollinger band. The 2 days prior to phase is marked on chart for 17th. If we get a green candle today, then we would set a long entry a few pips above green daily candle with stop loss a few pips below the red candle of the 17th. Take profit at least 2:1 reward risk ratio but make take profit your own.