What is a Lunar Cycle?
A lunar cycle is defined as the period from full moon to full moon, which is also known as the synodic cycle. This cycle lasts about 29 days and is split into four phases, each phase lasts about 1 week. *Yes, if you use the moon phase indicator trade full moon to full moon.
The non-stop movement of the moon, known better as the lunar cycles, causes constant fluctuations of energy in the realm we live in. The moon controls many aspects of our life, energy is everything.
The effect of the moon on tides well known and given that humans are mostly made of water, the moon is thought to exert a similar effect on our species, affecting everything from sleep to mood and also our trading habits.
I suggest you do your own research on how the moon effects the human species and the market which is simply a representation of human emotion. You will start to see patterns, major reversals occur during these cycles of energy manipulation.
On 2 hour EURUSD example chart, from full moon which happened from late February to full moon in late March, this sell trade could have profited 200 pips with a 50 pips stop loss. 1:4 Risk Reward setup. You would need to adjust your risk management and plan to take into account of larger stop loss and holding trades for approximately 30 days. Do you have the patience? If you use this moon phase indicator on naked charts, use on hourly to daily charts- you will see that a lot of these full moon areas are swing points or turning points on charts. Good luck.
If you use the moon phase indicator as a trend momentum system, you will see positive results. Please back test as with any indicators or strategies.
A lunar cycle is defined as the period from full moon to full moon, which is also known as the synodic cycle. This cycle lasts about 29 days and is split into four phases, each phase lasts about 1 week. *Yes, if you use the moon phase indicator trade full moon to full moon.
The non-stop movement of the moon, known better as the lunar cycles, causes constant fluctuations of energy in the realm we live in. The moon controls many aspects of our life, energy is everything.
The effect of the moon on tides well known and given that humans are mostly made of water, the moon is thought to exert a similar effect on our species, affecting everything from sleep to mood and also our trading habits.
I suggest you do your own research on how the moon effects the human species and the market which is simply a representation of human emotion. You will start to see patterns, major reversals occur during these cycles of energy manipulation.
On 2 hour EURUSD example chart, from full moon which happened from late February to full moon in late March, this sell trade could have profited 200 pips with a 50 pips stop loss. 1:4 Risk Reward setup. You would need to adjust your risk management and plan to take into account of larger stop loss and holding trades for approximately 30 days. Do you have the patience? If you use this moon phase indicator on naked charts, use on hourly to daily charts- you will see that a lot of these full moon areas are swing points or turning points on charts. Good luck.
If you use the moon phase indicator as a trend momentum system, you will see positive results. Please back test as with any indicators or strategies.