Tag Archives: Mercury book

Trading Expert Talks About Mercury in the Markets

Larry Pesavento is a trader’s trader.

He’s had many years of valuable personal experience in the markets, both as a floor trader in Chicago, as an independent trader, and as an expert market analyst who has perfected techniques for pattern recognition in the markets that go far beyond the limited insights of conventional technical analysis.

On top of that, he’s devoted many years to working one-on-one with individual traders who want to get an extra edge, providing coaching and tutoring services in person and on his website at  http://www.tradingtutor.com.

His integrity, generosity, and professional competence make him one of those all-too-rare individuals who really make a positive difference in the lives of others.

To be successful in the markets, Larry says, you have to “trade what you see, not what what you believe.”

That statement is simple enough, but it contains a world of wisdom, since it precisely nails the bias that can cause us the biggest problems in our trading, and that can make the difference between massive market losses and a successful trading career.

And even though Larry Pesavento insists that he’s “not a card-carrying astrologer,” he’s also done a lot of personal investigation of astrological factors in the markets, and has successfully developed unique astro-trading techniques that have proven to be profitable time and time again.

That’s why it was particularly gratifying when Larry had such positive things to say recently about my new book, Mercury, Money and the Markets.

Noting that the new book “presents what I think are some of the most useful astrological cycles for trading,” Larry concludes that “Mercury, Money and the Markets is a welcomed addition for any trader interested in looking into astrology, as well as for experienced astro-traders who want to continue their study to get even better results in the markets.”

He also focuses on some of the specific Mercury trading cycles discussed in the book, commenting that “Personally I found these to be amazing in the their accuracy. And Tim gives you the exact days of these trading events 40 years into the future, which in my opinion pays for the book several times over!”

To read Larry Pesavento’s complete review of the book, CLICK HERE

Mercury, Money and the Markets is available now at Amazon.com, and can be special-ordered through your local bookseller. You can also get a copy direct from the publisher at HarmonicResearchAssociates.com; for a limited time, they’re offering a 20% discount on this title if you purchase directly from their website..

 

Follow-Up on the Facebook IPO: The Sun & Admetos Tell the Tale

My online and broadcast schedules have gotten short shrift for the past few weeks, mainly due to an intense travel schedule combined with the need to put in some extra hours on the final revisions for my upcoming book on Mercury and the Markets.

My travels took me to New Orleans for a week, where I was presenting some advanced astro-trading techniques at a global gathering of astrologers and traders. While I was there, I had a wonderful chat with one of our active Gold-Plus Elite members at FinancialCyclesWeekly.com. He works for one of the major Wall Street wire houses, where he advises international clients on positioning their portfolios for maximum profits in these turbulent times.

“I really appreciated the warning you put out about avoiding the Facebook IPO,” he told me. “My clients had been calling me up, wanting to know if there was any way that I could get them some shares of Facebook. I told them I thought they should stay away from it.

“But a couple of my clients absolutely insisted on buying Facebook. Fortunately, though, I was able to sell out their positions during the first hour of trading on the IPO day, so they managed to get a little profit before out before the stock crashed.”

When I looked at Facebook (FB) before the IPO it was clear that bad timing– putting the shares up for sale just before the May solar eclipse– would have an adverse effect on the stock’s potential. But I also mentioned a Sun/Admetos conjunction as one of my other concerns, and that’s what turned how to have a longer-lasting impact.

As is so often the case, the astrology proves to be exactly right. In fact, that interaction of the Sun and the transneptunian Admetos is what continues to drive the price action for this stock.

As this trading chart illustrates, Facebook opened its first day of trading almost exactly at a price point corresponding with the Sun/Admetos conjunction, and after a brief upward surge, started heading south from there.

During the next two trading sessions the stock moved lower, in each case starting its trading below a lower eighth-harmonic Admetos price line. More recently, FB has found some support on a fourth-harmonic Sun line, but an eighth-harmonic Admetos line is still defining a resistance zone.

What will happen during the coming weeks remains to be seen, of course, but this Sun/Admetos interaction points to a potentially critical date for this stock: July 3, when the Sun and Admetos will align in a 45-degree semi-square.

July 3 will be a shortened trading day because of the U.S. Independence Day holiday on July 4, when the markets will be closed altogether. Although this suggests that we will see reduced trading volume on July 3, it also points to an important trading period for Facebook.

Although the buyers who are still hanging on after the disastrous IPO would certainly love to see a trend reversal to the upside then, it seems just as likely that FB may be subjected to even stronger selling pressure.