On July 19, the largest IT outage in history occurred, causing the stock prices of Microsoft and CrowdStrike to nosedive.
But was this event a disaster or a golden ticket for traders?
You may have already done some stock analysis.
And many traders dive into W.D. Gann’s methods only to end up more confused.
Deciphering which planets to focus on, predicting trends, and aligning charts can be overwhelming.
However, Astro trading, when done right, can add another layer of precision to your trades.
In this post, you'll learn how to draw Astro Trendline step by step:
- How to identify significant planetary alignments.
- Methods to plot price action for clear trends.
- Connect the Dots.
- Drawing accurate astro-trendlines.
- Mastering timing and precision with astro-trendlines.
Stay tuned as we break down each step, making the complex world of Astro Trading simple and actionable.
Step 1: Identify significant planetary alignments
Ever felt like you’re always just a step behind the curve? Knowing when the market is about to turn is crucial. To master this, start by identifying those key planetary alignments.
Pay attention to hard aspects
Here's a game-changer: hard aspects of major planets often coincide with important turning points in financial markets.
Tips:
- Keep a calendar of major planetary movements.
- Don’t waste money on expensive Astro software; use your ephemeris.
- Monitor major planets like Jupiter, Saturn, Mars, and Venus.
Step 2: Plot price action for clear trends
Now that you know when these alignments happen, the next step is to see how price action behaves.
Find significant highs and lows
These highs and lows define the trend you’re looking at. They are your first clues.
Example:
Think of the times CrowdStrike's stock dropped suddenly. If you look back at the periods when highs were formed, you might notice a pattern related to planetary alignments.
Step 3: Connect the Dots
The cool part about this method is seeing how planetary alignments match with market extremes. These are your astro "anchor points."
Feeling more confident? You should. Astro trading might seem complex, but it breaks down into easy steps.
By knowing planetary alignments, plotting price action, and aligning them, you create a clear picture of market behavior.
Next up: We'll explore how to draw these astro-trendlines and nail down timing for better market entry.
Step 4: Draw the astro-trendline
Start with a baseline: Draw a line from one planetary anchor point to the next. This represents your Astro-trendline.
Check for Consistency: Make sure this line connects key highs and lows. That’s your Astro-trendline at work.
CrowdStrike was listed in 2019. The best part is that you don’t need a long data history for back-testing. You can do this in less than 30 minutes.
That’s your astro-trendline at work.
Step 5: Mastering timing and precision with astro-trendlines
Timing can make or break your trades. Here’s how to get it right with astro-trendlines.
Mathematical trading methods can add another layer of precision to your astro-trendline analysis.
This gives you a clearer perspective on discerning the trend, allows for more precise market entries, and improves accuracy.
Example:
When CrowdStrike experienced a major dip and broke the Astro-trendline,
WD Gann’s mathematics gives you more accurate points to exit or short-sell the stock 2 days before the crash on July 19th.
Recap
- Start by identifying significant planetary alignments.
- Plot the price action and align these celestial events.
- Draw and validate your astro-trendline.
- Combine this with Gann mathematics for precise entry and exit points.
Final thought:
Astro trading takes practice, but the returns can be worthwhile.
It adds a unique layer of insight that you won’t get from any conventional technical indicators.
Khit Wong and all members of Gann Explained LLC are NOT financial advisors, and nothing they say is meant to be a recommendation to buy or sell any financial instrument. All information is strictly educational and/or opinion. By reading this, you agree to all of the following: You understand this to be an expression of opinions and not professional advice. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and education and does not constitute advice. The brand name of Gann Explained LLC will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. You are solely responsible for the use of any content and hold Khit Wong, Gann Explained LLC all members harmless in any event or claim. FTC DISCLOSURE: Any income claims shared by myself, students, friends, or clients are understood to be true and accurate but are not verified in any way. Always do your own due diligence and use your own judgment when making buying decisions and investments in your business.
Editors’ Picks
EUR/USD holds on to intraday gains after upbeat US data
EUR/USD remains in positive ground on Friday, as profit-taking hit the US Dollar ahead of the weekend. Still, Powell's hawkish shift and upbeat United States data keeps the Greenback on the bullish path.
GBP/USD pressured near weekly lows
GBP/USD failed to retain UK data-inspired gains and trades near its weekly low of 1.2629 heading into the weekend. The US Dollar resumes its advance after correcting extreme overbought conditions against major rivals.
Gold stabilizes after bouncing off 100-day moving average
Gold trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day. A stronger US Dollar continues to put pressure on Gold since it is mainly priced and traded in the US currency.
Bitcoin to 100k or pullback to 78k?
Bitcoin and Ethereum showed a modest recovery on Friday following Thursday's downturn, yet momentum indicators suggest continuing the decline as signs of bull exhaustion emerge. Ripple is approaching a key resistance level, with a potential rejection likely leading to a decline ahead.
Week ahead: Preliminary November PMIs to catch the market’s attention
With the dust from the US elections slowly settling down, the week is about to reach its end and we have a look at what next week’s calendar has in store for the markets. On the monetary front, a number of policymakers from various central banks are scheduled to speak.
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