Rating: - Astrological Trading Ideas
Those without detailed astrological knowledge are sure to have trouble with such concepts as "Mercury changing speed", "Mercury speed in geo longitude of 59'", "Venus Helio Latitude at 0 degrees", "Mars and Venus in perihelion", "Mercury/Mars speed differential of 59'" and "Jupiter declination" which the author does not explain to the uninitiated. He also discusses several other tenets already extensively covered in other texts, namely, that in commodity markets the opening price is usually the high or low of the day about 80% of the time, and that a 3 wave Fibonacci .618 retracement is a reliable trading method. I see that Pesavento has another title devoted solely to the opening price so don't buy this one for that purpose. For astrological indicators, I think his book Astro Cycles, The Traders' Viewpoint is much better especially since it does a decent explanation of the nature and meaning of astrological aspects, suitable for the uninformed.