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Larry Pesavento: Another well-known name in trading, Larry Pesavento, is probably better known for Pesavento patterns and makes use of market geometry and Fibonacci. To this day, Gann’s methods evoke a certain sense of mystery.ĭonald Bradley: Although not as famous as Gann, Bradley is synonymous with astrology and has published several books such as “ Stock Market Prediction: The Historical & Future Siderograph charts & software“, where he outlines his approach in foreseeing changes in the markets by assigning numerical values to the position of the planets and the stars on a given day. W.D Gann: The famous Gann was an expert market forecaster and primarily focused on geometry, astrology, and ancient math. There are quite a few well-known personalities in the financial markets who have dabbled in the astrological side of trading, and you might be surprised at some names. Astrology based trading – Famous personalities Just as with technical analysis, astrology based trading looks at past price history during the cycles and assists traders in timing their entry or exit although it might seem a bit esoteric for some. For the most part, traders who rely on the fundamentals and the technical aspects of trading, making room for astrology can be quite difficult.Īstrology in trading is based on the premise that the financial markets are affected by the planetary movements and lunar cycles.
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Astrology is often used in day to day lives, with farmers in some parts of the world looking to the skies to time their plantations or even when it comes to starting a new business venture and of course, the zodiac signs on a more personal level.Īstrology has found its way to the financial markets as well, although the ideas based on astrology are either shot down quite quickly or simply too complex to understand. Astrology is an ancient art of studying the influence of planets and the stars which has been practiced by cultures across the globe. Astrology is defined as the study of the movements of celestial bodies and their positions which is interpreted as having an influence on the natural world.