Tuesday, August 09, 2005

Stock and Forex Market Astrology for 9 August 2005

There were more hard aspects just before EU markets opened and the Euro fell from the Asian high of 1.2418. Not many aspects but still more softs in AM EU buoyed Dax, and Euro around 1.2370 level. PM EU/AM US period had soft then harder aspects, that rose the US dollar to 1.2332, but notice how the stock markets were ambivalent to all the aspects. Guess what? Fed announcement day, and the traders switch off. Why doesn't the Fed make its announcements on public holidays? Anyway the harder aspects did drop the US dollar just before Noon US. PM US (16-20 GMT) had more hard aspects and the markets fell. Or was it because of the Fed raised the rates. We will see when we get soft aspects in some period in the future, and then the market goes up. And then what are they going to say? Suddenly it all looks a bit silly doesn't it? There should be no announcements in market hours that will effect trading. It happens every time, and it does no good.

GMT

00-01 g
01-02 shs
02-03 hs
03-04 ss
04-05 hh
05-06 hshhs
06-07 h
07-08 hhhs
08-09 sssh
09-10 h
10-11 s
11-12 g
12-13 ss
13-14 hs
14-15 shh
15-16 hh
16-17 h
17-18 h
18-19 hs
19-20 hhs
20-21 h
21-22 shs
22-23 g
23-24 sss