Sunday, January 31, 2010

Full Moon

Note: Holidays and weekends are not considered trading days in most markets. So, when a phase date occurs on Saturday, we use Friday's date. When a phase date occurs on Sunday, we use Monday's date (except when trading Forex because Sunday is an actual trading day in the Forex market). Also, because Forex is a 24-hour market, make sure you know what time the day session officially starts in your time zone to interpret the phase dates properly.

January 30th was Full moon. Now this by no means is exact but it sure is lining up with some oversold indications. So if trading by moon would have gone long on the Friday close.

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