The planet Mercury when observed from
Earth has a very volatile speed of movement along the Ecliptic:
sometimes it moves at the same speed of the Sun (apparent speed as
observed from Earth), sometimes it moves twice as fast as the Sun and
other times it appears retrograde (moving backward) and when its motion
switches from retrograde to direct or direct to retrograde it appears
stationary for almost one day.
As
weird as it may seems nowadays, the changes of speed of the planet
Mercury have a dramatic impact on human affairs including stocks and
commodities market. What sounds weird today once was a key timing
indicators for the ancient astronomers/astrologers.
The
first one to observe the importance of observing the speed of Mercury
to catch top and bottoms in the market was George Bayer in 1940, he used
such planetary tools for timing turn dates in the grain market.
I
use the speed of Mercury to forecast potential turning dates in the FX
market, below I attach a chart with an example of timing a reversal of
the EUR/USD rate with Mercury: as George Bayer discovered, when the
apparent speed of Mercury equals that of the Sun you can expect a turn
in a market affected by Mercury, as you can see below when Mercury
reached the speed of the Sun (slightly below one degree of longitude per
day) the Euro bottomed and "magically" turned around.
You can test this technique with Wave 59
