Mikula Forecasting Company

Mikula Forecasting Company: Strategy #11: Moon Phase and Super-Pitchfork

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Written by: Patrick Mikula CTA
Copyright (c)2003-06 by Patrick Mikula All Rights Reserved. (Please to not copy or foreword this article).

Mikula Forecasting Company
P.O. Box 152672
Austin, TX 78715-2672
USA
www.MikulaForecasting.com
support@MikulaForecasting.com
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I like to use methods which include an astrological approach because they do not become over followed by other traders. Here is an excellent method which includes the MarketWarrior Super-Pitchfork and the moon phase. This first chart below shows a daily chart for Coca-Cola symbol KO. The four cardinal points of the moon phase have been identified by dots. These are the new moon (yellow), first quarter moon (Fuchsia), full moon (blue) and third quarter moon (red). The Super-Pitchfork has been drawn using pivots A, B and C. After point C, the market moved up to point D where the market made a top. At point D several items come together at the same time. The market has moved up and touched the Median Line where the Median Line is intersecting a Reaction Line. This in and of itself is important but also notice that this occurs on the day of a new moon. So we have the price returning to the Median Line at the intersection of two lines in the Super-Pitchfork on the day of a new moon. This is a nice setup for a pivot and the market then falls. You might be wondering how points A, B and C were selected to draw the Super-Pitchfork. The answer is simply that points A, B and C were the most current pivots available before point D formed.



The next chart below shows the daily July 2004 Wheat futures. The chart below shows the Super-Pitchfork drawn from points A, B and C. The four cardinal points of the moon phase have been identified by dots. These are the new moon (yellow), first quarter moon (blue), full moon (red) and third quarter moon (Fuchsia). On this chart notice the price at point D has moved up and touched an intersection of two lines in the Super-Pitchfork on the day of a new moon. This is the intersection of a Reaction Line and a Warning Line. When the price reached a line intersection on the Super-Pitchfork it is important by itself but when one of the moon phase points is also there it has added important. The moon phase has always been recognized as a trigger for cycle turns but there are a lot of moon phase points. This method allows us to determine which moon phase points will be the trigger.



The next chart below shows a continuation of the daily July 2004 Wheat futures seen above. The Super-Pitchfork has been drawn from three new pivots labeled A, B and C. Notice again that the price moved up to point D where a top pivot formed. At point D the price reached the intersection of a Reaction Line and a Warning Line at the time of a new moon. This line intersection moon phase combination makes for a very good setup to watch for a pivot.



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To see another example of this method read the version of this article on the MarketWarrior owners page.