Accounting and Auditing Studies

Accounting and Auditing Studies

The Role of Financial Astrology in International Financial Markets

Document Type : Original Article

Authors
Fatemeh Sarraf 1
Reza Mansourian 2
Yousef Moshtaghi 3
1 Associate Prof., Department Of Accounting and Economics, South Tehran Branch, Islamic Azad University, Tehran, Iran
2 Assistant Prof., Department Of Accounting and Economics, South Tehran Branch, Islamic Azad University, Tehran, Iran
3 Ph.D. Candidate in Financial engineering, Department Of Accounting and Economics, South Tehran Branch, Islamic Azad University, Tehran, Iran
10.22034/iaas.2023.190962
Abstract
Planetary movements affect plants, animals and humans in an intelligent way. Financial astrology begins with the observation of market behavior when two planets interact, an ancient science that describes the influence of planets on natural events and human behavior. This ancient science is rooted in thousands of years of observation and experience in many civilizations. Financial markets, as a small subset of the human social environment, are influenced by these astronomical activities. This research has been conducted with historical knowledge and research of scientific literature and research history with the aim of increasing knowledge in the field of financial astrology and familiarizing with its applications in stock markets as a theoretical and promotional research. By examining the sources, the rules of using astrology in the stock market, how to use the events of the moon and the effects of the planets on the financial markets were extracted. The results of this research indicate the suitability of financial astrology for temporal analysis of financial markets.
Keywords
Time Analysis
Financial Astrology
Planetary Movement
Solar System
  1. پورانی، محمد. پورانی، محمدرضا. (1400). تحلیل و معامله گری در بازار به روش بیل ویلیامز، تهران، انتشارات آراد کتاب.
  2. جعفری، علی. منصوری خواه، مصطفی. پورآقاجان، عباسعلی. (1402). "پیشبینی بازده سهام با تاکید بر نقش معیارهای مالی و نظارتی با استفاده از روشهای یادگیری ماشین". مطالعات حسابداری و حسابرسی. انجمن  حسابداری ایران، 12(45): 125-146
  3. رودپشتی، فریدون. قاسمیان، محسن. فراهانی، آزاده. (1400). معامله گری و چرخه های نجومی، تهران، صانعی.
  4. قهرمانی، علی. (1401). نظریه گن در چرخه های بازار. تهران، دانش پژوهان.
  5. محمدی، محمد. عظیمی، مجید. فرهادی، مریم. فولادی، مسعود. (1402). "اثر تعدیل کنندۀ احساس سرمایهگذار بر رابطۀ میان میانگین واریانس بازده سهام". مطالعات حسابداری و حسابرسی. انجمن حسابداری ایران، 12(46): 89-114
  6. Admiranto, A.G. (2009). Menjelajahi Tata Surya. Kanisius, Yogyakarta.
  7. Bayer, G. (1937). A Complete Course in Astrology Erection and Interpretation of Horoscopes, for Natives as well as for Stocks. NY.
  8. Bradley, D. (1984). Stock Market Prediction. Minnesota: Llewellyn Publications.
  9. Bucholtz, B. (2013). The Bull, the Bear and the Planets. Trading the Financial Markets Using Astrology. Bloomington. Iuniverse.
  10. Dewey, E. (1971). Cycles: The mysterious Forces that Trigger Events. NY. Hawthorn Books Inc.
  11. Goeyardi, G. Hady, H. (2021). “Financial analysis method based on astrology, Fibonacci, and Astronacci to find a date of direction inversion: JCI and future gold prices (empirical study of the JCI-IDX and gold prices, period of (2008–2017)”. Economics and Business Research, 22(2/3):290-310
  12. McWhirter, L. (1988). Astrology and Stock Market Forecasting. NY. ASI Publishers, Inc
  13. Meridian, B. (2002). Planetary Stock Trading. NY. Cycles Research
  14. Merriman, R. (2001). Stock Market Timing. USA. Seck-IT Publications.
  15. Merriman, R. (2015). Solar Lunar Keys to Gold Prices: Market Timing Secrets of a Gold Trader. USA. Seek It Publications.
  16. Pesavento, L. (1996) Planetary Harmonics of Speculative Markets. USA. Traders Press, Inc
  17. Pesavento, L. Smoleny, S. (2015). A Trader’s Guide to Financial Astrology Forecasting: Market Cycles Using Planetary and Lunar Movements. New Jersey. John Wiley & Sons.
  18. Pinkal, S. Jaydip, G. (2013). “Moon and Market: An Empirical Study on Effect of movement of Moon on BSE Sensex”. International Journal of Accounting and Financial Management Research. 3(1)
  19. Skinner, CH (2014). The Financial Universe, Planning Your Investments Using Astrological Forecasting. Eastbourne. The Alpha press.
  20. Weingarten, H. (1994) Investing by Stars. Hill. McGraw
  21. Williams, D. (1988) Financial Astrology. Arizona. American Federation of Astrologers.
  22. Woolfolk, J. M. (2008) The Only Astrolgy Book You’ll Ever Need. Maryland. Taylor Trade Publishing.
Accounting and Auditing Studies
Volume 12, Issue 48
Winter 2024
Pages 101-114