The Mysterious Camarilla Equation: Trader’s Holy Grail Decoded is a glimpse behind the curtain of this supposedly widely popular and extremely effective trading system that paradoxically remains mostly unexplored. It gives the reader a working knowledge of the Camarilla Equation as well as the tools to analyze it further. The Mysterious Camarilla Equation: Trader’s Holy Grail Decoded starts with a birds-eye view of the curious origins of the camarilla and then proceeds to review its formulas and trading guidelines. A testing procedure is laid out to assess the trading performance of the Camarilla Equation: international stock market indices, large cap US stocks, Forex pairs and gold and silver prices are analyzed using that methodology. The overall results are discussed and detailed performance information per asset disclosed. A trading blueprint is also supplied.
The first mysterious element of the Camarilla Equation is its name. Somehow camarilla is a word that immediately conveys the feeling that we are facing something obscure and enigmatic. It is a Spanish word, defined in the Diccionario de la Real Academia Española, the reference dictionary for the Spanish language, as “A group of persons who surreptitiously influence state or other higher authority decisions.” Wikipedia and Merriam Webster concur, highlighting that this lobbying is carried by “unofficial advisors” in a “behind-the-scenes process”. The term appears to have been used for the first time during Ferdinand VII´s second reign in Spain, from 1813 to 1833. His autocratic regimen was directed by a camarilla of his favorites. The word favorite referred to persons of both sexes who had various degrees of intimacy and influence with a monarch or his spouse.
The Camarilla Equation is based on technical analysis which aims to forecast future prices by assessing the balance of power between the forces of supply and demand. Technical analysis has as its basic tenets, that:
- The market discounts everything;
- The price moves in trends;
- History repeats itself.
It is worth briefly reviewing the technical analysis tools that appear to more closely relate to the Camarilla Equation formulation and its trade positioning. The main concepts that allow for the testing of a trading strategy are concisely described in this section.
- A brief review
- The Camarilla Equation
- Trading the Camarilla
- The monthly Camarilla
- Technical Notes
The Mysterious Camarilla Equation: Trader's Holy Grail Decoded By Jose Manuel Moreira Batista pdf