Trend Trading using Moving Averages (MA)
The 50-day moving average (MA) and 200-day moving average (MA) indicator is a significant technical indicator for position traders.
The reason for this is due to the fact these moving averages illustrate significant long-term trends.
When the 50-day MA intersects with 200-day MA, this signals the potential of a new long-term trend.
When the 50-day MA crosses below the 200-day MA, it is known as the “Death Cross“.
When the 50-day MA crosses above the 200-day MA, it is known as the “Golden Cross“.
These longer-term MAs are popular chart indicators for position traders.
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Thread: Simple strategy for Beginners
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31-07-2020, 02:05 PM #1
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