Saturday, February 4, 2012

The Death Cross: What is it and how to use it!

At first glance this sounds like a very complicated trading idea but actually it is not. However it can be a powerful signal if used properly.

The Death Cross is when a short term moving average breaks below a long term moving average. Example 15ema crosses below a 50ema on a 1hr chart.

Conversly the Golden Cross is when a short term average breaks above a long term moving average. Example 15ema crosses above a 50ema on a 1hr chart.



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By Neal Vanderstelt
Forex Trader, Market Analyst, Trading System Designer
Please rate, recommend, and comment below:

8 comments:

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