Moving averages - crosses strategy

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Moving averages - crosses strategy

Post by Evgenia Gencheva on Tue Oct 25, 2016 10:16 am

Moving averages - crosses strategy

As all we know, in using of 2 moving averages, when faster moving average (smaller period) is over the slower moving average (bigger period), the market is considered as bullish and opposite - when faster moving average is under the slower the market is considered as bearish.

In this case we have good opportunity to enter and get out of positions on the crosses.

I will show example with simple moving averages 8 and 21 periods.

https://i97.servimg.com/u/f97/19/53/74/92/forex160.png



Moving averages are good and easy for using indicator for the direction of the market. Crosses show exact entry and out points, that's why they are so widely used by almost every trader.
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Evgenia Gencheva
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