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Posts by "bebealgo"
2 Posts by member
BebeAlgo
(Florida, United States)
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
I think the sentence " When a moving average breaks below a shorter period moving average= death cross. But what i think you meant to say was the shorter moving average breaks below the longer period MA instead of shorter period MA below.
2. Death Cross on the Weekly Moving Average. The 55-WEEK MA (blue line) breaks below the 100-WEEK MA for the first time since December 2007. When a moving average falls below a shorter period moving average, it is referred to as a "death cross". A notable death cross occurs when the 55-MA (daily or weekly or month) falls below the 100-MA or the 200-MA. These patterns usually foretell sharp moves in key instruments such as EURGBP.
You are the only intelligent trader I've seen whose insights and record I trust and would have to rely on to trade this FOREX horror show. I am really thankful and even though I can trade I would never venture into FOREX alone without following your views. I just know my limits.
Merci Bro