Moving averages " Strength of a Trend
This is an important point, so let me reiterate—What helps indicate the
strength of a trend when you use two or more sets of values for your moving
averages are:
• The slopes of the moving averages are both pointing in the direction of
the trend.
• The moving averages have a good degree of separation or are equidistant
from each other, which indicates a steady trending condition.
• The moving averages are trending in tangent or are parallel with each
other, rather than one significantly outpacing the other.
• If the shorter-term moving average separates or moves too far away
from the longer-term moving average, then there is a potential for an
overbought condition. Traders should start looking to liquidate half of
their positions.
• When a crossover occurs, traders should liquidate the entire position
BTW i am short on the EURUSD. This might be the last rally to enter short for the 14 !!
strength of a trend when you use two or more sets of values for your moving
averages are:
• The slopes of the moving averages are both pointing in the direction of
the trend.
• The moving averages have a good degree of separation or are equidistant
from each other, which indicates a steady trending condition.
• The moving averages are trending in tangent or are parallel with each
other, rather than one significantly outpacing the other.
• If the shorter-term moving average separates or moves too far away
from the longer-term moving average, then there is a potential for an
overbought condition. Traders should start looking to liquidate half of
their positions.
• When a crossover occurs, traders should liquidate the entire position
BTW i am short on the EURUSD. This might be the last rally to enter short for the 14 !!
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