Euro / U.S. DollarShort
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 !!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.