A technical analysis term referring to a cross by a short-term moving average from above to below a long-term moving average.
When the short-term Moving Average ie. 20-period MA moves down and crosses under a long-term one ie. 50-period MA, it is known as a death cross. Some chartists interpret this as a potential start of a decline (a bearish signal), hence the name “Death Cross”.
Vice versa, a crossover by the short MA from below to above the long MA is known as the “Golden Cross“
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Then would be interesting ||@infovestment: soon it wil be a few scalpers and the HFTs and pension funds, and not a singel retail investor...
RT @dmorrison_gft: @cityamforum See my article in CityAM http://t.co/hxgSvMOK Thoughts? Meet me at GFT Masterclass 22nd May London...
RT @JamieSaettele: respect thy levels - $EURUSD 12815 $AUDUSD10020 -off to golf > Golf? what you think this is..a holiday camp? :) deserved
respect thy levels - $EURUSD 12815 $AUDUSD 9990-10020 $NZDUSD 7750 - leave you with that for now-off to golf For the last few days I have mentioned a precondition for buying Cable.. I will stress this in Nasty Trade update in 60 minutes #gbp For the last few days I have mentioned a precondition for buying Cable.. I will stress this is Nasty Trade update in 60 minutes #gbp If all around you are losing their heads and you're not.. you've either got perspective or missing something...just double check! #trading
*DJ Bullard: US Can Do Well Even With Recession In Europe #ZIRP4life > manipulated asset prices, artificial growth Having held 1526 $GLD shd now recover above 1600 but fade below 1609 in a retrace to 1555-60 where I will look to buy with 1522 stops #gold Doesnt take a rocket scientist to see huge 1522-1922 flat bottomed triangle on $GLD.. technically shd break lower.. but not this time #gold The trouble with the 'turtle approach' (make no progress as we wait for elections to settle): http://t.co/RabqmY0b Keep a mindful eye on $EURGBP. As troubled as the euro is, the sterling's percieved detachment from 'EU issues' is vanashing. Things so crazy even the scalper is taking a longer term position. @MBForex $GBPJPY http://t.co/qd0kwca3 Oh man. This chart was just glorious. I'm glad I stuck with it. i need a tradeable low to get long...dont have one yet-if it fell to 7830 then i'd punt long with a 7600 stop-no reason to do it here though lots of chatter on $USDJPY right now-i've come to respect time pivots as much as price levels regarding initiation of new trades and $AUDNZD working on a daily reversal - already short $AUDUSD - considering a synthetic with the $NZDUSD leg Good luck paying your bills then...|| “@CVecchioFX: Greek PASOK leader Venizelos says June election may be followed by another vote.” at this point, this is the largest 1 day $USDJPY decline since december 3 2010 (in %) $USDOLLAR http://t.co/UoYNgroJ Usually such good bedfellows, there is a serious divergence between the $S&P 500 and $Dollar today.
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