Simple strategy for Beginners

Trend Trading using Moving Averages (MA)

The 50-day moving average (MA) and 200-day moving average (MA) indicator is a significant technical indicator for position traders.
The reason for this is due to the fact these moving averages illustrate significant long-term trends.
When the 50-day MA intersects with 200-day MA, this signals the potential of a new long-term trend.
When the 50-day MA crosses below the 200-day MA, it is known as the “Death Cross“.
When the 50-day MA crosses above the 200-day MA, it is known as the “Golden Cross“.
These longer-term MAs are popular chart indicators for position traders.
This I read from Babypips and FreshForex website!