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Short-term Moving Average Crossovers
Location: BlogsForex Beginners Guide    
Posted by: francesco 5/8/2007 3:09 PM
This is one of the most dangerous trade scenarios for non professional traders. 
When the short-term moving average crosses the longer-term moving average it only means that the average price in the short run is equal to the average price in the longer run. This is neither a bullish nor bearish indication, so don’t fall into the trap of believing it is one.
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