$EDGE The daily chart is above MA50 (0.3971).
I used to confuse trading above a moving average with a golden cross, but eventually I understood: they’re often conflated, but they’re not the same thing. Trading above a moving average refers to the position of the price relative to the moving average, while a golden cross refers to the relative positions of a short-term and a long-term moving average—for example, MA50 crossing above MA200.
Rare data points usually mean more extreme volatility. At times like these, it’s better to reduce leverage rather than make a big bet.
I used to confuse trading above a moving average with a golden cross, but eventually I understood: they’re often conflated, but they’re not the same thing. Trading above a moving average refers to the position of the price relative to the moving average, while a golden cross refers to the relative positions of a short-term and a long-term moving average—for example, MA50 crossing above MA200.
Rare data points usually mean more extreme volatility. At times like these, it’s better to reduce leverage rather than make a big bet.
