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Understanding the Golden Cross - A Simple But Powerful Strategy

Webinar Recorded on Mar 8, 2023  | 1 hour Download Slides (PDF)

Webinar Description

The Golden Cross Strategy is a popular technical analysis trading method that uses the crossover of the 50-day and 200-day moving averages. When the 50-day crosses above the 200-day moving average, it creates a Golden Cross signal. Many traders consider this crossover a bullish sign, as it indicates the short-term moving average is trending higher and has broken above the longer-term moving average, which may signal the beginning of a long-term uptrend.

The Golden Cross is often used by "buy and hold" traders looking for long-term investment opportunities. These traders first use the Golden Cross signal to confirm a bullish market trend. Then, after the Golden Cross signal is generated, traders will purchase stocks (or other assets) and hold them for an extended period while hoping to capitalize on long-term market trends.

Like any trading strategy, the Golden Cross has its limitations and may not be appropriate for all traders or market conditions. Additionally, using confirmation signals such as new monthly highs can help improve the timing of entries.

Join John Rowland, Barchart's Senior Market Strategist, as he explains the core concept of the Golden Cross and walks you through how to use various additional technical analysis tools to enhance timing and filter out whipsaw price movements that are common with trend-following trading systems. John will also demonstrate some of the valuable tools and features Barchart offers to manage this simple but powerful trend-following system.

In this webinar, you will learn about:

  • Rules of the Golden Cross System
  • Trend confirming technical analysis
  • Filtering strategies to enhance entries
  • Risk Management Techniques
  • Barchart Features & Tools that can help manage trend-following systems

All Barchart webinars start at NOON CT (Chicago) time. Please adjust for your local time setting.

DISCLAIMER REGARDING INVESTMENT DECISIONS AND TRADING

Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of “Day Trading” involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through Barchart.com or our Services.

Details

John Rowland, CMT

John Rowland, CMT

Sr. Market Strategist
Barchart.com, Inc.
Webinar Level:
Beginner
Concepts Covered:
Trading Ideas
Technical Analysis