From page 60 "A golden cross is where an indicator, or another moving average, crosses up through a moving average. This is a bullish sign. A shorter term moving average will hug the share price action more closely than a longer term moving average. So when a shorter term moving average crosses up through a longer term average, it will form a golden cross."
"There is no magic setting for using a moving average that will give you the best results at all times. Although we would love to discover the NMA (the Nostradamus Moving Average), which will predict turning points with 100 per cent accuracy, it simply doesn't exist. As a rule of thumb, I (Louise) suggest that you use a 30-period moving average until you attune your eye to the impact of using different time periods. … If you are looking to try a shorter term moving average, use a 15-period moving average".
Not sure about a PDF version of her book. Maybe if you've got one of those e-reader devices there's a cheap download. I've got about 50 trading books at home, most of which were a "good read", and swiftly returned back to the bookshelf. I got about 30 of those books for $100 on Gumtree from one person who had spent about $10,000 on training courses / books, and who then went and burnt his $50,000 portfolio. He was almost begging me to take his cursed books away. It was a four hour drive, but well worth it. Keep your eyes open.
https://www.gumtree.com.au/s-ad/mount-martha/textbooks/3-stock-market-trading-books-by-author-louise-bedford/1198627354
"Charting Secrets", however, I returned to about a month ago in an effort to start "putting it all together".
Cheers
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