Sive Morten
Special Consultant to the FPA
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Thank you Sive for your effort to teach us how to trade! My problem is that I still don't know what expressions like B&B “Buy”, "kiss ggodbye", and others mean. Where can I find the explanations? Note: I am fairly new to this, trading for about 6 months but subscribed to your analitics for about 2 months. Thank you for your help!
Ibolya
Hi Ibolya
Think about B&B "Buy" as trade due previous strong upside momentum. Market just try to continue previous move due inertness, and we want to use it. So, our major quest now is where this momentum upside move will start... IF it will at all, of cause
"Kiss goodbye" is when market breaks some line and then retraces to it from another side, touch it and go in the direction of breakout.