MS Concepts Flashcards
1
Q
What is the moneyspot
A
The money spot is the final area before the trade leaves.
2
Q
The money spot is a battle between______versus _____.
A
A money spot is a battle between a simple technical analysis trader against the “knowledgeable” money.
3
Q
When does a money spot appear?
A
A money spot ONLY shows up when the opposite party is activated.
4
Q
Call back is not a pull back until…?
A
A pullback is not a pullback until you can clearly say “I’m certain people turned buyers/ sellers (opposite BB direction) there”
