Today you learned MoMo, RoRo and BoBo. (BoBo is an invented term - TopicsExpress

Today you learned MoMo, RoRo and BoBo. (BoBo is an invented term by traders in the Philippines for Buy On Break Out.) its a useful thing to do only when the markets are trending. BoBo strategy is only used during trending markets and not during trading ranges. If you are in a trading range- you feel BoBo as in (not smart) coz you are always buying at resistance. In a trending market though, coz you can adapt and know When to use BoBo strategy- you arent BoBo anymore. How many BoBos have successfully happened? Can you count ? Many. Every new high means someone made a BoBo move and the breakout resulted into new highs.

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