Before following any buy sell signal system, it's important to understand how it works. This will help you to interpret the signals correctly.
We use following terms:
LONG : We are expecting price to go up, so BUY at recommend price.
SELL : Cover or close LONG position at recommended price or market price.
SHORT : We are expecting price to go down, SO SELL at recommended price.
BUY : Cover or close SHORT position at recommended price or market price.
We use following terms:
LONG : We are expecting price to go up, so BUY at recommend price.
SELL : Cover or close LONG position at recommended price or market price.
SHORT : We are expecting price to go down, SO SELL at recommended price.
BUY : Cover or close SHORT position at recommended price or market price.