A Harami most closely resembles what "western" charting pattern?

A Harami most closely resembles what "western" charting pattern?A . Inside dayB . Outside dayC . GapD . Andrew's PitchforkView AnswerAnswer: A

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How can one identify the existence of a cycle?

How can one identify the existence of a cycle?A . Remove price trendB . Switch time framesC . Use only period extremesD . None of the aboveView AnswerAnswer: A

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Interpret price action in the chart below, combined with takeaways from the SPX New High-New Low index:

Interpret price action in the chart below, combined with takeaways from the SPX New High-New Low index:A . Confirmation between price action and indicator; the ongoing pullback can be bought.B . Divergence between price action and indicator; suggests exiting of long positions.C . Divergence between price action and indicator; can...

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Which of the following is typically a period of heavier volume?

Which of the following is typically a period of heavier volume?A . First day of the weekB . Day before a holidayC . Triple witching daysD . Summer daysView AnswerAnswer: C

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How might one detrend data to determine if a cycle exists?

How might one detrend data to determine if a cycle exists?A . Divide the current prices by a moving average of those pricesB . Create an oscillator that plots a standard deviation of the period lowsC . Apply volume weighting to both high and lows in the dataD . Plot...

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Which of the following would BEST improve the profitability of a trend-based trading system?

Which of the following would BEST improve the profitability of a trend-based trading system?A . Use of additional trend periodsB . Increase the delay in taking action after a trade signal is givenC . Utilize support and resistance linesD . Utilize candlestick charts instead of bar chartsView AnswerAnswer: B

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The "Rising 3 Methods" candlestick pattern is:

The "Rising 3 Methods" candlestick pattern is: I. Bullish II. Bearish III. Long White Body followed by a series of smaller falling candles IV. Long Black Body followed by a series of smaller rising candlesA . I & IIIB . I & IVC . II & IIID . II &...

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The Efficient Market Hypothesis assumes that:

The Efficient Market Hypothesis assumes that: I. Most investors will act rationally II. Most investors will act irrationally III. Prices typically reflect all available information IV. Prices typically do not reflect all available informationA . I & IIIB . I & IVC . II & IIID . II & IVView...

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Which of the following is a CORRECT usage of oscillators in technical analysis?

Which of the following is a CORRECT usage of oscillators in technical analysis?A . Oscillators are least useful when they reach an extreme reading near the upper or lower ends of their boundariesB . Divergences between price and oscillators are important confirmation signalsC . When an oscillator crosses the zero...

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Which of the following is the BEST volume indicator for analysis of futures trading?

Which of the following is the BEST volume indicator for analysis of futures trading?A . Open interestB . Contract volumeC . Total volumeD . BreadthView AnswerAnswer: C

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