Trading Strategies and Tools Experts Level Test
Welcome to the Trading Strategies and Trading Tools Expert Level Test!This Test features questions on Expert Level strategies and tools ONLY. This is the hardest test of them all, good luck!
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Question 1 |
Do all three conditions have to be fulfilled before entering a trade according to the strategy?
From the Article On Trend Forex Trading Strategy for Binary Options: Suck or Doesn’t?
A | Well, I guess 2 are enough |
B | Nah, I tested the strategy and you only need one condition |
C | Of course. Because if I don’t follow all the conditions of a strategy I am not actually trading that strategy |
Question 2 |
Is this a long term strategy?
From the Article The Raphael Simple Strategy – Simple, for Experts
A | No, it resembles scalping and it’s a short term strategy |
B | I have no idea, the original author is incomprehensible |
C | Yes, it is a long term strategy. |
D | It could be used both long and short term |
Question 3 |
How many time frames does the Cowabunga strategy use? Name them.
From the Article The Cowabunga Strategy for Binary Options – Ride the Waves
A | Two. Fifteen minute and four hour charts. |
B | Three. One minute, 3 minute and 15 minute charts |
C | Never heard of timeframes. |
D | I don’t like surfing dude. |
Question 4 |
What’s the use of the Trade Assistant v 1.14c?
From the Article Custom Indicators – Pimp my charts. Full Review of Trade Assistant v 1.14c
A | It shows us at a glance the overall market direction on multiple time frames and using multiple indicators |
B | Oh, it makes me look smart in front of my friends. I like all the numbers and arrows but I don’t know how to use them |
C | It is an auto trade software, which work on the plug and play principle |
D | It is a binary option trading platform |
Question 5 |
Is the Urban Towers a trend continuation strategy or a reversal one?
From the Article Custom Indicators – Full Review of Urban Towers for Binary Options
A | It’s a counter trend, reversal strategy |
B | It depends on the market conditions |
C | It is a range bound strategy |
D | It is definitely a trend continuation strategy |
Question 6 |
What is a bearish Fractal?
From the Article The Fractal Guru Strategy – Too Confusing for Newbies?
A | A 5 candle formation and it is formed when the high of the middle candle is higher than the highs of the two candles to the left and the two on the right |
B | That’s not my concern. I don’t care |
C | Fractals are part of a strategy created by Bill Williams |
D | Both a. and c. are correct |
Question 7 |
For a Level 1 Call trade is it necessary for price to touch 18 EMA?
From the Article Full Review of Floor Trader Strategy
A | Yes, it is |
B | No, it isn’t |
C | The strategy doesn’t use 18 EMA |
D | The strategy is based on 18 SMA |
Question 8 |
What is the formula used to calculate %K?
From the Article Using Stochastics For Crossover Signals
A | Are you serious?!? |
B | Easy! Here it is: %K = 100[(C-L5)/(H5- L5)] |
C | Are you sure I need to know it? |
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