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Test – Basic Systems

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Test – Basic Systems

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Question 1 of 7

1. Question
A Trend-following approach aims to
- profit from strongly rising markets
- follow market trends by going long (short) at lows (highs)
- follow along with the market trend by getting in on breakouts of significant levels
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Question 2 of 7

2. Question
A Reversal approach fits well with
- markets with low volatility
- markets that tend to revert to an average value
- none of the above
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Question 3 of 7

3. Question
Which of the following trades can be described as BIAS
- enter long on the morning lows and close at the end of the session
- enter short in the evening and reverse the position in the morning
- allow daily entry, but only from 10 am to 3 pm
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Question 4 of 7

4. Question
A mirrored development
- works badly with cross currency
- works well with cross currency
- works well with stock indexes
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Question 5 of 7

5. Question
A mirrored development involves the use
- of any pattern
- of basic patterns only
- of directional patterns and neutral patterns
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Question 6 of 7

6. Question
An unmirrored development
- is a mirrored development where the long and short orders are reversed
- is a development with different logic between long and short trades
- none of the above
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Question 7 of 7

7. Question
An unmirrored development allows
- the use of any pattern
- the use of any pattern except directional patterns
- the use of any pattern except neutral patterns
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