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Viewing questions 41-50 out of questions
Questions # 41:

Which of the following is NOT true of the three mountains and three rivers chart patterns?

Options:

A.

They are longer-term tops and bottom patterns, respectively

B.

The three mountains pattern is also known as a triple top or Buddha top

C.

The three rivers patterns is also known as a triple bottom or inverted Buddha bottom

D.

The color of the real bodies is of utmost importance to its significance

Expert Solution
Questions # 42:

________ is calculated by finding the probability of loss of the current market positions based on past market movements.

Options:

A.

Value at Risk

B.

Potential Risk

C.

Treynor ratio

D.

Hindenburg Omen

Expert Solution
Questions # 43:

An MTA Member or Affiliate using the MTA mailing list to send _____________ would not be in violation of the Code of Ethics:

Options:

A.

Research reports

B.

A free membership to a club

C.

Charting discount coupons

D.

CMT Newsletter

Expert Solution
Questions # 44:

Which of the following is MOST often a reversal pattern:

Options:

A.

Head and shoulders

B.

Wedge

C.

Triangle

D.

Pennant

Expert Solution
Questions # 45:

Which of the following is one of the key rules for traders?

Options:

A.

Take profits but be patient with losing positions and give them time to rebound

B.

Buy low, sell high

C.

Be a contrarian and trade against the trend

D.

Always meet margin calls promptly

Expert Solution
Questions # 46:

Which of the following is a true statement according to Elliott Wave Theory?

Options:

A.

Wave four should not overlap wave one

B.

The theory is composed of time, ratios and wave forms, in that order of importance

C.

The theory was originally applied to individual stocks and does not work as well for indices

D.

The theory works best in commodity markets traded primarily by professional traders such agricultural futures

Expert Solution
Questions # 47:

In point and figure theory, triple-tops and triple-bottoms, when breached:

Options:

A.

Lead to smaller continuation patterns

B.

Frequently leads to a consolidation phase

C.

Will lead to a stronger directional move

D.

Suggest a failure in the longer term pattern

Expert Solution
Questions # 48:

Which would be the MOST useful aspect of a cycle in studying the relationship between cycles of different lengths?

Options:

A.

Phase

B.

Period

C.

Amplitude

D.

None of the above

Expert Solution
Questions # 49:

Staying the course in a trading strategy GENERALLY entails?

Options:

A.

Meeting margin calls

B.

Not utilizing stops

C.

Not getting sidetracked by single, counter-trend news events

D.

Most valid buy signals in trading systems occur in the opposite direction of the prevailing trend

Expert Solution
Questions # 50:

Standard deviation is:

Options:

A.

A descriptive statistic which defines the central tendency

B.

The square root of the variance

C.

The covariance of two securities

D.

An inferential statistic which measures symmetry around the mean

Expert Solution
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