Trading Strategies and Tools Experts Level Test
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How many time frames does the Cowabunga strategy use? Name them.
From the Article The Cowabunga Strategy for Binary Options – Ride the Waves
Two. Fifteen minute and four hour charts.
Three. One minute, 3 minute and 15 minute charts
Never heard of timeframes.
I don’t like surfing dude.
Is this a long term strategy?
From the Article The Raphael Simple Strategy – Simple, for Experts
No, it resembles scalping and it’s a short term strategy
I have no idea, the original author is incomprehensible
Yes, it is a long term strategy.
It could be used both long and short term
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?
Well, I guess 2 are enough
Nah, I tested the strategy and you only need one condition
Of course. Because if I don’t follow all the conditions of a strategy I am not actually trading that strategy
What’s the use of the Trade Assistant v 1.14c?
It shows us at a glance the overall market direction on multiple time frames and using multiple indicators
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
It is an auto trade software, which work on the plug and play principle
It is a binary option trading platform
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
It’s a counter trend, reversal strategy
It depends on the market conditions
It is a range bound strategy
It is definitely a trend continuation strategy
What is a bearish Fractal?
From the Article The Fractal Guru Strategy – Too Confusing for Newbies?
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
That’s not my concern. I don’t care
Fractals are part of a strategy created by Bill Williams
Both a. and c. are correct
For a Level 1 Call trade is it necessary for price to touch 18 EMA?
From the Article Full Review of Floor Trader Strategy
Yes, it is
No, it isn’t
The strategy doesn’t use 18 EMA
The strategy is based on 18 SMA
What is the formula used to calculate %K?
From the Article Using Stochastics For Crossover Signals
Are you serious?!?
Easy! Here it is: %K = 100[(C-L5)/(H5- L5)]
Are you sure I need to know it?