Mastering Price Action and Technical Analysis.

Building a Foundation

Introduction to Trading.

4 Topics | 1 Test

Getting Started.

Market Players.

What are Candlesticks?.

Spreads and Pips.

Test: Introduction to Trading.

How to Read Price Movements.

4 Topics | 1 Test

Overview of Technical Analysis

Types of Trading.

Price Action Trading.

Support and Resistance.

Test: How To Read Price Movements.

Order Types and Risk Management Basics.

3 Topics | 1 Test

Money Management – Risk:Reward.

Position Size and Percentage Risk.

Test: Order Types and Risk Management Basics.

Technical Analysis and Price Action

Introduction to Indicators.

5 Topics | 1 Test

Trading Volume.

Moving Averages.

Moving Averages with Price Action.

Bollinger Bands.

Trade Selection with “Filters”.

Test: Introduction to Indicators.

2 Topics | 1 Test

Trading Channels.

Trend Patterns.

Test: Trend Trading.

3 Topics | 1 Test

Support and Resistance = Consolidation.

Trading Ranges with Price Action.

Range Finder – Donchian Channels.

Test: Range Trading.

Reversal Trading.

3 Topics | 1 Test

Double Tops and Bottoms.

Rounding Tops and Bottoms.

Head and Shoulders.

Test: Reversal Trading.

Volatility Trading.

2 Topics | 1 Test

Spotting Volatility: Average True Range.

Test: Volatility Trading.

Keys to Success

Risk Management.

5 Topics | 1 Test

Methods For Closing Trades.

Money Management.

Drawdowns and Persistency.

Price Shocks & Pyramiding.

Margin/Leverage.

Test: Risk Management.

Trading Psychology.

3 Topics | 1 Test

Failure is All Part of The Process.

Controlling Emotions.

Test: Trading Psychology.

Test: Reversal Trading.

Mastering Price Action and Technical Analysis. Reversal Trading. Test: Reversal Trading.

Time limit: 0

Test Summary

0 of 10 Questions completed

Questions:

Information

You have already completed the test before. Hence you can not start it again.

Test is loading…

You must sign in or sign up to start the test.

You must first complete the following:

Results

Test complete. Results are being recorded.

Results

0 of 10 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

Not categorized 0%

1
2
3
4
5
6
7
8
9
10

Current
Review
Answered
Correct
Incorrect

Question 1 of 10

1. Question
Which is the correct definition of a double top?
- The price reaches a new high, rallies back a little, then hits another new high before reversing
- The price rallies after a recent high, fails and then is unable to make a new high and reverses
- The price hits a new high and reverses with strong volume
Correct

Incorrect
Question 2 of 10

2. Question
What is the major risk of trading double tops/bottoms?
- Not spotting the pattern fast enough
- The stop loss is very tight
- False patterns, where there is no reversal
Correct

Incorrect
Question 3 of 10

3. Question
What can you use double tops/bottoms for? (Multiple choice)
- A sign to close a trade
- A sign of reversal
- A price to enter a trade
- A target price for take profit
Correct

Incorrect
Question 4 of 10

4. Question
What is the main difference between rounding tops/bottoms and other reversal patterns?
- A rounding top/bottom is much slower to develop
- A rounding top/bottom gives a level for your stop loss
- A rounding top/bottom applies only on longer time-frames
Correct

Incorrect
Question 5 of 10

5. Question
Where would you place a stop loss for a rounding bottom pattern?
- Just below the resistance line
- At the lowest low of the pattern
- At a level that makes your risk acceptable
- At the highest high of the pattern
Correct

Incorrect
Question 6 of 10

6. Question
What can head and shoulders patterns show you?
- Entry point only
- Entry point and stop loss
- Entry point, stop loss and target price
Correct

Incorrect
Question 7 of 10

7. Question
What is a common mistake when trading head and shoulders patterns?
- Placing a stop loss too far away
- Not waiting for the pattern to be completed
- Placing a stop loss too tight
- Entering a trade too late
Correct

Incorrect
Question 8 of 10

8. Question
Which reversal pattern does this chart show?
- Double bottom
- Rounding bottom
- Head and shoulders
- None of the above
Correct

Incorrect
Question 9 of 10

9. Question
Which reversal pattern does this chart show?
- Double bottom
- Rounding bottom
- Head and shoulders
- None of the above
Correct

Incorrect
Question 10 of 10

10. Question
Which reversal pattern does this chart show?
- Double top
- Rounding top
- Head and shoulders
- None of the above
Correct

Incorrect