Study Guide for Come Into My Trading Room - Forex Factory

102 ANSWERS AND RATING SCALES
Give yourself a point for each correct answer.
There are many more oscillators than trend-following indicators.
When you trade, it is important to choose a few indicators from each
group and combine them in order to balance their messages.
Answer 26
1. B
2. A
3. B
4. B
5. A
Give yourself a point for each correct answer.
The idea is to choose your favorite timeframe and then begin by analyzing
the next higher one before returning to your favorite. Longer-term
charts help identify bigger trends and make strategic decisions. Two
timeframes are enough—you certainly never need more than three—
making a weekly chart superfluous for day-traders. Rallies are bigger than
declines in bull markets, and this applies to their duration as well as to
their extent.
Answer 27
1. D
2. A
3. B
4. E
5. C
Give yourself a point for each correct answer.