Study Guide for Come Into My Trading Room - Forex Factory

120 ANSWERS AND RATING SCALES
Give yourself a point for each correctly identified cluster. Add two points
if you got the bonus question right, or a point for getting it partly right.
Buy signals emerge when both the EMA and MACD-Histogram are
rising together; sell signals emerge when both are falling. The weekly
uptrend (not shown) gives extra weight to bullish signals. Bearish clusters
show reactions against the uptrend, but once those signals cease,
the uptrend embarks on its sharpest upmoves.
At the right edge of the chart—neutral. The trend is getting old, and
MACD-Histogram is weakening. Tighten stops on long positions.
Answer 56
1. E
2. B, C, F, G
3. A
4. C
5. B, D
6. D-G
Give yourself a point for each correct answer (half a point if you missed
one of several occurrences). Add two points if you got the bonus question
right, or a point for getting it partly right.
The day begins with a string of shorting signals: a downward gap,
followed by a cluster of Impulse sell signals, followed by a downside
breakout from the opening range, and then more Impulse sell signals.
The deepening bottoms of MACD-Histogram call for lower prices
ahead. The best day-trading opportunities tend to present themselves in
the beginning of the session, although the Impulse System continues to
give sell signals throughout the day. At point G prices sink to a new low,
but MACD-Histogram completes a bullish divergence—the last call to
take profits on intraday shorts.