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Study Guide for Come Into My Trading Room - Forex Factory

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58 QUESTIONS<br />

Question 59—Exits<br />

Figure 7.3<br />

A C D E<br />

B<br />

Review the chart in Figure 7.3 and match the following signals with<br />

the letters in the chart.<br />

1. Take profits on longs<br />

2. Take profits on shorts<br />

And <strong>for</strong> extra credit:<br />

At the right edge of the chart, bullish, bearish, or neutral? Please explain.<br />

Question 60—Stops<br />

Which of the following statements regarding stops are true and which<br />

are false?<br />

1. The time to place a stop is immediately after entering a trade.<br />

2. Superior market analysis makes stops unnecessary.<br />

3. Mental stops are safer than those placed in the market.<br />

4. Stops must be linked with money management rules.<br />

5. Stops are defined by technical analysis.

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