Final Trading Quiz – Level 8
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Written by Tom Chen
It’s time to test your knowledge on trading forex with multiple time frames. Good luck and remember to share your results with us.
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Question 1 of 15
1. Question
What is multiple time frame analysis?
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Question 2 of 15
2. Question
You have identified a downtrend and are looking to place a short trade. Which time frame should you switch to in order find your entry?
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Question 3 of 15
3. Question
If there is a long-term trend on a higher time frame, the probability of winning trades in the same direction on lower time frames is:
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Question 4 of 15
4. Question
Assuming this is the higher of your two time frame charts, in which direction would you be looking to trade when you switch to the lower time frame?
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Question 5 of 15
5. Question
Who among the following traders is doing multiple time frame analysis?
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Question 6 of 15
6. Question
A trader’s success or failure is not affected by the timeframe/s on which he trades.
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Question 7 of 15
7. Question
Which of the following is the most important factor to help determine the time frame to trade on?
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Question 8 of 15
8. Question
Long term traders usually focus on what time frames?
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Question 9 of 15
9. Question
Which among the following personality traits is the most critical for a long term trader?
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Question 10 of 15
10. Question
Which of the following statements is true?
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Question 11 of 15
11. Question
_____ time frames are ideally used for deciding where to best enter a trade.
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Question 12 of 15
12. Question
Traders usually look at three time frames. If the longer time frame is used to determine trends & the shorter time frame is for entry & exit points, what is the use of the other one?
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Question 13 of 15
13. Question
What does ‘W1’ stand for in MT4?
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Question 14 of 15
14. Question
Capital plays an important role when deciding what time frame to trade.
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Question 15 of 15
15. Question
Larger time frames are used to establish shorter-term trends.
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