Questions on Profitable Patterns in the Financial Market


Please attempt to answer to all these questions after you have read about Profitable Patterns in the Financial Market within 10 minutes.

1. Which one is most closely related to profitable patterns in financial market?
a) Polynomial trend
b) Fractal wave
c) Sine Curve
d) Cosine Curve

2. Which geometric shape is the basic building block of fractal wave in currency and stock price series?
a) Circle
b) Line
c) Triangle
d) Rectangle

3. In the Initial public offering, the stock price of XYZ Company was 100 dollar and then it went up to 180 dollar in its highest price. 6 month later after IPO, XYZ Company went bankrupt. Does this bankruptcy disregards the fractal wave assumption for XYZ Company’s stock price?
a) Yes
b) No

4. In the Initial public offering, the stock price of XYZ Company was 100 dollar. Then immediately after IPO, XYZ Company went bankrupt without hitting any higher price. Does this bankruptcy disregards the fractal wave assumption for XYZ Company’s stock price?
a) Yes
b) No

5. Find wrong statement
a) The 61.8% Fibonacci Retracement over 5 candles are identical pattern to the 61.8% Fibonacci Retracement over 100 candles.
b) In profitable patterns, big and small patterns can be identified as same pattern.
c) In currency and stock market, all triangles are identical to each other when the price series are transformed into peaks and troughs.
d) Zigzag indicator and Renko chart are typically used to transform price series into peaks and troughs.

6. Find wrong statement
a) Zigzag price path in currency and stock market is fractal.
b) Fractal patterns are common in nature too.
c) Fractal geometry in zigzag price path in currency and stock market is triangle.
d) Fractal geometry in snowflake is rectangle.

7. Find the non-scientific method for your trading
a) Statistics
b) Technical analysis
c) Psychology
d) Crystal ball

8. Find wrong statement

a) This pattern consists of four price swings.
b) One big triangle is made up from three small triangles.
c) Speed is an important characteristic of this pattern.
d) This pattern consists of 5 points.

9. Find wrong statement

a) This pattern consists of five price swings.
b) One big triangle is made up from five small triangles.
c) Jaggedness is an important characteristic of this pattern.
d) This pattern consists of 7 points.

10. Find the data set least concerning fractal wave
a) EURUSD price series
b) Gold against US dollar price series
c) Daily Temperature record
d) Heart beat time series


About this Article

This article is the part taken from the draft version of the Book: Profitable Patterns in Forex and Stock Market (Essential Trading Guide in 12 Hours).  This article is only draft and it will be not updated to the completed version on the release of the book. However, this article will serve you to gather the important knowledge in financial trading. This article is also recommended to read before using Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and Profitable Pattern Scanner, which is available for MetaTrader or Optimum Chart.

Below is the landing page for Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and Profitable Pattern Scanner in MetaTrader. All these products are also available from www.mql5.com too.

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Below is the landing page for Optimum Chart (Standalone Charting and Analytical Platform).

https://algotrading-investment.com/2019/07/23/optimum-chart/


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