Chapter 3

In this chart example, which numbers show the best time to buy?

1. 1

2. 3

3. 4

4. 1, 2 ,3 and 4

Correct! Wrong!

What happens typically when price/candles becomes too far above the DEMA?

1. Price will go up more

2. Price will eventually revert back to the DEMA

3. Price will go sideways

4. Price will stay the same

Correct! Wrong!

When the candle and price is too far below the DEMA what typically will happen?

1. Price will revert back up to the DEMA

2. Price will drop further

3. Price will go sideways

4. Price will stay the same

Correct! Wrong!

If you bought at the number one candle why is it good to sell at the number two candle?

1. Enough profit could be made by number two candle so good to sell

2. Price will fall back to the DEMA soon so makes sense to exit

3. Number two candle is bearish with a longer upper wick

4. All of the above

Correct! Wrong!

What do these three red candles best represent to you?

1. Great time to buy

2. Great time to short

3. Great time to hold

4. Great time to go long

Correct! Wrong!

Why is this the best time to short or to sell?

1. It is the best because price will go lower more than likely

2. It is the best because price will go higher from here

3. It is the best because of the long range red candle

4. This is not the best time to short because price will go up to the DEMA soon

Correct! Wrong!

Why is this the best time to buy?

1. It will have the best chance of going up from here

2. The candles are bullish

3. This is not the best time to buy because the candles are far from the DEMA

4. None of the above

Correct! Wrong!

How would you describe this candle for a potential entry?

1. It is a large range candle

2. The candle body is touching the DEMA

3. Although it would have been profitable, it is best to wait for a smaller range candle

4. All of the above

Correct! Wrong!

Why are the candles 1, 2 and 3 great buying candles?

1. They are large range candles

2. They are above the DEMA

3. They are below the DEMA

4. They are all touching the DEMA and are not large ranges

Correct! Wrong!

Which are the best buying setup candles?

1. All of them

2. Candles 1 and 2 are best

3. Candles 1 and 3 are best

4. Candles 2 and 3 are best

Correct! Wrong!

Chapter 3

Result

result is here

Result

Please try again!

SimpleTrades

Chapter 3

In this chart example, which numbers show the best time to buy?

What happens typically when price/candles becomes too far above the DEMA?

When the candle and price is too far below the DEMA what typically will happen?

If you bought at the number one candle why is it good to sell at the number two candle?

What do these three red candles best represent to you?

Why is this the best time to short or to sell?

Why is this the best time to buy?

How would you describe this candle for a potential entry?

Why are the candles 1, 2 and 3 great buying candles?

Which are the best buying setup candles?