Support And Resistance
.
- 1.
What is Resistance?
- A.
The price ceiling
- B.
The price floor
- C.
The price point
- D.
Something that rhymes with consistence
Correct Answer
A. The price ceiling -
- 2.
What is Support?
- A.
The price ceiling
- B.
When someone lends you a helping hand
- C.
The price floor
- D.
A sideways point in price
Correct Answer
C. The price floor -
- 3.
What is the bounce technique?
- A.
Entering a trade after it breaks through a support or resistance level.
- B.
Entering a trade after it bounces off a support or resistance level.
- C.
Bouncing money from trade to trade.
- D.
A basketball technique.
Correct Answer
B. Entering a trade after it bounces off a support or resistance level. -
- 4.
What is the Break Technique?
- A.
Entering a trade when there is a lot of volatility.
- B.
Breaking your laptop in frustration.
- C.
Entering a trade at a break level.
- D.
Entering a trade after price breaks through a support or resistance level.
Correct Answer
D. Entering a trade after price breaks through a support or resistance level. -
- 5.
What is the conservative method of trading a break?
- A.
Waiting for price to retest the support or resistance level.
- B.
Waiting for price to break straight through the support or resistance level and continue onward.
- C.
A technique created by the conservative party.
- D.
Chillin' out maxin' relaxin' all cool, shooting some B'ball outside of the school.
Correct Answer
A. Waiting for price to retest the support or resistance level. -
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May 14, 2015Quiz Edited by
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May 14, 2015Quiz Created by
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