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CMT Association CMT Level II Exam CMT-LEVEL-II Dumps in PDF

Free CMT Association CMT-LEVEL-II Real Questions (page: 3)

Page 3 of 54 CMT-LEVEL-II PDF — 262 Questions

QUESTION: 11

Which is NOT a measure of central tendency:

Mean
Median
Mode
Variance

Answer(s): D

Reveal Solution Next Question

QUESTION: 12

Which of the following BEST describes the rule of alternation?

Downtrends follow uptrends
Complex patterns follow simple patterns
Price follows volume
Prices alternate in Fibonacci sequences

Answer(s): B

Reveal Solution Next Question

QUESTION: 13

Which of the following is a true statement according to Elliott Wave Theory?

A complete bull market cycle is made up of eight waves, three waves up followed by five waves down
A trend divides into three waves in the direction of the next longer trend
Corrections always take place in five wave patterns
The two types of simple corrections are zigzags and flats

Answer(s): D

Reveal Solution Next Question

QUESTION: 14

Which of the following is one of the key rules for traders?

Take profits but be patient with losing positions and give them time to rebound
Buy low, sell high
Be a contrarian and trade against the trend
Always meet margin calls promptly

Answer(s): B

Reveal Solution Next Question

QUESTION: 15

Why doesn't the doji candle have a real body?

The doji is an abbreviated method of drawing candles
The open and close are the same
The high and low are the same
Buyers are stronger than sellers

Answer(s): B

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