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Questions and Answers

Which time frame is used for position trading in the mentorship program?

Weekly

Monthly (correct)

Daily

Hourly

What is the monthly chart primarily used for in trading?

Analysis of lower time frames

Short-term trading

Intraday trading

Long-term position trading (correct)

What does the speaker mention about the accuracy of their trading?

It is influenced by intraday work

It is based on short-term trading

It is unrelated to the monthly chart

It is derived from the information on the monthly chart (correct)

Which traders can benefit from the monthly chart analysis?

Both position traders and intraday traders Signup and view all the answers

What is the topic of the first teaching in the third month of the mentorship program?

Time frame selection Signup and view all the answers

Which tool do traders use to determine a good entry point?

Fibonacci retracements Signup and view all the answers

What are bearish order blocks?

Zones where selling interest historically exists Signup and view all the answers

What is the practical application of trading inside the range?

Trading price movements that occur within a predefined price range Signup and view all the answers

Which Fibonacci retracement level is mentioned as more common?

61.8% Signup and view all the answers

What is the purpose of identifying a price range in trading inside the range?

To trade price movements that occur within a predefined range Signup and view all the answers