Time Frame Selection
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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?

<p>Both position traders and intraday traders (A)</p> Signup and view all the answers

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

<p>Time frame selection (D)</p> Signup and view all the answers

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

<p>Fibonacci retracements (C)</p> Signup and view all the answers

What are bearish order blocks?

<p>Zones where selling interest historically exists (A)</p> Signup and view all the answers

What is the practical application of trading inside the range?

<p>Trading price movements that occur within a predefined price range (C)</p> Signup and view all the answers

Which Fibonacci retracement level is mentioned as more common?

<p>61.8% (C)</p> Signup and view all the answers

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

<p>To trade price movements that occur within a predefined range (C)</p> Signup and view all the answers
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