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Questions and Answers
What is the significance of Thursday's price action according to the text?
What is the significance of Thursday's price action according to the text?
- It is a day with low volatility
- It is a good day to take bad trades
- It has no impact on the direction of the week
- It usually results in a trend reversal or acceleration (correct)
What percentage of the time does the Tuesday DR decide the direction of the week?
What percentage of the time does the Tuesday DR decide the direction of the week?
- Roughly 25%
- Roughly 50%
- Roughly 75% (correct)
- Roughly 100%
What is the main benefit of trusting the knowledge gained over the last eight weeks according to the text?
What is the main benefit of trusting the knowledge gained over the last eight weeks according to the text?
- It will only benefit those in the financial industry
- It will increase profits and prevent taking bad trades (correct)
- It will decrease profits and encourage taking bad trades
- It will have no impact on profits or trades
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