Quizzes 120 to 123

In general, the most volatile trading session is?

A) The London session
B) The Asian session
C) The North American session
D) Volatility is equal

Wrong answers include: B) The Asian session, C) The North American session, and D) Volatility is equal.

The correct answer is A) The London session. Although market moving events can happen any time of day, the most consistent time for heavy volume is during London trading hours.

Swing trading means?

A) Positions are kept open for a longer time
B) Opening and closing positions as fast as possible
C) Opening and closing positions as slow as possible
D) None of the above

Wrong answers include: B) Opening and closing positions as fast as possible, C) Opening and closing positions as slow as possible, and D) None of the above.

The correct answer is A) Positions are kept open for a longer time.

When trading with Elliot Waves Theory, traders are?

A) Guessing
B) Counting waves
C) Forecasting future patterns based upon previous ones
D) None of the above

The wrong answers include: A) Guessing, and D) None of the above.

The correct answers are: B) Counting waves, and C) Forecasting future patterns based upon previous ones.

The Federal Reserve of the US meets?

A) Monthly
B) Every six weeks
C) Every three weeks
D) Every two months

The wrong answers include: A) Monthly, C) Every three weeks, and D) Every two months.

The correct answer is B) Every six weeks.

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