Cmt level - Study guides, Class notes & Summaries

CMT Level 1; Questions and Answers 100% Solved Technical Analysis Basic Principles Correct answer Trend is your fried Don't lose = control risk of capital loss Manage your money = Avoid Ruin Charles Dow = founder Uptrend Correct answer Prices reach higher peaks and the troughs are also higher. Downtrend is the opposite. Trend Correct answer directional movement of prices that remains in effect long enough to be identified and still be profitable Supply and Demand Correct answer key f...

CMT Level 3 (Everything); Questions and Answers latest Update 100% Solved A strong open followed by strong close will allow trader to do what? Correct answer Buy on a pullback after next open. A weak close after strong open will allow trader to do what? Correct answer Sell short near following open Highs and lows occur where during the day? Correct answer Most often at the open Large opening gaps imply what about the day? Correct answer Greater volatility Pivot point calculation Corre...

CMT Level 1(Study Material);Questions and Answers latest Update 100% Solved David, a senior analyst with a brokerage firm, decides to change his recommendation for the common stock of Pigeon Industries, Inc. from a "buy" to a "sell". This change in investment advice is mailed to all the firm's clients on Wednesday. Next day, a client calls in with a buy order for 500 shares of Pigeon Industries, Inc. In this circumstance, Johnson should: Correct answer Advise the customer of the ch...

CMT Level 1; Questions and Answers 100% Solved What is the Elliot Wave Principle? Correct answer It is a concept that breaks down trends into 8 core waves. In the first sequence, there is the basic 5-wave (motive) pattern that moves the market, then there is the corrective sequence, which are 3-wave corrective patterns that pulls back from the motive wave. Elliot waves are fractal in nature and follow a series of strict rules. What are the different types of Motive Waves? Correct answe...

CMT Level 1 (Chartered Market Technician Level 1 study material) Questions and Answers 100% Solved 1 - Define what is meant by a trend in technical analysis. Correct answer Uptrend = price reaches higher peaks and troughs; downtrend = prices reach lower peaks and troughs; flat trend = price within a range without significant downward movement. 1 - Explain why determining the trend is important to analysts. Correct answer Determining a trend early, at the beginning of an up/downtrend ena...

CMT Level 1 Practice Exam Questions and Answers 100% Solved In constructing a point and Figure chart, a new entry is added only when? Correct answer Price has moved equal to or more than the specified box size When the Stochastic indicator crosses below 20, it is signaling? Correct answer The price is vulnerable to a reversal, but no action needs to be taken just yet. What principle describes a characteristic of related cycles Correct answer Harmonics What formation is often called a c...

SAMPLE CMT LEVEL I EXAM PREFACE: The following document is a sample exam paper. The questions have been constructed/ phrased in a manner that is similar to past exams. The objective of this sample exam is to give a clear indication of the question structure and language one can expect in the exam. Important points to note  Please note that there may be up to 25% variation in the question mix in the Level II exams as changes in administration occur. Also note that these sample ...

Chartered Market Technician CMT Level 1 Sample Questions Cycles are GENERALLY measured a. High to low b. Low to low c. High to high d. Either b or c - Answer: b. Low to low Reference: Dahlquist, Julie R., and Charles D. Kirkpatrick. Technical Analysis: The Complete Resource for Financial Market Technicians. Chapter 19. This cycle principle states as stocks go through similar cycles, the size and magnitude will differ. a. Commonality b. Variation c. Summation d. Proportiona...

CMT Level 1 Study Guide UPDATED Exam Questions and CORRECT Answers Define what is meant by a trend in technical analysis - CORRECT ANSWER- - Uptrend is when prices reach higher peaks and higher troughs (VV for Downtrend) - Flat trend (sideways trend) is when a price trades in a range without significant underlying upward or downward movement Explain why determining the trend is important to analysts - CORRECT ANSWER- o From a technical analysts perspective "a trend is a directional m...

CMT Level 1 - Sample Questions UPDATED Exam Questions and CORRECT Answers Cycles are GENERALLY measured a. High to low b. Low to low c. High to high d. Either b or c - CORRECT ANSWER- Answer: b. Low to low Reference: Dahlquist, Julie R., and Charles D. Kirkpatrick. Technical Analysis: The Complete Resource for Financial Market Technicians. Chapter 19.