Free and Premium CMT Association CMT-Level-II Dumps Questions Answers

3 Black Crows

Dark Cloud Cover

Hanging Man

Shooting Star followed by an Inverted Hammer

Members only

Affiliates only

CMT candidates

All of the above

The number of waves follows the Pythagorean theorem

Ratios are used to define price objectives

The rule of alternation states that up waves follow down waves

Bear markets do not fall below the top of the prior fourth wave

Simple moving average

Point and figure

Swing breakout

N-day breakou

Mean

Median

Mode

Variance

Prices are consolidating but OBV direction has turned higher which indicates accumulation by long term traders.

Negative divergence between price and indicator suggest distribution is taking place at top.

Prices are higher but OBV is sideways which can't be interpreted.

Positive divergence between price and indicator suggest uptrend is weak and near reversal.

he is correct.

he is incorrect.

He is correct about the voluntary reporting aspect.

He is correct about the independent and objective research aspect.

Point-and-figure charts

Candlestick charts

Bar charts

Line charts

It is considered bearish when a short term moving average crosses above a longer term moving average

In a triple crossover trading system buying is signaled when the shortest term moving average crosses over one of the other moving averages

The first crossover in a triple crossover system during an upside reversal is when the shortestterm moving average crosses above one of the other two averages

Once a moving average system is optimized, it can be used for trading all markets

Head and shoulders

Wedge

Broadening top

V-bottom

Bonds

Bullion

Precious metal

Energy

Longer time periods increase the signaling importance of saucers but not of peaks

Saucer bottoms are more valid when they form over a short time period

Long time periods between market peaks and troughs reduce the potential for a market reversal

Longer formation time periods increase the signaling importance of both saucers and peaks

The signal line is also a moving average

It is most useful in a trending market

The calculation does not use any simple moving averages

If MACD has had a positive value for more than 12 periods, this is predictive of a reversal.

A broken support line no longer has a valid technical interpretation

The break in the support line would be a buy signal

The support line now becomes a resistance line

The break in the support line is of no technical importance

The upper trend line goes downwards and must have two peaks, the latter higher than the former

The upper trend line goes upwards and must have two peaks, the latter higher than the former

The upper trend line goes upwards and must have a single peak

The upper trend line goes upwards and must have two peaks, the latter lower than the former

Martingale Betting System

Parabolic System

Directional Move System

Pyramiding

The arithmetic scale is preferred

A linear scale is preferred

A logarithmic scale is preferred

A logarithmic or a linear scale is preferred

Meeting margin calls

Not utilizing stops

Not getting sidetracked by single, counter-trend news events

Most valid buy signals in trading systems occur in the opposite direction of the prevailing trend

Bullish or Bearish Triangle

Triple Top or Triple Bottom

Double Top or Double Bottom

Bullish or Bearish Fulcrum

appear upon completion of star patterns

appear nowhere in star patterns, only in box ranges

ideally has a doji as second real bottom

can only be formed over long periods of time

Return 30 percent to the $80 to return to the $100 break-even level

Return 25 percent to the $70 to return to the $100 break-even level

Return 30 percent to the $70 to return to the $100 break-even level

Return 25 percent to the $80 to return to the $100 break-even level

A double-bottom and double top can be continuation patterns

Only a double-bottom can be a continuation pattern

Only a double-top can be a continuation pattern

Neither can be continuation patterns. They do not exist in Point and Figur

the number of contracts traded at each price tick.

the number of contracts traded at each time interval.

the change in open interest during a particular time interval.

the number of recorded price changes during a particular time interval.

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 20% loss requires a 25% gain to break even

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 20% loss don't require a 25% gain to break even

A relative loss of 20% can be made back with a relative gain of 20%, but an absolute 10% loss requires a 25% gain to break even

A relative gain of 20% can be made back with a relative loss of 20%, but an absolute 20% loss requires a 25% gain to break even

Saliency bias

Framing bias

Sunk-cost bias

Anchoring bias

Smoothing technique used

Distance between bands

Selection of trend speed

Use of a scaling factor

A hanging man always has a black real body

A hanging man comes after a market rally

A hanging man has no lower shadow

A hanging man need not be confirmed by other indicators

Positions of hedgers and speculators

Historical open interest of each contract

Current open interest of each contract

Reportable and non-reportable positions

Trading decisions are less consistent

Most computerized systems are unprofitable in non-trending markets

Profit trades are exited too early

Computerized systems miss many market trends

Each successive layer should be larger than the prior layer

Take profits on winning positions

Add to losing positions, as a form of dollar cost averaging

Adjust protective stops to the breakeven point

Trend lines

Stops

Directional movement index

Average divergence index

They can be bullish or bearish depending on the market

They are bearish after a rally

They are called hammers after a downtrend

All of the above

Center limit theorem

Histogram

Central limit theorem

All of the above statements

Sharpe ratio

Calmar ratio

Sortino ratio

Treynor ratio

This is to multiply the volume occurring when each box was in operation

This is to sum up the volume occurring when each box was in operation

This is to divide up the volume occurring by each box was in operation

It is, to sum up, the volume that occurs when every box is not in use

Market has its strongest year during first year of president's term, posts its worst returns during the pre-election year and slightly negative returns in election years

Market has an above average year during first year of president's term, posts negative returns during the pre-election year and its strongest returns in election years

Market has a below average year during first year of president's term, posts its strongest returns during the pre-election year or in the election year

Market has a below average year during first year of president's term, posts its strongest returns in the second year and reasonably strong returns during the pre-election and election years

First, make a decision as to how many columns to average.

First, re-draw the chart as a 1X1 chart,

First, find the longest column, and count the number of filled boxes.

First, convert the chart to a conventional line chart.

Windows

Rising three methods

Hanging man

Falling three methods

The best combination is when there is an upward breakout on less than normal breakout volume with no pullback

The best mix is when there is a downward breakout on less than normal breakout rate and with few pullbacks

The best combination is when a downward breakout happens on an under-average amount of breakout with no pullback

The best combination is when there is a downward breakout at an above-average breakout rate with few pullbacks