Cmt level 1 questions Study guides, Class notes & Summaries

CMT level 3 | updated questions and answers A strong open followed by strong close will allow trader to do what? - Buy on a pullback after next open. A weak close after strong open will allow trader to do what? - Sell short near following open Highs and lows occur where during the day? - Most often at the open Large opening gaps imply what about the day? - Greater volatility Pivot point calculation - P = (H+L+C)/3 R1 = 2P-L S1 = 2P-H R2 = (P-S1)+R1 S2 = P-(R1-S1) Weaknesses...

CMT Level 1 Questions and Answers 100% CorrectCMT Level 1 Questions and Answers 100% CorrectCMT Level 1 Questions and Answers 100% CorrectCMT Level 1 Questions and Answers 100% CorrectCMT Level 1 Questions and Answers 100% Correct 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 c...

1 - Define what is meant by a trend in technical analysis. - 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. - Answer Determining a trend early, at the beginning of an up/downtrend enables the trader to profit more. The goal of the trader is to ride the trend until it reaches its end. 1 - Identify...

CMT Level 1 Exam Questions And Answers 2023

1 - Define what is meant by a trend in technical analysis. - 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. - Answer Determining a trend early, at the beginning of an up/downtrend enables the trader to profit more. The goal of the trader is to ride the trend until it reaches its end. 1 - Identify...

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: - ANSWER-Advise the customer of the change in recommendation before accepting the order. David, a senior analyst with a brokerage firm, decides to change his recommendation The mosaic theory holds that an an...

What are the basic tenets of Dow Theory - Answer 1.) The averages discount everything 2.) The market has three trends 3.) Major trends have three phases 4.) The averages must confirme each other 5.) Volume must confirm trend 6.) A trend is in effect until it gives definitive signals that it has reversed Technical Analysis by Kirkpatrick - Answer The study of prices in freely traded markets with the intent of making profitable trading or investment decisions. -Kirkpatrick Basic Assum...

1 - Define what is meant by a trend in technical analysis. -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. -ANSWER Determining a trend early, at the beginning of an up/downtrend enables the trader to profit more. The goal of the trader is to ride the trend until it reaches its end. 1 - Identify p...

David, a senior analyst with a brokerage firm, decides to change his recommendation The mosaic theory holds that an analyst - ANSWER-Can use material public information and nonmaterial nonpublic information in the analyst's analysis. Bell is a portfolio manager. One of his firm's clients has told Bell that he will compensate him beyond the compensation provided by his firm on the basis of the capital appreciation of his portfolio each year. Bell should - ANSWER-Obtain permission from hi...