Level 2 test

To unlock the next level you need at least 80% correct answers. You can retake the test as often as you like.

1. Question 1 of 8

   What are higher highs and higher lows?

   ○A sign of an uptrend○A sign the market is closed○A sign of a downtrend
2. Question 2 of 8

   What does “break of structure” mean?

   ○Price is standing still○Price breaks the last important high or low in the direction of the trend○The platform crashed
3. Question 3 of 8

   Which are the three main sessions?

   ○Mon, Wed, Fri○Morning, noon, evening○Asia, London, New York
4. Question 4 of 8

   What is a kill zone?

   ○A price where you must close every trade○A time window in a session with the most movement and opportunity○A list of banned instruments
5. Question 5 of 8

   Why do you set the direction on the higher timeframe first?

   ○Because the lower timeframe is often just noise inside the bigger move○It doesn't matter which timeframe you look at○Because the higher timeframe is faster
6. Question 6 of 8

   What does the Asian session often do for London and New York?

   ○It always sets the daily high○It closes the market for the whole day○It sets a range whose high and low become targets later
7. Question 7 of 8

   The market moves sideways without clear highs and lows. What is this environment called?

   ○Gap○Trend○Consolidation (range)
8. Question 8 of 8

   What is the market hierarchy?

   ○The exchanges ranked by size○A list of the richest traders○Bigger timeframes take priority over smaller ones