Download 1. Edwards, Robert D. and Magee, John, Technical Analysis of Stock

Excerpts from:
List of Reference books (and abbreviations used)
1. Edwards, Robert D. and Magee, John, Technical Analysis of Stock Trends, 9th Edition, CRC Press,
Taylor & Francis Group, Boca Raton, Florida, c2007, ISBN 0-8493-3772-0
Abbreviated as Edward-Magee
2. Kirkpatrick, Charles D. and Dahlquist, Julie R.: Technical Analysis The Complete Resource for
Financial Market Technicians, Pearson Education, Inc., Upper Saddle River, New Jersey 07458, c.
2006, ISBN 10:0-13-153113-1
Abbreviated as Kirkpatrick-Dahlquist
3. Martin Pring J.: Technical Analysis Explained, 4th Edition, McGraw Hill Book Company, New
York, NY, c. 2001, ISBN 0-07-138193-7
Abbreviated as Martin Pring
4. Jeremy du Plessis, The Definitive Guide to Point and Figure, Harriman House LTD, 2009, ISBN 1897-59763-0.
Abbreviated as Jeremy du Plessis.
Irene is plotting 10x3 point and figure reversal chart. Yesterday’s price was 303, after a rally from
289. Today, the stock reached 310.70, before falling and closing at 275.30. How many postings
should Irene do?
a. Three ‘O’s as price has fallen by over 30 points from high.
b. Only one ‘X’.
c. No postings at all
d. One ‘X’ and three ‘O’s
‘Whatever Charlie Gould says should not be taken seriously as he does not use technical analysis for
his calls’ declared Johnson Andrews, CMT in an article. ‘I know this because I have a friend who
used to work for Charlie earlier’ he added. Is there any violation of codes?
a.
b.
c.
d.
Violation of Code 1, 4 and 5
Violation of cede 4
Violation of code 4 & 5
Violation of code 5.
Transportation Index average is basically affected by1. Volume of business
2. Interest rates
3. Industrial Production
a. 1 & 2 b. 2 & 3 c. 1 & 3 d. 1,2 & 3
Opposite of selling climax is a ______________
a. Blowout
b. Parabolic Blowoff
c. Bull Rally
d. Vertical Rally
Which of the markets is least organised?
a.
b.
c.
d.
Direct Search Market
Brokered Markets
Dealer markets
Auction markets
Stock markets usually go up in the perioda. February to July
b. May to September
c. July to January
d. October to April
Charts cannot be used asa. Entry and Exit Timing tool
b. Money management tool
c. Price Predictive tool
d. long term option pricing tool
What is a throw back?
a. Retracement from an upward trend line break towards breakout zone
b. Retracement from downward trend line break towards breakout zone
c. Retracement when main trend is upward
d. Retracement when main trend is downward
Directional movement is said to be negative whena. Today’s high is above yesterday’s high
b. Today’s low is lower than yesterday’s low
c. Today’s bar is completely above yesterday’s bar
d. Today’s bar engulfs yesterday’s bar
Identify the pattern marked with a circle
a. Engulfing Lines b. Bullish Belt Hold c. Evening Doji Star d. Harami