A. Prices are plotted vertically, time horizontally
B. Each day's price action is represented by a vertical bar; the daily high, low and close are plotted
C. All of the above
D. The price scale may be either arithmetic or logarithmic
正解:C
解説:
Detailed Explanation:
A standard bar chart displays the High, Low, and Close (and often Open) as a vertical line (A). Price is on the Y-axis and time on the X-axis (B). The scale can be set to either arithmetic (linear) or logarithmic (percentage) (C). Thus, all statements are true.
質問 # 135
Detrended time series:
A. Shows a distinct direction of movement
B. Is never flat
C. Shows distinct patterns like head and shoulder
D. Tends to remain range bound
正解:D
解説:
Detailed Explanation:
Detrending removes the long-term trend component from the data to isolate the cyclical or short-term fluctuations. Once the trend is removed, the resulting series oscillates around a mean (zero line), appearing range bound or stationary.
質問 # 136
A breakaway gap usually:
A. Provides a major divergence signal39
B. Occurs at the end of an important price move40
C. Occurs during the accumulation phase of a market cycle37
D. Signals the beginning of an important price move38
正解:D
解説:
Detailed Explanation:42
Breakaway gaps occur when prices gap out of a tradin43g range or consolidation pattern (like a triangle or rectangle). They signal the beginning of a significant new trend or price move and are often not filled immediately.
質問 # 137
A Channel breakout system works extremely well in:69
A. Daily and weekly charts and monthly charts
B. Non-trend71ing markets
C. A and C
D. Trending markets70
正解:C
解説:
Detailed Explanation:
Channel breakout systems (like Donchian Channels) are trend-following strategies. They work best when the market is trending (Option A). They can be applied to any timeframe, including daily, weekly, and monthly (Option C). They fail in non-trending (sideways) markets.
質問 # 138
Which of the following is NOT CORRECT regarding the belt-hold candlestick pattern?
A. The bearish belt-hold is a long black candle that opens on the high and moves lower through the trading session
B. It is an opening bozu
C. The pattern consists of one candle
D. A short belt-hold line has more significance than a long belt-hold line
正解:D
解説:
Detailed Explanation:
A Belt-Hold is a single candlestick pattern (Opening Bozu). A long belt-hold line (indicating a strong, sustained move from the open) is more significant than a short one. Therefore, statement B is incorrect.