Quiz for:
Butterfly Effect 2 L4: Combination Levels

Question 1

How often should one practice examining different points in a chart for combination levels?

Question 2

Why is forward time analysis preferable in the context of combination levels?

Question 3

What is a combination level in trading?

Question 4

For accurate entries in trading, especially for knife catches, what should be practiced?

Question 5

What is the suggested method for avoiding tested levels?

Question 6

How should levels be color-coded when marking them on the chart?

Question 7

Which timeframe levels should be involved to find the 'greediest' entry spot?

Question 8

Which color is used to mark a 4-hour level in the combination level strategy?

Question 9

What is the importance of not hard closing under combination levels during trade entries?

Question 10

What is the first step in identifying a combination level?

Question 11

What is meant by 'do not hard close under identified levels'?

Question 12

What is a key reason for looking for touches and rejections within smaller levels?

Question 13

In a combination level strategy, which smaller level is found within an hourly level?

Question 14

Why are combination levels important for determining entry points?

Question 15

How does identifying combination levels aid in understanding market trends?