Quiz on Lesson ” First Trouble Area (FTA) “

What is FTA in trading and what does it refer to?

A) Final Trading Area, refers to the last price level a trader should exit a trade

B) First Trouble Area, refers to the first price level a trader should enter a trade

C) First Trouble Area, refers to the support or resistance structure nearest to the price that is most likely to give a trade some trouble

What are the three use cases for the FTA framework?

A) Trend analysis, momentum analysis, and market depth analysis

B) Fundamental analysis, technical analysis, and sentimental analysis

C) Profit-taking, trade management, and trade entry

What is the underlying logic of FTA and why is it important in trading?

A) The underlying logic of FTA is to identify where the market is most likely to give a trade some trouble and use that area to manage or act on the trade. It is important in trading because it helps traders identify where to place their take profit and stop loss, and how to manage their trades.

B) The underlying logic of FTA is to always enter a trade at the lowest price and exit at the highest price. It is important in trading because it guarantees profits.

C) The underlying logic of FTA is to always trade in the direction of the trend. It is important in trading because it minimizes the risk of losses.

Quiz on Lesson ” First Trouble Area (FTA) “

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