ANSWER: This is a bullish Double Cross Reversal (DCR).
7)
Name this trading strategy.
ANSWER: This is a bearish Enigma Shark Tail, colloquially known as a "Shargma."
8)
Which SMLK zone is the correct zone to enter a trade?
ANSWER: This is a trick question - there is no such thing as a correct SMLK Timing zone. Each SMLK Timing line has its own purpose. The Small is for smaller target trades and this increases to the King which has the potential for the largest profit target. If you are looking for a very small scalp then using Small or Medium timing may suit the situation.
ANSWER: Pink FibElliDotts are bearish signals unless they become pierced.
Is This Bullish Or Bearish?
20)
Is this FlowMaster™ Enigma bullish or bearish?
ANSWER: This is a trick question - a yellow Enigma can be bullish or bearish depending on context of other charts and signals, as it indicates that the MACVU color coding option is being used, which means the MACVU shows Neutral - price has a higher probability of going in either direction.
ANSWER: This is a bearish Butterfly P-PRZ as price is above the P-PRZ. If the P-PRZ is confirmed, it could become a green bullish Butterfly - remember, trade nothing alone.
True or False?
23)
The 2 week trial is 100% free to try, with no obligations and no credit card necessary.
How many types of stops are there in the AlgoBox™ trading system?
A) 2
B) 3
C) 4
D) 5
E) 6
F) 7
ANSWER: There are two correct answers, if you answered D and F. There are 4 types of chart stops: Box, Dot, Cross, and Triangle. There are also session time stops (e.g. 12:00pm EST Lunch Time), trade count per session (5+bonus), and max loss per day.
32)
How many attempts could be made, for the same trading setup that appears?
Ideally, how many trades should be taken, per session?
A) 2
B) 3
C) 4
D) 5
E) 6
F) As many as I please
ANSWER: If you answered D & E you are correct. Click here for details. You are also correct if you chose F. You can trade however you want, as you are responsible for your own trading.
34)
Vinny E. Mini teaches to trade how many trading sessions per day?
A) 1
B) 2
C) 3
D) 4
E) 5
F) The whole day is 1 trading session to me
You are hearing only the high pitched "clacking" of AudioBox in succession and an bearish red Enigma shows up - if you decided to enter a trade - are you going short or long? What else are you taking into consideration?
What does a Double Delta signal mean? How are you going to utilize it?
ANSWER: When a Double Delta shows up, it means there could be a potential opportunity coming soon, so READY UP!
40)
Explain the FOMC trading rule(s) and why it exists.
ANSWER: Price often trades towards the Golden Ropes before the FOMC news release since large institutions could be taking the safer bet of "sitting on the sidelines" waiting for the news before taking positions.
Congratulations!
How did you do on the exam?
If you scored 32/40 or higher consider it a successful PASS!
Share your results with us in our Free Trade Room to claim your Certificate of Successful Completion:
Simply share your AlgoBox™ Academy Exam results with us in our free Discord room and request your free Certificate of Successful Completion GIF.
Certificates will be offered in GIF format only. You may want to set it as your Windows desktop background as a reminder of your progress.
You may want to set it as your Windows desktop background as a reminder of your progress.
AlgoBox™ Trading Strategies Cheat Sheets
As a reward for completing the exam, here are some cheat sheets to help you with your learning:
AlgoBox™ Trading Strategies Cheat Sheet 1
AlgoBox™ Trading Strategies Cheat Sheet 2
Video Tutorial: AlgoBox™ Cheat Sheets
WATCH: Vinny E. Mini shows the AlgoBox™ Trading Strategies Cheat Sheet on live stream at the 5:58:17 time stamp.
