Signal Quiz

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Question 1 of 10

1. Question

1. If a signal has 3 take profit targets, what should you do after the signal reaches Target 1?

Close all my trades.
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Close some of my trade positions and change my stop loss price to the entry price.
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I don’t close any trades, I wait for the market to reach the final take profit target.
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Question 2 of 10

2. Question

2. After a signal reaches Target 1, do you place a new trade for that signal?

Yes, I will place a new trade because I still have other profit targets.
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No, I won’t place any more new trades after T1 hits. I will wait for the next signal.
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Question 3 of 10

3. Question

3. After the signal reaches the final target, what will you do?

I will place an opposite trade order because I believe the market will reverse after hitting the final target.
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I will close all my open trade positions and wait for the next signal.
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Question 4 of 10

4. Question

4. How long do you plan to hold the signal trade if it doesn’t reach the take profit or stop loss?

24 hours
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2 days protection – As per AEDT (GMT +11) time
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I will wait until it reaches the default stop loss or take profit price.
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Question 5 of 10

5. Question

5. If the signal is moving up and down between the entry price range for 2 days (AEDT time) and it doesn’t reach take profit 1 or stop loss, what should you do?

If the signal is in profit, I will change my stop loss price to the entry price.
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If the signal is in loss, I will change my take profit price to the entry price.
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If the market is at our signal entry price range, I will close my trade.
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Above all answers are correct.
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Question 6 of 10

6. Question

6. How is the 2-day Trade Protection Rule calculated?

48 hours expiry from the signal provided time.
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The 2-day protection rule is calculated based on the signal day + the next day according to AEDT (GMT +11) Timezone. For example, if the buy EUR/USD signal is given on Wednesday at 8 p.m. AEDT time, the trade protection should be carried out on Thursday at 11:59 p.m. AEDT.
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Question 7 of 10

7. Question

7. I saw the signal late or the market has moved away faster from the entry price. Do I still need to enter the signal if it is outside the entry price range?

No, I will not trade that signal.
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I will enter if the market has moved 10 to 20 pips away from the entry price; then I can still place a new trade for that signal and use pending orders in our signal entry range. However, if the market has reached target 1, I won’t take any new trades on that signal.
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Question 8 of 10

8. Question

8. If I have a $1000 USD trading account, what lot size should I use for your signal?

0.50 lot maximum per signal
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0.05 lot maximum per signal
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0.20 lot maximum per signal
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Question 9 of 10

9. Question

9. How much percentage should I risk on each signal?

5%
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Less than 2%
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10%
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Question 10 of 10

10. Question
10. How to Follow This Signal?

Buy EURUSD at any price between 1.1140 and 1.1120
- Target 1: 1.1190
- Target 2: 1.1260
- Target 3: 1.1330
- Stop loss: 1.1080
I will place 3 buy orders. I will set the first buy order Take profit at Target 1 price, the second buy order Take profit at Target 2 price, and the third buy order Take profit at Target 3 price.
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Buy at any price between the Signal Entry Price Range. I will use Pending Orders for placing multiple trades inside the Signal Entry Price Range. For example, while receiving the signal, if the Signal Price is 1.1140, I will place my first trade immediately at 1.1140, the second trade at 1.1130 (Buy Limit – Pending order), and the third trade at 1.1120 (Buy Limit – Pending order).
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I can follow the signal in both ways as mentioned in above Answer 1 and Answer 2.
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