Nadex1

Answer Key for Quizzes in the to Nadex Safer Environment book.

Chapter 6 Answers:

1. $100
2. Higher
3. Short
4. Long
5. Lower
6. False.  Binary Options do not use stops because you limit your risk on entry.
7. $55 (85 – 30)
8. Sell
9. $5 (If your risk was $40, that means the price of the binary was $60.  $60 – $55 = $5)
10. No.  2100 is equal to 2100 not greater than 2100.
11. Yes, short positions can equal the strike price.
12.  Buy
13. False
14. 100 – entry price
15. 100 – risk on entry
16. Offer price or entry price
17. 100 – Bid or entry price
18. False

Chapter 7 Answers:

1. False
2. False
3. True
4. False
5. False
6. Buy
7. Sell
8. Equal to or less than
9. Greater than
10. True
11. Loss and Profit
12. Emini Dow Jones
13. Emini S&P 500
14. Emini Nasdaq
15. Emini Russell 2000
16. Profit Potential
17. Risk
18. False

 Chapter 8 Answers:

1. Higher highs, higher lows
2. Lower lows, lower highs
3. Previous low
4. Go upwards
5. Resistance
6. Support
7. Congestion
8. True
9. True
10. Higher timeframe

Chapter 9 Answers:

1.  Green
2. Red
3. Open, close
4. Bullish Pin
5. Left
6. Top of the body
7. Bearish Outside Bar
8. Bottom of the body
9. Bottom of the body
10. Higher than the close of Bar #2
11. Top of the body
12. Bearish PIN
13. High
14. Up
15. Right
16. Low
17. False
18. False
19. High
20. False
21. Lower than the low of bar #2
22. True
23. Outside
24. Bullish Outside Bar
25. Long Wick
26. Down
27. Low

Chapter 10 Answers:

1. Support
2. Resistance
3. Any three of the following: Bollinger Bands, Keltner Channels, Linear Regression Channels, Moving Averages, Average True Range, Pivot Lines, Fibonacci Lines, Triangles and Pennants
4. Support
5. Waves
6. Resistance
7. Highs, lows
8. Retest for resistance
9. Support
10. Support
11. Mid-range
12. Identify a low risk entry

Chapter 11 Answers:

1. False
2. Trend
3. Higher lows, lower lows
4. Lower lows, higher lows
5. Lower highs, higher highs
6. Higher highs, lower highs

7. 

8. 

9. 

10.