Auction Market Theory · quizAuction Market Theory quizValue, acceptance, balance and imbalance.Tap an answer to check it. Each one explains why — read those even when you're right.The auction1. In auction market theory, what is the market's primary function?A To predict future pricesB To facilitate trade between buyers and sellersC To reward the most aggressive participantsD To keep price inside yesterday's range2. Price moves to a new high and trade dries up immediately. What does AMT suggest?A Strong acceptance of higher pricesB Higher prices are being rejectedC Nothing — volume is irrelevantD A guaranteed reversal3. Which pair best describes "acceptance" at a price?A One large candle through the levelB A gap through the level at the openC Time spent and volume built at the levelD A single large print on the tapeMarket states4. A market rotating between a stable high and low, repeatedly returning to the middle, is most likely in…A BalanceB ImbalanceC ExcessD Liquidation5. What usually follows an imbalance in the auction cycle?A Another imbalance in the opposite directionB A new area of balanceC A trading haltD A return to the exact previous range6. Which participants are most associated with moving value to a new area?A Scalpers trading inside the rangeB Market makers quoting both sidesC Other-timeframe participants acting with sizeD Nobody — value never moves0/6 answered← PreviousNext track: Microstructure →