Test Your Basic Knowledge (Skip To Advanced)
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Question 1 of 19
1. Question
The largest financial market in the world
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Question 2 of 19
2. Question
Forex stands for
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Question 3 of 19
3. Question
What are the four major trading sessions?
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Question 4 of 19
4. Question
What two sessions make up the Asian session?
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Question 5 of 19
5. Question
The Asian session has ____ liquidity and ____ trading volume.
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Question 6 of 19
6. Question
What position is placed below?CorrectIncorrect -
Question 7 of 19
7. Question
_____ candlesticks are known as BEARISH candlesticks. Bearish candle (indicating a price decrease over the time period)
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Question 8 of 19
8. Question
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Question 9 of 19
9. Question
Japanese candlesticks contain ________________________: the open, high, low, and close of chosen time-frame.
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Question 10 of 19
10. Question
Difference between the BID and ASK price
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Question 11 of 19
11. Question
(1.00) is considered what type of lot size?
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Question 12 of 19
12. Question
Which displays a sideways range?
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Question 13 of 19
13. Question
Which displays an uptrend?
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Question 14 of 19
14. Question
Which situation indicates that staying out of the market is best?
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Question 15 of 19
15. Question
What refers to how you will enter and exit a trade?
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Question 16 of 19
16. Question
What is known as a market order when you click or tap “buy or “sell” in your trading platform and would instantly execute a buy or sell order at the exact price that you entered into the market?
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Question 17 of 19
17. Question
An order used by traders to automatically close their position once a certain profit has been made.
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Question 18 of 19
18. Question
Select the truest statement about resistance:
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Question 19 of 19
19. Question
At a support level:
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