1 Which is the largest market in the world?
2 Which of the following is a cross currency pair?
3 In a bull market, a.................. level is an area that price has difficulty breaking through to the downside.
4 How many top and bottom does it take to confirm a trend line?
5 What is the difference between bid and ask price called?
6 1 mini lot consist of how many units?
7 What do you call a stop loss order attach to a trade that moves as price fluctuate?
Buy stop loss
Trailing stop loss
8 In the quote EUR/USD = 1.42345, what is one pip equivalent to?
9 What do you call an order that is placed to buy above the market or sell below the market at a certain price.
Stop entry order
10 What is the term used to describe trading with borrowed capital?
11 What type of market is forex?
12 If you have 1000$ account balance with 1:500 leverage,what is the margin required for 1 standard lot in EUR/USD @price 1.13205.
13 If u have taken 1 standard lot position at 1.13250 EUR/USD and book order at 1.13290,what is your profit amount?
14 What is market order?
An order that needs to be filled today
An order to buy at the market price
An order to buy and mark the orders
An order to limit the order to certain markets
15 A support level is a price level price could not historically break below and went higher from.
16 A sell limit order is below current price.
17 Login your MT4, and choose the correct steps to open an order window and place your trade.
From the Market Watch window, Double-click on the market you want to open and an order window will appear.
Right-click on the chart window, select 'Trading' and then 'New Order'
Both of the above
None of the above
18 What does the navigator tab on the MT4 do?
Stores your account information
Includes technical analysis tools
Stores your expert advisors and scripts
All of the above
19 When you close a trade you can see it on…
The News tab on the terminal
The Account History tab on the terminal
The Market tab on the terminal
The Trade tab on the terminal
20 A limit order that has not yet been executed, is said to be _________.
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