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Market Trader Chapter 2 Test

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1.
1 point
A Bull or Bullish market represents an:
2.
1 point
What is a nickname for GBPUSD
3.
1 point
EURUSD would be seen as:
4.
1 point
If you enter a level where your trade would automatically close to prevent further loss it is called a:
5.
1 point
If you don't use any indicators to trade you are trading
6.
1 point
Can you trade metals such as gold through a forex trading platform?
7.
1 point
EURUSD, USDCHF and USDJPY are all major pairs, what is the other major pair?
8.
1 point
An account where you do not use real money to trade is called a :
9.
1 point
When the price turns for a short time and then turns back to continue with the trend it has:
10.
1 point
When your account balance is $1000 and you have open trades which are currently $200 in profit your account equity would be:
11.
1 point
1 Standard Lot represents
12.
1 point
The difference between the market price and the price the broker gives us for a certain currency pair is called:
13.
1 point
If you are going to trade upwards you will open a
14.
1 point
When price turns and continues to run in the opposite direction the price has:
15.
1 point
If the price of EURUSD moved from 1.3445 to 1.3455 , how many pips would the price have moved?
16.
1 point
When a price keeps reacting on a certain level the level is called:
17.
1 point
How long would a position or trade be held when scalping
18.
1 point
If you open a short or sell trade you believe the market will
19.
1 point
If you would like to open a trade at the current market price you would open:
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