Transitional Exam "Market Environment"

True or false. The less liquid a currency pair, the more volatility we can expect.
True
False
Which indicator is used to determine the strength of a trend?
ADX
Stochastics
Fibonacci Tool
Gartley
If the price bounces between a specific low price and a particular high price, what type of market scenario is seen?
Ranging
Trending Up
Trending Down
True or false. The lower the value of ADX, the stronger the trend.
True
False
In an uptrend, the price usually forms...
Higher highs and lower lows
Lower Highs
How can you protect yourself against sudden reversals?
By placing a stop loss
By placing no stop loss
By closing my eyes
By talking on the phone with my baby mama"s" (For the Traplords)
0
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