TRADING TRIVIA

A vivid illustration of a bustling trading floor with traders analyzing charts, currencies, and screens filled with market data, symbolizing the spirit of trading and finance.

Master Your Trading Skills

Test your knowledge with our engaging Trading Trivia quiz! Whether you're a seasoned trader or just starting out, this quiz is perfect for anyone looking to enhance their trading acumen. With questions ranging from market sessions to trading strategies, you can challenge yourself and learn more about forex.

  • Multiple choice format
  • Learn about trading strategies
  • Track your results
15 Questions4 MinutesCreated by ChartMaster507
Which currency pairs are the best to trade in the London session?
Any pair
GBP pairs
CAD pairs
USD pairs
What are the four different sessions?
London,New York,Sydney,Tokyo
London, Washington,New Zealand,Japan
Canada,Washington,New Zealand,Tokyo
All of the sessions overlap
Which of the following are examples of pending orders?
Buy limit
Buy order
Sell limitation
Sell reversal
Identify the trend being shown
Uptrend
Downtrend
Consolidation
Reversal
What are the other names given to support and resistance?
Floor and Ceiling
Basement and Roof
Stairs and Attic
Top and Bottom
What is the name given to how the candlesticks portray market movements
Price Action
Candlestick patterns
Candle Action
Candle Formation
What happens in the markets that allows us to find a RE-ENTRY for a trade?
Pullbacks
Candlestick patterns
Imbalance
Harmonic patterns
What tool is used to find the 'golden ratio' when trading?
Fibonnaci
EMA
R:R Calculator
Ruler
What lot size should you use per $500 account?
0.05
0.20
0.5
0.02
What does a break in structure show you?
A change in direction of the trend
Donald Trump speaking
How news effects trades
Continuation
If you enter a gold trade at 1938, and take your profit at 1967, how many pips have you caught?
290
490
276
312
What is the maximum amount of your account you should risk per trade?
1-3%
A little
Risk it all babyyy
10-20%
In an XXX/USD pair, if the DXY drops, what direction is the XXX/USD market going in?
UP
DOWN
ITS CHILLING
SIDEWAYS
When twin trading, do you:
Half the lot size
Double the lot size
Risk your whole account
Use a bigger lot size
What can help you identify price reversal zones?
Break in structure
Engulfing candle
Doji candle
Signal
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