What Level Trader Are You?

What Level Trader Are You?

What Level Trader Are You?

Find out what’s your level as a trader. This is a mix of general forex knowledge questions which will determine your experience and your level as a forex trader.

1 / 15

What is a ‘carry trade’ in Forex?

2 / 15

How do geopolitical events typically affect the Forex market?

3 / 15

What is meant by ‘price action’ in Forex trading?

4 / 15

In the context of Forex markets, what does ‘overbought’ and ‘oversold’ indicate in technical analysis?

5 / 15

How does quantitative easing typically affect a nation’s currency?

6 / 15

What effect does high leverage have on risk and return in Forex trading?

7 / 15

What is the impact of high volatility in the Forex market?

8 / 15

What does ‘market sentiment’ refer to in Forex trading?

9 / 15

What is the role of central banks in Forex trading?

10 / 15

What principle does the Elliott Wave Theory apply to Forex trading?

11 / 15

What does ‘divergence’ mean in the context of Forex trading?

12 / 15

What is the purpose of Fibonacci retracement levels in Forex trading?

13 / 15

Which pattern indicates a potential reversal from a downtrend to an uptrend?

14 / 15

What is the significance of the NFP report in Forex trading?

15 / 15

What is a ‘hedge’ in Forex trading?

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