Forex Trading Test 4
Which of these is roughly where signal ones meet?
Correct answer:
Kijun line
Who was the Ichimoku trading system's creator?
Explanation:
Goichi Hosoda (, Hosoda Goichi), a Japanese journalist formerly known as Ichimoku Sanjin (, Ichimoku Sanjin), which translates to "what a man in the mountain sees," created it in the late 1930s. Before making his discoveries widely known in the late 1960s, he spent 30 years honing the approach.
What indicator is utilized to determine market trends?
Explanation:
Moving averages are sophisticated indicators that are mostly utilized by forex traders to describe the trend they are managing. It makes advantage of historical currency performance data. By maintaining a continuous update on the average price, the moving average computation smooths out the price.
Which one of these is not a forex trader?
Explanation:
A commercial bank is a type of financial institution that accepts public deposits and grants borrowers loans for profit-making investments and consumption. To distinguish it from a retail bank and an investment bank, it can also refer to a bank, or a section of a big bank, that works with corporations or a large/middle-sized firm.
Which of these is not a particular trait of the foreign exchange market?
Explanation:
Your 24-hour daily sleep cycle, which includes roughly 16 hours of daytime awake and 8 hours of nighttime sleep, is known as the sleep-wake cycle. Your brain, which manages all bodily internal processes, is in charge of this.
Which of the following technical analysis terms is peculiar?
Correct answer:
Gremlin pattern
When did Singapore first overtake Japan in the market?
Correct answer:
April 2013
How long is each trading session?
Which of these would be considered currency market "hawks"?
What global location is the most significant for trading foreign exchange in 2018?
Explanation:
London is home to the biggest OTC hub. The United Kingdom holds the most dominating and powerful forex trading center in the world because U.K. trading accounts for about half of all worldwide forex trading volume. Despite not frequently trading currencies, central banks have a considerable impact on foreign exchange rates.
