Rich Is Right FOREX Academy

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| By Pop Ash
P
Pop Ash
Community Contributor
Quizzes Created: 1 | Total Attempts: 35
Questions: 10 | Attempts: 35

Rich Is Right FOREX Academy - Quiz

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Questions and Answers
  • 1. 

    Name this candle stick pattern 

    • A.

      Bullish engulfing 

    • B.

      Bearish engulfing 

  • 2. 

    What are the steps to take when you want to add a stop loss (SL) & a take profit (TP) to your running trade 

  • 3. 

    What is Forex market?

    • A.

      The buying and selling of pips

    • B.

      This is the online market place where various national currencies are traded

    • C.

      This is the selling of currencies 

    • D.

      This is the buying of currencies

  • 4. 

     James has done his technical analysis on USDCAD and is looking to take a sell list the steps james should take to do so,  now that he has opened his mt4 app.

  • 5. 

    If you wish to close yours running trade outline below explaining how you would do so.

  • 6. 

    What are currency pairs 

    • A.

      A currency pair is a quote of the exchange rate for two different currencies traded 

    • B.

      A currency pair is the exchange rate of currencies 

    • C.

      These are pairs in the market that shows currencies during the day

    • D.

      These are pairs in the market that feeds the bulls

  • 7. 

    How do you breakeven on a trade?

  • 8. 

    Name this candle stick pattern

    • A.

      Bullish engulfing 

    • B.

      Bearish engulfing

  • 9. 

    How do you switch to different time frames on your mt4 app?

  • 10. 

    Name the candle stick inside the rectangle 

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