🔎 Forex Terminology Training Slides 11-16 of 1-16

The Training Slides below are part of the Free Basic Forex course for BEGINNERS.

Answer the easy (Yes/No) questions listed below each training slide in the comments section right at the bottom of this blog.

I will email your score back to you

I suggest that you save this Training Terminology link.

 

Question 11.

If you opened a 20k lot size Buy/Long type Trade/Position and the Market Value moved up by one pip your profit would be $3 (True/False)

 

 

 

Question 12.

When the Market Value reaches your Stop Loss level the system will automatically close your Trade/Position in a small loss?(True/False)

 

 

 

Question 13.

When the Market Value reaches your Take profit level, you will have to physically go into the Trade Interceptor app and close the Trade/Postion? (True/False)

 

 

 

Question 14.

If your risk to reward ratio for 10 trades is 5:1 and you only closed 2 out of the these 10 trades in a profit, that would mean you would not have made any profit over the 10 trades? (True/False)

 

 

 

Question 15.

One can only view Market Value price movement on one time frame? (True/False)

 

 

 

Question 16.

During South African time period of 08h00-11h00 in the morning, the Australian, Japanese, London and New York stock market times overlap (True/False)

 

 

Your answers in the comment section should look like the example list below with either a True or False behind the question number.

Q11.

Q12.

Q13.

Q15.

Q16.