Trading The Euro

Question 1

The top five traded pairs are…

Answer 1

EUR/ USD ; GBP/ USD ; USD/ JPY ; AUD/ USD ; USD/ CHF

Question 2

As we can see, EUR/ USD is actually the … profitable pair at many times thorough out the day, despite its raving popularity.

Answer 2

Least

Question 3

The largest FX market in the world is …

Answer 3

London

Question 4

…. Is the second largest FX market centre.

Answer 4

The US

Question 5

Profitability on … is actually above or near 50% for much of the Asian trading session.

Answer 5

EUR/ USD

Question 6

After the US closes for the day, trader profitability stays above …% until London opens the next morning.

Answer 6

45

Question 7

The … session typically sees smaller price movements than what may happen during the very active times of the day

Answer 7

Asian

Question 8

The average movement of the … currency pair is far smaller during the Asian trading session than during the active hours of the day.

Answer 8

EUR/ USD

Question 9

Traders could use the volatility of the markets during the …. hours to their advantage by aggressive risk-reward ratios with breakout strategies.

Answer 9

active

Question 10

With …. strategies, traders are monitoring support and/ or resistance, waiting for a break of the price level with the expectation that once the break is made, the price will continue running in the direction, allowing for the maximization of profits in instances when the trader is correct

Answer 10

Breakout