Final Assessment

Final assessment

1. What does a rising EUR/USD price mean?

   The dollar has strengthened against the euro The euro has strengthened against the dollar Both currencies have risen
2. Which participant can influence a currency simply by changing interest rates?

   A hedge fund A central bank A retail broker
3. Which of these is a major pair?

   EUR/GBP USD/CAD AUD/NZD
4. On a standard lot of EUR/USD, what is one pip worth?

   $1 $10 $100
5. When you buy EUR/USD through a retail broker, who is the other party to your trade?

   Another retail trader The European Central Bank Your broker
6. How does an ECN broker typically earn?

   From client losses A fixed commission per lot on a raw spread From fixed spreads
7. If a broker without segregation goes bankrupt, what happens to client deposits?

   They are returned in full Clients queue with other unsecured creditors The regulator pays them
8. Which spread figure is most useful for comparing brokers?

   The minimum spread advertised The average spread over a period The maximum spread
9. What is the most a trader can lose in a prop firm evaluation?

   The full account balance The evaluation fee Nothing
10. Why do one-step challenges often use a trailing drawdown?

    Because traders prefer it To keep the filter as tight as two static phases would Regulators require it
11. You hit the target on day two of a phase with a five-day minimum. What should you do?

    Stop trading; the phase is passed Trade tiny sizes on three more days to satisfy the rule Withdraw the profit
12. You made 4,000 dollars on a funded account with an 80 percent split. What do you receive?

    4,000 dollars 3,200 dollars 800 dollars
13. Which of these does a demo account usually NOT reproduce faithfully?

    Spreads Order types Slippage and the emotional effect of losses
14. What does broker integration with TradingView let you do?

    Get free paid plans Trade from TradingView charts using your broker account Avoid spreads
15. Balance 5,000, open loss 400, margin 800. What is the margin level?

    625 percent 575 percent 500 percent
16. On MetaTrader 4 desktop, what happens to a trailing stop when you close the terminal?

    It keeps trailing on the server It stops moving and stays at its last level It is cancelled
17. At 1:100 leverage, how much margin does a 50,000-dollar position require?

    50 dollars 500 dollars 5,000 dollars
18. One mini lot of USD/JPY, 10,000 dollars notional, at 1:50. What is the required margin?

    50 dollars 200 dollars 500 dollars
19. One mini lot of USD/CAD at 1.3500 in a USD account. Pip value?

    1.00 dollar 0.74 dollars 1.35 dollars
20. An account falls 40 percent from its peak. What gain recovers it?

    40 percent 60 percent 67 percent
21. Which timeframe combination reads context first?

    Enter on the daily, check the five-minute Check the daily, enter on the hourly Only use the one-minute chart
22. Price spikes above a range ceiling and closes back inside the range on the same candle. What is this?

    A confirmed breakout A false breakout A new uptrend
23. In a strong uptrend, RSI has been above 70 for two weeks. What is the sensible reading?

    Sell immediately; it is overbought Momentum is strong; wait for a pullback to buy The indicator is broken
24. Which set shows genuine confluence?

    RSI, MACD and stochastic all oversold Daily uptrend, price at a prior swing low that matches a 50 percent retracement, hammer candle Three moving averages of different lengths
25. Which is the dominant fundamental driver of exchange rates?

    Company earnings Central bank interest rates and guidance The weather
26. A central bank holds rates but removes the phrase further increases may be appropriate from its statement. How is this read?

    Hawkish Dovish Irrelevant
27. Payrolls beat the forecast, but average hourly earnings come in far below expectations. What is the mixed reading?

    Purely hawkish Jobs strong but wage pressure easing, which softens the inflation case Purely dovish
28. Country A: 6 percent rate, 5 percent inflation. Country B: 4 percent rate, 2 percent inflation. Which has the higher real rate?

    A B They are equal
29. Which style is most sensitive to the spread?

    Position trading Swing trading Scalping
30. Your month was negative and your journal shows that most losing trades broke a rule. What should you change first?

    The strategy Your execution and discipline; the strategy has not really been tested The broker
31. A strategy performs superbly on the data it was tuned on and poorly on the following year. What is the likely explanation?

    The market has changed permanently The strategy was overfitted to the tuning period The broker changed spreads
32. A strategy's historical maximum drawdown is 12 percent. It is now 11 percent down with every trade taken by the rules. What does the plan say?

    Abandon the strategy Continue; the drawdown is within the expected record Double the size to recover