TRADING CURRENCIES

Peter Bain Forex Trading Video Course

Please answer the following questions correctly and if you do, you'll be eligible to win my GRAND PRIZE - "Elliott Wave Principle" book by Frost and Prechter! Hardcover edition from 2005, available at amazon.com for $24.00 plus S/H (at least $4).

Here are the questions:
  1. Who is the forex trader's best friend in the famous saying - "... is trader's best friend":
    • a/ trend
    • b/ Fibonacci
    • c/ a bottle of wine
  2. In forex traders' lingo "cable" means:
    • a/ trading signal send by fax
    • b/ British pound (GBP)
    • c/ network of banks and traders involved in trading currencies
  3. The best time to trade forex is:
    • a/ during London trading session (3 AM - 12 PM EDT)
    • b/ during NY trading session (8 AM - 5 PM EDT)
    • c/ during NY/London trading session overlap (8 AM - 12 PM EDT)
  4. Euro (EUR) is the national currency in each of these countries:
    • a/ France, Greece, Poland
    • b/ France, Greece, Belgium
    • c/ France, Greece, UK
  5. The most volatile major currency - giving the biggest opportunities for profit is:
    • a/ GBP
    • b/ USD
    • c/ EUR
  6. In forex trading, "going long" means:
    • a/ selling the base currency and buying the quote currency
    • b/ buying a base currency and selling the quote currency
    • c/ taking a rest in the washroom

    So how did you like it? Easy? I think so...
    To check if you answered correctly and see if you're eligible to win the bestselling book on trading, please click here.


INTRODUCTION
TO FOREX