This quiz will test how well you have learnt the lesson on: Pending Orders
Practice Quiz • 5 total points
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Question 1 of 5
1. Question
What is meant by the term “buy stop” in trading?
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Question 2 of 5
2. Question
Given that the current rate of EUR/USD is at 0.9875, an order to start buying EUR/USD at a rate 0.9800 would be:
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Question 3 of 5
3. Question
Given that the current rate of USD/JPY is at 142.58, an order to start selling USD/JPY at a rate of 145.00 would be:
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Question 4 of 5
4. Question
Given that currently EUR/USD is trading at 0.9850 and I am about to start buying the pair and set my stoploss level at 20 pips lower that would mean that my trade would automatically close should EUR/USD drop to:
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Question 5 of 5
5. Question
Given that currently EUR/USD is trading currently at 0.9850 and I am about to start buying the pair and set my take profit level 20 pips higher that would mean that my trade would automatically close should EUR/USD reach to: