MARKET PARTICIPANTS
_____ are online trading systems/platforms that provide retail traders with currencies to trade.
Brokers
What is Forex?
The Foreign Exchange Market
IM.CENTER
When you expect the currency's value to RISE:
BUY/ Placing a buy
EUR is an abbreviation for what currency?
Euros
These participants are called ___ investors because we trade our own money in order to gain profit in the market.
Retail investor
The rate that is paid when exchanging currency for another currency
Exchange rates
Where can live video sessions be found?
GoLive
What does it mean when the market is going short?
get ready to sell
Any pair that contains the US DOLLAR, is a _____ pair!
MAJOR
The Market closes for one hour every single day at this time...
5 - 6pm EST
The Forex Market trades $_____ a day, while the New York stock Exchange online trades $22 billion
$7.3 TRILLION PER DAY
How much is the Elite Starter Pack?
What is $324.95
What is a "Bearish" Market?
SELL / Placing a sell
True or False: You should only pick a few currency pairs to study
True
Name one financial institution named in the beginner IM Center Videos
Commercial Banks
Central Banks
3am EST - 8AM EST
Expert traders send trades for you to copy and paste on this app ______.
Swipetrades
THE RSI is a 30 and below means? Oversold or Overbought?
Name 3 of the most commonly traded currencies:
USD, EUR, GBP
What is one large MCN mentioned in Forex 100 series?
What is the currency ratios for exchanging mentioned in the presentations? Explained fully with the euros and USDs
2:1 to 4:1 (1 Eur = 2 USD) (1 EUR = 4 USD)
Who is Christopher Terry?
CEO and Founder of IM Mastery
What is twin trading?
Entering two trades at the same time with the same entries
What is the currency pair that moves with the same pattern for each one of them?
GBPAUD GBPUSD GBPJPY GBPCAD GBPCHF GBPUSD GBPNZD