Trading Quiz - 7

Hassan has opened two types of orders:

1. 1.5 lot BUY STOP at 137.079, TAKE PROFIT at 141.979, STOP LOSS at 132.000.

2. 2 lot SELL LIMIT at 144.000, TAKE PROFIT at 135.000, STOP LOSS at 145.019.

After Jackson Hole Symposium, USDJPY jumped from 137.079 to 143.897. After that, USDJPY goes back down to 134.576.

Based on Hassan's order and recent movement on USDJPY after Jackson Hole Symposium, what is his Profit or Loss?

• BUY STOP P/L: 735,000 JPY

  SELL LIMIT P/L: 0

• BUY STOP P/L: 735,000 JPY

  SELL LIMIT P/L: 1,800,000 JPY

• BUY STOP P/L: 1,022,700 JPY

  SELL LIMIT P/L: 0

• BUY STOP P/L: 1,022,700 JPY

  SELL LIMIT P/L: 1,864,200 JPY

Momen opened a 2.7 lot SELL order on AUDUSD at 0.69580.

He hold the position for a total of 3 days.

What is the total swap based on the swap charges below?

Swap Long: -3.2

Swap Short: 1.5

• -25.92 USD

• 25.92 USD

• -12.15 USD

• 12.15 USD

Garrett is contemplating on the following brokers:

ZFX UK with leverage of 1:30

FBD with leverage of 1:100

Based on the brokers above with respective leverage, what is the total margin required to open 1.3 lot of USDJPY?

• ZFX UK: 4,333 USD

  FBD: 1,300 USD

• ZFX UK: 433.3 USD

  FBD: 1,300 USD

• ZFX UK: 4,333 USD

  FBD: 130 USD

• ZFX UK: 433.3 USD

  FBD: 130 USD

Bank of England announced that interest rate will be increased to fight rising inflation.

Following their statement, EURUSD rose from 0.99710 to 1.11520. After a few hours, it continues to go up to 1.21520.

If Kush opened a 0.6 lot of EURUSD BUY at 0.99710, what is his profit for the first and second rise based on the price given above?

• First rise: 7,086 USD

  Second rise: 13,086 USD

• First rise: 7,086 USD

  Second rise: 6,000 USD

• First rise: -7,086 USD

  Second rise: -13,086 USD

• First rise: 13,086 USD

  Second rise: 0

Which of the following is not the focus of a central bank?

• Setting monetary policy and interest rate

• Setting fiscal policy and interest rate

• Ensure economic stability

• Regulate financial institutions

Stagflation is one of the major concern among central banks all around the world.

Which condition best explains stagflation?

• 1. Bad economy

  2. Price of goods rising rapidly

  3. High unemployment

• 1. Bad economy

  2. Price of goods is stable

  3. High unemployment

• 1. Bad economy

  2. Price of goods rising rapidly

  3. Low unemployment

• 1. Good economy

  2. Price of goods rising rapidly

  3. High unemployment

Coronavirus pandemic ravaged global economy since 2020. During pandemic, economic activities comes to a standstill due to lockdowns.

In year 2022, global economy shifted its course.

Currently:

1. Global economy performing well

2. Inflation is high

Based on the conditions above, what is the best possible action that central banks may take?

• Interest rate hike

• Interest rate cut

• No changes

• Interest rate cut to negative levels

US is announcing their presidential election results soon.

2 main contenders for the presidential election is Democratic's Joe Biden and Republican's Donald Trump.

During the entire period of election, USD depreciates rapidly.

Which explanation below best explain the scenario above?

• The event is viewed as a risk. Traders usually prefers low risk conditions.

• A change in country's leadership will not change how the country will perform.

• Traders expect US economy to perform better following the election.

• The event is viewed as a risk. Traders usually prefers high risk conditions.

It is the rollover or interest rate differential in between two currency of the pair you are trading.

Which term below best describe the explanation above?

• Spread

• Swap

• Interest Rate

• Rollover

Nasis conducted an analysis on GBPUSD.

Due to Brexit and European energy crisis, he expects GBPUSD to go up briefly before going down thereafter.

Fast forward a week, GBPUSD rose from 1.21750 to 1.36100.

After 2 days, its price go down to 1.21800.

Based on the price movement above, which order below will yield the best maximum profit? (Ignoring lot size)

• BUY ORDER

  Entry: 1.21750

  Take Profit: 1.36100

• SELL ORDER

  Entry: 1.36100

  Take Profit: 1.21800

• BUY LIMIT

  Entry: 1.21750

  Take Profit: 1.21800

• BUY LIMIT

  Entry: 1.21750

  Take Profit: 1.36000