1. Which session comes right after Tokyo in the daily cycle?
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Answer: London
2. The 'power hour' usually refers to the...?
- Final active hour of a session
- First minute
- Lunchtime
- Overnight
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Answer: Final active hour of a session
3. Spreads tend to be widest during...?
- London open
- Low-liquidity hours
- The NY overlap
- Midday
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Answer: Low-liquidity hours
4. GMT/UTC is commonly used in forex to...?
- Standardize session times
- Set leverage
- Price gold
- Calculate pips
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Answer: Standardize session times
5. Which session typically carries the most trading volume?
- Sydney
- London
- Tokyo
- Wellington
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Answer: London
6. Which day often has lower liquidity as the week winds down?
- Monday open
- Friday afternoon
- Wednesday
- Tuesday
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Answer: Friday afternoon
7. The 'Asian range' is often used later to trade...?
- Breakouts in later sessions
- Gold only
- News only
- Nothing
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Answer: Breakouts in later sessions
8. Which two sessions overlap for the highest liquidity?
- Sydney and Tokyo
- London and New York
- Tokyo and New York
- London and Sydney
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Answer: London and New York
9. Most forex brokers close for the weekend on...?
- Friday evening
- Saturday noon
- Sunday
- Never
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Answer: Friday evening
10. The New York session overlaps with London for roughly...?
- A few hours
- All day
- Twelve hours
- Never
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Answer: A few hours
11. The London session brings high volatility mainly to which pairs?
- EUR and GBP pairs
- JPY only
- AUD only
- Exotics only
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Answer: EUR and GBP pairs
12. The 'London killzone' in ICT refers to...?
- A window around London open
- The whole day
- NY close
- The Asian range
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Answer: A window around London open