📚 STUDY SET

Macro & The News

12 practice questions with answers. Think you know them? Play them live →

1. A prop firm's 'daily loss limit' caps…
  • Lot size
  • Loss allowed in one day
  • Number of pairs
  • Leverage only
✅ Answer: Loss allowed in one day
2. A 'golden cross' is when…
  • 50 MA crosses above 200 MA
  • Price hits an all-time high
  • RSI hits 100
  • Volume doubles
✅ Answer: 50 MA crosses above 200 MA
3. Determining 'bias' before a trade means deciding…
  • The direction you're hunting, from structure
  • Which broker to use
  • The lot size only
  • The spread
✅ Answer: The direction you're hunting, from structure
4. Which session overlap usually has the highest volatility?
  • Sydney/Tokyo
  • London/New York
  • Tokyo/London
  • New York/Sydney
✅ Answer: London/New York
5. Geopolitical fear usually makes gold…
  • Fall hard
  • Catch a bid / rise
  • Delist
  • Split
✅ Answer: Catch a bid / rise
6. Overtrading most often comes from…
  • Boredom or emotion, not edge
  • Too few signals
  • Wide stops
  • Low leverage
✅ Answer: Boredom or emotion, not edge
7. VWAP stands for…
  • Volume Weighted Average Price
  • Variable Width Average Point
  • Volatility Weighted Ask Price
  • Verified Weekly Asset Price
✅ Answer: Volume Weighted Average Price
8. 'Fundamental Data Interpretation' teaches you to read…
  • The economic data that moves price
  • Only candlesticks
  • Broker terms
  • Tax forms
✅ Answer: The economic data that moves price
9. The 'Daily Launch Zone' P.O.I. is a level tied to…
  • Where the day's move tends to launch from
  • The lunch break
  • The weekly close only
  • Random price
✅ Answer: Where the day's move tends to launch from
10. 'Identity Lock-In' focuses on winning…
  • For the next 1,000 trades, via identity — not just today
  • One lucky trade
  • A giveaway
  • An argument
✅ Answer: For the next 1,000 trades, via identity — not just today
11. Gold is widely seen as a…
  • Safe-haven asset
  • High-beta tech play
  • Pure income asset
  • Stablecoin
✅ Answer: Safe-haven asset
12. Fibonacci retracement's most-watched level is often…
  • 23.6%
  • 61.8%
  • 88.6%
  • 127%
✅ Answer: 61.8%

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