In Forex trading, HFT refers to?

A) High-frequency trading
B) Hyper frequency trading
C) Hoover frequency trading
D) none of the above

The wrong answers are B) hyper frequency trading, C) Hoover frequency trading, and D) none of the above.

The correct answer is A) high-frequency trading. High-frequency trading refers to computer-driven trades that happen in milliseconds, and take very small amounts of profit out of the marketplace.

An expert advisor is?

A) A trading robot
B) a trading specialist
C) a broker’s representative
D) none of the above

The wrong answers are B) a trading specialist, C) a broker’s representative, and D) none of the above.

The correct answer is A) a trading robot. An expert advisor is an algorithm that automatically trades the Forex markets. It is based upon calculations that hopefully make money over time and enters and exits the market automatically.

A cross pair is one that?

A) Has the US dollar in it
B) doesn’t have the US dollar in it
C) one that crosses multiple time frames
D) none of the above

The wrong answers include A) has the US dollar in it, C) one that crosses multiple time frames, and D) none of the above.

The right answer is B) a currency pair that does not have the US dollar in it. As the US dollar is the world’s reserve currency, all major pairs include the greenback.

A liquid currency pair is one that?

A) Moves a lot
B) barely moves
C) stands still
D) none of the above.

The wrong answers include B) barely moves, C) stands still, and D) none of the above.

The correct answer is A) moves a lot. This is because there is a large amount of volume in the market.