QUIZ

New Forex Quiz

1. What is the name of the candlestick pattern on the image?

2. What type of doji candlestick is the one shown in the image?

3. What do 1 and 2 properties mean on the candlestick in the image below?

4. What is an EA?

5. One mini-lot represents:

6. The acronym PIP stands for:

7. – How is the price action on the image called?

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8- In which country were the Candlestick charts developed?

9- What does MT4 stands for in the most popular trading platform?

10- What is the code of Japanese yen?

11- What is the nickname of the GBP/USD pair?

12- A stop order set at a defined pip range away from the current market price which moves along with the price is called:

13- What is the name of the indicator shown in this image?

14- What is the name of the Swiss central bank?

15- What is the name of the chart pattern shown in the image?

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16- Which of the following intervals is not a common Fibonacci retracement?

17- When do you experience a slippage in Forex?

18- Fundamental analysis when applied to Forex focuses on:

19- What is the basic Elliott Wave pattern?

20- How many types of doji candlestick exists?

21- Which of the following is not a type of trading chart?

22- According to Elliot Wave structure:

23- Which of the following is not a bullish reversal pattern?

24- Denmark has a higher inflation than Sweden. In theory how does that affect the exchange rate between their currencies?

25. What is the name of the candlestick pattern on the image?

26- What is a Carry Trade?

27- What is the name of the candlestick pattern shown in the image?

28- Which chart pattern do you see in the image?

29- What is the name of the chart pattern shown in the image?

30- You have a long position in EUR/USD pair which has a strong positive correlation with EUR/SGD. If you want to hedge your long position you would:

31- Australian Dollar has a higher interest rate than the Euro. In theory how does that affect the EUR/AUD exchange rate?

32- Your USD denominated account has one opened long EUR/USD position with two standard lots. The price moves down seventy-three pips. Your order’s current balance is:

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