Forex Quiz: What is Forex?
How well do you know the foreign exchange market?
How well do you know the foreign exchange market?
When starting something new, you have to know exactly how you will make money.
Will the currency pair go up or down?
Seasoned forex traders simplify currency pair names and refer to them using nicknames.
Can you recognize these common Japanese candlestick patterns?
The International Organization for Standardization publishes a list of standard currency codes referred to as the ISO 4217 code list.
It’s time to find out if you know the difference between a double top, a wedge, a pennant, and a triangle!
Test your basic technical analysis skills.
How well do you know your common chart indicators?
Like in all things you do, you need to have a schedule in trading forex.
Do you know who the major players are in the forex market?
How well do you know your Japanese candlesticks?
In trading, there are three main types of analysis: fundamental, technical, and sentimental.
Charts are cool because they make it easier for us to present exchange rates in a visual and organized manner.
Fibonacci ratios are used a lot in forex trading, so you better make sure you know all about them.
Confident you know enough about margin trading?
Do you know your currency symbols?
Harmonic price patterns are a little more complex than the classic chart patterns, but can can be a great addition to your charting tool box to spot opportunities.
You may not be Japanese, but understanding candlestick charts is one of the first things you should learn about forex trading.
It may be a simple concept to grasp, but have you mastered moving averages?
How well do you know bitcoin and the other altcoins?
Do you know why you’re going into forex instead of another business venture?
Gauging the strength of trends and potential exhaustion points in price action are important, and oscillators and momentum indicators can help!
Pivot points can be a great help for potential levels of interest or adjustments.
Here's another special type of chart to add to your arsenal! If you've mastered the basics of Heikin Ashi, then this quiz will be a piece of cake!
Most traders glance at a correlation table, nod, and do nothing useful with it. You've spent eleven lessons learning what those numbers actually mean for your risk, your sizing, and your survival during a market crisis. Let's find out how much of it stuck.
Test how well you understand the decisions behind scaling a trade, including when to scale in or out, how to pyramid, how ATR affects stops and spacing, and when zone-based scale-ins become risky.
Most traders know what a stop loss is. Far fewer know where to put one, why theirs keeps getting triggered early, or what actually happens when it executes in a live account. Think you're in the minority? Let's find out.
Most traders think they know how to size their positions. Then they open three correlated trades before a news event and watch their account do something they didn't plan for. Do you actually know position sizing, or do you just think you do?
Instead of thinking about where you are, think about where you want to be. It takes twenty years of hard work to become an overnight success.Diana Rankin