Takeover Just Run FOREX Quiz August 12, 2019

10 Questions | Total Attempts: 202

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Takeover Just Run FOREX Quiz August 12, 2019 - Quiz


Questions and Answers
  • 1. 
    What do traders expect when they see this pattern in the market?
    • A. 

      Divergence

    • B. 

      A continuation

    • C. 

      A reversal

    • D. 

      Consolidation

  • 2. 
    What do traders expect when they see this pattern?
    • A. 

      A continuation

    • B. 

      A reversal

    • C. 

      A spikes

    • D. 

      Consolidation

  • 3. 
    What are the four main trading sessions?
    • A. 

      Sydney

    • B. 

      Caribbean

    • C. 

      New York

    • D. 

      Tokyo

    • E. 

      African

    • F. 

      London

  • 4. 
    What are the 3 types of analysis?
    • A. 

      Fundemental

    • B. 

      Sentimental

    • C. 

      Neurological

    • D. 

      Technical

    • E. 

      Factual

  • 5. 
    What are the correct terms for Floor & Ceiling?
    • A. 

      Double Tops & Double Bottoms

    • B. 

      Support & Resistance

    • C. 

      Head & Shoulders

    • D. 

      Buy & Sell

  • 6. 
    What time frames does the Fibonacci retracement tool work on?
    • A. 

      M15 ONLY

    • B. 

      Bounceback

    • C. 

      H1 & H4

    • D. 

      All time frames

  • 7. 
    The Fibonacci Retracement Tool can be used as another confirmation.
    • A. 

      True

    • B. 

      False

  • 8. 
    The Harmonic Scanner and the Bounceback Tool only provide trades during the New York session
    • A. 

      True

    • B. 

      False

  • 9. 
    Is this pattern indicating a buy or a sell on the Harmonic Scanner?
    • A. 

      Sell

    • B. 

      Buy

  • 10. 
    What good habits do successful traders have
    • A. 

      They master one strategy

    • B. 

      They stick to a well developed Trading plan

    • C. 

      They stick to "Revenge trading"

    • D. 

      They never stop learning

    • E. 

      They find multiple confirmations before entering a trade.

    • F. 

      All of the above

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