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Contact Information: Pls include complete contact info. Otherwise, your test will not be checked.
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Name:
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Tel/Cel:
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Fax:
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Email:
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15 QUESTIONS
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Answer the following by clicking on the button:
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1. One way to Make Money in Forex Trading is to:
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Buy Low, Pray Hard
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Buy High, Sell Low
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Sell High, Buy Low
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Buy Low, Sell Low
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None of the Above
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2. The minimum capital amount needed to trade a Mini Forex Account is:
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US$ 100,000.00
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US$ 10,000.00
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US$ 300.00
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US$ 25.00
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None of the Above
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3. In Forex Trading, Currency is always traded:
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As a Single Currency
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In Currency Pairs
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In Currency Triplets
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In Currency Quadruplets
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None of the Above
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4. A Margin Account allows the Forex Trader to:
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Trade Stocks and Commodities
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Trade with Confidence
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Trade with Leverage
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Trade with Intuition
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None of the Above
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5. Technical Analysis is essential to Forex Trading because:
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It provides you with Better Reflexes
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It provides you with Fundamental Information
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It provides you with Historical Price Information
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It provides you with a Technical Support Staff
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None of the Above
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6. The Difference between the Ask and the Bid is called:
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A Basis Point
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A Price Interest Point
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The Spread
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The Offer Price
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None of the Above
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7. When the Market is Long, this means:
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The Market is Going Down
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The Market is Going Up
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The Market is Stretching
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The Market is Trending
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None of the Above
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8. When a Positive Divergence occurs on the MACD, this indicates:
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It’s time to be positive
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It’s time to be negative
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It’s time to stop and wait
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What???
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None of the Above
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9. When the Relative Strength Index reads 75.6, it shows:
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Huh???
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The Market is Oversold
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The Market is Overbought
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The Market is busy
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None of the Above
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10. In an Up trending Market, Support can be found:
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In Other Traders who will support me
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In a Trader with a lot of Money
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In a Loved One
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In other Traders who continue to buy
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None of the Above
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11. In a Down trending Market, Resistance can be found:
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In Other Traders who will support me
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In a Trader with a lot of Money
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In a Loved One
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In other Traders who continue to buy
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None of the Above
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12. When Support and Resistance Lines are drawn together, they
produce:
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A Channel
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A Tunnel
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Bull and Bear Traders
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A Confused Trader
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None of the Above
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13. When a Trader shorts a trade, he/she is:
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Selling
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Buying
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Praying
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Crying
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None of the Above
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14. Buyers in the Forex Market will cause prices to:
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Go Up
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Go Down
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Stop Moving
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Go Side Ways
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None of the Above
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15. Sellers in the Forex Market will cause prices to:
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Go Up
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Go Down
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Stop Moving
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Go Side Ways
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None of the Above
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