Font size
WorksheetsFOREIGN EXCHANGE QUIZ
Total questions: 27
Worksheet time: 14mins
The activity of buying and selling,
or exchanging, goods and/or services between people or countries.
Forex Trading
Trading
Selling
Marketing
a method of trading stocks, currencies, etc. through electronic stock markets ,forex ,crypto currency.
Seach Engine Optimization
Electronic Trading
Digital Currency
Online Selling
Most Common Market We Trade:
*multiselect
Stock Market
Forex
Digital\Crypto Currency
Electronic Selling
The _____________ market, often referred to as the Forex or FX market, is considered to be the largest and most liquid market in the world. With an average daily trading volume of approximately $5 trillion, the currency market dwarves other, more traditional means of investment such as the stock market.
Online Shopping
Crypto Currency
Digital Selling
Foreign Exchange Trading
The 6 Forex Institutions:
Firms/Corporations, Central Banks, Individual Traders, Financial Institutions, Commercial Banks, Investment Hedge Funds
Market Selling, Central Banks, Individual Traders, Financial Institutions, Commercial Banks, Financial Institutions
Central Banks, Fast Food Chains Individual Traders, Financial Institutions, Commercial Banks, Commercial Enterprises
Central Banks,Fast Food Chains Individual Traders, Financial Institutions, Commercial Banks, Business Enterprises
All of the Following are the qualities of Forex Trading except:
To succeed, you must be willing to work hard and master this professional skill!
Recession Proof!
3-6 hours a day is more than sufficient
No Employees, Office or Inventory
Once a week to trade
All of the following are Qualities of Forex Trading Except
Minimal Time Commitment
Mini Trading account starts at USD200
Minimal Investment
No Risk
All are The Business Forex Trading principles except:
24 HOURS Market Gives Flexibility
Build your business from anywhere in the world
Plan your daily trading routine around your day job
Maintenance proof and worry free
Forex is qouted in currency pairs. Each currency is given a 3-letter code.
What country code is this: NZD
New Zealand Development
New Zealand
New Zealand Department
New Zealand Dollar
The following countries uses dollar as currency except
New Zealand
Great Britain
USA
Canada
Forex is qouted in currency pairs. Each currency is given a 3-letter code.
What country code is this: CHF
Swiss Franc
Switzerland
Canada
Swaziland
Forex is qouted in currency pairs. Each currency is given a 3-letter code.
What country code is this: CAD
Costa Rica
Canada
Curacao
Colombia
Forex is qouted in currency pairs. Each currency is given a 3-letter code.
What country code is this: JPY
Japan
Jordan
Poland
Yemen
EUR / USD = 1.35052
The second number 5 in 1.35052 ? is called
Fractional Pip
Quote Currency
Pip
Base Currency
The base currency has a value of_______?
100
10000
1
0.1
Contract Lot Sizes:
The standard lot has a value of__________?
10 dollars per pip
1 dollar per pip
0.1 dollars per pip
100 dollars per pip
Contract Lot Sizes:
The standard unit of a standard lot has a value of__________?
1,000
10.000
100,000
1
Contract Lot Sizes:
The standard unit of a mini lot has a value of__________?
100
1,000
100,000
1
Contract Lot Sizes:
The standard unit of a micro lot has a value of__________?
1000
100,000
1
100
Contract Lot Sizes:
The standard unit of a nano lot has a value of__________?
1
100
1,000
100,000
In Forex Trading, there are 4 enumerated kinds of traders,
What are the? Pick 4
Position Traders
Scalpers
Company Traders
Swing Traders
Day Traders
KINDS OF TRADERS:
These traders only targets 5 to 10 pips per day.
Postion Traders
Scalpers
Day Traders
Company Traders
KINDS OF TRADERS:
The following are the attributes of Swing Traders except:
Charts: H1 - H4
Trade Duration: Less Than a week
Target: 10-20 pips per day
The following are the attributes of Scalpers.
Target: 5-10 pips a day
Trade Duration: seconds-minutes
Charts: M1-M5
Target: 5-10 pips a day
Trade Duration: minutes to hours
Charts: M1-M5
Target: 5-10 pips a day
Trade Duration: seconds-minutes
Charts: H1-H5
Target: 50-100 pips a day
Trade Duration: seconds-minutes
Charts: M1-M5
The following are the attributes of Day Trader
Target: 5-10 pips a day
Trade Duration: Within a day
Charts: H1-H5
Target: 500-1000 pips a day
Trade Duration: Within a day
Charts: M1-M5
Target: 50-100 pips a day
Trade Duration: Within a day
Charts: M15,H1 and H4
Target: 20-100 pips a day
Trade Duration: Within a day
Charts: M1-M5
Attributes of Swing Traders
Target: 50-100 pips a day
Trade Duration: Within a day
Charts: M15,H1 and H4
Target: 50-150 pips a day
Trade Duration: Less than a week
Charts: H1 and H4
Target: 50-100 pips a day
Trade Duration: Less than a week
Charts: M15,H1 and H4
Target: 50-100 pips a day
Trade Duration: weeks to months
Charts: M15,H1 and H4
Attributes of Position Traders
Target: 500-1000 pips a day
Trade Duration: weeks to months
Charts: H1 - H5
Target: 50-100 pips a day
Trade Duration: weeks to months
Charts: D1, (Daily Candles), W1
Target: 500-1000 pips a day
Trade Duration: weeks to months
Charts: D1, (Daily Candles), W1
Target: 1500-10000 pips a day
Trade Duration: weeks to months
Charts: D1, (Daily Candles), W1
