Trading Assessment Quiz – Will you be the first to pass?

1. Fundamental analysis analyzes markets and securities by looking at ________

2. True or False: The 1-hour time chart is the best one for use with fast moving markets

3. If BC retraces AB by 50%, what minimum Fibonacci percentage should you expect for CD?

4. Select the best statement(s). Gaps in a security’s occur because of ________

5. One widely available tool used by professional traders but not by retail traders is

6. Which foundational tool works best to confirm Fibonacci levels in the market

7. Traders must be ______ to have the best chance of winning in the long run

8. What is technical analysis?

9. A full Elliott wave cycle contains how many waves

10. The largest financial market in the world is the _____

11. The most important Fibonacci numbers are

12. If currency pairs GBP/AUD and GBP/CAD have a correlation of 0.88 it is likely because

13. What’s one of the first things a new trader should do to prepare to do technical analysis?

14. What is the most important factor determining whether a candlestick will denote a reversal point in the market?

15. Risk in markets is best described as ________

16. What is the “sweet spot” for buying in a rising impulse wave