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Forex quiz

forex quiz

It seems that the pop-psychologists can’t decide this year whether “Blue Monday” (supposedly the most depressing day of the year) was last Monday (14th) or next Monday (21st).

Either way, it’s cold, it’s dark, and there’s tax bills to be paid. So I thought, it’s Friday afternoon – let’s have a bit of fun.

Here’s the Trader’s Bulletin Forex Quiz for you to rank yourself by … see how you get on. (Don’t worry, no one’s checking your results – you can even mark your own papers!

Forex Quiz

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18 comments

  • Peter Robert

    I scored 14. Where are the results please? Also, the recommendation to look in the free Learn Forex book is completely unhelpful. For example I have no idea what GDP estimates are and a search on that within your Learn Forex PDF PDF produces nothing.

    Wouldn’t it have been far more useful to simply provide the answers with accompanying explanations please?

    • A

      Hi Peter, apologies for the slow reply – I’ve been away on holiday. Thanks for your feedback on the quiz. Points taken and I’ll be making adjustments to this now. Mark

  • I scored 18 – however I think the answer to Q.17 should be 87.990? Giving me 19 possibly? 🙂

    • A

      Hi Craig,

      the value of a pip on USD/JPY is 0.01 rather than the more normal 0.0001.

      So 87.96 + 0.30 (30 pips) = 88.26

      Regards,

      Mark

  • Great test. 6,8,9,15,16 wrong shows a weakness in fundamentals. Thanks, Mark.

  • I have 3,12,16,18,20 wrong. Good test.

  • I am surprised that jewlery given as main use for gold considering the many tons held by central banks, and still being bought by them, as well as all the investment holdings by ETFs such as GLD.

  • STEPHEN ASHDOWN

    Surprisingly! I got 15/20! Q.14 was a guess I got right and Q.15 I got wrong.

    P.S. I’ve got so much to do at home, I still couldn’t resist this quiz. Well done Mark.

  • Question:
    How to know when to buy or sell to make minimum 1:3 risk:reward.

    only IQ i think that matters.

  • Roger B.

    6, 8,11,20 all wrong… Should at least have got No.11 right. 🙁
    Hold my head in shame ! (Now, who can I blame !).

  • Wish my trading results were the same—

  • What a good idea, especially when its snowing.
    For me my main failure was the numerical questions Q5,Q11&Q17 I really must practice simple arithmatic.

  • A

    Hi Nigel, the value of a pip can vary from currency pair to currency pair. On USD/JPY it is 0.01 rather than the normal 0.0001

  • Scored 16
    Is answer to question 17 correct ?

  • Martyn Young

    Scored 17 –
    Mark – It would be a good idea to do this quiz on a monthly basis

  • Urgh! Too ashamed to post my results! Back to school for me.

  • A

    Not a bad result! Thanks for pointing out the error – should be fixed now.

  • Scored 15… Question #7 has some discrepancy.. The answers in the survey and the answers in the test results are different.

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