Quiz 8

Q1. In which year the Elliott theory was proposed?

A. 1935

B. 1939

C. 1964

D. 1969

 

Q2. How many waves a complete Forex cycle contains?

A. Four

B. Five

C. Eight

D. Nine

 

Q3. How many impulse and corrective waves are there in the Forex cycle?

A. 5 Impulse and 3 Corrective Waves

B. 4 Impulse and 4 Corrective Waves

C. 3 Impulse and 5 Corrective Waves

D. All of the above in different market situations

 

Q4. Which of the following is a rule for a valid Impulse Wave?

A. Wave 1 and Wave 2 should be at same heights

B. Wave 2 cannot pass the beginning point of Wave 1

C. Wave 2 cannot pass the ending point of Wave

D. None of the above

 

Q5. How many types of the Corrective Waves are there?

A. 3

B. 4

C. 5

D. 6

 

Q6. Which waves are in the trend direction?

A. Impulse Waves

B. Corrective Waves

C. Sometimes Corrective Waves and sometimes Impulse Waves

D. None

 

Q7. Which type of Flat is not seen in the price records?

A. Regular Flat

B. Running Flat

C. Expanded Flat

D. None of the above

 

Q8. Which is the most common Correction?

A. Zigzag

B. Flat

C. Triangle

D. Double and Triple Threes

 

Q9. Which Correction is of five overlapping waves?

A. Zigzag

B. Flat

C. Triangle

D. Double and Triple Threes

 

Q10. Which Relationship exists between the Fibonacci sequence and the Elliott Wave Principle?

A. 2-2

B. 4-4

C. 3-5

D. 5-3

 

Answer of Question 1: B

Answer of Question 2: C

Answer of Question 3: A

Answer of Question 4: B

Answer of Question 5: B

Answer of Question 6: A

Answer of Question 7: B

Answer of Question 8: A

Answer of Question 9: C

Answer of Question 10: D

1 thought on “Quiz 8

  • Pingback: Learn Forex Trading Stepwise Index - Fxstay

Comments are closed.