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Which exotic pairs are good to use for trading?

no_frame
Mar 28 at 10:40
61 posts
Please share your experience on what exotic pairs are quite good for trading.
skihav
Mar 28 at 11:15
801 posts
Now pairs with the dollar can sometimes also be called exotic.
AhmadAli89
Mar 29 at 14:41
93 posts
Frankly, I have such a bad experience with the exotic trading pairs! That’s why, currently I use only the major Forex currency pair!
FredJones
Mar 30 at 01:49
44 posts
I avoid trading with exotic pairs since they are harder to predict and their liquidity never seems to stay higher. 

Beginners and newbies should stick with major or minor pairs to avoid consistent losses.
kaia7 (Fu7Ke)
Mar 30 at 03:28
2 posts
EURUSD is very good, the spread is small
Barton (Barton90)
Mar 30 at 06:39
6 posts
Fu7Ke posted:
EURUSD is very good, the spread is small
Agree. I also regularly trade on this pair. But I would not advise you to get involved with exotic ones, it is better according to the classics.
ChampChiri
May 16 at 21:18
13 posts
exotic pairs are distinguished by the lack of high liquidity and this thing actually makes them hard to trading. I firstly traded exotic pairs when I had already have a 6 months experience in trading because I understand that high liquidity market is more preferable to me. Yeah, one can state that low liquidity means less volatility and it's true, but I got used to earn money on the volatile market that's why I am not interested in exotic pairs. Try something like gbp/mxn, I guess nowadays it's quite a fascinating currency pair. Try to combine the currencies based on the situation in the region, latin america for example these days is developing.
Vozil559
Aug 14 at 16:44
25 posts
Let's sort it out.
Exotic currency pairs are two economies that are still difficult to call developed.
So, it is a lack of stability (if we are talking about technical analysis).
It may be suitable for fundamental trading (but again, you have to wait for the moment and follow the situation very carefully).
Beallador
Aug 14 at 17:09
20 posts
It is difficult to give specific advice on such matters. It is not, after all, a general recommendation.) So maybe you should listen to the majority opinion - use basic or cross pairs, and try exotics on demo for now and draw conclusions.
Maybe with time you will give up the idea altogether.
Zenith58
Aug 15 at 15:24
5 posts
rouble was best performing currency this year so could try that
Parker09
Sep 06 at 11:38
60 posts
If you are a beginner, I suggest avoiding exotic pairs since they are low in liquidity and have less trading activity compared to the major currency pairs.
Fx_keeth
Sep 07 at 11:53
45 posts
I usually go for EUR/USD currency pairs as they are the most valuable because they provide the highest liquidity among other pairs.
Snorkel
Sep 08 at 10:05
24 posts
Only once have I dared to trade exotic pairs, which resulted in devastating losses. I lost my money and haven't played since. I just trade majors since it works the best for me.
Vermilion1
Sep 12 at 11:15
19 posts
You can try USD/HUF as it is one of the most popular exotic pairs. But a beginner should only trade major pairs until they gain some experience in the market. Exotic pairs are very risky to trade with as they often lack liquidity and are too volatile to begin with.
AhmadAli89
Sep 17 at 13:48
93 posts
There are hundreds of video tutorials available on youtube by watching which you can flourish your trading basic.
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