Please share your experience on what exotic pairs are quite good for trading.
Now pairs with the dollar can sometimes also be called exotic.
Mar 29 at 14:41
Frankly, I have such a bad experience with the exotic trading pairs! That’s why, currently I use only the major Forex currency pair!
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.
Beginners and newbies should stick with major or minor pairs to avoid consistent losses.
EURUSD is very good, the spread is small
Fu7Ke posted: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.
EURUSD is very good, the spread is small
May 16 at 21:18
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.
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