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Which exotic pairs are good to use for trading?

Mar 28, 2022 at 10:40
Vues 426
7 Replies
Membre depuis Aug 21, 2021   posts 61
Mar 28, 2022 at 10:40
Please share your experience on what exotic pairs are quite good for trading.
kaiaviv (Fu7Ke)
Membre depuis Mar 25, 2022   posts 3
Mar 30, 2022 at 03:28
EURUSD is very good, the spread is small
Barton (Barton90)
Membre depuis Mar 30, 2022   posts 6
Mar 30, 2022 at 06:39
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.
Membre depuis Nov 12, 2020   posts 13
May 16, 2022 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.
Membre depuis May 04, 2019   posts 26
Aug 14, 2022 at 16:44
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).
Membre depuis Aug 20, 2019   posts 21
Aug 14, 2022 at 17:09
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.
Membre depuis Aug 15, 2022   posts 7
Aug 15, 2022 at 15:24
rouble was best performing currency this year so could try that
Membre depuis Aug 17, 2022   posts 45
Sep 07, 2022 at 11:53
I usually go for EUR/USD currency pairs as they are the most valuable because they provide the highest liquidity among other pairs.
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