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Which pairs are your least favorite to trade? And why?
Anggota Sejak Dec 05, 2020
81 pos
Anggota Sejak Jan 20, 2022
31 pos
Anggota Sejak Aug 05, 2021
401 pos
Mar 07, 2022 at 05:10
Anggota Sejak Feb 18, 2022
15 pos
Most traders avoid trading with pairs that have high spreads and high volatility. They are called exotic pairs. Such pairs are not profitable to trade because of the high level of risks associated with them. For instance, I have traded with EUR/TRF. It was a bad experience.
Anggota Sejak Jul 20, 2020
399 pos
Anggota Sejak Nov 03, 2021
9 pos
Anggota Sejak Nov 12, 2020
13 pos
May 23, 2022 at 17:55
Anggota Sejak Nov 12, 2020
13 pos
I notice traders claim about high volatility and they prefer less liquid currency pairs.
I stand for volatility because I am convinced that high volatility means th opportunity to earn more money potentially. Ofc, it's not right to hurry for money and traders should be wise and make moves gradually, nevertheless I believe that volatile pairs are the most suitable for scalpers and day traders. In case we are talking about the potential income. BUT, remember about mistakes, losses and other unpleasant things. They as a rule confuse traders and makes them scary of the market.
I am not afraid definitely =)
I stand for volatility because I am convinced that high volatility means th opportunity to earn more money potentially. Ofc, it's not right to hurry for money and traders should be wise and make moves gradually, nevertheless I believe that volatile pairs are the most suitable for scalpers and day traders. In case we are talking about the potential income. BUT, remember about mistakes, losses and other unpleasant things. They as a rule confuse traders and makes them scary of the market.
I am not afraid definitely =)
Anggota Sejak Jun 26, 2020
327 pos
Jun 14, 2022 at 11:43
Anggota Sejak May 24, 2022
17 pos
I think currency pair selection is an important part of your overall trading approach. But I understand a lot of Forex traders are confused about which currency pairs to trade. I typically do not trade in exotic pairs as they are highly volatile and are illiquid. The spreads are extremely wide and have a lack of market depth. They are riskier as compared to major pairs which are rather stable. Exotic pairs feature low trading volumes which lead to lack of liquidity which is why I do not like trading in exotic pairs which is my personal viewpoint.
Anggota Sejak Jun 03, 2022
17 pos
Jun 22, 2022 at 07:18
Anggota Sejak Jun 03, 2022
17 pos
Currently it is the EUR/CHF and the USD/CHF. The Swiss increased the interest rates unexpectedly and all of a sudden. This caused a major hike in the exchange rates of pairs involving the Swiss Franc. I’d prefer not to trade this at the moment.
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