At the moment my least favourite pair is GBP/USD for obvious reasons. I mostly trade with major pairs but the Pound has not been in a good state for a long time. The inflation in the UK is not helping at all. I hope Pound regains its strength in the long run.
I avoid exotic pairs because they are highly volatile and illiquid. The spreads are exceedingly wide, and the market is shallow. They are riskier than major pairs, which are more stable. Exotic pairings have low trading volumes, which leads to a lack of liquidity, which is why I personally do not like trading in exotic pairs.
Exotic pairs are my least favourite. But still I feel tempted to trade them once in a while since they move a lot. The volatility is surely an attraction but thinking of the risk and spreads surely make me step back.
I stick to only major pairs. They are less volatile and have high liquidity, making them profitable to trade. Moreover, they have low spreads, which makes them less expensive. Example; EUR/USD, USD/CAD, GBP/USD, etc.
Selecting the right trading pair is very important for the growth of trade. I avoid trading with exotic pairs, like many other traders, as they are highly volatile and have high spreads, which make them costly to trade. Moreover, such pairs are highly unstable due to the currencies involved, making them very hard to predict.
Any pair with insufficient liquidity, in my opinion, will be tough to trade because it will be difficult to enter and exit deals. Pairs with significant volatility and an unpredictable nature can also make trading more challenging. When it comes to trading, exotic pairs are considered the most dangerous. These pairs will include currencies from developing economies as well as major currencies. When trading an exotic pair, the chance of slippage increases. Exotic currency pairs include USD/TRY, EUR/HUF, USD/ZAR, TRY/JPY, and others.
Justin990 posted: My least favorite and the currency pairs I avoid trading the most are exotic currency pairs because they are high in volatility and harder to predict compared to major or minor pairs.
I do not believe in it. Yes exotics may be volatility (and most of all volatility), but the same trading signals works with them. I mean you can make technical analysis by using the same indicators that you used to choose.
고위험 경고: 외환 거래는 모든 투자자에게 적합하지 않을 수 있는 높은 수준의 위험을 수반합니다.
레버리지는 추가적인 위험 및 손실 노출을 만듭니다. 외환 거래를 결정하기 전에 투자 목표, 경험 수준 및 위험 허용 오차를 신중하게 고려하십시오.
초기 투자의 일부 또는 전부를 잃을 수 있습니다. 잃을 여유가 없는 돈을 투자하지 마십시오. 외환 거래와 관련된 위험에 대해 스스로 교육하고 궁금한 점이 있으면 독립 금융 또는 세무사에게 조언을 구하십시오.
모든 데이터 및 정보는 정보 제공 목적으로만 있는 그대로 제공되며 거래 목적이나 조언을 위한 것이 아닙니다.
과거의 성과는 미래의 결과를 나타내는 것이 아닙니다.