Which exotic pairs are good to use for trading? | Diễn đàn Forex của Myfxbook

no_frame

Tham gia từ Aug 21, 2021 61bài viết

Mar 28, 2022 at 10:40

Tham gia từ Aug 21, 2021 61bài viết

Please share your experience on what exotic pairs are quite good for trading.

Fu7Ke

Tham gia từ Mar 25, 2022 5bài viết

Mar 30, 2022 at 03:28

Tham gia từ Mar 25, 2022 5bài viết

EURUSD is very good, the spread is small

Barton90

Tham gia từ Mar 30, 2022 6bài viết

Mar 30, 2022 at 06:39

Tham gia từ Mar 30, 2022 6bài viết

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

Tham gia từ Nov 12, 2020 13bài viết

May 16, 2022 at 21:18

Tham gia từ Nov 12, 2020 13bài viết

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

Tham gia từ May 04, 2019 26bài viết

Aug 14, 2022 at 16:44

Tham gia từ May 04, 2019 26bài viết

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

Tham gia từ Aug 20, 2019 21bài viết

Aug 14, 2022 at 17:09

Tham gia từ Aug 20, 2019 21bài viết

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

Tham gia từ Aug 15, 2022 7bài viết

Aug 15, 2022 at 15:24

Tham gia từ Aug 15, 2022 7bài viết

rouble was best performing currency this year so could try that

Fx_keeth

Tham gia từ Aug 17, 2022 45bài viết

Sep 07, 2022 at 11:53

Tham gia từ Aug 17, 2022 45bài viết

I usually go for EUR/USD currency pairs as they are the most valuable because they provide the highest liquidity among other pairs.

😄	😐	😡	😁	😀
😑	😈	😲	😭	😎
😝	😳	😕	🙄	😞
🙃	😱	😇	😉	😂

😄	😐	😡	😁	😀
😑	😈	😲	😭	😎
😝	😳	😕	🙄	😞
🙃	😱	😇	😉	😂

EURUSD	1.073	GBPUSD	1.2538	AUDUSD	0.6566
USDJPY	153.436	USDCAD	1.36692	USDCHF	0.91005