Which exotic pairs are good to use for trading?

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

Now pairs with the dollar can sometimes also be called exotic.

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.

EURUSD is very good, the spread is small

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.

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.

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).

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.

rouble was best performing currency this year so could try that

If you are a beginner, I suggest avoiding exotic pairs since they are low in liquidity and have less trading activity compared to the major currency pairs.

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

Only once have I dared to trade exotic pairs, which resulted in devastating losses. I lost my money and haven't played since. I just trade majors since it works the best for me.

You can try USD/HUF as it is one of the most popular exotic pairs. But a beginner should only trade major pairs until they gain some experience in the market. Exotic pairs are very risky to trade with as they often lack liquidity and are too volatile to begin with.