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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_67f83ac065b44

Why are Exotic Pairs rarely traded by traders?

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Astrazeneca

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For the currency pairs that we are currently using, we mostly use major currency pairs because using exotic pairs is too difficult to predict the pattern that will occur.
#136 - September 21, 2021, 04:26:22 AM

oman

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because when we use exotic currency pairs then we will not be able to analyze properly using major currency pairs because these currency pairs tend to be unstable in price movements
#137 - September 22, 2021, 02:06:44 AM

Hokage

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I don't understand why, but what I do know is that when we use exotic currency pairs, if we can't analyze properly, we shouldn't use exotic currencies because using exotic currencies will make it difficult for us to analyze properly.
#138 - September 23, 2021, 05:28:46 AM

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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6803a6c52eb12
#139 - Today at 06:08:15 PM

Sikovic

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I don't know why but I'm sure that there may still be traders who want to use exotic currency pairs but they don't really highlight it because I think exotic pairs also need to be considered
#139 - September 28, 2021, 04:47:13 AM

Morposis

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because the market movement of exotic currency pairs is less volatile, therefore there is a lack of interest and rarely traded too
#140 - September 30, 2021, 10:13:31 AM

Givon

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maybe because exotic currency pairs are very difficult to analyze but when we can analyze exotic currency pairs then we will succeed in proving that we can
#141 - October 03, 2021, 07:05:45 AM

Hokage

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maybe because there are not always many who use exotic currency pairs because these currency pairs are not very good to use in the long term the chances are quite small
#142 - October 04, 2021, 03:48:58 AM

Morposis

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Exotic currency pairs are rarely traded because by using exotic currencies, we may not will ever to get something much and
tend to be less focused on currency pairs
#143 - October 06, 2021, 03:08:10 AM

Morposis

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Exotic currency pairs will always be difficult, therefore we must be sure of what we are doing so that the results are also effective for us, don't forget the problem of good management
#144 - October 09, 2021, 08:52:51 AM

self

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I think it's because exotic currency pairs are rarely able to make a profit because the movements are quite slow, but when you use small lots.  Then the results will be fast, so I think it all depends on you, can you do it or not
#145 - October 14, 2021, 01:50:40 AM

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#146 - Today at 06:08:15 PM

caripoin

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This is because usually this kind of pair, for example, MXN / USD, will have a very large spread value, and the range of movement can also be said, so that the risk is also great for trading at this kind of pair
#146 - October 31, 2021, 02:49:57 AM

Nike

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I think there is indeed a trader who does trade exotic pairs but maybe not as much as the major currency pairs but I believe the existence of exotic currency pairs is indeed good for us to trade, it's just that the volume is a bit less than the main currency pairs
#147 - October 31, 2021, 06:44:14 AM

T34

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Trading at this kind of pair for people especially those who beginners are more detrimental, because the value of the spread is very large, it is not suitable for scalping where most traders choose scalping
#148 - November 02, 2021, 08:52:39 AM

Constant

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maybe they think that exotic currency pairs cannot produce something fast because the movement is not too volatile so indeed more people will choose to use major currency pairs rather than exotics and that's natural
#149 - November 09, 2021, 05:53:59 AM

Lamande

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As far as I know it exists, but we can't analyze everything properly, so we don't really have a problem choosing any currency pair, both major and exotic, the most important thing is that the graph can be analyzed.
#150 - November 12, 2021, 12:21:38 AM
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