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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6825f0acc9f09

Why are Exotic Pairs rarely traded by traders?

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Purindra

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I don't know why but it's clear that most people are sure that trading major currency pairs is not possible to trade exotic currency pairs, so you can choose which one you feel comfortable with or you can try it.
#166 - January 20, 2022, 09:27:05 PM

Manora

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I don't know why. But what is certain or that there are very few people who trade foreign exchange using exotic currency pairs may be because of their not-so-good existence.
#167 - January 26, 2022, 04:46:28 AM

Nike

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What I do know is that this currency pair is not very much in demand because the movement is quite slow and when it opens, the position immediately experiences a lot of minuses
#168 - January 28, 2022, 03:32:18 AM

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Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6803a6c52eb12
#169 - Today at 09:46:38 AM

Budnga

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No one wants to use exotic currency pairs, not because they don't work properly, but for me, it's quite boring, that's my experience and there's no pattern that can be used as a reference.
#169 - January 29, 2022, 11:34:16 PM

datang74

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I don't like Exotic pairs because the spreads are wide. It's better if I trade only in the major pairs because the major pairs are stable.
#170 - January 29, 2022, 11:35:32 PM

Nike

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The exotic currency pair has indeed become one of the most widely used materials, but transactions are rarely carried out because there are movements that draw enough to make people bored. I also experienced it myself
#171 - January 29, 2022, 11:42:50 PM

Liner

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I don't know why the only thing I know is maybe because you can't do it in a good way maybe you are always impatient.
#172 - February 02, 2022, 05:46:11 AM

kepala25

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I once tried to trade on the ExoticX pair and it turned out that the spread was very wide. maybe that's why people rarely trade in exotic pairs.
#173 - February 02, 2022, 11:57:07 AM

Purindra

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In my opinion, lack of education and lack of knowledge besides that it tends to be more vagus using the main partner
#174 - February 02, 2022, 09:05:29 PM

kepala25

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I think there are only a few traders who use exotic pairs, because we find it a bit difficult to find the fundamental analysis. I prefer the currency pair GBPUSD
#175 - February 03, 2022, 11:22:16 AM

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#176 - Today at 09:46:38 AM

johnson timothy brian

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Traders prefer currency pairs with small spreads, and for exotic currency pairs the spreads are very large. After all, exotic currency pairs are rather difficult for us to analyze fundamentally.
#176 - February 03, 2022, 01:16:27 PM

Budnga

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In my opinion, there is education, so we should be able to look closely at exotic currency pairs, which are actually the same as major currency pairs, only the difference is that there is a lack of interest.
#177 - February 03, 2022, 10:39:43 PM

caripoin

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Trading in pair like this in my opinion will only be suitable for those who are already professional, because the movements are very volatile and the value of spread is usually high
#178 - February 08, 2022, 10:22:20 PM

Purindra

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This exotic currency pair has indeed become one of the least widely used because there are not too many to be interested in this year, we should not underestimate them
#179 - February 08, 2022, 11:15:55 PM

Trader Hijrah

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It is rare for trading people at pair like this because it might indeed be familiar with the more easier pair of major
#180 - February 08, 2022, 11:53:19 PM
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