Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Why are Exotic Pairs rarely traded by traders?

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

Why are Exotic Pairs rarely traded by traders?

Discussion started on General Forex Discussion

Print
Pages: 1 ... 12 13 [14] 15 16 ... 20   Go Down

Purindra

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 260
  • Reputation: +5/-2
For exotic currency pairs, you have to be able to see you. These are all important things to explain and not everything can be done
#196 - March 05, 2022, 02:51:57 AM

Dana D

  • Hero Member
  • Posts: 3953
  • Points: 2959
  • Likes Received: 809
  • Reputation: +35/-32
Because this pair has a large spread value, and usually people trade in a small spread pair
#197 - March 05, 2022, 11:35:14 AM

budhiseptiadi371

  • Sr. Member
  • Posts: 251
  • Points: 460
  • Likes Received: 0
  • Reputation: +0/-1
In my opinion, exotic pairs are a bit difficult for us to analyze and usually exotic pairs have a rather large spread, that's why many traders avoid it
#198 - April 06, 2022, 11:06:35 PM

Sponsored

Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6803a6c52eb12
#199 - Today at 06:08:55 PM

Liner

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 247
  • Reputation: +20/-15
I don't know why we choose that way but the important thing is that we only play using the major currency pairs and I think that's better.
#199 - April 07, 2022, 12:26:29 AM

Aurora

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
I think because when you use exotic currency pairs you can't use them in the right way and you always use the habit of using major currency pairs
#200 - April 09, 2022, 01:41:43 AM

Willhemina

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
I don't understand why, but what is certain is that when someone uses exotic currency pairs, people can't concentrate because these currency pairs are slow
#201 - April 11, 2022, 02:30:14 AM

wediamalik622

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
Exotic currencies are currencies whose movements are rather difficult for us to analyze because we can only analyze them from a technical point of view, while for fundamentals we are rather difficult to find on the Internet.
#202 - April 13, 2022, 06:09:27 AM

Aurora

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
I don't have any reason for this problem because of my experience I also don't use exotic currency pairs too much but as far as I can see no one uses them because maybe the trading volume is less so there is no fluctuation.
#203 - April 14, 2022, 12:45:00 AM

wediamalik622

  • Hero Member
  • Posts: 1367
  • Points: 421
  • Likes Received: 142
  • Reputation: +1/-27
Whatever is provided by the market, we can actually trade including Exotic pairs, but Exotic pairs have wide spreads, we should choose a pair that is easy for us to understand and the spread is also small like EURUSD.
#204 - April 15, 2022, 10:27:11 PM

Willhemina

  • Hero Member
  • Posts: 2887
  • Points: 57
  • Likes Received: 216
  • Reputation: +7/-4
Exotic pairs are rarely used because they are not very attractive to many people who don't know much about these pairs, even a teacher when teaching never uses exotic currency pairs, maybe because of the lack of activity in them.
#205 - April 16, 2022, 12:07:37 AM

Sponsored

#206 - Today at 06:08:55 PM

Aurora

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
Exotic currency pairs are how to use them because I think I've seen movements that are quite strange and can't be used for analysis at all because they are very slow and not suitable for trading.
#206 - April 19, 2022, 03:19:00 AM

heribertusdeni288

  • Sr. Member
  • Posts: 408
  • Points: 442
  • Likes Received: 13
  • Reputation: +0/-7
Currently the most interesting are major pairs and it is important to know that around 70 percent of traders trade EURUSD. while exotic pairs are not attractive because the spreads are large and difficult to predict.
#207 - April 19, 2022, 05:27:14 AM

Iqra

  • Hero Member
  • Posts: 4506
  • Points: 1946
  • Likes Received: 389
  • Reputation: +10/-5
I don't recommend exotic currency pairs because when you use exotic currency pairs. Because it also hinders which can make it useless for you to analyze better using a certain currency pair of course.
#208 - April 19, 2022, 07:01:02 AM

Aurora

  • Hero Member
  • Posts: 3573
  • Points: 1003
  • Likes Received: 346
  • Reputation: +9/-4
Because the movement is quite slow, it makes us unable to trade in a safe way.
#209 - May 27, 2022, 02:37:49 AM

novales

  • Hero Member
  • Posts: 810
  • Points: 1332
  • Likes Received: 11
  • Reputation: +1/-2
because usually pairs like this have a large spread value
#210 - May 27, 2022, 02:47:32 AM
Print
Pages: 1 ... 12 13 [14] 15 16 ... 20   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Why are Exotic Pairs rarely traded by traders?

Members:

0 Members and 1 Guest are viewing this topic.


Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: