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Why are Exotic Pairs rarely traded by traders?

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exotic pair less exciting, if there is a better pair and the movement is volatile why should you use a slow pair like exotic pair, it will actually reduce the profit potential that we will get.
it is true but every trader will have a different curiosity and every trader wants to try trading even with exotic pairs that seem slow and not volatile.
#61 - May 02, 2020, 08:15:40 AM

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maybe in terms of spread and balance that is too large to make traders not take part in the pair. besides the fundamental news itself can not be understood by traders so exotic pairs are less desirable and more likely to major pairs or cross pairs such as EU, GU, EJ, GJ. in our own trading we always remember the risk of trading, if we cannot source an explanation from exotic pairs, we should avoid it because our target is looking for profit and limiting risk or loss in trading. You can also use a demo account if you are curious about exotic pairs.
#62 - May 03, 2020, 08:27:48 AM

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actually it's easy why exotic pairs are rarely traded because of low volatility and only certain traders want a market with low volatility while many traders are looking for pairs that have high volatility.
#63 - May 27, 2020, 06:25:52 AM

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exotic pair is not a profitable pair in my opinion, maybe there are some traders who like exotic pairs and they can already know the character so they can be very profitable despite having low productivity.
#64 - June 01, 2020, 06:44:41 PM

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The spread is high and hard to predicting and having very high volatile.
#65 - June 01, 2020, 09:23:46 PM

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the most plausible reason is that exotic pairs are very rarely liked because of their low volatility and lack of fundamental news so predicting their movements is also relatively difficult.
#66 - June 02, 2020, 03:42:10 AM

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exotic pairs less well known and brokers also have a market capitalization or a relatively small volume and it shows that the movement of exotic pairs is very slow and not volatile so it is rarely chosen and traded by traders, especially traders who are successful or professional traders.
#67 - June 03, 2020, 10:54:45 AM

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my estimation is that the exotic pair is the least preferred pair because it has very low volatility so that the exotic pair is rarely used and I myself have never used the pair at all for trading.
#68 - June 09, 2020, 01:05:44 PM

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Exotic pair is one type of pair that is quite fun it's just that the pair does not have fluctuating price movements.
#69 - June 30, 2020, 05:49:57 PM

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exotic pairs are less sensitive to fundamental changes or even technical fundamental issues because this pair only has a small volume in the forex market.
#70 - July 02, 2020, 06:25:48 PM

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Eotic pairs are not very volatile so there is no greater reason why these par are rarely used for trading because most traders focus more on fast profits and that can only be obtained from major pairs.
#71 - July 09, 2020, 07:26:55 AM

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exotic pair is a pair that is very volatile because it comes from developing countries so the pair is rarely traded in large markets where major pairs are more dominantly used.
#72 - July 09, 2020, 11:43:36 AM

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Because the exotic pair usually have a wide spread so it will be need more and high margin to open order buy or sell.
#73 - July 09, 2020, 01:30:31 PM

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As we know, in the world of trading, especially in Indonesia there are the terms major pair, minor pair and cross pair. Actually the term is not 100% correct, now to fix it, let's review it simply in sequence

In the forex world there is what is called a Major Currency.
Major Currencies = EUR> GBP> AUD> NZD> USD> CHF> JPY
some opinions add CAD currency

Now, what is called the Major Pair is, all major currencies are paired with USD
i.e. EUR / USD, USD / JPY, GBP / USD, USD / CHF, USD / CAD, AUD / USD and NZD / USD

While Minor pairs, are major currencies that are paired with other major currencies other than USD. This minor pair is often referred to as a Cross pair or Major Cross Pair
#74 - July 12, 2020, 03:37:42 AM

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If in my opinion, following a trend is safer than a counter trend, there really is a time when the trend will be a saturation point, and if a trader can determine a valid reversal time then this will provide its own benefits, because the potential profit will be much greater, but that must it is realized that the forex market price movements are very dynamic, sometimes we have tried trading with follow trends, but there is a wave of reversal that can be used for counter trend traders this can make psychology faltering because after opening a price position there is even a reversal pattern of price direction, for trading follow this trend we should have a reference point of analysis, for example with weekly, where if the trend is bearish then we will look for sell options at prices that have already bounced, because there is a saying don't catch a floating blade because it will make it bleed, but wait for this bouncing knife to be lower risk

But however it is returned to each trader to determine whether to like a counter trend or follow trend, which for this counter trend some use to look for a reversal area because the trend is not always straight and there will be a price wave that will change direction again, beside the counter trend there is also a breakout strategy, where this strategy will look for a price area that is sideways and waiting for a breakout

Whatever strategy is used as long as it remains comfortable and profitable, then we are free to choose which strategies are suitable for us to apply in this forex market, but keep in mind that this is not an easy way to get rich quick, there is no holy grail system or shortcut for riches from forex
#75 - July 12, 2020, 03:41:35 AM

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