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 ... 5 6 [7] 8 9 ... 20   Go Down

Nasmoco

  • Hero Member
  • Posts: 634
  • Points: 440
  • Likes Received: 0
  • Reputation: +0/-6
Because the movement at the pair besides Major is usually very fluctuating as well as it will be very risky for traders who are more likely to choose safe, and the value of the spread is also very large
#91 - June 26, 2021, 04:38:12 AM

Nasmoco

  • Hero Member
  • Posts: 634
  • Points: 440
  • Likes Received: 0
  • Reputation: +0/-6
Obviously because this pair will be very foreign and the value of the spread is also quite large even many folding from major pairs, so people also don't want to trade there
#92 - June 28, 2021, 11:42:20 AM

Trader Hijrah

  • Hero Member
  • Posts: 1309
  • Points: 1095
  • Likes Received: 11
  • Reputation: +0/-7
may be due to the value of its overwhelming spreads, far from those found in Major, and the spread for traders is a pretty important paramater
#93 - July 07, 2021, 03:23:06 PM

Sponsored

Why are Exotic Pairs rarely traded by traders? in General Forex Discussion_6803a6c52eb12
#94 - Today at 05:10:21 AM

self

  • Hero Member
  • Posts: 906
  • Points: 92
  • Likes Received: 64
  • Reputation: +4/-0
many factors but in my opinion because the spread is too wide and the volume is a little bit so it is sometimes for beginners usually use popular pairs such as eurusd or gbpusd
#94 - July 07, 2021, 03:53:56 PM

self

  • Hero Member
  • Posts: 906
  • Points: 92
  • Likes Received: 64
  • Reputation: +4/-0
actually many but we do not know, because indeed many more who use the main pair such as eurxx and gbpxx and usdxx the same point that is important we know how to use it
#95 - July 08, 2021, 06:57:05 PM

artasu

  • Hero Member
  • Posts: 1046
  • Points: 4121
  • Likes Received: 47
  • Reputation: +0/-0
actually there are and as far as I know also many traders who play and trade using exotic pairs, I think the advantage is faster to earn profit, that's in my experience
#96 - July 10, 2021, 09:42:37 PM

Torroco

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
not clear why, because I myself rarely play exotic pairs, because this pair is classified as having a long spread and can not be analyzed if the trend is not clear
#97 - July 11, 2021, 06:22:21 PM

artasu

  • Hero Member
  • Posts: 1046
  • Points: 4121
  • Likes Received: 47
  • Reputation: +0/-0
I do not know the exact answer, but it is as far as I know the pair that this model is not volatile and spread too wide especially when there is news maybe that's one of the causes
#98 - July 13, 2021, 06:24:18 PM

artasu

  • Hero Member
  • Posts: 1046
  • Points: 4121
  • Likes Received: 47
  • Reputation: +0/-0
maybe because the fans are few and not too volatile then rarely use, but if you want to try also does not matter because all pairs deserve to be traded
#99 - July 14, 2021, 03:58:27 AM

self

  • Hero Member
  • Posts: 906
  • Points: 92
  • Likes Received: 64
  • Reputation: +4/-0
maybe kar it's too difficult in my opinion Because I see it, indeed, the spread is also too big and wide and tends to slow down
#100 - July 15, 2021, 12:30:34 AM

Sponsored

#101 - Today at 05:10:21 AM

Kembangmawar

  • Sr. Member
  • Posts: 356
  • Points: 298
  • Likes Received: 3
  • Reputation: +0/-0
exotic pair is not suitable for traders who use scalping strategy because it will take too long to reach the target, very contrary to the principle of scalping.
#101 - July 15, 2021, 01:53:33 AM

Difiq

  • Hero Member
  • Posts: 691
  • Points: 2060
  • Likes Received: 41
  • Reputation: +2/-0
I don't know why, maybe because it's not very popular or a lot useless professional traders right, this exotic fair even though it's fast to get profit
#102 - July 17, 2021, 12:17:11 AM

artasu

  • Hero Member
  • Posts: 1046
  • Points: 4121
  • Likes Received: 47
  • Reputation: +0/-0
I've been trading using exotic pairs, one of them is my favorite usdzar, and that's what I always trade if I get bored with the major pairs, because it is a percentage of profit faster using usdzar
#103 - July 21, 2021, 06:37:23 PM

nefertiri

  • Hero Member
  • Posts: 583
  • Points: 99
  • Likes Received: 32
  • Reputation: +0/-0
I use, who says no one uses, if rarely it is true but does not mean no, I often use exotic pairs such as usdzar because it quickly brings profit but also have to be careful because it is also quickly hit by stoploss
#104 - July 26, 2021, 11:37:45 PM

Lotus

  • Hero Member
  • Posts: 677
  • Points: 202
  • Likes Received: 29
  • Reputation: +2/-0
maybe because this pair is difficult to predict especially if not using a good indicator, so what I want to say you should use a major pair only for trading
#105 - July 28, 2021, 03:32:57 AM
Print
Pages: 1 ... 5 6 [7] 8 9 ... 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: