Advantages of exotic pairs.

[chuna1985]

what is the explanation of the exotic pair I still do not understand at all, so I can not give any comment about the exotic pair, if this is the pair which gave more profit is better for us or how. can you explain in more detail

Exotic pairs are pairs like combining a big currency like the dollar to small currencies like mexican dollar or singapore currency. They are usually not volatile so that is why i guess that many traders do no like to trade it. We all love the major.

[nehmer]

Exotic pairs are pairs like combining a big currency like the dollar to small currencies like mexican dollar or singapore currency. They are usually not volatile so that is why i guess that many traders do no like to trade it. We all love the major.

Exotic pairs are pairs that is not traded more in the market so we expect it not to be volatile but the people involve in that currency are sure to love that currency but we foreigners just love to trade major pairs.

[nahiyar]

Exotic pairs are pairs like combining a big currency like the dollar to small currencies like mexican dollar or singapore currency. They are usually not volatile so that is why i guess that many traders do no like to trade it. We all love the major.

Exotic pairs are much more volatile than any other famous pair.Its daily movement is more than 500 pips in a single direction.But, their profit making ratio is also low.In EU and GU, we get per pip profit.But in exotic pairs, due to highest movement, we get per 10-15 pips profit..

[radex78]

Exotic pairs are much more volatile than any other famous pair.Its daily movement is more than 500 pips in a single direction.But, their profit making ratio is also low.In EU and GU, we get per pip profit.But in exotic pairs, due to highest movement, we get per 10-15 pips profit..

I am puzzled why, if the movement to 500 pips, but it is less profitable, whether it caused the value rate per pips are small when converted to dollars? This seems like the dollar with local currency of my country is not popular

[chuna1985]

I am puzzled why, if the movement to 500 pips, but it is less profitable, whether it caused the value rate per pips are small when converted to dollars? This seems like the dollar with local currency of my country is not popular

No trader wants to trade with their countries local currency even though it is their country. Such pairs are never volatile in nature so i think that is why many traders dislike to trade with the exotic pairs.

[nehmer]

Exotic pairs are much more volatile than any other famous pair.Its daily movement is more than 500 pips in a single direction.But, their profit making ratio is also low.In EU and GU, we get per pip profit.But in exotic pairs, due to highest movement, we get per 10-15 pips profit..

seems like the volume of the trades in this currency is less. Just because of the price movement of this currency is high
requiring you to have a huge stop loss in every trade here.

[chuna1985]

I wonder whether any trader really trades with these exotic pairs and leave the majors. The pair is just out of place with high spreads and low movements. I wish never to trade with such a trading pair.

[radex78]

No trader wants to trade with their countries local currency even though it is their country. Such pairs are never volatile in nature so i think that is why many traders dislike to trade with the exotic pairs.

I also have never traded currency pairs local own country, may be only banks who trade currency pairs my country, for purposes of profit a little, maybe just to take advantage such as spread, the difference between bid and ask prices

[chuna1985]

I also have never traded currency pairs local own country, may be only banks who trade currency pairs my country, for purposes of profit a little, maybe just to take advantage such as spread, the difference between bid and ask prices

My local currency called naira was formerly an exotic pairs and it was traded alongside the dollar, but now it does not happen any more since the internal broker that offers it have closed up.

[nehmer]

I wonder whether any trader really trades with these exotic pairs and leave the majors. The pair is just out of place with high spreads and low movements. I wish never to trade with such a trading pair.

I do not think they would leave the major pairs for this exotic pairs since this pairs are very important in their trades it is where they can profit from forex trading exotic pairs just give them not good enough profit.

[chuna1985]

I do not think they would leave the major pairs for this exotic pairs since this pairs are very important in their trades it is where they can profit from forex trading exotic pairs just give them not good enough profit.

Well, as we see no much importance in the trading the forex market with exotic pairs, we might all be wrong because there are some experts out there that trade with these pairs and still make good amounts of profits with it.

[radex78]

I prefer the major pairs, I think the volume of transactions is more big than the exotic pair, and also because I do not understand the character exotic pair, and this seems less interesting to be traded

[nehmer]

All pairs have their advantages their might be some people who likes to trade here even if the ods are not clear this are the newbies who did not study what are the exotic pairs and what are the major pairs.

[radex78]

All pairs have their advantages their might be some people who likes to trade here even if the ods are not clear this are the newbies who did not study what are the exotic pairs and what are the major pairs.

I also just now listening to exotic pair, this is something new in my vision, but if no wrong exotic pair, is the pair are rarely known to the newbie, I did not pay attention to the exotic pair, and more like the major pair like as GU or EU , but sometime i see cross pair like as GBPCHF

[senger]

Benefits from the diversity of pairs in Forex: is allow you to apply technical analysis to the awareness of many of the Currency

[nehmer]

usually this exotic pairs move more unlike the major pairs i do not know why but it is good for my trade more likely second on the metals and the major pairs is the last interms of activity if you are aiming for high pips i suggest do trade on exotic pairs that is good advantage for greedy traders.

[stefanie]

All pairs have their advantages their might be some people who likes to trade here even if the ods are not clear this are the newbies who did not study what are the exotic pairs and what are the major pairs.

I am agree with you. All pairs will have their own advantages if you can use it in the right time and you can take advantages of certain condition in the market to maximize profits from that pair. But I am sure if there are some pairs which is easier to be learned than any other pairs. It's easier to start trading with major pair.

[radex78]

I am agree with you. All pairs will have their own advantages if you can use it in the right time and you can take advantages of certain condition in the market to maximize profits from that pair. But I am sure if there are some pairs which is easier to be learned than any other pairs. It's easier to start trading with major pair.

I am also more prefer trade in major pair , like as gu or eu , and i am never try exotic pair , because i am not familiar with that pair , and indeed all air have advantage and disadvantage each other , and if we can make profit in one pair , i think beter we maintain to trading in that pair.exotic pair i guess rarely trader trades in that pair

[bulastika]

Exotic pairs are pairs that is not traded more in the market so we expect it not to be volatile but the people involve in that currency are sure to love that currency but we foreigners just love to trade major pairs.

I do agree. I also looking for ways to trade USD/PHP. I can't find a broker that trades this currency right now. I'm hoping I can find one soon. As at least I feel I'm trading my own country currency. I don't know if theirs enough indicators to use. but at least we have what we called home advantage. lols.

[radex78]

I am pretty surprise since i am look the chart and explore currency pair in instaforex broker , my local currency included one pair that trades in instaforex broker , Its usd idr , and i see price avreage daily in very high pips , but i am not ever try my local pair ,