Forex Strategy Secrets : Here's 2 Significant Reasons Why Most Forex Traders Do Not Trade The Exotic Pairs - Most traders are aware of the major currency pairs such as the GBP/USD, EUR/USD, GBP/JPY, USD/JPY and EUR/GBP pairs, but once you dig a little deeper You will find that there are over 100 different pairs you can tradehese less well-known pairs are often called 'exotic pairs'owever you will generally find that almost all forex traders avoid trading them, for two main reasonsirst of all several of these lesser pairs have fairly wide spreads, which makes intraday trading virtually impossiblet extremely is perfectly reasonable to trade some of the major pairs that have spreads of just 2 or 3 pipsndeed even a spread of 5 pips is generally acceptable because numerous of these pairs trade in a trading range well in excess of 100 pips during any given dayowever When you pay a visit to your forex broker and look at several of the exotic pairs You can find that most of these pairs have ridiculously high spreadso give you a random example, the USD/CZK (the US dollar against the ... [Read More - Forex Strategy Secrets]
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Forex Strategy Secrets
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