Exotic pair strategies: what convinced you to try, and what happened?
Exotics offer trends, carry and volatility — at the price of wide spreads, thin liquidity and the occasional crisis. A strategy that works on majors can bleed out on exotics purely through costs.
Share your exotic experiments:
- the pair and the strategy
- how the costs compared with the majors
- the crisis or gap you lived through
The major, minor and exotic guide explains the category's risks.
Background: Major, minor and exotic currency pairs explained
How to read a currency quote, which pairs count as majors, crosses and exotics, and why spreads and risks differ so much between them.
What are the seven major currency pairs?
EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD, USD/CHF and NZD/USD.
What is a cross currency pair?
A pair of major currencies that doesn't include the US dollar, such as EUR/GBP or GBP/JPY.
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