• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 9:12am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 9:12am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

How often do your trades go into profit, then to negative etc 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

Ranging pairs? EUR/CHF, EUR/GBP, AUD/CAD? 0 replies

Merc's special Fibonacci trading,in combo w/QQE Gann etc.etc. 7 replies

  • Trading Discussion
  • /
  • Reply to Thread
  • Subscribe
Tags: To those of you who often trade exotic pairs like EUR/CAD and GBP/AUD, etc
Cancel

To those of you who often trade exotic pairs like EUR/CAD and GBP/AUD, etc

  • Post #1
  • Quote
  • First Post: Edited 2:42am Feb 6, 2007 2:02am | Edited 2:42am
  •  forex778
  • | Joined Dec 2006 | Status: Member | 55 Posts
Hi,

I have some questions for those of you who often/consistently trade exotic pairs (not the extreme one, but more like, EUR/NZD, GBP/CAD, GBP/AUD, EUR/AUD etc) and I appreciate your response.

1) Which broker do you trade your exotic pairs with? Are you happy with them and are they honest (no suspicious stop-hunt)? Any recommendations? I am thinking MIG and GFT. I know GFT is not good for trading news but I don't. Do they stop-hunt? Oanda is good, got some odd pairs (they got like EUR/HUF, USD/DKK, but somehow they don't have GBP/AUD, EUR/CAD?)

2) When the market price is getting close to your stop loss (say within 10 pips), because the exotic pairs are usually less liquid and possess wider spreads (usually 6 - 8 pips spread) than the major pairs, from your actual experience are they easier targets (compared to the major pairs) for stop hunting by your broker (or by the market itself at thin-market time)? Are exotic pairs more easily and more frequently to be "stop-hunt" because of their wide spreads and lesser liquidity?

One of my concern in trading exotic pairs is the liquidity and the "wide spread" of those pairs. I understand that trading exotic pairs usually require a farther away stop loss and since I am not a day trader my stops are also farther away (75 pips+)

3) How's the entry and exit like (in a normal market)? Would they be more prone to slippage than the major pairs?

Thanks to all who will respond.
  • Trading Discussion
  • /
  • To those of you who often trade exotic pairs like EUR/CAD and GBP/AUD, etc
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023