Exotic currencies

Hey guys!

Here is a new room for anyone feeling like trading exotic pairs.
pln , zar , dkk , mxn , try , hkd , sgd, sek , nok , ...

 

1. List of exotic currencies

Most of the brokers offer exotic currencies now.
Only a few offer some of them listed above (even though i didn't see any brokers offering usdbrl...maybe only available for professionals)

 

1. FXCM :

usd : usdsek usdnok usddkk uddmxn usdhkk usdzar usdsgd usdtry
eur : eursek eurnok eurdkk eurdkk eurtry
gbp : gbpsek
jpy : nokjpy sekjpy sgdjpy sgdjpy hdkjpy tryjpy

 

1. Saxo Bank :
   

aud : auddkk audnok audnok audczk audhuf audpln autry audzar
cad : cadnok cadsek cadpln cadtry
chf : chfdkk chfnok chfsek chfsgd chfczk chfhuf chfpln chfzar czkpln
dkk : dkkjpy dkksgd dkkczk dkkhuf dkkpln dkkzar
eur : eurdkk eurnok eursek eursgd eurczk eurhkd eurhuf eurltl eurpln eurron eurtry eurzar eurrub
gbp : gbpdkk gbpnok gbpsek gbpczk gbphuf gbppln gbptry gbpzar gbpils
hkd : hkdjpy
huf : hufjpy
mxn : audmxn cadmxn chfmxn eurmxn gbpmxn nzdmxn usdmxn mxnjpy
nok : nokdkk noksek
nzd : nzddkk nzdnok nzdsek nzdsgd nzdczk nzdhuf nzdpln nzdtry nzdzar
pln : plndkk plnhuf plnjpy plnsek
sek : sekjpy seknok sekpln
sgd : sgdjpy sgdhdk
try : trydkk tryjpy tryzar
usd : usddkk usdnok usdsek usdsgd usdaed usdbhd usdczk usdhuf usdils usdjod usdkwd
usdltl usdomr usdpln usdron usdsar usdtry usdzar usdrub
zar : zartry

 

1. ACM Markets
   

Interesting exotic currencies

 

1. Ikon Capital

Interesting broker. You can find the wanted USD/BRL or USD/COP pairs


Post all analysis you wish, any timeframes, any styles, any exotic pairs.

Make yourself at home.

I will kick off with usdnok and usdsek.

It looks like in both every tops are sold off...
Even though it goes higher we have big vol on tops....well isn't it supposed to be distribution ?

Next week we'll know more anyway.
I am just trying small shorts on its way up so i can afford a wider stop.

I m not sure but spreads n volatility is a irritant but i wish to learn ur way

Yes you are right. So the only possibility (for me) is to trade smaller lots for a wider SL than you use normally to trade a major pair. You gotta trade longer term so the volatility won't be a big problem.
And i do not make intraday trades with exotic currencies...unless its a short/long covering.

By the way there is no point trading usd/dkk...its a -1 correlation with the eurusd.

I am not really into others currencies such as pln or czk though. I will look into them though..there might be some good long term opportunities.

My favorites are sek and nok.

I would like to see some analysis of the wildest exotic currencies if anyone trade them...make yourself @ home!

l trade the exotics often, got some tech for you, looking for a swing



the nok









the dkk










Red

Yes i guess the usddkk should need a slight correction like eurusd.

But i can't really see any strength. Maybe it will happen next week.
I guess it will serve as selling into rallies.

More analysis...i don't trade most of them....yet.
I just need to get used to it for the pln, mxn or zar.

eurpln

The daily is clearly upside oriented....but...



...if you look at H1 it seems rallies are sold as well



usdmxn

Clearly upside oriented...except this pattern i do not like to see.




usdzar

Can't see any weakness in the price and swings yet
Unless usd decides to correct.

audnzd

It should continue its way down

K, nice to see this thread, just noticed it now. I've been going on and on about USD/SGN. Weekly trendline finally broken. See you later bud, PTL

Hi buddy! Hope you are enjoying your week end.
No one ever talks about exotic currencies so i guessed a thread had to be created.
Indeed...interesting chart..i gotta look into that one.

Catch you on Monday for another good week.
Cya mate

usdsgd

On the daily there is a pattern i do not like to see...but like PTL said it broke a weekly trendline...and...



H1 looks like dips are bought...and no selling pressure on top




Asian pairs are tricky...lets see what next week brings us.

[quote=PayTheLimit;USD/SGN. Weekly trend line finally broken.

i m looking forward for a buy on 4h tf, nice tip mate

Dont know if CADCHF is exotic K, but when you get a chance can you take a look, PTL

I doubt its an exotic pairs, maybe some kind of exotic cross.
I don't trade it but i have checked it and i am in your side.
Intradays dips are bought...and daily as well.

usdtry

Daily hit a resistance...so break or further rally into the psy 1,5000 level ?



Intraday shows some selling on top...we'll see if it is enough

zarjpy

This pair is ranging since the past few months.
Which way it will break ain't easy to guess.
usdjpy seems to be ready for a flight though...zarjpy might follow the leader.
Each dips seems to be bought..but once its on top its not moving higher so i guess patience is the key for this one.

usdhkk

It should continue its way up

Lets see if the intraday selling takes out the big picture
Otherwise its heading towards 1,5200-1,5300

usdzar

More upside ?

It looks like the top selling continues for usdsek and usdnok

usdsek & usdnok

Target is 6,8000 for usdsek and 5,9500 for usdnok...but lets see where they want to push up prices before the fall