Choosing the right Forex currency pair is one of the most important decisions when you are mapping your future Forex trading strategy. Although you can switch from one Forex currency pair to another one during the test phase of your trading strategy, it should be common sense of a novice Forex trader to stick with one currency pair when trading ...
Exotic currencies are currency pairs in which one currency is the USD and the other one is a currency from a smaller country. There are approximately 25 exotics that can be traded by the retail Forex participant.