Hello again,
I LIKE the exotic pairs for the simple reason that the 'payoff' is absolutely HUGE IF the trade goes in your direction (if it doesn't - then you're looking at 'sh1t' BIG TIME)!!! Of course - the MAIN problem - is always the spread e.g. on opening a position this morning on EUR/RON (based NOT on Parabolic SAR but on another trading system that I use on the indices but am trying it on forex pairs) I STARTED with a loss of about $600 JUST TO COVER THE SPREAD!!!
They DO pretty much trade the same way as anything else though (with - again - the 'exceptions' being the 'commdolls').
Regards,
Dale.
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