Hi alphadude,Originally Posted by ;
that is all correct.
On the other hand has to add that minor crosses have a tendency to get a lot better daily range and therefore should captured the ideal time they have a tendency to be more profitable, ( even if the additional spread cost is factored), and also frequently quicker for in and out also.
There's really no wrong or right, both majors and minors can work out quite nicely, or grab you badly.
That the only thing that due different brokers distinct disperse I stopped trading exotics, though had a couple I liked. Nowadays even seldom do on my private account. That maybe I should reconsider, as stat states USDMXN is one of my best performing pair, particularly when volume is considered.
Incidentally the stat currently shows EURCAD as worst acting, most probably a huge role due the current drawdown losses. The best acting all time.
Intriguing stat, really![]()