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Currency Crosses 交叉货币对: Page 5 of 11

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Be Careful Trading Obscure Currency Crosses

While the euro and yen crosses are the most liquid crosses, more currency crosses exist that don’t even include the U.S. dollar, euro, or the yen! We’ll call these the “Obscure Currency Crosses”!

If we were in school – come to think of it, we actually are in school! – the major pairs would be the jocks while the obscure currency crosses would be the eccentric emo kids or hipsters.

 

Obscure Currency Crosses Are Like Hipsters
That’s because most forex traders would rather hang out with the cool crowd than the obscure crosses!

 

We’re talking about really weird combinations like AUD/CHF, AUD/NZD, CAD/CHF, and GBP/CHF. That’s why we call them obscure crosses (duh!).

Trading in these pairs can be more difficult and riskier than trading euro or yen currency crosses. Since very few forex traders trade them, transaction volume is much lower resulting in lower liquidity.

Due to the illiquid markets for these crosses, their prices can become quite volatile, so being stopped out on whipsaws can become a common occurrence.

Check out these screenshots of AUD/CHF and GBP/CHF:

Many spikes on AUD/NZD currency cross

You don’t want to get stopped out by those nasty spikes, do you? That’s why most forex traders usually put wider stops when trading these pairs.

But judging from the choppy movement of obscure crosses, it would really be tough to catch a good trade on these pairs. Unless you’re a currency cross guru like Cyclopip, of course!

Obscure Currency Crosses Are Choppy!

See what we mean?

Also, since these currency cross pairs aren’t traded too much by forex traders, the spreads on these pairs can be pretty big.

If you want to trade these currency crosses, just be ready for some wild price swings and be willing to pay the price of the massive spread!

非 常见交叉货币对

       尽管欧元和日元交叉货币对是最具流动性的交叉货币对,但是,绝大多数交叉货币对并不包含欧元或日元。我们将这些货币对称作“非常见交叉货币对”。

       如果我们在学校——稍等,我们实际上就是在学校!主要货币对就好比那些受人关注的优等生,而不常见的交叉货币对则好比那些着奇装异服的问题少年。

   

       那是因为,绝大多数交易者更愿意交易这些流动性较好的交叉货币对,而非这些不常见的交叉货币对。

       不常见的交叉货币对诸如:澳元/瑞郎、澳元/纽元、加元/瑞郎以及英镑/瑞郎。

       交易这些不常见的交叉货币对更为困难,且风险性也较欧元或日元等交叉货币对更大。由于只有极少数交易者会交易这些货币对,交易量会非常少,且市场流动性也会非常之低。

       由于这些交叉货币对的流动性不足,它们的汇率波动性会非常的大,所有交易者会经常被打止损。

       让我们来看看澳元/瑞郎以及英镑/瑞郎的例子。

       你可不想被突然的波动而止损出局,是吧?这也是为什么绝大多数交易者在交易这些货币对是,会设置较宽的止损原因所在。

       由于不常见交叉货币对的走势波动性过于频繁,交易者进行此类货币对的交易会显得非常困难。除非你极度热衷于此类货币对交易,那另当别论。

       知道我们的意思了吗?

       同时,由于这些货币对并不经常用来交易,因此交易这些货币对的点差会非常的大。

       如果你打算交易这些货币对,对于非常有可能出现的剧烈价格波动,以及将要支付的高昂点差费用,得事先做好心理准备。