@Jarvis: The way is to use a broker that provides exotic pair instruments. Exotic pairs examples are USD/TRY, EUR/TRY, USD/ZAR, etc. It is true that profit can be greater when trading in exotic pairs because the daily range is larger but the spread is also large. In addition, these pairs have low liquidity.
Technically, please use the trading method you have learned on exotic pairs.
@ Jarvis:
- Bro, how do you trade exotic pairs?
The way of trading is the same as with other non-exotic pairs. That is by applying a trading system that has been tested and proven profitable. A trading system consists of entry and exit methods, entry strategies and money management.
- …. They say the profit is bigger if you trade exotic pairs, right?
That is not true. The opportunity for profit or loss is the same for all pairs, and the size of the profit is measured in percentage of win rate which fully depends on the win rate of the trading system you use.