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Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Thu May 04, 2017 9:59 pm
by FrancoisT
Crosses with TRY tend to trending more often and offers very nice movement for intraday trading.

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Sun May 21, 2017 9:38 pm
by mlawson71
I've never tried trading such exotic currencies, to be honest.

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Thu May 25, 2017 6:38 pm
by bonifaas_abe
I avoid trading these exotic pairs as well because it could be really challenging to track and project the demand and supply trends for distant nations, additionally there could be high fluctuations during period of political uncertainties

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Thu May 25, 2017 10:22 pm
by FrancoisT
Some time ago I was also avoiding them due to a bit higher trade expenses, but then I noted they tend to create nice trends and are really nice for day trading even for longer period. The movement are also great and TRY crosses are not so slow. Another opportunities are the moments when is appropriate to buy TRY for the nice swap during the rollover and specially Thursday's triple swap.
Nevertheless, every body have found something fitting to his way and type of trading :)

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Wed Jun 20, 2018 7:17 pm
by bonifaas_abe
The traders who fancy TRY should be excited and slightly fidgety as on 24th of June 2018, Turkey will be holding a General Election. This most probably will result in heightened market volatility and illiquid markets. Some brokers are raising their margin requirements to ensure better protection against any risk associated with this event.

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Fri Jun 22, 2018 12:49 am
by LazarR
As challenging as such exotics might be, they have their fair share of fans among swap hunters, and for a good reason 😊

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Sun Jun 24, 2018 6:57 pm
by mlawson71
With the upcoming presidential elections in Turkey I wouldn't recommend trading the TRY until after the results come out.

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Thu Jun 28, 2018 11:48 pm
by LazarR
reasonable advice, indeed.

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Fri Jun 29, 2018 5:26 pm
by bonifaas_abe
In the Turkish presidential election, the country’s authoritarian leader Recep Tayyip Erdogan won a new term in office again, securing an outright majority of 52.5% in the first round - nothing changes out there.

Re: Alpari Adds Turkish Lira Pairs, Expands Precious Metals Offering

Posted: Thu Jul 12, 2018 12:52 am
by LazarR
And with the transition to full presidential country he will have even more control and power in his hands. Let’s see if it’s for good or not. I am skeptical.