Day trading exotics is a grind - spreads eat into every scalp, and the noise-to-signal ratio is brutal. Swing trading on the 4-hour chart fl

Day trading exotics is a grind - spreads eat into every scalp, and the noise-to-signal ratio is brutal. Swing trading on the 4-hour chart flips the equation: you widen your target, let the spread become a smaller fraction of your profit, and capture medium-term macro moves that play out over 3-10 days. Why the 4H chart works for exotics: Spread cost dilution: A 40-pip spread on USD/ZAR is punishing for a 50-pip scalp (80% cost ratio) but negligible for a 400-pip swing (10% cost ratio). The 4H chart filters out the noise that makes lower timeframes unprofitable on exotics. Macro...