Exotic pairs don't trade twenty-four hours a day like the majors. Their liquidity arrives in waves, and if you're trading $USDZAR during the

Exotic pairs don't trade twenty-four hours a day like the majors. Their liquidity arrives in waves, and if you're trading $USDZAR during the Asian session, you're paying for a seat at a concert that hasn't started yet. Understanding when each pair is alive - and when it's dead - is the difference between a clean fill and a spread that eats your edge before the trade has a chance to breathe.$USDMXN: New York's favorite toyThe Mexican peso is the most liquid exotic in the world, and it moves when New York moves. The overlap between US open and the end...