I had a lot of fun trading USDMXN on the 1 Minute Chart tonight. It is really strange because it will move 600 pips on a nice move with spread around 10-20. However the pip value is about 1/10 of EURUSD. This is actually a great idea because you can trade with a large Lot size for a Bullish candle, just take the profits on the next candle and get out quick. Here was a quick catch of a trade for 39 pips that lasted just 0.4 of a second. It dollar terms it was only worth 4 pips but there is a great relationship between candle patterns / spread cost per win, much better than most Forex pairs.
I wasn't trying to get rich tonight, just giving this pair a spin.
