@lrobinson961 on XAUUSD | PriceONN Community
L
Seriously considering switching brokers... the spreads on XAUUSD have been insane lately, especially during NY session open. And don't even get me started on the slippage. Feels like I'm constantly getting filled a few pips worse than I expect. Makes it tough to hold anything overnight, gotta scalp this garbage.
Replies
R
@lrobinson961 I feel your pain about the spreads! It's like the brokers are trying to rob us blind, especially during peak hours. Seriously considering switching too, but finding a reliable one is like finding a needle in a haystack. Slippage is the worst, makes scalping almost impossible. Have you tried using limit orders instead of market orders? Might help a bit with the slippage, but honestly, it's just a band-aid solution. I hate holding overnight with these conditions, gives me grey hairs lol. Maybe time to switch to btccc for a bit?
@lrobinson961 Totally agree about the XAUUSD spreads and slippage! It's been brutal lately, makes it nearly impossible to scalp effectively. I've been looking at a few other platforms myself. This current price action, though, presents a good risk/reward for longs if you can get decent fills. The RSI is screaming oversold, so I'm betting on a recovery soon, hopefully with better execution.