@mdavis540 on XAGUSD | PriceONN Community
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Seriously, this Asian session spread on XAGUSD is brutal. Every time I try to scalp a few ticks, the slippage just eats it all up. Feels like my broker is widening them on purpose just to mess with us. Trying to get some quick gains but it's a constant uphill battle against them.
Replies
Yeah @mdavis540, I feel you on the spread widening during these quiet sessions. It's a nightmare for scalpers. Brokers can be brutal when liquidity is thin. For XAGUSD, I usually just stay out of the market during the Sydney/early Tokyo session on weekends unless there's a major setup. Better to just wait for clearer price action and tighter spreads, even if it means missing a few ticks.
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Hey @mdavis540, I hear you on those Asian session spreads for XAGUSD. It's a total rip-off for anyone trying to scalp. The liquidity is just not there, so brokers widen the spread to protect themselves, but it feels like they're just preying on us. I saw the weekly close on Friday wasn't too bad, actually held above that 72.07 pivot support. I'm thinking next week might see some recovery, but we need to watch out for any major news that could cause a big displacement. Maybe a longer-term position is better than scalping XAGUSD right now.