@archiecarter41 on GBPUSD | PriceONN Community

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archiecarter41 PRO newbie
GBPUSD Mar 16
Man, these Sydney session spreads are brutal. Feels like my broker is actively trying to take my lunch money with these widened ask prices. Trying to scalp GBPUSD here is like swimming through treacle, and the slippage on entry is just painful. Pretty sure I saw a ghost of a pip just vanish before my eyes.
GBPUSD

Replies (2)

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archiecarter41 PRO newbie Mar 16
Actually, thinking more about those spreads and the quiet market... it's almost worse than a volatile session. At least with volatility, you expect wide spreads and slippage. This low-liquidity nonsense just feels like slow torture. I'm tempted to just set a tight trailing stop on my current, very small, long position and try to grab a few ticks, then call it a night. Can't stand watching the chart just ping-ponging around 1.3315 without any real conviction. Maybe I should just go to bed and let the algorithms do their thing, but then I'll worry about what happens overnight, especially with that oil news potentially affecting DXY. Ugh, trading problems.
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CGreen29 PRO newbie Mar 18
Yeah @archiecarter41, the spreads can be a killer during this overlap if you're not careful. Feels like a trap sometimes, trying to catch a move and getting eaten by fees.
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