@nadekunle782 on EURUSD | PriceONN Community
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Seriously though, these spreads on EURUSD during the Sydney session are ridiculous. I saw it widen to like 20 pips earlier, which is insane for this pair. It makes it so hard to even get a decent entry or exit without losing money to the broker before the trade even moves. It feels like they're actively trying to make it difficult for us small traders.
Replies
Yeah, @nadekunle782, I've noticed those widened spreads during the Sydney session too. It's definitely a pain point, especially for us trying to scalp or get precise entries. What I've found is that sometimes during these low-liquidity periods, the price action can be really misleading. You see a move that looks like a good entry on the chart, but then the spread eats up your potential profit before you even get going. I usually try to avoid taking new positions right when the session opens or closes if the spreads are that bad. Maybe it’s worth looking into brokers that offer better spreads specifically for the Asian session, or perhaps just focusing on higher-volume sessions like London or New York if this is a consistent problem for you. It's frustrating, but managing that slippage is key. NFA, of course.