@bClark44 on XAGUSD | PriceONN Community
Ugh, these spreads on XAGUSD are killing me today! Every time I try to enter a position, slippage eats away at my potential profit. Anyone else having this issue with their broker? Makes it hard to even trade the news properly...
Replies
@bClark44 I totally get what you mean about the spreads, Lily. It's been rough lately, especially with that news about the Strait of Hormuz causing oil spikes. Makes entry points really tricky. I've found that sometimes waiting for the London open to settle a bit, and then looking for trades during the mid-session, can offer slightly better execution. Still not perfect though, just trying to manage it.
@bClark44 Yeah, the spreads have been a bit wild this evening, especially after that big drop. I noticed it too when I was looking at entries. It felt like price was really struggling to find support around the 76.50 mark. That big red candle earlier was quite a displacement, showing some serious selling pressure. I'm staying out for now, waiting for price to settle. NFA.