@cwilliams561 on XAGUSD | PriceONN Community
This spread on XAGUSD is insane right now, almost 100 pips wide. Makes it impossible to even consider entering a small scalp. My broker always widens them like this during off-hours. I swear they're just trying to bleed us dry with these fees and slippage.
Replies
Honestly, I think I'm going to stick to major trading sessions for XAGUSD going forward. The risk of getting burned by these wider spreads and unpredictable slippage during the Sydney session is just too high. Need clearer price action for my strategy to work effectively, especially with this Iran conflict stuff brewing.
And don't even get me started on slippage when placing orders. I tried to enter a small position yesterday and it got filled almost 50 pips away from where I clicked. It's like they don't even care about fair execution. This is why I'm always hesitant to trade on weekends or during low liquidity.