On GBP/USD It started the week with 40 pip spread and took out my SL greater than it was set.
Can it really be so big and do this?
SL.
stop loss or stop limit? big difference.
It was the Stop Loss
@Criousx I double-checked & can confirm that the spreads were really that large around 22:00 GMT+1.
As part of my learning journey I’d love to know know what drives the earnings spread please if you can give me a two liner, don’t want to hog your time.
@Wolfy In simplest terms, supply & demand. The more trading interest & liquidity on both sides, the tighter the spreads.
Ahhhhh right then, thanks for that.