Hey guys, this is my first thread I started since joining a year ago.
How do you deal with the widening spreads around 5PM EST? I use an Oanda demo and the prices usually spike around 5PM, sometimes to 20 pips even on majors. I do not trade during news and I do not trade in pairs that have big news releases coming up.
How do you guys deal with it? Not trade during those hours? I trade the H4 and I dont know what to do during that time while I have a trade that I entered earlier.
Suggestions??
EDIT: For the ones that aren't trading in the eastern time zone, it is right when the US Session ends and the Sydney session starts.
How do you deal with the widening spreads around 5PM EST? I use an Oanda demo and the prices usually spike around 5PM, sometimes to 20 pips even on majors. I do not trade during news and I do not trade in pairs that have big news releases coming up.
How do you guys deal with it? Not trade during those hours? I trade the H4 and I dont know what to do during that time while I have a trade that I entered earlier.
Suggestions??
EDIT: For the ones that aren't trading in the eastern time zone, it is right when the US Session ends and the Sydney session starts.