Does the Spread Expansion Trap Render Stop Losses Obsolete?
Why does your stop loss trigger during session open even when price chart candles never touch your level?
CommunitySign in to join the conversation
1 comment
Spreads on major pairs like EUR USD can widen from 0.5 pips to 8 pips during session transitions and rollover. The price chart displays the bid price, but buy stop losses trigger on the ask price. Does spread expansion make tight stop loss placement impossible during off hours?