we are halfway through the trading week and its time for the spike controller a place where you can compare your broker price feed.
First things first we have the Euro-US Dollar pair which has a daily average of point 33 pips and a daily maximum spread of 1.1 pips. The high and low difference is point 38 percent or 47pips. The maximum spread was reached at quarter past 9 in the morning so make sure you were not overcharged more than 1.1pips.
Now we move on to the cable which has a daily average of point 9 pips and a maximum daily spread of 3.6 pips. the high and low difference here is 1.21 percent or 174 pips. the Low of 1.4173 was reached at 8.30 in the morning during the peak maximum spread and also 8.30 was the time when the UK producer prices and consumer price index were released. 3.6 pips is the line that shouldn’t be crossed.
And ending things is the Dollar-Yen. It has a daily average spread of point 37 pips and a maximum spread of a single pip. the high and lo difference is almost half a percent or 49 pips. You shouldn’t have been charged more 1 pip that’s the maximum spread and it was reached yesterday at half noon during the release of the US housing starts & building permits data.
That’s all for the spike controller click back to double check your broker’s price feed.

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