What's your broker spread? don't you pay at least 1 pip for spreads and broker commissions? 9 pip is quite slim profit margin
my broker spread is less than 2 pipettes, sometimes the spread is 0, I pay 4 pipettes round trip commission. My broker is Tickmill .. I find them marvelous having traded at Oanda in the past. Never again for me at that last one. The only thing they are better at than Tickmill is there Nasdaq CFD, all the rest is way way worse.
U mean you pay 0.4 pips round trip? I pay close to 1 (spreads 0.2 x2) , $2 comms per trade, looks like i must look for a better broker. 123 on 5 min chart or 1 min?
yes, idd, I was ignorant for too long about my broker ... untill I discovered Tickmill that is ... the 123 was on the 5M charts but it never showed up.