I don't see how it could be the spread since upon executing the trade the commission puts me 2 pips in the hole. So when I set a tp, the commission has already been accounted for. I don't mean to sound cynical, but I'm taking this as a tip that we're about to go down as my broker might be positioning themselves. I know that might make me sound like a conspiracy nut but whatever. As a result I hedged in a short order at .4211 which I'm about to cash out for about 10 pips to offset the ass raping these guys just gave me. Hopefully it goes back up and hits the original tp I had set. I'm gonna give it some time and see. If not I will call and raise hell.
EDIT: All in all, I have learned not to set them so close. Will never do that again. I will space them out by 3-5 pips which I prefer anyway because it gives me a small window which may prevent me from getting stuck with a losing position on a reversal.
EDIT: All in all, I have learned not to set them so close. Will never do that again. I will space them out by 3-5 pips which I prefer anyway because it gives me a small window which may prevent me from getting stuck with a losing position on a reversal.