Very interesting Mick. When you say 30 pip stop, do you mean a 30 pip stop is attached to each entry order, or do you have a stop-and-reverse at the opposite entries? Example:
GBPUSD is at 1.8000 at 11:00 pm ET. Do you place buy stop @8030, with a stop loss @ 8000, and a sell stop @ 7970, with a stop loss @ 8000, OR do you place the stop losses at 7970 and 8030? Maybe you can backtest both ways and see how it comes out. Cheers.
GBPUSD is at 1.8000 at 11:00 pm ET. Do you place buy stop @8030, with a stop loss @ 8000, and a sell stop @ 7970, with a stop loss @ 8000, OR do you place the stop losses at 7970 and 8030? Maybe you can backtest both ways and see how it comes out. Cheers.