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Heres EJ chart for you, but i don't think it will work well for breakout, BTW, i never tried these pairs for US breakouts
Hi David,
It's a very good question, and your picture it`s very clear.
Sometimes, when I'm test some breakout system I can saw that it's better don't follow the OCO rules, in other words, I don't cancel the sell stop when the buy stop was activated, but... if you do that, the system it's far away to be a "set & forget" system, because you need to follow closely the maket and move your stop lose to protect.
And now we have a new important question.... if we're 15 pips up and we move our SL to breakeven, how many time we'll close a second position without any profit to see in a couple of hours the market move in our favor??
But if you look any pair, in the past, you can see an attractive percentage of time where the price move almost 15 pips after break the "buy price" or "sell price", and this happen some time in both directions. A clear example is in all pictures that in put yesterday, if you follow an see now, all these pairs cross to the other side and all cross the TP1 line. I don't know.... it's only some points to think and test, and at the end of the month we can take some conclusions.
But if we think that 15 pips for pair (3 or 4 pair a day) is not a bud idea, I think that we're in a right way.
Bull
PS: Sorry for my English and for any mistake.
