jones,
any break out strategy is based on the statistics and not on the economics analysis. if you want fundamentals then you have to use S/R, fibo, ECB dates and so on. but all these info is not for break out strategies.
for break out you will need a very good back testing and that is it. of course there are many periods of whipsaw but for these times you have just to modify the MM - especially tp tactics. and that is it.
any break out strategy is based on the statistics and not on the economics analysis. if you want fundamentals then you have to use S/R, fibo, ECB dates and so on. but all these info is not for break out strategies.
for break out you will need a very good back testing and that is it. of course there are many periods of whipsaw but for these times you have just to modify the MM - especially tp tactics. and that is it.