DislikedFor those that are interested I am going to back test some GBP pairs during the London Breakout session, which I have a box at 6am to 8am GMT for. I am aware this thread is for the London/NY cross over break out, but my results of that session were so positive I thought it would do no harm to add some more results for the London morning session breakout. I think the 8 pairs I backtested for the "BigDog Breakout" Session are enough and the results show that with good MM they can all be traded, of course forward testing will be different with each...Ignored
Brilliant work.
One quick question.
If you say 6am to 8am GMT.
Does that mean:
(1) 6am to 8am London time (which currently is on GMT) ?
or (2) 6 to 8 GMT ?
For the first one you need to take daylight saving into account, meaning that in their summer the time will shift to GMT +1 and then your box will be from 7 to 9 GMT.
For the second one your box will stay 6 to 8 GMT straight through the year.
Currently I trade the London breakout taking daylight saving into account.
Thanks