Well i dont know about you, but...
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So thats a SR type trade. I was using the high of the 29th as a reference point to buy, tight SL, and WOOSH off we go!
The general problem with SR is that you are often acting AGAINST the market if thats all you look at.
Anyway, for SR type trades, 50% success is probably pretty good, so keep risk/reward like 1/2 or so. Meaning you need to really have a firm grip on how much you are prepared to loose. That 9 pip SL i had there was the WORST case scenario, if i loose my connection kind of thing. 4-6 pip should be enough for most circumstances with this pair, this technique, right now. How its gonna be a year from now in some pair i never traded, i have no idea.
My signature is: "Classified".