QuoteDislikedWould you consider the 30 min set-up as a standard TT and thus requires additional confluence? And would placing the initial SL above the last swing high of 0.8110 be too conservative?
Yes it is a standard TT setup i.e. it has a good S/R with additional confluence. Personally I think TT setups should be managed mostly in the same way i.e. SL goes where the setup is invalidated - this causes problems for some people cos they don't like to have small stops or can't accept a quick losing trade - but these people have mindset issues and most of the time they don't even know it.
QuoteDislikedYup, all these make perfect sense. BTW, do you mind telling where you had your initial SL on this trade?
0.9965