Gone short in crude at 3669, usually I wouldn't short when open = low, but today I took the bold decision believing the system with just 5 pts SL, that gave me 25 pts...
One input from my side is, using a supertrend of 10,4... The supertrend line can be used as TSL and in an upmove when price touches 34EMA u can add more lots keeping this ST line as SL, Generally it'll be lesser than 10 pts...
As I said, if we gone short at 3650 with 3656/57 as SL, we already in profit of 10 pts, in this way we can have good risk reward, I usually prefer to keep SL 1 or 2 pts above ST line