Your plan is exactly how I approach things, except I am usually about 15' - 20' up in a tree. I've never used Tinks, but other guys I know swear by it.
Here's my PA buck from back in November. Not a giant by any means, but it weighed 211 pounds dressed and is my biggest archery buck in over 30 years of hunting. He came into a scrape and was facing slightly towards my left at 8 yards. The arrow with Spitfire broad head went in at the base of his neck, down through the top of the heart and out under the right front leg. I was about 18 feet up so the shot was at a steep angle. That's what I like about an elevated position, the exit hole is usually low and you get a lot of blood on the ground. He went about 60 yards.
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