try this in a demo acct: 1) pick a pair 2) short or long that pair but do one or the other 3) stay long if the price moves away up from your long 4) stay short if the price move away down from your short 5) if price travels though your entry reverse 6) keep tab of how many pips its costing you to stay in the direction of the price 7) when price finally does move or gap up away or down away from your entry only exit at 2 times the cost of your direction orientation. So your TP will always be twice what it cost you from previous trades. This method implies that you are using a ECN with 2 pip spreads. The more and more you do this. You come to realize the initial 'line in the sand' is crucial, and key points in the chart where you attempt to do this will determine how many times you get chopped up.