DislikedWell, as you maybe know I used to first take off half at R:R 1:1 and then use the extension of the swing as a target. ....
Hope that helpsIgnored
your input please: something I have been looking at, and really it is just looking at this stage, is if you catch a trend early, like the late Jan 2010 trends - you get in on Day/4hr level, "trail" your stop (on the 4hr / day TL / S/R's, manually/auto - whatever tickles your fancy) by +- 150 pips (or your ADR if it makes you happy) you stay in trades for really long time with lots of opportunity to add to positions.
In this case my thinking is that you would still enter with small SL, then once at BE and in profit, allow your trade to develop with the trend.
EG. EU, enter on 18 Jan 2010@ 1.43394 (or slighly earlier, depending on your trading style), stop would take you out only on 3 Feb 2010, allowing you opportunity to get back in 4 Feb 2010... with of course decision points on 1 or 2 Feb... allowing +400-500 on average...