I would agree with Tymen on this one. It just isn't worth it. You will probably be able to easily get 5 pips a day no problem, but depending how much you are risking and where your stop loss is in the long run it just isn't worth it. I like my risk to reward ratio to be around 2 for my winning trades. Thus whatever my stop loss happens to be I set my target to at least double that. With a target of 5 pips and a stop loss of 2 pips, you would find that you would get stopped out quite often as it is extremely easy (and almost likely) that price will move a couple of pips opposite your direction. And when you take into account the spread, 2-3 pips is about the spread of most brokers, you already start out with a loss of 2 pips
. So really you can't have price move opposite your trade at all to make the reward to risk worth it.