Case #1: Trading News
I recommend setting 10 pips standard stop-loss and 50 pips take-profit on news such as GDP, CPI, or retail sales. 15-20 pips stop-loss and 75-100 pips take-profit on news such as the FOMC rate decision, FOMC minutes, or NFP (US Non-Farm Payrolls).
Case #2: Swing
I recommend...