An entry stop order can also be used if you want to trade a downside breakout.

FORBES: How To Place Orders With A Forex Broker

Once I find a market that I think has a high probability of going up or down, then further work must be done in order to determine an entry level, potential stop, and price objective.

FORBES: Pinpointing Fibonacci Entries and Exits

If you are going to adjust the parameters in order to lower the risk focus on changing the entry not the stop.

FORBES: Mastering the Basics of Stop Placement