DislikedQuite interesting approach.
But you are assuming that you are at the screen always, no?
What are you doing when you are not sitting at the screen and one of your 50 pip candles closed?Ignored
Now i'm short with 2 lots. I've placed a buy order at 1.6250 (that means i will win my actual trade) with 1 lot. And i've placed a buy order at 1.6350 (that means i will loss my actual trade) with 4 lots.
But you can play the game when you want.