I think you are Good

wow, heavy loss on that second accunt bro. but u have a good strategy to make it work

(continued from previous post)

Thus, if I have a long positions at 20, 45, 60, and 80, and I take a long position at 95, if after the NEXT bar closes, the price drops below 95, that position is closed out completely and 1/2 profit is taken on the 80 position.

I may add rules to the long term position profit taking such that in the above example, the 20 position would be closed to minimum after 3 or 4 positions above are opened, or maybe when they're stopped out.

Abe's comments earlier this week caused a spike in the yen (in which I was grossley short). My account dropped from a peak of 43.00 to 19.20 because of poor money management according to my rules. While I am still short the yen, I have ramped up my efforts to maintain a 25% or less used margin with a target of 15%.

Additionally, as dips are bought, I will ride winners.

Stops are based off of a 4 hour chart. After the following bar closes after an entry, the stop is the entry price.

1/2 of position is closed out at a big spike or (most likely) if the position above is closed out. Also, position is closed out to a minimum of .10 to maintain profit. The idea here is that although this strategy has a 6 to 10 day time frame, sometimes longer terms will maintain a profit. However, I cannot manage long term positions in this strategy due to the margin rule. So I keep them open for as long as I can with as little margin as possible.

This account started with $5000, and there have been no transfers. So everything above $5000 is profit. These calculations therefore, are off.