Question for the Experts

I am fully aware that some brokers do not allow multiple BUY/SELL for the same currency pair. However, some do and thus, why wouldnt the following system work ?:

1. Select a currency pair which trends more than others.
2. If the entry conditions are met then place a BUY or SELL trade.
3. if the trade goes your way then close trade and bag the profit.
4. if the trade goes against you then open a trade in the opposite direction.
5. repeat point 4 above until the total value of all trades is greater than 0 and then close all.
6. repeat point 1 above etc.

Now, i am fully aware of the SPREAD factor but assuming that at some point the currency pair you picked will eventually TREND either DOWN or UP, why wouldnt this idea/system work ?

And yes, i do plan to test this by building an EA. I just wanted to know if anyone had any experience of such.

Thanks,

Read this thread for the probable outcome...
http://www.forexfactory.com/showthread.php?t=133137

B4 embarking on this journey do some research. First item should be 'do you understand that word 'hedge' and its purpose in the markets?

Is there a EA that is capable of storing ticker data that can then be used in MT4 or Excel.


Example: 1 Second, 2 Second, 3 Second, 4 Second, 5 Second, 10 Second, 20 Second Etc Etc


Storing Ticker values, each 1/10th of a second then X this value by your desired time frame