• If you've just seen a recent downward movement open an initial position.

· If the price is high enough above or below your average order open price, open another.
· If the current price is above your average price close your lowest and most profitable position.
· Try not to open any position while in a downward movement regardless of the above rules.
Obviously, the last item mentioned is not simple, but it is the key to account survival. If you open too many positions and the market falls too far you will get a margin call.As ever, I'm basically using the AUDJPY for this. I am interested in strategies that can accumulate a safe quantity of long positions such that they pay me to wait for the eventual upturn.