I got your idea, so you're setting limit orders to profit both from the dips and from the spikes in absolute Hive terms... Your goal is to end the day with more Hive on your pockets. I'll try to do the same on the Steem internal market, there I don't have much SBD though.

Edit: I think that right now it's not possible for Hive to go more down against HBD be side of the haircut function, right now the debt ratio is 10% so the chain is not printing more HBD, therefore the Hive/HBD ratio will remain more or less constant unless the marketcap of Hive roses or u less there's a dramatic cut on the HBD supply. Have you factored this in on your limit orders?