Trade #2: -1.9 pips
Trade #3: -0.9 pips
Trade #4: -3.4 pips
Trade #5: +0.5 pips
Net pips = -0.8 pips
I guess it shows just how crucial transaction costs are to your success. If I omit transactions costs (5 * 0.7 = 3.5 pips), I'd be up 2.7 pips today.
+ Be wary of range-trading during London session
+ Consider exiting trades if price doesn't move in your favour after two candles