Sounds Smart, 5min AUDUSD [expandable]

Hi!
I'm currently testing simple method for possibly all volatil pairs.
Idea should working on all of them, but my settings my be good only for AUDUSD.

My Idea might look dangerous, but i'll explaind why it may work [currently testing]

IDEA
time zone GMT [London] [=NYC-5 ]

Days of trading
Base of succesful trade is is trending, so we need a day, when significant news are given. Significant for AUDUSD are the orange and red in FF calendar accorded to USD, AUD or GBP
If there is f.e. only one orange news on GBP - its pretty risky to trade. But most of days have sth more
[orange for USD is not too much as well, anyway one red and one orange news will be enough, three orange are good as well]

First trade at 9:30 am
9:30
Im setting two EO:
sell 5 pips below 9:30 open
buy 5 pips over 9:30 open
SL 10 pips [i risk 10+2 spread = 12 pips]
T1 - 10 [-2 spread =8]
T2 - 20 [-2 spread =18]
etc...

each ten pips gained means SL moved by ten, and of course oposit EO.

Last trade before 8:00 pm
If during current trading day was expected any "red" news for USD or AUD we must finish trading 30 minutes before it [same as this was 8:00pm GMT]

If there was no such a news
The last trade chould be open before 8:00pm and at 8:00pm protected with SL and TP on nearest Target.


Risk managment
If one lost is made, next bet should cover last lose and eventually bring you some small profit [4-8 pips]. Thats why first trade should be bet on very small amount of money. Number of trades will give you good money back.

IDEA'S BACKGROUND
Method is based on concept, that market won't stop for all day especially when news expected.
7:30 GMT is time of opening markets. This time sets some nice trends for 30-50 pips that's the main part of making money.



TESTING
I have alredy studied august till 20 and december till today and so far the longest waiting for move was 5 loosing bets, i didn't count the profits yet, but i expect some nice couple hundreds green pips [maybe over a 1000] month]

I'm still testing method and hope for some help.
I hope to finish august and september tonight and pst results as well as number of losses in row.

I'm gonna attach some screen later.

Ok theres screenshot with explanation of amounts of money to bet.

the numbers are corresponding to picture attached
1. Place the EO with lets say 0.1lot
2. Here we can close 8 pips [2 pips for spread] and open new position with 0.1 lot, and new SL and oposit entry order [actually on the line where was first entry]. its cheaper to leave the old order and just move SL.
3. price have go back so SL was taken. This means we have alredy made 8 pips and lost 10. lets keep that first 8 in mind, and get back the losses.
- to do it we need to place the order for 0.2 lot long with SL 10pips
4. SL was gained again. We have won 8 pips and lost 10 + 2x12 pips. To get it back we need to place short order for 0.5 lots [it will give us like 40 pips if we bet 0.1]
5. we gained back our 34 pips, so lets keep it by closing transaction, and open short again [for 0.1 lot this time] to gain another 8 pips. Or to make it cheaper lets just close 0.4 lot and keep 0.1 going down
6. Up again. So we lost 12 points, lets cover it with new transaction for 0.2 lot
7. Got it! we got bac that 12 pips, so lets start again with 0.1

Can you tell us what indicators you are using?