Hey people, Maurizio is right, you can use shorter timeframes really well. I use the 1h and 30m if nothing appears on the daily, but you can't be chasing any more than 10-20 pips per trade.
As a side note, if anyone was wondering, I've stopped my commentary for a couple of reasons. Firstly, my experiment with the different pairs hasn't worked too well. This system is far more profitable on JPY pairs than most others. Secondly, I think that the pressure (to be right) of posting my thoughts on a publix forum was making me over-analyse each pair. I'm back in the black now.... does this make any sense to anyone, or maybe just a coincidence?
Now, I'm no programmer, but if someone will through up an EA for this system, I'll gladly put some time into testing various parameters to try to increase the mechanical nature if it. I tend to find using EAs to make trades, then managing them manually works really well as a trading style for me... kinda like cyborg trading or something!
-Benjimang