Dislikeddifferent strokes for different folks I guess.... albeit personally i don't like going below H4.....Ignored
"PLEASE NOTE: I am a medium to long term trend trader. The above method works best on those time frames. It works less well on short term time frames because of the volatile "noise" in the market."
My conclusion: If you want to increase your chances of success use a higher time frame such as H4. If you want to punt and pray, use a smaller time frame. I would imagine that as market conditions change this could be massaged. Given where we currently are in the market I would think you are really opening your exposure with anything less than H4. If you are going to trade like Jacko, then trade like Jacko.