I just placed a BUY trade (a little late) because there was a signal about an hour ago on the 5-minute chart. I missed the trade based on my rules. I moved to both the 15-minute chart and the 30-minute chart, and the signal was still there, so I took a BUY trade. If you chose to take trades on the higher time frames, I am going to suggest adding 5 PIPs of profit to each trade. So, for example, on the 5-minute chart, we are looking for 5 PIPS of profit. If we move to the 15-minute chart, we add 5 more pips to our profit target. 15 minute chart = 10 PIPs profit target. If we move to the 30-minute chart, we add another 5 PIPs. So, 30-minute chart = 15 Pips profit target. These are all conservative profit targets. We could probably be more aggressive, but the key is to consistently close our trades in profit without getting stuck in heavy drawdown, or missing a trade that could have been closed out, but wasn't.