Here's the AUDUSD chart that I was in today from the daily entry. This shows the power of the smaller 5m trades and although I never trade the 5M you can learn here and apply the same princiapls to the daily charts.

New trade - Long usdchf - in at 1.0600 stop at 1.0539 (below base of 1hr hammer)

Stop was hit by 2 pips then Cable plummeted over 130 pips :(