I have mostly been trading the 1min timeframe lately. I only trade in the direction of the daily VWAP and go long strong stocks near or at support levels or at new breakouts (but only if the ES_F are also at support or breakout points). The highest probability trades are those,where you have the ES_F flat or rising at a support level right before a positive news event. Then i look for stocks that will likely perform strongly after the news is out. You just have to place your buy stop order at the new high or slightly above recent resistance,with a stop underneath the support area.
I then use the next possible resistance area as a target to exit half of the position. If the price gets there i will exit half of the position and stay in the second half as long as the stock is above recent support areas and the daily VWAP. Also i will tighten my stops when there is something like a Fed Meeting or unemployment numbers or oil inventories etc. coming up,because i dont want to give up my profits.
If a stock breaks out to new all time highs i use fibonacci numbers to project targets and find possible resistance or support areas. When i am short stocks i usually take profits more quickly, because short setups tend to fail pretty often or play out quicker. That is why i prefer finding long opportunities.