Here's a pretty cool way you can pull the core principles of this strategy together to assist with locating opportunities on other complimentary timeframes.
Take a look at an example from this week on the aus/usd pair to better illustrate the potential of this core strategy.
The daily chart is displaying clear bullish tendancies. Price is trending above the 150 simple moving average & stochastics are in bullish mode off the lows too. You can see that when the stochastic pulls back in line with the price action & begins turning back up it corresponds with typically bullish crowd psychology by forming hammers & high close bullish bars at those pullback area's.
Once you've identified a clear directional bias from the daily chart, you can drill down into the hourly charts & begin preparing to spot "long only" opportunities by trading pullbacks at levels coinciding with an oversold signal in the stochastic on that timeframe.
I'll use a 60 minute for example purposes & you can see that during the beginning of the Far Eastern business sessions of Monday & yesterday the Aussie pulled back & formed these typical bar displays as the stochastic was bottoming & getting ready to turn up on this timeframe too.
Ignoring the opposite (bearish) signals & focusing only on the long signals will ensure you're trading from the right side of the directional momentum.
If you prefer to look for long orders during your own trading business timezone, you can either enter off the hourly or drop down into a 15 minute chart & only look for long entry opportunities from that chart following the same concept of the other 2 higher timeframe triggers.