I am interested in m1 strategies. I started a thread and posted a EUR/USD strategy. Feel free to take a look. I have made some improvements already and will post the next version shortly.
I find that the key is to use large moving averages. ie, a 200 on a m1 chart is the same as a 50 on a m5 chart. So they will pick out the trend from a larger timeframe (well, sort of). It is also important to control the losses. Trade small positions in relation to you account. That way one three or four bad trades in a row will not decimate your account, or lower profitability. I give some more ideas in my post.
Have a look in the forum if you are interested. Go to trading strategies. The thread is called m1 strategies.