Yes Satya, those gaps can and should be used by anyone who can handle it.
Of course I understand you were thinking aloud as was I.
See what Saint does with the mini flow. Suppose he is short on the 60 flow, there's a huge gap down, price breaks above 5 min bar, he is long in the mini flow.
There is a huge advantage trading the gaps in the mini when the trade goes in ones favour.
Not just that, this is also a great way to hedge the 60 min short when holding longs in the mini.
Moral of the story, go with both flows simultaneously in different trades. It will frequently be a double whammy.
Amit.