It appears to me that virtually the same moving averages I plotted on my Forex charts translate without any problems whatsoever to the Dow, Nasdaq, and S&P.
I abided by my new decision-making process Sunday when trading my regular Forex account, yet still ended up making unsuccessful trades. For example, I expected this pair to rise (see first diagonal line below), but if fell instead (see second diagonal line). So, I tried trading smaller moves, but still found myself uncharacteristically unable to diagnose even more immediate developments in the direction price was headed. I therefore gave up on that approach and focused instead on the direction in which the price range was headed rather than price itself. I then started entering positions at the extremes as price ping-ponged its way back and forth between the outer limits of the intraday range, and it was at THAT point I began executing profitable trades once again.
I forgot to test the use of my newly refined chart setup for trading Nadex 20-minute binary options yesterday, so this is my first trade using the modified system. I did not enter at the ideal moment, which would have been at the arrow, with the resumption of progress in the direction of the intraday trend following a temporary pullback. Nonetheless, this trade was successful, and baring any monumental setbacks, I am still on track to double my initial $25,000 demo account balance by the end of May. As I anticipated, this approach struck me as a much more relaxed mode of trading than either the 5-minute or 60-minute (and above) techniques.