While I know that price action is the final answer, I have to admit that I am still stuck on MA's as a crutch. It helps with that trigger.
If I am running at tick bars under a minute, not really. MA's seem too slow to react. For me MA's work great for position trading.
A new indicator especially designed for revenge trading: the Vindicator. http://www.elitetrader.com/vb/showthread.php?s=&postid=1176195&highlight=vindicator#post1176195
I have been studying some Forex set ups with the Heiken Ashi Candles and have found some interesting results..I can see where you are coming from.