SIMPLE DOW SETUP, TOO SIMPLE?

Via the website of the Chicago Board of Trade (CBOT) where the mini Dow Jones is traded I came across this article about scalping the mini DOW. A very interesting article by no means but the essential part, where the writer describes his trade setups I got doubts. He is using a one minute chart and solely trade SMA crossovers of 9 and 16. He is taking all the trades, which "keeps him on the right side of the of the DOW for most of the day" as he says and he uses no indicators and focuses solely on current supply and demand. He gave this chart as an example to show how profitable this system works for him. Yeah.

Well this is how I look at my chart one a one minute basis: It gives me so many trades which will eat ayay my profits and result in a big loss. Or do I use another chart than this guy does?

daytrading
system trading
dow jones

DOW SYSTEM AND MARKETS UPDATE

It has been a few days not posting here, too busy with other things. My forward testing of the mini DOW Jones (I am trading it in simulation mode, software also available on the site of CBOT) gave some surprises: it forced me to go overnight several times in a row.
This changes a daytrading system into a positiontrading one. This has consequences: first my riskmanagement changes due to possible gaps occurring on the DOW frequently. Gaps can be huge on the DOW: 50 or 70 points do occur on a regular basis. Secondly, the margin is withdrawn from my account so my regular trading can be influenced the next day. I will test it further but results or not negative for the moment.

A few charts of the markts. The S@P500 and the DOW moving sideways in a range which started at the end of November last year, but below their respective 50 daily SMA. Futures a little lower at the moment. We may test the lower range in these days, see charts below.

daytrading
system trading
dow jones