Aaaaaaand...thats my target hit for the day on ALSI. Opened at 07:43:12 and closed at 07:53.02, for another +50. I actually hit the 'close' button when I hit 60 (which would have given me my +150 target for the day, but I do get a bit of slippage ...

ALSI 40 Index - Trading the South African All Share Index

Ha, except on the ALSI at about 10 lots my fills take about 8 seconds, you can multiply that by 10 again on the DAX and nobody will notice! I have the DAX open AND my test live account on my execution screen... (insert sinister tune here)

ALSI 40 Index - Trading the South African All Share Index

Anyone who says starting with a nice winner doesn't make the days trading easier doesn't have a pulse...

ALSI 40 Index - Trading the South African All Share Index

Quick little +90 to start the day. PiptheRipper thats MUCH more what I am used to. Opened at 07:17:08 and closed at 07:32:17. 90 Pips in 15 minutes and 9 seconds... (I have blanked out the lot sizes, not sure the values are anyones business but ...

ALSI 40 Index - Trading the South African All Share Index

Ha ha yes, you and me both thank you! It was such hard work yesterday!

ALSI 40 Index - Trading the South African All Share Index

Morning

ALSI 40 Index - Trading the South African All Share Index

Anyone in for a chat about the charts? No takers so might just have tea... Don't be shy, its just an informal look at the DAX in more detail and maybe debrief what we saw from the ALSI. For fun.

ALSI 40 Index - Trading the South African All Share Index

If anyone wants to take a look at my live screens, please PM me now. Not sure of the wisdom of bombing the link in here!? I'll aim to start at 4pm GMT (Thats in about 5 min) if anyone is interested? I have a headache so won't beg...

ALSI 40 Index - Trading the South African All Share Index

You want to take a look at the screens? I'll see if Rooi is still around.

ALSI 40 Index - Trading the South African All Share Index

Given its only just managed 75% of its long trend today, would suggest there is still space either up or down. Its dropped back to mid-way between the 50 and 75% level. There is some more in it today methinks. -

ALSI 40 Index - Trading the South African All Share Index

We have company software that lets me host a meeting online. Trying to find the darn tennis ball then I'll PM you the link when I get back.

ALSI 40 Index - Trading the South African All Share Index

Ja nee, you know how it works, I'm going to take the dog for a run and then will no doubt end up in front of the charts. We should do a screen share and chat about this DAX, there may be something in it. Another excellent trade with no risk for ...

ALSI 40 Index - Trading the South African All Share Index

ALSI: Another sneaky little +98 on the ALSI and I am KAPUT for the day. I usually don't feel like its such an uphill battle but today has been no fun at all.

ALSI 40 Index - Trading the South African All Share Index

DAX: That long now an easy +30 and counting...

ALSI 40 Index - Trading the South African All Share Index

DAX: Good looking long signal a minute ago. Should be 'ok' to reach 524-sh...pity I'm not in it!

ALSI 40 Index - Trading the South African All Share Index

Combination of things, I'll PM you.

ALSI 40 Index - Trading the South African All Share Index

DAX: Nice entry ignoring the overnight adjustment, was within levels. Dropped +41 with zero retracement. So no stop levels given. Long entry WAY outside the levels/rules, ignored. Long entry to the book, went +32 zero retracement. So no stop levels ...

ALSI 40 Index - Trading the South African All Share Index

Ha ha sorry, commercial helicopter pilot for nearly 20 years, old habits...

ALSI 40 Index - Trading the South African All Share Index

Stand by I'll draw them in, will be interesting.

ALSI 40 Index - Trading the South African All Share Index

CAN I JUST SAY THAT WE WOULD HAVE SAVED OURSELVES SOME HEARTACHE if we had just traded the DAX this morning...

ALSI 40 Index - Trading the South African All Share Index