Ok its hit that lower 818 level. if it doesn't climb from here, I will accept a small loss or a break even. Critical next 3-4 minutes... Like an obedient puppy, its touched the level and now testing the high level at 48,860 (see 07:12 post)

ALSI 40 Index - Trading the South African All Share Index

Rooi, you are IN SA, you have the luxury of choice!

ALSI 40 Index - Trading the South African All Share Index

Big adjustment in Point of Control. Price volume has lifted to where it is now. Again, this isn't great support for the long I am in, but I am +14 up so in no pain. I'm ok with price dropping to 46,818 in a pull back. Its a very shallow one (the ...

ALSI 40 Index - Trading the South African All Share Index

We have a descending triangle formed. Bias is long, I am going to stay in. (Ha, this does happen quickly I am trying to type and trade!) We have just moved into profit. 46,860 is a key level on yesterdays high, if it breaks up I will stay in, if I ...

ALSI 40 Index - Trading the South African All Share Index

Put a stop in at 46,787. image ORANGE is my price i got in, blue arrow is my actual bar i acted on. Still plenty good prices at this level for the buy/long.

ALSI 40 Index - Trading the South African All Share Index

Long signal now. Bit iffy between 46,860 and 46,770. I just took the long and got a fill at 46,836. If you can better this (like right now as price has fallen!) you can join me.

ALSI 40 Index - Trading the South African All Share Index

Morning all! I'm drawing my setups now, will begin to share the activities shortly.

ALSI 40 Index - Trading the South African All Share Index

Hi Signalrv, Can you confirm the time (in GMT) that you made that grab? If thats an 'in hours' spread thats around 11 'pips' which isn't bad at all to start? I just took a look at their website and they appear to offer a round trip spread of ZAR40, ...

ALSI 40 Index - Trading the South African All Share Index

Hi Forex37, You're welcome and I hope its generating some level of following, it really is a great little index. I may break off next week and spend some time on another 'boutique index' as I like to call them, as they all have their own way of ...

ALSI 40 Index - Trading the South African All Share Index

The bars colour on a combination of 2 MA's and 2 filters. If you'd like the numbers, please send me a PM? The little triangles are software signals that are rented and I don't want to be seen to promote a commercial agenda in this thread. I will be ...

ALSI 40 Index - Trading the South African All Share Index

I ended on over 300 pips for the day. I admit I wouldn't have continued if it hadn't been for my adoring fans in here (I know they are in here someplace!? I know it!) where I wanted to show the system actually working live, actually drawing my lines ...

ALSI 40 Index - Trading the South African All Share Index

Howzit Teddybomber!! And thanks for being a first contributor. I simply opened a non-resident account with a large bank and moved funds into the account, which I then used to fund my trading account. Its actually dead easy and while its not as ...

ALSI 40 Index - Trading the South African All Share Index

Ha I was hoping someone could tell me! I know IG have a CFD/futures contract or something on the ALSI. If you follow this link url and select 'Asia Futures' (Seriously?! - In Africa?!) you can see their SAFEX feed. Edit: Seems their feed is here: ...

ALSI 40 Index - Trading the South African All Share Index

AAAAAAARGH!! I'm out for +61.

ALSI 40 Index - Trading the South African All Share Index

So you all can see I'm not making it up... Here is my LIVE chart, with my entry shown where the ORANGE lines intersect. The time was 13:54, see my post shortly after at 14:00 above. Note how price touched the levels I drew DURING my short trade ...

ALSI 40 Index - Trading the South African All Share Index

...and we are through... +82 and counting

ALSI 40 Index - Trading the South African All Share Index

+68 and now I'm eyeing the 75% long level. Its RIGHT on the levels I drew at 1:04pm, so if it continues through, I'm going to get my target.

ALSI 40 Index - Trading the South African All Share Index

Price just broke that level...

ALSI 40 Index - Trading the South African All Share Index

I'm LONG 46,808. Price switched to the correct side of the POC, and I am now watching that magical 46,830 level.

ALSI 40 Index - Trading the South African All Share Index

Ha ha, ok I see the next setup already. Anyone want to join me? (Watch that 46,830!!) The point I am trying to make is MOST indexes give us very clear signals of how they will behave. I want to try to impress it upon anyone reading this that it ...

ALSI 40 Index - Trading the South African All Share Index