This is Top40 weekly chart. For those that don't know Top40 (J200) is tradable index in South Africa. ALSI is future contract listed on Top40 index and can be traded on Safex. Currently most liquid contract is Jun09 ALSI contract.
What I want to point with this chart is very simple method that anybody can trade. There are two exponential moving averages 34 and 13 on this chart. Simple crossover strategy was used for going long or short.
Long 13.08.2004 - 25.07.2008 from 9675 to 25099 points.
Profit for one trade that lasted almost 4 years was 15424 points.
Short that was opened 10 months ago is 5482 points in profit.
Satrix40 is another instrument that could be used for trading this strategy.