For what it is worth I have been this year less hopeful about big gains from the XAO and concentrate on calculated entries and small gains.
An example is FMG which I have been in and out of all year.
Slippage is a problem, so you have to be careful.
FMG goes up and down at a considerable rate.
If you only trade long you need to pick a turning point on high volume and enter, watch it carefully and get out once you have made 10% +.
Until the XAO marches up beyond 5000 I cannot see a longwave of profit.
A chart of FMG.
Look at the retracements and the recovery on high volume, and the capitulation after 10% profit, over the last six months.
gg