Premium Only Content
Iron Ore Technical Analysis Jun 02 2023
Iron Ore Technical Analysis Jun 02, 2023 using Stochastic and Commodity Channel Index.
Welcome to Pete’s investing updates
in this strategy edition we will be talking about trading using the Commodity Channel Index Indicator with a weighted moving average, and applying a % Gain and Average Down approach.
#IronOre #sharetrading #averagedown #MovingAverage #CCI #CommodityChannelIndex #divergence
Become a PetesInvesting Patreon member with same day updates on
https://www.patreon.com/petesinvesting
Don't forget...
First always remember to review petesinvesting channel playlists
Updated every weekend I look at the charts of some select blue chip shares as well as some key world sharemarket indices.
As always click on the SUBSCRIBE button as well as the NOTIFICATION bell and LIKE this video to support this channel.
If you want me to review an Index a share, a commodity or a FOREX pair, put it in the comments and I'll cover it in a future video
Things
to consider:
•We track and trade on a Daily chart since we want to back test and see results of trades back during the GFC as well as Covid effects.
•We track and back test Revenue over Drawdown requirements
(as a %) to optimize our returns with less exposure.
•Brokerage is included in our back testing. I use $8 per transaction each time we buy or sell. Revenue shown may change slightly depending on your brokerage costs.
•Our Back testing transacts with $2,000 per trade. ie everytime you purchase $2k worth of shares in the instrument you want to invest.
To increase Revenue (ie returns) simply increase this. But beware this will also increase your Drawdown, so ensure you factor in this with your money management strategy.
Lets get started
Remember...
Don't forget to subscribe / LIKE and hit the notification bell and review the PETESINVESTING channel playlists for further reference.
-
6:54
Petes Investing
6 days agoHigh Grade Copper & US Crude Oil BEARISH breakout
371 -
2:59:10
Wendy Bell Radio
13 hours agoThe Bridge Too Far
117K142 -
1:03:45
Donald Trump Jr.
1 day agoHappy Festivus: Airing Our Grievances and Stopping The Swamp w/Sean Davis | TRIGGERED Ep.201
391K517 -
1:30:30
Game On!
16 hours ago $7.08 earnedTop 5 things you need to know for Sports Christmas!
50K3 -
1:58:10
Robert Gouveia
1 day agoMatt Gaetz REJECTS Report, Sues Committee; Luigi Fan Club Arrives; Biden Commutes; Festivus Waste
276K207 -
1:31:40
Adam Does Movies
1 day ago $15.15 earnedThe Best & Worst Christmas Movies! - LIVE!
103K8 -
58:10
Kimberly Guilfoyle
1 day agoAmerica is Back & The Future is Bright: A Year in Review | Ep. 183
193K70 -
3:03:27
vivafrei
1 day agoEp. 242: Barnes is BACK AGAIN! Trump, Fani, J6, RFK, Chip Roy, USS Liberty AND MORE! Viva & Barnes
265K252 -
2:05:48
2 MIKES LIVE
8 hours agoTHE MIKE SCHWARTZ SHOW with DR. MICHAEL J SCHWARTZ 12-24-2024
37.9K5 -
1:14:17
MTNTOUGH Fitness Lab
1 day agoNavy SEAL Dom Raso: The Cold, Hard Truth About Modern Brotherhood | MTNPOD #96
29.7K4