AUDUSD Technical Analysis Jun 03 2023
AUDUSD Technical Analysis Jun 03, 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.
#AUDUSD #Currencies #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.
-
8:00
Petes Investing
12 days agoNatural Gas Hit Divergence target
361 -
45:57
Kimberly Guilfoyle
3 days agoTitle IX Madness, Plus Donald Trump back in Pennsylvania, Live with Bernie Kerik and Sen Tommy Tuberville | Ep. 146
58.9K150 -
2:12:11
Nerdrotic
11 hours agoAre Egyptologist Lying? Out-of-Place Artifacts of Egypt | Forbidden Frontier #068
47.3K45 -
4:39:15
Due Dissidence
13 hours agoBiden Sends SHIPS and WARPLANES To Middle East, NO POLICY on Kamala Site, Olympic Boxing Controversy
57.7K90 -
2:27:30
vivafrei
18 hours agoEp. 222: O'Keefe WINS! 2nd Amendment WIN! Coutts 4 VERDICT! Olympic MADNESS & MORE! Viva & Barnes
165K366 -
LIVE
Vigilant News Network
14 hours agoDamning Evidence of a Secret Service COVER-UP w/ Brian O’Shea - Media Blackout
2,244 watching -
4:06:38
SNEAKO
14 hours agoIs Love Real? - One Minute Podcast in NYC
141K73 -
12:54
Winston Marshall
5 days agoWas JD Vance Right About The UK?! Shocking Scenes As VIOLENT Protests Erupt Weekly
99.3K187 -
6:44
My Self Reliance
6 days agoRegenerative Farming on an Old Log Homestead Step 1: Restoring the Pasture on my Sister's Homestead
95.7K25 -
2:54:47
ThatStarWarsGirl
12 hours agoTSWG LIVE: Elden Ring DLC Gaming Stream! 1st Playthrought
97.3K4