META Technical Analysis Jun 16 2023
META Technical Analysis Technical Analysis June 16 2023
Welcome to Pete’s investing updates
in this strategy edition we will be talking about trading using the Moving averages, and applying a % Gain and Average Down approach.
#FB #META #Shares #sharetrading #averagedown #MovingAverage
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.
-
6:08
Petes Investing
2 days agoNatural Gas trends towards DAILY BEARISH outlook
231 -
1:05:19
Man in America
8 hours agoThe Left / Right PSYOP Exposed w/ Mel K
38.2K46 -
2:23:50
WeAreChange
8 hours agoKamala MELTS DOWN! Live Breakdown Of TRAIN WRECK Interview W/ Special Guest
115K140 -
1:25:44
The Quartering
10 hours agoKamala Harris LIVE On Fox News Townhall! Disaster Cringe Incoming! Live Fact Check & Laughts
140K149 -
1:55:30
vivafrei
8 hours agoLive Commentary of Kamala Harris Fox Interview (if possible); FBI Lies AND MORE! Viva Frei
108K217 -
2:03:37
Benny Johnson
8 hours ago🚨WATCH: Kamala Harris LIVE Fox News Interview Right NOW! Total TRAIN WRECK, Kamala Campaign Doomed?
196K1.11K -
1:16:25
Michael Franzese
9 hours agoHow will this election effect our lives? My thoughts | Michael Franzese LIVE! Ep. 23
56.5K23 -
1:38:21
The Body Language Guy
9 hours agoObama SCOLDING Biden, Kamala HIDES, Trump SURGES and MOAR!
110K46 -
2:19:16
Melonie Mac
14 hours agoGo Boom Live Ep 25!
66K7 -
1:11:03
Exploring With Nug
15 hours agoBroadway Star, Zelig Williams Is Missing! Family Suspects Foulplay!
66.5K18