Gold Technical Analysis Jun 22 2023
Gold Technical Analysis Jun 22, 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.
#Gold #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.
-
6:08
Petes Investing
8 days agoNatural Gas BOIL KOLD UNG Technical Analysis Jun 29 2024
221 -
27:47
Degenerate Jay
6 hours agoWatch Dogs Is An Underrated Gem - Watch Dogs Game Review
3272 -
51:00
Sports Wars
5 hours agoBronny James Has DISASTROUS Debut, Caitlin Clark HATE Reaches New Level, Vikings Rookie DB Tragedy
22.4K37 -
41:05
Standpoint with Gabe Groisman
7 hours agoEp. 35. Saluting our Troops this Independence Day Weekend. Vice Adm. Herman Shelanski, USN (ret.)
40.6K16 -
45:54
The Why Files
14 hours agoHumans vs Superhumans | When Monsters Were Real and We Almost Went Extinct
45.9K49 -
23:03
TimcastIRL
7 hours agoBill O’Reilly Says Biden Will DROP OUT, Tucker Carlson Says Obama Wants Biden GONE
62.5K240 -
30:30
Stephen Gardner
1 day ago🔴BREAKING: Trump Trashes Biden while welcoming Kamala Harris
157K335 -
3:18:11
Fresh and Fit
20 hours agoBody Count Matters ONLY For Women. Change My Mind.
158K157 -
8:00
Adam Does Movies
1 day agoKILL Movie Review - Get Off The Train Already!
66.3K4 -
6:11
Praxis Homesteading and Survival Skills
23 hours agoNo One Puts Solar Panels Here... But they SHOULD!
63.8K50