USDCAD Technical Analysis Jun 28 2023
USDCAD Technical Analysis Jun 28, 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.
#USDCAD #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
30 days agoNatural Gas Hit Divergence target
38 -
2:27:10
Fresh and Fit
11 hours agoHodge Twins Meet Fresh&Fit!
113K28 -
4:07:54
Matt Kim
1 day agoKAAAaamMaLAA DNC Watch PARTY | Get IN HERE
92.6K11 -
1:38:35
Glenn Greenwald
11 hours agoObamas Warn America of Perils of Wealth and Privilege; DNC Remains a Dissidence-Free Affair; Interview with DEM Officials | System Update #320
101K119 -
3:15:47
Roseanne Barr
11 hours agoHow they Cheated with Jovan Pulitzer | The Roseanne Barr Podcast #62
104K173 -
5:28:58
Due Dissidence
17 hours agoLIVE: DNC PROTESTS, DAY 4: Final March on DNC
52.7K18 -
1:15:52
Havoc
11 hours agoRap Albums That Never Dropped + Live Q&A | Stuck Off the Realness Ep. 10
42.6K1 -
1:30:05
The Late Kick with Josh Pate
9 hours agoLate Kick Live Ep 544: Season Prediction Special | More CFP Expansion Ahead | Saban & Kiffin Details
22.5K2 -
57:23
The StoneZONE with Roger Stone
10 hours agoIs RFK Going to Flip TO Trump + Scott Presler on Winning Pennsylvania | The StoneZONE w/ Roger Stone
26.7K7 -
1:43:54
Donald Trump Jr.
16 hours agoDNC Disaster and the American Marxist Madness, Plus Interview with David Limbaugh | TRIGGERED Ep.167
106K222