NASDAQ Technical Analysis Jul 07 2023
NASDAQ Technical Analysis Jul 07, 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.
#NASDAQ #ASX200 #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.
-
8:23
Petes Investing
1 month agoGold, Silver and Bitcoin showing Divergence
1231 -
53:31
Standpoint with Gabe Groisman
1 hour agoEp 50. God is Real! with Academy Award-winning actor John Voight
1.35K5 -
35:04
Power Slap
6 days agoPower Slap: Road to the Title - Season 3 Episode 9 - Bring Out That Monster
637K78 -
15:52
Scammer Payback
1 month agoScammers Located in this Apartment
55.7K42 -
10:41
Breaking Points
2 days agoARSON, 'FREAK OFFS', LUBE: Diddy Indictment SHOCKING DETAILS
4.45K2 -
12:49
Misha Petrov
13 hours agoI Triggered The Furries…
10.6K21 -
6:22:05
Akademiks
14 hours agoNicki Minaj EXPOSES Jay Z over Finessing HER! Diddy got all his Peers Hiring Lawyers & on the RUN!
105K50 -
1:04:17
WarRoom Films
9 days agoGovernment Gangsters - WarRoom Film
306K61 -
8:02
Colion Noir
15 hours agoWow, $67 Million Spent On Mandatory Gun Buy Backs, Not One Gun Collected
95.5K98 -
1:27:27
Man in America
19 hours ago🔴 LIVE: Diddy & the Hip Hop Cabal—Sodomy, Satan & Selling Souls EXPOSED
117K249