Silver Technical Analysis Aug 09 2023
Silver Technical Analysis Aug 09, 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.
#Silver #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.
-
14:35
Petes Investing
13 days agoSP500 NASDAQ GermanDax JapanNikkei VIX Technical Analysis Jun 21 2024
23 -
LIVE
The Podcast of the Lotus Eaters
2 days agoThe Podcast of the Lotus Eaters | Election Night Special
18,676 watching -
39:18
Popcorn In Bed
12 hours agoINDEPENDENCE DAY (1996) | MOVIE REACTION | FIRST TIME WATCHING
43.5K16 -
1:30:00
vivafrei
7 hours ago4th of July Fishing with Viva! Baldwin Trial UPCOMING! Trump Causing MELTDOWNS! And MORE!
69K92 -
13:32
TENET Media
7 hours agoThe Left DEFEATED in France | Lauren Southern
45.8K85 -
23:14
DepressedGinger
11 hours ago*SHOCKER* Hunter & Joe tell Dems to F*** Off, want to stay in race
55K52 -
2:30:23
Kim Iversen
10 hours agoDocumentary Showing: Israel's Second 9/11, How Zionism Conquered JFK, America & Palestine
79.1K217 -
1:46
LimitlessAmbition
9 hours agoThe REAL Reason America Celebrates 4th of July
60.3K19 -
2:04:12
Robert Gouveia
11 hours agoKarine LIED about Joe's Condition; Biden THREATENS Media; Trump ROASTS Kamala
70.2K118 -
1:05:25
Russell Brand
12 hours agoTRUMP'S SHOCKING LEAK: Biden Destroyed | UK Elections: Just a New Face for Globalism? - SF 400
221K415