US Crude Oil Technical Analysis Aug 11 2023
US Crude Oil Technical Analysis Aug 11, 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.
#USCrudeOil #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.
-
7:17
Petes Investing
7 days agoPlatinum Crude Oil Copper Iron Ore All dropped but watch divergence
201 -
LIVE
Vigilant News Network
9 hours agoMedia Blackout: 10 News Stories They Chose No to Tell You - Episode 32
1,337 watching -
55:22
The Why Files
6 days agoKnights Templar | Forbidden History and their Secret Quest for Atlantis
103K128 -
2:13:57
The Quartering
11 hours agoTrump Assassination Coverup, Israel, Mr Beast Exposed, Kris Tyson DM's Leak, Moistcritical Vs Sneako
131K250 -
44:00
Winston Marshall
1 day ago“A HUGE Error!” Dan Crenshaw On Biden’s Biggest Failures | The Winston Marshall Show #022
91K436 -
1:39:06
Steve-O's Wild Ride! Podcast
3 days ago $0.35 earnedFousey Opens Up About Losing His Millions (And His Mind) - Wild Ride #225
78.2K9 -
6:13
Adam Does Movies
13 hours agoRobert Downey Jr. Is Dr. Doom! WTF?
93.4K75 -
35:07
TampaAerialMedia
1 day agoGreat CHARLOTTE, NC 2024 - Travel Guide
80.2K12 -
10:23
Freakin' Reviews
14 hours agoThis Bed Went Viral Online, So I Tried It Out
69.2K29 -
19:57
Cody and Kellie
15 hours agoTruck Camping on The Oregon Coast (The Best Ice Cream)
60.5K13