US Crude Oil Technical Analysis Aug 17 2023
US Crude Oil Technical Analysis Aug 17, 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.
-
6:33
Petes Investing
3 days agoNVIDIA and EURGBP Technical Analysis Jun 19 2024
16 -
LIVE
GamingWithHemp
4 hours agoLegend of Zelda Parallel Worlds Episode #4
517 watching -
3:52:13
Right Side Broadcasting Network
22 hours agoLIVE REPLAY: President Trump Keynotes the Faith and Freedom Coalition's "Road to Majority" - 6/22/24
131K152 -
1:20:52
Michael Franzese
23 hours agoMichael Franzese LIVE! | Democrat Failures & The Upcoming Election | Ep. 8
23.5K19 -
8:36
Adam Does Movies
19 hours ago $5.34 earnedThe Bikeriders Movie Review - It's Not What You Think
63K15 -
LIVE
LFA TV
8 hours agoTRUMP PHILLY & VIRGINIA SPEECHES LIVE! @1PM EST
2,124 watching -
59:26
Trumpet Daily
1 day ago $3.29 earnedHamas Has a Friend in the Biden Administration - Trumpet Daily | June 21, 2024
26.3K50 -
1:13:51
Edge of Wonder
1 day agoCIA Remote Viewed Jupiter, New Spider-Man Mandela Effect & Weird News
54.3K33 -
1:41:29
2 MIKES LIVE
23 hours ago2 MIKES LIVE #81 OPEN MIKE FRIDAY!
35.8K6 -
1:10:19
Wendy Bell Radio
7 hours agoPet Talk With The Pet Doc (CBD and Mushroooms for Pets)
38.3K16