NIKKEI update Sep 08 2023
NIKKEI update Sep 08, 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.
#NIKKEI #sharetrading #averagedown #MovingAverage #CCI #CommodityChannelIndex #divergence
Become a PetesInvesting Patreon member with same day updates on
https://www.patreon.com/petesinvesting
Pete's Multiple Indicator Indicator
https://youtu.be/2uGsgJ54DNw?si=qk7Ylq8R7Lw2LNNS
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.
Using a Daily price chart, we review the weekly progress of a sample of Bluechip stocks from Australia, the US and Europe - Telefonica (TEF.BME), Commonwealth Bank Of Australia (CBA.AX), BHP Group Ltd Australia (BHP.AX), JPMorgan and Chase (JPM.NYSE), Volkswagen AG (VOW.XETRA), Johnson & Johnson (JNJ.NYSE), Caterpillar Inc (CAT.NYSE).
Showing any new open and closed positions, profitability and draw down requirements dependent on the trend of the respective price charts.
-
6:08
Petes Investing
4 days agoNatural Gas BOIL KOLD UNG Technical Analysis Jun 29 2024
211 -
6:52
Chrissy Clark
1 day agoTikToker Melts Down Over Supreme Court Ruling
14K17 -
1:29:44
Kim Iversen
5 hours agoSCOTUS Backs Corporate Censorship Powers. RFK Jr Hit Piece Hits New Low
40.8K44 -
1:30:00
Deprogrammed with Keri Smith
13 hours agoAmerica! F@%&! Yeah! - America vs Commies in Film - LIVE Popped Culture
15.9K -
20:37
ROSE UNPLUGGED
11 hours ago4th of July Message and Kelsey Grammer Interview
24.5K2 -
50:06
The Charlie Kirk Show
4 hours agoThe Secret History of Communist Revolutions ft. Jack Posobiec and Joshua Lisec
52.3K10 -
1:49:48
Glenn Greenwald
7 hours agoPresidential Immunity's Long History; Hysteria Radically Distorts SCOTUS Ruling; Dem Oligarchs Forcing Biden Out of 2024 Race | SYSTEM UPDATE #292
73.5K78 -
57:12
Havoc
7 hours agoCelebrating Independent Artists | Stuck Off the Realness Ep. 3
36.3K2 -
1:14:02
Donald Trump Jr.
13 hours agoMedia Plays Dumb on Biden Decline, Interview with Alex Marlow! | TRIGGERED Ep.151
96.8K105 -
1:47:01
2 MIKES LIVE
7 hours ago2 MIKES LIVE #86 NEWS BREAKDOWN WEDNESDAY, WITH SPECIAL GUEST JOY PULLMANN!
33.5K1