US Crude Oil Technical Analysis Sep 13 2023
US Crude Oil Technical Analysis Sep 13, 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
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.
-
9:07
Petes Investing
7 days agoNatural Gas BOIL KOLD UNG Technical Analysis Jun 18 2024
331 -
LIVE
Steven Crowder
1 hour ago🔴 Julian Assange Free | YouTube Threatens Takedowns of Presidential Debate Streams| GUEST: Tim Pool
9,280 watching -
LIVE
Graham Allen
2 hours agoCNN Threatening To STOP ALL Debate Coverage! + Info Wars Being SHUTDOWN!
4,650 watching -
LIVE
Matt Kohrs
11 hours agoStocks Waver, Bitcoin Bounces Back & Live Trading || The MK Show
1,493 watching -
1:49:36
Bussin' With The Boys
9 hours agoTravis Kelce Talks Dating Taylor Swift + Winning Back To Back Super Bowls
2.14K8 -
LIVE
Wendy Bell Radio
5 hours agoTapped Out
10,272 watching -
3:20:55
SNEAKO
10 hours agoLS LATE NIGHT - SECRET GUEST, DRAMA, AUTISM
71.8K77 -
3:06:28
Fresh and Fit
11 hours agoDo Sex Workers Deserve A Good Man?! HEATED DEBATE!
138K180 -
16:39
Stephen Gardner
12 hours ago🔴Breaking: Trump GETS HUGE boost as Jesse Waters Humiliates Biden!
52.2K76 -
39:42
Candace Owens
17 hours agoChrissy Teigen Needs An Exorcism | Candace Ep 11
79K129