US Crude Oil Technical Analysis Sep 28 2023
US Crude Oil Technical Analysis Sep 28, 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 weekly scans on
https://www.patreon.com/petesinvesting
Mult MA Oscillator strategy
https://youtu.be/u7gC6uFLskM
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.
-
8:16
Petes Investing
1 month agoBitcoin and precious metals take a "slight" hit
531 -
Neil McCoy-Ward
56 minutes ago🚨 A Devastating Weekend of Absolute CARNAGE (Severe Escalations As Leaders Call For CALM)
2.45K1 -
58:19
The Dan Bongino Show
6 hours agoIs It Going To Happen Again? (Ep. 2334) - 09/23/2024
578K1.57K -
1:04:34
The Rubin Report
3 hours agoPiers Morgan Visibly Shocked When Jordan Peterson Said This About Trump
62.9K40 -
1:50:57
Benny Johnson
3 hours ago🚨DOJ Releases Trump Assassination BOUNTY Of $150K to 'Complete The Job' | Feds Trying To KILL Trump
70.6K95 -
1:06:00
Trumpet Daily
2 hours agoVindicating Trump: A Conversation With Dinesh D'Souza - Trumpet Daily - September 23, 2024
17.1K5 -
1:09:36
Steven Crowder
4 hours agoHow Mug Club Undercover just turned New York Red | LIVE from City Hall
266K406 -
31:39
Rethinking the Dollar
2 hours agoFed in Full Panic Mode: The Truth Exposed In The Gold & Silver Price! w/ Paul Stone
24.7K4 -
26:46
Breaking Points
4 hours ago9/23/24: LIVE AMA!
55.1K2 -
1:26:10
Graham Allen
6 hours ago5 Assassination Teams For Trump?! Diddy Is On Suicide Watch! + Kamala BOMBS On Oprah!
84.3K142