US Crude Oil Technical Analysis Oct 02 2023
US Crude Oil Technical Analysis Oct 02, 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.
-
9:53
Petes Investing
9 days agoSP500 NASDAQ GermanDax JapanNikkei VIX Technical Analysis Jun 08 2024
41 -
LIVE
The Podcast of the Lotus Eaters
3 hours agoThe Podcast of the Lotus Eaters #939
4,316 watching -
LIVE
Wendy Bell Radio
4 hours agoDon't Trust Your Lying Eyes
9,006 watching -
10:00
Tyler Monagan
18 hours agoWorlds Fastest ELECTRIC SUPERMOTO!! 80HP Stark Varg (+100mph)
3.05K7 -
19:41
DepressedGinger
13 hours ago*WOW* Dems starting to *ABANDON* Biden, admit he's too old
17.8K45 -
39:17
Andy Frisella
14 hours agoHow Self-Forgiveness Paves the Way to Success - Ep 727 Q&AF
9.24K4 -
6:56
Chrissy Clark
14 hours agoU-Turn Signs Are Homophobic?!
14.7K61 -
3:30
Caleb Hammer
21 hours ago40 Year Old Is Stuck Paying Off His Girlfriends Credit Cards
22.6K30 -
23:23
TudorDixon
19 hours agoForgiving Dems Will Be Happy To Replace Biden/Harris | The Tudor Dixon Podcast
25.6K17 -
19:29
ScammerRevolts
16 hours agoHe Tried To Scam Me... So I Reset His Phone
32.6K8