US Crude Oil Technical Analysis Oct 25 2023
US Crude Oil Technical Analysis Oct 25, 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.
-
8:49
Petes Investing
1 day agoPlatinum Crude Oil Copper Iron Ore Technical Analysis Jun 15 2024
281 -
58:11
The Why Files
3 days agoThe Search for Noah's Ark | Giants & Aliens in the Book of Enoch
33.3K68 -
13:42
Breaking Points
2 days agoMcDonalds Surveillance PRICE FIXING To Gouge Customers
15.7K22 -
LIVE
Right Side Broadcasting Network
5 days agoLIVE REPLAY: President Trump Speaks at "The People's Convention" in Detroit - 6/15/24
6,085 watching -
2:08:27
The Quartering
11 hours agoFlat Earth Debate! Professor Dave vs Witsit
78.4K291 -
25:26
Stephen Gardner
8 hours ago🔴BREAKING: What Trump JUST said SHOCKED the World!!
43.2K197 -
5:42
Matt Kohrs
1 day agoWall Street Is Trying To Silence Rumble
55.2K36 -
3:13:13
Right Side Broadcasting Network
1 day agoLIVE REPLAY: President Trump Speaks at Community Roundtable in Detroit - 6/15/24
204K122 -
2:26:43
Jewels Jones Live ®
1 day agoILLEGAL COORDINATION | A Political Rendezvous - Ep. 80
59.4K20 -
LIVE
Major League Fishing
1 day agoLIVE Tackle Warehouse Invitationals, Stop 5, Day 1
306 watching