Gold Technical Analysis Oct 28 2023
Gold Technical Analysis Oct 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.
#Gold #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.
-
8:00
Petes Investing
11 days agoNatural Gas Hit Divergence target
361 -
LIVE
ThatStarWarsGirl
1 hour agoTSWG LIVE: Elden Ring DLC Gaming Stream! 1st Playthrought
303 watching -
35:36
Stephen Gardner
3 hours ago🔴Kamala Harris' Epic Fail: The Mistake That Could End Her Career!
22.5K55 -
2:11:19
George Galloway
2 days agoBRITAIN BURNS - MOATS with George Galloway Ep 366
21K39 -
DVR
Resistance Chicks
3 hours agoBritain Descends Into Chaos! Venezuela on the Brink of Collapse - Olympic Fallout Continues 8/4/24
20K13 -
57:06
FULL SEND PODCAST
2 days agoJ.D. Vance Reveals Why Trump Chose Him as VP and Exposes Kamala Harris and the Democrats!
31.6K100 -
2:04
OutdoorChannelTV
3 days agoThe Buck Known as Big Bacon
34K40 -
50:06
Standpoint with Gabe Groisman
7 hours agoEp. 40. 116 Hostages. Fleur Hassan-Nahoum
32.8K6 -
56:59
Sports Wars
6 hours agoWoke Olympics SLAMMED As Female Boxers Get DESTROYED By Men | This Is INSANE
42.8K88 -
LIVE
Right Side Broadcasting Network
4 days agoLIVE REPLAY: President Trump and JD Vance Hold a Rally in Atlanta - 8/3/24
4,844 watching