US Dollar Technical Analysis Dec 14 2023
US Dollar Technical Analysis Dec 14, 2023 using 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.
#USDollar #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.
-
8:42
Petes Investing
1 hour agoSilver and US Dollar dropping but watch for bounce
4 -
Film Threat
8 hours agoDEADPOOL & WOLVERINE SOCIAL MEDIA REACTIONS | Film Threat Livecast
3.61K1 -
8:25
Vigilant News Network
9 hours agoMissing Joe Biden Sparks Coup Speculation | Beyond the Headlines
13.6K41 -
4:25:06
Fresh and Fit
9 hours agoMatthew Cox On Becoming FBI's Most Wanted Con Man, $55 Million In Fraud, Prison & MORE
94.6K42 -
1:03:39
Man in America
15 hours ago🔴 LIVE: DNC COUP? Who Signed Biden’s Letter? WHERE IS JOE???
67.4K93 -
2:05:27
Kim Iversen
9 hours agoUNREAL: Polls Claim Tight Race Between Harris And Trump | RESIGN! Secret Service Chief Stonewalls Congress
93.5K227 -
11:54
SLS - Street League Skateboarding
13 hours agoBest of Chloe Covell | Street League
55.2K9 -
57:37
Patriots With Grit
1 day agoHow Voting Machines & Databases Are Compromised: How To Regain Honest Elections | Mark Cook
71.3K20 -
1:18:53
Donald Trump Jr.
12 hours agoSecret Service Director is a Disgrace, Plus where is Joe Biden? | TRIGGERED Ep.158
250K808 -
1:33:47
Michael Franzese
10 hours agoWhy they had to get Biden out ASAP | Emergency Sitdown
102K104