US and Brent Crude Oil Technical Analysis Dec 30 2023
US and Brent Crude Oil Technical Analysis Dec 30, 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 #BrentCrudeOil #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.
-
7:47
Petes Investing
16 days agoNatural Gas BOIL KOLD UNG Technical Analysis Apr 30 2024
251 -
1:12:46
Glenn Greenwald
2 hours agoINTERVIEW: Professor Jeffrey Sachs on Ukraine's Failures, Israel's War in Gaza, China, and More | SYSTEM UPDATE #271
8.15K88 -
LIVE
The StoneZONE with Roger Stone
4 hours agoIT'S ON: Roger Stone Handicaps the Upcoming Clash Between Donald Trump and Joe Biden - The StoneZONE
1,587 watching -
1:43:34
Clownfish TV
7 hours agoSquare-Enix RESETS, Helldivers 2 Drama, Consoles vs. PC | CTRL+STREAM+DEL Livestream #03
3273 -
LIVE
The Jimmy Dore Show
2 hours agoTrump Is Crushing Biden In The Sunbelt! Bill Burr Destroys Bill Maher! w/ Brianne Dressen
18,819 watching -
1:40:39
The Quartering
9 hours agoTrump Biden Debate 2024 Insanity, Biden Border Panic, More Bridges Hit,
22.9K9 -
1:38:01
Megyn Kelly
3 hours agoBiden Agrees to Debate Trump, Cohen Crushed in Cross, and "Baby Reindeer" Drama, w/ Clark & Geragos
38.3K43 -
1:29:29
2 MIKES LIVE
3 hours ago#66 2ML The Rise of AI, The Trump Trial and all the news worth mentioning!
4.5K1 -
1:33:17
WickedVirtue
10 hours agoChit chat & chill🌎Wicked's World #47🌎
3.68K1 -
LIVE
Michael Feyrer Jr
23 hours agoGet Your Live Streaming Questions Answered! LIVE
546 watching