Youtor
ZIP asx possible SHORT TERM retrace vs LONG TERM strength remains
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=g3NSgONUE7I
ZIP asx possible SHORT TERM retrace vs LONG TERM strength remains Dec 2 2024 • Welcome to Pete’s investing updates • The previous video link is here: • Multiple Indicators Entry for Patreon subscribers • https://www.patreon.com/posts/multipl... • #ZIP #ASX #ADX #MACD #Stochastic #RSI #RelativeStrengthIndex #CCI #CommodityChannelIndex #MA #MovingAverage • Become a PetesInvesting Patreon member with weekly scans on Bullish Shares across various world stock markets. • / petesinvesting • Follow my X (Twitter) account to view changes on the fly in between video postings: • https://x.com/eight_pete • Please ensure you paper trade any strategy for at least 3 months to fully understand how the chosen strategy works and the effects on your trading account. • 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.
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