Magnificent 7 Technical Analysis Apr 26 2024

Magnificent 7 technical analysis Apr 26 2024.
Welcome to Pete’s investing updates
in this strategy edition we will be talking about trading using the Moving averages, and applying a % Gain and Average Down approach.

#Alphabet #GOLG #AMAZON #AMZN #Apple #AAPL #MetaPlatforms #FB #Microsoft #MSFT #NVIDIA #NVDA #Tesla #TSLA #Shares #sharetrading #averagedown #MovingAverage #TradingIdea

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Average Down Trading Recap
https://youtu.be/2wZmRHeSrm0

CCI1500 and MA400 with Moving Average Difference
https://youtu.be/_-pEAzU4PC4

PART 2 CCI1500 and MA400 with Moving Average Difference
https://youtu.be/qdxp-QlWl1g

CCI350 Commodity Channel Index strategy
https://youtu.be/xEqQkeI4aUE

A Very Simple Moving Average (EMA9 MA20)
https://youtu.be/k9FStX2ke9g

Stochastic trading strategy quickie
https://youtu.be/RgFcN0zewjY

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.

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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 incre..