Munich, Germany
Experience: Intermediate
Platform: NinjaTrader
Broker: Dorman/Rithmic
Trading: NQ, CC, ZN, ZB, ZF
Posts: 20 since Mar 2010
Thanks Given: 4
Thanks Received: 5
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Hello all,
recently I was thinking a lot about trading commodities.... I am very inclined to use the SMR trading method (like in Chick Gosslins book). The SMR method uses the LBR 3/10/16 indicator mainly, so it is using purely technical oscillators.
Now... considering that fundamental data plays a major role in commodities (political issues, droughts, floods, weather in general, etc..)..... doesn't this nearly totally render technical analysis implausible?
Hmm... I am thinking about this a lot, maybe you have any answers....
Thanks and many greetings,
Oliver
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