Some thinking about technical vs. fundamental on commodities

NexusFi · 2014-12-15T08:21:52-05:00

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 …

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Updated December 15, 2014

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Some thinking about technical vs. fundamental on commodities

December 15th, 2014, 08:21 AM	#1 (permalink)
ostadler Munich, Germany Elite Member Experience: Intermediate Platform: NinjaTrader Broker: Dorman/Rithmic Trading: NQ, CC, ZN, ZB, ZF Posts: 20 since Mar 2010 Thanks Given: 4 Thanks Received: 5	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