Sugar trading model… feedback please……………..?
I Was Asked to come up with a model for soft commodity trading at recently. I’m a noob, and I do not really know much / have any real experience. All comments welcome. 1. Technicals – Finished backtesting and Have The Most Accurate Indicators for weekly, daily, hourly and 10-minute charts for the last 6 months2. Fundamentals – Finished Researching. Relatively Have Detailed breakdowns of the structures of major producers. Not Decided Each individual weight factor to adjuntos There’s no way to accurately weight for me Each one with what i have, And Also Would not sure if it make a difference. The idea of ??the model is to use TA to find trends and projections. The Appropriate options Then strategy is implemented (bullish, bearish, sideways) Upon breaking news, if the news strengthens the current trend (eg bullish news for a bullish trend), Then the bullish position is added to Immediately. If the news weakens the current trend, Immediate exit the market till you decide on a direction. * Relatively inelastic demand and como is at a steady rate (Directly proportional to Population) My questions: 1. Is this far too simplistic to realistically work? 2. What else Should I do to make this more Accurate? 3. Is There a point to weighting fundamentals? I feel like I do not need to refer for Theoretical price, just the POLARITIES of market directions to trade with. tyvm!