A simple strategy to sell below a fractal (prior low on the chart) below 18 SMA
whenever there is a backardwardation (ticker2!<ticker1!) is currently highly profitable on
Soybeans, Corn, Naturals Gas, Cotton
Some weeks ago the stategy was profitable on 30 year bonds.
On other futures contracts the contango/backwardation might not work as relyable as on the above mentioned instruments, or you have to apply a filter for example only sell short soybeans if backwardation is below -40 (future instrument 40$ and more cheaper)
whenever there is a backardwardation (ticker2!<ticker1!) is currently highly profitable on
Soybeans, Corn, Naturals Gas, Cotton
Some weeks ago the stategy was profitable on 30 year bonds.
On other futures contracts the contango/backwardation might not work as relyable as on the above mentioned instruments, or you have to apply a filter for example only sell short soybeans if backwardation is below -40 (future instrument 40$ and more cheaper)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.