王德诚：稳中求胜，后市螺纹铁矿石焦炭豆粕期货行情分析

   One thing I want to teach you today is that you need to learn to set a principal loss. It is estimated that the vast majority of traders have encountered similar troubles, that is, many times orders have set a stop loss, but suddenly the market turns around and reverses, and orders that are clearly profitable turn into losses, so you don't get lost. In order to prevent such tragedies from happening, everyone must learn to set a principal loss, which means that after the order in hand has a small profit, you can set the stop loss point on your entry point shirt, or on the breakeven point with transaction costs added. This way, no matter how the market fluctuates in the later stage, your order will not lose money, and you don't have to constantly be nervous and stare at the market. If you are lucky, Perhaps we can gradually turn short-term orders into medium to long-term ones. After all, this is also a risk control method. Leaving aside the profit margin, at least it can prevent you from losing money.

    好了，接下来开始分析螺纹、铁矿石、焦炭、豆粕等主力合约商品futures的行情走势。

  Thread Main Contract:

   thread2105合约周五震荡星线报收4267(Last day's price)4275），价格重心下移，短期指标转弱，日内短空操作。本周全国五大主要钢材品种总库存大增174.34万吨或10.82%to1785.26万吨，已连增5周，且较上周91万吨的增幅显著增大，其中建筑钢材累库幅度尤其明显，螺纹总库存大增122.49万吨，线材总库存增加39.45，板材库存小幅增加。期货盘面上来看，05合约行情走弱符合前期预期，整体上弱消费时期，并且成本端走弱后期价仍会继续下跌，4200整数关口为第一支撑点，短线操作上前期空单继续持有，反弹4285reach4300区间做空，暂时不考虑多单。

  Iron ore main contract:

   国内钢厂利润情况不佳，且焦炭采购困难，本周64家钢厂进口烧结粉总库存已较上周增49.88万吨至1949.6万吨，钢厂节前铁矿石补库整体较为谨慎。另外，大商所自2202合约起将增设本钢精粉等4个铁矿石可交割品牌，并调整现有铁矿石期货可交割品牌升贴水，工信部亦多次表态将压减钢铁产量，均对铁矿市场情绪构成打压。这也使得期货盘面铁矿石05合约如期跌破1000整数关口，顶部图形走势明显黑色系联动性下跌体现出的市场情绪较为一致，短线操作上前期空单继续持有，短期990一线左右的阻力力度犹存，可以依托990reach993区间布局空单。

  Coke main contract:

   今日焦炭延续弱势下跌70Report at around o'clock2554形态，河北运输开始恢复，市场对于河北钢厂进一步被动减产导致焦炭供需转松，现货价格提前下跌的逻辑与淡季期间可能下跌的幅度有所修正，当前盘面可能已经回调到位。年前的短期逻辑偏空，即钢厂年后季节性减产加上焦企产能投放供需转松。旺季成材上涨铁水增产焦碳供需又会偏紧。如此多空交错下，价格上下均会面临一定的阻力，预计维持震荡偏弱的局面。短线操作上焦炭2015合约整体疲软回落行情走势，日线周线走势将有望延续调整走低行情走势，笔者建议冲高2585and2611压力下方分批进场空单。

  

  Soybean meal main contract:

   Soybean meal2105合约周五探底回升阴线报收3484(Last day's price)3483），形态属于震荡，周日线指标分化，建议区间对待。现货市场美豆出口前景较为广阔，期末库存低位。国内方面，面临即将到来的春节后的淡季和南美大豆的上市，油厂出售远月基差合同并增仓套保。期货市场跌幅过大，下游采购谨慎，豆粕成交转淡。豆油库存较为稳定，现货市场买家追高谨慎，观望心态犹在，整体成交仍未放量。短线操作上，豆粕维持3400reach3500的区间操作，高抛低吸，高空为主低多为辅。

   Refuse the temptation of high profits and persist in rational investment. Investment and financial management are high-risk things, not as easy to make money, and maintaining rationality is the most important. Respect laws and regulations, avoid financial traps, and stay away from "high yield" scams. Investors must learn more relevant knowledge to distinguish between real and fake platforms, and learn the most basic knowledge of investment. Author Wang Decheng Futures Qualification Qualification NumberT329796Qualification certificate number of financial planner:CICFPAGC1161851Contact WeChat:wdckdj。