Zhou Zhejin:10.24Detailed trading strategy for crude oil asphalt and natural gas

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Today Monday is the last week of the month and also the closing point of the Golden September and Silver October. There has been no significant news impact this week, and there is only a fixed data market for this weekcrude oilThe market trend seems to have cooled down a bit. Every time there is a data trend, it is the most exciting time, not because of anything else, but because there is an atmosphere, so we expect results. After experiencing it, some people will discover new problems, some will summarize, some will regret, and some will laugh it off. The same process will result in different outcomes for different people. Success or failure are both yesterday's events, so let's approach today's events with a brand new mindset. Only experience will continue to accumulate.

Message surface:
OPECThe understanding of production targets has triggered another round of optimism about the rebalancing of the oil market, so oil prices have maintained an overall upward trend in the near future. But some analysts have published articles stating that in the2017Annual Brent crude oilfuturesIn the price structure, there is almost no sign that the oil market will quickly balance out.


Saudi Energy Minister Farih10month19Rizeng said, "Fundamentals are improving and the market is in the process of rebalancing.".OPECThe recent understanding reached in Algeria is aimed at further assisting the fundamentals that are already improving Due to the current signs of stable and even declining levels of crude oil and finished oil inventories, some oil market analysts are also very optimistic about the long-awaited turning point of the oil market cycle. since8Since earlier this month, the rise in oil prices has reflected a large amount of short covering by hedge funds due to optimistic sentiment.


However, in the futures forward curve that reflects all signs of supply and demand tightening, there is actually no evidence of such optimism. For example,WTIThe time price difference of crude oil has significantly increased in recent weeks, reflecting the decline in US crude oil inventories.


In terms of crude oil:
Last week's closing saw a full bullish candlestick, but overall the magnitude of the ups and downs is similar. Currently, the overall trend is downward. Technically, in the four hour chart, Bollinger has a closing trend,KThe line has fallen below the support of the Bollinger Bands and is currently running on the Bollinger Bands. Looking up at the moving average,MA5Turn the head downwards and build a moving average for the middle and short sectionsKLine formation suppression, below it is recommended to pay attention toMA120Located in49.4Near the US dollar, in terms of indicators,MACDGreen energy column release,KDJDead cross, the current market situation isMA60The front line has received support,CCIThe indicator has been continuously extending downwards, and there is no sign of a U-turn in the short term.RSIThe indicators have gradually flattened and have a turning trend. If the Bollinger Bands continue to fluctuate, they will enter a contraction state, and the support below will gradually become stronger. Today's thinking is mainly focused on rebounding short.


Frying crude oil requires patience and discipline. Take decisive actions when real good opportunities arise, rather than taking reckless actions before considering them well. Discipline is your most important principle. You should know when to buy, when to sell, and how to control your risk in case of deviation. If you make the right purchase, you should also pay attention to discipline and not be greedy for small profits.


1Suggestions51.2USD short order entry, stop loss0.4US dollars, look at the target below50Near.


In terms of natural gas:
This morning's natural gas is a sign of high opening, and last Friday it experienced a sharp decline200Around a point, it seems to be digesting the data that was not fully digested on Thursday. The bearish momentum is strong, with a downward trend all the way, and the news is basically supportive of bearish news. After experiencing a week of decline, the market opened this morning with a high trend, but there is currently no sign of bulls. Technically speaking, on the daily chart, the moving average is located atKThe support is formed below the line,MACDThe golden cross of the indicator diverges upwards, and the red kinetic energy column increases,KDJThe indicators in the attached figure diverge upwards.4On Friday of the hour, it also collected three consecutive negative readings, and the collection line was also collected below the Bollinger lower track, along with the attached indicatorsMACDDead cross trading volume, continuing the bearish mentality. The intraday sentiment is mainly bearish.

1Suggestions5770Nearby empty orders enter, stop loss40Point, look at the target below5580Nearby frontline;


The above suggestions are for reference only, and the specific location is subject to actual quotation.


For bedding, whether it's natural gas or crude oil, what Zhou Zhejin wants to say is that the most important thing is to correct the mentality of investors
1.Investment is a long-term thing, and one must not hold the mentality of overnight wealth. I believe that many investors initially came in with the idea of making money, but later on, they did not make any money, and instead suffered more and more losses. I just want to say, don't forget your original intention, always do it. You should calm down and think carefully.


2.In this crisis ridden spot market, it is impossible to survive without strict discipline. If you just want to retreat with a playful attitude, the chance of success is almost zero. Although the spot investment market carries enormous risks, as long as we adopt strict risk control methods, we can control it at a lower level, and plans need to be formulated and strictly implemented first. In spot trading, you must remember to have no plans and not trade.


A successful investor's personal abilities are essential, and trading experience is also an important factor, but the prerequisite for these conditions is that the investor must have a healthy and positive trading mindset. Only in this way can investors make long-term progress in the field of spot investment!

Both bears and bulls can make money, but greed cannot make it. So I advise you not to be greedy and not to always envy the luck of others. You should believe in analysis and take decisive actions based on your own judgment of the enterprise, economic situation, and overall situation. There is also a famous saying in the US currency market: both bulls and bears can make a fortune in the Wall Street securities market, except for those who are insatiable greedy.


For friends who are interested in investing (crude oil, natural gas, asphalt) but have no way to start or are already in contact but not ideal, add analyst WeChat account:zjzy868(Long press to copy), obtain more real-time investment information, market trend analysis, and trading strategy guidance.


Author's message: The purest financial management, the highest level of enjoyment!


writing/Zhou Zhejin


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