The most important factor affecting the price of crude oil lies in the change of supply and demand. If supply increases and demand decreases, oil prices will fall; If supply decreases and demand increases, oil prices will rise. In the evening, the Organization of Petroleum Exporting Countries announced that the output of the Organization of Petroleum Exporting Countries reached a three-year high at the end of the week, and the continuous increase in supply put pressure on the already depressed oil price. After the news was announced, US crude oil futures 65438+ 10 fell by 0.7 USD in a short period of time, reaching a six-and-a-half-year low of 36.58 USD/barrel, a decrease of about 65438 USD.
High position and multiple orders: If most of them are light positions and the positions are not too high, you can wait for a small loss to leave after the callback, or you can't break the position after stepping back. You can lay out multiple orders and leave with both hands to make up for the previous losses. If it is a heavy position, it is suggested to lighten a part of the position first, and then set a stop loss at the current support level and take profit in the pressure area.