What are the trading skills of sugar futures?
The most popular sugar futures in China are the Guangxi sugar market forward contracts listed on Zheng Exchange. If we carefully analyze the trend of sugar futures, we will find that it has a particularly strong trend. For ordinary investors, following the trend is the best way to trade, and bargain-hunting and top selling are risky and require high skills in sugar futures trading. The strength of the sugar market is reflected in the long duration of the market, from two months to six months if there is a wave of market.
Then technically, there is a high probability that the upward trend will shorten the lower shadow line and the longer real positive line; In the relative downward trend, it is mostly closed at short upper shadow line and long solid negative line. According to statistics, this situation exceeds 60%. Compared with the fluctuation range of sugar futures price, the shadow line length is very small, and following the trend is the safest trading behavior.
Investors who are interested in sugar futures should also pay attention to the fact that domestic sugar futures trade far-month contracts, while foreign countries mainly trade near-month contracts, and there is no necessary connection between the domestic and foreign markets of sugar.