How to layout EIA crude oil inventory data market;
The first wave of opportunities-EIA data ahead of the market
First of all, the first wave of market, that is, the data expected market, is based on the EIA data leading indicator-API data expected EIA market. Investors can establish crude oil asphalt positions after API data is published.
The second wave of opportunities-EIA data market
Missed the first market? It doesn't matter, the second wave of market-EIA data market is the most important today. Because the data is instantly reflected in the market, this market is fast and fierce, and it is also the fastest profitable market, which is difficult for ordinary investors to grasp.
For the market in this time period, this method suggests that investors adopt a two-way pending order strategy, and hang a high pending order of about 30 points and a low pending order of about 30 points three minutes before the EIA data comes out, and set a profit of 50 points before hanging.
The data is not so influential. What if you earn less than 50 points? Then manually close the position when you feel weak. Stop loss and take profit in time, be sure not to be greedy or hold orders for a long time. This trading technique requires quick hands-on, resolute and decisive, to prevent the EIA market from fluctuating back and forth greatly. Generally, within one year after the release of EIA data, the number of market fluctuations back and forth is greater than the unilateral trend.
In addition, the second method is to quickly analyze the market outlook after the data is released, and follow the trend, but such an operation should also pay attention to stop loss and take profit in time. Similarly, due to the wide fluctuation of the market, the entry point prevents chasing up and down, and the trading platform is more sensitive and has higher judgment ability for investors.
The third wave of opportunities-the market after ——EIA data
For the third wave of market: make orders according to EIA data results. After 30 minutes of data release, the market will stabilize. At this time, according to the actual situation of the news, whether it is good or bad, when making a callback or taking advantage of the rebound, combined with the operation of the K-line form and the moving average system, it is necessary to strictly set the stop loss and take profit.
If the market is strong, it is expected that there will be a unilateral market. In such a market, it is necessary to take profit in time. But don't act rashly, don't blindly reverse the operation, and be careful.
How to interpret EIA data?
When the crude oil inventory increases, it shows that there is an oversupply of crude oil in the market, which leads to a drop in oil prices. Interpretation: The inventory data is positive and the crude oil price is negative!
When the crude oil inventory decreases, it shows that the market demand for crude oil is strong, leading to an increase in oil prices. Interpretation: When the inventory data is negative, Lido crude oil price!
The change of crude oil inventory actually reflects the attitude of the US government towards oil prices. If the strategic crude oil inventory increases significantly, it shows that the US government recognizes the oil price at that time.