The US EIA crude oil inventory published every week, as the name implies, is an indicator of the US economic market and measures the health of the US economy. The specific formula is as follows: the published data result is greater than expected =
The price of crude oil is bearish (bearish, that is, bearish). The published data results are less than expected = the original crude oil price is bullish (bullish, that is, bullish).
According to the EIA inventory data report, the historical average daily volatility of crude oil is 2.77%, and the maximum daily volatility is as high as 8.37%. Every week is an excellent opportunity to invest in crude oil.
First of all, we divide EIA data into three parts: before, during and after data release:
The first wave: before EIA, the expected market
In the first 30 minutes of EIA, focus on analyzing the market leading indicators of EIA data. If the above data is favorable and the market generally expects EIA data to perform well, then we can conclude that crude oil will be suppressed. Among them, the drilling data commonly known as "small EIA" is particularly worth referring to.
The second wave: EIA announcement
30EIA was released at 1 1: 30 until 12. During this time, the data will be reflected in the market in a flash. This crude oil market is fast and fierce, and it is also the fastest and most profitable market, which is difficult for ordinary investors to grasp. During this period, the market also has many different skills.
(1) Two-way pending orders, that is, three minutes before the announcement of EIA, a high pending order of about 3 o'clock and a short pending order of about 3 o'clock will be hanged, and then it will be hanged after a profit of 5 points is set. Cancel an order after the transaction. The disadvantage is that the market fluctuates too fast, and it is lost in both directions, or it cannot reach the market and needs to be closed manually. This kind of trading technique requires quick hands-on, determination and decisiveness, and has high requirements for investors' execution and risk-taking ability.
② About 3 minutes before the announcement of the news, make the order according to the expected news. This kind is relatively simple. According to the news expectation, make orders in the same direction, set orders to take profits and set orders to stop losses. Generally, the profit-loss ratio is at least 2: 1. This kind of EIA can generally be broken even if it succeeds three times.
(3) After the data is published, make the order quickly. So the name is incredible, that is, after the release of EIA data, quickly analyze the market, take advantage of the trend to make orders, and pay attention to stop loss and take profit in time. The disadvantage is that the entry point prevents chasing up and down when the market fluctuates greatly, which requires higher sensitivity to the trading platform and higher judgment ability of investors.
The third wave: after the release of EIA,
After 30 minutes of EIA data release, the crude oil market tends to be relatively stable. According to the actual situation of the news, investors can make a callback or use the rebound to make orders after the data of the K-line form and the moving average system are released.