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How to analyze futures by using the trading position of futures contracts
1. First of all, from the point of view of volume, volume is only divided into size and has no direction. No matter whether the price goes up or down, the transaction volume may be large or small. From an empirical point of view, the increase or decrease of trading volume is more helpful to judge the market outlook, while the increase or decrease of trading volume has less influence, which is called harmony between quantity and price. Of course, according to this law, the futures market may continue to rise if the volume rises, and it may continue to fall if the volume falls. For example, the Shanghai Copper Index rose in volume on August 9 this year, fell in volume on September 14, and fell in volume on September 10/9. At the same time, the price position corresponding to the volume is also very important.

2. In terms of positions, China futures market attaches great importance to the publication of data. Every trading day, the last issue and Zhengshang will announce the top 20 trading volume rankings and positions, and Dashang will announce all trading positions. Generally, the trading volume and positions of the top 20 or top 10 related varieties can be analyzed.

The analysis of positions is more effective, but also more difficult. I think this kind of analysis can be analyzed from both qualitative and quantitative aspects. Generally, every futures company has a main force. No matter how it is divided into warehouses, it must be expressed in quantity to reverse Gankun, while quality focuses on the nature of large orders, and quality is the main force of analysis. Generally, there are varieties that have a market, and of course the main force is also divided into absolute main force and relative main force. The absolute main force is to be long-term, and the relative main force is the main force of hot money. For example, from May 24th to July 26th, Zhengzhou Sugar Pearl River Futures, Wanda Futures, COFCO Futures and Huatai Futures are the absolute main forces.

Jiangsu and Zhejiang funds, which have always been famous for their hot money, appear more on the list of hot money of various varieties. How to divide the absolute main force and the relative main force is easy to handle. The more likely it is that the position will skyrocket, such as the fall of Shanghai Copper in mid-September. On the main short position, you will find that the copper short position of East Asia futures has changed, and the property of hot money is too great.

Of course, absolute and relative are not absolute, this is relative, and this individual is subjective. The absolute main force and relative main force are analyzed. Relatively speaking, it is better to enjoy the cool under the big tree. Of course, with big money, there is a greater possibility of eating meat. If you can master a set of methods to analyze the trading volume of positions, there must be soup in China futures market.

At the same time, positions and volume can be combined, and the harmony between the two is more meaningful.

Moreover, China's economy is more and more influenced by the world environment, while China's futures market is greatly influenced by the futures markets in London and the United States, and the futures markets in the United States also announce their positions, specifically cftc's weekly and monthly reports. This thing is also very watery. If the landlord can master this analysis method, there will be meat to eat.

O(∩_∩)O Haha ~, a family statement, for your reference!