Today I only share the views of rapeseed meal, because the previous rapeseed meal has always been a strong leader, so I only share the views of rapeseed meal today, soybean meal and rapeseed meal are basically synchronized.
From the daily point of view, today is only a technical pullback, the price is still above the 5-day line, indicating that the strength of the bulls has not yet wavered, and the strategy is still low. If you want to be short is still a pressure level, short-term light position short, timely take profit.
Rapeseed daily line
From a 1-hour point of view, today's decline was stopped at the 20-day line, and then the bulls gradually regained the lost ground. And in one day a fierce game with the bears.
Combined with our low-long strategy on the daily line, then we make the following assumption: with the 20-day line as the support point
Then we set two pressure positions, 4120, 4145~ 4160. If we can break through these two pressure levels strongly, we will set the pressure level at 4255~4280.
If you operate short-term, you can go long at a low level and take profit at a pressure position. For example, at the 4055 position, it is a better point to open more than one entry, and we set 65 points at the profit point, then the stop loss point can be set at 4030 according to the ratio of 1:3. It is also possible to go long at 4030, and the stop loss point is set at least in the ratio of 1:2 to profit and loss.
If we short order (currently the daily line is long is not recommended to go short), then follow the 1-hour pullback.
Then our strategy is to short the high, the short order near the 4148 point in the above chart is a better position, then the short single take profit level is placed near 3916 is more appropriate, and the stop loss level is also in accordance with the 1:2 profit-loss ratio. You can also follow the 4050 breakout to chase the short, once the direction is found to be wrong, immediately stop the loss. After all, it is a counter-trend order, or to be careful.
The above is a technical analysis from my personal trading system, and the following is a look at the position size
The long position is 191008 and the short position is 202139. In the price of the bulls rising, the net position of the bulls is -11131, which shows that one of the problems is that the bulls have begun to gradually take profits, and the pull-up at this time is likely to be for shipments, so we should also be cautious about chasing more. Short-selling friends should also be careful of the main force's short-selling.
I think as traders of small money, we should abandon the subjective direction and trade our own plans. Get the profit you deserve from our program.
The above sharing is only for my personal transaction history. Limited by cognition, it only means that the words of one family are not used as an investment reference. With the encouragement of the king, I wish you all the best in your investment.