Environmental protection subject checks and balances steel prices

Moderator: The stock market has been weakly weakened, and the linkage between the thread trend and the Shanghai Composite Index has continued to decline. When can linkage be consistent?

Chen Bingkun: I can't find a signal that the market is bottoming out. My fundamental analysis or system prompts are all falling trend prices! I don't like to guess whether it is doing analysis or trading, but I will predict the trend and make a corresponding risk control plan for the forecast direction. So when the linkage between the two can be consistent we can only wait.

Moderator: The stock index index fell before the time when you said 60-minute wave trading is more suitable for the market trend at the time, the recent stock index ** is also the continuation of the band trading strategy?

Chen Bingkun: The recent trading strategy of the stock index ** continues the 60-minute wave trading. Under the downward trend of the daily direction, we only look for 60-minute short-selling opportunities; as long as we can overcome the subjective defensive point of view, this operating style will Keep trend traders moving steadily.

Netizen: Hello, Mr. Chen, if the country's macroeconomic control efforts in the second half of the year increase, rural transformation, urbanization planning, is conducive to the trend of steel prices?

Chen Bingkun: As long as the policy is introduced, it is surely favorable to emerge. After all, there has not been a decent rise this year. Let's wait for the news or the introduction of the policy.

Netizen: From the perspective of steel social stocks, since the end of March, steel stocks have declined for 15 consecutive weeks, falling from 22.51 million tons in March to 16.91 million tons this week, a drop of 25%, and stockpiling of rebar from 10.8 million tons. It fell to 7.14 million tons this week. Can current coke be able to take advantage of this news?

Chen Bingkun: This data is difficult to make the coke turn around, and the correlation between the two factors is not big. Netizen: I would like to ask the teacher thread since the last week there was a trend trading opportunities in the past few days have not seen you suggest that these two days can appear Trading opportunities?

Chen Bingkun: Looking at whether rebar can break through the short-term pressure of 3610 tomorrow, if the breakout is effective and stable, I will promptly prompt the trading plan.

Netizen: I asked a simple question. Is the relationship between thread inventory and coke coking coal large? According to common sense, the connection is very close. Is the heavy warehouse empty coke coal now ready to leave or lighten up?

Chen Bingkun: In the morning of each trading day, I would send some daily pressure or short-term pressure on Hexun Weibo. If the price is too short, the pressure trend will be shorted to lighten up. If the price is over the daily pressure, all the positions will be closed, waiting for the trend to change, or Wait for the rebound to end before entering the short list.

Netizen: China's new round of urbanization planning is expected to be introduced during the year. Does this have an impact on the trend of steel products?

Chen Bingkun: Certainly have an impact, and urbanization is the focus of the Twelfth Five-Year Plan. There are also many aspects related to steel demand, such as the demand for angle steel in power grid upgrades. I am also very concerned about the meeting, but there is no definite time point for the meeting.

Netizen: Can coke and coking coal continue to be short? Short-term psychological pressure is greater! Is it bottomed out?

Chen Bingkun: As long as the risks and benefits are appropriate, they can participate. It is just a matter of psychological pressure. This is the time to test the objective judgment and subjective execution. Overcome subjective psychology, you can still continue to be short. Psychological stress is the biggest enemy of investors' transactions. This requires investors' understanding and understanding of life. Everyone will meet, just to see how everyone overcomes. Look at some of the celebrity biographies in the financial industry, and extract the best from the book. There are gold houses in the book.

Moderator: Thanks to Mr. Chen's wonderful answers and the interaction of netizens. This interview is over!

Chen Bingkun: Thank you, the host, thank you! Next time exchange!