{"id":10888,"date":"2026-08-11T15:29:53","date_gmt":"2026-08-11T07:29:53","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=10888"},"modified":"2026-08-11T15:30:00","modified_gmt":"2026-08-11T07:30:00","slug":"%e7%90%86%e8%a7%a3%e8%b4%b5%e9%87%91%e5%b1%9e%e5%b8%82%e5%9c%ba%e7%9a%84%e8%bf%90%e8%a1%8c%e9%80%bb%e8%be%91%ef%bc%9a%e4%bb%8e%e5%ae%9a%e4%bb%b7%e6%9c%ba%e5%88%b6%e5%88%b0%e6%8a%95%e8%b5%84%e6%a1%86","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/10888","title":{"rendered":"Hi\u1ec3u logic v\u1eadn h\u00e0nh c\u1ee7a th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd: t\u1eeb c\u01a1 ch\u1ebf \u0111\u1ecbnh gi\u00e1 \u0111\u1ebfn khung \u0111\u1ea7u t\u01b0"},"content":{"rendered":"<p>\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi tham gia giao d\u1ecbch CFD tr\u00ean kim lo\u1ea1i qu\u00fd nh\u01b0 v\u00e0ng v\u00e0 b\u1ea1c, ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi gi\u00e1 ti\u1ebfp t\u1ee5c t\u0103ng v\u1ecdt tr\u00ean m\u00e0n h\u00ecnh, m\u1ed9t c\u00e2u h\u1ecfi c\u01a1 b\u1ea3n nh\u01b0ng quan tr\u1ecdng th\u01b0\u1eddng b\u1ecb b\u1ecf qua: T\u1ea1i sao c\u00e1c gi\u00e1 n\u00e0y t\u0103ng v\u00e0 t\u1ea1i sao ch\u00fang gi\u1ea3m? Hi\u1ec3u \u0111\u01b0\u1ee3c logic c\u01a1 b\u1ea3n th\u00fac \u0111\u1ea9y gi\u00e1 kim lo\u1ea1i qu\u00fd l\u00e0 b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean \u0111\u1ec3 thi\u1ebft l\u1eadp ki\u1ebfn \u200b\u200bth\u1ee9c \u0111\u1ea7u t\u01b0 c\u00f3 h\u1ec7 th\u1ed1ng. B\u00e0i vi\u1ebft n\u00e0y s\u1ebd b\u1eaft \u0111\u1ea7u t\u1eeb ba kh\u00eda c\u1ea1nh: c\u01a1 ch\u1ebf \u0111\u1ecbnh gi\u00e1, c\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng c\u1ed1t l\u00f5i v\u00e0 khu\u00f4n kh\u1ed5 \u0111\u1ea7u t\u01b0 \u0111\u1ec3 gi\u00fap c\u00e1c nh\u00e0 giao d\u1ecbch thi\u1ebft l\u1eadp hi\u1ec3u bi\u1ebft c\u01a1 b\u1ea3n v\u1ec1 th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd.<\/p>\n<p>1. C\u01a1 ch\u1ebf \u0111\u1ecbnh gi\u00e1 kim lo\u1ea1i qu\u00fd: Ai quy\u1ebft \u0111\u1ecbnh gi\u00e1 v\u00e0ng?<\/p>\n<p>Kh\u00f4ng gi\u1ed1ng nh\u01b0 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n c\u00f3 s\u1ed5 l\u1ec7nh trao \u0111\u1ed5i th\u1ed1ng nh\u1ea5t, th\u1ecb tr\u01b0\u1eddng v\u00e0ng to\u00e0n c\u1ea7u l\u00e0 m\u1ed9t th\u1ecb tr\u01b0\u1eddng phi t\u1eadp trung. Gi\u00e1 c\u1ed1 \u0111\u1ecbnh h\u00e0ng ng\u00e0y do Hi\u1ec7p h\u1ed9i Th\u1ecb tr\u01b0\u1eddng V\u00e0ng th\u1ecfi Lu\u00e2n \u0110\u00f4n c\u00f4ng b\u1ed1 l\u00e0 m\u1ed9t chu\u1ea9n m\u1ef1c quan tr\u1ecdng cho gi\u00e1 v\u00e0ng to\u00e0n c\u1ea7u, nh\u01b0ng b\u00e1o gi\u00e1 theo th\u1eddi gian th\u1ef1c trong c\u00e1c giao d\u1ecbch th\u1ef1c t\u1ebf li\u00ean t\u1ee5c \u0111\u01b0\u1ee3c cung c\u1ea5p b\u1edfi nhi\u1ec1u nh\u00e0 cung c\u1ea5p thanh kho\u1ea3n - bao g\u1ed3m c\u00e1c ng\u00e2n h\u00e0ng qu\u1ed1c t\u1ebf l\u1edbn, c\u00e1c nh\u00e0 t\u1ea1o l\u1eadp th\u1ecb tr\u01b0\u1eddng phi ng\u00e2n h\u00e0ng, v.v.<\/p>\n<p>V\u00e0o n\u0103m 2026, th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd \u0111ang tr\u1ea3i qua m\u1ed9t cu\u1ed9c th\u1eed th\u00e1ch c\u0103ng th\u1eb3ng s\u00e2u s\u1eafc. N\u1eeda \u0111\u1ea7u n\u0103m, gi\u00e1 v\u00e0ng qu\u1ed1c t\u1ebf \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c v\u00e0 sau \u0111\u00f3 tr\u1ea3i qua \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh s\u00e2u. Nh\u1eefng ng\u01b0\u1eddi trong ng\u00e0nh ch\u1ec9 ra r\u1eb1ng v\u00e0o n\u0103m 2026, th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd s\u1ebd \u1edf giai \u0111o\u1ea1n gi\u1eb1ng co, n\u01a1i tr\u1eadt t\u1ef1 ti\u1ec1n t\u1ec7 c\u0169 \u0111ang tan r\u00e3 v\u00e0 s\u1ef1 \u0111\u1ed3ng thu\u1eadn th\u1ecb tr\u01b0\u1eddng m\u1edbi \u0111ang d\u1ea7n h\u00ecnh th\u00e0nh. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 logic \u0111\u1ecbnh gi\u00e1 v\u00e0ng \u0111ang thay \u0111\u1ed5i t\u1eeb \u201ct\u00e0i s\u1ea3n nh\u1ea1y c\u1ea3m v\u1edbi l\u00e3i su\u1ea5t\u201d truy\u1ec1n th\u1ed1ng th\u00e0nh \u201ct\u00e0i s\u1ea3n d\u1ef1 tr\u1eef thay th\u1ebf c\u1ee7a h\u1ec7 th\u1ed1ng t\u00edn d\u1ee5ng b\u1eb1ng \u0111\u00f4 la M\u1ef9\u201d.<\/p>\n<p>\u00dd ngh\u0129a c\u1ee7a vi\u1ec7c hi\u1ec3u s\u1ef1 thay \u0111\u1ed5i n\u00e0y l\u00e0 khi \u0111\u00e1nh gi\u00e1 xu h\u01b0\u1edbng gi\u00e1 v\u00e0ng, ng\u01b0\u1eddi ta kh\u00f4ng ch\u1ec9 t\u1eadp trung v\u00e0o quy\u1ebft \u0111\u1ecbnh l\u00e3i su\u1ea5t c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang m\u00e0 c\u00f2n c\u1ea7n ch\u00fa \u00fd \u0111\u1ebfn nh\u1eefng thay \u0111\u1ed5i trong h\u1ec7 th\u1ed1ng t\u00edn d\u1ee5ng \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 r\u1ed9ng h\u01a1n.<\/p>\n<p>2. Ba bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 kim lo\u1ea1i qu\u00fd<\/p>\n<p>1. Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 k\u1ef3 v\u1ecdng l\u00e3i su\u1ea5t c\u1ee7a Fed<\/p>\n<p>L\u00e0 m\u1ed9t t\u00e0i s\u1ea3n kh\u00f4ng sinh l\u00e3i, gi\u00e1 v\u00e0ng c\u00f3 m\u1ed1i t\u01b0\u01a1ng quan ngh\u1ecbch chi\u1ec1u d\u00e0i h\u1ea1n \u0111\u00e1ng k\u1ec3 v\u1edbi l\u00e3i su\u1ea5t th\u1ef1c c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9. Khi l\u00e3i su\u1ea5t th\u1ea5p, chi ph\u00ed c\u01a1 h\u1ed9i n\u1eafm gi\u1eef v\u00e0ng th\u1ea5p v\u00e0 s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a v\u00e0ng t\u0103ng l\u00ean; khi l\u00e3i su\u1ea5t t\u0103ng, ti\u1ec1n c\u00f3 th\u1ec3 ch\u1ea3y t\u1eeb v\u00e0ng sang t\u00e0i s\u1ea3n sinh l\u00e3i.<\/p>\n<p>V\u00e0o th\u00e1ng 7 n\u0103m 2026, cu\u1ed9c h\u1ecdp FOMC c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang th\u00f4ng b\u00e1o r\u1eb1ng l\u00e3i su\u1ea5t s\u1ebd kh\u00f4ng thay \u0111\u1ed5i v\u00e0 m\u1ed1i lo ng\u1ea1i c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 vi\u1ec7c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang t\u0103ng l\u00e3i su\u1ea5t \u0111\u00e3 kh\u00f4ng th\u00e0nh hi\u1ec7n th\u1ef1c. Vi\u1ec7c c\u00f4ng b\u1ed1 d\u1eef li\u1ec7u vi\u1ec7c l\u00e0m phi n\u00f4ng nghi\u1ec7p c\u1ee7a M\u1ef9 sau \u0111\u00f3 chuy\u1ec3n t\u1eeb t\u0103ng sang gi\u1ea3m, \u0111i\u1ec1u n\u00e0y kh\u00f4ng ch\u1ec9 l\u00e0m gi\u1ea3m m\u1ea1nh \u0111\u1ed9ng l\u1ef1c t\u0103ng l\u00e3i su\u1ea5t c\u1ee7a Fed m\u00e0 c\u00f2n l\u00e0m t\u0103ng \u0111\u00e1ng k\u1ec3 k\u1ef3 v\u1ecdng c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ec1 vi\u1ec7c Fed c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t. S\u1ef1 s\u1ee5t gi\u1ea3m d\u1ef1 ki\u1ebfn \u200b\u200bv\u1ec1 l\u1ee3i su\u1ea5t th\u1ef1c c\u1ee7a tr\u00e1i phi\u1ebfu kho b\u1ea1c Hoa K\u1ef3 \u0111\u00e3 l\u00e0m gi\u1ea3m chi ph\u00ed c\u01a1 h\u1ed9i c\u1ee7a vi\u1ec7c n\u1eafm gi\u1eef v\u00e0ng v\u00e0 gi\u00e1 v\u00e0ng qu\u1ed1c t\u1ebf \u0111\u00e3 tr\u1ef1c ti\u1ebfp \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y.<\/p>\n<p>M\u1ed9t s\u1ed1 nh\u00e0 ph\u00e2n t\u00edch ch\u1ec9 ra r\u1eb1ng logic bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng v\u00e0 b\u1ea1c trong trung v\u00e0 d\u00e0i h\u1ea1n kh\u00f4ng thay \u0111\u1ed5i. Khi l\u1ea1m ph\u00e1t c\u1ee7a M\u1ef9 gi\u1ea3m d\u1ea7n, c\u00e1c ti\u00eau c\u1ef1c v\u1ec1 kinh t\u1ebf v\u0129 m\u00f4 ti\u1ebfp t\u1ee5c suy y\u1ebfu v\u00e0 d\u01b0 \u0111\u1ecba t\u0103ng l\u00e3i su\u1ea5t th\u1ef1c c\u1ee7a tr\u00e1i phi\u1ebfu M\u1ef9 b\u1ecb h\u1ea1n ch\u1ebf, logic \"th\u1ecb tr\u01b0\u1eddng t\u0103ng gi\u00e1\" c\u1ee7a v\u00e0ng s\u1ebd ti\u1ebfp t\u1ee5c.<\/p>\n<p>2. R\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 nhu c\u1ea7u ph\u00f2ng ng\u1eeba r\u1ee7i ro<\/p>\n<p>R\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb l\u00e0 \u0111\u1ed9ng l\u1ef1c quan tr\u1ecdng c\u1ee7a gi\u00e1 v\u00e0ng. K\u1ec3 t\u1eeb n\u0103m 2026, t\u00ecnh h\u00ecnh \u1edf Trung \u0110\u00f4ng ti\u1ebfp t\u1ee5c c\u0103ng th\u1eb3ng v\u00e0 s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a v\u00e0ng nh\u01b0 m\u1ed9t c\u00f4ng c\u1ee5 ph\u00f2ng ng\u1eeba r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb ti\u1ebfp t\u1ee5c t\u0103ng l\u00ean.<\/p>\n<p>H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi ch\u1ec9 ra r\u1eb1ng v\u00e0ng \u0111ang tr\u1ea3i qua qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i t\u1eeb \u201ct\u00e0i s\u1ea3n tr\u00fa \u1ea9n an to\u00e0n\u201d truy\u1ec1n th\u1ed1ng sang \u201cph\u00e2n b\u1ed5 chi\u1ebfn l\u01b0\u1ee3c\u201d v\u00e0 \u0111ang d\u1ea7n tr\u1edf th\u00e0nh v\u1ecb tr\u00ed \u0111\u00e1y m\u1edbi trong k\u1ef7 nguy\u00ean \u0111a c\u1ef1c. Trong b\u1ed1i c\u1ea3nh ph\u00e1t tri\u1ec3n \u0111a c\u1ef1c to\u00e0n c\u1ea7u v\u00e0 ch\u1ee7 ngh\u0129a d\u00e2n t\u1ed9c ch\u00ednh tr\u1ecb v\u00e0 t\u00e0i nguy\u00ean ng\u00e0y c\u00e0ng gia t\u0103ng, v\u00e0ng l\u00e0 c\u01a1 s\u1edf chi\u1ebfn l\u01b0\u1ee3c trong th\u1eddi k\u1ef3 r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb th\u01b0\u1eddng xuy\u00ean v\u00e0 c\u00f3 th\u1ec3 \u0111\u00f3ng vai tr\u00f2 ph\u00f2ng ng\u1eeba r\u1ee7i ro quan tr\u1ecdng khi \u00e1p l\u1ef1c th\u1ecb tr\u01b0\u1eddng t\u0103ng l\u00ean.<\/p>\n<p>V\u00e0ng v\u1eabn c\u00f3 th\u1ec3 \u0111\u1ec7m hi\u1ec7u qu\u1ea3 cho nh\u1eefng bi\u1ebfn \u0111\u1ed9ng c\u1ee7a danh m\u1ee5c \u0111\u1ea7u t\u01b0 trong c\u00e1c s\u1ef1 ki\u1ec7n r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb l\u1edbn. \u00dd ngh\u0129a \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch l\u00e0 r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb kh\u00f4ng ch\u1ec9 mang l\u1ea1i c\u01a1 h\u1ed9i giao d\u1ecbch ng\u1eafn h\u1ea1n m\u00e0 c\u00f2n t\u1ea1o th\u00e0nh s\u1ef1 h\u1ed7 tr\u1ee3 quan tr\u1ecdng cho gi\u00e1 tr\u1ecb ph\u00e2n b\u1ed5 d\u00e0i h\u1ea1n c\u1ee7a v\u00e0ng.<\/p>\n<p>3. Ho\u1ea1t \u0111\u1ed9ng mua v\u00e0ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u v\u00e0 nhu c\u1ea7u c\u01a1 c\u1ea5u<\/p>\n<p>H\u00e0nh vi mua v\u00e0ng c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u l\u00e0 \u0111\u1ed9ng l\u1ef1c c\u1ea5u tr\u00fac quan tr\u1ecdng h\u1ed7 tr\u1ee3 gi\u00e1 v\u00e0ng trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y. B\u00e1o c\u00e1o m\u1edbi nh\u1ea5t c\u1ee7a H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi cho th\u1ea5y trong qu\u00fd 2 n\u0103m 2026, c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u \u0111\u00e3 mua r\u00f2ng 288,9 t\u1ea5n v\u00e0ng, t\u0103ng 411% so v\u1edbi qu\u00fd tr\u01b0\u1edbc v\u00e0 t\u0103ng 62% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i, l\u1eadp m\u1ee9c cao k\u1ef7 l\u1ee5c trong qu\u00fd 2. Quy m\u00f4 mua v\u00e0ng h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd duy tr\u00ec trong kho\u1ea3ng t\u1eeb 700 \u0111\u1ebfn 900 t\u1ea5n.<\/p>\n<p>Ng\u00e2n h\u00e0ng Nh\u00e2n d\u00e2n Trung Qu\u1ed1c \u0111\u00e3 t\u0103ng n\u1eafm gi\u1eef v\u00e0ng trong 21 th\u00e1ng li\u00ean ti\u1ebfp. V\u00e0o th\u00e1ng 7 n\u0103m 2026, ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 t\u0103ng l\u01b0\u1ee3ng v\u00e0ng n\u1eafm gi\u1eef th\u00eam 640.000 ounce ch\u1ec9 trong m\u1ed9t th\u00e1ng, \u0111\u00e2y l\u00e0 kh\u1ed1i l\u01b0\u1ee3ng mua h\u00e0ng th\u00e1ng l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb khi chu k\u1ef3 mua v\u00e0ng \u0111\u01b0\u1ee3c b\u1eaft \u0111\u1ea7u l\u1ea1i v\u00e0o th\u00e1ng 11 n\u0103m 2024. B\u1ea3n ch\u1ea5t chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a vi\u1ec7c mua v\u00e0ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng v\u1eabn ch\u01b0a b\u1ecb suy y\u1ebfu do gi\u00e1 v\u00e0ng cao - theo xu h\u01b0\u1edbng ch\u1ed1ng to\u00e0n c\u1ea7u h\u00f3a, nh\u1eefng r\u1ea1n n\u1ee9t \u0111\u1ecba ch\u00ednh tr\u1ecb kh\u00f3 kh\u1eafc ph\u1ee5c v\u00e0 vi\u1ec7c mua v\u00e0ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u ti\u1ebfp t\u1ee5c h\u1ed7 tr\u1ee3 \u0111\u00e1y cho gi\u00e1 v\u00e0ng.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1266\" height=\"839\" class=\"wp-image-10890\" src=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1.png\" alt=\"\u56fe\u724717\" srcset=\"https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1.png 1266w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1-300x199.png 300w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1-1024x679.png 1024w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1-768x509.png 768w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1-18x12.png 18w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1-900x596.png 900w, https:\/\/www.kpai1.cn\/wp-content\/uploads\/2026\/08\/17-1-600x398.png 600w\" sizes=\"(max-width: 1266px) 100vw, 1266px\" \/><\/p>\n<p>3. H\u1ee3p \u0111\u1ed3ng ch\u00eanh l\u1ec7ch: c\u00f4ng c\u1ee5 giao d\u1ecbch tham gia th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd<\/p>\n<p>Sau khi hi\u1ec3u \u0111\u01b0\u1ee3c logic th\u00fac \u0111\u1ea9y gi\u00e1 kim lo\u1ea1i qu\u00fd, nh\u00e0 giao d\u1ecbch c\u1ea7n ch\u1ecdn c\u00f4ng c\u1ee5 tham gia ph\u00f9 h\u1ee3p. CFD l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh ph\u00e1i sinh cho ph\u00e9p c\u00e1c nh\u00e0 giao d\u1ecbch ki\u1ebfm l\u1ee3i nhu\u1eadn b\u1eb1ng c\u00e1ch d\u1ef1 \u0111o\u00e1n s\u1ef1 t\u0103ng gi\u1ea3m c\u1ee7a gi\u00e1 t\u00e0i s\u1ea3n m\u00e0 kh\u00f4ng th\u1ef1c s\u1ef1 n\u1eafm gi\u1eef t\u00e0i s\u1ea3n \u0111\u00f3.<\/p>\n<p>L\u1ea5y v\u00e0ng l\u00e0m v\u00ed d\u1ee5. Khi b\u1ea1n giao d\u1ecbch CFD v\u00e0ng, b\u1ea1n kh\u00f4ng s\u1edf h\u1eefu v\u00e0ng mi\u1ebfng v\u1eadt ch\u1ea5t. Thay v\u00e0o \u0111\u00f3, b\u1ea1n k\u00fd h\u1ee3p \u0111\u1ed3ng v\u1edbi s\u00e0n giao d\u1ecbch \u0111\u1ec3 trao \u0111\u1ed5i ch\u00eanh l\u1ec7ch gi\u00e1 v\u00e0ng t\u1eeb khi m\u1edf \u0111\u1ebfn \u0111\u00f3ng v\u1ecb th\u1ebf. To\u00e0n b\u1ed9 qu\u00e1 tr\u00ecnh kh\u00f4ng li\u00ean quan \u0111\u1ebfn b\u1ea5t k\u1ef3 giao h\u00e0ng v\u1eadt l\u00fd n\u00e0o v\u00e0 l\u1ee3i nhu\u1eadn v\u00e0 thua l\u1ed7 \u0111\u01b0\u1ee3c gi\u1ea3i quy\u1ebft ho\u00e0n to\u00e0n b\u1eb1ng ti\u1ec1n m\u1eb7t. \u01afu \u0111i\u1ec3m c\u1ee7a ph\u01b0\u01a1ng th\u1ee9c giao d\u1ecbch n\u00e0y l\u00e0 kh\u00f4ng c\u1ea7n ph\u1ea3i x\u1eed l\u00fd vi\u1ec7c giao, v\u1eadn chuy\u1ec3n ho\u1eb7c l\u01b0u tr\u1eef kim lo\u1ea1i qu\u00fd v\u1eadt ch\u1ea5t; n\u00f3 h\u1ed7 tr\u1ee3 giao d\u1ecbch hai chi\u1ec1u - b\u1ea1n c\u00f3 th\u1ec3 mua khi gi\u00e1 t\u0103ng ho\u1eb7c b\u00e1n khi gi\u00e1 d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd gi\u1ea3m.<\/p>\n<p>Nh\u00e0 m\u00f4i gi\u1edbi Wmax cung c\u1ea5p cho c\u00e1c nh\u00e0 giao d\u1ecbch kim lo\u1ea1i qu\u00fd c\u00e1c k\u00eanh giao d\u1ecbch CFD bao g\u1ed3m c\u00e1c lo\u1ea1i ch\u00ednh nh\u01b0 v\u00e0ng v\u00e0 b\u1ea1c. N\u1ec1n t\u1ea3ng n\u00e0y cung c\u1ea5p cho ng\u01b0\u1eddi d\u00f9ng c\u00e1c \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng theo th\u1eddi gian th\u1ef1c v\u00e0 c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch bi\u1ec3u \u0111\u1ed3 nhi\u1ec1u kho\u1ea3ng th\u1eddi gian th\u00f4ng qua thi\u1ebft b\u1ecb \u0111\u1ea7u cu\u1ed1i giao d\u1ecbch MT5, gi\u00fap c\u00e1c nh\u00e0 giao d\u1ecbch th\u1ef1c hi\u1ec7n c\u00e1c ph\u00e1n \u0111o\u00e1n v\u0129 m\u00f4 v\u00e0o c\u00e1c quy\u1ebft \u0111\u1ecbnh giao d\u1ecbch c\u1ee5 th\u1ec3. Ch\u1ee9c n\u0103ng nh\u1eafc nh\u1edf s\u1ef1 ki\u1ec7n v\u00e0 l\u1ecbch kinh t\u1ebf t\u00edch h\u1ee3p c\u1ee7a n\u1ec1n t\u1ea3ng bao g\u1ed3m c\u00e1c cu\u1ed9c h\u1ecdp ch\u00ednh s\u00e1ch v\u00e0 c\u00f4ng b\u1ed1 d\u1eef li\u1ec7u kinh t\u1ebf quan tr\u1ecdng t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn tr\u00ean th\u1ebf gi\u1edbi, gi\u00fap ng\u01b0\u1eddi d\u00f9ng theo d\u00f5i k\u1ecbp th\u1eddi c\u00e1c bi\u1ebfn s\u1ed1 v\u0129 m\u00f4 c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 kim lo\u1ea1i qu\u00fd.<\/p>\n<p>4. Khung \u0111\u1ea7u t\u01b0 m\u00e0 th\u01b0\u01a1ng nh\u00e2n n\u00ean thi\u1ebft l\u1eadp<\/p>\n<p>D\u1ef1a tr\u00ean ph\u00e2n t\u00edch tr\u00ean, c\u00e1c nh\u00e0 giao d\u1ecbch kim lo\u1ea1i qu\u00fd c\u00f3 th\u1ec3 thi\u1ebft l\u1eadp khu\u00f4n kh\u1ed5 \u0111\u1ea7u t\u01b0 c\u1ee7a ri\u00eang m\u00ecnh theo c\u00e1c kh\u00eda c\u1ea1nh sau:<\/p>\n<p>Theo d\u00f5i c\u00e1c bi\u1ebfn c\u1ed1t l\u00f5i. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho r\u1eb1ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean ch\u00fa \u00fd \u0111\u1ebfn ba bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i l\u00e0 t\u00ecnh h\u00ecnh \u0111\u1ecba ch\u00ednh tr\u1ecb, d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t v\u00e0 ch\u00ednh s\u00e1ch c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang. Ba y\u1ebfu t\u1ed1 n\u00e0y t\u1ea1o th\u00e0nh \u201ctam gi\u00e1c s\u1eaft\u201d \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn bi\u1ebfn \u0111\u1ed9ng gi\u00e1 kim lo\u1ea1i qu\u00fd.<\/p>\n<p>Tr\u00e1nh theo \u0111u\u1ed5i nh\u1eefng th\u0103ng tr\u1ea7m trong th\u1eddi gian ng\u1eafn. Nh\u1eefng ng\u01b0\u1eddi trong ng\u00e0nh g\u1ee3i \u00fd r\u1eb1ng c\u00e1c nh\u00e0 giao d\u1ecbch n\u00ean t\u1eeb b\u1ecf suy ngh\u0129 \u0111\u1ea7u c\u01a1 ng\u1eafn h\u1ea1n v\u1ec1 vi\u1ec7c theo \u0111u\u1ed5i th\u0103ng tr\u1ea7m, s\u1eed d\u1ee5ng v\u00e0ng l\u00e0m \u0111\u00e1 d\u1eb1n \u0111\u1ec3 ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n, \u0111\u1ed3ng th\u1eddi l\u00e0m t\u1ed1t c\u00f4ng vi\u1ec7c ki\u1ec3m so\u00e1t v\u1ecb tr\u00ed v\u00e0 n\u1eafm b\u1eaft c\u00e1c c\u01a1 h\u1ed9i c\u01a1 c\u1ea5u.<\/p>\n<p>Hi\u1ec3u s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa logic d\u00e0i h\u1ea1n v\u00e0 bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n. Vi\u1ec7c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng mua v\u00e0ng, ch\u1ed1ng \u0111\u00f4 la h\u00f3a v\u00e0 t\u00e1i c\u01a1 c\u1ea5u tr\u1eadt t\u1ef1 \u0111\u1ecba ch\u00ednh tr\u1ecb - \u0111\u00e2y l\u00e0 nh\u1eefng \u0111\u1ed9ng l\u1ef1c c\u01a1 c\u1ea5u h\u1ed7 tr\u1ee3 gi\u00e1 tr\u1ecb l\u00e2u d\u00e0i c\u1ee7a v\u00e0ng. M\u1ed9t d\u1eef li\u1ec7u v\u1ec1 b\u1ea3ng l\u01b0\u01a1ng phi n\u00f4ng nghi\u1ec7p, m\u1ed9t ngh\u1ecb quy\u1ebft nh\u1ea5t \u0111\u1ecbnh trong cu\u1ed9c h\u1ecdp c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang - \u0111\u00e2y l\u00e0 nh\u1eefng ch\u1ea5t x\u00fac t\u00e1c th\u00fac \u0111\u1ea9y nh\u1eefng bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n. C\u00e1c nh\u00e0 giao d\u1ecbch c\u1ea7n ph\u00e2n bi\u1ec7t gi\u1eefa hai \u0111i\u1ec1u n\u00e0y v\u00e0 tr\u00e1nh s\u1eed d\u1ee5ng logic ng\u1eafn h\u1ea1n \u0111\u1ec3 thay th\u1ebf ph\u00e1n \u0111o\u00e1n d\u00e0i h\u1ea1n, \u0111\u1ed3ng th\u1eddi tr\u00e1nh s\u1eed d\u1ee5ng ni\u1ec1m tin d\u00e0i h\u1ea1n \u0111\u1ec3 b\u1ecf qua nh\u1eefng r\u1ee7i ro ng\u1eafn h\u1ea1n.<\/p>\n<p>Ph\u1ea7n k\u1ebft lu\u1eadn<\/p>\n<p>Bi\u1ebfn \u0111\u1ed9ng gi\u00e1 tr\u00ean th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 s\u1ef1 d\u1ef1 \u0111o\u00e1n c\u1ee7a logic v\u0129 m\u00f4 t\u1ea1i m\u1ed9t th\u1eddi \u0111i\u1ec3m c\u1ee5 th\u1ec3. L\u1ed9 tr\u00ecnh l\u00e3i su\u1ea5t c\u1ee7a Fed, ph\u00ed b\u1ea3o hi\u1ec3m r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 ho\u1ea1t \u0111\u1ed9ng mua v\u00e0ng c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u\u2014c\u00e1c l\u1ef1c l\u01b0\u1ee3ng v\u0129 m\u00f4 n\u00e0y c\u00f9ng nhau t\u1ea1o th\u00e0nh khu\u00f4n kh\u1ed5 c\u01a1 b\u1ea3n cho xu h\u01b0\u1edbng gi\u00e1 v\u00e0ng v\u00e0 b\u1ea1c. Hi\u1ec3u \u0111\u01b0\u1ee3c nh\u1eefng logic n\u00e0y kh\u00f4ng c\u00f3 ngh\u0129a l\u00e0 c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n ch\u00ednh x\u00e1c gi\u00e1, nh\u01b0ng n\u00f3 c\u00f3 th\u1ec3 gi\u00fap c\u00e1c nh\u00e0 giao d\u1ecbch duy tr\u00ec \u0111\u1ecbnh h\u01b0\u1edbng nh\u1eadn th\u1ee9c r\u00f5 r\u00e0ng trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng. Wmax Broker cung c\u1ea5p cho c\u00e1c nh\u00e0 giao d\u1ecbch m\u1ed9t m\u00f4i tr\u01b0\u1eddng c\u01a1 b\u1ea3n \u0111\u1ec3 chuy\u1ec3n \u0111\u1ed5i nh\u1eadn th\u1ee9c v\u0129 m\u00f4 th\u00e0nh c\u00e1c quy\u1ebft \u0111\u1ecbnh giao d\u1ecbch c\u1ee5 th\u1ec3 th\u00f4ng qua thi\u1ebft b\u1ecb \u0111\u1ea7u cu\u1ed1i giao d\u1ecbch MT5, l\u1ecbch kinh t\u1ebf v\u00e0 c\u00e1c c\u00f4ng c\u1ee5 th\u1ecb tr\u01b0\u1eddng theo th\u1eddi gian th\u1ef1c.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 logic \u0111\u1ecbnh h\u01b0\u1edbng gi\u00e1 v\u00e0 khung \u0111\u1ea7u t\u01b0 c\u1ee7a giao d\u1ecbch CFD v\u00e0ng v\u00e0 b\u1ea1c. B\u00e0i vi\u1ebft n\u00e0y b\u1eaft \u0111\u1ea7u t\u1eeb c\u01a1 ch\u1ebf \u0111\u1ecbnh gi\u00e1 phi t\u1eadp trung, ph\u00e2n t\u00edch ba bi\u1ebfn s\u1ed1 c\u1ed1t l\u00f5i c\u1ee7a l\u00e3i su\u1ea5t th\u1ef1c t\u1ebf c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang, ph\u00f2ng ng\u1eeba r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 mua v\u00e0ng c\u1ea5u tr\u00fac c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u, \u0111\u1ed3ng th\u1eddi k\u1ebft h\u1ee3p c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m c\u1ee7a thanh to\u00e1n ti\u1ec1n m\u1eb7t v\u00e0 giao d\u1ecbch hai chi\u1ec1u \u0111\u1ec3 gi\u00fap b\u1ea1n thi\u1ebft l\u1eadp s\u1ef1 hi\u1ec3u bi\u1ebft c\u00f3 h\u1ec7 th\u1ed1ng v\u1ec1 \u0111\u1ea7u t\u01b0 kim lo\u1ea1i qu\u00fd.<\/p>","protected":false},"author":1,"featured_media":10889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[122],"tags":[367,1521,146],"class_list":["post-10888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tutorial","tag-367","tag-1521","tag-146"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/10888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=10888"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/10888\/revisions"}],"predecessor-version":[{"id":10891,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/10888\/revisions\/10891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/10889"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=10888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=10888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=10888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}