legendary trader

Chapter 304 305 breakthrough 0.68
After the Swiss franc exchange rate broke through 0.67 silently, the trend line became gentler. Although it still rose tenaciously, it was very different from the previous violent rise.

Seeing such a trend, Chen Fan was not in a hurry, he should just slow down a little after the jerk, if he didn't jerk all the way, he would fly into the sky.

Seeing that the Swiss franc has regained its position at 0.67, the profit per lot of Chaofan Investment’s positions has reached dozens of points, and the book floating profit is quite considerable. However, according to their initial judgment, the Swiss franc has a high probability of breaking through 0.7. There is still 300 points of profit space in the future, and when the time comes, the floating profit will double up again. Zheng Xiaopang is a little afraid to think about it. How much will the final profit be?
In fact, it’s not that he didn’t dare to think about it, but that he was frightened by simply calculating the numbers. He was still ignorant when he was operating rice stocks, and then he made a lot of money after chasing ups and downs. Fan commanded the direction and made a lot of money again, and this time the Swiss franc, if Chen Fan made the right bet again, at least 5 million yuan in profit this time is safe.

This volatile market continued until the opening of the US market, and the Swiss franc rushed to 0.6728 at the highest intraday.

However, after the US market time, the volatile upward trend of the Swiss franc was perfectly inherited without any twists and turns, and the Swiss franc continued to rise without haste. In the early morning, the Swiss franc once rushed to around 0.6746, and it was still not decent in the market. The short side shot to suppress.

"It's going a little too fast today, and the increase is too scary." Zhang Yang said after calculating the increase for the whole day, and it went up by more than 1 point in one day. Will it continue to rise tomorrow?The current profit is already very rich, and he began to worry about tomorrow's trend.

"Yesterday it rose sharply. Now it's past 0 o'clock. Today's trend hasn't come out yet. Why are you expressing emotion?" Zheng Xiaopang said with a smile as usual.

"Okay, let me tell you Xiaofan, will there be an adjustment in the Swiss franc today? This short-term increase is a bit big." Zhang Yang turned to Chen Fan and asked.

"If the U.S. market continues to rise, it may continue to rise today, and it may not be impossible to reach 0.68." Chen Fan said after thinking about it, "The main force has laid out such a big game here, it should not let If the bears have a chance to get out, they should at least be released above 0.68.”

"Then there is no rush right now. The short sellers can stop their losses at any time." Zheng Xiaopang shook his head and said, "If you want to eat the short sellers, then you should rush to a high position and let them stop their losses."

Chen Fan just smiled and nodded, "It is probably because the Swiss franc was pushed up against the trend, and the resistance is still relatively large. The main force is worried that it will attract new short-selling funds to enter the market. After all, the current news, especially the official The data has not come out, and there are still variables in the market. If there is a rush at this time, even if the data in the United States is beneficial to the bulls, it does not rule out that these days should be crazy to attract strong short sellers and directly blow up the bulls. After all, the foreign exchange market is Those who really rely on money to speak, as long as there is no news, they are more powerful than anyone with more money."

"That makes sense. If you really bring in a powerful short seller, you will blow up your long positions directly, hahaha. The bulls really have no place to cry." Zheng Xiaopang nodded cheerfully, which is considered to be in agreement with Chen Fan's statement.

"It's scary to go up by 1 point a day like this. The floating profit in a day is more than 1%, how can there be such a profitable business." This also nodded in agreement.

"If there is no accident, the Swiss franc should close above 0.68 this week, and it may consolidate strongly at the beginning of next week. We will continue to speculate after the official data from the United States is released." Chen Fan simply defined the market, meaning that this week's rise is In this way, the initial stage of next week's market may be a consolidation, and it will not continue to rise sharply like it is now.

"It is possible that both the bulls and the bears will be cautious when the economic data is released. At least the bears will not attack suddenly before the release of the data. If the data is good and they try hard to beat the market, the bulls will have no way to resist." Zheng Xiaopang also agreed, The market may not be good in the first half of next week, and the market in the second half will depend on the economic data of the United States.

"You said, is it possible for us to be short-term for two days after the market opens next week? I'm afraid that an adjustment will bring us back." Zheng Xiaopang was talking on a whim. Zheng Dashao cried and fainted a few times, the profit of tens of millions of yuan was turned into flying ashes, and he directly changed from floating profit to floating loss. What does it mean? The first time he entered the market was wrong. Fortunately, at the critical moment, Chen Fan asked him to mobilize funds to enter the market to cover his positions, so the current situation occurred. Not only did he not lose money, but he also obtained more than expected profits.

"Where are you going to spend the weekend when you wake up after a while?" Chen Fan asked suddenly.

"Not in the mood, let's pay attention to the market of Xiaoqianqian first." Zheng Xiaopang shook his head and said nothing.

After the Swiss franc rose to around 0.6745, it began to lose momentum to continue rising and began to adjust.

Although this adjustment disappointed Chen Fan and the others, it did not exceed their expectations. After all, it was unreasonable not to have a decent adjustment if it shot up by hundreds of points. An adjustment here would also help the next step to continue to rise, right?

Although everyone knew this truth, several people felt bored watching the Swiss Franc trade sideways here for nearly half an hour, and got up one after another to find some snacks and fruits to pass the time.

"Will you go straight up to 0.68 in a while, don't you think?" Zheng Xiaopang asked while eating the pear in his hand.

"It may be a quick pull at the beginning, after all, it has been here for so long." Zhang Yang felt that after the adjustment, there should be a rapid increase process, and those who thought the market was about to fall into an adjustment were completely discarded. Chances of them chasing up.

"Why do you think so much? After the adjustment, it is reasonable to say that it will continue to rise. In fact, there is no need to wash the plate now. It can be directly and slowly pulled until the close." Chen Fan expressed his opinion with a smile. Few people are shorting. The Air Force estimates that this will be on the sidelines, because they don’t know where the funds to start the market are, so they should ask around for news to see if there is any news about the missing bullish Swiss franc.

"Why didn't the Air Force go short? This pull-up seems to be a resistance around 0.667, and the price will be pushed up by the bulls in the future. Is there any problem in it?" Zheng Xiaopang started from being extremely optimistic. I became paranoid, and began to worry about whether the bears were beginning to lure too much.

"What are you thinking about? It's a good thing for short sellers not to make a move. It would be good to let the Swiss franc fly for a while. In fact, what I am most worried about is whether the official data of the United States next week will be good. If it is good for the dollar, we will be unlucky. Next week Are you looking for a high point to cash in part of the profit?" Zhang Yang put forward the idea of ​​closing when he sees a good deal, thinking about clearing a little position first, and improving his ability to resist uncontrollable news.

"I don't think it's necessary. The news we have collected is actually beneficial to the rice yuan, but the market is honest. There has always been a fund in the market that is tenaciously long the Swiss franc. Although I am not sure about the influence of these funds It’s very big, I can know in advance the specific situation of the economic data that the U.S. government has not released to the public, but he dares to play against the trend at this time, I think it’s impossible to have no confidence.” Chen Fan looked at Zheng Xiaopang and then looked at it Zhang Yang, "I think, sometimes it's better to look at the movement of funds in the market than hearsay. Although there are occasional funds that make mistakes, I don't think my luck is that bad."

"You are the major shareholder, so you are right." Zhang Yang said with a smile, got up and walked to the computer.

Chen Fan and Zheng Xiaopang also speeded up to clean up the unfinished snacks in their hands. At this moment, they heard Zhang Yang shouting, "Swiss Franc has started up again, come here quickly."

"Just one more word, when did you stutter?" Zheng Xiaopang threw the pear in his hand into the trash can and got up and walked over. Chen Fan also got up and walked back to the computer.

At this time, the trend line of the Swiss franc on the computer screen once again appeared an 80-degree rising angle and began to attack upwards. At this time, the price of the Swiss franc was 0.6762
"It started very suddenly. It started to pull up without jumping down first." Zheng Xiaopang said after sitting down and watching the trend of the Swiss franc.

"It started without any warning." Zhang Yang also thought so, and started to dry without washing the dishes.

"It's going to pass 677, this wave is tough, I'm afraid we have to directly adjust it to 0.68." Zheng Xiaopang laughed.

"You mean an increase of [-] points again? It won't be such a sharp trend." Zhang Yang still can't believe that the Swiss franc will go so crazy. , I am afraid that those short sellers will go crazy if they are pulled up like this.

Chen Fan didn't speak all the time, just watched the crazy trend of the Swiss franc, and broke through 0.677 soon, but this did not affect the Swiss franc to continue to rise, and still maintained an upward attack with a large elevation angle of 80 degrees, and soon approached 0.678, there is still no resistance, a smooth breakthrough, and continue to rise.
"I didn't expect it to be so fast, I'm afraid it will really increase by another hundred points." Chen Fan looked at the happy Zheng Xiaopang and Zhang Yang, and said in a low voice.

"You said it will close at 0.69 after such an increase. Don't tell me 0.68. That point is not a problem at all." Hearing Chen Fan's opening, Zheng Xiaopang immediately began to ask him about his latest judgment on the Swiss franc.

Chen Fan just frowned after hearing this, and said after a while: "It is possible to touch 0.69, it is really hard to say now, this time the main force seems to have really started to pull up with all its strength, and it has already reached 0.679, just look at 0.68 Can it have a certain suppression effect? ​​If the short sellers here still do not organize an effective resistance, I am sure that the short sellers in the market are actually scattered. There is no powerful short seller at all. When encountering such a powerful long seller, Short sellers can only be passively killed."

Zheng Xiaopang, as a member of the bulls at the moment, of course likes to hear that the bulls are powerful, and Chen Fan's words made him smile again.

Apparently, the market honestly reflects the current strength of long and short positions in the market. The bulls easily broke through the 0.68 mark. It is a very important threshold of 0.68, but the strength of the bulls still seems to have not been vented, and the 80-degree upward momentum has not been restrained, and it is still tenaciously upward.

"It's too powerful. There is almost no change in this upward curve. The air force has completely given up resistance." Zheng Xiaopang said happily, pointing to the white line on the computer from time to time.

"It's really powerful. It hardly gives the short sellers a chance. Even if you snipe, the curve will not be so smooth. The Air Force may not have any big organization, so everyone will be stupid." Zhang Yang saw The bulls can't help but click their tongues for such a powerful realization. They don't look like short sellers. They haven't even managed to snipe at the most basic key points. Maybe there really are no short sellers in this market.

Of course, in Zhang Yang's heart, he also knows that this is impossible. He is more willing to believe that it is the strong performance of the short-sellers in the face of the bulls. This will probably be wait-and-see, because they don't know the source of the bulls' confidence, so they will choose to endure. .

For investment institutions in the market, their positions generally have their own safety standards. It is extremely difficult to blow up the positions of an investment institution, because their risk control department will be responsible for all investment projects. Carry out risk assessment and confirm the safe position line. Institutional traders can only trade below this safe line, so it is impossible to liquidate their positions. Generally, they admit defeat and liquidate their positions.

But why did the organization that is doing this now not carry out a strong snipe, which made Zhang Yang feel uncertain.

He would rather see the bulls and the shorts go through a fierce battle, and finally the bulls win and stir up the Swiss franc, rather than see the shorts not resist and let the Swiss franc rise. Something is wrong with Zheng Xiaopang, and he began to become suspicious. Although he didn't know it himself, he just felt that he was seriously analyzing the market from the perspective of a bystander.

So, soon Zhang Yang and Zheng Xiaopang began to whisper, what they will consider is whether this crazy upward trend is the crushing of the strength of the bulls or the suspicion of the bears, and they are trying to lure the bulls in the market operate.

This time, the rise was very violent. The Swiss franc started from around 0.6745, pulled up hundreds of points all the way, and rushed directly to around 0.6840 before starting to tick.

The market is a little impatient for the time being. After such a violent rise, many profit-making chips can no longer restrain themselves and began to rush into the market to close positions. The short-term rise of the Swiss franc was finally suppressed. Slow callback.

And such a callback is full of fear in the eyes of Zheng Xiaopang and Zhang Yang. Are the shorts ready to harvest the bulls after completing the layout to lure the bulls?

The two stopped talking for a while, and looked at Chen Fan anxiously. Seeing that everything would be the same without any abnormality, the two felt a little toothache, and looked at each other for the last time, planning to tell Chen Fan about this Thing, this promotion is too mysterious, if there is a problem, find out early and have a chance to escape in time to avoid huge profits being spit out again.
(End of this chapter)