legendary trader

Chapter 305 306 breakthrough 0.69
Zheng Xiaopang and Zhang Yang would feel terrified watching Rui Lang's sudden callback, but they still didn't say anything at this moment, they just looked at Chen Fan to see how he reacted.

Chen Fan didn't notice the worries of the two friends at all. What he was thinking about was how the Swiss franc's main trader was going to close. After all, it was already the weekend, and there were still a few hours to close. Now It is already 0.68, will it continue to attack, hit 0.69 or even go further and directly attack the 0.7 mark.

Swiss Franc's upward attack stopped and began to adjust. He also noticed the changes in the market immediately, but at this time he was completely free from the concerns of Zheng Xiaopang and Zhang Yang. At least he had already confirmed that Swiss Franc would definitely rush up. 0.7, where is it now, how could Zheng Xiaopang and the others have such thoughts, suspecting that the market has started a new layout.

He didn't think about how the main force would end up, so he just shook his head and stopped thinking about it, let's count where he goes, today's market is already very good.

Just when Chen Fan was no longer optimistic about the follow-up market, he accidentally saw the expressions of Zheng Xiaopang and Zhang Yang, and he felt a little strange in his heart, "What's wrong with these two? Why do they have such expressions."

Seeing that Chen Fan finally started to notice them, Zheng Xiaopang asked Chen Fan: "I said Xiao Fan, you said that the Swiss franc market is not stable, why do I feel that today's promotion is so smooth, it feels so weird .”

Seeing that Zhang Yang nodded like a chicken pecking at rice, Chen Fan smiled casually, "Aren't you overthinking, what's so weird about the rise of the Swiss franc? I said at the beginning that the Swiss franc might rise to 0.7. Now Wherever you go, the market is far away, so don’t be suspicious.”

Although Chen Fan said so, the two still did not completely dispel their concerns, and started discussing with him whether to cash in some profits on rallies. It seems that even if the market does not adjust in the latter part of today, it will adjust next week. Now rallies will fall some When the market adjusts, enter the market to cover the position.

It was only then that Chen Fan discovered that the two of them seemed to have been scared out of their wits when the Swiss franc dived from around 0.675 to 0.662.

But at this time, Chen Fan was too lazy to explain. He shook his head and rejected the proposal of the two of them. He insisted on holding the position for the weekend and staying next week to see the situation. It was impossible to reduce the position.

The strength of the following market trend far exceeded the judgment of Chen Fan and the three of them. Just when they felt that the Swiss franc had separated from the other currencies of the Europa and went out of the independent market, and had accumulated huge profits up to now and needed to make some adjustments, the other currencies of the Europa Led by Mark, he launched an upward attack again, and the British pound followed suit. The trend of the major Europa currencies against the dollar rose sharply, which strongly shocked the entire foreign exchange market for a while.

Under such circumstances, no matter how dull people are, they have begun to pay attention to the economic problems of the United States. Obviously, most of the main players in the market have taken a bearish look at the recent economic data of the United States, so they will collectively short the dollar at this time. From this, it can be deduced that The economic data released by the United States next week may be very unsatisfactory.

A large number of follow-up funds began to follow up and joined the ranks of shorting the rice dollar. The Swiss franc only adjusted for a period of time. Because of the strength of other currencies in the same region, it was picked up by the market again. The Swiss franc started the third A sharp uptrend.

While Zheng Xiaopang and Zhang Yang were stunned, the Swiss franc rose much faster than the previous two times. Perhaps it was because other currencies such as the mark were the first to strengthen this time. At least the Swiss franc was still around 0.684 before these currencies rose. shock.

This time, the Swiss franc surged up almost 90 degrees, and it continued to break through small barriers. During this period, there was no resistance at all. It was not suppressed until it reached 0.69. The speed of the upward rush began to slow down, but even In this way, the Swiss franc still refuses to pull back, and the top is consolidating around 0.69, but it will not come down.

At this time, Zheng Xiaopang and Zhang Yang completely dispelled their previous worries. The entire Europa currency is appreciating. It is obvious that the market is now a bull market, and it is impossible for there to be any possibility of a short position to lure more.

The short-selling wave of the dollar that suddenly appeared at the end of the weekend also strongly aroused doubts about the U.S. economy. Influenced by the rise of the U.S. stock market year after year, most institutions and investors around the world think that the U.S. economy seems to be developing very well. , but this time there was a sudden wave of shorting the dollar, which began to impact the confidence of these institutions and individuals in the US economy. Although it could not completely break the deep-rooted concepts, it did form a certain impact.

There should be a problem with the economy of the United States, which is why the market as a whole is bearish on the United States. So what is wrong with the United States?Has the US government discovered these problems, and is there a way to solve them?

Research companies in the United States also benefited from it. After a long period of time, the business continued, because the world's major large-scale investment institutions were looking for them to collect various information and research intelligence on the United States, and to find problems in the American economy.

Tonight, Chen Fan and Zheng Xiaopang are very energetic, without a trace of sleepiness. The trend of the Swiss franc tonight is really exciting. According to this way of playing, the invested capital can be doubled in two or three days. Is there a more profitable business in the world than this?
Until the end of the U.S. market and the global financial market stopped trading, the three people watched with red eyes where the Swiss franc would close. If it can reach 0.7, then obviously the adjustment next week may be relatively strong, so Chen Fan has to consider selling some positions around 0.7. Although this possibility is not great, it has already rushed to 0.69, and the violent 0.7 is only 0.7 points. The Swiss franc has reached [-] points every time it has risen tonight. So [-] is no longer an impossible position.

But in the end, Chen Fan was still disappointed. The Swiss franc’s surge failed to reach the position of 0.7, and the highest impact reached 0.6978. I didn't leave to go back to rest, but I planned to leave when the market stopped.

Perhaps because of the short time, in the last hour or so, the market seemed to suddenly lose its previous enthusiasm, the market began to become quiet, and the Swiss franc also lost the momentum to continuously rise, and began to adjust at the last time, from the highest The 0.6978 callback all the way to 0.6940, and finally closed at 0.6942.

This closing price also indicates that Chaofan Investment's current Swiss franc investment has made a profit of more than 3 points per lot, and has completed the feat of doubling the investment.

"It's too powerful, it doubled in just 2 days, I'll wipe it." After seeing the market close, Zheng Xiaopang finally couldn't stop swearing, "It's so exciting, even more exciting than stocks and futures."

"This kind of market is rare. Don't regard the foreign exchange market these days as the normal state of the market. Under normal circumstances, the rise and fall are only a few dozen points, and the fluctuation of a hundred points is considered very large." Chen Fan Hearing what Zheng Xiaopang meant, he was afraid that he would crawl out of one pit and fall into another, so he said hastily.

"I know, I know by looking at the K-line, but the trend in the past two days is too strong, and the rise is too crazy." Zheng Xiaopang still couldn't restrain his inner excitement, "According to what you said, now the Swiss franc and other Europa There are funds manipulating behind the currency, whether it is true or not, with such a large market in the foreign exchange market, it is logically impossible to manipulate it.”

"They are not manipulating the market, but controlling the news. They manipulate the market through the unequal timing of obtaining news. They only need to have enough funds to affect the market in the short term. Finally, by releasing the news, let the power of the market Continue to maintain the trend, the trend they want." Chen Fan can only say this after thinking about it, this is also a method of manipulating foreign exchange that he can understand, unless there is a huge amount of funds, it is really impossible to manipulate the foreign exchange market under normal circumstances.

"By the way, I read that some foreign exchange analysts in the newsletter mentioned that there may be problems with the US economy last month, and the data next week may not be very good. What do you think of this?" Zheng Xiaopang calmed down and asked again, "They can't create fake data to manipulate the market, can they?"

"What's wrong with the United States? I really... don't know about it." Chen Fan deliberately kept it off, and then said to whet Zheng Xiaopang's appetite: "I don't know much about the United States, but what I often see on TV news is Labor disputes, strikes, etc. By the way, the trade unions in the United States are awesome, this is what I know about the United States, and Europa is similar, haha"

Zhang Yang shook his head and asked with some doubts: "You mean the wage dispute in the United States? Is the labor cost relatively high?"

"That should be the meaning." Zheng Xiaopang answered, and then looked at Chen Fan, waiting for him to explain.

Chen Fan would shake his head, "I just saw something on TV, and I feel that the income in the United States is very high, higher than ours, so the things made by the same process must be more expensive in the United States than ours. In the long run It doesn't look good."

"But we are going to do multi-mi stocks. According to you, if the U.S. economy suffers from problems, the U.S. stock market will also die." Zheng Xiaopang immediately discovered the problem, and hurriedly said that he did not want to invest a huge amount of money in the U.S. stock market. In the end, it was wiped out.

"I asked you to invest in high-tech companies, not those industries that require a lot of workers, do you understand emerging industries? Not those old industries, what is that word called, by the way, sunset, sunset industry." Chen Fan hurriedly refuted.

"You mean that the production companies in the United States may not be very good, and only the high-tech industry is good?" Only then asked grasping the point.

"That's how I see it, but I don't know much about the United States. I only know that their union is very good, and they can negotiate conditions with those big bosses. If you are interested in specifics, you might as well ask the research department to study the economy of the United States. It is estimated that the media will start to pay attention to these things soon. After all, the world is shorting the dollar today. This is big news, hehe." After speaking, Chen Fan got up and planned to go back to rest. Zheng Xiaopang and Zhang Yang also got up and followed him. out of the trading room.

For the next two days, Chen Fan and Zheng Xiaopang would hang out with Jin Qiang and the others. During the day, they would find a place around Rongcheng to drink tea and chat, and at night they would go to sing and relax for a while. nerve.

The negotiations on Liu Ying's side fell into a predicament. There were some differences with the current shareholders of the newspaper on the specific price and payment method. They insisted on a cash transaction, and it was a one-time payment. The price exceeded Liu Ying's expected amount by two dollars. into more than.

The key to the continuous delay in the negotiation is that when checking the financial information of the newspaper, some hidden debts are more or less found. These situations were intentionally hidden by the other party at the beginning of the negotiation.

So far, Liu Ying is still arranging accompanying accountants, and has recruited several local helpers to review the company's accounts, all of which have had a great impact on the acquisition plan.

Originally, she thought that the general framework had already been negotiated, and she came here just to go through the motions to negotiate and choose one of the two newspapers to complete the acquisition negotiation, and sign the contract quickly, but it is too early to see the completion of the acquisition negotiation.

The audit led by accountants and lawyers has just begun, and it is objectively estimated that it will take at least a week to get results. Now it is not just a matter of price, and Liu Ying is worried that there will be a debt trap in the future.

At this time, Chen Fan gave Liu Ying an idea, asking her to hang out with those people for two days. Anyway, they have to wait for the audit report to come out before making a decision on the acquisition. They can go to Europa's shipyard to see their Yacht, let her choose a large yacht she likes.

Liu Ying knew the company's current economic situation. It was true that the company had a lot of money, but according to Chen Fan's habit, most of the money had already been planned for use, so it could not be used, so after hearing that Chen Fan arranged for her to When I saw the yacht, I strongly opposed it.

"The company's funds are very tight now, and there is no extra money to buy a yacht. Didn't Fatty tell you? The money for that plane is very tight now." Liu Ying on the other end of the phone seemed to be bombarding Chen Fan's eardrums .

"I said, daughter-in-law, don't worry about money or not. If you are told to watch it, go and see it. If you are told to choose, choose it. Be obedient, and I will take care of the money matter." Chen Fan changed into a more comfortable posture and continued to talk. On the phone, he said: "In addition, let the people around you spread the word, saying that our funds are so much, if we can't buy the newspaper, we will buy a yacht instead, the negotiation of the newspaper has been terminated, and put some pressure on them, so as not to seem like we are begging them .”

"You mean to put on a show, that's fine." Liu Ying agreed without thinking too much.

But Chen Fan, who was in the country, immediately noticed, no, this chick understood the wrong meaning, and hurriedly said: "Wrong, the newspaper office wants to buy, the yacht also needs to be bought, the company is rich now, and there is no shortage of money, don't worry. "

"There's no more investment there?" Liu Ying asked suspiciously.

"Vote, how could it be possible not to vote. The company should be able to make a fortune in the foreign exchange market recently, so the company's potential money shortage problem no longer exists, so you can rest assured to see it." Chen Fan said, "The company Not only the money to buy a plane, but also the money to buy a yacht is no problem, not to mention buying a plane, a yacht, even a few dozen more, you can rest assured."

"That's ok, I see. I'll compare the two newspapers to see which one has better editors and reporters. I'm tired of continuous negotiations recently. I won't care about these things in the future."

After hearing Liu Ying's complaint, Chen Fan smacked his lips and hung up the phone, thinking about what would happen to the Swiss franc after the financial market reopened tomorrow?
But after thinking about it for a while, I shook my head in boredom. I can’t think of it. Others control the exchange rate. It may reach 0.7, and his ability can only see this step. There is no way, it is not accurate enough, and he can only see the general direction and range. Chen Fan thought helplessly, and the ability is not omnipotent.
(End of this chapter)