legendary trader

Chapter 311 Chapter 312 Market Choice
At this time, the price of gold was trading sideways above 283 meters, but in Chen Fan's eyes, gold did not have the slightest brightness. Obviously, there would be no market price for gold in a short period of time.

On the other hand, the brightness of the Swiss franc has not changed much from the previous few days. Obviously, the impact of the lower gold price on the Swiss franc is limited to this. The trend of the Swiss franc may deviate from the trend. After all, the price of gold is not the main factor that affects the exchange rate of the Swiss franc. The national economy, trade, and currency demand are the main factors affecting the exchange rate of the Swiss franc.

Throughout the morning, the Swiss franc was consolidating below 0.7090, without the slightest intention to go higher, and gold had two small dives, but the gold price was pulled back tenaciously after the dive.

Gradually, Zheng Xiaopang also found that the price of gold seems to have reached a relatively stable range, where it seems that no matter how many selling orders the short sellers put in, they cannot shake the price of gold. It’s just a step up, and it may be adjusted above 290 yuan for a period of time.”

Zheng Xiaopang has no intention of entering the market to short gold, while Chen Fan is scratching his head because of the sideways trading of the Swiss franc.

Although it is certain that the Swiss franc will continue to rise, due to the impact of the drop in gold prices in the short term, Chen Fan is not sure whether the Swiss franc will continue to rise. After all, although there is a correlation between the two, it is not strong. As the price of gold fell, the franc showed a slight breakout trend. The Swiss franc will still be affected if it rises again today.

But now the trend of the Swiss franc has actually reached the edge of a cliff. The current price is at the lower track of the upward channel. If it cannot rise today, the perfect upward channel shape will be destroyed, and the impact on the future trend will be immeasurable up.

But so far, there is no sign of funds to operate in the Swiss franc disk.

Chen Fan shook his head, "Swiss can only see if there is a chance to activate it in the afternoon. If it doesn't start today, it will be a little troublesome."

"In fact, if the Swiss franc has a sharp setback and breaks through the lower rail of the channel, as long as it can rebound back into the channel in time, the graph will not be damaged. There is no room for growth." Zheng Xiaopang continued, "It seems that we were a bit reckless in increasing the position this time, and now it seems that we really shouldn't enter the market."

"Hehe." Chen Fan said with a smile after hearing what Zheng Xiaopang said, "Maybe it's because there are too many orders for us to increase positions, so the main funds will not be pulled. If we don't enter the market, the Swiss franc has already rushed to 0.71 .”

"Hey, who knows what happened." Zheng Xiaopang sighed and said, "At that time, the board looked good after consecutive breakthroughs, and the rising speed was too fast. Thinking about it now, it doesn't seem to be a bad thing to slow down."

"There is still a chance in the afternoon." Chen Fan still did not give up. He felt that the probability of Swiss franc regaining its upward trend in the afternoon was still very high.

The time soon came to three o'clock in the afternoon, and the domestic stock market had already closed. Zhang Yang left the work to Ma Yunbo, and went to the core trading room to watch the transactions on the Swiss franc.

When he entered the door, he saw Chen Fan and Zheng Xiaopang sitting there listlessly, looking unloved, and he knew that Swiss Franc must not be out of the market.

He walked behind Chen Fan silently and looked at the Swiss franc trend chart, which was still fluctuating within a narrow range around 0.7088.

Pulling a chair from the side and sitting down, Zhang Yang asked in a low voice: "The Europa market will open soon, Swiss Franc should have a chance to walk around, what are your expressions?"

"It's hard to say. It is said that if Europa has a chance to rise, it should perform at the end of the Asian market. In fact, the foreign exchange market is a 24-hour market. It is not just a talk, although some currencies do trade in local time. The amount is large, but in fact the influence of the time period is there, but it is not as big as imagined, look at what the Swiss franc looks like now." Zheng Xiaopang said.

"The main reason is that the rise is too fast. The angle of the rising channel of the Swiss franc on the trend chart is too large." Zhang Yang shook his head. He didn't think that the Swiss franc might go bad. Looking at the graph, it seems that the rise has no strength, but in fact, the trend of the Swiss franc is too strong, far exceeding the trend of several other currencies in Europa, which leads to the danger of the downward track of the upward channel, which seems to be broken. look.

"If the Swiss franc can't move before 4 o'clock, we can only watch the US market time to see if there is a chance to raise it." Chen Fan interjected.

"What if the U.S. market still doesn't move? Do you want to consider subtracting those orders that increased your position last time?" Zheng Xiaopang asked.

"Let's talk about it when the time comes. I guess the Swiss franc will still rise, maybe it's just a rest here." Chen Fan stretched out his tongue and licked his slightly dry lips, "I read from the information that the Swiss franc is considered to belong to One of the value-preserving assets is similar to precious metals such as gold and silver. I remember that I told you earlier that the Swiss franc can be held for a long time. From the perspective of investment preservation, holding the Swiss franc is better than holding the rice dollar.”

"Have you mentioned it?" Zhang Yang was a little confused, "It seems to have been mentioned."

Time passed quietly, and there was nothing abnormal about the Swiss franc disk, it was still oscillating up and down.

"At 10 o'clock in the evening, if we don't rush higher, we can reduce our position." Seeing the weak trend of the Swiss franc, Zheng Xiaopang said suddenly, he began to feel the risk of the Swiss franc, and the position of Chaofan Investment is too heavy Yes, a single position is also a taboo in investment.

Before Chen Fan could speak, Zhang Yang answered, "It's good to lose a little bit of position, but to be on the safe side, the most is that if the market outlook rises sharply, there may be less profit."

What Zheng Xiaopang and Zhang Yang said was just to be on the safe side, but when they are not sure about the future direction of the Swiss franc, it is actually nothing to reduce their positions appropriately when the current position is still profitable, because they do not have Chen Fan's ability.

Although Chen Fan is not sure when the Swiss franc will start up again, the exchange rate will rise for sure. Since there are sure to be opportunities to make money, there is no need to go in and out, and reduce positions for the so-called safety.

So Chen Fan flatly refused without the slightest hesitation, "No, there is no need to reduce the position."

After finishing speaking, Chen Fan paused for a moment before looking at Zheng Xiaopang and Zhang Yang, "I understand your worries, but there is really no need to worry about holding Swiss francs, just treat it as a value-preserving investment."

"Preservation investment?" Zheng Xiaopang stared at Chen Fan and then at Zhang Yang, with a disbelieving expression on his face.

Zhang Yang also looked at Chen Fan with a weird expression and said, "Okay, if it doesn't decrease, it won't decrease. What about investing in Swiss francs to maintain its value? We are investing. Money must flow to not only maintain its value, but also increase its value."

After 6 o'clock, the three of them walked out of the company shoulder to shoulder, planning to find a restaurant for dinner.

"Where are we going to eat tonight?" Zheng Xiaopang asked, the restaurants around here are almost full, and I don't want to eat, I want to change the taste.

Zhang Yang hesitated and said, "How about going to Taste Pavilion? It's been a long time?"

Chen Fan nodded after thinking about it, "The place is not far away, you don't need to drive there, and it doesn't take much time to walk there." After finishing speaking, seeing that Zheng Xiaopang had no objection, he turned around and said briefly to Li Jian and Li Wu behind him where to go.

The three of them walked slowly towards the restaurant, and while walking, Chen Fan asked Zheng Xiaopang: "Do you have contact with Li Jianhua, did he catch up with Xu Xin?"

Zheng Xiaopang laughed and said, "Xu Xin might talk to him. It seems that the girl hasn't contacted me recently. Maybe she's not in Rongcheng. I remember last time he said that he planned to open a branch in Shencheng and went on a field trip. .”

"Hey, his family's business is getting bigger now." Chen Fan exclaimed, "The last time I met him in the gym was two or three months ago. He said Xu Xin ignored him, ha ha."

"But now that Sao Bao doesn't dye his hair like a chicken coop, it looks much more pleasing to the eye." Zhang Yang continued.

Soon the three of them arrived at Taste Pavilion and found a small private room. Li Jian and Li Wu ordered a few dishes in the lobby outside and waited for them.

The three of them entered the private room, ordered a few dishes at random, and waited for the food to be served outside. But after a while, before the food came, they saw Li Jianhua push the door into the private room in formal attire.

"You guys are rare customers, why did you forget about your classmate's shop after you got rich, and you haven't come here for so long." Li Jianhua yelled at Chen Fan and the others as soon as he entered the door.

"Didn't you say you were going to Shanghai for inspection? How is it? Has there been a branch?" Zheng Xiaopang asked curiously when he saw that Li Jianhua had entered.

Li Jianhua was not polite when he came to the table, he just opened a chair and sat down with a smile: "I've gone, I have to wait to open a shop over there, the rent and labor costs are much higher than here."

"Huh? What did I hear?" Zheng Xiaopang pretended to be shocked, "Didn't you, Young Master Li, never rent a house?"

"Don't talk about this." Li Jianhua was not embarrassed at all, but just waved his hands and said: "In Shanghai, there is no good location, and the business of this store is not good, but good locations are in a state of price but no market. People only rent and don’t sell.”

Maybe I felt that I was exaggerating a bit, so I went on to say: "Of course, the price is also very touching."

"When did you come back?" Zhang Yang poured him the tea on the table and asked casually.

"I've been back for a few days, and I've stayed in Shencheng for half a month." He shook his head as he spoke, "I've stayed at several business centers there for a few days, and there's no good chance."

"Then is this the plan to leave it at that, or change the map and continue looking for a place to open a branch?" Zheng Xiaopang asked.

Taking a sip of tea from a teacup, "I won't think about it for the time being. It's really hard to say if you go out of the province, especially on the coast. The prices are really scary."

Putting down the teacup, Li Jianhua looked at Chen Fan and the three of them, "You guys are so rich that you forgot about your classmates, and it took you so long to come to my place for dinner."

"Who said that, we came here a few days ago." Zheng Xiaopang immediately started talking nonsense.

"Cut, you thought you'd tricked me." Li Jianhua curled his lips in disdain.

"You knew we were here, and you even found the private room so accurately." Chen Fan would be curious about this, and it took a while for them to come in, so Li Jianhua knew it.

"Hehe. We are in the restaurant business, so we must judge people." Li Jianhua just explained a little, and didn't say anything more.

A few people chatted casually, and in the end Li Jianhua signed the form without asking Chen Fan to pay.

"It would be nice to come to my restaurant to eat more in the future." Li Jianhua said when he left, "Zhang usually comes to my restaurant to eat from time to time, but I rarely see you coming."

On the way back, Zheng Xiaopang said curiously: "Why did Zhang Ping play with him? It's weird."

Chen Fan glanced at Zheng Xiaopang, "He runs a shop and contacts more people, such as food, sanitation, fire protection, etc. I guess he asked Zhang Ping to help with some relationships."

"However, Saobao has changed a lot after graduation, and is much more stable than in school." Zheng Xiaopang nodded and said casually.

Back at the company, Zhang Yang first went to the trading room to check on the situation of the traders, while Chen Fan and Zheng Xiaopang went directly to the core trading room.

Sitting in front of the computer, both of them were startled. It was only after 9 o'clock in the evening. Because they met Li Jianhua, they sat for a while longer, and chatting while eating took a lot of time than usual.

The trend of the Swiss franc at this time shocked both of them. At about 7:[-], the Swiss franc began to break away from the sideways area and began to fluctuate and rise. Round up market.

And at the beginning of the rise, it felt like it couldn't be stopped. It continued to push up slowly for two hours, a relatively accurate upward trend, based on the low point connection formed by the first two small upward adjustments, the bottom continued to rise , so far there is no sign of the end of the rise, but the current Swiss franc/m yuan has reached 0.7132, and it has begun to attack continuously against the recent high point.

"Damn, it's finally here." Zheng Xiaopang saw that Rui Lang raised more than 50 points while they were eating, and immediately became excited. He made more than 2 yuan per hand. ah.

"Let's see if there is any news?" Chen Fan suddenly said to Zheng Xiaopang. He was a little suspicious that the sudden rise in the market was not stimulated by news outside the market, and that would be bad.

Zheng Xiaopang quickly exited the trading interface and began to check the latest news online, while Chen Fan also switched his computer to gold trading. The price of gold was still around 282 yuan, and there was no big fluctuation, although it was slightly lower than in the morning 1 meter yuan, but there is no special trend.

"There is no news at all. The market came out by itself."

After a while, I heard Zheng Xiaopang say that he has already checked several news websites on Europa and the United States, but he did not see any special news, that is, the rise in the Swiss franc has nothing to do with the news. , It is completely out of the market itself. Of course, this is done with funds, but the market driven by funds is actually a part of the market. After all, funds and the market are inseparable.

"Looking at this posture, the Swiss franc may exceed 0.72 in the next two days. At that time, we need to pay close attention to it, and be ready to go out at any time." Chen Fan nodded and said calmly.

(End of this chapter)