legendary trader

Chapter 316 317 breakthrough 0.75
On Tuesday, Chen Fan woke up from his sleep. Before he had time to wash up, he ran into the study and turned on the computer to check the latest trend of the Swiss franc.

"Damn, it's so fierce, rub it."

Seeing the latest trend of the Swiss franc suddenly made him swear, it was too unexpected.

The latest quotation for Swiss franc/meter is 0.7451. The Swiss franc started a wave again at 0.7400 o'clock in the morning this morning, directly pulling up from around 0.7450 to above [-]. It is still trading sideways at a high level and refuses to pull back. Obviously, the main bulls in the market do not intend to give shorts any chance, even if there is a space of more than a dozen points, they are so strong to push up the exchange rate of the Swiss franc.

Checked the Swiss franc with the ability, the brightness is still the same, then there is no problem, Chen Fan then slowly returned to the bedroom and went to the bathroom to wash up, and will go downstairs to have breakfast in a while.
At around 10 o'clock, Chen Fan came to the company with a happy mood, first walked into his office, dealt with the work at hand and read the latest analysis report.

The core trading room was empty. Chen Fan originally thought that Zheng Xiaopang should have come, but he didn't expect that he wasn't there.

Go to my place and turn on the computer, and soon enter the market system. The Swiss franc has risen a little bit, and has reached 0.7456. It seems that the upward trend is not over yet, and the trend line of the Swiss franc is still stubbornly going up. .

Although Chen Fan was a little surprised that the Swiss franc also began to pull up during the Asian market, he was not very surprised. After all, the sharp rise in the Swiss franc last night should have a certain stimulating effect on investors in the Asian market, and they will more or less increase their positions Some Swiss francs, Chen Fan thought.

It was almost 11 o'clock when Zheng Xiaopang came in slowly, saw that Chen Fan was already sitting there, and said with a smile: "How is today? Is it still sideways?"

"Guess?" Chen Fan glanced at Zheng Xiaopang and said.

"It should be sideways. The Asian game is garbage time, basically nothing to show." Zheng Xiaopang shook his head and said, walking back to his computer and sitting down while talking, inadvertently glanced at Chen Fan's computer.

"Damn it, it's actually increased." Zheng Xiaopang didn't care if he didn't look at it, he burst into a foul language after seeing it.

At this time, the Swiss franc / rice yuan has reached the point of 0.7463, and it has risen a few points in less than half an hour.

"Hey, I didn't expect there to be a rise this morning. It's rare." Zheng Xiaopang kept clicking his tongue, obviously a little surprised by the trend of the Swiss franc during the Asian market.

"It is said that the Swiss franc is going up now. If it comes to the European market time and the US market time, it will not go up to the sky?" Tsk tsk Zheng Xiaopang suddenly thought of this question after a long time. You must know that the price will not go up to the sky. It has reached a certain stage It will come to an end, and in the end, it will either consolidate at a high level or turn down. Unless the Swiss economy is so good that it is against the sky, it is impossible to continue to rise sharply.

"When we get to the top, we'll just run away and hang ourselves from a tree." Chen Fan glanced at Zheng Xiaopang and smiled.

"I'm afraid it's almost at the top, hey, what a pity."

Zheng Xiaopang's exclamation startled Chen Fan, "Huh? What do you mean?"

"It would be great if it could keep going up." Zheng Xiaopang smiled, "I don't do anything, just hold the position, and the money will fly into my pocket every day."

"Hehe. I'm thinking of good things." Chen Fan couldn't help but smile. The idea is good, but it's not reliable.

This round of Swiss franc’s rise in the Asian market lasted until noon, and the highest Swiss franc rushed to 0.7472, but after reaching the top, it was not as strong as the European and American markets. Lang began to fall back slightly, and soon fell below the 0.7470 point, and then continued to decline until he fell to 0.7461 before stopping the decline, and launched a small rebound, and then began to enter the garbage time period. Lang has been oscillating within a few points of 0.7465.

The shock space of 7 or 8 points up and down is already a relatively large shock range for the Swiss franc, which has been maintaining a strong sideways market recently. Chen Fan didn't think much about the increased shock space, maybe it is the market's Run the track normally.

Beginning in the afternoon, the shock space of the Swiss franc began to gradually narrow, showing that the market seems to be ready to find a breakthrough direction again.

However, according to the current trend, there is still a high probability that the Swiss franc will break through upwards. Chen Fan is not worried about this at all, but what he is thinking now is whether the Swiss franc will complete the top detection in the next day or two. If this is the case, then this operation on the Swiss franc is coming to an end, and it is time to cash in the profits.

Thinking of the profit of this operation, Chen Fan felt elated. The profit this time exceeded Chen Fan's initial imagination.

Of course, regarding the extraordinary profit, Chen Fan also understands that it is not the abnormal increase in the Swiss franc, but mainly the result of increasing positions in the middle and late stages, because the crazy increase in positions has increased the operating income this time. Regarding this, Chen Fan also began to Introspect, is there a problem with the so-called trading principles that I created in the past?

It's like thinking about the trading principles. The investment amount must be determined at the beginning, and once determined, it should not be changed.

At the beginning, this item was executed very well, but with the violent fluctuation of the Swiss franc, I was defeated by greed and chose to increase my position in Swiss francs. Now it seems that there was no accident in this operation, so I won a big victory. But think about what will happen if you encounter a crazy wash by the main force of the market after a large increase in positions during the transaction?
I can indeed see the rising rate of trading commodities, but the bullish time is uncertain. If there is a short-term violent wash, it is obvious that there may be problems with my position.

You can't think that this trading principle is wrong just because this operation is profitable, you should stick to it, and don't let the short-term profit cover up this operation error.

Although there are supernatural powers, even if I fail, I have a chance to make a comeback, but supernatural powers appear inexplicably, and will they disappear inexplicably one day.

There are too many uncertainties. Chen Fan thinks that risks should be considered before trading in the future, and it is safer to determine the positions that can participate in the transaction.

I remember a relatively influential sentence said by a certain trading master, which probably means that I have to live in the market no matter what, and only by living can there be infinite possibilities.

Chen Fan secretly made up his mind that he would not be like this time again. When he saw the benefits, he would increase his positions recklessly. Unwilling.

After thinking about it for a while, Chen Fan had no choice but to add another sentence, that is, when making a plan, he must consider the extent to which he can increase his position, keep enough safety cushions, and avoid reckless gambling just because he sees huge benefits.

This time the Swiss franc dealer should be relatively gentle, and he did not play the trick of killing both long and short like the dealer in the US stock market. Otherwise, his increase in positions would have been chopped off.

Thinking of rice stocks, Chen Fan felt a headache again, and he was about to start operating rice stocks, but when he thought of the operation of the rice stock dealer, he didn't feel it at the time, but now thinking about it, he began to feel a little scared.

At that time, I was also a newborn calf, not afraid of tigers, and my luck was against the sky, and I managed to get out alive. If there was any mistake at that time, let alone a big profit, it is possible to lose a lot.

When operating rice stocks next year, you must pay attention to it and pay attention to it. The Zhuangxin is really dark, and this time it seems that the layout is also very big.
Thoughts drifted for a long time, and finally Chen Fan could only add another principle to himself: you can be greedy at the beginning, and be more careful in the end.

Withdrawing his thoughts, Chen Fan looked at the latest trend of the Swiss franc on the computer screen, 0.7468.

Obviously, the center of gravity of Swiss franc trading has gradually begun to move upwards, which should be preparations for the next breakthrough.

Chen Fan thought so, it seems that he will stay up all night to watch the market tonight, the Swiss franc has risen so fast, if it reaches the top area, it may fall soon, it is unlikely that it will continue to pull back slightly like it is now The power to defuse bears.

Turning his head to look at Zheng Xiaopang, he whispered to him: "Maybe I will stay up late tonight to watch the market, you have to be mentally prepared."

"Huh?" Zheng Xiaopang looked away at Chen Fan, "Is the Swiss franc going to the top?"

"I think it's about the same. Maybe after 0.75, you should be ready to run away at any time." Chen Fan replied, "This time the rise is too fast, and the bottom is not well consolidated, and I think there is no profit margin. Quite a few, most of them are still on the sidelines, and there should not be many chips out of these washings, so the promotion went smoothly, because most of the chips were locked up tightly."

"Shouldn't that be called Zhang Yang?" Zheng Xiaopang nodded after thinking about it, but still asked.

"You can tell him that he will not come tonight, and let him come to the company early to take over our shift tomorrow morning. If the market does not peak tonight, it may be around the Asian market. We must have someone to watch Just follow the market." Chen Fan shook his head and said, "Just the two of us are enough, let him prepare to take over tomorrow morning."

"Okay, I'll talk to him when he comes over later." Zheng Xiaopang nodded, and soon he was all smiles. Presumably, he thought that if the Swiss franc really reaches 0.75, then the profit of this operation will be very considerable again, which is inevitable. Make people feel good.

"Has your wife booked a yacht?" Zheng Xiaopang suddenly turned to Chen Fan and asked.

"I don't know. I didn't ask when I contacted her in the past two days, and she didn't say anything." Chen Fan shook his head and said, "I almost forgot about it. I will ask next time I contact you."

"Then how is the negotiation going on with her? Is there any problem? The acquisition has not been completed after so long." Zheng Xiaopang continued to ask, he was a little curious, why did it take so long to acquire Jiapo Newspaper? This news, wondering if there is any accident.

"Hey, don't mention it. The newspaper office over there seems to have concealed the debt. Their people accidentally discovered it when they entered the newspaper office to check the information, so they asked accountants and appraisers to re-evaluate these situations, and finally had to carry out The negotiation on the price will probably take at least half a month before there will be a result." Chen Fan pouted and said, "It's really shameless, playing tricks, but fortunately, it was discovered early, and the contract was not completed. If it is discovered after signing the contract, it will be a loss. Big hair."

"It's okay to waste time, as long as you don't lose money on the contract." Zheng Xiaopang nodded, "So the people Sister Ying hired are not bad, and if they can find problems in time, it means that their business ability is quite strong. "

"That's right, let's forget about them." Chen Fan shook his head, not wanting to mention these crap anymore.

The Swiss franc maintained a fluctuating upward trend, and the price was continuously pushed up, and slowly came to around 0.7470. It took nearly half an hour of consolidation here before it began to push up again, and the time was already close to 3 pm.

Chen Fan and Zheng Xiaopang just chatted one after another, watching the Swiss franc gradually being pushed up by the market, looking at the time, the European market is about to open, "Do you think it will be the end of the Asian market?" Will it go up? You see, the Swiss franc is about to go up again now. According to the gambling nature of our Asians, there should be funds to enter the market to bet that the Swiss franc will skyrocket during the European and American markets."

Chen Fan frowned slightly after hearing this, and said after a while: "It's hard to say, let's see, if someone violently pulls up, let's see when it breaks through 0.75. Lang pushes higher."

"That would be the best, if we reach 0.76, we can earn another hundred points, ha ha." Zheng Xiaopang likes to hear that Chen Fan keeps raising his expectations for Swiss francs. It's all money, and it's not Little money, making money is addictive.

When the time came to 4 o'clock, the Swiss franc continued to rise as expected. Although there was no rush market that Chen Fan and Zheng Xiaopang wanted, the trend was indeed very strong. It hit a new high, and the Swiss franc did not make a correction after hitting a new high, but continued to rise.

During this period of time, other currencies in Europa, such as Mark and British Pound, have fallen into adjustments, so the rising Swiss franc has attracted the attention of most investors. Most investors are gearing up when they see the strong performance of the Swiss franc. eager to try.

At this moment, because Asian funds are frantically entering the market to bet that the Swiss franc will continue to rise sharply, the rising speed of the Swiss franc has shown signs of accelerating compared to before. The Swiss franc/m yuan has come to around 0.7488, which is not far from 0.75. , and the upward momentum has not wavered in the slightest, and continues to challenge upwards.

With the coming of the European session, the Swiss franc suddenly accelerated its upward movement, and the Swiss franc/m yuan quickly broke through 0.7490. The trend line of the Swiss franc also began to increase its elevation angle significantly, and the rising speed was faster.

0.7491, 0.7492, .0.74950.7498, 0.7499
Soon the Swiss franc rushed below the 0.75 mark. Looking at the upward trend line, it is obvious that the bulls in the market have also noticed that the atmosphere of the bulls in the market is very enthusiastic, so they also want to take advantage of the current momentum to raise the Swiss franc crazily. Wave.

The strength of the market is a bit beyond the expectations of Chen Fan and Zheng Xiaopang. They thought there would be some shocks at 0.75, but the short sellers in the market did not organize a strong resistance here. In less than 2 minutes, the Swiss franc It broke through the 0.75 mark, and there was no intention to adjust, and continued to rise
(End of this chapter)