legendary trader

Chapter 197 196 Investment Imagination and Gold Value

Hearing Zheng Xiaopang's words, Chen Fan finally realized that no one in the room could speak other languages ​​in Europa, but Chen Fan started to ask the two traders, "Do you speak French or not?" Any other language?"

The two traders smiled wryly and shook their heads.

Chen Fan slapped his head and said to Zheng Xiaopang: "Has the company hired anyone who is familiar with other foreign languages?"

Zheng Xiaopang shook his head, "I don't have that concept, I'm dizzy, Zazheng? What's the matter? It's too late to scare people now."

Chen Fan showed a wry smile and said: "Forget it if you don't have one, just operate according to the board, but you still have to pay attention to the English news website, which is nearby, and it should spread the news as quickly as possible. Just know in minutes."

He sighed and continued: "Come down and tell the HR side that we still need to recruit a few people. At least we need to find a few people who are familiar with other foreign languages. They can come to the company to help at any time. They are billed on time, and the fee can be higher. Things like this don’t happen very often.”

"Well, it makes sense." Zheng Xiaopang nodded in agreement, "Tomorrow, I will arrange it after work today."

"Right now, everyone will place small orders to grab the empty orders above. Don't relax. Even if the market continues to fall, we don't care about him. Increasing long orders is our goal." Chen Fan said loudly to the staff in the trading room.

In fact, Chen Fan knows very well that even if the price of gold falls again, it will only be a short-term behavior, and it will eventually rise to the 300-meter mark. When the time comes, looking at the current price, it will be a proper floor price. When it comes to the bargaining chip, just wait for the money to be counted. It just so happens that this investment in African oil fields requires a large amount of money. This time the gold shock just gave me a chance.

"It seems that my luck is good. When I need money, the market will give me opportunities to make money." Chen Fan thought to himself, feeling happy.

The price of gold fluctuated back and forth from 258 to 259 yuan, and the trading volume has increased rapidly from the beginning to now shrinking again, indicating that the market has come to choose a direction again.

Chen Fan kept calculating the data of opening and closing positions in his head against the handicap transactions, but soon he was no longer confused. It is true that the international market is traded too frequently, and the transaction data is a large piece of data.

However, if you can’t see the short-term transaction data, you can only follow your feelings. During the period of market fluctuation, the real-time statistics released by the exchange are one day, and there is no transaction information in the last one or two hours. The market trend has little effect.

However, Chen Fan still noticed that the price of gold appeared around 253 yuan again, and the bottom began to rise continuously. Although the high point was still pressed at 259.2 yuan, as the bottom gradually rose to 259 yuan, there was room for fluctuations. Already almost gone.

With the continuous accumulation of buy orders below, the gold price finally broke through the short-term pressure level of 259.2 yuan, and it is obvious that the bears are not so firm anymore.

"Swipe up the 260 order, hurry up." Chen Fan shouted suddenly.

Now that the price of gold has shown signs of breaking through upwards, there is no need to wait for the actions of other institutions, just roll your arms yourself, so as not to be overtaken by others, and when the current floor price is not up for grabs.

Although Chen Fan has never wanted to be the dominant player in the market, and hoped to grab a bite of soup with the main players in the market, he still couldn't resist the temptation of money at the critical moment, and the bargaining chips he snatched in now are all a profit.

Chen Fan didn't believe that any country's exchange could really keep clients' secrets secret, so Chen Fan always hoped to follow the victor to pick up the bargain, so as to avoid being discovered by other institutions and avoid being attacked by others.

But this time he found that facing the temptation of money, he still couldn't help being impulsive.

"Forget it, no one will pay attention to Chaofan who invests in these small arms and legs." Chen Fan could only comfort himself in this way, although he never understood that when so many participants were trading in the US stock market, the Americans were How to lock Chaofan Investment? Although there is a difference between the rumored data in the market and the actual transaction amount of Chaofan Investment, Chen Fan is still very concerned about this matter.

Although Chen Fan guessed that it had something to do with his long-short exchange at several changes in the US stock market, he still felt it was nonsense.

This time, the gold investment is not reserved at all, and we will try our best to go long, and will there be market rumors? It is not safe enough, and the transaction channel needs to be reconsidered.

As Chaofan Investment's large orders entered the market and swept away the empty orders around 260 yuan, the price of gold jumped sharply from the slow rising trend, and a straight line appeared in front of people who paid attention to the price of gold.

The transaction information in the handicap is all green long position opening transactions, which instantly makes all short sellers fearful.

The slow rise in the gold market itself is enough to hit the shorts, and there are bulls sweeping the goods at key prices. Obviously, there are big funds in the market to go long.

A large number of ordinary small and medium-sized institutions and retail investors do not have the same news channels as large institutions, and can learn all kinds of gold-related information in advance. Most of them, like Chaofan Investment, can only understand and speculate on the market based on market changes.

And this will greatly increase the price of gold by Chaofan Investment, not only to snatch low-priced bargaining chips, but also to influence the judgment of other institutions through the upward breakthrough graphics.

Anyway, at this price, the trading volume has shrunk significantly, and if you continue to trade below it, you will not be able to grab chips, so it is better to just pull it up.

This is the plan that Chen Fan will plan.

As the price of gold broke through 260 yuan, a large number of short positions liquidation orders also began to pour out. Obviously, many short camp funds have begun to liquidate their positions and leave the market.

In just a few hours, the gold market has undergone a transition from a bear market to a bull market.

However, for funds that have been involved in national market transactions for a long time, such a situation is already commonplace. When the trend reverses, it is always like this. Moving in the opposite direction quickly is expected to explode the opponent's position as quickly as possible. Get a head start.

Seeing the information in the trading background, Chaofan Investment has more than 6 long orders. Chen Fan feels that it is still a little short. Now it costs hundreds of millions of dollars to invest in an oil field. He still plans to buy news media such as TV stations and newspapers. , if it is revealed that the acquisition by Chinese capital is not being slapped hard by those Western capitals, there is a high probability that it will be impossible to get the support of the government of the country where it is located. Everything is for money.

As long as the interests are sufficient, and the company to be acquired is not an important company in the country, if it is only a second-rate company, there should still be a chance to be approved.

I don't know what happened, maybe because of the imminent first overseas industrial investment, Chen Fan's thoughts drifted a little far without knowing it.

Maybe it's because the continuous decline in gold prices has accumulated quite a lot of profit taking, maybe it's because the price of gold is already cheap enough to be very attractive to investors
After the signs of a reversal in the gold price appeared, a large number of short profit-making orders were already eager to leave the market.

After Chaofan Investment suddenly raised the price of gold, a large number of empty orders quickly flooded into the market to make a profit to close positions, and the price of gold also skyrocketed under the support of a large number of buying orders in a short period of time.

Chaofan Investment’s purchase order only quickly raised the price of gold to 260 yuan, but after stopping a large amount of buying, the price of gold only paused there for a while before being pushed up rapidly by more violent buying orders.

Now it is no longer the extraordinary investment that is driving up the price of gold, but the profit taking in the market is violently driving up the price of gold.

"Fortunately, we held hands. If someone else took the lead, we would not be able to get soup." Zheng Xiaopang said on the side, winking with excitement.

"Continue to rob, now is not the time to be happy and relaxed." Chen Fan said, "I didn't expect those short sellers to be so eager to leave the market. We should make a lot of money by going back and forth this time."

"Yes, yes, continue to grab, you predicted that the price of gold will rise by 300 yuan." Zheng Xiaopang rubbed his hands and said, suddenly looked at the board and sighed: "It's just that there are too few empty orders on it. Can't eat or buy."

Zhang Yang will joke: "There should be a lot of empty orders above 300 yuan, and you can eat whatever you want, haha"

Zheng Xiaopang also smiled and did not forget to give Zhang Yang an idiot look.

This will lead to a rapid rise in the price of gold after the breakthrough, and it has broken through to 265 yuan. The price of 266 yuan is under certain pressure, and it begins to consolidate around 266 yuan.

However, the stability of the gold price is indeed an excellent opportunity for Chaofan Investment to increase its long positions. Chen Fan and others quickly swept away the sell orders posted above, and the long positions of gold continued to increase.

There are obviously more empty orders entering the market at this position than near 259, and the trading volume can be stabilized at a high level at the beginning, but after a few minutes, the trading volume still inevitably declines.

Seeing this, Zheng Xiaopang was a little eager to try again, so he discussed with Chen Fan whether to repeat the old trick and go straight up to grab the list.

Chen Fan still wants to wait and see at this time. After all, although the empty orders are much smaller than before, they are still relatively large. I feel that they can last for a while here.

When Zheng Xiaopang heard Chen Fan say that he would take more short orders here, he didn't say anything. He just paid close attention to the transaction data in the backstage. This would mean that the long orders in Chaofan Investment's hands had already reached more than 8 lots.

While everyone was waiting for the next opportunity to raise prices, the market of gold trading suddenly changed drastically, and the trading volume suddenly shrank sharply. Not only the trading volume decreased, but also the pending orders at the top and bottom seemed to be decreasing unusually. Because the increase in transaction data was significantly slower than the decrease in pending orders, Chen Fan felt nervous, feeling that there seemed to be funds withdrawing pending orders.

Although he felt a trace of unusual aura, but because the top and bottom orders were decreasing, Chen Fan had no direction for a while. He didn't know what happened, so he could only wait for the market to change again.

The strange atmosphere of the disk spread in the trading room. Not only Chaofan Investment, but also other traders located in different places of Water Blue Star also felt the strange changes in the market at this time. Most of them chose to suspend trading and shifted their attention to their own information. on the terminal.

The transaction of the gold price almost stopped at 266.05 yuan, and a short horizontal line appeared on the gold real-time trend chart.

Changes in the board Zheng Xiaopang couldn't sit still at first, so he asked Chen Fan: "Something is wrong, is there any sudden news?"

Chen Fan frowned and shook his head, wondering what happened?

Zhang Yang and the others also stopped their movements at this time, they were all waiting for Chen Fan and Zheng Xiaopang to make up their minds, so they all looked over.

Although there were a few lots of buy orders entering the market from time to time, when the sell order of 266.05 yuan was eaten, the transaction price of gold was increased by one price, and the transaction began at 266.06 yuan.

Ma Yunbo smiled and said: "At this time, there are still people buying, haha"

Zheng Xiaopang was a little puzzled but didn't make a sound. He had already guessed where the bills came from. Most likely they were in the trading room at the other end of the building.

Soon, the sell order of 266.06 yuan was swept away, and the price of gold rose to 266.07 yuan.

The empty sell orders above the gold price have undoubtedly been revealed, and the number of pending orders at any price is no more than a few dozen lots. It is impossible to withstand such a small buy order and it will be empty after a few raids.

The real-time trend chart of gold price is like a graph climbing stairs.

Zheng Xiaopang would turn his head to look at Chen Fan's computer screen and the changes in the gold trading board, while constantly refreshing the news page to find the latest news.

The strange trend was finally broken when the price of gold was pushed up to 266.11 yuan. A large number of long orders rushed into the market. The gold price was like a rocket soaring into the sky. The gold price quickly broke through 267, 268, and 269 yuan, breaking through 270 in one breath. For the dollar, the highest transaction showed that there was a short-term correction at 271.02 yuan, but the price of gold was still tenaciously standing above 270 yuan.

The sudden outburst made Chen Fan's heart tense at first, and then suddenly relaxed, "Hurry up and scan the goods."

Without Chen Fan's instructions, Ma Yunbo and Zhang Yang had already started placing orders when the price of gold suddenly rose above 267 yuan, but it was only after the gold price stabilized above 270 yuan that everyone realized that the previous wave Didn't grab even one empty order at all.

"Fuck, it's the United States announcing an increase in its gold reserves."

Just when everyone was disappointed, Zheng Xiaopang's voice suddenly came out, looking at the eyes of several people, Zheng Xiaopang looked at the computer screen and read: "The United States said that it plans to reduce the federal gold reserves from more than 8 Tons will be increased to 1 tons, and the relevant plans will be completed soon and reported to Parliament. What the hell? It’s just empty talk, nothing.”

"Does the United States have money to buy gold?" Zhang Yang asked suspiciously, "Isn't it another bond issue?"

Ma Yunbo also said at this time: "This news is not good news. It feels like a double-edged sword. The key point is that it is just a plan. I don't know if it will be passed by the US Congress."

"This is not about whether the United States really wants to increase its gold reserves, but to tell everyone that the United States does not recognize the statement of England. Gold is no longer an important national reserve. The United States insists on the status of gold reserves and investment as a special hard currency."

Chen Fan immediately expressed his own thoughts.

Ma Yunbo nodded and said: "The decline in gold this time is actually because the market is worried about the change in the status of gold. If the big countries are scrambling to sell gold, it will be difficult to support the current gold price solely by social consumption and industrial consumption. After all, the current gold production and demand are Correspondingly, if the reserve gold is thrown out, tsk tsk."

(End of this chapter)