legendary trader

Chapter 303 304 Breakthrough Direction
Time flies by after the meal. Until the opening of the European market, the trend of the Swiss franc has been tepidly fluctuating around 0.664. With the arrival of the European market, the Swiss franc has gradually started to rise .

Although there was a sharp drop in the first two days, after all, the Swiss franc has always been relatively strong in the Europa market and the American market, so most traders in the Asian market are still cautious, reducing transactions and starting to wait and see.

In the absence of uncertainty about whether the rebound will continue, the Swiss franc continued its slow upward trend, and the market still showed a continued rebound.

And Chen Fan started to be very nervous at this time. In the past few days, whether he is eating bran-swallowed vegetables or eating spicy food, he has seen the trend for a while. He is long 30 Swiss francs. It is false to say that he is not nervous. Of course he is nervous. It's not that I'm worried about the Swiss franc crashing again, but I don't want to be so exhausted and uncomfortable for a long time.

Looking at the latest Swiss franc quotation of 0.6642/0.6646, the number kept jumping up and down by 1 point, Chen Fan suppressed his anxiety and sat there quietly waiting for the final answer to be revealed.

Soon, the exchange rate of the Swiss franc began to fluctuate intensified. Chen Fan knew that it should be that the traders over there had started trading, but the time had not yet come. It should be the actions of some traders, and their actions In fact, it also represents the mainstream judgment of the traders over there.

Although the Swiss franc jumped up and down very sharply, the middle price of 0.6645 remained there all the time, but the fluctuation points changed from 1 point to 3 or 4 points, and there was still no clear direction.

However, with the passage of time, Chen Fan still felt that the trading center of the market had an upward trend, because most of the refreshed transaction data were above 0.6645, showing that a large number of orders were long and long orders. Gradually began to favor the long market, of course, it is not yet possible to confirm whether this trend is established, these can only be used as a reference before the market does not pull up significantly.

"The time is up, but the market still hasn't moved." Zheng Xiaopang finally couldn't stand it after being quiet for more than an hour. Powerful, so it can’t move the price?”

Chen Fan just smiled wryly when he heard this, shook his head and didn't answer.

Zheng Xiaopang saw Chen Fan's attitude, so he stopped talking. He knew that Chen Fan would be much more anxious than him, and he couldn't find anything to ask, so he just continued to practice the shut-up Zen.

It was past 5:[-] p.m., and Zhang Yang had already dealt with the affairs of the investment department, so he opened the door and walked in, "How is it now? Is it going up?"

"It's still the same, I can't see the direction." Zheng Xiaopang answered first, he was already pressed by the dull atmosphere, and he finally spoke hastily when he had a chance to speak.

"Is everything settled over there? What's the situation at the domestic stall." Chen Fan turned his head and looked at Zhang Yang and asked.

"I still don't invest according to the combination you gave. The current profit is a little bit worse. The market is not good. It's just a small profit." Zhang Yang laughed, "But it's much better than those public offerings. The net worth they released has always been low. It’s going down, and our net worth is still slowly rising.”

"It's not exactly according to my combination. In fact, the targets given by the research department are also good. Just grasp the concept of consumption. Now that the economy is developing rapidly and the income of residents has increased a lot, it is not a big problem to invest more money in that area. .” Chen Fan said casually.

"As for the export, most of the domestic competitive companies have established themselves. In the next few years, unless a few of these companies can beat overseas competitors in the same industry and stand out, most of them will have no prospects for development. It will be good if they can maintain it." Thinking about it I think Chen Fan added a few more words.

"Okay, in the future, pay more attention to their competitiveness when investing in export-oriented companies. Is it mainly based on their technology investment? I think most foreigner companies disclose the proportion of research expenses in revenue as an important indicator." Zhang Yang continued. , "The people in the research department should pay more attention to that, they have more contact with this kind of information."

"In addition to investment in scientific research, it's actually the boss of the company who sees people." Chen Fan added.

"Look at people? What do you think? Beauty is justice? Hehe." Zhang Yang said with a smile after hearing Chen Fan's words.

Chen Fan frowned and thought for a while before organizing his words before saying: "Apart from the company's technological competition, the boss's vision is very important to the company's development. .”

Zheng Xiaopang also became interested when he heard this, "According to what you mean, do you want to find a few masters and give orders to these bosses, and we will vote for whoever is lucky enough to be rich?"

Chen Fan also smiled when he heard this, and he said after a while: "That's a good idea, Zhang Yang, remember to ask if there are any masters, metaphysics can also be tried, and it won't cost much."

Zhang Yang was speechless for a while, found a seat and sat down without speaking, just quietly watching the trend of Swiss Franc.

After watching the trend of the Swiss franc for a while, the expressions of the three people gradually began to relax. The trend of the Swiss franc has started to rise slowly from the sideways, and the latest price has reached 0.6651.

"It seems to be going up." Zheng Xiaopang looked at the market cheerfully and said, "As long as it continues to go up like this, there is hope for it to rise today."

Chen Fan wasn't too optimistic, it just rose by a few points, and he couldn't get rid of the current bullish trend at all, "I want to be optimistic, but the market is still too far away."

Just when Chen Fan was expressing his not-so-optimistic views, the trend line of the Swiss franc suddenly began to rise sharply, 0.6652, 0.6654, 0.6653, 0.6654
"Yeah." Chen Fan who was talking suddenly shut up. Seeing the trend line of the Swiss franc start to rise rapidly, there were countless MMPs in his heart that he didn't say, and it was very uncomfortable to hold back.

"It's flying, it's taking off." Zheng Xiaopang ignored Chen Fan's embarrassment at the moment, and watched the price of Swiss francs continue to rise with a playful smile, "It's rich, this time the position can make a fortune, no, we still have Have a position? Add or not?"

"Why are you so excited? You're so happy after just a few points." Chen Fan turned his head and said to Zheng Xiaopang who was bluffing with a smile on his lips.

"Look, it's already 6659. It's more than 1 points in less than a minute." Zheng Xiaopang said cheerfully, and slapped Chen Fan on the shoulder suddenly, "You boy, you are awesome again! Guess right."

"Ah, don't be too happy. It's not a stable walk now. It will be a little more stable if it can be raised by another [-] to [-] points." Chen Fan was startled by Zheng Xiaopang's slap, and he came back to his senses. Said.

It is false to be unhappy after making money, but it is true that the current trend is not clear, and it is not yet the time for optimism.

Zhang Yang is holding back a laugh at the moment, watching the two of them talking nonsense, but he also agrees with what Chen Fan said that the current trend is not stable. It is true that although the Swiss franc has been pulled up quickly, it is hard to say whether the trend has formed , it needs at least one retracement to continue to rise to confirm that the upward trend is established. Only then can it be said that Chen Fan's guess that the Swiss franc market has started is correct.

"It's 6665, and it's still charging." Zheng Xiaopang didn't notice this. At this moment, he only thinks that they bet right. This will rise so fast, and the floating profit is already more than 30 points.

"Keep going, don't stop." Zheng Xiaopang was shouting, now he wished that the Swiss franc would rise directly to the sky, and he was still worried about the lack of money for planes and yachts. The company had money in its account, but the money was all lost. The plan is out, and there will be almost no working capital next year. When the time comes, where will the money for the plane and yacht be paid? If there is no other way, I can only consider finding a bank loan.

Although the yacht has not been finalized yet, the plane has been finalized and the contract has been signed. Now it’s all over. Don’t worry about the money. It’s no problem to buy a few more after the Swiss francs are finished.

Zheng Xiaopang doesn't like managing companies, but he likes managing small money.

He has always been in charge of Chaofan Investment's finances, not because he is worried about others cheating his money, but because he likes to take care of it.

He felt at ease when he looked at the funds in his bank account.

This time the rising wave came a bit suddenly, at least that's how Chen Fan saw it, it was always sideways, and suddenly started to pull up, there was no such thing as a sharp drop before.

A few minutes later, the Swiss franc surged to 0.6672, and the growth rate began to slow down. After hitting 0.6675, it began to show the weakness of the surge. As the final certain long orders rushed into the market, the Swiss franc began to fall slowly.

At the beginning, the falling speed was so fast that both Chen Fan and Zheng Xiaopang were shocked. The exchange rate dropped sharply from 0.6675 to 0.6672, and then quickly dropped to 0.6670 before stabilizing and began to fall slowly.

Chen Fan could see that the support below 0.6670 was very strong, and the Swiss franc stopped falling after falling only a dozen or so points, and started a sharp recovery.

The speed of recovery this time was very slow, and it only took a few minutes to rise from 0.6665 to 0.6668. Looking at the trend line fluctuating up and down, it gave people a feeling of unreliability. Occasionally, there were occasional cases where it dropped 2 points in a row.

But every time it falls suddenly, the Swiss franc will only resist at 0.6665, and will not continue to fall, but will be pushed back to its original position soon.

As the Swiss franc gradually approached 0.667, Chen Fan felt that such a sudden drop of a few points became less and less, as if a big storm was brewing in the market.

Soon the Swiss franc was pushed up to 0.6670, and then quickly rose to 0.6671. At this moment, a straight line appeared on the computer screen, and the price of the Swiss franc was directly dropped to 0.665. The line disappeared in the next second .

The Swiss franc continues to rise tenaciously, 0.6672, 0.6673
When the Swiss franc approached the previous high of 0.6675 again, the sudden dive appeared again. This time, the first wave directly hit 0.6668. 0.6665 on.

Zheng Xiaopang just opened his mouth, but didn't say anything in the end.

"Will there be a second wave?" Zheng Xiaopang's silence didn't mean others didn't speak, Zhang Yang said suddenly.

When everyone was worrying, the bottom of the Swiss franc 0.6665 was broken, and a small straight line appeared on the trend line again, jumping 3 points directly, appearing on 0.6662, and then quickly fell to 0.6660.

"It's a bit bad." Zheng Xiaopang said when he saw this, "The few points that have risen are not enough for two dives."

"It doesn't matter, wait until next week at most." Chen Fan shook his head, "It's just a matter of a few days, the main thing is whether to place some orders and free up some positions."

Frowning and thinking for a while, Chen Fan continued, "I don't think it's safe to go out now. After all, although the market is bearish now, at least it seems to be a bullish market. Today's gains have not been eaten up."

"We'll be caught after we eat up, huh? Wait, you mean there's still a turning point, and the current decline may be a washout?" Zheng Xiaopang answered casually, and suddenly thought of something and hurriedly asked.

"You can't be short-term now. It's just a short-term decline. Although it looks like a headache, it's still within the tolerable range." Chen Fan stuck out his tongue and licked his dry lips, "Wait a minute, if we fall below 664, we will lighten our positions. "

This time the Swiss franc’s decline came and went quickly. After falling below 0.6660, it quickly stopped the decline at 0.6658, quickly recovered 0.6660, and then began to fluctuate in a wide range between 0.666 and 0.667. It seems to be choosing a direction .

"It's time, should we go out to eat or order food delivery?" Zhang Yang asked after looking at the time, "It seems that we have to entangle for a while, and there will be no direction in a short time."

"Let's order dinner, I don't want to go out anymore." Chen Fan said after checking the time on the computer.

Zhang Yang nodded silently, took out his mobile phone and started dialing to find a restaurant to deliver food.

While waiting for the meal, the Swiss franc suddenly became stronger unexpectedly. After fluctuating violently above 0.666 for about ten minutes, it suddenly broke through upwards. When Chen Fan, Zheng Xiaopang and others did not respond, A long straight line appeared directly on the trend line of the Swiss franc, pulled up almost 90 degrees vertically, and broke through the previous high point of 0.6675 in an instant, and then the straight line continued to extend upwards, 0.6680, 0.6685
Suddenly being pulled up in a straight line, the Swiss franc rushed below 0.67 in just a few minutes while market participants were dumbfounded, and almost oscillated around 0.6696.

0.66970.66980.6699
"Today is really going to break through." Chen Fan was the first to react, and said suddenly when Swiss Franc reached 0.669, and then laughed and continued to stare at the computer screen to see how Swiss Franc planned to break through.

"The violent turbulence just now was just washing the dishes. It was a bit scary, but it still didn't scare us away, hehe." Seeing that the Swiss franc was approaching 0.667 again, Zheng Xiaopang suddenly felt like a dream. A few days ago, the Swiss franc It fell from 0.667 inexplicably. I don’t know how many bulls surrendered their guns at that time. Fortunately, my buddies resisted. Not only did they resist, but they also took the opportunity to increase their positions substantially.

Zheng Xiaopang felt that the screen was full of little stars dancing happily.

0.667 was broken through silently, without violent shocks, the trend line kept bouncing up and down and slowly pushed up.

"Hey, why did you suddenly lose your temper, don't you rush?" Zheng Xiaopang became a little strange when he saw this. In his understanding, since the main force deliberately made an action to lure the air, then he has already made a choice of direction at this time It should be pulled up quickly, and the shorts are buried alive below. Why did the market suddenly become milder and start to fluctuate higher.

Zhang Yang stroked his chest a few times, probably imitating the movement of the priest making the cross on TV, saying "O merciful Lord"

(End of this chapter)