legendary trader

Chapter 315

The three of them were sitting on the sofa playing cards, but stood over from time to time to look at the trend chart of the Swiss franc.

After playing for more than two hours, I didn’t know how many times I checked the market, and finally Zhang Yang shouted at the computer: “Swiss Franc is going to go up, come and take a look.”

Chen Fan put down the cards he was shuffling and got up together with Zheng Xiaopang and walked over to sit in their respective seats, looking at the computer screen in front of them.

At this time, the Swiss franc has risen to the position of 0.7372, and the shock below now looks like a flat bottom.

"The rise is still relatively slow, and it seems that there is no momentum." Zheng Xiaopang commented after watching the trend of the Swiss franc for a while.

"At least it means challenging new highs. You see, it's all 7374. It is estimated that it will reach 78 or even break through 80 soon." Looking at Zheng Xiaopang, Zhang Yang seemed to feel that the rise of the Swiss franc was a bit slow, and he was not optimistic about the follow-up trend. He doesn't think so, as long as the market starts now, it may rise slowly at the beginning, but once it becomes a trend, funds will flock in after it is not managed well, and it will only speed up when it goes to the end.

"It doesn't matter whether the price rises fast or slow now, as long as the rising momentum can be maintained after breaking through the high point, new funds will soon enter the market and push up the price." Chen Fan will interject and say.

"Now that the market is going higher and higher, it feels that the adjustments made during the period are getting smaller and smaller, and the rise immediately resumes without much adjustment. It should be said that such a rising speed is still terrifying." Zhang Yang continued.

"Are you sure you're talking about your discovery, and not flattering the stock god?" Zheng Xiaopang asked cheerfully, looking at Zhang Yang.

"Hehe. Whatever you say, you bastard, I feel that your baby is a little hyperactive tonight, did you take gunpowder?" Zhang Yang said to Zheng Xiaopang seriously.

Zheng Xiaopang laughed and said: "I'm excited because the higher the Swiss franc rises, the closer we are to cashing in profits. It won't be long before we start counting money again. There's a lot of small money."

"It's going to reach a higher point, 77." Zhang Yang looked at the computer screen and smiled, "We will hit a new high soon."

"Is this your sense of dishonesty? That's too shameful." Zheng Xiaopang continued, with a smile on his lips.

This time Zhang Yang didn't answer, but just gave him a blank stare, letting him experience it for himself.

At this moment, the Swiss franc came to around 0.7377 again, but it stayed here for a long time. It fluctuated around 0.7376 and 0.7378 repeatedly. , then the momentum of the market to do more will be stronger, and the new funds entering the market will be more biased towards the bulls, which is extremely unfavorable to the trend of the market outlook, so now the short sellers in the market have carried out a strong sniper here, and they are resolutely unwilling to give up half a step .

Watching the handicap data keep jumping up and down, Chen Fan also felt a little boring, and he was short of a foot in the door, because no long-term institution dared to make a kick. In his opinion, he only needed to prepare a few hundred million yuan of funds. It's all here, and I don't believe that the short sellers can still bear these bills.

I want to think about it, but Chen Fan is not willing to let him do this. Position management is limited. If it is pushed up in an instant and there is no follow-up funds to follow up, it will be very troublesome to deal with the aftermath after such a big order. Say no Fortunately, there will be huge losses, and it is not good to say.

So this kind of all-or-nothing idea just stays in the idea, and it is impossible to operate it.

However, at such a high position, the bitter battle that the bulls and bears are involved in still made the three people watching the market feel terrified, especially when the 0.7375 points were continuously refreshed in the market, Chen Fan almost thought whether the bulls were in this battle. Of course, when the Swiss franc is still bright, it is definitely unrealistic for him to lighten his position.

In order to prevent accidents, Chen Fan touched his forehead every two or three hours today to see how much potential the Swiss franc still has to rise.

Not bad, the brightness is still the same. According to Chen Fan’s judgment, 0.74 should be no problem, but the brightness is too low, and he dare not look higher. Now he can only take one step at a time. run now.

After more than ten minutes of hard fighting at the high position, the short positions were finally defeated.

It stands to reason that after the recent crazy rise in the Swiss franc, the long-short battles at high levels are generally at a disadvantage for the bulls, because the short positions that may enter the market here include not only funds that are bearish on the Swiss franc, It may also include the profit taking of long positions. For off-market funds, it is generally seen that after a round of violent rise, it will be more biased towards short positions. It is the essence of investment.

But it's strange that the long-short battle around 0.7377 ended up being a short-sell failure. Chen Fan himself was ready to accept the long-short defeat and retreat temporarily.

But now the power of the bulls is far beyond Chen Fan's judgment, defeating the sniping of the shorts at a high position, and this time the Swiss franc will rise faster and keep going up, as if to make up for the time wasted here.

Within a few minutes, the Swiss franc has already rushed to around 0.7390, and the bears are completely defeated. Chen Fan believes that many of the funds that will go long this time should be short sellers. Stop loss, obviously there will be short funds who choose to temporarily counterattack, quickly close short positions or directly open long positions, and use the profits of long positions to offset the losses of short positions.

In just a few minutes after the winner was determined, the Swiss franc jumped by more than ten points. Such an astonishing increase still frightened Zheng Xiaopang and Zhang Yang. Fan looks here, waiting for him to issue an order to close the position. The more money he earns, the more he panics sometimes, for fear of losing his profits. In many cases, investors prefer to settle their pockets earlier, even if they lose money because of it. No profit is spared.

But they were disappointed, Chen Fan had no intention of appearing on the stage, his eyes just stared at the computer screen without relaxing for a moment.

Zheng Xiaopang and Zhang Yang knew that Chen Fan was probably also calculating the follow-up trend of the Swiss franc, so the two of them tacitly did not ask, for fear of disturbing Chen Fan who was thinking. If this caused Chen Fan to make a wrong judgment, then Who is to blame for the loss.

Now the next level that the Swiss franc needs to overcome is the integer level of 0.74. In the market, Chen Fan believes that any pressure level and threshold at this stage cannot stop the rise of the Swiss franc.

Sure enough, in just a few minutes, the Swiss franc has risen to around 0.7398, and the latest quotation list has a price of 0.7399, which shows that the buying orders of the bulls are very fierce at the moment, and they are constantly attacking upwards, no surprises If so, I believe the market will soon stand at 0.74. Chen Fan is not very worried about whether he can stand firm. Even if he goes up and is suppressed, as long as the market atmosphere does not change, it is not difficult to stand up again.

As the bulls continued to attack the short positions, the Swiss franc soon rushed to 0.7400, but at this time the trend line of the rapid upward trend also had to lower its head high, and it began to have the meaning of flattening. Obviously, the rising speed It is still more or less suppressed. The bulls have no intention of continuing to expand the space above 0.74 unscrupulously. They should plan to spend a while here and consume the strength of the bears.

"It's 0.74, let me wipe it, it's really developed now." Zheng Xiaopang started to dance a little at this moment, thinking that the current floating surplus has satisfied him, but Zheng Xiaopang didn't ask Chen Fan when he would appear on the stage. It has already reached this point, there is no need to keep chasing the selling position, it is fine to sell anywhere, the profit is already real.

"It's a big loss of face now, and the floating profit is almost 6 points. It's cool to earn more than 1 yuan in one hand." Zhang Yang also said with high spirits that the Swiss franc has already reached a threshold at the moment, and the future space is broad and the future It's bright, and they're incredibly profitable right now.

"Be happy, hehe. It seems that there is still room for Swiss francs in the market outlook. Maybe there is a chance at 0.75. It depends on how it is adjusted here." Chen Fan said cheerfully to Zheng Xiaopang and Zhang Yang. The profit of [-] million is satisfied, is it satisfied, no, it seems that there is still more room for the market outlook, and it seems that the Swiss franc is here and it seems to be unable to move?

After rushing to 0.74, if you don’t rush to the high point, you still want to grind here. It is clear that the goal of the main force is still far away. How far is the high point from the current position?
Chen Fan didn't know, but he knew that it was money, and each point was 3 million yuan. Even if there were dozens of points, the profit would be very scary.

Now the Swiss franc cost of Chaofan Investment is less than 0.69, but the current price is already 0.74, and each lot has earned more than 5 points. The long positions in Swiss Francs held by Chaofan Investment are not tens of thousands of lots, but 60 A big list of thousands of hands.

Because the brightness increase of less than [-]% is very weak, for Chen Fan, he can only judge whether there is brightness, and it is impossible to speculate how many points of increase are still there through the brightness. Under such circumstances, Chen Fan can only choose to work harder on himself, keep an eye on the trend of the Swiss franc all the time, and keep monitoring to be sure.

Making money is also very hard, but it seems that counting the money until the hand cramps does not seem to be easy.

After reaching 0.74, the Swiss franc obviously slowed down its rise. It has been fluctuating within a narrow range of 0.7402 or 1 points around 2 for nearly half an hour. Although Chen Fan suspects that the two breakthroughs of 0.74 were just a test by the bulls, How much short money is left in the test market.

So far, Chen Fan is very satisfied with the market's performance. It doesn't matter to him whether to continue to increase tonight. The important thing is that the target price in his heart has been set at 0.75.

According to the current market performance, it is really not difficult to rush to 0.75 this week.

In the foreign exchange market, when there is no market, the daily fluctuation may be only one or twenty points, which is considered a large fluctuation, but when there is a market, it is very common for a day to rise or fall by hundreds of points. Not often.

Most of the time the market in the foreign exchange market is a slow bull market, and it is very troublesome to invest. The daily rise and fall are very limited. Of course, if you do the right direction, you can go out and travel with your position, and you will have time to reap profits after a trip.

Therefore, in many cases, more large investment institutions and individuals are more willing to choose foreign exchange forward contract transactions to gamble on foreign exchange trends, because it is easier to find opponents through investment banks, and everyone can sign an agreement. It can be put on the market to sell, of course, the premise is that the market trend is beneficial to your contract.

"How much space is there? Can it be 0.75?" Not long after Chen Fan finished speaking, Zheng Xiaopang looked at Chen Fan and asked, his eyes full of expectation.

"There is a high probability that it will reach 0.75." Chen Fan didn't make any excuses, and simply expressed his thoughts.

"Then we're losing a lot, and we should enter the market and go long." Zheng Xiaopang yelled after hearing Chen Fan's words, like a rich man who lost money and went bankrupt.

"You can't make enough money, what are you doing?" Zhang Yang said to Zheng Xiaopang with a smile on his face.

"Do you know how much more money we can make if we have a full warehouse? Don't you have any idea yourself." Zheng Xiaopang said unconvinced, "It's all money, not millions or tens of millions, but hundreds of millions. "

"You did it right this time. You can feel so emotional. What would you do if you did it in the wrong direction? Do you want to do something from that window?" Chen Fan looked at Zheng Xiaopang, who was playing tricks, and joked, "Outside cool off."

"Is that all for tonight? I don't think I want to leave." Zhang Yang looked at the market and asked, "It seems that the market has no desire to go up now, and there is no buying momentum."

"I can't say where I can go tonight, but I should have a chance to challenge 0.75 this week." Chen Fan laughed.

He really didn't think about whether there is still room for growth tonight, but he also felt it from the changes in the market. It seems that the main force of the market has the idea of ​​​​adjusting here.

"Maybe there is a chance in the early hours of the morning." Chen Fan continued, he was just talking casually about this, and he was not sure, who knows when the main force will start up again.

The subsequent time also confirmed Chen Fan's guess. The market seemed to have entered a garbage time. The Swiss franc had a relatively strong upward trend in the intraday session, but it only reached 0.7411 before it died down.

Seeing that the Swiss franc market returned to calm, Chen Fan looked at the time and said, "Let's be like this tonight. I think this adjustment can't be made in a short time. It will take half a day to digest it."

"Then let's go home and rest?" Zhang Yang looked at Chen Fan and said, "If it breaks 0.75 again in the early morning"

(End of this chapter)