legendary trader

Chapter 319 320 Up Again
Chen Fan decisively tapped the keyboard when the Swiss franc was at 0.7601, and entered 10 long positions into the market. Immediately, on the computer screen, the price of the Swiss franc quickly dropped to 0.7600.

Fortunately, it seems that the acceptance list below is very large, and there is no significant slippage, Chen Fan said in his heart.

Then Chen Fan stared at the computer screen, looking at the transaction return information, he also wanted to know what the final transaction price was, so he could use this as a basis to judge the strength of the support below.

Soon, the return column was refreshed, and the average transaction price was 0.7598. It should be said that this result was very good, indicating that the order was bought out after the order was typed out, and the transaction was successfully completed.

Zheng Xiaopang also saw the transaction return, and said with a smile: "It looks like there are a lot of bills below, should I release it here?"

"Wait a little longer, at least until it's near 7601. It's still not playing at 76, so it's better to save some orders below." Chen Fan said without thinking.

He just placed a 10-lot sell order in the market, and immediately released another 10-lot lot. Chen Fan was a little worried that the lower side would not be able to take over, so he dropped the Swiss franc at once, and it would be dangerous if he could not come back at that time.

However, Chen Fan was still disappointed. In the next few minutes, it was obvious that the Swiss franc was a bit unstable at 0.76, and there was no way to go up by even 1 point.

After waiting for a while, Zheng Xiaopang shook his head lightly and said, "It seems that the rise is a bit stagnant, look, isn't it?"

Chen Fan also saw that the Swiss franc did not have the strength to rise, so he nodded despite his unwillingness, "Let's go."

Zheng Xiaopang understood that Chen Fan still wanted to sell the price above 0.76, but the market does not allow it now. He shook his head and tapped the keyboard, and another 10 long position closing order entered the market.

When this order entered the market, the price of the Swiss franc could no longer support it. The 0.76 point broke immediately and fell directly to 0.7598. It can also be seen from the transaction returns later that two consecutive transactions totaled 20 in a short period of time. The sell order directly smashed the support below the Swiss franc, and the average transaction price was displayed at 0.7595 points, which slipped a few points.

When Chen Fan saw this, he was worried that the Swiss franc would start a large-scale adjustment, but obviously his worries were unnecessary. The exchange rate of the Swiss franc did not continue to decline after falling to 0.7598, but rebounded soon. It returned to 0.7599. Although it failed to get back to 0.76 immediately, the Swiss franc has been swinging between 0.7599 and 0.7600 in the next few minutes. Obviously, the bullish atmosphere in the market has not declined, and there are still a lot of funds entering the market to do long.

After watching for a few minutes, Chen Fan breathed a sigh of relief, "It seems that the downside support for the Swiss franc is still very strong, but I don't know if it is real demand or speculation."

"But it's troublesome if it doesn't rise back to 76. The market may fall and adjust at any time." Zheng Xiaopang shook his head and said, "The market looks strong now, but if it doesn't pull back for a long time, I guess I will flee if I have funds."

"Yeah, I don't know if the U.S. market funds will enter the market to go long. Now I am most afraid that the U.S. market will fall." Chen Fan nodded in agreement with Zheng Xiaopang's words, but he has nothing to do. If he continues to sell now, It is estimated that the Swiss franc will fall down soon and cannot get up, and I don't know how deep it will be smashed.

"But we have nothing to do, why don't we sell more?" Zheng Xiaopang also lost his confidence, and the only way he can think of now is to close the position until all the positions are closed.

"I think that if we sell 10 lots now, I'm afraid that the Swiss franc will fall to 0.759. Believe it or not, it may be broken directly." Chen Fan shook his head, "Although I also think that the Swiss franc may need an adjustment, But I still want to find a high position to deal with long orders, and I don’t care how much the subsequent trend rises.”

"Then just wait, let's throw out the orders little by little until we get to the 76th." Zheng Xiaopang also wanted to end this grueling operation as soon as possible, thinking about clearing the warehouse as soon as possible and resting, "Yes By the way, didn’t you say that you thought of closing the position at the top at once? Why did you change your mind again?”

"At that time, I didn't expect that the trend would be very turbulent when we reached the top. At that time, we only thought of rushing to the top and we ran, but now we have come here and realized that there should be some actions to be done before reaching the top. Otherwise, how can we attract funds to enter the market? How can they sell their chips without funds?" Chen Fan said and shook his head. There are so many factors."

"It's still far away from the U.S. market time. It's more than an hour." Zheng Xiaopang looked at the time and said, "We will run another 76 lots when we hit 10 in a while. It's safe to buy in batches, and I feel at ease."

"Yes, the closer the deal is to the end, the easier it is to get nervous, and the pressure is too great." Chen Fan nodded in agreement, "If there is a chance, we will close the order as soon as possible."

"You said that if the funds are going to short the Swiss franc during the U.S. market, will the main force in the European market intentionally raise the price of the Swiss franc during the U.S. market?" Zheng Xiaopang said suddenly, "Now the market actually seems to be Bullish, according to the trend of the previous period, the Swiss franc should have surged at least once during the US trading period, but we are now starting to clear positions, so we look at the market trend relatively empty, everything is analyzed from a bad perspective , I think the American market will fall."

"You mean that there may be an upward trend in the future, to appease market bulls, especially those short-term funds, and give them the illusion that the U.S. market will continue to rise?" Chen Fan asked with a frown, "It's hard to say now, But you must make a good-looking graph, otherwise, if the short-term funds in the market flee, it is estimated that the face of the main force will be green."

"I think, let's go for half an hour first, and start to make another upward channel in the last half hour. The previous channel's rising speed was mainly very fast. This upward channel should be smoothed out, so that the market thinks that the Swiss franc will continue to do so. slowly rising."

Zheng Xiaopang leaned his body towards Chen Fan and whispered.

"You'll know after a while, maybe you have the potential to become a super main force, ha ha" Chen Fan joked, "But you said that the Swiss franc will build an upward channel before the US funds enter the market, so there may be a chance, although the chance It’s not big, but it is really necessary to stabilize the hot money in the market, and going out of the upward channel is the best way, which can give people the illusion that the Swiss franc still has room to rise.”

"Yeah, let me just say, in fact, trading is just so good, it's just a psychological warfare." Zheng Xiaopang said a little arrogantly, "Next time I want to find a trading product with a smaller plate. , Try to be a Zhuang."

Chen Fan turned to look at Zheng Xiaopang in surprise, "Do you have a goal?"

"No." Zheng Xiaopang shook his head, but then he said firmly: "This is going to be a rice stock market soon, so there must be no chance a year ago. After the rice country is finished, I will find a target and trade it myself. When the time comes You help me see."

"Hehe, that's fine, it depends on what you choose to trade? Stocks are easier to control." Chen Fan said with a smile, not forgetting to add his own thoughts.

"Yeah, I think so too, try to find a stock to be a banker at that time." Zheng Xiaopang nodded like a chicken pecking at rice, obviously the stock that Chen Fan selected was very suitable for Zheng Xiaopang, or he just Think so.

Chatting casually to pass the time, but the two still kept their eyes on the trend of the Swiss franc.

During this period, the Swiss franc has been oscillating below 0.76. Although it attacked from time to time during the session, it was still unable to stabilize and would be beaten down to 0.76 in a short while.

Perhaps it is because the market will fall for a long time. The Swiss franc seems to be at a high level during this period, but the funds on the market have gradually become cautious. Some cautious investors have begun to lighten their positions in a small amount. Although they have not completely cleared their positions and left the market, they have begun to be cautious, and investors who are bullish on the sidelines and investors with relatively light positions do not dare to enter the market rashly to increase their positions at the moment, so the comparison of long and short positions in the market in a short period of time is actually true. There has been a slight reversal, but it is only because the number of bulls far outnumbers the shorts that the Swiss franc can persist around 0.76.

However, the longer the market lasted, more and more investors began to lose confidence, and more and more orders were placed to close positions. The Swiss franc finally couldn't hold it anymore and began to fall slowly.

The fall of the Swiss franc scared Chen Fan and Zheng Xiaopang. They always thought that the market would rise before 9 o'clock, but now it seems that the direction of their guess is opposite. The Swiss franc will start to expand. adjusted.

A few minutes later, the Swiss franc fell below the low point of 0.7598 that Chen Fan and the others had hit by reducing their positions, and then continued to drop. Although there were some repetitions on the way down, it finally fell to around 0.7588 before stabilizing the situation and began to expand. Amplitude rebound.

After the Swiss franc rebounded to 0.7590, it seems that the upward momentum has disappeared again. From the disk, it seems that the Swiss franc has been unable to continue to attack the 0.76 point.

"What should I do? Can't get out?" Zheng Xiaopang kept repeating this sentence.

"It's already like this, let's wait and see how the US market will go." Chen Fan shook his head and said, "I think the Swiss franc still has room to rise. 20 hands will be taken back."

When Zheng Xiaopang heard what Chen Fan said, he immediately stopped talking. He didn't dare to continue. He was really afraid that Chen Fan would rush into the market and buy the order back. The risk would be too great, unless it was really what Chen Fan said. The Swiss franc still has room to rise.

Is there still upside?
Zheng Xiaopang didn't know, but he felt that this operation had already made a lot of money in Swiss francs. He was satisfied and didn't want to worry about it anymore. Even if there was room for growth, he really didn't want to participate anymore. big.

"The American side will arrive in 20 minutes. Normally, there should be a response." Chen Fan frowned and looked at the trend of the Swiss franc, which was already relatively sluggish. It's not a way, you have to have a direction.

While talking, the trend line of the Swiss franc began to rise again, but it was almost the same as before. It couldn’t move when it reached 0.7592, and soon returned to 0.7590. Same.

In this way, another ten minutes passed, and the Swiss franc was always in a sideways trend here, and it was about to enter the American trading session. The Swiss franc trend line began to rise again, and soon rose to 0.7592.

However, it was exactly the same as the previous trend, and soon the trend line began to turn around, and the price of the Swiss franc also fell back to 0.7591. Lang's trend line suddenly turned up again.

Seeing this, Chen Fan and Zheng Xiaopang only frowned slightly, but they didn't take it to heart.

Although the Swiss franc fluctuates back and forth most of the time in the sideways market, there are occasional inward-looking situations, but after fluctuating a few times on the top, it will eventually fall back, so neither of them is particularly concerned, and they are used to it With such a sluggish trend in the Swiss franc, wait quietly for the time for the US market to come, and then see how the funds there will behave after entering the market.

But the market tends to come out inadvertently. Here, Chen Fan and Zheng Xiaopang are both listlessly sitting in front of the computer, chatting with each other, and just glance at the trend of the Swiss franc from time to time.

At this time, the Swiss franc fell back to 0.7592 after reaching 0.7591, and then began to rise again, touching 0.7592 again, but the difference from the past is that this time it did not fall back, but stayed here for a while, and then went forward It continued to rise and touched 0.7593. This point has been reached several times in the previous sideways trading, but it stayed for a short time and quickly fell back. However, it did not fall back after rising here again this time, but continued to test upwards. Soon the Swiss franc came to 0.75940.7595
"Huh? Something's wrong." Zheng Xiaopang was chatting nonsense with Chen Fan, when he suddenly noticed that the Swiss franc's trend line was obviously upturned, and he was already getting rid of the sideways posture, so he said quickly.

Chen Fan also looked at Rui Lang, "It's true, but it's just a cloud if it doesn't go to 76."

"Maybe we can reach 76. Look, 7597." Zheng Xiaopang suddenly said a little excitedly, "If we get up now, is there a high probability that the Swiss franc will continue to rise during the US market?"

"It should be said that it is possible." Although Chen Fan is not very optimistic, seeing the Swiss franc constantly testing upwards, he feels that there is a chance. As mentioned earlier, a new upward channel is created. If that is the case, the following It is easier to judge the trend, and there is a chance to complete the lightening work at a high point. As for how the main players in the market ship, it has nothing to do with them.

Seeing the Swiss franc slowly rising to 0.7599, and about to launch an attack on 0.76, Chen Fan began to look squarely at it. If he can reach 0.76 this time, it would be best to set a new high. In the channel, when US market funds enter the market on a large scale in a few minutes, there is a high probability that it will continue to rise. It is easy to find an opportunity to sell your positions.

The Swiss franc did not live up to their expectations. Before the time of the US market, it finally stood at 0.7600, and the upward trend was not exhausted. It just stayed here for less than half a minute and continued to expand its space. Obviously it is If you want to challenge new highs, this will undoubtedly have a very good impact on the upcoming US funds.

(End of this chapter)