American Ranch

Chapter 289 Evacuation
During the two-day market break, almost all the main bulls held their positions overnight.

In the U.S. market, the price of gold stayed at $1137.56.There was a round of cheers downstairs, and Chen Mo also breathed a sigh of relief.

So, so fucking exciting.

If the heart is not good, it may ascend to heaven at this time.

Taking advantage of retail investors closing positions before the market closed, market dealers released a large number of orders, Chen Mo took the opportunity to absorb a wave, and there were more than 2000 bullish lots in his personal account.

The sky is very blue, if you jump from here, it will be miserable.

There are many people who almost devote themselves to speculating in gold.Most of the children on the third floor are like this... Scary?
People are so crazy sometimes.

Chen Mo was very familiar with Ellie's footsteps, and slowly approached Chen Mo, hugging Chen Mo.

"You won." Chen Mo smiled.

"I'm sorry..." Ellie said after a long time.

"Why are you sorry?"

"I'm sorry." Ellie's eyes were red.

Chen Mo turned around and hugged Ellie in his arms. It was Chen Mo who should say sorry.

If it wasn't for his whimsical desire to make a quick buck...

Spot gold is not a stock market, and it does not mean that the larger the capital, the easier it is to operate.Moreover, if the funds are large, it is very easy to get lost in the spot gold market.This is not a matter of control or not, whether a person is a god after all...

Moreover, the greater the funds controlled, the more variables there will be in the market, and desires, tensions, and fears will also be magnified countless times.

Ellie was only 20 years old after all, just turned her birthday.

"Okay, let's go home... After finishing this order, we will never touch gold, futures and the stock market again."

"Hmm." Ellie's eyes were red, and she secretly wiped the corners of her eyes.

Back home, Chen Mo fried a piece of beef with big morel mushrooms.Ellie curled up on the sofa when she got home as usual, watching TV without saying a word, constantly changing channels, mainly watching the news.U.S. news and international news, both watch...

The presidential election is in full swing.In order to win votes, Trump now has a plan to withdraw troops from Iraq and Syria within the year. Although there are voices of opposition, he has gained even more support in the United States.

"It would be great if a war suddenly broke out somewhere..." Chen Mo suddenly had an evil thought in his mind.

And this idea actually happened on Sunday.The troops stationed in Syria were attacked by terrorists, several people were injured and no one was killed... This...was originally a trivial matter.

It's really a small thing.

American troops stationed in war-torn countries, how many times in a month are they not attacked...

But this incident was posted on Facebook by Trump to combat opponents who opposed the withdrawal of troops, and at the same time to gain a higher approval rate.

Then, under the hype and exaggeration of people with serious intentions, what was originally a small incident has become a well-known incident. There are even rumors that a bigger terrorist attack is coming...

On Monday, the European gold market opened at $1143.10.It ushered in a rise at the opening, and by the time the U.S. market opened, it had reached $1148.95.

The third floor of Huafeng Group headquarters.Bai Xiaoou had just finished work: "Nice. I read online predictions that the price of gold will rise today... the futures price has reached $1150."

Chen Mo took Bai Xiaoou to the corridor to light a cigarette, and said in a low voice, "Ellie said that it might rise to $1200 today."

"How many bullish hands do we hold?" Bai Xiaoou asked with his heart pounding.

"15.39 lots."

"Why not buy some more."

Chen Mo rolled his eyes: "It doesn't take time to open a position. Now all the short sellers are closing their positions, and there are fewer orders issued by market makers."

白小欧嘿嘿笑了起来：“15万手，美涨1元，赚1500万。涨到1200美元……赚……7亿多。如果能涨150美元，赚15亿……”白小欧说着眼珠子瞪了出来。

Chen Mo smiled lightly: "It's more than..."

Spot gold, when the big market comes, it can rise by more than 100 US dollars a day.

Now is the big market.

It has risen to $1170 at noon.

"Mo, do we want to close part of the position? It's better to settle the bag first..." Ellie looked at the crazy growth and discussed with Chen Mo.

The most feared thing in spot gold trading is hesitation, but human nature is greedy, and how many people can restrain their desires.

The ups and downs in the gold market.Ellie is really scared...

"Wait a little longer. 1190 began to gradually close the position..." Chen Mo said.

"Ah."

After three o'clock in the afternoon, an ounce of gold rose to $1.First closed 1192 lots...

To close a position is to sell.

Market makers are actually unlikely to lose money.No matter how the market changes, the market maker is the biggest influence.

1 lots are closed within [-] minute.The market dealer then re-opened the order, and with the current market situation, the [-]-hand order was instantly closed...

The next day, gold prices returned to the $1200 era and are still rising.

Another 1 hands were tied today...

Financial crisis broke out in Latin America, starting with currency depreciation...

The depreciation of Latin American currencies, mainly against the dollar, reflects the strength of the dollar.But U.S. stocks fell almost across the board... a lot of money was transferred to the gold market.

The price of gold keeps rising.

Ellie's previous judgment has always been correct, and Ellie has been bullish on gold since $1250.It's just that I didn't expect the Fed to raise interest rates suddenly, and the strong dollar...

In the following days, there will be one or two large swings, rising by more than ten dollars and falling by more than ten dollars... This is because someone has cashed out and left the market, and another big money has entered the market.

Chen Mo and the others have already paid back their capital and made a lot of money.

"It should be sold at 1230... $1230."

But soon, it rose to $1267, returning to the highest price in June...

In the current situation, it is the general trend to break $1300.

There are some people in the studio whose minds are floating, but there are a few senior traders who support Ellie's strategy and admire Ellie so much that they almost kneel down to worship.

Ellie's judgment was not without misses, and brought several big dangers.Chen Mo even secretly borrowed another [-] million, just to resist the risk... Ellie's judgment on the general trend is correct, and it is in a big market. This is a genius, the dream encounter of countless speculative geniuses. Persevere, finally the wait came...not waiting, it should be boiled.

At the most dangerous time, hold 15 lots.

When the price of gold was at US$1124.12, the total value of the entire account was only 1.6 million. As long as it fell by another US$7, the entire account would be blown up.

$7 swings.It seems huge, but looking at the trend afterwards, there was even an hourly increase of $35...

The fluctuation of 7 dollars may even appear within a few minutes.

This is not an investment of tens of thousands or hundreds of thousands, but an investment of hundreds of millions of dollars.

On September 9, the price of gold is poised to break through $6.There are still 1300 positions in Chen Mo's account that have not been closed... They are now making several times the profit, so they should close their positions as soon as possible.

Too greedy, unable to control one's own desires, and hesitating in front of profits, this is a big taboo.

When it's time to stop, stop.

Calls for a break above $1300 are high in the market.At this point, Chen Mo and the others tied 4.95 hands...

本来应该在9月6日就冲破1300美元的，一直到9月11日才冲破。

After the position was closed, there was still only a margin of $15 left in the account, and the rest of the funds were withdrawn to Chen Mo's personal account...

There were 3 lots left, and all positions were not closed until September 9. The entire account was unfrozen, and all funds were withdrawn.

"Nice, Ness..."

"Ow ooh..."

"Fack, Fack...Fack!"

"Ah~!"

Huge cheers came from the studio, and everyone jumped up and down excitedly.

Catherine and Bella burst into tears.

Ellie seemed to have been drained of strength, quietly hugged Chen Mo vigorously.

(End of this chapter)