City: No One Understands Finance Better Than Me

Chapter 150 Take advantage of the chaos to close the position!

Break it!

Originally, in the eyes of many retail investors, it was as indestructible as a mountain, and the 3 million super large orders at the position of 1.2600 have become precarious at this moment.

I watched helplessly as more and more buying orders were placed at the 1.2599 position. Finally, fifteen minutes later, the number of buying orders exceeded the selling orders at the 1.2600 position, and the super large orders at the 1.2600 position finally panicked.

run!

Retail investors saw the super large order of 3 million lots on the EUR/USD plate that was like a stumbling block in the last second, but suddenly disappeared in this second.

Although there is a bit of meaning to hit the cotton in a circle, but as a long side, it is of course the best to be able to break through the key position of 1.2600 without shopping.

Swimming fish into the sea, tigers return to the mountains and forests!

After breaking through the 1.2600 level, the bulls never encountered a decent resistance again, and numerous buying orders quickly overwhelmed one price after another.

Just 40 minutes after the release of the Eurozone quarterly GDP annual rate report, the price of EUR/USD has soared by a full 130 points, from 1.2500 to 1.2501 to 1.2630 to 1.2635.

Because the willingness to do more in the EUR/USD market is too strong, the selling price is more than five points higher than the price.

And up to this point, the EUR/USD rally has not changed, still rising at an extremely rapid rate.

"It's time for me to start suppressing the EUR/USD" On the other side of the world, Morris, watching the price of EUR/USD continue to rise, suddenly said to several traders.

At the same time, although the performance of the euro is still very strong, as the elite of Wall Street, many big capital still found that the euro/dollar began to decline.

Even though many retail investors followed suit, the funds that can be mobilized in a short period of time in the market are indeed limited. After all, this is a 130-point surge, and this wave of long-term funds in the past has been consumed.

So almost invariably, many big-cap shorts similar to Morris began to place terrifying short orders at 1.2635.

And because this amount of short orders of more than one million lots has converged in just a few minutes, the momentum of EUR/USD's rise has stalled.

It was at this time that Chu Ge also started his moves.

He saw that although the current selling order has reached 1.2635, which is five points higher than the current price, there are still a large number of bulls who are eating these selling orders bit by bit.

In just a few minutes, the bulls raised the price of EUR/USD by a few points to 1.2634 versus 1.2635.

At this moment, the main bears have placed a short order of nearly two million at 1.2635, but due to the collective frenzy of the EUR/USD market bulls, the number of terrifying buying orders has also begun to appear at 1.2634.

Half a million!

Just ten seconds later, at the position of 1.2634, more than 500,000 long orders have been gathered, and this number is still rising continuously!

1 million, 1.3 million, 1.8 million!

Soon, at the position of 1.2634, nearly two million long orders were also gathered, and unlike the stagnation of short orders, two million is obviously not the end.

Three million, three and a half million, five million!

Although the time has passed little by little for nearly half an hour, and the EUR/USD is also deadlocked at the position of 1.2634 against 1.2634 for half an hour, but the convergence of long orders at the position of 1.2634 has not stopped for a moment, and now it has been A terrifying five million hands gathered!

And seeing such a huge amount of long orders gathered at the 1.2634 position, the main bears can't help but stutter a little, and they somewhat underestimate the enthusiasm of the bulls for the rise of the euro/dollar.

Then the nearly 2 million selling orders at 1.2635 began to retreat, and soon dropped sharply to only 200,000 lots. Suddenly, a large EUR/USD order appeared and ate the 200,000 lots in one go. Single, forcing the EUR/USD to stand at 1.2640.

At this moment, the bulls suddenly discovered that their nearly 5 million long-order positions at 1.2634 had mysteriously disappeared.

Just when everyone's attention was on when the EUR/USD could break through 1.2635, some people took the opportunity to fish in troubled waters and secretly took their long orders.

A full 5 million lots of more than one order, a large part of the power of the long side was actually eaten by the mysterious force.

There are still big funds shorting EUR/USD, or in other words, there are many main players shipping!

These two thoughts were reflected in everyone's mind for the first time.

··0 Seeking flowers.....

And this same phenomenon means different things to different people.

Of course, it is a pleasant surprise for the bears. Although they finally gave up the position of 1.2635, it has consumed nearly five million hands of the bulls. There is also an unknown ally helping them.

But correspondingly, what is good for the bears is definitely a bad thing for the bulls.

An unknown mysterious capital secretly swallowed up more orders at this time, and all of a sudden it was a huge fund of five billion US dollars.

And the mysterious capital that makes the bulls bewildered is, of course, Chu Ge. When he saw the EUR/USD rise to 1.2630, he was ready to gradually liquidate his funds.

.0

Although there are still more than a dozen profit margins close to 20 points from the highest point in his mind, Chu Ge has not hesitated to choose to give up part of the profits, and he will also pocket his own profits steadily as install.

From the 1.2630 position, he began to slowly sell while waiting for a big opportunity, an opportunity to sell most of his positions in one go.

Fortunately, when he sold his position by more than ten percent, he waited for a super good opportunity for the bulls to gather five million hands at 1.2634.

Without hesitation, when the bulls raised EUR/USD to 1.2640, he cleared out more than half of his position, a full 5 million long orders, in three moves.

After clearing the five million positions, Chu Ge still holds less than three million positions. Although it is still a very scary number, fortunately, the bullish willingness in the EUR/USD market is still there. more intense.

After all, although some people were eaten by Chu Ge's own long orders, the most important thing in the financial market is a steady stream of small and medium-sized investors.

This batch was cut off by Chu Ge as leeks, and there's the next batch!

And the fact is just as Chu Ge thought.

The price of EUR/USD stagnated again, and when the bears placed a large number of short orders at 1.2645, there were again more than one million long orders at 1.2644.

And, it's still gathering!

Leeks, that's it!

One crop after another! Spoon.

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