City: No One Understands Finance Better Than Me

Seeing EUR/USD stalemate at 1.2619, Chu Ge didn't feel that there was much of a problem.

Where is this going? Let’s not talk about the main force of the bulls. Even the strength of the market’s small-capital long-term investors has not yet used one-tenth of it.

EUR/USD is bound to rise!

At least, now EUR/USD is bound to rise!

1.2620!

Sure enough, after a brief stalemate for more than ten minutes, under the leadership of a wave of ten thousand-handed orders from the main bulls, the bulls quickly smashed the simple defense line of 1.2619.

1.2622!

1.2625!

And it seems that because of the short-term block at 1.2619, the bulls after the unblocking rose more fiercely, and they directly entered the rhythm of two or three points as soon as they came up.

1.2629!

Soon EUR/USD came to a threshold again, and then unexpectedly was stopped at the door of 1.2630 again.

Another wave of stalemate for nearly half an hour, under the intervention of the main bulls again, the euro/dollar began to rise again.

1.2633!

1.2635!

It's just that after this short stalemate, Chu Ge can feel that the momentum of the bulls seems to be fading. Although it is not obvious, he can still feel that the speed and magnitude of EUR/USD's rise have decreased in varying degrees.

1.2639!

There is no doubt that the EUR/USD uptrend has been resisted again at the next ten.

The stalemate was staged again, but this time, unlike the previous two, the stalemate did not last for more than ten or twenty minutes, but in just three minutes, under the intervention of the main force, it broke through the 1.2640 mark.

The main bulls also saw the idea of ​​the big four banks. Through a long tug-of-war, the patience of a large number of small and medium investors was consumed, thus turning the big four banks against the entire market against the euro/dollar into a big four against Europe. main funds.

So in the third time when the big four banks repeated their tricks, the main bulls quickly discovered and defeated the entire 1.2640 mark.

After being attacked, the short-sellers represented by the four major banks did not hesitate to give up this juncture.

Because they know that today's euro/dollar war is definitely not a win or loss, it will be a macro war.

Although the four major banks have chosen to avoid the war in these several long-short battles, there is no doubt that their purpose has been achieved, and the patience of a large number of small and medium-sized investors has been exhausted by this continuous blocking.

They began to wait and see the situation in the market again, and no longer chose the bull side without hesitation. The situation in the market returned to the situation of the main force after these few small routines of the four major banks.

1.2641!

1.2642!

Sure enough, under the continuous consumption, many small and medium-sized investors began to wait and see, and the rise and speed of EUR/USD began to show a major attenuation, and even stagnated for a while.

In the short ten-point range of 1.2640 to 1.2650, the main strength of the bulls is constantly being consumed. They not only have to guard against the surprise attacks of the four major banks, but also take over the plates of small and medium-sized investors who follow the trend.

Tired of coping!

It took two full hours for EUR/USD to touch the 1.2649 position. Chu Ge glanced at the time on the computer, and it was already past twelve o'clock in the morning domestic time.

Obviously, the first large-scale confrontation between the two sides will appear at 1.2650, the half-integer position.

Although it seems that it has only risen by nine points in the past two hours, Chu Ge is not bored. On the contrary, he has learned a lot from the various small routines of the four major banks.

Although it is past midnight in China, Chu Ge, who has only slept for six hours, is still full of energy.

When EUR/USD was struggling to stand at 1.2649, Chu Ge no longer hesitated to choose to stand on the short side.

After more than two hours of watching the market, not to mention other factors, at least in terms of operation, the long side composed of many funds in Europe is obviously weaker than the short side represented by the four major banks, and the gap is not even a little bit.

128640 hand long positions!

He looked at his full long positions, and without hesitation, he chose to start liquidating positions in batches. Taking advantage of the fact that some investors are still bullish on EUR/USD, Chu Ge cleared all positions in almost no time.

The battlefield of EUR/USD is indeed much larger than that of USD/JPY. Even if the main players on both sides have not yet come to an end, Chu Ge's more than 100 million US dollars cannot splash too much water, and it is easy to spill all of them.