City: No One Understands Finance Better Than Me

The moment Charlie saw the news, his brain was a little congested.

He really didn't expect that when the lighthouse country is in such a situation of internal and external troubles, this golden retriever president would dare to risk the world and do things in Europe. Isn't he afraid that the lighthouse country will be boycotted by the whole world?

Obviously Charlie underestimated the determination of the lighthouse country to maintain the hegemony of the dollar, and also underestimated the arrogance of the lighthouse country after becoming the world leader.

It may seem irrational, but as the first person who dares to touch a tiger's beard, Charlie is about to be eaten up by the aged king of the world.

The headquarters of Citibank, a lighthouse country, watched the exaggerated performance of the Golden Retriever President in the video, which was such a disgusting performance in Morris's eyes, and now he wants to give the Golden Retriever President an Oscar statuette.

It's so pretty!

Morris shouted excitedly at Cross beside him, "Do you know what to do? Let all these European pigs go to see God!"

"Also, don't let the other three take the lead, Citibank is the first batch of capital to enter the market," Morris added when Cross turned to leave.

boom!

As soon as this news came out, the entire EUR/USD market exploded, and countless barrages suddenly appeared on foreign exchange websites.

Everyone, all have reached the same consensus, the euro is going to have a big event today!

Sell!

Those small-cap investors who just started to follow the bulls to go long have chosen to throw their long positions into the market like those who don’t want money.

With the first batch, the second batch and then countless batches of long retail investors appeared in the market, and countless long positions were liquidated.

In this case, the main bulls did not dare to take over the market rashly, and without the main players entering the market to control the situation, they did not even need the four major banks to take action, and the entire EUR/USD bull market was hit hard immediately.

1.2645!

In the blink of an eye, the EUR/USD, which was originally pulled up by the bulls, plummeted by four points, and in the following time, this decline can only be regarded as the best, but it is by no means the most time-sharing decline.

In this case of panic-fleeing selling, EUR/USD broke one support level after another and dived towards 1.2600 at a breakneck speed.

1.2642!

1.2639!

1.2635!

......

1.2623!

In just ten minutes, the dozens of points that the EUR/USD had just risen were given back most of the time.

EUR/USD swooped down nearly thirty pips with barely any resistance due to the inaction of the main bulls.

And so far, the first wave of panic selling by retail investors is also coming to an end, and the number of clearing long positions is gradually decreasing, but the EUR/USD is still falling under the overall market trend.

After all, the sellers are not finished after they clear their positions. They still have funds in their hands, and they can continue to enter short positions.

Although for some long investors who did not lose money, this wave of panic selling only made their profits take back some, they are not very anxious to enter the market to make money, they can wait and see the situation.

But in addition to this small group of people who ran fast and didn't lose money, there are still many people who lost money in this wave of selling, and they urgently need to profit from shorting EUR/USD to make up for their losses.

In addition to these investors who want to make up their losses, more people who choose to short the EUR/USD are some speculators who follow the trend.

However, for the main bulls, although there are still many small and medium-sized investors who choose to short the euro/dollar, it is much better than the decline of the entire market just now.

They were finally able to get their hands on it and keep EUR/USD in a position where it won't crash.

1.2621!

1.2625!

With the efforts of many small and medium-sized investors, EUR/USD continued to fall by two points, but in the next second, EUR/USD rebounded by four points.

This sudden rebound made the small and medium-sized investors who had just fallen into a frenzy suddenly sober up a little. They suddenly remembered that there are not only shorts in the market.

1.2623!

Just when the bulls were hesitating, EUR/USD fell two points again in accordance with the market trend, returning to the position of 1.2623.

1.2621!

1.2619!

Another two waves of consecutive declines, with a full four-point decline, relieved the small and medium-sized investors who were just a little worried.

It seems that the main bears are not eating dry rice.

1.2620!