City: No One Understands Finance Better Than Me

1.2610!

"Boss, we have already invested nearly 200,000 hands, do we still need to continue?" The assistant looked at Charlie helplessly. Although 200,000 hands were many, they were still insignificant in front of all investors in the entire market.

"Forget it, let them go." Charlie waved his hand after thinking for five seconds.

......

1.2609!

The stalemate this time far exceeded the 1.2620 position, and it took more than ten minutes for the bears to solve this troublesome stumbling block.

After breaking through the small support level of 1.2610, EUR/USD dived downward again. Although the speed has slowed down after these two resistances, it still has an absolute advantage.

After that, almost all the small and medium-sized investors in the entire market and the short side of the big four banks took only a few minutes to pull the EUR/USD back to the position at the opening of the American session.

1.2603!

Then again, EUR/USD was resisted at 1.2603, and this time the resistance was much stronger than the previous two.

"EUR/USD has reached 1.2603, boss," the assistant said to Charlie.

"Suppress the shorts for me, and make 50,000 longs." Charlie's eyes changed.

"Boss, although the EUR/USD has taken a long time, it has still eaten up our hundreds of thousands of long positions. Do we need to continue?" This time the silence was very long. After ten minutes, the assistant The voice sounded again.

"No, let them enter 1.2602, continue to throw 50,000 hands to me at 1.2602, and also throw 50,000 hands to me at 1.2601!" Charlie looked blankly at the computer in front of him, "Want to eat my meat, I want you to pay the price of blood for every step you take!"

1.2602!

1.2601!

This time, although EUR/USD fell from 1.2602 to 1.2601, it took the short side nearly half an hour to eat up all the long orders on the market.

1.2601!

1.2600!

After the euro/dollar broke through 1.2602, the power of the bears weakened again, and it took more than an hour for the last point before 1.2600.

Stalemate!

Pull saw!

Countless long lists were nibbled by the bears a little bit, but because of this, they were also consumed by the speed of the bulls' falling like a snail.

Almost everyone can see that the bears have run out of stamina after this series of consumption.

At this time, some small and medium-sized investors who seem to be relatively clever have begun to quietly close their short positions, and then turn directly to the long side.

Just when everyone thought it was impossible for the bears to break the 1.2600 support level under these circumstances, the next move in EUR/USD made them confirm their guesses.

1.2605!

1.2600!

A full 100,000-lot long list appeared on the time-sharing chart, bringing out a long positive line, which made EUR/USD rise by as much as five points.

Although the next second, the bears immediately found that they took all the long list of 100,000 lots and pulled the EUR/USD back to the 1.2600 position.

However, how to see this operation looks like a stern, lack of confidence.

If it is not for lack of confidence, the bears should take the opportunity to add more positions at 1.2605 at this time, and fortunately, the EUR/USD will gain more after falling below 1.2600.

But now, in just a fraction of a second, the bears immediately exerted their strength to eat all the long orders in the market, as if they were afraid that others would see the rise just now.

However, although it was only for one second, there were more than 100,000 people who saw this scene.

In an instant, the overwhelming bears chose to clear their positions and turned to the bulls, wanting to follow the bulls for another wave.

Thirty thousand, fifty thousand, eighty thousand, fifteen thousand!

Soon a huge white line appeared on the time-sharing chart of EUR/USD, and there were more than 200,000 contracts long for EUR/USD.

Just when everyone thinks that the bears will lose their resistance in an instant under the powerful force of these 200,000 lots, and the EUR/USD will rise again.

The movement of EUR/USD seems to confirm their ideas again, EUR/USD is rising again, and the increase is huge!

1.2608!

A full eight-point increase came in the strength of the 200,000-lot long order, and the eight-point increase seemed to officially signal that the bears were out of power.

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