City: No One Understands Finance Better Than Me

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"Boss, EUR/USD has risen, and it has risen by a full eight points!" The assistant's excited voice appeared in Charlie's ear.

"Huh?" Charlie was still thinking about how to fight the main bear at 1.2600, when he suddenly heard the voice of his assistant and immediately looked at the computer screen in front.

"The 200,000-hand long orders are all sporadic small orders. It seems that retail investors have spontaneously closed their positions and made long positions. Boss, our recent blockades have changed these people's camps," the assistant continued.

"That's what retail investors are like, whichever side is good for him will go where he goes" Charlie curled his lips, and then said in a tough tone, "Now, give me all your strength to crush the bears, and give me another 100,000 hands in the market!"

"Okay, boss!"

Just a mere 200,000-hand long list has already made the bears feel exhausted, and a full eight-point increase has exposed the weakness of the bears.

At the same time, the eyes of many big European capitals like Charlie were full of light, and they all told their assistants to pull up the EUR/USD with all their strength, as if they would never give the bears a breather.

One hundred thousand hands, two hundred thousand hands, three hundred thousand hands, five hundred thousand hands!

In just half a minute, the main bulls threw out a full 500,000 long orders, and including the retail investors who followed the trend, the long orders in this minute reached nearly 700,000 contracts.

The long list of a full 700 million US dollars has established an unprecedented large Yang line on the time-sharing chart of EUR/USD.

Just when everyone was thinking about how much this huge long list would make EUR/USD rise, reality hit everyone in the face.

1.2600!

Nearly 700,000 long-term orders appeared in the market, not only did not achieve the sharp rise expected by everyone, but fell straight back to the 1.2600 position without moving.

how come?

Just 200,000 lots made the EUR/USD skyrocket by eight points. Now that the 700,000 lots are dropped, how could it have gone backward by eight points? This is unscientific!

The main bears can't even eat 200,000 long orders, but now the 700,000 long orders have fallen.

scam!

At this moment, although most people haven't reacted yet, a small group of people, including Charlie's main bulls, have reacted.

What is difficult to fall, what is lack of strength, all the bears are playing for everyone to see, they want to sweep enough goods at the 1.2600 position, so that they can make profits after shorting EUR/USD.

Thinking of this, Charlie's face changed greatly, and he immediately shouted at his hesitant assistant, "Now give me the position of 1.2600 and make an extra 200,000 hands!"

However, it was obvious that Charlie's words were a little late.

100,000 hands, 200,000 hands, 400,000 hands!

The market suddenly began to premeditately appear a large number of short orders, and in the blink of an eye it was 100,000 lots. Just when Charlie shouted to his assistant, there were already 400,000 short orders in the entire market.

And the long list that the bulls originally deployed at the 1.2600 position, because they just felt that the bears were not strong enough and wanted to pursue the victory, they took out these funds, resulting in a weak defense at the 1.2600 position.

1.2599!

Breakthrough!

Under the strength of a full $400 million, the support at 1.2600 was directly broken, and EUR/USD returned to the area of ​​1.25 after a lapse of several days.

Drive straight in!

After the EUR/USD broke through the entire position of 1.2600, before the main defense of the bulls appeared, countless short orders appeared in the market again, which exploded the mentality of those renegade investors.

1.2593!

After breaking the 1.2600 level, EUR/USD plunged six pips in just one second!

1.2584!

1.2576!

......

After breaking through the 1.2600 level, the EUR/USD plunged by more than three points in almost every second, and the bears invested nearly one million hands and billions of dollars for this wave of decline.

1.2543!

1.2542!

Two minutes later, the bulls who finally reacted began to organize an effective counterattack, and a long list of more than 500,000 hands appeared, blocking the edge of the bears again.

Until now, the financial game between the bulls and the bears has become intensified. Although the bears still have some advantages, because they just broke through the 1.2600 position, it cost a full 400 million US dollars. With an investment of US$1.4 billion, the four major banks with strong financial resources are also somewhat stretched.

Seeing this situation, Chu Ge chose to clear all his short positions without hesitation.

A full 187,000 hands!

All clearance!