566. If you don't persevere, you don't know what despair is!

Danny smiled with relief, and when USD/CAD fell to 1.0870, he was very worried that USD/CAD would suddenly be pulled up. Because of the strong bullish support at 1.0870 before, the USD/CAD pair was pulled up several times, but the unexpected did not happen this time.

The moment USD/CAD fell below 1.0870, it fell by another 10 pips!

"These short-term bulls have finally retreated! In particular, the stubborn bulls at 1.0870 have also retreated!" Danny was very excited in his heart, and the big stone in his heart also fell to the ground! Loudly said to everyone: "Keep persevering, keep working hard, this is hope! We will win in the end! We must believe that the balance of victory will slowly tilt towards us!

"As long as we don't give up!!!! it will!"

At this moment, Xiangjiang, Standard Chartered Building, Chen Hui was drinking panda tea, while looking at the market trend of USD/CAD, and when he saw that USD/CAD fell to 1.0850, he smiled lightly, relieved the teacup, and said to himself: "If you don't insist, you won't know what despair is!"

Chen Hui finally waited for the opportunity to increase his position to long USD/CAD, which Chen Hui had planned to start supporting USD/CAD at the 1.0870 level, but seeing that the USD/CAD bears in the market were so interested, it was up to them! It is better for USD/CAD to fall to 1.0850, which means opening a position at a lower position!

Immediately, Chen Hui placed a long order of 100,000 lots of USD/CAD!

USD/CAD began to oscillate between 1.0850 and 1.0860, and in order to eat more goods, Chen Hui also began to slowly buy long positions in USD/CAD.

····

At this moment, Bank of Montreal, Adam and other traders, with an angry face watching the USD/CAD fall wildly, they already hold a long position of 2 million USD/CAD, they have been adding long positions to USD/CAD for a long time, before the Canadian economic data was released, they pulled the USD/CAD to 1.0907 at the highest, and then let the USD/CAD stand firmly at 1.0900, but they consumed 500,000 lots! The Canadian dollar is firmly nailed above the 1.0900 level!

"Adam, I didn't expect the Canadian economic data to be so good, and all the long positions we added to our new positions were trapped!" said a trader angrily: "This is hateful! I didn't expect these short-term bulls to retreat so quickly!!"

Now they have increased their positions by 500,000 lots at a high level again, but most of these 500,000 lots have been added around 1.0900, and now USD/CAD has fallen to the 1.0850 level and lost 50 points, he is really remorseful!

"Alas!!!They only make a short-term profit of a few dozen pips, or when the situation is not good, they make a profit of 10 pips and run away!" another trader sighed: "These fools!"

"Yes, we have caused us to lose so much profit!" Another trader said regretfully: "It would have been nice to lock up hundreds of thousands of lots if I had known!"

Now they hold 2 million lots of long orders for USD/CAD, with an average opening point at 1.0800, and there is currently a floating profit of more than $1 billion!

Previously, they had a floating profit of nearly $2 billion, a loss of nearly $1 billion!!

"Adam, are we still adding to our position?" said one trader, "and the position is low now!"

Adam thought for a while and said, "If we don't increase our position, we don't have much available funds, and it won't be good to be triggered by the risk line when the time comes!!"

Their total capital was only $5 billion initially, but it cost $2 billion to open a position! Fortunately, they are still making a profit of $1 billion, and the net account value is now $6 billion! He doesn't want to make a big mess, and if he continues to increase his position, it will be terrible if something unexpected happens to USD/CAD! If it plummets by a few hundred points, they will be finished!

Hearing Adam's words, the hearts of the people immediately became uneasy.

One trader worried: "Adam, what if we don't support it, what if USD/CAD keeps falling?"

Now USD/CAD has been falling, especially below the strong support level of 1.0870!

"We have already lost more than $900 million in profits!" Another trader said bitterly, looking at the huge profit taking in the account: "If it falls another 40 points, our profit will be zero!"

There were nearly $2 billion in profits before, and in the blink of an eye, there were only $1 billion in profits. Half of the profit was given back in less than a few hours!

"Hopefully the bulls who had swept strongly at 1.0870 will appear!, and then pull USD/CAD up!" Another trader looked at the USD/CAD at this moment and stopped the decline, thinking of the strong bulls that had swept at 1.0870 earlier!

"Let's hope USD/CAD will be pulled up soon!"

"Yes!

·····

Madham listened to everyone's words, pondered for a while, and said: "Everyone stay calm! The profit taking of nearly $1 billion is only temporary, and the dollar/Canadian dollar is now supported again, and I believe that it will rise soon! That powerful bull will definitely sweep the goods in this position! Everyone can rest assured!" Looking at the expressions of everyone, Adam felt a horizontal in his heart, and said firmly: "It really can't be done, we have to take a bigger risk to increase the position and sweep the goods! I am afraid that those bears will not succeed! We are on the side of the general trend!" They are bound to die!"

I did make some mistakes before, and I added 500,000 lots to such a high position!

·····

Time flies quickly, Chen Hui once again increased his position 200,000 lots of USD/CAD long orders, and now he has 3 million lots of USD/CAD long orders! At this moment, USD/CAD is at 1.0860 position, seeing that the shorts in the market are almost consumed by himself, Chen Hui immediately began to pull up, each time he buys 20,000 lots of USD/CAD long positions!

USD/CAD immediately began to rise, and half an hour later the USD/CAD 5-minute candlestick chart appeared 4 long white candlesticks in a row, rising by a total of 40 points, from 1.0860 to 1.0900.

Looking at the resistance that USD/CAD met at the 1.0900 level, it started a period of oscillation from the 1.0900 level to the 1.0910 level. Chen Hui smiled, planning to continue small-scale buying, no need to pull up again, just fix USD/CAD above the 1.0900 position!

"Advance step by step, let these dead bears keep hope forever until they are completely desperate!"

·····