Chapter 213: Gold Absorption
In the self-operated department of Dafu Bank at night, the delicate keyboard sound kept sounding, and Ye Qian and Ruan Yuan's opening of positions in US dollar index futures made Luo Hong and several traders secretly surprised. Pen, fun, pavilion www. biquge。 info
"How many?"
After Zheng Fan finished browsing the public information, he asked lightly.
"The U.S. dollar index futures started at 98.0198, and 500,000 short positions have been opened within ten minutes, and now the price has fallen to 98.0195. Ye Qian's hands kept operating, trying to maintain a smooth response.
"The sense of rhythm and the stability of the operation are not comparable to the traders who have not experienced the operation of large funds, and I did not expect that these two executives can really carry out the operation of self-operated trading." The white man Harry looked strange and sighed secretly in his heart.
"It seems that there are preparations early in the morning, otherwise how can the big money be transferred to the New York Cotton Exchange, from the perspective of operational ideas, although it is relying on international gold to continue to rise, and the Federal Reserve's interest rate hike expectations as support, but the focus should be on the dollar index futures, the Fed's interest rate hike response is not sufficient." Erica, who temporarily acted as the Minister of Integrated Services, guessed Zheng Fan's train of thought.
"Do you think you'll be able to do it?"
Ji'er walked up to the brown-haired woman and asked in a whisper.
"Giving up the international gold spot and turning to the US dollar index futures, it seems that we want to grasp the initiative, rather than entering the international gold spot and competing for dominance with the existing multi-party main forces, it is indeed better to operate the US dollar index futures, which is more controllable." The brown-haired woman's statement made Luo Hong and the other traders couldn't help but listen secretly.
"$3 billion is not a small amount of money, but can it really control the dollar index futures? You must know that the U.S. dollar index futures in terms of trading volume, even if it is not as good as the international gold spot, but there are also central banks, commercial banks, and various investment institutions, especially those involved in foreign exchange, which are very powerful. Ji'er was not sure.
"Compared with real foreign exchange trading, the dollar index futures, there is still the possibility of operation, especially at a sensitive point in the market, once it can attract various institutions to participate, the situation is even more difficult to say, in terms of the current frequency of opening positions in the proprietary department of Tatfook Bank, although it is not too obvious, but it imperceptibly affects the supply and demand of the market, to dominate the market, I estimate that the opening action, there should be a process of re-acceleration." The brown-haired woman seems to be Xiang Ji'er's assistant, but she is very good at the operation of the capital market.
"U.S. dollar index futures opened 30,000 new short lots at 98.0193." Sensing that the handicap undertaking strength has been strengthened, Ye Qian made 30 million short orders in one stroke.
"Boss, as the price of U.S. dollar index futures falls, there are many funds entering the market to take over." Ruan Yuan reminded Zheng Fan.
"Continue, less than a million hands do not stop, to be the multi-party wave of undertaking to wear out, do not worry too much, in the context of the Federal Reserve interest rate hike, the dollar index futures bearish institutions will be more, now just the trend is not very clear, need a fuse, once the dollar index futures than the international gold spot start, can achieve a large number of attraction of on-site and off-site funds." Zheng Fan smiled and comforted Ye Qian and Ruan Yuan, who were in charge.
"Sure enough, is it true that you want to make U.S. dollar index futures into today's mainstream varieties? He wants to compete with the international gold spot for funds, if the US dollar index futures are started first, it will cause the effect of diversion to compete for funds, compared with the international gold spot after the sharp rise in the state of consolidation, the US dollar index futures to the interest rate hike is expected to respond to the lack of components, is the market can be seen by all institutions. The brown-haired woman said in a very low voice.
"I'm afraid it's not just that, if the U.S. dollar index futures start first, the main force in the international gold spot will not be willing to be lonely, and will definitely take advantage of the situation to launch, which will also create a greater space for the decline of the U.S. dollar index futures. Ji'er, a blonde girl, finally gradually guessed Zheng Fan's thoughts.
"I didn't expect that the young bank president and his assistant would be so open-minded, if it weren't for the operation of a large amount of money, it would be almost impossible to dissect it to this extent." Erica, the Minister of Integrated Services, after all, has worked in the Puma Fund, although she is not very vocal, she has a better understanding of the operation of big funds than Harry and Liu Mingxuan.
"Miss, now it seems that the dollar index futures have room to fall, but the international gold spot after two days ago blowout rise, profit-taking, but still not optimistic, and the stability is also a lot worse, once it rises again, it is likely to be twists and turns, forced to pull up will not trigger institutions to short, the two markets choose to link at this time, always feel that the international gold is not too ideal." The brown-haired woman looked a little odd.
"You mean, he wants to hedge the main force that operates the international gold spot? Taking advantage of the other party's insufficient preparation, forcibly launch an offensive on the US dollar index futures, creating a market atmosphere to force the international gold price to follow upward? In the case of unstable consumption and finishing, it is estimated that once the gold price is selected to rise, the main institutions that are long will be very difficult. The blonde girl, Ji'er, was communicating with the brown-haired woman in a voice that was inaudible to outsiders.
"U.S. dollar index futures and international gold spot two markets, the degree of freedom and openness is extremely high, there are too many variables, now it seems that if the U.S. dollar index futures are launched first, it is likely to grasp Allah's action, international gold spot follow, even if there is a short-term rise, it is also a false initiative, it is estimated that you have to look again to determine his true intentions, this process is estimated to have two key points, one is the opening of the U.S. stock market, and the other depends on what he wants to launch before the news of the determined interest rate hike comes out, Still waiting for the moment when the news lands. The brown-haired woman explained in a low voice.
"What are you muttering there, if you have nothing to do, sit down quickly, didn't Minister Ye Qian open the capital account? As the president of Tatfook Bank, he should take on a heavy responsibility at a critical time. Zheng Fan seems to be dissatisfied with the analysis of Ji'er and the brown-haired woman's operation.
"If it weren't for the fact that he was in the proprietary department of Dafu Bank, watching the process of operation, I am afraid that no one would have imagined that the operation of US dollar index futures is very likely to be an appetizer, and the real goal is to focus on the main force of the bulls in the international gold that they do not know." Ji'er rolled her eyes, sat down and said secretly.
"800,000 hands have been opened, and this wave of bulls has been consumed in the past, and if it is suppressed now, it should be very smooth." Ye Qian made an offer to Zheng Fan in a timely manner.
Because of the trading relationship, Ye Qian and Ruan Yuan can clearly feel that under the condition that the proprietary department of Tatfook Bank continues to open short positions, the short-term balance of supply and demand of US dollar index futures has been very fragile, and the market has been temporarily powerless.
"Stop."
Zheng Fan raised his hand slightly, and stopped the opening of Ye Qian and Ruan Yuan in a deep voice, so that the tense atmosphere of the entire self-operated department immediately began to increase.
"Are you going to start?"
Ji Er opened the time-of-day chart of the U.S. dollar index futures, unsure of the timing of the move.
"There are still fifteen minutes before the Dow opens, and the position of the dollar index futures has already established a short position of 800,000 hands, and the timing has been very well controlled, but didn't it be said before that less than a million hands are non-stop? Is it because of the balance between supply and demand? The white man Harry's expression at this time had already restrained his arrogance.
Prior to this, the largest fund managed by Harry was only $500 million, and it was the first time he participated in a large-scale fund operation of more than $3 billion.
Moreover, unlike the highly leveraged US dollar index futures, most of the funds managed by Harry are engaged in stable arbitrage operations in the treasury bond and foreign exchange markets, and the market state is far less intense than that of futures.
"Although the cessation of operation has something to do with the balance of supply and demand, the main idea should be to leave as much operating funds as possible, in the early stage of the market, in a short period of time to increase the intensity of concentrated suppression, in order to attract follow-up funds to join, the process of building a position is very ideal, not only buried a large number of short positions, but also to find out the balance of supply and demand, if you exert force again, it must be a thunderbolt." Erica, who has experience in the operation of large funds, somewhat guessed Zheng Fan's operation trajectory for US dollar index futures.
"Once we don't give pressure intraday, the price of the dollar index futures, began to rise, and now it is 98.0195, rebounding 0.0002, in the process of establishing short positions, although the intraday selling pressure has increased some, but it is not too obvious, the wait-and-see sentiment of short funds in and out of the market is still very strong." Ye Qian said loudly.
"For the time being, the price of the dollar index futures will be put up, the price of the pressure has just recovered its elasticity, and it cannot be determined as an effective rebound, before the heavy hand, it is also necessary to take a look at the perspective of a bystander, and then take a look at where the balance of power between the long and short sides of the market is, especially in the case of throwing away our operation, in the price operation for a period of time in the future, the main institutions will take the opportunity to find the need to find the price back." Zheng Fan said with a calm smile.
"Two days ago, in the case of the international gold surge, the dollar index futures have not been beaten, which shows that many of them are still very resolute in maintaining the price. Ye Qian cautiously reminded.
"Relying on our side alone, of course, we can't compete with the main force of the US dollar index futures, but in the market as a whole in a bearish atmosphere, we can drive external forces, consume the strength of the other party, and open 800,000 short positions in a short period of time, which is already a very obvious signal, it depends on whether there are other main forces of the short side to follow up and form continuous pressure on the capital side." Looking at the moderate amplification of the trading volume of the US dollar index futures in a short time, Zheng Fan seemed very confident.
(The first one, more later.) )