Chapter 196: Set Sail
"Do you think I look like money?"
Facing Wang Lin's question, Zheng Fan spread his hands with a single-handed expression.
"Without a follow-up source of funding, how dare you do this?" Wang Lin rolled her eyes and said.
Zheng Fan just smiled, and did not respond to the women, the reason why he dared to open a position to the limit was because he had full confidence in the rise of international gold spot prices.
"The price seems to be going up, not only the increase in active intraday buying, but even the passive new opening order will drag $279 to death." Ruan Yuan, who was observing the direction of the plate, finally breathed a sigh of relief.
At this time, Ruan Yuan couldn't help but wonder if the current changes in the market were caused by the strong entry of Dafu Bank just now, resulting in a phased increase.
"When everything goes well, how to do it naturally, once there is a sudden change in the disk, the sense of oppression of this consumption, will hit exponentially, it is estimated that the main selling order in the international gold spot, it is difficult to play out from this position in a short time, and you ignore one point, that is, a large amount of money, not necessarily an absolute short side institution, the proprietary disk of Tatfook Bank, in the direction of the big operation, will not necessarily be completely opposed to international speculators." Zheng Fan got up with a slight smile of deep meaning.
"Woo~~~"
Seeing that the international gold price was pulled to $279.4 by a buy order of more than 50,000 lots, Wang Lin's eyes couldn't help but widen.
"What should be the opportunity?"
Although Ye Qian is not very familiar with the international gold speculation, she can also faintly realize that the current changes in gold prices are not a coincidence.
"In the relatively low position of gold prices, it is inevitable to look for opportunities for many parties, and the first one has appeared, that is, the Dow futures contract, in the process of public outcry, there has been a sharp decline." Zheng Fan sat at the small round table, drinking a small beer while holding up a finger and said.
"In the case that the U.S. stock market has not officially opened, is it looking for Dow futures to shout as an opportunity to operate international gold?" Wang Lin will not even check the change in the price of Dow futures through the electronic disk.
"The stock market is a risk asset, gold has a hedging function, the speculative sentiment and risk appetite of the two are different, which will naturally lead to a certain seesaw market, although this metabolic imbalance is not absolute, but at the relative low point of the gold price, it is a signal and opportunity that cannot be ignored." Zheng Fan smiled calmly.
"It is true that after the Dow futures price fell sharply, there was a certain change in the price of gold, but I don't know whether the operation of the proprietary department of Tatfook Bank led the change in gold prices, or grasped this opportunity, spot gold in just one minute of volume, is indeed very beautiful." Ruan Yuan came to the computer where Zheng Fan was before, and took a look at the price change of the Dow futures outcry.
"Boss, the price of international gold spot is already 279.7 US dollars, the short-term rebound has been established, and it is showing a trend of price appreciation and increase, the price upward rate is very ideal, and there is no big sell-off in the intraday." Ye Qian said loudly.
"If the gold price can pass 280 US dollars, it will be closed in a small amount, and the liquidity of the market is improving. Zheng Fan shook his head and gave an order.
Putting aside the trend of international gold prices, Zheng Fan couldn't help but sigh secretly, Wang Lin's three daughters are not professional investors after all, and there are indeed gaps and deficiencies in trading.
"So fast?"
Wang Lin was completely unaware that the operation of Tatfook Bank's proprietary market in international gold would be so tight.
"Our 515,000 long positions in the international gold spot, with an average cost of $279.1, are now at $279.8, and there is already room for profit." Ye Qian nodded definitely.
"Takashi ~~~"
A buy position of more than 100,000 lots appeared on the international gold spot market, pulling the gold price past $280, and the time-sharing trading volume was also significantly enlarged.
"It's over $280, do you want to close the position?"
Wang Lin nervously brushed the keyboard and asked hesitantly.
"Don't be greedy for it, close the position at the two prices of 280.1 and 280 US dollars, and reach 30,000 hands each." Zheng Fan's eyes widened slightly, and he explained to Ruan Yuan's three daughters.
"The international gold spot is 280.1 US dollars, and 30,000 long positions are closed." Ruan Yuan was the first to open a closing order, which slightly blocked the momentum of the rebound in gold prices.
"Also closed 30,000 lots at $280.1."
Finding that the gold price still had the momentum to rise, Ye Qian immediately followed the path.
I don't know if it's the relationship between female traders, for a while, the keyboard sound of the self-management department seems to be very delicate and soft, and Ruan Yuan's three daughters have closed their positions one after another, but they didn't let the gold price go down significantly.
"$280 to close 50,000 lots, the buyer's momentum is still relatively sufficient." In the process of gradually closing the position, Ruan Yuan felt the abundant liquidity of international gold.
"How many positions are left?"
Zheng Fan asked Wang Lin's three daughters at the right time.
"There are less than 100,000 hands left."
Wang Lin also began to relax, although the rebound of this wave of international gold is not high, but it is a relatively good start.
"In the case of sufficient buying power, don't worry, close the position slowly, as long as the futures price is not less than $280, we will change hands and add short positions." Zheng Fan's statement made Ye Qian's three daughters surprised.
"Isn't there any news on the real-time news?"
In the process of closing the position, Wang Lin couldn't help but ask.
"It is because there is no news, the gold price needs to confirm the validity of the low point of $279, for the position of the main seller, after the loss of nearly 700,000 positions at $279, it will not be over, I believe that when the buyer's momentum can not keep up, the short-term hit selling institutions should also regroup, and we opened more than 500,000 long positions near $279, which is not a decisive influence, and it is not enough to set the bottom of the gold price, resulting in the continuous rise of the gold price." Zheng Fan couldn't help but explain in detail in order to let Wang Lin's three daughters operate firmly.
"The 515,000 long positions have all been emptied, and now we have entered the process of opening new short positions, and the establishment of short positions has been quite smooth without affecting liquidity too much." Seeing that Ye Qian was nervously counting the income, Ruan Yuan's operation sped up a bit.
"We have a long position of 515,000 hands on the international gold price of $279.1, the average closing price is $280, a profit of $0.9 per ounce, a profit of $90 per hand, and a total profit of $515,000 has reached $46.35 million, plus the previous principal of $143.84 million, the total amount of funds has reached $190 million." Ye Qian calculated as quickly as possible.
"Although the leverage is not too obvious compared to 100 times, the amount of funds is already showing signs of rolling, and it is still settled in US dollars." While Wang Lin was operating, he couldn't help but be secretly frightened.
"Newly opened short positions, established more than 300,000 lots, although the futures price is below $280, but the buying power of the bulls can still support." Ruan Yuan took a deep breath and spoke.
"Speed up, it is estimated that the open outcry curve of the Dow futures contract will not maintain a dive and fall all the time, once the open outcry curve slows down, it is the time when the buying power of the international gold price disappears." Although Zheng Fan did not sit in front of the computer, he still had some confidence in all aspects of the changes.
"The decline in the Dow futures price has slowed down." After Ruan Yuan released a large new empty order, she quickly got up and glanced at Zheng Fan's computer.
"Soon, there are still 150,000 hands left to complete the position."
Wang Linxiu's onion fingers kept moving, and he didn't even have the time to catch his breath.
"$279.9 can't be sustained, pushing the price of gold to 279.8 to open a short position." Zheng Fan's operation instructions did not have the slightest hesitation.
"Depressed the price of gold and opened a short position of 100,000 lots at $279.8." Ye Qian, who joined the operation after the accounting was completed, reacted as soon as possible and lowered the gold price by one point.
The sound of the keyboard gradually stopped in the proprietary department of Dafu Bank, Zheng Fan struck a match and lit the cigar, the smile on his face was somewhat satisfied.
"With less than $200 million in self-operated properties, the three of you are still tired of working together?" Seeing that Ruan Yuan and Wang Lin were already flushed and gasping for breath, Zheng Fan laughed and teased.
"Sitting and talking doesn't hurt your back."
Wang Lin twisted his face and didn't wait to see Zheng Fan's style.
"Except for Ye Qian, if any of you two is tired, you can leave now, looking at your operation rate, I feel panicked." Zheng Fan smiled informally.
Including the female doctor Yao Ling on the side, none of the four women spoke up, and none of them seemed to want to miss this operation.
"Although the price of gold is falling slowly, there is no large selling order, it seems that there is only a unilateral lack of buying power, and the component of artificial suppression is not obvious." Although Ruan Yuan is not surprised by the fall in gold prices, she is still vigilant.
"It's just that the time has not come, after the last wave of fierce pressure, the main force of selling goods suffered a big loss, and now it is inevitable to be cautious, which is waiting to gradually press to $279 before starting to exert force." Zheng Fan said with a sinister smile.
"If the first time Dafu Bank's proprietary market entered the market, the main force of selling goods was caught off guard, and now the other party is on guard, what should we do?" Wang Lin asked uncertainly.
"When we don't know each other, but the best stage of looking for fighters, we can continue to let go of the market, at least until tomorrow, there will be no worries about being figured out, and when the gold price reaches 279 US dollars, we will close the position in a small way, give some confidence to the main institutions that are ready to sell, and see if the other party wants to suppress the gold price." Zheng Fan blinked and smiled, with a sense of mastering the initiative and rhythm.
"Judging from the slow downward trend of gold prices, the main institutions that sold before were really confused by the sudden changes in the market, and once they were to be bitten by this guy behind the buttocks, they must be very passive, and they will be eaten if they don't do well." Wang Lin secretly glanced at Zheng Fan and remembered the previous operation of plywood futures in China.
(The second update will be sent.) )