Chapter 214: Take the opportunity to throw a few punches
"The buying order came up again, but the price of the dollar index futures did not go up much, and it is now 98.0196. Pen & Fun & Pavilion www.biquge.info "At the same time as Ye Qian's offer, she has realized that in the case of the withdrawal of the proprietary department of Dafu Bank, there are large funds from the short side to follow up.
"Three minutes have passed, the supply and demand of US dollar index futures are still dominated by the bears, if it is not for the problem of the main funds to maintain the disk, there are still concerns about the Fed's interest rate hike expectations." Ruan Yuan pondered her words and said.
"I don't know if you know about the sport of boxing, once you stand in the boxing ring, you can't have any weakness, otherwise the other party will definitely take the opportunity to rush up and punch you a few more punches, if the main force of the multi-party does not have the meaning of hard consumption above $98, we can let the dollar index futures play on the next level." The smile on Zheng Fan's face had the meaning of choosing people and devouring them.
"It seems that it is not ready to push up, and the price of the dollar index futures has begun to retreat, from 98.0196 to 98.0194, almost to see the 98.0193 we pressed out before, and the initiative of the bulls is obviously weak." Because of the personal trading, Ye Qian has a good grasp of the short-term market trend.
"Wait, five minutes has not come out of the trend, it is estimated that there will be some repetition, since we want to give a heavy blow to the price, we can't short, we have to take advantage of the multi-party buying power to maintain it, we can make a move, suppress the process to achieve the goal of opening a position." Zheng Fan spoke calmly, and the raised hand did not let go.
"Caught so quickly, is it a little bit of retreat from the main forces of many parties? It is estimated that when the price of the dollar index futures rises again, this side will go all out. Ji'er secretly took a deep breath and stared at the dollar index futures on the big screen of electronic trading.
"There is no rebound, it is still down, and it has broken the low of $98.0193 that we squeezed." Ye Qian only felt that the intention of the main forces to retreat was stronger than she imagined.
"The selling order is still strengthening, if the price goes down further, our remaining funds to open a short position, may face the problem of increased transaction costs, will this be our 800,000 hands of short positions, the impact on the balance of supply and demand, began to gradually ferment and appear?" Although the price drop is a good thing, Ruan Yuan can't help but be nervous.
"There will definitely be an impact, but the main thing is that the main force of the multi-party retreat, resulting in the aggravation of the imbalance between supply and demand on the disk, it seems that even if we don't chase, there are still other institutions chasing the short, but it's still early, even if the main force of the Fed is expected to raise interest rates, it shouldn't be so easy to give up, if it's me to operate, at least I have to hold on until the U.S. stock market opens, and then look at the situation to consider whether to stick or retreat." Zheng Fan thought for a while.
"If the price keeps going down, what are we going to do here?" Ye Qian wanted to make a good advance and asked Zheng Fan.
"If you follow what you said, it will not be easy to get, the main forces of the multi-party retreat too resolutely, it is obviously not a good thing for the short side to suppress, and if the consumption is not sufficient at the high level, enough ammunition will be retained to resist stubbornly at the low level, which will cause great resistance to the subsequent decline of the dollar index futures." Zheng Fan shook his head and said.
"It's still falling, it's already 98.0191."
Seeing the mantissa behind the U.S. dollar index futures, Ye Qian didn't know why, and she always had a wonderful feeling.
"At least before the U.S. stock market opened, the U.S. dollar index futures will be up for grabs, just see if the bears sell the plate to cover up, can it put pressure on the funds to maintain the disk, if the main force wants to continue to maintain the disk, it must be stopped when the stage of loss of control is initially exposed, at the current rate of decline, and then do not shoot the $98 integer mark, it may be in jeopardy." From the perspective of the game, Zheng Fan pinned his hopes on the pressure of the short side except for the proprietary market of Tatfook Bank.
"Boom~~~"
In just half a minute, for the proprietary department of Tatfook Bank, it seems so long, in the waiting of everyone, the disk of the dollar index futures, finally appeared a 50,000 hands of the pull-up, to stabilize the decline in prices.
"From the annual line, the dollar index in the 94 ~ 95 two years, are in a state of decline, the medium and long-term trend is very likely to stabilize, now facing the pressure of the Federal Reserve to raise interest rates, the buyer power is still maintaining the disk, there is no significant concession, this multi-party funds are likely to be long-term, and the strength is very strong, if a short period of time can not make a wave of relatively extreme downward market, it is estimated that it is difficult to fight with the other party." Zheng Fan thought silently in his heart.
In Zheng Fan's view, the Fed's interest rate cut, even if it will have an impact on the US dollar index futures in the short term, can only be local, and in the long run, the Fed's interest rate cut will increase the export competitiveness of US goods, which will form a very strong support for the medium-term trend of US dollar index futures.
"It seems that we still have to wait for the US stock market to open."
Seeing that it was getting closer and closer to half past nine in the evening of Hong Kong time, Liu Mingxuan, who was expressionless, couldn't help but breathe a sigh of relief.
"Buzz~~~"
In Zheng Fan's seemingly hesitant waiting, the price of US dollar index futures has begun to gradually rebound upward, driven by multi-party buying.
"The rebound is quite fast, from 98.0191 to $98.0195, and the selling pressure on the bears has also begun to pause." Because there are still five minutes before the U.S. stock market opens, although Ye Qian pays close attention to the index, she does not make another offer.
"Sell, 100,000 lots and 100,000 hands down, and knock down the dollar index futures." Zheng Fan's raised right hand fell heavily, which surprised everyone.
"Do you have to wait any longer, the U.S. stock market is about to open, and at this time, full operation will increase uncertainty." Ji'er objected.
"The U.S. dollar index futures sold 100,000 lots at 98.0190."
Without waiting for Zheng Fan to give a reply, Ye Qian operated a huge short order, which swooped down on the board.
"Takashi ~~~"
At an unexpected time, and in the process of the rebound of the multi-party main force of the US dollar index futures, the heavy boulder has been thrown by the proprietary department of Taifu Bank, causing obvious turmoil in the market.
"98.0183 continues to chase and sell 100,000 hand positions, so that the time-sharing price will be killed." Ruan Yuan quickly followed suit and continued to open large short positions.
"The main force of the bulls reacted quickly, trying to pull up the price to stabilize the market, and there were 50,000 long orders to pull the futures price to $98.0187." Although Ye Qian was making an offer, she had already made an early bid for another 100,000 hand, and directly gave the main force of many parties a head-on attack.
"Don't hesitate, continue to sell goods, we have won, and a large number of short-chasing funds will come in soon, play a big order and then sit down." Zheng Fan roared loudly, giving confidence to Ye Qian and Ruan Yuan.
"Okay, play a large order of 100,000 hands, penetrate $98.0170, and then give the future price the momentum to accelerate downward." Ye Qian almost shouted, and her attack was extremely resolute.
From the last time Wang Lin asked, why Zheng Fan caught the opportunity to enter the international gold spot, Ye Qian could already faintly feel that the confidence of the main operation is sufficient or not, which will be directly reflected in the language of the handicap, and if there is a slight hesitation at the critical moment, it is very likely that someone will be caught by the tail.
"No, in the state of sorting, one minute is not enough to break the position and increase the volume, continue to make up the amount, and beat the funds in our hands out in one fell swoop." Zheng Fan almost jumped up and shouted.
"It's already replenished, over-the-counter short funds have begun to enter the market fiercely, and many parties have been beaten to the point where they can't raise their heads...... "Seeing that the U.S. dollar index futures turned down, in addition to the proprietary department of Dafu Bank, the over-the-counter short funds entered the initiative to open positions, and the futures price continued to press down, Ji'er couldn't help but sigh secretly in her heart, and the self-operated department of Dafu Bank launched the market fiercely.
"Takashi ~~~"
With the cancellation of orders that did not have time to be traded before, a new short order of 400,000 hands, as Ye Qian pressed the confirmation button, the US dollar index futures quickly sank downward, completely killing the 200,000 hands of the main force of the bulls, and reporting the price at $98.0165.
"Boom! Rumble! Rumble! ”
Under the deterrence of the thunderous short order of the proprietary department of Dafu Bank, the market short-selling funds reacted more intensely, and the price of the commission was also crazy downward, and in the blink of an eye, the price of the US dollar index futures had already seen 98.0134 US dollars.
"Collapsed, the short-term market supply and demand relationship is completely unbalanced, even if there are occasional long orders on the disk, it is not able to meet the needs of the short side to open a position, and the downward trend of the dollar index futures has begun to accelerate again." Although Ye Qian said this, the look on her face was extremely cautious.
"The rate of decline, should also be faster, from the short-term supply and demand balance near $98.0190 has been completely broken, to the current 98.0125, the decline is obviously not strong enough, in this market, once there is a fall, to a hundred prices for a single calculation is reasonable, at this time, the multi-party stability maintenance disk is more, so that the price is prone to a sharp fall." Zheng Fan's statement made Ye Qian a little puzzled.
"Once there are more stability maintenance plates, isn't it not easy for the futures price to fall?" Ruan Yuan couldn't help but ask a question after the end of the self-operated position of Dafu Bank.
"That's because in the U.S. dollar index futures market, participants are mainstream big funds, the trend is not good, the primary consideration for entering the short is to open a position, without a counterparty, but will lose momentum, and under the concentrated impact of funds, the price change will be very large, compared to the stable time, the volatility is easy to intensify rapidly, violent to the point that some people can't imagine......" Ji'er didn't wait for the explanation, and then turned her eyes to look at the price of the U.S. dollar index futures, which was already erected, It fell by more than 200 levels from 98.0120 and broke the $98 round mark in one fell swoop.
"Even if the gold soared two days ago, the fall of the dollar index futures, there is no such strength, this wave of short-selling funds, it seems to be beyond imagination, but also in the case of the main force of the multi-party, emerged, so if it continues, the ammunition of the main force of the multi-party may have to run out in advance." Harry, a white man, glanced at Zheng Fan and secretly pondered in his heart his intentions before the U.S. stock market opened.
(The second update will be sent.) )