Chapter 255: The Death of the Little Fund (3)
"What's going on?"
After the close, Cologne. Stason gathered the analysts together and eagerly asked, "Does anyone know anything or have they heard anything?" ”
"Nope!"
Naturally, everyone shook their heads.
"Judging from today's market and the number of intraday buying and selling lots, this seems to be an oppressive act of the main force of the bears!"
Jack. Mullen thought for a while, and then said tentatively, "My opinion is that some bears may not be able to support the rise in gold prices, or they may have received some news, so they took the lead in suppressing gold prices in the market and took the opportunity to ship." ”
"For now, this is the most likely. Because there is no support from the news side, it is rare for such a level of trading to occur for no reason, but other cases are not ruled out. For us, this situation increases the risk of our positions, so I recommend reducing leverage and positioning, and not getting involved easily until the main force is exhausted. ”
The sad thing about small funds is that they can only watch from the sidelines when the main market force does not distinguish the winner or loser. Because they are different in size from smaller institutions or even individuals, but also different from the main players who can influence the market, they can only operate by betting in many cases.
Hearing his analysis, everyone naturally nodded yes.
"Maybe it's the main force that is interfering with the line of sight!"
Naturally, Williams. Roger stepped up again and retorted loudly, "As I analyzed two days ago, they didn't absorb enough chips that they were happy with, so now they are starting to jump out and make waves." The purpose is to disrupt the market and make other participants feel scared, so as to throw away their long orders. In this way, on the one hand, they suppress the price of gold, and on the other hand, they secretly absorb long orders at a low level, so that they will not be discovered by the market, and can achieve their goals. ”
"I judge that this market will continue for a few more days until they have fully achieved their goals. In order to take advantage of the news from the outside to pull up the price of gold, this is exactly the same as I expected, but what I didn't expect was that they would be such a big deal as soon as they came up. This is not a conspiracy, but a naked conspiracy! ”
"As long as we can survive this time, the future benefits will be incalculable!"
Williams. Roger excitedly said, "Leverage can be reduced, because we don't know exactly how far these guys are going to push the price of gold, but we can still flexibly reduce our positions." Therefore, the position is still based on wait-and-see for the time being. ”
"So you're on the same page?"
Cologne. Stitchon pointed at the two of them and asked, "At least there was an agreement on reducing the leverage?" ”
Jack. Mullen and Williams. Roger glanced at each other, then turned his head away, but didn't speak. Obviously, the argument in the first two days made both of them feel a little knotted.
"Okay, then let's decide, let's reduce the leverage first. Continue to observe according to the changes in the market! ”
Now that a preliminary agreement has been reached, Cologne. Stetson snapped his hands happily. It was decided to continue to observe on the premise of reducing leverage.
……
On January 21, the market continued to open.
Affected by yesterday's smashing, the main bulls were cautious at the beginning and did not come out easily, so at the time of the opening. Only $1113.1 was opened.
As yesterday, gold prices began to rise again with the help of small orders, but when it reached $1,117.9, it met resistance. The bearish main force has once again piled up a bunch of horrible to outrageous bears. Tell the smaller players in the market directly not to rush to $1,118 and above.
Gold prices fell sharply again.
Without the main force of the bulls, the price of gold began to decline rapidly, all the way to the $1110 position, before there were some sporadic takeovers, but still not large.
After a moment's pause, gold fell below $1,110 and into the 1,000 zone.
Just when everyone thought that there might be a big drop today, the market finally changed.
It seems to have touched their bottom line, and it seems that they can't get used to the unscrupulousness of the bears, and the bulls finally make a move. And as soon as he made a move, he made a big move, and directly piled up to 5,000 buy orders at the position of 1095, which was very provocative.
In yesterday's market, the bears piled up to 7,500 short orders at the peak, which is quite large and amazing. But in yesterday's battle, in the strangulation of bears and bulls, they opened at least 4,000 new positions, and so far there is no sign of closing this part of the position. In other words, yesterday the bears spent a lot of money, and now it's time to see how much money the bears still have.
Yes, the current bulls are betting on the amount of money in the bears.
Seeing that the bulls finally made a move, the market's sentiment was once again ignited. They have all seen the fierceness of the bears, except for the small bears who followed the right direction, other investors who bet on the wrong bet are all chilling from the bottom of their hearts, and now there is an opponent whose size and capital are almost the same as the other party, which makes them see hope.
So the followers appeared one after another, gathering towards both sides.
Within a few minutes, the armies of both sides were assembled, there was no temptation, no charge, and as soon as the thousands of troops and horses on both sides met, they rushed with all their strength and fought towards each other.
The trading volume was enlarged instantly, and hundreds of pending orders appeared frequently, but the next moment they disappeared without a trace, and a huge meat grinder was gradually forming, devouring pending orders from all directions. The transaction price has always been beating around 1095, and the competition between the two sides is fierce, almost reaching the point where every inch of land is contested.
It's a fight!
Fifteen minutes later, the two sides still did not decide the winner, and the gold price was still at 1095, but the volume had reached 50,000 lots, which accounted for almost one-sixth of the day's trading.
The market is always changing, and just when everyone thought that the battle would continue, the bulls suddenly disappeared and all pending orders were withdrawn. Suddenly, there were only a few small bulls left in the entire market to fight against the huge bears!
The sudden change overwhelmed investors. They didn't expect it to turn out to be like this, and the bulls gave up?
At this time, the power of the two sides changed, and the small bulls formed by the follower disk gathered about 400 buy orders on the fifth gear. On the bearish side, after intense attrition, they still have about 1,200 sell orders.
There is a huge disparity in strength between the two sides.
Although it is not clear what the bulls are accusating, where will the bears let go of such an opportunity and immediately wave their troops straight in, just a charge. The dazed follow-up plate was defeated.
Gold prices fell again.
1094、1093、1092……
It was not until 1090 that the main force of the bulls reappeared.
"Clear?"
When the main force of the bulls reappeared, many investors understood.
The so-called "clearance" is to use their own appeal to gather the market's followers, but at a critical time, they will be pushed out as cannon fodder, and when these followers are finished, the main force will appear again.
This move is very vicious, and the main force used this trick. A big reason is to consume the amount of money of the other party. Of course, the disadvantage is that you may lose the trust of the follower.
Of course, in this case, part of the follower will also run to the opponent's side, forming a situation where one loses the other's strengths.
This situation is also within the consideration of the bulls, of course, this must be established in the case that it can still eat the main force of the bears after losing the help of the follower. Otherwise, the trick of "clearing the field" is almost equivalent to suicide.
Of course. There are also followers who are aware of this, after being deceived. will continue to follow the bulls, that is, I firmly believe in this.
After seeing the appearance of the main bulls, the main bears seem to realize this and begin to hold back. However, the bears' followers did not have so many concerns, and with a shout, they once again frantically rushed towards the defense line built by the bulls.
It's a pity, though. Although they are high-spirited, in front of the main force of the bulls who have been prepared for a long time, they can only end up with a broken bone. They just knocked the price down to 1089.5 and could no longer shake the bulls' defenses.
The main force of the bears is stagnant, but the main force of the bulls does not care so much. Before settling his position, he began to try to attack upward. They know very well that as long as they can maintain this momentum, forgetful followers will soon swarm in.
The market does not talk about benevolence and righteousness, but only about interests.
It seems that they are afraid of the bulls' money and conspiracy, and the bears rarely do not put up much resistance, and do not even build a decent line of defense at the 1110 level. As a result, the bulls are overwhelmed and reap most of the lost ground in one fell swoop.
Finally, it came to the $1110 position again.
Naturally, the bears will not easily cede this position, and the bulls, having gathered the sentiment of the market, begin to become confident. Below, they gradually formed buy orders of about 5,000 lots, ready to rush upward.
The bears also gradually gathered about 4,000 sell orders, "showing muscles" to the market and showing strength. However, discerning people have found that the scale of the bears is completely incomparable with yesterday's magnificence.
The second battle between the two sides also did not have any warning, without any temptation, and they began to fight directly face to face.
Today's second trading volume is enlarged, and the transaction price is the second time there is a crazy jump between the two price levels. This time, there were dozens, hundreds, or even thousands of pending orders. Comparable to the last fight, as long as the pending order with a small number of hands appears, it will disappear without a trace at the next moment, and hundreds of hands can only support about half a minute, and thousands of pending orders only support about five minutes.
The two sides have invested a lot of money, vowing to split the life and death, because this determines today's trend.
Five, ten, fifteen minutes......
Half an hour later, the frenzied battle between the two sides finally determined a probable victory. The reason why we say probably, because the winner cannot be considered a victory, and the losing side is not considered a complete defeat.
The bears lost, as if they were not backing up, and as if they were deliberately backing down, in short, they began to gradually move their line upwards, giving up the $1,110 position.
Although the bulls have won, the main force of the bulls seems to have lost too much, and there has been no large-scale buy order for a long time, so although the market has turned and the followers have begun to gather on the bulls, they have not achieved much results later.
In the end, the price of gold was fixed at $1,104.2. After experiencing the fierce battle at the 1110 position, the bears chose to back down, but did not back down too much, because the bulls were unable to fight again, so they rebounded a few dollars, and the tone of the market was set all day.
It fell by $9.3 over the day, or 0.83%, and if you don't look at the tick line, it was an uneventful trading day. But all those who have experienced it know what is thrilling on the board today.
……
"Isn't it interesting that we play left hand for right hand like this?"
After the market closed, Jiang Shan scratched his head and said to Zhong Shi a little speechlessly, "We created such a scene on the board, and as a result, most of the transactions were our own positions, which ......"
He shook his head, not knowing what to say for a long time.
Obviously, he doesn't really agree with this way of working.
"That's it, let them know that the bears are already at the end of the crossbow!"
Zhong Shi disagreed with Jiang Shan's reaction, "If we simply absorb chips in the market, it will inevitably attract the attention of people with intentions." Create such a market, and if there is such a bear, everyone may think of encirclement and suppression. But in fact, both bulls and bears are illusions, and this is just to stimulate trading volume and allow us to better absorb chips. I believe that if we can't get past today, all kinds of bulls, ghosts, snakes and gods will jump out! (To be continued.) )