Chapter 257: The Death of the Small Fund (5)

Williams himself was confused, and naturally he couldn't convince others, and in the end, the next strategy chosen by KS&JR was to increase his position.

And they were not wrong in their choice, and on February 1, the market really reversed.

As soon as the market opened on this day, perhaps the defeat of the bears became more and more obvious, or perhaps the bulls received more financial support, in short, as soon as the market opened, the bears put on a posture of sworn battle.

The price of gold was knocked down to $1,078 shortly after the open, but that was the lowest point of the day.

The bearish fox's posture was quickly recognized by the market, because with the fall in the price of gold, more and more buy orders gathered below, while sell orders gradually decreased, this unsustainable phenomenon is difficult to escape the eyes of those who care, and soon the market appeared one-sided.

The bulls began to exert force.

At the moment when the bears stopped, the bulls finally determined that the other party was at the end of the crossbow, and thousands of buy orders broke out at once, directly blowing the horn of the counterattack. This time, the market's sentiment was ignited again. The followers began to try to enter the market, but soon they found that this time the bulls were very confident, not only helping them to support the bottom, but also taking the initiative to rush to the forefront.

This reassures the followers.

On the other side, although the bears also organized a certain line of defense, they could only retreat under the fierce attack of the opponent. Later, when I saw that the situation was not right, I directly gave up all positions below $1,100.

At this moment, the market suddenly understood that the bears were really about to end!

Positions such as 1080, 1085, 1090, and 1095 were quickly recovered like a storm and clouds, so fast that people couldn't believe it. In these positions, the bears barely made any decent resistance, and just allowed the bulls to easily regain lost ground.

Finally, it came to the $1,100 mark.

It's clear to all. Around $1,100, the bears appeared out of thin air, which indicates that this level is very important for the bears. And the bears' abandonment of the previous price shows their determination to defend 1100.

Maybe that's the lifeline of the bears!

By the time of the advance, the bears have set up a line of defense of up to 5,000 hands in five gears above 1100, trying to stop the bulls from moving forward in this way. At least some of the followers should be scared away.

But the bulls ignored this and rushed in directly with the trend, without even a trace of hesitation. It was when they were in full swing that they didn't care at all about the bears' tricks, there was no pause, no temptation, and they directly entered the stage of fighting thousands of troops.

Hundreds or thousands of pending orders are thrown out, disappear quickly, and then cycle again. Again and again, the fight between the two sides seems to have no end, and the competition for the 1100 position has also attracted the attention of the entire market.

"We ......"

In the face of such a fight, Jack, who has been paying attention to the battle situation. Mullen was a little moved, but he didn't have the power to do more, so he turned to Koren next to him. Stitchon shouted, "Are you going to increase the leverage?" ”

The previous surge allowed KS&JR not only to erase the losses of the previous few trading days, but also to make them a profit of about $3 million. So far, though. Their positions are still at a safe level, but the current market situation has made it difficult for them to see Jack. Many people, including Mullen, are beginning to feel shaken.

It's not enough to add to your position. Also use leverage!

"Call the broker first and get them ready!"

In the face of such a market, Cologne. Stason remained calm enough, "It's not too late for us to make a decision after the two sides have decided the winner." ”

"Then it's too late!"

Jack. Maren shook his head secretly and muttered in his heart. But it was not spoken. He is well aware of the cautious nature of his boss, but he also knows that the reason why KS&JR has been able to survive in the turbulent gold market for a long time is not unrelated to his boss's style.

As he spoke, the market gradually divided the winners and losers.

The bears were defeated after all. Although it was not a complete defeat, they still chose to retreat, and after nearly an hour of fierce battle with the bulls, they had to abandon the $1100 position and move towards the 1105 position.

The price of gold returned to $1,100 again, and this news greatly boosted the confidence of bulls.

Despite the fact that it has risen by as much as $22, it is clear that this figure does not satisfy most of the bulls in the market, and now they are once again attacking the highs under the leadership of the bulls.

Half an hour later, the 1105 defense line built by the bears was lost again.

From the lowest of 1078 to the current 1105, it has risen by as much as $27. That is, a long position in this case netted $2,700, and 100 lots earned as much as $270,000.

This number has already satisfied many followers.

Sure enough, in the process of continuing to attack, when the gold price reached 1108, that is, when the gold income per hand reached $3,000, a large number of positions were closed without warning, and the momentum of the bulls was suddenly stagnant.

A few days ago, the main force of the bulls had sacrificed the follower, and the scene at that time was still vivid. Even in the whole process, they only had a maximum of 10 odd lots, and they earned a full 30,000 dollars. While the bulls are still on the offensive so far, who knows what's next?

Follow the trend plate and start betraying!

Naturally, it may be a bit too much to say betrayal, after all, there is no clear contractual relationship between the two parties, and in the first two days, the main bulls have also abandoned the follower, so it is impossible to say who is right and who is wrong at this point, but one thing is for sure, the closing of the follower has obviously disrupted the plan of the main bulls.

In order to maintain the momentum of the attack, they had to bite the bullet to take over the closing order of the follower, although the number of hands in a single follower is not very large, but the reason why the follower can become a major factor affecting the market is that they participate in a large number of people. And the main force of the bulls to take over the closing order of the follow-up market also means that they are taking over at a high level. Giving away a part of the profits to them also consumes a part of the capital.

With the closing order, more and more followers poured in and joined the ranks of closing positions. This can be seen as a test for the bulls, and the bulls are naturally aware of this. So they simply gave up continuing to attack, and turned to take over the liquidation of the follow-up market with all their might.

Seeing this, the bears naturally do not miss such an opportunity.

The bears who had built a defensive line at the 1110 position, as soon as they saw that the bulls were killing each other, immediately urgently withdrew the pending orders there, and then fiercely counterattacked the bulls at the 1108 position. This kind of opportunity is simply a godsend, and at the moment they quickly closed the following market, which formed a huge impact on the bulls.

To their disappointment, however, the bulls seem to have been prepared for this. Under the attack of the two forces, not only did not mess up, but also stubbornly resisted the counterattack of the two forces, and always maintained the gold price above the position of 1105. Despite some concessions, the bulls showed their strength.

"That's it for today!"

Jack. Mullen sighed and said helplessly, "It's not easy to hold 1105 basically, and I believe that the bulls won't attack anymore in the future." Today they have to use this way to win credit for the followers and prepare for the subsequent pull-up. They're paying off their old deeds! ”

"So tomorrow's trend?"

I don't know when, Cologne. Stason quietly walked over to Jack. Beside Ma Lun, he asked in a low voice, "Today's operation is really not good." But there's always a chance for remedy, isn't there? ”

He was depressed. Based on the current position of KS&JR, if you increase leverage from the lowest level today, you can properly earn more than $5 million in profits. But because of his caution, he missed the opportunity for such a swing rebound.

"If I'm right, I'll be on the move tomorrow with the help of the market. The bulls will still continue to attack, and the price of gold will still rise! ”

Jack. Mullen said confidently, "The bears have broken through the bottom line today, and in the event of a loss, they will inevitably carry out a crazy counterattack." On the bulls' side, today they have won the support of the followers, like a tiger with wings, and tomorrow there will inevitably be another large-scale fight. As long as the winner is decided, the future trend can basically be determined! ”

"Boss, if you believe me, you can increase your leverage now, and I believe it will definitely rise tomorrow!"

Jack. Mullen said demagoguously, "There may be a little decline the day after tomorrow, of course, this is most likely to be a profit-taking." But tomorrow it will inevitably rise, because the situation of encirclement and suppression has been formed, and it is basically a situation that will not end! ”

"Really?"

Cologne. Stexon thought about it and thought that Jack. Mullen makes a lot of sense. Based on his experience, he came to the conclusion that he was the same as Jack. Mullen comes to the same conclusion, but sometimes that's it, he can't overcome the shortcomings of his own character, and sometimes when he makes major decisions, he needs other people's opinions to convince him.

"Not bad!"

It was Jack who answered him. Mullen replied categorically.

"Good!"

At this very moment, Cologne. Stetson made up his mind.

KS&JR quickly made a move, because today's market is not over, and with the leverage of the broker, they added another 3,000 long positions before and after, so that their total position reached 8,000 lots, and all of them were bullish, without even a little hedging.

And the direction of the disc is indeed like Jack. As Mullen predicted, on February 2, the bulls and bears once again broke out into a fierce struggle, and with the full help of the followers, the bulls successfully repelled the almost desperate counterattack of the bears. Not only did it repel, but it also took the opportunity to attack a lot of prices. The price of gold rose another $13.1, or 1.18%. In two trading days, the price of gold has risen by $34.3, an increase of 3.10%.

Although it has not yet reached around 1135 when the bears began to wreak havoc, everything is going in a good direction for the bulls, and all they have to do is quietly watch how the bulls will crush this bears.

On February 3rd, some profit-taking orders began to close their positions, which was determined by the nature of followers. They tend to only care about the immediate loss, and they can only focus on this profit. Both bulls and bears need time to get more money and liquidate a part of their positions. In this case, the market was calm and fell by $6, or 0.54%, throughout the day.

Of course, it is clear to everyone that after several major wars, the two sides will definitely have to separate a complete victory. And with the gradual rise in gold prices, most people understand that the balance of victory and defeat has begun to tilt in favor of the bulls.

"Zhong Sheng, how can we absorb more long positions?"

After three days of operation, Jiangshan has clearly felt that the entire market is no longer under control, although the Tianyu Fund is still dominating the trend of the market, but all the forces in the market have poured in, among which there are many large institutions that have thousands of odd numbers, and these forces have gathered together, to a certain extent, they have been able to interfere with the intentions of the Tianyu Fund.

Zhong Shi didn't answer him, just looked at his phone silently, his mind obviously elsewhere. (To be continued.) )