Chapter 12 Increasing Positions Again
In just five minutes, the price of gold quickly dived, falling through the oscillating range of $1,550 to $1,554 and sliding to the price level of 1,548.
"The opportunity to enter has finally come!"
Su Yu exhaled lightly, sighed with a smile, and quickly placed an order without hesitation.
Near the price of $1,548, he added a short position of 0.5 lots, and the stop loss point was set at the lower edge of the previous shock range of $1,550 to $1,554, that is, near $1,551.
The stop loss setting of this order is not large, and there is only 30 points of space from the position where he opened the position.
It is because the price of gold has fallen below the previous shock platform and temporarily formed a new trend, and there is no need to use 'small orders and large stop losses' to withstand the violent range fluctuations of gold before the trend is formed.
And......
If gold is a 'false breakout' here to lure bears, then it is bound to quickly return to above the 1550 level and continue to break upwards in the future.
So, in this case.
Even if you widen the stop loss, it is useless, and it will only substantially expand your losses under the error of judgment.
After Su Yu placed an order, gold at a faster speed, away from the early shock platform of 1550 to 1554 US dollars, fifteen minutes, fell directly to the price of 1545.5 US dollars, the early shock platform, formed a real and effective downward breakthrough trend.
Su Yu knew......
Since gold's downward breakthrough at the moment is an effective breakthrough.
Then, in the market, more short-term technical traders should enter the market from the right side on a large scale.
This also means that gold, which has no support near the $1545.5 level, will fall quickly after a short pause.
Sure enough.
After the first wave of decline knocked out many short-term long stops, gold prices fluctuated in a narrow space of 1545 to 1546.5 for less than 10 minutes before ushering in a second wave of violent decline.
This wave ......
The price of gold directly broke through the $1,540 level and did not stop until it was near $1,537.
"That's almost 150 points of downside." Su Yu stared at the time-sharing trend when gold began to rebound rapidly at $1,537, and said secretly, "When the market information is still calm, here...... It is estimated that it will fall into a short-term long-short stalemate again. ”
The price range is $1,535 to $1,500.
It is the real bottom area where gold has been oscillating for almost two years after hitting $1,920.
Even last Thursday, the Federal Reserve released a signal to the market to turn monetary policy, gold fell sharply, and finally in this area, the lowest touched $1521 after ushering in a violent rebound.
Suffice it to say, within this price range, there is a lot of bullish power piled up, as well as the potential market bullish power.
Extremely powerful.
So......
According to Su Yu's inference, even if the overall macro situation of the market, the price trend of gold is biased towards bearishness, and the price of gold wants to really break through this area in a short period of time.
Without the cooperation of the market wind, it is still unlikely.
Of course, financial markets, there is no such thing as certainty.
The bullish power in this price range is very strong, and conversely, in the case of gold's macro trend bearishness, this is also the best position to annihilate the bullish power in the market.
In Su Yu's secret prediction, the rebound in gold prices has become more rapid, from a stage low near $1,537 to a rapid rush to $1,540.
There is a V-shaped reversal trend to regain lost ground in one fell swoop.
At this time, the bullish remarks on the over-the-counter and major trading forums have also become active and fierce again.
"After rebounding, I knew that gold was in the range below $1,540, and it would definitely not fall deep."
"Not surprisingly, in the second half of the night today, gold prices should come out of the V-shaped reversal pattern, and at this time, there is a high probability that you will be able to make a profit and leave the market."
"It seems that the gold price is like a rebound after last Friday's violent rebound, and the profit side of being long is indeed greater than that of shorting."
"It's already a two-year bottom range, and regardless of the short-term shocks, the long-term is definitely bullish."
"The support of $1,535 to $1,500 is extremely strong, and for two years, the bears have tried many times with the help of bearishness, but they have not been able to break through this range, and now they ...... The bearish has passed, and it is naturally even more impossible, and it is certainly the most correct thing to do at present. ”
"Last Thursday, gold fell sharply under the bearish, the lowest touched the price of $1521, and today gold fell below the narrow shock platform of 1550 to 1554, and even the bottom support on the general trend of $1535 did not reach the upper edge, it can be seen that it is obviously a trend of luring the bear."
"That's true......"
"Judging from the time-sharing chart of gold, it seems to have fallen very fiercely, but if the trend is magnified, it can be seen that these two waves of decline are obvious short-luring markets."
"Needless to say, place an order to go long, this is an excellent opportunity to enter the bottom."
Amid the myriad of bullish discussions, gold's price action did not change as expected in the second half of the night, the second half of the North American trading session.
Instead, in the rally, after hitting the $1,543 level, it fell again continuously.
At the close of the North American trading session, it hit the lowest point of the day, closing at $1527.6, showing a barefoot black candlestick that spans nearly 250 points on the daily chart.
When Su Yu woke up the next day, before the stock market opened, he was also surprised to see the performance of gold in the last few trading hours of last night.
"Unexpectedly, gold's trend last night completely engulfed the violent rebound bullish line last Friday." Su Yu said secretly, "It seems...... Next, the trend of gold is quite dangerous, and the bears will approach the $1,500 mark again within a week, and I am afraid that they will never let go of this opportunity again. ”
"It just so happened that at 7 p.m. on Friday, there was a speech by Mario Draghi of the European Central Bank."
"Judging from the current situation of European economic recovery, this speech, with a high probability, will become the last straw that crushes gold bulls."
Su Yu saw that gold was moving like this.
The premonition that gold will suffer an epic plunge in the near future can't help but become stronger and stronger.
After the sharp fall in gold last night, Su Yu's personal foreign exchange margin trading account, its total funds, has come to more than 5,700 US dollars, a total of 1.3 hands of gold short orders, overnight, the new profit of more than 2,760 US dollars, is to make up for the 2,500 US dollars taken out yesterday, so that the account funds, a new high, but also for him in the subsequent evolution of the gold market, to create more margin available for operation, so that he can maximize his profitability in the case of accurate follow-up market prediction.
After taking a look at his account holdings, as well as gold's sluggish trading state in the Asian session.
Su Yu turned his attention back to the stock market.
After a night of fermentation, among the two cities, the concept stocks related to 'mobile games' have been highly concerned by market investors, and countless market funds have been waiting for opportunities.
At 9:15 a.m., the call auction began.
Huaqingbao, Changqu Technology, Yaoji Technology, Meisheng Culture...... More than a dozen core 'mobile game' concept stocks have risen to the limit.
Among them, Huaqingbao's daily limit is more than 300,000 lots.
After 9:20, the real call auction time began, although the funds piled up on the concept stocks related to 'mobile games' have ebbed sharply.
However, the number of one-word boards is still more than 5.
At 9:25, the call auction between the two cities ended, the Shanghai Composite Index and the Shenzhen Composite Index opened slightly lower, while the ChiNext opened 0.56% higher, significantly stronger than the main board.
At 9:30, the two cities officially began bidding transactions.
The media sector, to which most of the concept stocks of 'mobile games' belong, is a standout and attracts funds frantically.
Among them, Hua Qingbao, which Su Yu paid attention to, walked out of the shrinkage board without accident today, with a share price of 15.56 yuan and a total market value of 2.334 billion.
Seeing Hua Qingbao's one-word limit, in its related stock forum.
The rhetoric touting this stock has also begun to surge, and it is in full swing, and its atmosphere and the number of posts are completely different from when Su Yu opened a position on Monday.
Of course, in these hot posts.
There is also a large number of retail investors who were washed out of the main force yesterday and lost their chips.
Su Yu looked at these almost 'afterthought' vote-blowing remarks, smiled, and logged in to Liu Tianshui to take a look at the account he represented.
I saw that the total funds in his account had come to 991,000.
It's one step away from the million mark.
In the account position data, the 63,000 shares of Huaqingbao he bought on April 8 are still untouched.
"This Boss Liu is quite calm." Su Yu stared at the account and said secretly.
Hua Qingbao's trend yesterday, the long cross yin line under the extreme volume, for retail investors who already have a large profit, it is difficult to suppress the desire to take profits.
The other party can restrain this desire and try not to interfere with him.
In Su Yu's opinion, it is still rare.
Just when he was thinking about Liu Tianshui's psychological activities yesterday, Liu Tianshui had already sent him a message: "Xiao Su, you are really a god, just grab it, it is a super bull stock, 4 trading days, almost 50% of the profit, it's like a dream." ”
"Fortunately, I was too busy yesterday and had a one-day meeting, so I didn't have time to look at the market."
"Otherwise, I may not be calm about Hua Qingbao's trend yesterday."
"By the way, at dinner last night, I talked to a business partner about stocks, and I mentioned you, and he also wanted to invest some money in the stock market."
"Xiao Su, are you free this Saturday? Have a meal together, and I'll introduce you to each other! ”
Su Yu pondered Liu Tianshui's words, knowing that the other party was kindly introducing business to him, and he didn't care whether he had the intention of taking the 'valet financial management' list or not.
Under the kindness of the other party, it should not be directly refused.
Moreover, Su Yu thought about it carefully, he has no foundation in any aspect of Yuhang at the moment, with the help of Liu Tianshui, a customer window, to contact more people and make more contacts, for his future development, it is all beneficial and harmless.
So, I couldn't help but reply seriously: "Mr. Liu's hospitality, I naturally can't refuse, I should be fine on Saturday." ”
"Okay, we'll see you on Saturday then." Liu Tianshui replied, then paused, and continued, "You are busy, I won't bother you." ”
After the other party finished speaking, he went offline.
After the other party went offline, Su Yu closed the chat box, turned around, and continued to pay attention to the stock market, but saw that in the stock pool he selected, another core stock, also had obvious changes.
PS: For the new week, ask for a ticket, a recommended ticket, a monthly pass or something, you can do it!