Chapter 12 Increase the position again

In just five minutes, the price of gold plunged rapidly, falling below the shock range of $1,550 to $1,554 and falling to the price of 1,548.

"The opportunity to enter has finally come!"

Su Yu breathed out gently, sighed with a smile, and quickly placed the order without hesitation.

He added 0.5 short positions near the price of 1548 US dollars, and set the stop loss point at the lower edge of the previous shock range from 1550 to 1554 US dollars, that is, around 1551 US dollars.

The reason why the stop loss setting of this order is not large is that it is only 30 points away from the position where he opened the position.

This is because the price of gold has fallen below the previous shock platform and temporarily formed a new trend. 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 here is a "false breakthrough" short-selling behavior, then it is bound to quickly return to above the 1550 price and continue to break upward.

So, in this case.

Even if you increase the stop loss, it is useless. It will only substantially expand your losses due to wrong judgment.

After Su Yu placed the order, gold moved away from the early shock platform of 1550 to 1554 US dollars at a faster speed. In fifteen minutes, it fell directly to the price of around 1545.5 dollars, forming a real and effective impact on the early shock platform. Falling breakout trend.

Su Yu knows...

Since gold's downward breakthrough at this moment is an effective breakthrough.

Then, in the market, more short-term technical traders will enter the market on a large scale from the right side.

This also means that gold, which has no support near the price of 1545.5 US dollars, will most likely fall rapidly after a brief pause.

as expected.

After the first wave of decline knocked out many short-term bull stops, the price of gold fluctuated in the narrow space between 1545 and 1546.5 for less than 10 minutes before ushering in the second wave of violent decline.

This wave...

The price of gold directly broke through the price of $1,540 and did not stop until near $1,537.

"There is almost 150 points of room for decline." Su Yu stared at the time-sharing trend of gold starting to rebound rapidly at 1,537 US dollars, and said secretly, "While the market information is still calm, here... it is estimated that it will fall into a short-term bullish trend again. It’s a stalemate.”

The price range is from US$1,535 to US$1,500.

This is the real bottom area where gold has been oscillating for almost two years after hitting $1,920.

After several negative slumps in the early stage, the price of gold basically stopped falling and reversed in this area. Even last Thursday, when the Federal Reserve released a signal to the market to shift its monetary policy, gold fell sharply in response. Finally, it was also in this area. Within a day, after hitting the lowest level of $1,521, it ushered in a violent rebound.

It can be said that in this price area, there is accumulated bull power and potential market bull power.

Extremely powerful.

so……

According to Su Yu's inference, even if the overall macro situation of the market is negative, the price trend of gold is biased towards the negative side. The price of gold wants to really penetrate this area in a short period of time.

Without the cooperation of market trends, it would still be impossible.

Of course, nothing in the financial market is certain.

The bull power in this price range is very strong. On the other hand, when the macro trend of gold is bearish, this is also the best position to annihilate the bull power in the market.

In Su Yu's secret prediction, the price of gold rebounded even more rapidly, from a stage low near US$1,537 to quickly reaching US$1,540.

The trend of regaining lost ground in one fell swoop is a V-shaped reversal.

At this time, bullish comments outside the market and in major trading forums became active and intense again.

"After it rebounded, I knew that gold was in the range below $1,540 and it would definitely not fall too far."

"As expected, gold prices should go out of a V-shaped reversal in the second half of the night today. If you increase your position at this time, there is a high probability that you can leave the market with a profit."

"It looks like the price of gold is going back and consolidating after last Friday's violent rebound. The profitability of going long is indeed greater than going short."

"This is already the bottom range for two years. Regardless of short-term shocks, we are definitely bullish in the long term."

"The support between US$1,535 and US$1,500 is extremely strong. In the past two years, short sellers have tried many times to take advantage of the negative news, but have failed to break through this range. Now...the negative news has passed, and naturally it is even more impossible to go long gold. It’s definitely the right thing to do right now.”

“Last Thursday, gold fell sharply due to negative news, reaching the lowest price of 1,521 US dollars. Today, after gold fell below the narrow shock platform of 1,550 to 1,554, it did not even reach the bottom support upper edge of the general trend of 1,535 US dollars. It can be seen that , it is obviously a trend of tempting the short side to retreat.”

"That's true..."

"Looking at the time-sharing chart of gold, it seems that the price has fallen very fiercely, but if you zoom in on the trend, you can see that these two waves of decline are obviously short-selling."

"Stop talking, place a long order. This is an excellent opportunity to enter at the bottom."

Amid countless bullish discussions, the price trend of gold did not change as they expected in the second half of the night, that is, the second half of the North American trading session.

Instead, during the rebound, after hitting the price of $1,543, it continued to fall again.

At the close of North American trading time, it hit the lowest point of the day and closed at $1,527.6. On the daily chart, it showed a barefoot negative line spanning nearly 250 points.

When Su Yu woke up the next day, before the stock market opened, he was shocked to see the performance of gold in the last few trading hours last night.

"Unexpectedly, the trend of gold last night actually completely swallowed up the violent rebound of last Friday's positive line." Su Yu secretly said, "It seems... the trend of gold will be quite dangerous next, and short sellers will be in danger within a week. , approaching the $1,500 mark again, I’m afraid I will never miss this opportunity again.”

"It just so happens that at 7 o'clock on Friday night, there will be a speech by Draghi from the European Central Bank."

"Judging from the current economic recovery in Europe, there is a high probability that this speech will be the last straw for gold bulls."

Su Yu saw gold trending like this.

The premonition that gold will suffer an epic plunge in the near future cannot help but become stronger and stronger.

After the sharp drop in gold last night, the total funds in Su Yu's personal foreign exchange margin trading account have reached more than 5,700 US dollars, with a total of 1.3 gold short positions. Overnight, the new profit was more than 2,760 US dollars, which can be regarded as compensation. He got back the US$2,500 he withdrew yesterday, bringing the funds in his account to a new high. It also created more margin for him to use for operations in the subsequent evolution of the gold market, allowing him to maximize the profit if the subsequent market forecast is accurate. Maximize your profitability.

After taking a look at my account holdings and the sluggish trading status of gold during the Asian market.

Su Yu turned his attention back to the stock market.

After a night of fermentation, the concept stocks related to "mobile games" in the two cities have attracted great attention from market investors, and countless market funds are waiting for the opportunity.

At 9:15, the collective bidding begins.

Huaqingbao, Changqu Technology, Yaoji Technology, Meisheng Culture... more than a dozen core 'mobile game' concept stocks have all reached their daily limit.

Among them, Huaqingbao has closed orders at the daily limit, exceeding 300,000 lots.

Jumping past 9:20, the real call auction time began. Although the funds accumulated in "mobile game" related concept stocks have ebbed significantly.

However, the daily limit number of one-word boards still exceeds 5.

At 9:25, the call auction in the two cities ended. The Shanghai Stock Exchange Index and the Shenzhen Stock Exchange Index opened slightly lower, while the GEM opened 0.56% higher, significantly stronger than the main board.

At 9:30, the two cities officially started bidding transactions.

The media sector, to which most concept stocks of 'mobile games' belong, is a standout and is attracting funds crazily.

Among them, Hua Qingbao, which Su Yu is paying attention to, unsurprisingly stepped out of the shrinking market today, with a share price of 15.56 yuan and a total market value of 2.334 billion.

I saw Hua Qingbao hitting the daily limit in its related stock forums.

The number of comments praising this stock also began to increase rapidly, and the atmosphere and the number of posts were completely different from when Su Yu established a position on Monday.

Of course, in these hot vote-blowing posts.

There are also a large number of retail investors who were washed out by the main players yesterday and lost their chips.

Su Yu smiled when he looked at these remarks that were almost "hindsight". He logged into Liu Tianshui and took a look at his agent's account.

I saw that the total funds in his account had reached 991,000.

The million mark is just one step away.

According to the account position data, one share of the 63,000 Hua Qingbao shares he bought on April 8 remains untouched.

"This boss Liu is quite calm and calm." Su Yu stared at the account and thought to himself.

Huaqingbao's trend yesterday, the long negative cross line under extreme heavy volume, is difficult for retail investors who have already made substantial profits to restrain their 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 the psychological activities of his client Liu Tianshui yesterday, Liu Tianshui had already sent him a message: "Xiao Su, you are really amazing. Just grab it and you will find a super big bull stock. Within 4 trading days, , almost 50% profit, it’s like a dream.”

"Fortunately, I was too busy yesterday and had a full day of meetings, so I didn't have time to look at the market."

"Otherwise, I might not be calm about Hua Qingbao's trend yesterday."

"By the way, last night at dinner, a business partner and I were chatting about stocks and mentioned you. He also wanted to invest some money in the stock market."

"Xiao Su, are you free this Saturday? Let's have dinner together and I'll introduce you to each other!"

Su Yu thought about Liu Tianshui's words and knew that the other party was introducing the business to him with good intentions. He didn't care whether he had any intention of accepting the 'financial management on behalf of clients' order.

As long as the other party has good intentions, you should not reject it directly.

Moreover, Su Yu thought about it carefully and found that he had no foundation in any aspect in Yuhang at the moment. With the help of Liu Tianshui as a customer window, he could contact more people and make more connections. For his future development, that would be They are all beneficial and harmless.

So, I couldn't help but reply seriously: "I can't refuse Mr. Liu's kindness. I should have nothing to do on Saturday."

"Okay, I'll see you on Saturday." Liu Tianshui replied, then paused and continued, "Just go ahead and do your business, I won't disturb you anymore."

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. However, he saw that another core stock in the stock pool he had selected also had obvious changes.

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