Rebirth 2006, creating a super consortium

Looking at the Shanghai copper price chart in front of him, An Xin had no plans to conduct in-depth research.

In 2006, the Hua Xia futures market had too little say and influence, and the trends of most commodity futures followed those of the international market.

So I calmly switched the screen to the London copper which was currently on holiday, opened the historical trend chart of London copper, called up the K-line tool, and began to study it carefully.

Carefully studying the trend chart of London copper's straight decline from its high of $6400, An Xin soon discovered an interesting point.

He clearly observed that the huge K-line, which was driven by information and marked an extreme reversal, lured and killed most of the bulls with its trend of first suppressing and then rising, and did not continue to bottom out in one go.

Instead, it seemed as if the carnival rhythm was suddenly interrupted, and it began to sideways again near the $4000 price level, as if it had fallen into a state of long-short game again.

Something is wrong. Are there any stubborn bulls in the market right now? Aren’t most of them killed in one wave?

What circumstances will interrupt the downward trend?

An Xin stared at the strange K-line trend in front of him and fell into deep thought.

The Wall Street capital consortium led by Goldman Sachs is definitely not a good guy. After so much effort, they finally persuaded the industry giants to cooperate in the harvesting. Why did they suddenly stop? This is not in line with the harvesting style of Wall Street.

No, industry giant?

An Xin seemed to have grasped some idea. She immediately controlled the mouse to open the browser and entered Glencore's official website. After entering the official website, she directly searched for copper product trading information.

Soon, An Xin discovered some clues. The delivery date of Glencore's latest batch of copper spot is June 6, and the relevant delivery price will be traded based on the standard market price.

Today is June 6th, and the spot delivery date is tomorrow!

In order to confirm more information, Anxin continued to check the copper spot delivery deadlines of several other commodity trading giants.

There is not much difference. The delivery date of the latest batch of copper spot of these giants is either June 6 or June 28!

Seeing these confirmed information, An Xin finally understood why the price of London copper did not continue to fall, but instead started to move sideways at around US$4000.

This is a disagreement between the Wall Street consortium and industry giants!

One second you were happily harvesting bulls together, and the next you turned hostile and left!

After his thoughts became clear, Anxin began to think about the next trading strategy.

Should we stand on the side of Wall Street and continue to reap the rewards at the bottom?

Or should we stand on the side of industry giants, push up copper prices and reap more profits?

After quickly filtering some information in her mind, An Xin made a quick decision.

Definitely on the side of the industry giants!

In the past, the price of Shanghai copper rose to 7 yuan on July 14, which is equivalent to 85550 US dollars!

This result in the previous life shows that industry giants have obtained market pricing power!

Is Wall Street bound to lose?

Not necessarily!

Consortiums like Goldman Sachs and Morgan Stanley have no moral principles at all. If they can't defeat the enemy once, they will just join.

Make money, don’t be shabby!

Now that the decision had been made, An Xin did not hesitate and directly closed the information screen and switched to the Shanghai Copper market interface, preparing to start a new round of orders.

30015 yuan!

Wow, the price has dropped by more than 1000 again!

Converted into US dollars, it has fallen to US$3751.8!

The scariest thing is that it is still slowly falling...

An Xin stared at the current price of Shanghai copper in front of him, sighed inwardly, then directly controlled the mouse to drag the screen to the pending order page below and started the closing operation.

Closing price: 30000 yuan!

Closing position unit: 110 short orders!

Confirm to sell!

The pending order successfully entered the trading system, but it was not executed instantly. Instead, it was matched and executed one after another.

Looking at the pending orders that took nearly 2 minutes to be matched and executed, An Xin smiled helplessly.

It seems that Goldman Sachs' harvesting action this time has made investors in the market a little nervous and they dare not trade easily.

Fortunately, the deal was finally completed, which shows that the market is still somewhat vibrant and not stagnant.

An Xin shook her head and smiled, then manipulated the mouse to click on the transaction order settlement page. After successfully jumping to the page, she saw the final profit of this short transaction at a glance:

11275000 yuan!

1127 million yuan!

Looking at the final profit amount displayed on the screen, An Xin just smiled calmly, not as excited as before.

After all, for some things, it's enough to just make sure that they work, and then just keep going with determination.

Do you want to open a long order directly?

An Xin bowed his head and thought for a while, and did not choose to place an order immediately. Instead, he opened the London copper market page and the official website pages of major industry giants again, and then began to observe and verify again.

More than ten minutes later, after confirming again, Anxin controlled the mouse to close the information flow screen in front of him, chose to switch to the Shanghai Futures Exchange trading software, and then directly opened the trading user center. Clicking the trading balance option, he saw the current trading balance of this account:

12704312 yuan!

Stare at the number, then control the mouse to click on the withdrawal button. After the page jumps successfully, enter 200 million in the withdrawal amount and click confirm.

The page jumps to the payment card confirmation option. Click directly to confirm the bound ICBC card.

Soon, the page will show that the bank transfer is in progress. Please pay attention to the specific bank notification.

When Anxin saw this information, he went straight back to the Shanghai Copper Market page, took a look at the current Shanghai Copper price which was still trading sideways at around 30000 yuan, and then controlled the mouse to move down to the order placement page.

After taking a look at the transaction balance, he quickly calculated the maximum order size based on the current price and started placing orders directly.

Order price: RMB 30000

Number of pending orders: 1400 lots

Order direction: Buy (long)

Confirm the pending order!

After the pending order was confirmed, the principal of the order was only 1050 million yuan, and with an additional 20 times leverage, 2.1 long orders worth up to 1400 million yuan were transferred to the trading market.

About one minute after entering the trading market, this pending order was matched and executed one after another.

An Xin looked at the pending orders that had all been executed and grinned.

"Ding Dong"

The Nokia n72 on the desk suddenly rang with a text message notification.

Anxin picked up the n72, opened the text message page, and saw the transaction notification of the Industrial and Commercial Bank of China account at a glance:

【您尾号8888卡6月27日11:27收入（华信证券转账）2,000,000元，帐户余额2,011,138.8元】

It’s finally arrived in the account. With this money, I can go back to Shenzhen Stock Exchange to handle the relevant procedures for the Internet company!

An Xin looked at the ICBC text message with emotion, and then he noticed that it was almost 11:30, which was almost the closing time of the Shanghai Futures Exchange.

After thinking for a while, An Xin controlled the mouse to directly close the laptop, stood up and walked to the packed suitcase, opened the suitcase, took out a set of clothes that had been prepared long ago, and walked slowly to the bathroom. On the way, he greeted He Weidong: "Weidong, wait until I finish taking a shower, and then we will go out for dinner?"

He Weidong, who was lying on the bed reading a book, nodded and replied happily: "Got it, go take a shower."