City: No One Understands Finance Better Than Me
Chapter 148 The game of long and short giants!
1.2518x1.2520!
Seeing the numbers on the computer, Chu Ge did not expect the feedback from the market to him, which was better than he expected.
He thought it would be nice for EUR/USD to gain five pips while he was sleeping, after all, there had just been a bearish EUR/USD news.
Unexpectedly, the market's enthusiasm for long EUR/USD is so high.
Judging from the selling price of 1.2518, Chu Ge's account net profit has reached 1.55 billion US dollars by seventeen points, and the total amount of funds in his account has exceeded the 10 billion US dollar mark for the first time.
It can be said that this wave of entry Chu Ge has made a lot of money, but he will not only be satisfied with the pure profit of these dozen points.
Next, it's dinner!
Citibank Headquarters!
Morris is not in a good mood now, but it's not his fault. After all, no matter who wakes up and finds that he has a large amount of profit in his account and withdraws most of it at once, his mood will not be beautiful.
"Where's Cross, let him come to my office," Morris said with a gloomy face to his secretary on the office phone.
Just as Morris was speaking to his secretary, EUR/USD gained another two points to 1.2520 versus 1.2522.
Seeing another $20 million loss in his account, Morris' anger in his eyes became even stronger.
In the more than 20 days since Chu Ge last made EUR/USD, Morris has been shipping, and until now, he has successively harvested several hundred million dollars of pure profit.
And it's not just him, almost all the main players are like this. Only through repeated waves of market prices can they clear all their positions.
After all, they are not Chu Ge, they cannot accurately predict the trend of EUR/USD, even if they are the main force, it is impossible to make the market obey them completely, and there are still bears who are eyeing them. In order to maximize profits, the action has been He didn't dare to be too bold, which also led to his current account with a position of nearly one billion US dollars.
And it is the position of nearly one billion US dollars, which caused him to wake up and lose nearly two hundred million US dollars. Although overall, he has been shorting the euro for several months, and still has huge profits.
Especially yesterday, after the slump, he made a full profit of more than one billion US dollars, and this is only the profit of Citibank.
However, Morris's character has decided that he will not be such a person who is willing to leave the field.
Since he was bitten by the bullish counter-attack of EUR/USD, he has to find the ground.
"Mr. Morris, Mr. Cross is here~" With the voice of the secretary, Cross came in from outside the office.
"What do you think of this wave, Cross?" Morris asked without looking up, staring at the computer screen.
"It's just a short-term rebound, I don't think it's a big problem," Cross said.
"Short-term rebound" Morris raised his head and looked at Cross and said viciously, "But this damn short-term rebound has cost me nearly $200 million! 55
"Then what do you want to do, whether to lock the position or increase the position to short the euro/dollar, after all, there is indeed some bad news just now." Cross looked at the furious Morris without fear, he knew very well at this moment Morris's expression was aimed at the Europeans who had cost him so much, not at Cross.
"Let's add 50,000 hands first and see how these Europeans respond," Morris said with a gloomy face.
Although not increasing the position means that the loss will not be more, but with Morris' strong character, he certainly will not choose to be beaten passively, and it is Morris who finds an opportunity to fight back.
After Morris increased his position and shorted the euro/dollar, Joseph just got a report from a good friend at the headquarters of the Gao Lu Fund in the French Republic in Europe on the other side of the world.
After opening the report on the computer, Joseph immediately found the numbers that interested him the most. After seeing these numbers, Joseph showed a knowing smile on his face.
At the same time, a trader said loudly, "Boss, the guy on the short side has moved again. Are we going to continue to take this wave of short orders and then raise the price of EUR/USD?"
Obviously, the movement on the short side mentioned by the trader is the 50,000-hand short order that Morris just threw, and although for the EUR/USD market as a whole, these 50,000 hands are nothing at all, but because of these few The trading volume of EUR/USD has decreased in minutes, so the 50,000-hand empty order fell at one time, which still has some impact on the market.
Joseph looked at the report on the computer, lowered his head and thought for a while, then he went out and said to all the traders, "Don't do it for now."
"Why boss, the euro/dollar started to fight back," said the trader, pointing at the computer screen.
It turned out that after Morris' tentative 50,000 hands were thrown into the EUR/USD plate, because he did not wait for the expected suppression, Morris became more courageous.
Just when Joseph was thinking, another 200,000-hand short order was thrown out by Morris, which directly caused the entire EUR/USD price to go down by seven points.
""`From now on, we will no longer strongly suppress the bears to raise EUR/USD, but maintain a certain degree of resistance, but let EUR/USD drop to around 1.2500. In the process, we will try to open positions at the lowest position "Joseph looked back at the direction of the office, thought of the numbers in that report, and couldn't help but say with a smile.
After Joseph made a non-resistance instruction, many large European capitals made similar decisions at the same time.
The main bears are killing the Quartet in the euro/dollar, while the main bulls have acted as a tortoise, which has also led to the sudden change of the wind in the entire euro/dollar market.
Under the operation of Morris, after the price of EUR/USD fell by seven points in a row, many small funds and retail investors also followed suit, wanting to take advantage of the time when the bulls gave up their resistance. soup.
In this case, the price of EUR/USD has been falling back from the highest position of 1.2522, and in just over half an hour, it has been pulled back to the position of 1.2505 again.
At this time, the original net profit of 1.55 billion US dollars in Chu Ge's account has been shrinking to only 364 million US dollars.
In just half an hour, Chu Ge lost nearly 1.2 billion US dollars.
But seeing this situation appear, Chu Ge not only did not show any frustrated expression on his face, but showed excitement in his eyes.
The reason for this is that Chu Ge is very clear about what this wave of correction means, which means that the main bulls are preparing for the last wave before pulling up, and they are gathering strength by sweeping goods at low prices.
It is clear to Chu Ge, who has God's perspective, what awaits EUR/USD next.
rise!
And yes, skyrocketing!
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