City: No One Understands Finance Better Than Me
Chapter 149 Major benefits, net worth skyrocketing!
After Chu Ge went out and poured a cup of coffee, he went back to the study and focused his eyes on the computer screen in front of him.
Chu Ge found that in the few minutes he was out for a cup of coffee, EUR/USD fell again by five pips, now at 1.2500 versus 1.2501.
And this also means that Chu Ge's last account of 364 million U.S. dollars has lost its floating profit, and not only has the floating profit disappeared, but he still has a floating loss of more than 90 million U.S. dollars in his current account.
But seeing this situation, Chu Ge showed a happy expression on his face, he knew that the opportunity he had been waiting for had come.
Without any hesitation, Chu Ge began to put the last 400,000 positions in his account into the EUR/USD plate in batches, and soon Chu Ge put all his funds into a long position of 9.5 million lots, All entered.
After the remaining hundreds of thousands of positions were fully entered, Chu Ge glanced at the EUR/USD trend chart in his mind and found that there was no difference from before, and he immediately felt relieved.
For Chu Ge, he has done everything he can do. Although it is not the best treatment, it is still excellent. The impact on the market has not been too significant, and the average position of opening positions is also close to the lowest position. Down is waiting for the EUR/USD to bear fruit!
420 At the same time, when Chu Ge opened long positions in batches, Morris felt more and more that something was not right, although the EUR/USD was under their pressure and went all the way according to their script, and now it has reached the 1.2500 position .
And in just over half an hour, he has turned the floating loss of 200 million US dollars in the account into a floating profit of 130 million US dollars, although the position he currently owns has changed from nearly one billion US dollars to nearly two A billion dollars, a little deeper into the EUR/USD market, but it's worth it.
After all, in just half an hour, he made a net profit of more than 300 million US dollars.
Next, as long as the two billion US dollars are slowly closed, their operation will be perfect.
Although the entire office and even Cross had a look of joy on his face, Morris only felt that something was wrong.
It's like, they won too easily.
Although there is some resistance on the short side, the resistance is a little small. As far as he knows, there are a lot of capital involved in the European side. How could they be so easily allowed to press the EUR/USD down by 20%? point.
But thinking of yesterday's slump, Morris can also attribute this to the fact that his opponent is too weak.
However, what Morris did not notice is that today is the time for the European quarterly GDP report.
European Quarterly GDP Annual Report!
Forecast: 1.8% (result of an independent survey of expectations by international financial institutions on European quarterly GDP annual rates)
Previous value: 1.8% (annual rate of euro area GDP published last quarter)
Current value / published value: 2.3% (latest annual rate of euro area GDP published)!
#17!
Great news!
"boss"
Morris just picked up the coffee on the table and was about to take a sip, when he heard a shout from outside, and he was keenly aware that something was wrong.
Then, before he could realize what was going on, the numbers on the computer screen in front of him jumped, giving him the urge to smash the computer in front of him!
Ten million buys!
In the euro/dollar market, nearly ten million buying orders suddenly emerged, all of which were placed at the 1.2500 position.
Then, before Morris could understand what was going on, he saw a huge Yang Xian appear. The length of this Yang Xian represented at least ten million levels.
Then, the scene that broke Morris's heart also broke the hearts of many bears.
skyrocket!
EUR/USD suddenly jumped 50 points from the 1.2500 position and came to the 1.2550 position!
what the hell!
Morris saw that his account immediately changed from a profit of 130 million US dollars to a loss of more than 800 million US dollars. At this moment, Morris felt that the veins in his head were about to burst.
Ding!
A news feed alert sound woke (caeh) Morris, he hurriedly clicked on the feed, and saw the brightly enlarged and bolded word Lido.
nice!
Chu Ge was swiping the news on his mobile phone, and when he looked up, he suddenly found that his account had already floated, and it was still a full 49 points, a total of 4.65 billion US dollars!
Chu Ge quickly put down his phone, looked at the EUR/USD plate on the computer, and found that the price of EUR/USD had gone from 1.2500 to 1.2501 a few minutes ago to 1.2550 to 1.2570!
Nima, the long price is 20 points higher than the current price.
What does this mean? It means that there are at least tens of billions of dollars in funds now rushing towards the EUR/USD plate.
And these funds are all firmly optimistic about the rise of EUR/USD!
"Boss, what should we do?" Citibank headquarters, a trader looked at Morris and said with some fear.
"Cross, what do you think?" Morris fought back his anger and tried to calm his emotions.
"I think, lock the warehouse," Cross said helplessly.
"Locked?" Morris looked at Cross.
"Boss, although we are locking up our positions now, we just admit our losses, but it will take a long time to come." Cross knows that Morris is in a bad mood. "I believe time will prove that we are right, but the current situation is like this. Locking up positions is our best choice. !
Having worked with Morris for so many years, he knows very well that it is difficult for Morris to accept failure, but in order to avoid greater losses, he can only bite the bullet and suggest locking up positions.
As time passed by, Morris saw that his account lost tens of millions of dollars again. He turned around and walked to the office with a blank face and left a sentence, "Then lock the position first! 55
After getting Morris's nod, Cross breathed a sigh of relief and immediately ordered several traders to lock the positions.
As Morris and the major bears chose to lock their positions one after another, for a time in the EUR/USD market, the bulls had no opponents, and no one could cause them any trouble.
And this kind of opportunity, not only the main bulls, but also those small capital investors will not give up such an opportunity.
Two hundred thousand, five hundred thousand, one million!
The trading volume is increasing wildly, with millions of long funds entering the EUR/USD market almost every minute, and under this enthusiasm, the price of EUR/USD has also been surging sharply.
Soon, the price of EUR/USD surged from 1.2550 to 1.2599 against 1.2600 again.
And although there are more than 3 million super large orders at the 1.2600 position pressing the price of EUR/USD, but seeing such a huge trading volume in the market, many retail investors still do not hesitate to hang countless at the 1.2599 position. Buy!
Soon the buying orders at the 1.2599 position exceeded one million, and retail investors also discovered that these three million super large orders seem to be nothing!
Break it!
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