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Chapter 153 161 On the eve of the interest rate meeting, Greenwood Asset Management sold off

Chapter 153 161 On the eve of the interest rate meeting, Greenwood Asset Management sold off

Lin Haocang caught sight of Liu Jiadong and Wang Kunyu with a dejected look, and the corners of his mouth slightly raised. The two of them must have liquidated their positions during the rise of the pound/dollar just now, or their stop loss was swept away.

Lin Haocang estimated that the two lost at least US$80.

"These two old boys must have lost money today!"

"Fortunately, you are already stopping losses, otherwise, after the follow-up Bank of England meeting comes out, you will be skinned if you don't die!"

Thinking of this, Lin Haocang shook his head and smiled. Now GBP/USD has rushed to 1.6110. He holds a long position of 2000 lots of GBP/USD in his account. The position of opening a position is 1.6000. A fluctuation of one point is a profit or loss of 2 USD. The profit is 110 points, the total floating profit is 220 million US dollars, and the net value of the account is as high as 720 million US dollars!

He is looking forward to the next Bank of England meeting!
·
Song Qi and Lei Hanwen were much more excited than Lin Haocang at this moment, they were so excited that they jumped up from their seats.

"Excellent! The risk is worth it!"

"Haha, GBP/USD is really like a rocket! Have fun!"

They each hold a long position of 1000 lots of GBP/USD in their accounts. The opening position is at 1.6000. A fluctuation of one point is a profit and loss of 1 US dollars. Now the floating profit is 110 points, a total of 110 million US dollars!

Calculated according to the current exchange rate, the two earned 847 million in their accounts today!
Is this the rhythm of earning 1000 million in a single day?
At this time Song Qi asked: "Lao Lei, we have earned 110 million US dollars in our account now, do we want to close the position?"

Song Qi has completely turned over!
He made back all the money he lost in three liquidations, plus an extra $50.

His heart is so cool!
In a desperate situation, a gorgeous counterattack came!
You must know that he borrowed 60 US dollars from a friend before, and even mortgaged his luxury car!
Now it's finally over.

turned over.

·
Lei Hanwen thought for a while and said, "Old Song, why don't we make enough 1000 million to close the position?"

"Now I have earned 110 million US dollars, which is 847 million according to the exchange rate!"

"We only need to make another 153 million, which is 20 US dollars, and we will have a record of 1000 million today!"

"My God!"

"This will be the best record I have ever done in foreign exchange!"

"Five million!"

"Ha ha!"

"I've made 1000 million recently, but I haven't tried to make 1000 million in a single day yet!"

In the past 10 days or so, he has earned 50 U.S. dollars. Today, he has a floating profit of 110 million U.S. dollars, which is 160 million U.S. dollars. According to the exchange rate, it is already 1240 million U.S. dollars.

But he aspires to earn 1000 million today.

After all, the GBP/USD is so strong today, the bears have been retreating steadily, and the GBP/USD is very likely to rise further.

Thinking of this, Lei Hanwen continued: "Old Song, GBP/USD will definitely continue to rise sharply today, should we earn 1000 million in a single day before closing the position?"

·
When Song Qi heard this, his blood boiled immediately, and he immediately said, "Okay, let's earn him 1000 million today!"

"Okay, let's do it!" Lei Hanwen glanced at Lin Haocang again at this time, and found that Lin Haocang didn't seem to close his position, so he said: "I didn't expect that kid Lin Haocang to not close his position either, and now he has earned more than 200 million US dollars Come on!"

Song Qi let out a breath, and said angrily: "That kid, he is really the king of shit luck, let him be in my favor today!"

"That's right, that kid is greedy enough. He has made more than 200 million US dollars and still hasn't closed his position!" Lei Hanwen shook his head.

·
Time passed slowly, GBP/USD failed to stand firm at 1.6110, and soon fell by 10 points to 1.6100, and then oscillated there.

····
Lin Haocang then left the VIP hall and went to withdraw 10 in cash, leaving 90 in the bank card. After putting the cash in his bag, he drove to St. Paul Middle School to pick up Luo Xueqiong from school.

······
At 6 o'clock in the evening, it is getting closer to the time when the Bank of England announces interest rates!
GBP/USD trading volume has increased again.

In a small building not far from the Yingda Securities Company building, Greenwoods Asset Management (Greenwoods Asset Management), a global hedge fund with a capital of US$34 billion, is located.

A square-faced, wheat-skinned, cropped, masculine middle-aged man looked at the GBP/USD trend chart, exhaled, and said to the operator below: "There is still one hour to go to the UK." The central bank's interest rate meeting is here, and you are ready to throw away your long positions at any time!"

His name is Huang Chengkang, and he is the manager of Greenwood Asset Management Company!
At present, they hold 70 lots of long positions on GBP/USD in their accounts. The average opening position is at 1.5900. A fluctuation of one point is a profit and loss of 700 million US dollars. Now there is a floating profit of 200 points, a total of 14 billion US dollars!

The net value of the account has reached 48 billion US dollars.

This time Huang Chengkang's team seized the opportunity to go long on GBP/USD at a very low position these days, which can be described as a great success.

However, Huang Chengkang intends to throw away the 70 GBP/USD long positions in his account before the announcement of the Bank of England interest rate!
Because Huang Chengkang is not sure what the Bank of England is doing this time!
If the GBP/USD turns around tonight, if it falls by more than 200 points, they may lose money.

In this extremely uncertain market, Huang Chengkang intends to accept it as soon as it is good. After all, there is a floating profit of 14 billion US dollars in the account, but if he sells the 70 long positions of GBP/USD, it may make GBP/USD It fell a lot, so he has to find a good time.

Many traders said confidently and slowly: "Yes, Mr. Huang!"

·
Another 5 minutes passed, and the trend of GBP/USD was a little bit wrong. It might not be able to stand firmly at 1.6100.

·
"Yes!" So everyone started to close their positions, and kept selling long orders to the market.

The long position closing behavior is tantamount to shorting!

They have sold 20 long positions, which is equivalent to shorting 1.6100 short positions at 20.

The 20 long liquidation orders instantly consumed the buying orders at the 1.6100 position, and the already declining GBP/USD fell sharply.

It dropped 1 points in just 50 minute!

The car stopped after falling from the 1.6100 position to the 1.6050 position!

The market was buoyed for a while.

Huang Chengkang looked at this scene, his face darkened. He didn't expect the market to be so fragile now, so he sold 20 long orders, and GBP/USD fell by 50 points!

Immediately, Huang Chengkang shouted: "Stop selling!"

"We'll sell when the market gets stronger"

The market is very weak now. If the Bank of England interest rate meeting is negative for the pound/dollar, then the pound/dollar will inevitably plummet and it will be difficult for them to close their positions. Therefore, Huang Chengkang is more determined to find an opportunity before the Bank of England interest rate meeting comes out. The long position in the account is flattened.

"Yes, Mr. Huang" So everyone stopped selling.

····
Song Qi and Lei Hanwen stared at this scene dumbfounded, not knowing what happened, they were startled by this scene.

The profit of 1 US dollars was lost in one minute from the account, and the two were very angry and very unwilling!
Song Qi asked Lei Hanwen, "Old Lei, what's going on?"

"Damn, this GBP/USD is really abnormal, 1 US dollars will disappear in one minute, damn it!"

"My day, Cao!"

·
Lei Hanwen was also at a loss. Why did the pound/dollar suddenly drop by 50 points without any warning? What was going on, made his back feel chilly.

In the blink of an eye, there was no profit of 50 US dollars, which made him very sad and unwilling.

"I do not know either!"

"Is GBP/USD really his pervert!"

"Let's wait and see."

"Anyway, we still earn $50 in our account now."

The GBP/USD dropped 50 pips just now, which reduced the profit in their account by 50 US dollars, but their account still had a floating profit of 50 US dollars.

·
Song Qi said with a flustered expression, "Lao Lei, why don't we set a breakeven stop loss at 1.6000."

"If his GBP/USD falls below 1.6000, we will lose money!"

·
Upon hearing this, Lei Hanwen immediately said: "Old Song, you are right, we have set a breakeven stop loss at 1.6000!"

"We'll take a risk of 50 pips, and if GBP/USD rises to 1.6100 again, we'll close our positions."

Song Qi immediately nodded and said, "Okay!"

So the two set a breakeven stop loss at 1.6000, locking in that they would not lose money this time.

In this way, the GBP/USD falls to the 1.6000 position, and the 1000 GBP/USD long positions in their accounts will be automatically closed.

Because their opening positions are also at 1.6000, they will not lose money this time.

····
Time passed slowly. Huang Chengkang of Greenwood Asset Management Co., Ltd. looked at the trend of GBP/USD and it seemed that the trend of GBP/USD was getting stronger. It should be that many buyers flooded into the market, supporting GBP/USD.

Immediately, Huang Chengkang felt that the opportunity to continue to close the position came, so he ordered: "Continue to close the position, and close 10 long positions at a time."

"Yes, Mr. Huang." Then everyone began to close their positions.

Under the liquidation of these people, GBP/USD quickly fell below the 1.6050 position.

After 5 minutes it fell to 1.6025.

After another 15 minutes, GBP/USD fell directly to the 1.6000 position, and then fluctuated wildly here.

·
·
A trader said: "Mr. Huang, all positions have been closed!"

"Well..." Huang Chengkang saw that GBP/USD was dropped by 50 pips by his 50-hand long liquidation order. He felt quite normal, so he asked, "How much did you earn this time?"

The trader said: "Boss Huang, this time we closed positions on average at 1.6020, and made a total profit of 120 points, making a profit of 8.4 million US dollars."

"Well, very good" Huang Chengkang did not expect to close the position this time, reducing the profit by 5.6 million US dollars, but it is still good.

Finally flattened the position.

This time, it won 8.4 million US dollars, which is also a very good record.

After all, he is not sure about the interest rate meeting of the Bank of England this time, so he dare not gamble.

So he decisively closed the position and got the profit first.

Although they have a lot of money, there are still bigger funds in the market than them.

·
At this moment, Song Qi and Lei Hanwen were staring at the trend chart of GBP/USD in a daze.

I couldn't turn the corner in my mind for a while.

What the hell is going on?

How is it possible that GBP/USD fell back to 1.6000?
Just when the GBP/USD hit the 1.6000 position, it also triggered the breakeven stop loss set by the two at the 1.6000 position, and the 1000 GBP/USD long positions in their accounts were automatically closed.

Neither of them made any money today.

A profit of $110 million was wiped out in one fell swoop.

It was hard for the two of them to accept this fact!

Song Qi was heartbroken and said: "Why is this happening? Why did GBP/USD drop back to 1.6000?"

"what!!"

"A million dollars lost!"

"Yeah, Cao!"

·
Lei Hanwen was also extremely sad, and cursed: "Damn it, what's going on?"

"The profit of 100 million US dollars is gone like this!"

·
The two regret it very much now!

I really regret it!

I feel so stupid!
When GBP/USD was at 1.6110, their account had a floating surplus of 110 million US dollars. Why were they so greedy and did not close their positions!
Well now, GBP/USD fell back from 1.6110 to 1.6000, and the $110 million profit in their account was wiped out.

Song Qi and Lei Hanwen were the same as Liu Jiadong and Wang Kunyu before, spread out on the chair, staring at the computer screen with a numb expression, motionless!
(End of this chapter)

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