I just want to enjoy life

Chapter 517

Hu Xiaowei walked back and forth in the trading room to release the depression and tension in his heart.

He held his left hand tightly, with a sullen face, lowered his head, and looked at the screen from time to time.

At this time, a trader asked anxiously: "Manager, what should we do now?" Now that the euro/yen has fallen below one support position after another, the bulls in the market have almost collapsed today. It has fallen by 180 points, which is really unimaginable.

Now their account has a floating loss as high as 16.8 billion US dollars. It's scary to think about it. He doesn't know what to do. Seeing that the manager Hu Xiaowei hasn't made a decision yet, he is also very anxious.

In the end is to stop the loss, or continue to resist?
Another old trader asked anxiously: "Manager, the current trend of EUR/JPY is becoming more and more unfavorable to us. Do we want to stop the loss?"

Now the bulls in the market are almost defeated and can’t resist the attack of the shorts at all. At present, they all have a floating loss of 210 points in their accounts, with a total floating loss of 16.8 billion US dollars, and the euro/yen is still so weak. If the euro/yen If the yen continues to plummet, the loss in the account will exceed 20 billion U.S. dollars every minute, which is terrifying to think about.

He felt that they must have done something wrong this time, because the direction of the market was completely contrary to their original ideas.

Now it is undoubtedly the most rational choice to bear the pain and stop the loss, and survive with a broken arm.

Listening to the old trader's words, Hu Xiaowei fell into deep thought again. He pressed his fingers hard on his temples, struggling more and more in his heart, as if ice and fire met...
At this time, EUR/JPY dropped another 10 points, from 125.40 to 125.30!

Hu Xiaowei panicked even more!
At this time, another trader said: "Manager, the position of 125.30 is the support position formed by the 10 moving average in the daily chart. There should be support here! After all, EUR/JPY has fallen by 260 points since yesterday. There must be a large number of longs gathered around the 125.30 position, if the shorts in the market do not break through this position, they may retreat, and the euro/yen may rise again by then!"

The support area formed by the 125.30 moving average in the daily chart at 10 should have strong support. If the bears retreat, the EUR/JPY will be completely supported.

"Well, indeed, it makes sense!" Hu Xiaowei looked at the daily chart of EUR/JPY on the computer screen. The position of 125.30 is the support position formed by the 10 moving average. This may really support EUR/JPY Woolen cloth!
The trader's words immediately aroused a lot of hope in Hu Xiaowei's heart, so he quickly said: "Continue to hold it!"

Time passed slowly, and EUR/JPY was indeed supported at 125.30.

···
At 8 o'clock in the evening, EUR/JPY rose by 70 points, from 125.30 to 126.00!

At this moment, in the office of the chairman of Sky Capital, Lin Haocang did not expect that the euro/yen rebounded and rose by 70 points. He shook his head and got up to pour a cup of coffee.

At this time, Mo Yayu's text message came again, "Hi, are you busy?"

'Are you busy? ', 'What are you doing' are all revealing your sense of need, Lin Haocang smiled slightly, and started chatting with Mo Yayu.

Mo Yayu is very curious about himself now, and likes to ask questions about this and that, so Lin Haocang naturally pretends to be X in a low-key way.

···
At this moment, Hu Xiaowei, a Symmetrical Investment Company, watched the EUR/JPY rush to 126.00. He was overjoyed and hopeful in his heart!

"Keep going up for me!"

"Shorts retreat!"

"The bulls are starting to fight back!"

·
Half an hour later, EUR/JPY was suppressed again. It failed to stand firm at 126.00 and fell another 50 points to 125.50. This made Hu Xiaowei feel disappointed again!
"Damn it, why are the bulls in the market so vulnerable!"

"hateful!"

····
Time passed slowly, and EUR/JPY has been moving in the range of 125.40 points from 125.60 to 20.

On the second day, April 4th, Thursday!

At 9 o'clock, Japan announced an economic data.

Japan's trade account in February··
After this data came out, EUR/JPY fell 125.60 points from 30 to 125.30!

Back to the 10 moving average again, EUR/JPY is currently very weak and it seems that it may fall below the 125.30 position at any time!

Hu Xiaowei looked at the trend chart of EUR/JPY with trepidation, feeling terrified in his heart. He knew that once EUR/JPY fell below 125.30, it was very likely to fall sharply!
"Hold on!"

"Be sure to hold on!"

"Give me back up!"

Hu Xiaowei clenched his fists tightly, clenched his teeth, and fixed his eyes on the trend chart of EUR/JPY!

Time passed by every minute and every second, and finally the euro/yen was supported at 125.30, and it rose 20 points back to 125.50!

Hu Xiaowei breathed a sigh of relief immediately, and looked at the time, it was already lunch time, so he hurried to have a lunch.

·
After the opening of the European market in the afternoon, the EUR/JPY started to fall again, and 10 minutes later, it fell back to the 125.30 position!

But EUR/JPY was supported here again, and Hu Xiaowei was still very nervous!
Time passed slowly, and at 6 o'clock in the evening, EUR/JPY finally fell below the 125.30 position, and 5 minutes later it fell 30 points to 125.00!

"No, no, no! How could this happen? Why are the bulls in the market so fragile?" Hu Xiaowei was terrified in his heart.

Now they have a floating loss of 250 pips in their account, and a total floating loss of 20 billion US dollars.

He regretted very much in his heart, hating himself for being stupid!
·
"Manager, what should we do now?"

"Manager, do you want to continue to resist?"

"Manager, EUR/JPY has fallen below the 10 moving average!"

·
The traders watched this scene in panic.

Now the floating loss in the account is as high as 20 billion U.S. dollars. It is unimaginable that such a large amount of money will be lost!
·
Hu Xiaowei sighed, and said: "Close the position!" Now that the euro/yen has fallen below the 125.30 position, there is almost no force that can stop it from falling. Now it is time to break your arms and survive!

"Yes, manager!" All the traders frantically began to close their positions!

EUR/JPY immediately began to plummet!
With their liquidation, EUR/JPY dropped 100 pips to 124.00!

The average closing position of the 80 lots of EUR/JPY in their account was 124.50, a loss of 300 pips, and a total loss of 24 billion US dollars!
The original $40 billion account now has $16 billion left.

What a loss!
The loss rate is as high as 60%!

Hu Xiaowei's heart was in great pain!
(End of this chapter)