Chapter six hundred and sixty-two decisive battle of pounds (twenty-eight)
The conversation came to an abrupt end.
Joti Sharman watched the pound exchange rate fall from the 2.0970 price point and instantly penetrated the 2.0960, 2.0950, and 2.0940 price point point point point, and was completely stunned.
The main bulls are on the pre-paid order defensive market on the pound exchange rate.
Starting from the highest point of 2.1000, it was completely penetrated in less than five minutes, causing the main long institutions, especially the Heda Fund headed by Joti Sharman, to passively get in a large amount of funds, and these investment funds are instantly lost.
"Sorry, Ms. Shaman." Bazel paused for a while and said, "It's not that I have the idea of stop loss closing, but that someone has already started doing this."
The selling price just now is not like the counterattack of the main bears.
It is more like a bullish main capital. Seeing that there is no hope of breaking through, it reacted and rushed forward in advance and closed its position with the market price.
"Does Mr. Bazel think he can escape by running away desperately?" Joti Shaman sneered, "No, that will only die faster and suffer more miserable losses."
"If you don't escape, you can only wait for death. 10% of the funds cannot be withdrawn." Bazer responded, "Ms. Shaman, that's the end!"
After saying that, Bazer wanted to hang up the phone. At this time, Joti Shaman suddenly cursed 'stupid' and then said anxiously: "If you don't pull some cues, you can only die together. The trend reverses. The more you fall, the bigger the bears will be, and the less bulls will take over. Do you understand?"
"Only one goes long and retreat."
"Attract more long funds to shore up, causing the pound exchange rate to fall slowly, so that it can only play at the lowest price."
Bazel gritted his teeth and said, "Ms. Shaman, there is no time. Now it is only an hour before the closing. After the closing, two days on the weekend, major investment institutions around the world will receive various negative news from the UK one after another. At that time, the Bank of England's expectation of a major interest rate cut will rise instantly. The Federal Reserve's interest rate cut will only increase the Bank of England's interest rate cut."
"This kind of conventional appearance idea is not suitable for now."
"You open your eyes and take a closer look, the trend has completely reversed on the market."
"At this moment, such a huge amount of long funds are all deposited on the market, and expectations change and negative news is the worst. Even if we don't escape, others will escape."
"After today's closing, in the short term, the pound exchange rate will not have any long sentiment or fundamental support."
"I advise you to give up any fantasy and cut your position as soon as possible, otherwise... until the next week, if the stampede situation occurs, the Heda Fund you are in charge will be completely finished."
After saying that, Bazel firmly hung up the phone.
At this moment, you should no longer have any illusions, fundamentals will be reversed, and if you fail to make a breakthrough, you should decisively retreat at all costs.
Now, major investment institutions around the world collect market information and intelligence collection.
There is still inconsistent perception of the sharp deterioration of the UK economy.
He can still play a time difference.
If this time difference passes, everyone's understanding and expectations are consistent, the pound exchange rate market will show a unilateral trend of short positions, and he can only continue to close the positions at the market price, and compete with other long main players and short positions that suppress the market, and compete with other large-scale bulls that are top-shouldered, which is not much to take over.
This is a situation that Bazer would never want to see.
"Randall, don't hesitate..." Bazel stared at the pound exchange rate that had dropped to 2.0933 and warned, "This last hour is the best time to cover the game. Once you miss it, the major players will compete to play in the future, and it will not be so easy to cover the game."
"clear!"
Randall gritted his teeth and began to increase the speed of closing the position.
It was discovered that the main bulls were fleeing. With the strong entry of the Bank of England, Su Yue had reversed the situation and gained market initiative. He hurriedly ordered the main shorts: "The main bulls must not be allowed to fill up and close positions so easily, and continue to push the shorts into the orders, so that the main bulls who want to appear at this moment can only continue to fill up and close positions at the market price, so that they can become the exchange rate force that is forced to suppress the pound, and make our position profit continue to expand."
The most difficult moment has been over.
Next, we will take advantage of the victory and continue to force the bulls and beat the dogs in the water.
It was less than an hour before the market closed.
Within this hour, taking advantage of the fact that the market's long sentiment has not completely collapsed, it is the best time for the main bulls to close their positions on a large scale. Su Yue must continue to follow up the orders within this hour, suppressing the pound exchange rate, consuming long-term takeovers, making it impossible for the main bulls to cover the positions safely and close their positions safely.
Only these main long institutions will be locked on the field.
After today, we can combine the changes in market fundamentals and expected changes to allow him to kill and ravage.
Thinking of this, Su Yue picked up the dedicated line connecting Miss Roy in New York and hurriedly said, "Miss Roy, can you help pick up Mr. Walker?"
"Walker..."
Roy paused and said, "Mr. Su, I can help convey any important things you have."
"The main bulls failed to break through. At this moment, the profits and closing positions are rising again. I think that at this time, we should make every effort to suppress the pound exchange rate, eat all the funds that are too long, and completely cut off all the long fantasies and ideas of the main bulls' long. "Su Yue said, "I hope that Mr. Walker can use all the influence of "New York City Milon" to convey all the negative information and research documents that I passed to you to you. It will immediately reveal all the public eye, attract the attention of all foreign exchange investors, let these off-market investors short and further suppress the pound exchange rate and curb the main bulls."
Europe and Asia are all late at night and cannot use their strength.
In the last hour of this late trading, if the bulls want to be completely desperate, lose all their resistance, and cannot make up for the market on a large scale, they have to start from New York, where the trading is fierce.
"We are already doing what Mr. Su said." Roy replied with a smile.
"Is that true?" Su Yue was a little surprised.
Roy continued: "About half an hour ago, when the main bulls were at their most aggressive approach, we were forced to give Mr. Su support due to instructions, so Mr. Walker could only use negative information to help from the outside of the field. At this moment... the information and documents you mentioned are spreading rapidly in the New York financial world."
"That's good!" Su Yue smiled.
The continued decline of the pound exchange rate market, coupled with the continuous spread of negative news, fermentation, the further down, the stronger the bear power will be.
In the future, even without the support of the Bank of England.
Relying on the remaining funds of China Capital and Barclays Bank, as well as the overall accounts of major funds, the funds that have been lost and lost, Su Yue is also confident that he will push the many main long institutions trapped in the market into the abyss, and will continue to be forced to fill up positions at the market price and fall into a stampede situation.
"Mr. Su..."
Feeling that Su Yue was about to hang up the phone, Roy called out and asked hurriedly: "Can you tell me how did you do the counterattack at the 2.1000 mark?"
Su Yue smiled and said, "It's very simple. The UK has an economic crisis. At this moment, who wants the pound exchange rate to depreciate the most?"
"You mean..." Roy was shocked.
The British economy is showing signs of rapid deterioration. At this moment, the Bank of England is indeed the one who most hopes for the exchange rate to depreciate.
But the Bank of England has many ways to suppress the pound exchange rate, and it is not necessary to take action at this critical moment. Roy was very curious about how Su Yue convinced the other party, but she also knew that this matter probably involved some private agreements and other things, and it is not suitable to continue asking more details.
"Roy..."
While Roy held the microphone and pondered, Walker had already returned, laughing: "The chairman has agreed to my investment strategy. All funds will sell short on all sides. It will definitely not make it easier for the 'Belide Capital Group' and Sarmana women who are deeply trapped in the pound exchange rate market."
Seeing Walker arrive, Roy naturally handed the microphone in his hand to Walker.
"Mr. Walker..." Su Yue had heard the movements from the other side and said with a smile, "Since you can invest large-scale incremental funds, please continue to help suppress the pound exchange rate. Don't give the main bulls on the market any chance to escape, and wait until the time for a big negative outbreak comes."
Walker nodded slightly and smiled, "This is natural."
After a brief chat, the two put down the microphone. Then, the other funds under the "New Zealand Milong" began to grab orders and seize the opportunity to chase the short.
Bad news, flying all over New York.
At the same time, more and more capital institutions have also begun to receive real information feedback from the market research department. Shocked, their views on the pound exchange rate have changed from long to short.
Over time...
On the market, there are more and more funds that follow the trend and short selling, and the main short sellers' suppression of the pound exchange rate is becoming more and more powerful.
After Bazel decisively began to close positions, large banking institutions such as Standard Chartered and HSBC that had learned the fundamentals first also followed suit.
This has led to further destruction of long sentiment on the pound market, and further increase in short sentiment.
20 minutes before the closing, Heda Fund, which saw that the pound exchange rate had fallen rapidly to below 2.0875, was about to sweep all the gains in one day, and was already in a loss state.
Jody Shaman knew that the general trend had completely passed and there was no possibility of turning the tables or closing the positions slowly.
Finally gritted his teeth and enabled Aisha to start violent closing of positions.
With her instructions, the orders of hundreds of millions of dollars of contract were cleared one by one, directly killing the already weak market that bulls took over at this moment.
The bears drove straight into the market here, and the pound exchange rate showed a straight plummeting state, leaping at 100 points, and instantly falling below 2.0775, further triggering large-scale stop loss trading.
At this point, the long-short situation reversed.
Chapter completed!