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Chapter 291 Chapter 299 Si Xiance Lost 900 Million Dollars

Chapter 291 Chapter 299 Si Xiance Lost 900 Million Dollars

Looking at the time, it was only 7:[-] in the evening, and Lin Haocang returned to Yingda Securities Company immediately.

When he came to the VIP hall, Lin Haocang happened to see Si Xiance. There were leftover bread, lunch boxes, and bags on his trading table. It was obvious that he had been keeping an eye on the market today.

USD/JPY skyrocketed yesterday, Si Xiance seems to have resisted it, and did not liquidate his position like Cao Jing.

I don't know what's going on with the USD/JPY today?

Seeing Si Xiance's nervous expression, Lin Haocang knew that the trend of USD/JPY was not good for him!
I don't know if Si Xiance has resisted yesterday, and if he can resist today.

Today is December 12th, Friday, which is the last trading day of this week. If Si Xian's resistance passes today, maybe there will be a turning point next week.

After Lin Haocang looked at the trend chart of USD/JPY, a slight arc flashed at the corner of his mouth, and he walked over and asked, "Old Si, how is the situation?"

Si Xiance wiped the cold sweat off his forehead and said, "Oh, the situation is not good, tonight I might follow in Lao Cao's footsteps!"

"Lin Haocang, help me look at the trend chart of USD/JPY, will it go up tonight?"

Now USD/JPY is oscillating near the 90.20 position.

USD/JPY opened at 90.00 today. USD/JPY fell 50 points in Asian trading, from 90.00 to 89.50. However, after the start of European trading, USD/JPY rose another 70 points, from 89.50. Rise to 90.20 position!

The American market is about to open soon, and Si Xiance is very nervous and uneasy. He is afraid that the dollar/yen will skyrocket after the opening of the American market!

Now he holds a short position of 3000 lots of USD/JPY in his account, and the opening position is at 88.40. A fluctuation of one point is a profit and loss of 3 US dollars. Now he has a floating loss of 180 points, and a total floating loss of 540 million US dollars!
Thinking of this, Si Xiance felt a twinge of pain in his heart!
·
At this moment, Lin Haocang looked at the trend chart of USD/JPY, and said, "Boss, I don't know about this, you should decide for yourself!"

·
"Oh, I'll continue to fight. I've passed yesterday. As long as I fight today, the situation may be better next week!" Si Xiance sighed and said, "I don't know if I can survive tonight." Already!"

Now the net value in his account is 660 million US dollars, shorting 3000 lots of USD/JPY has cost 300 million US dollars in margin, and the available funds in the account are still 360 million US dollars!
Can also resist 120 points!

But now the USD/JPY is very strong, there is no guarantee that it will not rise sharply after the opening of the American session tonight!
Lin Haocang smiled faintly and said, "Good luck!" After speaking, Lin Haocang returned to his trading table.

Soon the American market opened, and USD/JPY failed to stand firm at the 90.20 position. After 5 minutes, it fell by 20 points and fell to the 90.00 position!

Si Xiance immediately became agitated, clutched his hands tightly, and stared at the screen!

"Let me continue to fall!"

"Fall!"

"Fall quickly!"

However, the trend of the market is not determined by his will, and the USD/JPY is supported at 90.00.

Lin Haocang watched this scene, so he started to build a position. Soon he established a long position of 2 USD/JPY. The average position of the position was 90.00, and a fluctuation of one point was a profit or loss of 2 US dollars.

Time passed slowly, and soon it was 8:[-].

An economic data was released.

Monthly rate of U.S. import price index in November

Previous value: 0.9%
Expected value: 0.8%
Published value: 1.7%
This data is bullish for USD/JPY!

Immediately, USD/JPY rose by 70 points!

From the 90.00 position to the 90.70 position!

A big Yang line appeared on the 5-minute trend chart!

Lin Haocang's account had a floating profit of 70 pips, and a total floating profit of 1400 million US dollars.

And the floating loss in Si Xiance's account has intensified. Now his account has a floating loss of 230 points, a total of 690 million US dollars. The net value of the account is 510 million US dollars, and the available funds in the account are 210 million. U.S. dollar, if the U.S. dollar/yen rises by another 70 pips, Si Xiance will be liquidated!
"Ugh!"

"Could it be that the sky is going to kill me?"

Si Xiance felt that half of his body was being bitten by a giant crocodile!
A deep sense of powerlessness filled his heart!

·
After the USD/JPY fluctuated at 90.70 for 15 minutes, it rose again, and this time it directly rushed up 30 points, rushing to the 91.00 position!

The floating loss in Si Xiance's account was as high as 260 points, and the total floating loss was 780 million US dollars. The net value of the account was 420 million US dollars, and the available funds in the account were 120 million US dollars left!

If the USD/JPY goes up another 40 pips, he'll be out!

At this moment, Si Xiance was so desperate, he felt that his whole body was bitten by a big crocodile, leaving only his brain to breathe.

It's over!

His face was pale, his whole body was soaked and trembling, his pupils were full of fear, and the sweat beads on his forehead fell on the ground in big ones, making a soft 'raindrop sound'.

He was praying in his heart: "Don't go up!"

"Please don't go up!"

·
Looking at Si Xiance's appearance, Lin Haocang knew that he was not far from liquidation, so he shook his head and rolled his eyes at the screen.

Now his account has a surplus of 2000 million U.S. dollars, and the net value of the account is as high as 1.2 million U.S. dollars.

·
Another hour passed, the main bears in the market were defeated again, the selling orders at 1 were cleared, and the USD/JPY rose again!
15 minutes later, USD/JPY rose 50 pips, from 91.00 to 91.50!

USD/JPY hit new highs again!

Counting today, USD/JPY has risen by 150 points!

It rose by 100 points the day before yesterday, by 200 points last night, and by 150 points again today!

Too strong!

Many investors in the VIP hall regretted it!

"Oh, I wish I had known I was backhanded long USD/JPY!"

"Oh, so am I. If I chase the rise, I will definitely earn millions of dollars!"

"Hateful, I closed my position too early, and I lost millions of dollars!"

·
But Si Xiance had already lost his soul. He stared at the ceiling in a daze with a lifeless face. His whole body was like a rotten tree, exuding a desolate aura!
His account was liquidated just now, and all the 3000 USD/JPY short positions in his account were forcibly liquidated, resulting in a loss of 900 million US dollars!
His heart was in excruciating pain, and his body's blood circulation seemed to have a problem, and his whole body turned red!

The loss of 900 million US dollars this time, plus the previous loss of 500 million US dollars, adds up to a total of 1400 million US dollars!

What is the concept of $1400?
Calculated according to the exchange rate, that is more than 1 million!
Si Xiance shed a few tears silently, the tears ran across his hot cheeks and evaporated in the middle.

This time he is completely screwed!

(End of this chapter)

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