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Chapter 516 523 With a net worth of 60 billion US dollars, falling into the abyss

Chapter 516 523 With a net worth of 60 billion US dollars, falling into the abyss
Hu Xiaowei just went to the bathroom. When he returned to the trading room, he saw a big negative line appearing on the 15-minute trend chart of EUR/JPY, and his expression changed drastically!
"This, this, how is this possible?"

During the time he went to eat breakfast and go to the bathroom, EUR/JPY plummeted 120 pips!

It fell from the 127.20 position to the 126.00 position!
There are heavy losses in their accounts!
Now they hold a long position of 80 lots of EUR/JPY in their account, with an average opening position of 127.50, and a fluctuation of one point is a profit and loss of 800 million US dollars. Now there is a floating loss of 150 points in the account, a total floating loss of 12 million dollars.

Hu Xiaowei's back was in cold sweat, and he was panicked.

"Hey, the situation seems to be getting worse and worse for me!"

"Should we stop the loss now?"

He is struggling in his heart, entangled
$12 billion is not a small amount.If the stop loss is closed now, the EUR/JPY will fall further, and they may lose about 15 billion US dollars.

At this moment, the traders in the trading room were extremely nervous looking at Hu Xiaowei!
Some people want to stop the loss, but some people want to continue to fight.

They waited for Hu Xiaowei to speak.

Hu Xiaowei walked back and forth for a few steps and said, "Continue to hold it!"

He still plans to resist for a while!
After all, a Japanese economic data was released just now. This economic data is very good. It is bullish for the yen and bearish for the euro/yen, which caused the short sellers in the market to attack wildly, causing the euro/yen to fall by 120 points, but it was also at 126.00. Supported.

It depends on how strong the support here is at the 126.00 position, and whether it can hold this mark!

Hu Xiaowei also thinks that there will be a lot of bulls who are on the sidelines to enter the market to buy the bottom. Once the EUR/JPY is supported at 126.00, the short-term short sellers in the market will also leave the market at a profit. EUR/JPY is still going up.

"Yes, manager!" Now that Hu Xiaowei had spoken, the traders didn't say much.

Time passed slowly, and the euro/yen was indeed supported at 126.00. At 10:20, the euro/yen rose by 126.00 points, from 126.20 to [-].

The account is still floating
This gave Hu Xiaowei a lot of hope in his heart, and he wanted to continue to resist more and more. .
As long as the resistance continues, the EUR/JPY will definitely rise back above the 127.00 position again.

Time passed slowly, and by 12 o'clock in the afternoon, EUR/JPY fell again and returned to the 126.00 position!

"Hiss! Hoo..." Hu Xiaowei became very nervous again.

"Hold on, hold on!"

"Be sure to hold on!"

···
Although it was lunch time, Hu Xiaowei didn't even have the appetite to eat.

·
At this moment in the super villa on Heland Road in Repulse Bay, Lin Haocang got up slowly, then washed carefully, came to the dining room, and slowly enjoyed the exquisite lunch prepared by the servants, because when he came home last night, Lin Haocang played games at night. It's late at night, so I got up late today.

If it weren't for the midday sun shining on his face, he might have slept until the afternoon before waking up.

The lunch is very rich, made by a dedicated chef, foie gras soup, beef tenderloin, fried foie gras, apple pie, grilled steak, roast pork, and fig dessert.

Lin Haocang watched TV while having lunch, the financial news said that the economy of Japan was strengthening...

At 1 o'clock in the afternoon, Lin Haocang drove to the Sky Capital Center.

Holding a cup of Longjing tea, he took a sip and leaned leisurely on the boss chair. He opened the EUR/JPY trend chart and was immediately overjoyed!

Unexpectedly, the EUR/JPY fell sharply this morning. It is currently at 126.00. Lin Haocang holds a short position of 50 EUR/JPY in his account, and now has a floating profit of 160 points, a total floating profit of 8 million US dollars.

The net value of the account is as high as 58 billion US dollars.

"Euro/yen is expected to fall today!"

"The 125.30 position below is the support position formed by the 10 moving average in the daily chart. Today, the euro/yen should fall here before it stops!"

Lin Haocang tapped on the table lightly, thinking that EUR/JPY might fall to 125.30 today, or it might fall directly below 125.30.

Time passed slowly, EUR/JPY has been oscillating at 126.00.

At 5 o'clock in the afternoon, EUR/JPY finally fell below 126.00 to 125.80!

The floating profit in Lin Haocang's account is as high as 9 million US dollars, and the net value of the account is 59 billion US dollars, which is about to break through the small mark of 60 billion US dollars. Lin Haocang is very much looking forward to this.

Time passed slowly, and at 5:[-] in the afternoon, the euro zone announced an economic data.

Monthly PPI rate in the euro zone in February
Previous value: 0.8%
Predicted value: 0.4%
Published value: 0.1%
Producer Price Index (PPI) refers to a pointer to measure the production cost of an industry, which includes manufacturing, intermediate goods, energy commodities, capital goods, durable and non-durable consumer goods, etc. transaction price between.The data generally only has a potential impact, as Germany and France, which account for about half of the euro zone's overall economy, have previously released similar data.

This economic data is negative for the euro, and immediately the euro/yen started a new round of decline!

Ten minutes later, EUR/JPY dropped 10 pips to 40!

The floating profit in Lin Haocang's account is as high as 220 points, with a total floating profit of 11 billion U.S. dollars, and the net value of the account is as high as 61 billion U.S. dollars.

Seeing that the net value of the account broke through the small mark of 60 billion US dollars, Lin Haocang felt very relieved.

Lin Haocang poured himself a cup of tea, and waited leisurely for the euro/yen to continue to fall!

····
At the moment of Symmetrical Investment Company, Hu Xiaowei saw that the EUR/JPY had fallen to 125.40, his forehead was sweating profusely, and his back was drenched again.

Unexpectedly, the euro/yen fell all the way, and the bulls in the market couldn't stop it!

Now they hold 80 EUR/JPY short positions in their accounts, with an average opening position of 127.50, and the current floating loss is 210 points, with a total floating loss of 16.8 billion US dollars!

Seeing that the EUR/JPY was so weak, with a floating loss of US$16.8 billion in the account, Hu Xiaowei was heartbroken, and his pupils were full of fear!

He was scared, terrified, dazed, overwhelmed.

"How to do?"

"His!!"

"Why are the bulls in the market so vulnerable!"

"Hey, when the labor and management found out that something was wrong, it was time to cut the meat and stop the loss!"

Hu Xiaowei was extremely remorseful. He felt that something was wrong before, but the market gave him a little hope, so he chose to continue resisting orders. Unexpectedly, the market tricked him in a blink of an eye, causing the floating losses in their accounts to increase step by step. into the abyss.

(End of this chapter)

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