Chapter 81: The Commander of the Three Armed Forces (Part 1)

"Chicago Handicap, Short Selling 20 Million ......"

"London handicap, add 30 million ......."

"New York handicap, add 20 million ......."

"Singapore Handicap, Short Selling 30 Million ......."

"Singapore handicap, add 60 million ........"

“........”

Foreign exchange forward trading is electronic 24-hour trading.

On the day when the baht line was lost, the trading volume of global baht-related forward contracts suddenly became extremely active.

Almost all the time, there is a huge amount of money coming in and out of the market.

In this case, how can Liu Qiang feel tired.

In the long-term transaction, under the education of the unscrupulous boss, Liu Qiang knew that the battle in the market was simply a war.

In the midst of war, who will be tired.

The numbers jumping rapidly on the handicap represent uncountable dollars.

Stimulated by money, the stimulated Liu Qiang's adrenal hormones erupted indefinitely.

The price of Thai baht is flying up and down.

Every time Liu Qiang gives an order, the price of the contract related to the Thai baht will move dramatically.

That feeling has never been more crazy in the world for a man.

On the disk, the numbers on the major forward contracts are jumping rapidly.

Chicago Plate.

US dollar to Thai baht price, 1:25.841.

London Plate.

US Dollar to Thai Baht price, 1:25.938.

New York buckle.

US Dollar to Thai Baht Price, 1:25.926.

On the Singapore handicap.

US dollar to Thai baht price, 1:25.755.

Zhao Jiangchuan said.

In terms of trading, Liu Qiang's talent is very average.

He does not have a strong analytical ability, nor does he have a keen sense of combat, let alone the ability of the whole army to unite in the united front.

Such Liu Qiang is not suitable to be the commander of the three armed forces.

But Liu Qiang is not without merit.

Diligence redeems stupidity.

Liu Qiangsheng is hard enough and serious enough.

He can do what he commands.

As long as it is Zhao Jiangchuan's order, he can carry it out meticulously.

That's it alone.

Liu Qiang can't be a person of the three armies of the united front, but he is enough to be a general who sits on one side.

As long as the exchange rate of the baht is above 26, buy and use half of the short position to hedge the long position.

These are Zhao Jiangchuan's exact words.

With Zhao Jiangchuan's words, Liu Qiang has become the best executor.

In the four major forward markets, the price of the Thai baht has been fluctuating close to around 26.

No matter how large the volume in the market is, the price of Thai baht is always firmly above 26.

As long as the price of the dollar to the Thai baht is hit at 1:26, Liu Qiang will place a buy order.

As long as he eats more than 50 million heads, Liu Qiang will issue a lock-up order to sell short.

The total position size of Boulder Capital is increasing wildly.

So, some people are very confused.

In other words, speculators who believe that the Thai baht has reached the moment of collapse have a sense of confusion.

Isn't the Bank of Thailand running out of bullets in its hands, how can anyone still buy Thai baht?

Bangkok, Bank of Thailand.

Governor Sonny was also very confused.

As the supreme commander of the BOT, Sonny is well aware of the pressure that the Thai baht is facing at the moment.

Show the enemy to be weak and lure the enemy deeper.

Li Xianchong's advice is good.

But international capital is not good at stubble.

Deliberately let go of the baht gap and let these capitals attack, once the BOT can't keep the real bottom line, luring the enemy deep will become its own opening of the door to lure the wolf into the room.

At that time, the baht will become food in the mouths of sharks and flesh under the teeth of wolves.

For this reason, Sonny has been worried.

With the strength of the British Empire, it cannot withstand the crazy devouring of international capital, and it is difficult for Thailand to really stop it today.

So Sonny had to listen to Li Xianchong's advice.

This is Thailand's only chance.

It's only this one chance.

If you can strike at the big and small beasts around you this time, then you can repel and kill those large and small funds that are plotting against the Thai baht.

Otherwise, everything is over.

However, Sonny found that the power of international capital seemed to be weaker than expected.

This time, BOT is ready to use more than $100 million in reserves to wipe out the wolves.

But before even two billion were used, the defense line of 26 had already been maintained.

Except for the heavy selling pressure in the market, there is hardly much pressure in the forward market.

Especially the London, New York and Chicago markets.

With less than $100 million in BOT, the price of baht has been able to remain above $26.

Even in the Singapore market, the BOT does not use more than $200 million.

The buy order of the forward market is obviously that other funds are also buying Thai baht.

Could it be that Singapore is helping?

No, if Singapore makes a move, Li Xianchong should greet me.

But if it wasn't for Singapore, who would it be?

Or are we ourselves too pessimistic?

Thai baht, not as unbearable as we imagined.

On the Singapore handicap.

The price of the US dollar to the Thai baht is jumping up and down around 1:25.765.

This price is undoubtedly within the real bottom line of BOT.

However, the pressure on BOT is obviously not as severe as previously estimated.

It can be seen in the transactions of the handicap that in addition to the massive short selling, there is still a large number of buying.

Moreover, the total amount of buying is significantly greater than the total amount of selling.

Otherwise, the price of the baht would have been broken down by 1:26 a long time ago.

Compared to the one in July, the form of the Thai baht in the forward market seems to be much better this time.

Surely there is no unknown existence that knows about our plans.

Sonny has a sense of absurdity.

Even he himself felt that he would not buy Thai baht at such a time.

However, there are funds to help BOT take a large number of sell-offs in the market at any cost.

But Sonny didn't think much of it.

It is a good thing for someone to buy Thai baht, both psychologically and practically, it is equivalent to doing BOT a favor.

On top of that, Sonny doesn't have time to think about it either.

After all, the size of positions in the forward market is limited, and the real war is in the spot market.

....

Standard Chartered Bank, Hong Kong.

Foreign Exchange Spot Trading Department.

George King, the former president of Standard Chartered Asia and now the global president of Standard Chartered, is directing market operations in the Central Trading Area.

George King's face was expressionless.

But in his heart, it is extremely complicated.

With George King's ability, in fact, it is no worse than the level of some well-known fund managers around the world.

Others can see the current crisis facing the baht, and so can George Kim.

Under various combined reasons, the collapse of the Thai baht has become a certainty.

No one can save an edifice that is about to collapse.

But in this case, he was transferred from New York to Hong Kong by the Supreme Commander.

Tasks, there is only one, and one and a half can also be said.

Take all the baht that Standard Chartered is facing, and then lend those baht to those who want to borrow money if someone wants to borrow it.

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