1142 is too naïve, too stupid

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The assistant on the side looked at Sprott in a hurry, looking like he was about to vomit three liters of blood, and couldn't help asking, "President, are you okay?"

After all, no one is comfortable!

In particular, as a big short position in USD/CAD, they hold a short position of 5 million contracts of USD/CAD, and USD/CAD skyrocketed by 100 points in one second, and they lost $5 billion in profits in one second!

He is also dripping blood in his heart!

That heartache!

Sprott ignored his assistant's words, just a gloomy silence, and inhaled heavily, his chest heaving!

His eyes were staring at the Bank of Canada Governor Poloz on the screen, and he couldn't wait to cut it with a thousand cuts!

This kind of look is very scary, scary!

made the assistant shiver all over his body, and his spine was cold!

His expression struggled for a moment, and he continued to ask: "President, what should we do now?" Now the situation is very urgent, and a choice must be made, if it is delayed, the consequences will be unimaginable!

After all, if USD/CAD fluctuates by one point, they have a profit and loss of $50 million in their account!

Now he feels that the USD/CAD surge is just the beginning!

In particular, the head of the central bank, Poloz, hinted at a rate cut at the press conference, which is simply a huge positive message for USD/CAD bulls!

It's like they surrounded the bulls in the market, tied them up in a big castle, and fought the trapped beasts, but at this time there was a great flood that swept towards them!

The bulls took the opportunity to fight back, but they were about to be defeated!

Thinking of this, the assistant sighed inwardly: "It is normal for the USD/CAD to continue to strengthen in the future!"

"Alas, I don't know how many shorts in the market have closed their positions and then converted into longs!"

···

After hearing his assistant's words, Sprott gasped deeply and asked with a gloomy face, "What else can I do?"

"Keep it up as it is!"

Seeing that the assistant looked stunned, Sprott yelled, "Keep holding!!"

"What else can we do now, can we close our positions, and let the USD/CAD continue to skyrocket by a few hundred pips?"

"How are we going to retreat now?"

"Can we close the position now?"

Now they don't have any choice!

There are so many buys in the market right now!

There are so few selling orders!

If they close their positions, they will buy the same number of long positions near the 1.0940 level, which will undoubtedly be equivalent to continuing to push USD/CAD higher, and then the USD/CAD bears will fall apart and collapse across the board, and then they will face huge losses!

Anyway, they still have a floating surplus of $1.75 billion, so Sprott decided to hold it and watch for a while!

The assistant was panicked, his back was covered in cold sweat, and he hurriedly said, "Yes, president!"

··

At this moment, in the trading room of the Bank of Montreal, the face of the McPida was gloomy, and he looked at the 1-minute chart of USD/CAD in shock!

The pupils are full of incredible!

He didn't calculate the dollar/Canadian dollar in a thousand calculations, and suddenly it rose by a hundred points in seconds!

Soaring from 1.8040 to 1.0940!

"How is this possible??"

"What the hell is this, what the hell is going on??"

"What the hell just happened?"

"Why did it skyrocket so much!!"

"Tell me what the hell is going on!!"

At this moment, Maibida looked at that super long white candle, and felt terrified!

I felt like I had been stabbed in the heart!

USD/CAD suddenly rose from 1.0840 to 1.0940!

Keep in mind that they have a short position of 2,000,000 lots of USD/CAD in their account!

If it rises by 100 points in this second, they will lose $2 billion in an instant!

Thinking of this, Maibida is dripping blood in her heart!

He thought the bulls in the market were stupid!

USD/CAD is bound to fall below the key support level of 1.0800 tonight and then plummet by hundreds of pips!

He also naively thought that their Bank of Montreal could make a few billion dollars this time!

But USD/CAD skyrocketed by 100 pips, which hit the confidence of Micropida!

Let him be miserable, ashamed of himself!

I can't wait to find a hole in the ground and stuff myself in!

Thinking of this, he sighed in frustration: "Alas, I am too naïve and stupid!"

Now they have 2 million short positions and an average position at 1.0940!

The $2 billion profit in their account is gone!

Mai Bida said bitterly: "2 billion US dollars!!"

"Ah!!h

As he spoke, he couldn't help but clench his fists tightly, and his fingernails were about to sink into the flesh of his palms!

"Who's going to tell me why!!"

At this time, Sparti hurriedly came and said: "Chairman, just now the President of the Bank of Canada Poloz hinted at an interest rate cut when he held a press conference!"

"So the USD/CAD bulls are frantically fighting back!"

"And a lot of short positions have also been closed!"

"That's why USD/CAD skyrocketed by 100 pips!"

They hadn't paid special attention to the press conference in Poloz before!

And they all think that USD/CAD will collapse very much tonight, and they are very confident about this, because when the Bank of Canada's interest rate meeting was announced, USD/CAD fell by 70 points in seconds!

But I never expected that the governor of the Bank of Canada, Poloz, would hold a press conference to hint at a rate cut!

Caused USD/CAD to skyrocket by 100 pips!

When Mai Bida heard this, he immediately scolded like thunder: "This damn bastard!"

"Dog mongrel!"

"Bitch!"

"Bitch!"

"The eight lambs who don't have a mother!"

··

He was so angry that his chest was heaving!

The whole person is like a crazy African wild dog!

It's terrible!

"This shit!"

"Suddenly hinted at a !!! rate cut at a press conference"

Isn't this just a trick for their bears!!

Thinking of this, Mai Pida angrily lifted the chair next to him, and then slammed it on the ground!

At this time, Spatri cautiously asked, "Chairman, what do we do now?"

At present, although all the profits in their accounts are gone, there is no floating loss in their account for the time being!

Now they are faced with a big choice!

Maibida was silent for a while, and then said, "Sparti, tell me your suggestion first!"

Sparti thought for a while and said, "Chairman, if we start to close the position now, we may lose hundreds of millions of dollars at most, and we can leave the market safely!"

"If we continue to fight against orders, we may lose even more!"

Maibida struggled for a while, and sighed, "Wait a little longer!"

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